Lifting Equipment Market To Reach USD 143.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]
Terex Corporation (TEX)
Last terex corporation earnings: 4/30 04:10 pm
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Source: Yahoo! Finance
Fort Collins, Colorado, April 04, 2024 (GLOBE NEWSWIRE) -- The Lifting Equipment Market size was valued at USD 97.7 Billion in 2023 and is anticipated to reach USD 143.2 Billion by 2032 at a CAGR of 4.3%. The significant increase in global construction activities is responsible for the increasing need for lifting equipment. Growing infrastructure construction in the US and urbanization countries like the Asia Pacific, the Middle East, and Latin America, including Brazil, Saudi Arabia, the United Arab Emirates, India, and China, contribute to market growth. Furthermore, tightening regulatory requirements and the growing focus on worker safety are also responsible for the surge in demand for lifting equipment worldwide. The rising need to reduce emissions due to severe climate change, rising fossil fuel prices, and growing emphasis on sustainability is leading to innovation such as electric or fuel cell-powered lifting equipment which presents growth avenues to prominent market pla
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TEX
Earnings
- 4/25/24 - Beat
TEX
Sec Filings
- 5/3/24 - Form 144
- 4/29/24 - Form 8-K
- 4/26/24 - Form 10-Q
- TEX's page on the SEC website