Global Crawler Dozers Market Size study, By Horsepower (Less than 300 HP, 300-600 HP, and More than 600 HP) and Application (Construction, Mining, Agriculture, and Others), and Regional Forecasts 2022-2028
Global Crawler Dozers Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.
The Crawler Dozers also called a crawler refers to a large, motorized machine equipped with a metal blade to the front for pushing material: soil, sand, snow, rubble, or rock during construction work. The rising construction sector globally and increasing end use applications of crawler dozers as well as recent product launches from leading market players are factors that are accelerating the global market demand. For instance, as per Oxford Economics estimates – in 2020, global construction output was estimated at USD 10.7 trillion, and the output is projected to grow by 42% or USD 4.5 trillion between 2020 and 2030 to reach USD 15.2 trillion by 2030. Furthermore, leading market players are coming up with innovative products to leverage the growing adoption of Crawler Dozers. For instance, in June 2020, Komatsu Europe unveiled new the 112 tonnes D475A-8 crawler dozer. The D475A-8crawler dozer offers an operating weight of 112.600 kg. Moreover, in September 2020, Caterpillar launched new D9 crawler dozer. This new dozer features Cat C18 engine, which offers a range of exhaust aftertreatment solutions available, including configurations to meet US EPA Tier 4 Final/EU Stage V regulations and configurations equivalent to US EPA Tier 2 and Tier 3. Also, growing investment towards infrastructure development in emerging markets and rising technological advancements in construction sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with crawler dozers impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Crawler Dozers Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising construction sector and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the end-use segments and increasing investment towards infrastructure development would create lucrative growth prospects for the global Crawler Dozers Market across the Asia Pacific region.
Major market players included in this report are:
Caterpillar Inc.
CNH Industrial N.V.
Liebherr Group
Deere & Company
Komatsu Ltd.
China SINOMACH Heavy Industry Corporation
Shantui Construction Machinery Co. Ltd.
Xuanhua Construction Machinery Co. Ltd.
Terex
Zoomilion
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Horsepower
Less than 300 HP
300-600 HP
More than 600 HP)
By Application
Construction
Mining
Agriculture
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Crawler Dozers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Caterpillar Inc.
CNH Industrial N.V.
Liebherr Group
Deere & Company
Komatsu Ltd.
China SINOMACH Heavy Industry Corporation
Shantui Construction Machinery Co. Ltd.
Xuanhua Construction Machinery Co. Ltd.
Terex
Zoomilion
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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