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Construction Equipment Market in GCC 2024: How Big is the GCC Construction Equipment Industry? GCC construction equipment market size is projected to exhibit a growth rate (CAGR) of 8.10% during 2024-2032. The GCC construction equipment market is growing due to urbanization, infrastructure projects, and government initiatives boosting development. Report Attribute Key Statistics Base Year 2023 Forecast Years 2024-2032 Historical Years 2018-2023 Market Growth Rate (2024-2032) 8.10% GCC Construction Equipment Market Trends and Drivers: The GCC construction equipment market is driven by a growing focus on infrastructure development and expanding urbanization. Major projects such as Saudi Arabia's Vision 2030 and Expo 2020 in the UAE have significantly increased the demand for construction machinery, including excavators, loaders, cranes, and bulldozers. These large-scale developments require advanced equipment to meet high construction standards and timelines. Addition...

IMARC Group, a leading market research company, has recently releases report titled “GCC Construction Equipment Market Report by Solution Type (Products, Services), Equipment Type (Heavy Construction Equipment, Compact Construction Equipment), Type (Loader, Cranes, Forklift, Excavator, Dozers, and Others), Application (Excavation and Mining, Lifting and Material Handling, Earth Moving, Transportation, and Others), Industry (Oil and Gas, Construction and Infrastructure, Manufacturing, Mining, and Others), and Country 2024-2032” . The study provides a detailed analysis of the industry, including the GCC construction equipment market size , share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How Big is the GCC Construction Equipment Market? GCC construction equipment market size is projected to exhibit a growth rate (CAGR) of 8.10% during 2024-2032. Report Attribute Key ...