Earthmoving Equipment Market 2017 Outlook to Caterpillar, Komatsu Ltd., AB Volvo and Others
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  • Earthmoving Equipment Market 2017 Outlook to Caterpillar, Komatsu Ltd., AB Volvo and Others

    (Transportation-News.com, December 11, 2017 ) Heavy equipment primarily designed to carry construction activities mostly involving earthwork operations are known as earthmoving equipment. These equipment are used to transport or move large amount of construction materials or landscape areas. Some of the major application areas includes construction activity, mining, digging, and irrigation systems. Based on the type of operation, these equipment are divided across several major categories namely material handler, loader, scraper, grader, excavator, compactors, paving equipment, and others. In comparison to other light machines, these vehicles are designed with mechanical advantage to increase the applied force and uses hydraulic systems as a primary source of power.

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    Increasing investment in rural and urban infrastructures such as building of malls, development in airport infrastructure, construction of residential areas and irrigation systems will drive the growth of the market. Asia Pacific is expected to represent fastest growing region in global earthmoving equipment market primarily due to presence of growing economies like India and China. Rapid infrastructural development across residential, commercial, and industrial sector in these regions is expected to contribute to the high growth rate in the region. However, with ban on mining activities across several regions, financers are reluctant to fund the equipment. This may inhibit the growth of the market. To mitigate this, companies are launching products low on initial investments targeting entry level customers in order to ensure better and large customer base in the future.

    Global Earthmoving Equipment Market Players:

    1. Caterpillar

    2. Komatsu Ltd.

    3. AB Volvo

    4. Hitachi Construction Machinery Co., Ltd.

    5. Liebherr Group

    6. Doosan Infracore

    7. Terex Corporation

    8. Deere & Company

    9. XCMG Group

    10. SANY GROUP

    Complete Report is Available at http://www.reportsweb.com/earthmoving-equipment-market

    Key questions answered in this report

    - What will the market size be in 2025 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?

    Objectives of Earthmoving Equipment Market Report are as follows:

    • To provide overview of the global Earthmoving Equipment market
    • To analyze and forecast the global Earthmoving Equipment market on the basis of components, application, size and technology 
    • To provide market size and forecast till 2025 for overall Earthmoving Equipment market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
    • To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
    • To provide exhaustive PEST analysis for all five regions
    • To profiles key Earthmoving Equipment players influencing the market along with their SWOT analysis and market strategies

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