Report Code: A08910 | Pages: NA | Apr 2023 | 2545 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Construction Tractors Market
Request Now !Infrastructural development plays a major role in development of countries and emerging economies. The rapid growth of emerging markets worldwide is creating unprecedented demand for construction machineries. Construction tractor is a powerful motor vehicle used for transporting equipment, raw materials, or debris at construction sites with the help of trailer. Additionally, tractors are used to push or pull loads or even used to mount various types of accessories like shovels or dozers. Construction tractors can be further divided into 2 sub-types viz. crawler tractor and wheel tractor. Tractors can be used in construction of roads and pavements. Manufacturers are heavily focusing on customization of construction tractors market according to the consumer demand.
COVID-19 scenario analysis:Â
The increased expenditure by the government on developing infrastructure is a major factor driving the market growth. The rapid emergence of renting or leasing construction tractors has increased in recent years. Additionally, mining and energy projects has further expanded the market. Besides, construction tractor offers operational efficiency. However, due to high cost associated with construction tractor, construction workers are finding an alternative in rented tractor which is hampering the market growth. Â Advancement in technology is anticipated to provide growth opportunities to the market.
The global construction tractors market trends are as follows:
With increasing amount of pollution that is generated by construction tractors, the need to opt for environment-friendly and fuel-efficient machines has become focusing areas for manufacturers. Manufacturers like Solectrac and John-Deere have already unveiled their e-tractor models. The compact electric tractor from Solectrac offers 30 HP diesel-equivalent power and has battery life of 3-6 hours.Â
Autonomous tractors have revolutionized the automotive industries. Manufacturers have been focusing on driver-less and efficient tractors since years. Autonomous tractor won’t need the skill level required before for its operation. John Deere recently unveiled their latest autonomous tractor at Agritechnica exhibition.
Key benefits of the report:
Questions answered in the global construction tractors market research report:
Construction Tractors Market Report Highlights
Aspects | Details |
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By Region |
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By Type |
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By Application |
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By Drive type |
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By System type |
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By Power output |
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By Design type |
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Key Market Players | Caterpillar, John Deere, Mahindra, Hitachi Construction Machinery, Komatsu, Volvo Construction, BEML, Case Construction, Doosan Infracore, Hyundai Heavy Industries, JCB, Kawasaki Construction Machinery, Liebherr, LiuGong Machinery, Rockland, Shandong Heavy Industry Group, Shantui Construction Machinery, YTO Group, Zoomlion. |
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