Construction and Mining Equipment Market Insights Video
According to Cognitive Market Research, the global construction and mining equipment market size is USD XX million in 2023 and will expand at a compound annual growth rate (CAGR) of 7.20% from 2023 to 2030.
Technological advancements, increased demand for minerals, and robust infrastructure development are some of the factors propelling the market for construction and mining equipment.
Demand for excavators remains higher in the construction and mining equipment market.
The aftermarket category held the highest construction and mining equipment market revenue share in 2023.
North American construction and mining equipment will continue to lead, whereas the Asia Pacific construction and mining equipment market will experience the most substantial growth until 2030.
