Report forecast the Earthmoving Equipment market in
the UAE to grow at a CAGR of 7.99 percent over the period 2014-2019.
Earthmoving equipment is used for moving large
amounts of earth, digging, laying foundations, and landscaping. Broadly,
earthmoving equipment are classified into three segments: Construction
Tractors, Loaders, and Excavators. The Earthmoving Equipment market is one of
the major segments of the Construction Equipment market worldwide.
This report covers the present scenario and the
growth prospects of the Earthmoving Equipment market in the UAE for the period
2015-2019. To calculate the market size, the report considers the consumption
value of earthmoving equipment in the UAE in total, and segmented consumption
value on the basis of three major types of earthmoving equipment. The report
also provides a forecast of the market based on the analysis of the present
condition of the market and the predicted CAGR.
According to the report, upcoming Dubai World Expo
2020 is one of the major factors propelling market growth. The number of
tourists traveling to the UAE is expected to increase because of the upcoming
mega event, which increases the demand for infrastructure.
Further, the report states that high prices of raw
materials are one of the key challenges that the market faces. Manufacturing
earthmoving equipment requires high initial investment and increase in prices
of raw materials increases the manufacturing cost of equipment.
The report presents the key vendors and a detailed
analysis of the key vendors present in the market. In addition, it discusses
the major drivers that influence growth, the challenges faced by vendors and
the market at large, as well as the key trends emerging in the market.
key players in the Earthmoving Equipment Market in
the UAE: Caterpillar Inc., J.C. Bamford Excavators Ltd. (JCB), Komatsu Ltd. and
Volvo AB
Other Prominent Vendors in the market are: Hitachi
Construction Machinery and Liebherr Group.
Market Driver
- Upcoming Mega Event
- For a full, detailed list, view our report
Market Challenge
- High Prices of Raw Materials
- For a full, detailed list, view our report
Market Trend
- Growth of Equipment Rental and Leasing 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?
Spanning over 92 pages and 46 Exhibits
“Earthmoving
Equipment Market in the UAE 2015-2019” report covers Executive Summary, List of
Abbreviations, Scope of the Report, Market Research Methodology,
Introduction, Industry 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
further information on this report, please visit- http://mrr.cm/4xM
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