Earthmoving Equipment Market in UK to grow at a CAGR of 6.31% during Forecast 2015-2019

Albany, NY, Nov 21: Earthmoving equipment refers to heavy equipment used in the construction industry to dig foundations of buildings, move large amounts of earth, and landscape areas. Earthmoving equipment includes construction tractors, loaders, and excavators. The earthmoving equipment market is one of the major segments of the construction equipment market. An increase in investment in infrastructure activities has been driving the growth of the earthmoving equipment market in the UK. The development of the construction market in the country has boosted demand for residential and commercial properties, which in turn has necessitated the requirement for earthmoving equipment.

The earthmoving equipment market in the UK to grow at a CAGR of 6.31% during 2014-2019. The report includes the present scenario and the growth prospects of the earthmoving equipment market in the UK for 2015-2019. The market is divided into the following segments:
- Construction tractors: bulldozers and wheeled tractors
- Excavators: crawler/wheeled excavators and mini excavators
- Loaders: backhoe loaders, backhoe loaders, and skid-steer loaders

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Technavio's report, Earthmoving Equipment Market in the UK 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
- Caterpillar
- Hydrema Group
- Liebherr Group
- Volvo Construction Equipment

Other prominent vendors
- Bobcat
- Deere
- Gehl
- Hitachi Construction Machinery
- JCB

Key market driver
- Increased investment in infrastructure
- For a full, detailed list, view our report

Key market challenge
- Growing customer needs
- For a full, detailed list, view our report

Key market trend
- Growth of equipment rental business
- For a full, detailed list, view our report

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Key Questions Answered in this Report
- What will the market size be in 2019 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?

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This release was published on openPR.