DUBLIN, Dec. 08, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/q28qjg/skid_steer_market) has announced the addition of the "Skid Steer Market in Brazil 2015-2019" report to their offering.
The equipment rental market is growing rapidly in Brazil. Equipment lease or renting allows customers to use the equipment by leasing it from manufacturers or equipment rental companies. This enables construction companies to reduce project cost and operating expenses to a considerable extent.
According to the report, the government is investing heavily in multiple infrastructure projects, and plans to spend over $200 billion in the infrastructure sector over the forecast period. This funding will be utilized for the construction of energy, rail and roadways, airways, and waterways. The local government of Rio de Janeiro, the host state for the 2016 Olympic Games, is expecting an investment of $50 billion by 2016.
Further, the report states that manufacturing companies are finding it difficult to recruit skilled labor, particularly in the construction sector. Although the government planned to invest in labor training by introducing different educational programs, a wide gap still exists. The rising unemployment rate in the country is reducing the market growth.
The report forecasts the skid steer market in Brazil to grow at a CAGR of 11.61 percent over the period 2014-2019.
Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the Key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry overview
PART 06: Market landscape
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
- Case construction
- Volvo Construction Equipment
Other Prominent Vendors:
- Doosan Heavy Industries & Construction
- Hitachi Construction Machinery
- Sany Group
- Wacker Neuson
For more information visit http://www.researchandmarkets.com/research/q28qjg/skid_steer_market
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets