The global heavy construction equipment market was valued at approximately USD 202,000 million in 2023 and is projected to grow from USD 210,500 million in 2024 to USD 315,000 million by 2034, registering a compound annual growth rate (CAGR) of 4.8% during the forecast period (2024-2034). Luton, Bedfordshire, United Kingdom, Jan. 21, 2025 (GLOBE NEWSWIRE)