Steel tracks and rubber tracks are types of traction systems used in heavy machinery and construction equipment. Steel tracks are made of steel components and are known for their durability and strength, making them suitable for demanding terrains and heavy-duty applications. Rubber tracks, on the other hand, are composed of rubber and other composite materials, offering reduced ground impact, improved maneuverability, and versatility, making them ideal for sensitive surfaces and urban construction projects.
Market Dynamics:
Growing construction and infrastructure development, increased adoption of rubber tracks for reduced ground impact are major factors expected to drive growth of the global Steel Tracks and Rubber Tracks market during the forecast period.
However, high initial cost and maintenance expenses, limited application for rubber tracks in heavy-duty tasks are expected to hamper the growth of the global steel tracks and rubber tracks market over the forecast period.
Key features of the study:
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