Construction Equipment Market - Global and China Forecast, Market Share, Size, Growth and Industry Analysis, 2011 - 2017

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Construction Equipment Market - Global and China Forecast, Market Share, Size, Growth and Industry Analysis, 2011 - 2017

Published Date 10-Dec-2012

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Construction Equipment Market Will Reach USD 192.3 Billion Globally by 2017: Transparency Market Research

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Construction Equipment Market

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Construction Equipment Market - Global and China Forecast, Market Share, Size, Growth and Industry Analysis, 2011 - 2017 According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Construction Equipment Market - Global and China Forecast, Market Share, Size, Growth and Industry Analysis, 2011 - 2017," the global construction equipment market is expected to reach USD 192.3 billion by 2017 from USD 143.6billion in 2012, growing at a CAGR of 6.0% from 2012 to 2017.The earth-moving equipment segment is in a commanding position contributing about 43% to the total construction equipment market revenue in 2012. China accounted for majority of the global construction equipment consumption, with Europe at a distant second. Browse the full report at Construction Equipment Market http://www.transparencymarketresearch.com/construction-equipment-market.html The construction equipment market is driven by factors such as growth in construction activities, emergence of lease-based equipment, and increasing government investment in infrastructure development especially in developing nations. In addition demand by companies in infrastructure and real estate is also supporting the growth of the construction equipment market. Despite the encouragement by governments across the globe, there are certain factors inhibiting the growth of the...