Earthmoving Equipment in Qatar 2015-2019

Earthmoving Equipment in Qatar 2015-2019

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USA – CANADA – UK – CHINA – INDIA


The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Key Trends

Technavio’s Senior Analyst says, “The market is shifting from renting to owning earthmoving equipment. With the rise in number of long-term infrastructure projects in the country, construction companies prefer to own heavy earthmoving equipment rather than rent it. In addition, there is a growing demand for energy-efficient equipment. These factors are expected to propel market growth during the forecast period.”

• Earthmoving equipment refers to heavy equipment used in the construction industry to move large amounts of earth, dig foundations, and landscape. Earthmoving equipment include excavators, loaders, and construction tractors. The earthmoving equipment industry is one of the major segments of the overall construction equipment industry.

• Technavio's analysts forecast the earthmoving equipment market in Qatar to grow at a CAGR of 10.77% over the period 2015-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:



http://www.technavio.com/report/earthmoving-equipment-in-qatar-2015-2019?utm_source=Slideshare&utm_medium=PPT&utm_content=T1&utm_campaign=Report



Vendors

To understand the vendor landscape and

for a full list of vendors view our report:


Caterpillar

Hitachi Construction Machinery

Komatsu

Initially known as Caterpillar Tractor, it was renamed as Caterpillar Inc. in 1986. The company was founded in California, US. It is headquartered in Peoria, Illinois, US. It is the global leading manufacturer of heavy construction and mining equipment, industrial gas turbines, and diesel-electric locomotives.

Hitachi Construction Machinery was incorporated in 1970 and is headquartered in Bunkyo-Ku, Tokyo, Japan. The company operates as a subsidiary of Hitachi. Hitachi Construction Machinery engages in the design, manufacturing, sale, and service of construction equipment, transportation equipment, and other machines and services.

Komatsu was incorporated in 1921 and is headquartered in Tokyo, Japan. Komatsu engages in the design, manufacture and sale of a wide range of industrial products and services. The company focuses on providing safe and innovative products to fulfill customers' expectations.




Market Landscape

• For successful delivery of the FIFA World Cup 2022, the government of Qatar has planned to construct 10 new stadiums in the country, as well as supporting infrastructure.

• The FIFA World Cup will attract a large number of tourists to the country.

• To accommodate the large tourist population and to establish Qatar as a favorable tourist destination, the government has planned to expand and upgrade its existing infrastructure.

• Construction of hotels, recreational centers, a state-of-the-art public transportation system, roads, railways, airports, and ports is in full swing in the country.

• Some of the key projects in the country are the Doha Metro project, the Hamad International Airport project, and the New Doha Port project.

• Additionally, the government has launched a long-term development plan called QNV 2030, which focuses on the overall development of the economy, society, and the environment.


Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameters Details

After-Sales Support

Vendors should be able to provide round-the-clock services with minimal turnaround time.

FinancingThe availability of financial support for the purchase of earthmoving equipment is an important factor in determining purchasing behavior.

Quality

Earthmoving equipment should be of optimum strength and quality.

Safety Features Machines should be equipped with safety features to prevent accidents at construction sites.

Technology The equipment should have advanced technologies such as GPS and real-time monitoring systems.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Earthmoving Equipment in Qatar 2015-2019