Excavator Market Share Will Hit US$ 177.7 Billion By 2028 | Growth With Recent Trends & Demand
IMARC Group, a leading market research company, has recently releases report titled “ Excavator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 .” The study provides a detailed analysis of the industry, including the global excavator market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights How Big is the Excavator Market? The global excavator market size reached US$ 80.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 177.7 Billion by 2028, exhibiting a growth rate (CAGR) of 14% during 2023-2028. What is Excavator? The excavator market represents a dynamic and essential segment within the construction industry, driven by the demand for efficient earth-moving and excavation equipment. Excavators are versatile machines widely utilized in various sectors, including construction, mining, forestr...