Heavy construction equipment market to exceed $180.66bn by 2021 according to a survey by Markets And Markets.
The heavy construction equipment market is projected to witness significant growth in the next few years with the increase in government investments in infrastructure in developing nations and rise in construction and mining activities.
Factors such as rapid urbanisation, increase in investments in the construction industry & rise in demand for infrastructural development from developing economies, increase in population, and increase in level of spending of people around the globe are driving the growth of the heavy construction equipment market.
