Bulldozer Market in Spain 2015-2019
Bulldozers are used for various infrastructure-related activities including construction, mining and quarrying, and other engineering activities.
Technavio's analysts forecast the bulldozers market in Spain to grow at a CAGR of 4.09% over the period 2014-2019.
Covered in this Report
In this report, Technavio covers the present and future market scenarios of the bulldozers market in Spain for the period 2015-2019. To calculate the market size, we have considered the consumption value of bulldozers in Spain. The performance of the market has been presented based on the CAGR derived from an analysis of present market conditions.
In this report, we discuss the major drivers influencing market growth, challenges faced by vendors and the market as a whole, and key trends emerging in the market. We also provide a detailed analysis of the key vendors in the market.
Technavio Announces the Publication of its Research Report – Bulldozer Market in Spain 2015-2019
Technavio recognizes the following companies as the key players in the Bulldozer Market in Spain: Caterpillar, Guangxi LiuGong Machinery, KESA and Liehberr
Other Prominent Vendors in the market are: JCB, Kobelco Construction Machinery Europe and Volvo
Commenting on the report, an analyst from Technavio’s team said: “The government is making efforts to improve the condition of the construction market. In 2005, the ministry of public works and transports launch the PEIT plan (2005-2020). It focuses on providing construction companies with guidelines for the construction of transportation and other infrastructure projects. Further, in 2012 it launched PITVI, which aims to improve transportation and housing infrastructure. According to this plan, which include construction activities till 2024, the government will build 1,000 miles of railway network during the period of 2012-2024. In the housing sector, this plan is helping Barcelona recover from the economic crisis, and at present it is the only city in Spain to gain marginal profits.”
According to the report, apart from promoting the transportation plan introduced in 2012, under which it will focus on improving interstate connectivity, the government is taking other initiatives: more than 2,000 miles of six-lane roads are under development, and 9,320 miles of motorways are under reconstruction. In 2014, the government invested $20 billion in the construction of these projects, and $7 billion has been allocated toward their maintenance in 2015. Such projects will have a positive impact on the bulldozer market in Spain.
Further, the report states that factors such as the inherent drawbacks of bulldozers will curtail market growth.
Caterpillar, Guangxi LiuGong Machinery, KESA, Liehberr, JCB, Kobelco Construction Machinery Europe, Volvo
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