The Asia-Pacific heavy-duty construction equipment market is anticipated to grow significantly at a CAGR of 7.0% over the forecast period (2021-2027). China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific are the key economies that substantially contribute to the growth of the Asia-Pacific heavy-duty construction equipment industry. The key aspect that drives the growth of […]
Category Archives: Construction
The global construction equipment market is anticipated to grow significantly at a CAGR of 4.0% over the forecast period (2021-2027). The key aspect that drives the growth of the global construction equipment market is the rapid evolution in the construction industry across the globe. The shift of the people towards the urban areas, i.e., urbanization, increasing middle-class […]
The global mining equipment market is estimated to grow at a CAGR of 4.6% during the forecast period. Rising demand for electric machinery in underground mining is one of the key factors accelerating market growth. In July 2020, Sandvik expects southern African mines to witness more interest in battery-powered, electric underground drill rigs owing to their environmental […]
The global 3D reconstruction market is anticipated to exhibit considerable CAGR during the forecast period (2020-2026). 3D reconstruction is a technology required to do a huge number of applications such as art analysis and restoration, phenotype analysis, film, art analysis and restoration, and designing of game graphics, among others across the end-users. Photometrix Ltd., Pix4D SA, Koninklijke […]
India dredging hose market is estimated to grow at a CAGR of nearly 4.2% during the forecast period. The Indian dredging industry is significantly driven by the increasing demand for dredging from its major and non-major ports. Owing to the recent developments to encourage local manufacturing coupled with the Make in India initiative and the […]
Germany dredging hose market is estimated to grow at a CAGR of nearly 3.4% during the forecast period. Germany has the largest natural gas production capacity among EU5 economies. In 2018, Germany produced 4.8 Mtoe of total natural gas. However, oil and gas exploration in Germany is a small industry compared to top producer countries […]
The global dredging hose market is estimated to grow at a CAGR of nearly 3.3% during the forecast period. The demand for dredging hose is growing significantly owing to increasing seaborne trade. For instance, according to United Nations Conference on Trade and Development (UNCTAD), in 2018, developing economies accounted for the largest share of global […]
China dredging hose market is estimated to grow at a CAGR of nearly 3.9% during the forecast period. Significant rise in investment in port infrastructure is contributing to the rising number of dredging contracts in the country. In 2013, China’s Belt and Road Initiative (BRI) was introduced which is a major port infrastructure project in […]
Asia-Pacific dredging hose market is estimated to grow at a CAGR of nearly 3.7% during the forecast period. Rising development of port infrastructure and significant focus on riverbed dredging are some key factors contributing to the market growth in the region. Rising seaborne trade has led the demand for port maintenance and development in the […]
The global market for hydraulic hose is projected to have considerable CAGR during the forecast period. The major factors that propels the hydraulic hose market include growing demand of hydraulic hose in various industries such as construction & mining, agriculture, and growing construction activities across the globe. The hydraulic hoses provide various benefits to these industries […]