Earthmoving Equipment Market in Turkey 2015-2019

Earthmoving Equipment Market in Turkey 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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Market in Turkey 2015-2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “Increased construction spending in the country is a major driver of the market in Turkey. Huge investment is being made in the non-residential, power and energy infrastructure, and transportation sectors, driving demand for earthmoving equipment in the country. Vision 2023 that aims at addressing the infrastructure needs in the country is another factor contributing to market growth.”

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

• Technavio's analysts forecast the earthmoving equipment market in Turkey to grow at a CAGR of 5.88% over the period 2014-2019.

• 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-market-in-turkey-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:


Cukurova Ziraat

HIDROMEK

Liebherr

Cukurova Ziraat was founded in 1935 and is headquartered in Istanbul, Turkey. The company manufactures and distributes agricultural machinery and other related products. It offers excavators, wheel loaders, backhoe loaders, forklifts and their spare parts.

HIDROMEK was founded in 1978 and is headquartered in Sincan, Ankara, Turkey. The company designs, manufactures, and markets construction equipment such as backhoe loaders, excavators, and motor graders.

Liebherr was founded in 1949 and is headquartered in Biberach an der Riss, Germany. It is one of the largest construction machinery manufacturers. The company also manages holding companies.





Market Landscape

• With the GDP growth projected to be 3.4% in 2015, government spending on infrastructure is expected to increase.

• Major spending is expected to come from the private sector, especially in transportation and power infrastructure construction.

• The market's growth, to a large extent, is reliant on the construction industry. Demand for equipment is growing with the increased construction in the country.

• Currently, many construction projects are being undertaken such as the development of roads and highways, and railway construction.

• In addition, huge investment is being made for the development of the power infrastructure.


Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

After-sales Support Vendors should provide after-sales services with minimum turnaround time for resolving issues.

Quality The equipment should be strong and have high-quality features.

Safety The machineries should be equipped with safety features to prevent accidents.

TechnologyThe equipment should be technologically advanced in terms of fuel efficiency and also have sensors to obtain real-time information.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Earthmoving Equipment Market in Turkey 2015-2019