April 13, 2022 15:05 ET | Source: Arizton Advisory and Intelligence Arizton Advisory and Intelligence
Chicago, April 13, 2022 (GLOBE NEWSWIRE) -- According to Arizton’s latest research report, the Mexico construction equipment market is likely to reach $1.9 billion by 2028, growing at a CAGR of 6%. T-MEC Corridor, which is a project ($ 3.3 billion) in Mexico, is one of the major transport maintenance and development projects that is under progress in Mexico and expects to be completed by 2024. Increasing investment in development projects in Mexico is driving the market growth.
The surge in demand for automated and advanced construction equipment in the country is due to the shortage of labor including construction and agriculture. This, in turn, is creating lucrative opportunities for vendors to invest in Mexico.
Mexico Construction Equipment Market Report Scope
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Why Should You Buy this Research This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:
Mexico Construction Equipment Market Size & Forecast Volume (Unit sales) 2019-2028
Mexico Construction Machinery Market Size & Forecast Value (USD)2019-2028
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