TechNavio today launched its report, Global Earthmoving Equipment Market 2011-2015, based on an in-depth analysis covering the APAC regions, North America, Europe and the Rest of the World. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”One of the main trends is the increasing demand for rental earthmoving equipment. The total revenue from rental construction equipment is expected to increase further in the future, leading to the growth of the Global Earthmoving Equipment market. Thus, the future of the Global Earthmoving Equipment market looks promising with many innovative products and solutions being introduced by the vendors.”
According to the report, one of the major drivers is the growing Global Infrastructure market. The increase in infrastructure development around the world has led to increasing demand for earthmoving equipment, leading to the growth of the Global Earthmoving Equipment market.
Further, the report reveals that the increase in the total cost of ownership is a challenge faced by the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-earthmoving-equipment-market-201…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research Report – Global Earthmoving Equipment Market 2011-2015
