MRO Magazine

Research and Markets: Earthmoving Equipment Market in Mexico 2015-2019 With Caterpillar, JCB, Sany, Group, Volvo Dominating


July 30, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/3zjxhb/earthmoving) has announced the addition of the “Earthmoving Equipment Market in Mexico 2015-2019” report to their offering.

The analysts forecast the earthmoving equipment market in Mexico to grow at a CAGR of 7.7% over the period 2014-2019.

This report covers the present scenario and the growth prospects of the earthmoving equipment market in Mexico for the period 2015-2019. It includes historical sales of earthmoving equipment in the construction equipment market in Mexico. In this report, the market size is determined by the consumption value of earthmoving equipment.

Construction companies, especially SMEs, face budget constraints, which may prevent them from owning earthmoving equipment. To accommodate this and to meet the growing demand for earthmoving equipment in Mexico, many leading vendors, such as Caterpillar and Volvo Construction Equipment, are offering earthmoving equipment on rental basis to their customers. This allows construction companies to use high-cost earthmoving equipment without major monetary investments, and it also contributes to the profits of earthmoving equipment manufacturers. Auxiliary services, such as specialist consultation and proactive maintenance, are offered to customers renting the equipment.

According to the report, the operating costs of earthmoving equipment begin to rise over time as the equipment is used due to the costs associated with repair, maintenance, and replacement of parts. Advances in technology have resulted in energy-efficient, high-performance, and low-emission equipment. Excavators and bulldozers using outdated technology are now failing to meet the emission and performance standards set by the government of Mexico.

Key Vendors

  • Caterpillar
  • JCB
  • Sany Group
  • Volvo

Other Prominent Vendors

  • Liebherr Group
  • Sumitomo Construction Machinery

Key Topics Covered:

1. Executive Summary

2. List of Abbreviations

3. Scope of the Report

4. Market Research Methodology

5. Introduction

6. Industry Overview

7. Country Overview: Mexico

8. Market Landscape

9. Market Segmentation by Type

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Market Summary

For more information visit http://www.researchandmarkets.com/research/3zjxhb/earthmoving

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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