Product ID: SQMIG20G2027
Report ID:
SQMIG20G2027 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
62 |
Figures:
75
North America's developed infrastructure and construction projects have made it a prominent market for used construction equipment historically. Key revenue generation of this region is derived from the United States and Canada. Excavators, loaders, bulldozers, and other construction equipment kinds are among the many varieties that make up this sector. Urbanization, remodeling projects, and the expansion of infrastructure boost equipment demand.
Europe has a sizable market for used construction equipment, with key participants including Germany, the UK, France, and Italy. The building sector in the area is well-established, and there is a steady need for both large and small machinery. The market for secondhand equipment is also indirectly impacted by laws and environmental concerns, which frequently result in a preference for newer, more efficient technology. The secondhand construction equipment industry in Asia-Pacific is projected to rise at a significant CAGR with key contributions coming from nations such as Japan, China, India, and South Korea, is vibrant and expanding quickly. Urbanization and the development of infrastructure are the main forces at work here. The market offers a broad variety of equipment types to meet these nations' varied construction needs.
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Product ID: SQMIG20G2027