DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fgxwhx/skidsteer_loader) has announced the addition of the "Skid-steer Loader Market in APAC 2015-2019" report to their offering.
The skid-steer loader market in APAC to grow at a CAGR of 13% over the period 2014-2019.
The report, Skid-steer Loader Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The market shows potential for growth during the forecast period because of the presence of several positive trends. One such trend is the growth of the equipment rental business. The high costs of construction equipment make it necessary for vendors to provide them on a rental basis, as a cost-effective solution for customers
According to the report, Earthmoving equipment is used in executing projects in the infrastructure sector including transportation, energy, residential, and commercial projects. Advances in technology have helped to increase the efficiency of earthmoving equipment, leading to accurate and cost-effective methods for the construction of complex high-quality infrastructure.
Further, the report states that rise in the prices of raw materials such as stainless steel, hardened steel, cast iron, aluminum, brass, bronze, and other metal alloys required to manufacture different components of skid-steer loader equipment has led to an increase in the production costs.
- Case Constructions
Other Prominent Vendors
- Hitachi Construction Machinery
For more information visit http://www.researchandmarkets.com/research/fgxwhx/skidsteer_loader