Kenya Construction Equipment Market size is projected to Grow at a CAGR of 4.5% during 2023-2029

By application, the construction segment acquired the largest revenue share in Kenya Construction Equipment Market – 6Wresearch

The construction application segment is expected to demonstrate highest revenue share in coming years owing to a large number of upcoming infrastructure projects in the region.

According to 6Wresearch, Kenya Construction Equipment Market size is projected to Grow at a CAGR of 4.5% during 2023-2029.  The construction equipment market in Kenya has experienced notable growth in recent years, mainly driven by the implementation of major infrastructure projects initiated by the Kenyan government. These include the construction of significant landmarks like the Lamu Port and Jomo Kenyatta International Airport, the Nairobi-Nakuru Highway project as well as the establishment of a commuter railway system in Nairobi. These substantial infrastructure undertakings are expected to have a significant impact on the growth and development of the construction equipment market in Kenya.

According to Shivankar, Research Manager, 6Wresearch, Southern region followed by Western in Kenya is anticipated to register highest revenue in the forecast period owing to major projects planned in these regions such as Konza Technopolis, Nairobi Expressway and others.

The Kenya Construction Equipment Market (2023-2029) report provides an in-depth analysis with 47 figures and 20 tables, covered in 87 pages. The report comprehensively covers the market by types, application, and region. The report provides a detailed as well as unbiased analysis of the on-going drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per to the latest and future market dynamics.