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Asia Pacific Construction Equipment Market Growth

Sector: Government • Location: Asia Pacific

Source: Highways Today

Project
Ongoing

The revenue of Asia Pacific construction equipment market crossed $60 billion in the year 2019 and is predicted to touch 75 billion-dollar mark till 2026, growing at 4.5% between the years 2020 and 2026. The sector is expected to bounce back by 2021 as the situation stabilizes post the COVID-19 pandemic. The growth is being driven by government-funded power grid projects, focus on improving transp

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The project “Asia Pacific Construction Equipment Market Growth” is an infrastructure initiative in the Government sector, located in Asia Pacific. Taiyo aggregates data on it from Highways Today.

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ongoing

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Description

Description

The revenue of Asia Pacific construction equipment market crossed $60 billion in the year 2019 and is predicted to touch 75 billion-dollar mark till 2026, growing at 4.5% between the years 2020 and 2026. The sector is expected to bounce back by 2021 as the situation stabilizes post the COVID-19 pandemic. The growth is being driven by government-funded power grid projects, focus on improving transportation networks, and numerous mega-scale construction projects in India.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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