According to Cognitive Market Research, The Global Heavy Equipment Maintenance market size is USD 5.8 billion in 2023 and will enhance at a compound annual growth rate (CAGR) of 6.60% from 2023 to 2030.
The demand for heavy equipment maintenance is rising due to various strategies adopted by key players.
Demand for automotive remains higher in the heavy equipment maintenance market.
The maintenance channel category held the highest heavy equipment maintenance market revenue share in 2023.
Asia Pacific will continue to lead, whereas the North American heavy equipment maintenance market will experience the most substantial growth until 2030.
