Singapore Construction Equipment Market Report 2024-2029, Featuring Caterpillar, Hitachi Construction Machinery, Komatsu, Liebherr, Kobelco, Kubota, SANY, XCMG and Develon [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Singapore construction equipment market is expected to grow from 4,896 Units in 2023, to reach 6,884 Units in 2029, growing at a CAGR of 5.84% from 2023-2029. Increased Investment in Public Infrastructure Projects By 2030, Singapore aims to increase the railway system to approximately 360 km. This objective entails linking eight out of every ten households within a 10-minute of a train station. A 360-km rail network will position Singapore with a total railway span surpassing prominent cities like Tokyo or Hong Kong. The Land and Transport Authority (LTA) plans to launch a 'Friendly Streets' program to foster more inclusive and community-oriented commuting experiences within residential areas. 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 m
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