The construction equipment tracking market is projected to grow from $1.96 billion in 2026 to $3.25 billion by 2030 at a 10.7% CAGR driven by AI and IoT-enabled monitoring.
The Construction Equipment Repair and Maintenance Service market will grow from $35.14B in 2026 to $44.91B by 2030 at 5% CAGR, driven by predictive maintenance and automation.
The construction equipment fleet management software market is projected to grow from $4.54 billion in 2026 to $8.47 billion by 2030 at a 13.3% CAGR driven by AI and telematics adoption.
The construction equipment diagnostics market is projected to grow from $2.65 billion in 2026 to $4.34 billion by 2030 at a 10.3% CAGR driven by AI and telematics adoption.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.