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Bulldozers are equipped with blades and are useful for pushing rocks, debris, removing trees, and clearing the ground. Technavio’s market research analyst has estimated factors like the increasing investment in infrastructure development to result in this market’s modest growth rate of more than 7% during the forecast period.
Factors like the augmented need for replacing old bulldozer tractors are expected to drive market growth between the period of 2014 and 2019. To meet the rising demand for fast and superior-quality infrastructure construction, many companies have started replacing their outdated equipment with energy-efficient, powerful, and low-emission equipment. This necessary replacement of old equipment is expected to augment the prospects for growth in this market.
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