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(Transportation-News.com, October 29, 2015 ) About wheeled tractor
Wheeled tractors are used on the construction site for lifting and loading materials such as asphalt, dirt, snow, logs, raw materials, debris, rocks, and sand. 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 railroads, highways, and ports, which leads to the increased demand for wheeled tractors.
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Analysts forecast the global wheeled tractor market to grow at a CAGR of 6.42% over the period 2014-2019.
Covered in this report The report includes the present scenario and the growth prospects of the global wheeled tractor market for the period 2015-2019.
Technavio's report, Global Wheeled 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 market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Key regions Americas APAC EMEA
Key vendors Caterpillar Deere Hitachi Construction Machinery Komatsu Volvo Construction
Other prominent vendors Case Construction Doosan Infracore Hyundai Heavy Industries JCB Kawasaki Construction Machinery Liebherr LiuGong Machinery Shantui Construction Machinery YTO Group
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?
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