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2025-11-28 10:06:59 -

Renewable Energy Projects Propel Market Demand for Heavy Lifting Equipment

The global lifting equipment market was valued at USD 77.58 billion in 2024 and is projected to reach USD 112.89 billion by 2032, reflecting a CAGR of approximately 4.8% during the forecast period. As global infrastructure accelerates, industrialization deepens, and automation trends advance, lifting equipment remains foundational for construction,...

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