The analysts forecast global wheeled tractor market to grow at a CAGR of 6.42% over the period 2014-2019.
Wheeled tractors are used on the construction site for lifting and loading materials such as asphalt, dirt, snow, logs, raw materials, debris, rocks, and sand. These tractors can be easily converted to loaders with attachments such as dozer blades, buckets, and rippers.
One of the major drivers propelling market growth is the increased investment in infrastructure projects. Rapid urbanization demands for high investment for developing infrastructure such as railroads, highways, and ports, which leads to the increased demand for wheeled tractors.
The report includes the present scenario and the growth prospects of the global wheeled tractor market for the period 2015-2019.
The report, Global Wheeled Tractor Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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- Hitachi Construction Machinery
- Volvo Construction
Other prominent vendors
- Case Construction
- Doosan Infracore
- Hyundai Heavy Industries
- Kawasaki Construction Machinery
- LiuGong Machinery
- Shantui Construction Machinery
- YTO Group
- Increase in real estate development
- Changing customer needs
- Growth of equipment rental business
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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