Research and Markets: Earthmoving Equipment Market in Mexico 2015-2019 With Caterpillar, JCB, Sany, Group, Volvo Dominating
July 30 2015 - 10:08AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/3zjxhb/earthmoving) has
announced the addition of the "Earthmoving Equipment Market in
Mexico 2015-2019" report to their offering.
The analysts forecast the earthmoving equipment market in Mexico
to grow at a CAGR of 7.7% over the period 2014-2019.
This report covers the present scenario and the growth prospects
of the earthmoving equipment market in Mexico for the period
2015-2019. It includes historical sales of earthmoving equipment in
the construction equipment market in Mexico. In this report, the
market size is determined by the consumption value of earthmoving
equipment.
Construction companies, especially SMEs, face budget
constraints, which may prevent them from owning earthmoving
equipment. To accommodate this and to meet the growing demand for
earthmoving equipment in Mexico, many leading vendors, such as
Caterpillar and Volvo Construction Equipment, are offering
earthmoving equipment on rental basis to their customers. This
allows construction companies to use high-cost earthmoving
equipment without major monetary investments, and it also
contributes to the profits of earthmoving equipment manufacturers.
Auxiliary services, such as specialist consultation and proactive
maintenance, are offered to customers renting the equipment.
According to the report, the operating costs of earthmoving
equipment begin to rise over time as the equipment is used due to
the costs associated with repair, maintenance, and replacement of
parts. Advances in technology have resulted in energy-efficient,
high-performance, and low-emission equipment. Excavators and
bulldozers using outdated technology are now failing to meet the
emission and performance standards set by the government of
Mexico.
Key Vendors
- Caterpillar
- JCB
- Sany Group
- Volvo
Other Prominent Vendors
- Liebherr Group
- Sumitomo Construction Machinery
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Industry Overview
7. Country Overview: Mexico
8. Market Landscape
9. Market Segmentation by Type
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Market Summary
For more information visit
http://www.researchandmarkets.com/research/3zjxhb/earthmoving
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version on businesswire.com: http://www.businesswire.com/news/home/20150730005982/en/
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