DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5l3fnf/bulldozer_market) has announced the addition of the "Bulldozer Market in France 2015-2019" report to their offering.
This report covers the present scenario and the growth prospects of the bulldozer market in France for the period 2015-2019. The market size has been calculated based on the total revenue generated from the sale of bulldozers in France. It does not consider the sale of used equipment and revenue generated from contracts and maintenance.
The report also presents a detailed analysis of the four key vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends.
The demand for bulldozers is increasing at a moderate pace in France. The market is driven by an increase in construction activities, particularly after a slowdown in 2013 and 2014 owing to a weak macro-economic environment. The French government is focusing on the development of transport infrastructure. Apart from this, it is also looking to reduce its nuclear energy consumption by 50% by 2050 with a focus on the development of renewable energy infrastructure. Therefore, with this increased investment in the construction sector, the demand for bulldozers is expected to rise.
One major trend upcoming in the market is the availability of financing options and after-sales services, which increases their sales as ownership of earthmoving equipment involves high initial investment.
According to the report, one driver that promotes growth in this market is the growing need for replacing old construction equipment with new fuel-efficient models. Repair of old equipment is not cost efficient as many of them do not function properly even after regular servicing, thereby affecting the productivity.
Further, the report states that the acute shortage of labor is a major challenge faced by this market. Shortage of labor stems from the high tax burden on labor income in the country, which has resulted in an exodus of laborers to neighboring countries.
Key Vendors
- Caterpillar
- JCB
- Komatsu
- Volvo Construction Equipment
Other Prominent Vendors
- Hitachi Construction Machinery
- Liebherr Group
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Economic Overview: France
- Construction Market in France: Overview
- Earthmoving Equipment Market in France
- Bulldozer Market Overview
- Market Landscape
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/5l3fnf/bulldozer_market