Singapore Construction Equipment Market Strategic Assessment & Forecast 2024: Compound Annual Growth of 5.8% Forecast During 2023-2028, Driven by Infrastructural Investments & Public Housing Projects - ResearchAndMarkets.com
This initiative will expand upon ongoing projects like Silver Zones, School Zones, Transit Priority Corridors, and other roads and support the growth of the Singapore construction equipment market.
- This initiative will expand upon ongoing projects like Silver Zones, School Zones, Transit Priority Corridors, and other roads and support the growth of the Singapore construction equipment market.
- Earthmoving equipment accounted for the largest market share of the Singapore construction equipment market in 2023.
- Rising investment in housing, port expansion, and public infrastructure projects is expected to drive the demand for excavators in the Singapore construction equipment market.
- Most of the FDI investment will be directed to Lion City, propelling the growth of the Singapore construction equipment market.