![\"\"](\"http:\/\/www.romanopisciotti.com\/wp-content\/uploads\/2018\/11\/tris.jpg\")
<\/a><\/p>\nThe Asia Pacific construction equipment market will witness a strong growth owing to the growing government focus toward the construction sector. Initiatives, such as Make in India and Made in China 2025, supporting the infrastructure sector will favor the industry growth. Initiation of projects, such as South-North Water Transfer Project in China, will propel the industry demand in the region. The development of smart city projects in Singapore will surge the demand for high-performance machinery.<\/p>\n The high initial and maintenance costs of the machinery discouraging the adoption of the equipment for small-scale construction projects will hinder the construction equipment market growth. Construction projects with limited monetary resources are still preferring traditional manual construction techniques over modern machinery. Equipment incorporated with the latest technologies, such as GPS and IoT, is further increasing the overall equipment cost, thereby restricting the construction equipment market growth.<\/p>\n Growth drivers https:\/\/www.marketstudyreport. <\/p>\n Romano Pisciotti, Motor Parts Industry (MPI) – ITALMOTOR<\/p>\n IVECO Dealer, Nigeria<\/p>\n","protected":false},"excerpt":{"rendered":" Construction Equipment Market is anticipated to exceed USD 170 billion by 2024. The globally flourishing construction sector is surging the demand for high-performance machinery that aids in reducing human involvement in the construction process. The rapid growth in the number of construction activities is exerting pressure on the existing human resources. The demand for sophisticated … Continua a leggere Construction Equipment Market<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094,14],"tags":[1238,1244,1243,158,1092,1189,639,5,41],"class_list":["post-1890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iveco","category-marketing","tag-astra","tag-cnh","tag-construction-equipment","tag-italmotor","tag-iveco","tag-mpi","tag-nigeria","tag-pisciotti","tag-romano-pisciotti"],"_links":{"self":[{"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/posts\/1890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/comments?post=1890"}],"version-history":[{"count":1,"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/posts\/1890\/revisions"}],"predecessor-version":[{"id":1898,"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/posts\/1890\/revisions\/1898"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/media\/1897"}],"wp:attachment":[{"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/media?parent=1890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/categories?post=1890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.romanopisciotti.com\/index.php\/wp-json\/wp\/v2\/tags?post=1890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/a>
\n\u2022 Implementation of advanced technologies in construction equipment
\n\u2022 Increasing infrastructure investments globally
\n\u2022 Growing construction industry in China & India
\n\u2022 Rising equipment rental demand in North America & Europe
\n\u2022 Increasing rate of urbanization in the North America & Europe
\n\u2022 Increasing infrastructure and industrial projects in Russia
\n\u2022 Growing urbanization and safety concerns in India
\n\u2022 Growing reconstruction and maintenance activities in Japan
\n\u2022 Rapid infrastructure development in BRIC countries
\n\u2022 Recovering construction sector in Latin America
\n\u2022 Increasing investment in mining projects across Latin America & MEA
\n\u2022 Rising number of public private partnership projects in MEA<\/p>\n<\/a><\/a><\/a>