Forecast on the global earthmoving equipment market

The Viganò International cutting and slitting lines are suitable for the processing of various types of material  largely used in earthmoving machinery. We present here the results of a study by Grand View Research about the forecast on the global earthmoving equipment: it is expected to reach USD 184.56 billion by 2022. To fuel product demand over the forecast period are the strong economic growth coupled with increasing consumer spending on infrastructure activities. In particular, Asia Pacific earthmoving equipment market is estimated to exhibit high growth prospects over the next seven years. In driving this industry growth are very important the technological advancements and the improvement in the quality and after-market services offered by vendors.

 

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