Research and Markets: Qatar Earthmoving Equipment Market 2015-2019 – Large-Scale Developments Planned in Order to Host the FIFA World Cup in 2022
September 10, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/4wxvdk/earthmoving) has announced the addition of the “Earthmoving Equipment Market in Qatar 2015-2019” report to their offering.
The earthmoving equipment market in Qatar to grow at a CAGR of 10.77% over the period 2015-2019.
This report covers the present scenario and the growth prospects of the earthmoving equipment market in Qatar for the period 2015-2019. It also includes the historical sales of earthmoving equipment in the construction equipment market in Qatar. The market size is determined by the consumption value of earthmoving equipment and the growth prospect of the earthmoving equipment market in Qatar is estimated after an analysis of the present condition of the market. In addition, the report discusses the major drivers influencing the growth of the market, and the major challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
The market is shifting from renting to owning earthmoving equipment. With the rise in number of long-term infrastructure projects in the country, construction companies prefer to own heavy earthmoving equipment rather than rent it.
According to the report, Qatar is set to host the FIFA World Cup in 2022. To make it a success, a number of large-scale infrastructure development projects are being planned in the country, resulting in high demand for earthmoving equipment.
Further, the report states that the high prices of raw materials hinder market growth. Manufacturing earthmoving equipment requires a high initial investment, and an increase in raw material prices further increases the manufacturing cost. This affects manufacturers’ profit margins.
Key Vendors
- Caterpillar
- Hitachi Construction Machinery
- Komatsu
- Volvo Construction Equipment
Other Prominent Vendors
- JCB
- Liebherr Group
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Industry Overview
- Country Overview
- Market Landscape
- Market Segmentation by Type
- 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/4wxvdk/earthmoving
View source version on businesswire.com: http://www.businesswire.com/news/home/20150910006724/en/
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