How much are the world’s biggest construction OEMs spending on R&D?
08 April 2024
The landscape of construction equipment never stays still for long.
That’s particularly the case at the moment, as manufacturers race to respond to the significant challenge of decarbonizing their machines at the same time as keeping up with the latest advancements in digital technology.
So it’s no surprise that the world’s biggest OEMs spend vast sums every year trying to stay one step ahead of their rivals in the fiercely contested field of research and development.
Construction Briefing takes a look at how much the top 10 companies in the world spend on R&D…
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