DUBLIN, Feb. 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/sczgn6/global_skid_steer) has announced the addition of the "Global Skid Steer Market 2016-2020" report to their offering.
The global skid-steer loader market to grow at a CAGR of 8.09% during the period 2016-2020.
The report, Global Skid-steer Loader Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The construction equipment industry being capital-intensive, many small firms are unable to invest heavily in advanced equipment while many vendors offer equipment on a rental basis. This is expected to lead to increased adoption of skid-steer loaders.
According to the report, one of the major factors driving the growth of the market is the increased investment in infrastructure projects across the globe. Rapid urbanization worldwide demands high investment in developing infrastructure including highways, railways, roads, and ports, which will lead to increased demand for skid-steer loaders during the forecast period.
Further, the report states that changing customer needs is one of the major challenges.
Key vendors
- Bobcat
- Case Construction
- Caterpillar
- Komatsu
- Terex
Other prominent vendors
- LiuGong Machinery
- Lonking
- JCB
- Liebherr
- Doosan Infracore
- Hitachi
- Hyundai
- Deere and Company
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: 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: Appendix
For more information visit http://www.researchandmarkets.com/research/sczgn6/global_skid_steer
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SOURCE Research and Markets
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