Electric Construction Equipment Market to reach $77.2 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]
HITACHI LTD ADR (HTHIY)
NASDAQ:AMEX Investor Relations:
hitachi.com/ir-e
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Source: Yahoo! Finance
Co., Hitachi Construction Machinery Co., Liebherr Group, JCB, Terex Corporation, Sany Group. Selbyville, Delaware, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The electric construction equipment market is predicted to cross USD 77.2 billion by 2032, as reported in a research study by Global Market Insights Inc. As urban areas expand, there's a heightened demand for sustainable construction methods. This shift has led to the increased adoption of electric machinery, celebrated for its lower emissions and diminished noise pollution. Infrastructure projects, spanning roads, bridges, and public facilities, are receiving significant funding from both governments and private investors, underscoring the need for advanced construction equipment. In these densely populated urban locales, the preference for electric equipment is driven by its environmental benefits and adherence to stringent regulations. The electric construction equipment market from the 50 kWh to 200 kWh battery capacity segment
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