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A report on the Construction Equipment Market has been released by Stratview Research. The report examines market dynamics, current and emerging trends, industry forecasts, and the competitive landscape in depth. High demand for strong residential and commercial infrastructure, as well as global urbanisation, are some of the primary factors driving the market. In 2021, earthmoving and road-building equipment commanded a market share of more than 59%. This category includes compaction equipment, excavators, loaders, and backhoes.

Lockdown regulations in several countries have had an immediate impact on the global economy. This report includes both direct and indirect pandemic effects.