DUBLIN, Nov. 26, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/2s5mk6/global) has announced the addition of the "Global Construction Tractors Market - Market Analysis 2015-2019" report to their offering.
The global construction tractor market to grow at a CAGR of 6.78% over the period 2014-2019.
Global Construction 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 the global construction tractor market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
One of the major drivers propelling market growth is the increased investment in infrastructure projects. Rapid urbanization demands for high investment for developing infrastructure such as highways, railroads, and ports, which leads to the increased demand for construction tractors.
The construction equipment industry is capital-intensive. Many small firms are unable to invest heavily in advanced equipment, encouraging many vendors to offer equipment on a rental basis. This will likely lead to increased adoption of construction tractors in the construction industry.
According to the report, increased investment in infrastructure projects is an important factor driving market growth. Rapid urbanization demands high investments to develop infrastructure such as highways, railroads, and ports, which leads to increased demand for construction tractors.
Further, the report states that the growth of the global construction tractors market is limited by certain challenges. Customer needs are changing, and manufacturers have to develop equipment with reduced carbon emissions and better fuel efficiency.
- Hitachi Construction Machinery
- Volvo Construction
Other prominent vendors
- Case Construction
- Doosan Infracore
- Hyundai Heavy Industries
- Kawasaki Construction Machinery
- LiuGong Machinery
- Shandong Heavy Industry Group
- Shantui Construction Machinery
- YTO Group
Key Topics Covered:
Part 1: Executive summary
Part 2: Scope of the report
Part 3: Market research methodology
Part 4: Introduction
Part 5: Market landscape
Part 6: Market segmentation by type
Part 7: Geographical segmentation
Part 8: Key leading countries
Part 9: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
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SOURCE Research and Markets