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Small Bulldozer Market Trends

Report ID: GMI6532
Published Date: Aug 2023
Report Format: PDF

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Small Bulldozer Market Trends

With growing concerns about environmental impact and emissions, the trend toward more sustainable construction practices and equipment has gained momentum. This trend could also impact the small bulldozer industry, leading to the development of more fuel-efficient models that emit fewer pollutants. The launch of the Caterpillar D3K2 mini bulldozer in March 2023 marks an effort in the same direction. It is powered by a Cat C7.1 ACERT engine that meets Tier 4 Final emission standards. The D3K2 also features a new hydrostatic transmission that improves fuel efficiency by up to 10%. Manufacturers might explore alternative power sources, such as electric or hybrid options, to reduce the environmental footprint of these machines, further strengthening the market outlook.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of small bulldozer reached USD 1.3 billion in 2022 and is set to register 4% CAGR between 2023 and 2032, due to rapid urbanization and infrastructure development across both developed and developing nations worldwide.

The crawler bulldozer segment held over 65% of revenue share in 2022, on account of its superior traction, stability, and versatility.

Asia-Pacific recorded 35% of the market share in 2022, owing to rapid urbanization, infrastructure development, and bridge construction projects in the region.

Caterpillar Inc., Case Construction Equipment (CNH Industrial America LLC), John Deere, KOMATSU Ltd, Shantui Construction Machinery Co., Ltd., DEVELON (HD Hyundai Infracore Co., Ltd.), and CHANGLIN, are some of the major small bulldozer companies worldwide.