About Mining Dozers
Mining Dozer is also known as Bulldozers in major parts of the world. It is a crawler-mounted tractor equipped with blades that helps in construction sites for different purposes. The main purpose that enables the market for dozers is the mining industry. The rising need for mining in many countries has made the market players manufacture different kinds of innovative blades for various kinds of landfills. Such as Shantui, a multinational construction equipment manufacturer based in Shandong, China is the largest producer, owing to the new innovative techniques in the market. In addition to that the Indian Government’s Union Budget 2018-2019, has allocated funds of USD 92.22 billion for the infrastructure sector which in turn demands these dozers in present and forecasted Year.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.6% |
The Market of Mining Dozers is witnessing huge demand for conducting agricultural field work with less manual involvement. Thus, the demand for the micro tillage machine has been raised. The market is highly fragmented with the presence of several market players. Owing to market profitability, new entrants are gaining attention with their innovative product offerings which is turn increasing competitive rivalry. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Mining Dozers market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shantui (China), Caterpillar (United States), Komatsu (Japan), thyssenkrupp AG (Germany), Atlas Copco (Sweden), Larsen & Toubro (India), Liebherr (Switzerland), Sandvik AB (Sweden), John Deere (United States), Hitachi Construction Machinery (Japan) and JCB (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Epiroc (Sweden), SRC Holdings Corporation (United States) and Swanson Industries (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mining Dozers market by Type (Crawler Mining Dozer and Tire Mining Dozer), Application (Quarry, Coal mine and Others) and Region.
On the basis of geography, the market of Mining Dozers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Flywheel Power, the sub-segment i.e. 75-125 hp will boost the Mining Dozers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mining Type, the sub-segment i.e. Surface Mining will boost the Mining Dozers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating Weight, the sub-segment i.e. Under 20,000 lb will boost the Mining Dozers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Renting of Construction Equipment is Considered as one of the Trends Being Witnessed in the Mining Dozer Industry and Adoption of Compact Designing of these Dozers by OEMs so that they can be Capable of Operating in Uneven and Small Terrains
Market Growth Drivers:
Increased mining activities globally are expected to be a major factor that grows the market demand. For example, China with (399.7 tonnes) has been the top-producing nation, accounting for 12 percent of global mine production in the world, thus enhancing the demand for these dozers.
Challenges:
Need for Highly Skilled Workforce
Restraints:
High Cost With These Dozers
Opportunities:
Increased Capital Spending in the Mining Sector by Several Players in the Industry to Meet the Growing Demand for Raw Materials from the Manufacturing Industry and Rising Demand for Mineral and Metal-Based Commodities is Expected to Cumulate the Market Demand
Market Leaders and their expansionary development strategies
In September 27, 2023 Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, signed agreements today with Caterpillar Inc. (NYSE: CAT) to collaborate on solutions to support the full circular battery value chain and sustainable mining operations. The collaboration aims to support Albemarle’s efforts to establish Kings Mountain, N.C. as the first-ever zero-emissions lithium mine site in North America. These efforts include utilization of next-generation, battery-powered mining equipment. Caterpillar and Albemarle signed an agreement making Albemarle’s
On 5th January 2021, Komatsu equips D375A-8 mining dozer with intelligent Machine Control. The company releases its first mining dozer to incorporate its fully-integrated intelligent Machine Control (iMC) system, which helps in delivering proven productivity, efficiency, and cost-saving benefits, according to the company.
Key Target Audience
Mining Dozers Manufacture, Mining Dozers Distributors, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.