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Dozer Market : Future Forecast Indicates Impressive Growth Rate till 2026 | Competition Landscape- Zoomilion, SHANDONG SHANTUI CONSTRUCTION MACHINERY IMP&EXP CO, CNH Industries, Guangxi Liugong Machinery Co., Ltd
Fact.MR
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OEMs focusing on Development of Compact Dozer Capable of Operating in Uneven & Small Terrains
Earthmoving and construction equipment have witnessed a rapid transformation on the basis of technological shifts, from the conventional equipment to advent of enhanced capacity machinery such as dozers. The organized construction industry plays a pivotal role in demand for dozers. Apart from the construction sector, mining, irrigation and several other infrastructure segments such as power plants and railways also contribute to adoption. In addition several developing countries have been making enormous investments on infrastructure development. This along with higher degree of urbanization are anticipated to create opportunities for adoption of various dozers for earthmoving purposes. OEMs are focusing on the design of compact dozers capable of operating in uneven and small terrains, which in turn will attract new customers and pave growth opportunities for the global dozer market.
High initial investment of dozers continues to be major challenge, along with their noisy operations making them unsuitable for use around residential areas. With regard to this, construction industries are moving toward less noisier alternatives, which can impact demand for dozers. During the forecast period (2017-2026), the global market for dozer is projected to register a moderate expansion according to a new report developed by Fact.MR. Global sales of dozer are estimated to cross 34,500 Mn units, to exceed revenues worth US$ 2,700 Mn by 2026-end.
5 Key Projections on Future of Dozer Market for Forecast Period 2017-2026
The dozer market in Asia-Pacific excluding Japan (APEJ) will continue to observe high gains owing to heavy investments in the urban as well as rural infrastructure development including residential areas, IT parks, roads and ports. APEJ will continue to lead the global dozer market, in terms of revenues as well as volume sales. The market in North America will trail APEJ, with sales estimated to surpass 6,000 Mn units by 2026-end. Europe will also remain a lucrative region for the market expansion. In addition, Latin America, Middle East & Africa (MEA), and Japan will continue to be relatively less lucrative markets for dozer.
Dozers with an operating weight of 20,000-60,000 lb are anticipated to remain dominant in the market, in terms of revenues. More than 16,000 dozers with this operating weight are expected to sold across the globe by 2026-end, Dozers with an operating weight of 60,000-150,000 are expected to account for the second largest revenue share of the market by 2026-end. Dozers with operating weights under 20,000 lb and over 150,000 lb are projected to account for the lowest market revenue shares during the forecast period.
Dozers with flywheel power of more than 250 hp are expected to remain the leading revenue contributor to the market, followed by those with flywheel power of 125-250 hp. Revenues from dozers with flywheel power of 75-125 hp are expected to remain significantly lower than those from more than 250 hp and 125-250 hp.
Construction will continue to be the largest end-use vertical of dozers, with a market revenue share relatively higher than those of mining and forestry & agriculture combined.
Key market players identified by the report include Caterpillar, Deere & Company, Liebherr, Komatsu, Bell Equipment Co SA, Guangxi Liugong Machinery Co., Ltd., CNH Industries, SHANDONG SHANTUI CONSTRUCTION MACHINERY IMP&EXP CO, and Zoomilion.
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APEJ to Remain Most Remunerative Market for Dozer
Increasing urbanization in developing countries of Asia-Pacific excluding Japan (APEJ) such as China and India will fuel the market growth in this region. Large infrastructural investments are being made across a wide range of sectors in the region, such as education, healthcare, utilities, energy and transportation, which in turn are anticipated to boost adoption of dozer in the near future. APEJ will continue to be the most remunerative market for dozer, followed by North America and Europe. Combined revenues from the markets in North America and Europe are expected to remain relatively lower than those from the market in APEJ by 2026-end.
With robust growth in construction activities associated with transit, residential & commercial buildings, and infrastructure development, demand for dozers will witness a surge in the near future, Construction is anticipated to remain the most lucrative end-use vertical in the global dozer market during the forecast period. Mining will also remain a somewhat lucrative end-use vertical of dozer, as it involves operations such as mineral processing, screening & pulverizing and crushing.
Table of Content:
Global Economic Outlook
Global Dozer Market - Executive Summary
Global Dozer Market Overview
3.1. Introduction
3.1.1. Global Dozer Market Taxonomy
3.1.2. Global Dozer Market Definition
3.2. Global Dozer Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Dozer Market Y-o-Y Growth
3.3. Global Dozer Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. PESTLE Analysis
3.8. Porters Five Force Analysis
3.9. Key Participants Market Presence (Intensity Map) By Region
Global Dozer Market Analysis and Forecast 2012-2026
4.1. Global Dozer Market Size and Forecast By Operating Weight, 2012-2026
4.1.1. Under 20,000 lb Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. 20,000–60,000 lb Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. 60,000–150,000 lb Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Over 150,000 lb Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) & Volume Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.2. Global Dozer Market Size and Forecast By Flywheel Power, 2012-2026
4.2.1. 75-125 hp Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
Continued……………..
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