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Wednesday 28 October 2015

Analysts forecast the global wheeled tractor market to grow at a CAGR of 6.42% over the period 2014-2019

About wheeled tractor

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.

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Analysts forecast the global wheeled tractor market to grow at a CAGR of 6.42% over the period 2014-2019.

Covered in this report
The report includes the present scenario and the growth prospects of the global wheeled tractor market for the period 2015-2019.

Technavio's 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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Key regions
Americas
APAC
EMEA

Key vendors
Caterpillar
Deere
Hitachi Construction Machinery
Komatsu
Volvo Construction

Other prominent vendors
Case Construction
Doosan Infracore
Hyundai Heavy Industries
JCB
Kawasaki Construction Machinery
Liebherr
LiuGong Machinery
Shantui Construction Machinery
YTO Group

Market driver
Increase in real estate development
For a full, detailed list, view our report

Market challenge
Changing customer needs
For a full, detailed list, view our report

Market trend
Growth of equipment rental business
For a full, detailed list, view our report

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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