Dublin, June 10, 2022 (GLOBE NEWSWIRE) -- The "Turkey Construction Equipment Market - Strategic Assessment & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Turkey construction equipment market is expected to grow at a CAGR of 6.86% The report considers the present scenario of Turkey's construction equipment market and market dynamics for 2022-2028. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the Turkish construction equipment market.

In 2021, the material handling segment was the largest segment in Turkey construction industry, followed by earthmoving and road construction equipment. The forklift was the largest segment by type. However, an excavator was the fastest-growing major construction equipment in 2021.

The demand for excavators is expected to rise due to various government investments in infrastructure development and growth in renewable energy.

The construction equipment market is consolidated with XCMG emerging as the leader, followed by Komatsu, Caterpillar, Volvo Construction Equipment, Liebherr and SANY. These companies have nearly 59% share of the total Turkey construction equipment market. Key Vendors

Key Topics Covered: Section 1 Introduction

Section 9 Report Scope & Definition

For more information about this report visit https://www.researchandmarkets.com/r/jybp68

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