Belgium Construction Equipment Market Report 2022: Strategic Assessments & Forecasts to 2028 - OEMs Focus on Innovations and Digitalization to Maintain Customer Loyalty - ResearchAndMarkets.com
The "Belgium Construction Equipment Market - Strategic Assessment & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Sep 19, 2022--
The "Belgium Construction Equipment Market - Strategic Assessment & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
In 2021, the Earthmoving segment accounted for the largest share in Belgium Construction equipment, with excavators as a sub-segment holding the largest share. The growth in infrastructure investment under the national recovery resilience plan 2030, along with expanding civil engineering & housing projects in 2021, is expected to support the demand for excavators.
The government has shifted focus toward renewable & nuclear energy resources and planned to invest an additional $1.3 billion in upgrading the renewable energy industry by 2030. In 2021, Belgium's government increased the energy and climate infrastructure project investment. A surge in renewable energy projects is expected to trigger the demand for excavators & cranes in Belgium.
