NEW YORK, Nov. 11, 2015 /PRNewswire/ --
About construction tractor
Construction tractor is used on the construction site for lifting and loading materials such as asphalt, dirt, snow, logs, raw materials, debris, rocks, and sand. It is classified into two types: bulldozer tractors and wheeled tractors. Bulldozer tractors, also referred to as crawler dozer or track dozers, are mainly used to push rock, debris, demolish buildings, remove trees, and clear ground. Wheeled tractors are used on the construction site for lifting and loading materials and these tractors can be easily converted to loaders with attachments such as dozer blades, buckets, and rippers.
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.
Technavio's analysts forecast the global construction tractor market to grow at a CAGR of 6.78% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the global construction tractor market for the period 2015-2019.
Technavio's report, 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.
Key regions
- Americas
- APAC
- EMEA
Key vendors
- Caterpillar
- Deere
- Hitachi Construction Machinery
- Komatsu
- Volvo Construction
Other prominent vendors
- BEML
- Case Construction
- Doosan Infracore
- Hyundai Heavy Industries
- JCB
- Kawasaki Construction Machinery
- Liebherr
- LiuGong Machinery
- Rockland
- Shandong Heavy Industry Group
- Shantui Construction Machinery
- YTO Group
- Zoomlion
Market driver
- Increase in real estate development
- For a full, detailed list, view our report
Market challenge
- Changing customer needs
- For a full, detailed list, view our report
Market trend
- Growth of equipment rental business
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p03376001-summary/view-report.html
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