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The key factors supporting the growth of the global construction equipment market include increased construction activities due to the growing population and rapid urbanization across key countries across the world. The development of smart cities and rising government investments for infrastructure development are certain factors boosting the growth of the global construction equipment market in the upcoming years. The advancements in the technology of the construction equipment and the inclination of industries towards adopting autonomous equipment are projected to bolster the growth of the construction equipment market during the forecast period.

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