Dozer Market | Trends,Size, Growth, Share, COVID-19 Impact ...

 

Dozer

A Dozer, also known as bulldozer, is a crawler which is equipped with a weighty metal plate that is mainly used in moving soil, sand, debris or other such materials or ruins. Some dozers also have huge tires instead of continuous tracks.These equipment are widely used at construction sites where they are used to lift debris; at heavy industry factories; at mining sites and quarries; at military bases; and farms. Deforestation, earth moving, ground levelling, and road carving are some of the applications by regular earth moving Bulldozers.

The growth of the construction industry is a major factor leading to increasing adoption of dozers, thus aiding in growth of the Dozer Market. According to Chartered Institute of Building, by 2030, the construction industry is expected to account for 14.7% of the global GDP. Moreover, by 2030, the global construction market is projected to be valued at US$ 17.5 trillion up from US$ 8 trillion in 2015. Governments of various countries are focusing on various initiatives to develop better infrastructure such as roads, railways, and airports to enhance economic development.

For instance, according to Indian Government’s Union Budget 2018 – 2019, the government has allocated funds of US$ 92.22 billion for the infrastructure sector. Moreover, urbanization led to increasing demand for better facilities, infrastructure, and housing. This is expected to aid in growth of the construction industry. According to United Nation Organization’s analysis, 54.5% of the world population lived in urban cities in 2016 and is projected to reach 60% by 2030. Bulldozers being an essential equipment in the construction industry, this is anticipated aid in growth of the Dozer Market over the forecast period.

Dozers are most commonly used in the construction industry at sites or conversion sites, where digging or moving large quantities of rubble is required. Dozers also have a claw, known as ripper, at the rear which is used to loosen up densely compacted material. Heavy bulldozers are also used in levelling the terrain.

 

 

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