121.69 Billion by 2034 | CAGR: 5.7% “Earthmoving Equipment Market Size, Share, Trends, Industry Analysis Report: By Product (Dozer, Excavator, Loader, Motor Grader, Dump Truck, Backhoe, Compaction Equipment, and Others), Propulsion, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034
was valued at USD 70.17 billion in 2024. The market is projected to grow from USD 74.01 billion in 2025 to USD 121.69 billion by 2034, exhibiting a CAGR of 5.7 % during 2025–2034. Request To Sample : https://www.polarismarketresearch.com/industry-analysis/earthmoving- equipment-market/request-for-sample
In terms of product, the loader segment led the earthmoving equipment market share in 2024 due to its versatility, efficiency, and wide range of applications across construction, mining, and infrastructure development. • The dump truck segment is projected to grow at a robust pace in the coming years, owing to a surge in large-scale mining activities, road construction projects, and the expansion of logistics infrastructure worldwide. • Based on application, the construction segment dominated the market share in 2024 due to rapid urbanization, infrastructure development, and increasing residential and commercial projects worldwide. Buy Now : https://www.polarismarketresearch.com/buy/4558/0
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