Global Crawler Dozers Market 2018-2022: Increasing Demand for Smart Machine Technology - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 14, 2018--The “Global Crawler Dozers Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The analysts have predicted that the crawler dozers market will register a CAGR of about 7% by 2022.
The growing need for real time monitoring of data such as tire pressure, speed, idling, and fuel is driving the demand for telematics. The maintenance costs can be reduced considerably by monitoring such activities from a remote location. Also, the utilization and security of equipment is improved by the usage of such features. The benefits and shorter payback period on investments of telematics and machine control will drive their adoption. This will boost the growth of crawler dozers market during the forecast period.
Increasing demand for smart machine technology
Smart machine technology help in overcoming the challenge of hitting the right grade levels at jobsites. This technology help operators in lifting the blades at perfect height and thereby preventing track slipping. The sensors used in this technology help in adjusting the blade according to the load applied. The job site accuracy and work quality can be improved by using smart machine technology in crawler dozers. This technology can also turn inexperienced operators into skilled operators within a short period of time. This will create an increasing demand for smart machine technology in crawler dozers and thereby fuel market growth.
Shortage of skilled and qualified operators
Contractors are using modern systems, global positioning systems (GPS), and graders to overcome the challenge of lack of skilled and qualified crawler dozer operators. Poor perception among the youth regarding this profession and inadequacies of the education system are some of the factors contributing to this shortage of skilled operators. Moreover, low wages are preventing the youth from choosing this profession as a career choice. This shortage of skilled and qualified operators will hurt the growth prospects of the crawler dozer market during the forecast period.
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Application
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor AnalysisVendors covered Vendor classification Market positioning of vendors Caterpillar CNH Industrial N.V. Deere & Company China SINOMACH Heavy Industry Komatsu Liebherr
For more information about this report visit https://www.researchandmarkets.com/research/dq8qdm/global_crawler?w=4
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Related Topics:Excavation and Earthmoving Equipment
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 12/14/2018 10:02 AM/DISC: 12/14/2018 10:01 AM