The global market for heavy construction equipment is expected to increase continuously in the upcoming years based on a 2020 forecast. By 2030, this market is expected to be worth over 273 billion U.S. dollars.
Global heavy construction equipment market size between 2020 and 2030
(in billion U.S. dollars)
* Projection. Values have been rounded.
This Statista estimate is based on the 2030 values and the compound annual growth rate from 2021 to 2030 of 4.4 percent, which were provided by the source. An exponential development of the market was assumed.
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Statista. (March 9, 2022). Global heavy construction equipment market size between 2020 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1220897/heavy-construction-equipment-market-size-worldwide/
Statista. "Global heavy construction equipment market size between 2020 and 2030 (in billion U.S. dollars)." Chart. March 9, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1220897/heavy-construction-equipment-market-size-worldwide/
Statista. (2022). Global heavy construction equipment market size between 2020 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1220897/heavy-construction-equipment-market-size-worldwide/
Statista. "Global Heavy Construction Equipment Market Size between 2020 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Mar 2022, https://www.statista.com/statistics/1220897/heavy-construction-equipment-market-size-worldwide/
Statista, Global heavy construction equipment market size between 2020 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1220897/heavy-construction-equipment-market-size-worldwide/ (last visited November 22, 2024)
Global heavy construction equipment market size between 2020 and 2030 (in billion U.S. dollars) [Graph], Statista, March 9, 2022. [Online]. Available: https://www.statista.com/statistics/1220897/heavy-construction-equipment-market-size-worldwide/