Research and Markets: Global Mining Dozer Market 2015-2018 – Key Regions Include Australia, Canada & South Africa with Caterpillar, Doosan Group, Hitachi Construction Equipment & Komatsu Dominating
April 8, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/rb76zp/global_mining) has announced the addition of the “Global Mining Dozer Market 2014-2018” report to their offering.
The Global Mining Dozer market to grow at a CAGR of 8.5% over the period 2013-2018
Mining dozer is an equipment that helps in the movement of unwanted materials, such as loose earth, soil, and other particles on mining sites. It helps in removing dirt and debris from the site that may create obstruction in the mining process. The buckets attached to dozers provide an aid in digging holes in strategically designated locations. The firm ground hold makes it a useful equipment in marshy, rough, and rugged terrains.
An increase in the renting of construction equipment is one of the key trends being witnessed in this market. It gives the opportunity for SMEs to venture into the industry with minimal risk.
According to the report, increased mining activities worldwide are propelling the growth of the market. The rise in demand for metal and mineral based commodities is increasing the sale of the equipment globally.
Further, the report states that one of the factors hindering market growth is the high initial investment involved. With inflation in the prices of raw materials such as steel and iron, the manufacturing cost of the equipment is increasing, adding a budget constraint for smaller vendors.
Key Regions
- Australia
- Canada
- South Africa
Key Vendors
- Caterpillar
- Doosan Group
- Hitachi Construction Equipment
- Komatsu
Other Prominent Vendors
- Boart Longyear
- Guangxi LiuGong Machinery
- Joy Global Surface Mining
- Kennametal
- Liebherr Group
- Sandvik
- ThyssenKrupp
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
- Market Summary
For more information visit http://www.researchandmarkets.com/research/rb76zp/global_mining
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Sector: Engineering
