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Market for Construction Equipment and Heavy Machinery in AfricaThe global construction equipment market size is expected to reach USD billion by 2025. Earth moving machinery accounted for the highest market share in 2020. Increasing demand for large and mini excavators, backhoe loaders, and such other heavy construction equipment from developing countries is driving the market growth.
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Mining Machinery Market[225 Pages Report] The global mining machinery market size is projected to reach USD billion by 2025, from an estimated value of USD billion in 2020, at a CAGR of %. Increasing use of electric machinery in underground mining and increase in demand for metals and commodities are the driving factors are expected to boost the mining machinery market.
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Global Business Plan of Construction Machinery Solutionsconstruction machinery market for both construction and mining machinery has experienced growth in demand in recent years from emerging economies. Since the global financial crisis (Lehman Shock), demand for construction machinery has changed to a 25%/75% split between developed and emerging markets respectively, with competition in emerging economies .
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