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The global bulldozer market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A bulldozer refers to an off-road earthmoving machine that is commonly used for road building, farming, construction and wrecking applications. It is a large heavy-duty tractor that consists of hydraulic arms to lift the bulldozer above the ground, a blade attached at the front end for moving debris and tracks to support the weight of the machine. It is also equipped with a torque divider to convert and use power from the engine for enhanced dragging capabilities. Various types of blades can be attached to these bulldozers, including universal and semi-universal blades for pushing, hauling and scooping materials, sigma-4 blades and straight blades for leveling the ground and hybrid angular blades.
Significant growth in the construction industry, along with rapid industrialization across the globe, is one of the key factors driving the growth of the market. In line with this, infrastructural development, especially in the developing nations, has led to the widespread adoption of bulldozers for constructing buildings, roads, railways and airports. Furthermore, the increasing utilization of energy-efficient and low-carbon emission equipment, driven by rising environmental consciousness, is acting as another major growth-inducing factor. Bulldozer manufacturers are also developing compact variants that can operate on uneven terrains and limited space, thereby providing a boost to the market growth. Additionally, extensive product utilization for seeding, forage harvesting and earthmoving in the agriculture industry is also creating a positive impact on the market growth. Other factors, including the growing preference for automation in place of manual labor, along with the development of technologically advanced variants and innovative blades, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bulldozer market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, product type, operating weight, horsepower, flywheel power, blade type, engine capacity and end-use industry.
Breakup by Type:
Breakup by Product Type:
Breakup by Operating Weight:
Breakup by Horsepower:
Breakup by Flywheel Power:
Breakup by Blade Type:
Breakup by Engine Capacity:
Breakup by End-Use Industry:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being BEML Limited, Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, DEUTZ AG, Doosan Infracore Co. Ltd., Hitachi Construction Machinery Co. Ltd., J. C. Bamford Excavators Ltd., Komatsu Ltd., Kubota Corporation, Liebherr Maschines Bulle AG, Liugong Machinery Co. Ltd., Shantui Construction Machinery (Shantui Heavy Industry Machinery Co.), Volvo Construction Equipment AB and Zoomlion Heavy Industry, etc.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Product Type, Operating Weight, Horsepower, Flywheel Power, Blade Type, Engine Capacity, End-Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||BEML Limited, Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, DEUTZ AG, Doosan Infracore Co. Ltd., Hitachi Construction Machinery Co. Ltd., J. C. Bamford Excavators Ltd., Komatsu Ltd., Kubota Corporation, Liebherr Maschines Bulle AG, Liugong Machinery Co. Ltd., Shantui Construction Machinery (Shantui Heavy Industry Machinery Co.), Volvo Construction Equipment AB and Zoomlion Heavy Industry|
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Key Questions Answered in This Report:
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