DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dvgm79/earthmoving) has announced the addition of the "Earthmoving Equipment Market in North America 2014-2018" report to their offering.
The Earthmoving Equipment market in North America will grow at a CAGR of 8.89 percent over the period 2013-2018.
The need to revamp existing infrastructure is a major driver because of requirements to reconstruct old infrastructure considering the probability of natural calamities that occur in North America.
Many organizations across the industry prefer the latest earthmoving equipment technology to improve their productivity, but some SMEs find this difficult to buy because of high cost. To curb this, vendors are offering earthmoving equipment such as excavators, wheel loaders, and bulldozers on a rental basis. This allows cost-driven organizations to opt for the latest earthmoving equipment at minimal cost, thereby improving their operational productivity. Thus, the option of renting encourages customers to use a wide range of earthmoving equipment.
Further, the report states that one of the major challenges is the high cost of earthmoving equipment because these are capital goods and with the emergence of new and innovative technology, the prices are rising significantly.
Key Vendors
- AB Volvo
- Caterpillar Inc.
- JC Bamford Excavator Ltd.
- Komatsu Ltd.
Other Prominent Vendors
- Doosan Infracore Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- Hyundai Heavy Industries Co. Ltd.
- Liebherr Group
- Liugong Machinery Co.
- Mitsubishi Heavy Industries Ltd.
- Sany Group Co. Ltd.
- Terex Corp.
- Zoomlion Heavy Industry Science & Technology Co.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Product
- Geographical Segmentation
- 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
For more information visit http://www.researchandmarkets.com/research/dvgm79/earthmoving
