menu
Dozer market Regional Insights
Dozer market Regional Insights
Dozer market

The dozer market is divided into five regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

 

In 2017, Asia Pacific dominated the market, and it is expected to continue to do so throughout the forecast period (2018–2025). The region's growth engines are China, India, and Japan. This is due to the fact that these countries' infrastructure initiatives are rising. For example, China unveiled the "one belt, one road" plan in 2013 to connect three regions (Asia, Africa, and Europe), which has supported the country's construction industry's expansion. Furthermore, increased government investments in India's infrastructure sector are likely to help the industry flourish. According to the India Brand Equity Foundation (IBEF), the government allocated US$ 92.22 billion on infrastructure in the Union Budget 2018-2019 in April 2018. Dozers play an important part in the construction industry, resulting in a favourable environment for dozer market growth in Asia Pacific.

 

Read More:

https://bloggerstrive.blogspot.com/2022/03/dozer-market-analysis-regional-insights.html

Click here for Dozer Market Report:

 

https://www.coherentmarketinsights.com/market-insight/global-dozer-market-1823