Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. North America is the leading region across the world in terms of market share owing to the rising construction sector and presence of leading market players. The key regions considered for the global Crawler Dozers Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. However, high cost associated with crawler dozers impede the growth of the market over the forecast period of 2022-2028. Also, growing investment towards infrastructure development in emerging markets and rising technological advancements in construction sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. This new dozer features Cat C18 engine, which offers a range of exhaust aftertreatment solutions available, including configurations to meet US EPA Tier 4 Final/EU Stage V regulations and configurations equivalent to US EPA Tier 2 and Tier 3. Moreover, in September 2020, Caterpillar launched new D9 crawler dozer. The D475A-8crawler dozer offers an operating weight of 112.600 kg. For instance, in June 2020, Komatsu Europe unveiled new the 112 tonnes D475A-8 crawler dozer. For instance, as per Oxford Economics estimates – in 2020, global construction output was estimated at USD 10.7 trillion, and the output is projected to grow by 42% or USD 4.5 trillion between 20 to reach USD 15.2 trillion by 2030.įurthermore, leading market players are coming up with innovative products to leverage the growing adoption of Crawler Dozers. The rising construction sector globally and increasing end use applications of crawler dozers as well as recent product launches from leading market players are factors that are accelerating the global market demand. The Crawler Dozers also called a crawler refers to a large, motorized machine equipped with a metal blade to the front for pushing material: soil, sand, snow, rubble, or rock during construction work. What are Crawler Dozers and their primary function? Global Crawler Dozers Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2028. Request to Download Free Sample Copy of ‘Crawler Dozers Market’ Report – What is the value of the Global Crawler Dozers Market?
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