From GlobeNewswire: 2024-04-10 15:00:00

Custom Market Insights published a report on the Electric Construction Equipment Market, projecting a value of USD 67.4 Billion by 2033 with a 18.6% CAGR from 2024. Factors driving market growth include environmental regulations, cost savings, technological advancements, sustainability practices, government incentives, and urban infrastructure projects. Partnerships with Volvo CE, Deere & Company, and Wacker Neuson further propel market expansion. The COVID-19 pandemic impacted the market with supply chain disruptions, delayed projects, government investments, focus on sustainability, renewed construction activity, technology integration, health, safety considerations, and increased environmental awareness shaping the industry’s recovery and growth opportunities. Key questions answered in the report include market size, growth rate, driving factors, top companies, and investment opportunities for stakeholders.



Read more at GlobeNewswire: [Latest] Global Electric Construction Equipment Market