Author: johnlevis

Introduction The construction equipment market is observing a significant demand in the industry, driven by vigorous infrastructure projects and technological progress. This growth reflects an increasing need for efficient and powerful machinery across diverse construction sectors. However, the market is not only seeing growth in equipment but also its components particularly.  The global undercarriage component market is also experiencing substantial growth, with expectations of a compound annual growth rate (CAGR) of 4.5% over the next eight years. This expansion reflects a broad trend of increasing investments in global infrastructure, notably within the construction and mining sectors.  As the market evolves,…