Construction and Mining Equipment Market: Comprehensive Segmentation Unveils Market Insights

The global construction and mining equipment market is witnessing significant growth driven by robust infrastructure development projects, technological advancements, and increasing demand for raw materials worldwide. This market encompasses a wide range of machinery and equipment used in construction, mining, and related industries, including excavators, bulldozers, loaders, dump trucks, and crushers. The global construction and mining equipment market is forecast to expand at a CAGR of 3.8% and thereby increase from a value of US$173.4 Bn in 2023, to US$225.1 Bn by the end of 2030.