Bulldozer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Bulldozer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

  • Transparency Market Research
  • Ongoing
  • Machines

Report Description

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A bulldozer is a type of off-road vehicle which is equipped with a significant metal plate/blade. It is utilized in construction and conversion work in order to push large quantities of soil, sand, debris, or other such materials. Bulldozers equipped for warfare engineering roles are often tailored with armor in order to protect the driver from debris and others material, which enables bulldozers to be utilized in combat zones. It is a modification in the regular application bulldozer and is known as an armored bulldozer.

Moreover, a rise in automation and usage of machinery to ease the work of humans in various industries such as agriculture, construction, mining, and infrastructure have increased the utilization of bulldozer in these sectors. Increase in demand and production of off-road vehicles is projected to boost the bulldozer market, as it is off-road vehicle, during the forecast period. Construction and mining industries are likely to expand during the forecast period. This is estimated to propel the market for bulldozers. Governments of various countries across the globe are spending more on infrastructure and transportation. This increased investment in transportation and infrastructure is likely to boost the global bulldozer market.

However, the high cost and maintenance expenditure of these vehicles are anticipated to significantly restrain the bulldozer market. Labor shortage is a major issue that is likely to restrain the global bulldozer market. Regulatory bodies are imposing stringent norms, globally, to reduce carbon emissions from automobiles. Bulldozers burn large amounts of fuel and generate more carbon emission, as compared to normal vehicles, as they require a large amount of power to operate.

The bulldozer market can be segmented based on end-use industry, engine capacity, and geography.

Bulldozers are utilized in various sectors such as military, construction, infrastructure, mining, and agriculture. The construction industry segment is likely to hold a major share of the market due to increased scope of utilization of bulldozers for transportation and infrastructure.

Based on engine capacity, the bulldozer market can be classified into less than 5L, 5L to 10L, and more than 10L. Capacity is measured by the volume of the engine bore, wherein the heating of fuel takes place. Heavy-duty vehicles possess higher capacity engines for improved performance.

In terms of geography, the bulldozer market can be segmented into North America, Europe, Asia Pacific, and Rest of the World (ROW). Asia Pacific accounts for a prominent share of the global bulldozer market, owing to the high rate of adoption of bulldozers and the booming automotive sector, leading to an increased production of bulldozers, especially in China and India.

Key players operating in the global bulldozer market include Caterpillar Inc., Cummins Inc., Liebherr Group, Deutz AG, Kubota Corporation, J. C. Bamford Excavators Ltd., Deere and Company, and Volvo Construction.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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