The market for heavy construction equipment market is expected to develop at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2034, from its estimated USD 199.6 billion in 2023 to USD 334.3 billion by 2034. The main purpose of heavy machinery is to make it easier to move and manipulate massive quantities of materials, something that is frequently difficult or impossible to do with only...
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