Heavy construction equipment market will reach 166.5 billion USD in 2020

According to an Indian report, the heavy construction equipment market is projected to reach $166.05 Billion, with a CAGR of 6.80% from 2015 to 2020. The huge demand for heavy construction equipment from emerging economies is due to the infrastructural development and to the increased spending on construction activities.
It is essential for manufacturers to continually invest in research and development activities and come up with innovative solutions.

Materials processed by the Viganò International cutting and slittening lines are largely used for the construction of earthmoving machinery: for further information visit www.vigano.international..

 

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