Construction Equipment Market's Growth Boosted by Post-Recession Economic Recovery; to Stand at US$192.3 Billion by 2017
As mining and construction activity revives following the devastating impact of the 2008 economic meltdown, the construction equipment market is poised to report a compounded annual growth rate of 6.0% between 2012 and 2017, says Transparency Market Research's latest study. According to a market research report published by the U.S.-based market intelligence firm recently, the global construction equipment market was valued at US$143.6 billion in 2012, and is expected to rise to US$192.3 billion by 2017. These findings are detailed...
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