According to a new market report published by Transparency Market Research titled, “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 $192.3 billion by 2017 from $143.6 billion 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.
The report provides in depth analysis, market size estimates, market shares and forecast for the construction equipment market across the globe. The report analyzes four regional markets, namely China, the U.S. Europe and Asia for construction equipment based on product types.
Browse the full report at http://www.transparencymarketresearch.com/construction-equipment-market….