Universal Dozer Market:
Executive Summary
Heavy bulldozers are also used in levelling the terrain. Dozers also have a claw, known as ripper, at the rear end which is used to loosen up densely compacted material. One of the major contributing factors to the growth of the universal dozer market is the growth of the construction industry. Governments of various countries across the global are focusing on introducing and implementing initiatives to develop better infrastructure such as roads, railways, and airports to enhance economic development. Since bulldozers are a vital part of the construction industry, it is considered to support growth of the universal dozer market over the forecast period.
A dozer, commonly referred to as a bulldozer, is a crawler which is equipped with a weighty metal plate. Some dozers have huge tires instead of continuous tracks. A dozer, with this metal plate, is mainly used in moving sand, soil, debris and other similar materials or ruins. Dozers are widely used at construction sites where they are used to lift debris; at heavy industry factories; at mining sites and quarries; at military bases; and farms. Deforestation, earth moving, ground levelling, and road carving are some of the applications by regular earth moving Bulldozers.
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Mining dozers are a smaller version of the original dozers, along with a few modifications, making it easier for operation in small areas with limited movements. light weight dozers are used to remove the snow in regions where heavy snowfalls is observed, the land gets completely covered by thick layers of ice/snow.
Market Segmentation
The Global Universal Dozer Market is segmented by manufacturer, Type, Application and Region.
The key manufacturers dominating the market include Caterpillar, Hitachi Construction Equipment, Komatsu, Volvo Group, Doosan Group, JCB, Liebherr Group
With respect to Type, the market is split into Less than 5 Cubic, 5L to 10 Cubic and More than 10 Cubic
In terms of Application, the market is categorized into Construction, Infrastructure, Mining and Agriculture.
Geographically, the market spans across key regions of North America, Europe, China, Japan, Southeast Asia and India.
Regional Analysis
The report provides a detailed country-wise analysis of the regions the universal dozer market spans across. These include:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Based on an evaluation in 2017, Asia Pacific dominated the market and is expected to continue during the forecast period owing to an increase in demand for infrastructure projects in China, India, and Japan.
Industry news
China, in 2013, announced the ‘one belt one road initiative’ which aimed to connect three regions (Asia, Africa, and Europe). This effectively aided in growth of the construction industry in the country thereby driving the universal dozer market.
The Union Budget 2018-2019, in April 2018, indicated, the Government has allocated US$ 92.22 Billion for the infrastructure sector. Moreover, increasing government investments in infrastructure sector in India is expected to aid in growth of the universal dozer market.
Continuous…
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