London, 09 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the skid-steer loader market in North America 2015-2019, which is expected to grow at a CAGR of 12.98% during the forecast period of 2014-2019.
“Construction companies in North America are now focused on the sustainable development of projects to receive energy-efficiency certificates,” says Faisal Ghaus, Vice President of Technavio.
“These certifications require the construction companies to reduce emissions and pollution throughout the project lifecycle. Hence, manufacturers in North America are focused on the development of energy-efficient and technologically advanced skid-steer loaders.
Key Market Drivers
- Growth of Earthmoving Equipment Market
- Versatility of Skid-steer Loaders
- Increased Investment in Infrastructure Development
Key Market Trends
- Growth of Equipment Rental Business
- Increased Demand for Energy-efficient Skid-steer Loaders
- Increase in Equipment Purchase Incentives
Key Market Vendors
- Bobcat Co.
- Case CE
- Caterpillar Inc.
- Deere & Co.
- Komatsu Ltd.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
