About bulldozer tractor
A bulldozer is a type of crawler with an attached blade that is used to dig or move large quantities of soil, sand, and other construction materials in construction sites. The blade is typically equipped on the rear end with a ripper, shaped as a claw, that helps in loosening densely compacted materials. Various types of bulldozers operate in almost all types of infrastructure-related activities, including construction of structures, in mines, quarries, and other engineering projects. Countries such as Brazil, Canada, China, Germany, Italy, Indonesia, Russia, Japan, and the US are expected to play a major role in the revenue contribution to the global bulldozer tractor market.
Technavio's analysts forecast the global bulldozer tractor market to grow at a CAGR of 7.52% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the global bulldozer tractor market for the period 2015-2019.
Technavio's report, Global Bulldozer Tractor Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of global bulldozer tractor market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Bulldozer Tractor Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Bulldozer Tractor Market: Caterpillar, Hitachi Construction Machinery, John Deere and Komatsu
Other Prominent Vendors in the market are: LiuGong Machinery, Zoomlion, Shantui Construction Machinery, Liebherr, Shandong Heavy Industry Group, Durga Tractors, BEML, Rockland, Case Construction, and Doosan Infracore.
Commenting on the report, an analyst from Technavio’s team said: “The availability of financing options to purchase bulldozer tractors acts as a catalyst for market growth. It gives SMEs the opportunity to venture into the construction industry with minimal risks.”
According to the report, the increased investment in infrastructure development is one of the major drivers boosting the growth of the global bulldozer tractor market during the forecast period.
Further, the report states that one major challenge is the fluctuations in oil prices. When the price of oil rises the prices of raw materials such as steel and iron also rise, thus the cost of manufacturing construction equipment soars, putting a strain on the budgets of smaller vendors of bulldozer tractors.
Caterpillar, Hitachi Construction Machinery, John Deere, Komatsu, LiuGong Machinery, Zoomlion, Shantui Construction Machinery, Liebherr, Shandong Heavy Industry Group, Durga Tractors, BEML, Rockland, Case Construction, Doosan Infracore.