Fact.MR, in its newly published market research report, reveals that worldwide demand for crawler dozers stands at a market value of US$ 14.78 billion in 2022. The Crawler Dozers Market is projected to expand at a CAGR of 5.7% through 2033. Significant expansion of the mining, forestry, and construction industries is leading to high demand for crawler dozers across the world.
Crawler dozers are being used at an increased rate to move heavy objects from one to another place. In addition, increasing requirements for smart machine technologies are propelling the demand for crawler dozers. These smart machines can increase operational efficiency and improve work quality.
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Key Companies Profiled in This Report
- Deere & Company
- Liebherr-International Deutschland GmbH
- Caterpillar
- LiuGong Dressta Machinery
- Komatsu Ltd.
- Shantui Construction Machinery Co., Ltd.
- Xuanhua Construction Machinery Co., Ltd.
- CNH Industrial N.V.
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