Dozers Market Size - By Product Type, By Blade Type, By Engine Power, By End-use, By Distribution Channel Analysis, Share, Growth Forecast, 2024 - 2032

Report ID: GMI12446
   |
Published Date: November 2024
 | 
Report Format: PDF

Download Free PDF

Dozers Market Size

The global dozers market size was valued at USD 13.8 billion in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032.
 

Growing urbanization and infrastructure development are the major drivers for the global dozer market. The rise in urbanization in developing countries is responsible for the increased requirements for housing, commercial, and urban infrastructure. In 2018, it was reported that 55% of the world population lives in urban regions. The United Nations is estimating that this percentage will increase to 68% by the year 2050. Urban expansion leads to various earth-moving activities like site preparation and land clearing, which are the basic purposes of dozers. Hence, there is an uninterrupted need for them in various types of urban constructions, including small and big dozers.
 

Dozers Market

Globally, the government is able to boost the economy through investment in public infrastructure such as roads and buildings. This has been possible due to projects like the Belt and Road Initiative, which has accelerated the growth of infrastructure in countries located in Asia, Europe, and Africa. In India, the government promised to invest over $1.4 trillion into roads, ports, and railway projects, which would enable better connectivity. There are several notable applications of dozers in construction projects, including (but not limited to) bridges, highways, railways, and airports. So, the increased government expenditure leads to higher demand for construction equipment.
 

The global demand for lithium, copper, and other rare earth metals has surged the power and battery production sectors, which in turn has skyrocketed mining operations in Chile and Australia. The use of dozers in this sector becomes imperative as they are needed for overburden stripping, road construction, and surface finishing. The other countries in this market are leaders in sales volume, which induces an increase in dozer demand as the metal mining sector expands.
 

Dozers Market Trends

  • The development in artificial intelligence and robotics has influenced the dozer market as they are more capable, dependable, and flexible. Such innovations are a response to operational issues, increase output, and satisfy the demand for smart equipment that is environmentally friendly. GPS-guided graders are integrated into modern dozers to facilitate approximate grading and levelling, while interlock controllers are also installed to lessen the amount of manual and survey work. Caterpillar's Grade with 3D and Komatsu’s Intelligent Machine Control (iMC) are additionally available to improve automated blade control.
     
  • To make the environment safer and boost productivity in dangerous settings, sensors, cameras, and AI allow autonomous and partially autonomous dozers to function with little supervision. This competitive advantage is spurring expansion in several industries, including mining and construction, where security and performance are crucial.
     

Dozers Market Analysis

A dozer is a type of construction machine that requires huge financial expenditure, thus making it nearly impossible for SMEs to acquire it. In places where credit is not easily available, buyers are more likely to postpone or not go through with the purchase, resulting in financial limitations. Dozers are manufactured using raw materials such as aluminum, steel, and electronics. Since the prices of these raw materials are never consistent, it raises the prices of manufacturing and business operations, and this increase is eventually charged to the customers. In addition, all countries across the globe are enforcing strict emission policies on heavy machinery, including dozers, which are non-compliant with modern engine systems. These regulations bring about a rise in production costs and add further complexities in design, thus affecting the growth of the market.
 

Global Dozers Market Size, By Product Type, 2021 – 2032, (USD Billion)
  • Based on product type, the dozers market is segmented as crawler dozers, wheel dozers, and mini dozers. Among these types, the highest revenue share of USD 6.4 billion was earned by crawler-type dozers in 2023 with a CAGR of 6.2% through 2032.
     
  • The requirement for crawler dozers has been growing largely because of urbanization and the global expansion of key infrastructural projects. These machines are vital in land grading, debris clearing, and site preparation. Mexico, Brazil, India, and China, as well as Southeastern Asia, all have rapid urbanization happening. In addition, the construction boom in Asia, Europe, and Africa as a result of the Belt and Road Initiative also increases the demand for heavy equipment, especially crawler dozers. Call it an end-user, the mining sector is almost without certainty using crawler dozers for overburden removal, haul road maintenance, and creating mining pits.
     
  • To satisfy the rising global need for minerals and metals, advanced crawler dozers have become exceedingly important. There is a market trend for crawler dozers to have more power and higher durability in the right applications or adverse working environments such as deep-level mining. Also, due to the growing market for crawler dozers, new technology advancements, for example, GPS controls, telematics, and autonomous systems, have improved the functionality and appeal of the crawler dozers.
     
Global Dozers Market Revenue Share, By End Use, (2023)
  • Based on end-use, the building & construction segment held 40.6% share of the dozers market in 2022.
     
  • Economic advancement is greatly facilitated by infrastructure. All over the world, both governments and the private sector are investing massively into construction works with the intention of increasing trade, urbanization, and connectivity. The upgrading of the road networks alongside urban and rural connections improves trade efficiency. Grading and piling for heavy engineering works require a range of earthmoving machines for movement and surface preparation. There is an ever-increasing need for residential and commercial building construction due to urbanization in developing nations. There is greater demand for densely located homes, urban facilities, offices, and buildings due to migration to urban centers. To satisfy the need for urban living spaces, governments have started building affordable units. 
     
  • The concept of a smart city is the evolution of the system which combines modern smart technologies with infrastructure modernization to make it more sustainable, connected, and improves the quality of life. The increasing demand for construction initiatives such as office complexes, industrial parks, shopping malls, and other commercial venues is sustained. Furthermore, the expansion of e-commerce has increased the demand for warehouses and logistical hubs.
     
U.S. Dozers Market Size, 2021 – 2032, (USD Billion)
  • The U.S. dozers market was worth over USD 3.1 billion in 2023 and is estimated to register at a CAGR of 6.2% from 2024 to 2032. The dozer market in North America is more distinctly characterized by economic, infrastructural, and environmental parameters particular to Canada and the US. With the pressure of modernizing the abruptly deteriorating infrastructure, there has been an uptick in demand for US dozers. Furthermore, various government policies as well as financing aid are acting as the supporting pillar for large-scale infrastructure initiatives. The IIJA has started an investment of 1.2 trillion dollars across multiple projects like roads, bridges, rail, and port infrastructure with the intent of making the structure, as well as basic security, more stable and less prone to weather extremities.
     
  • The increase in population along with the tendency to shift towards metropolitan areas has led to an increased residential construction rate across the southern and western US states. Areas such as Austin, Nashville, Arizona, etc., have seen an increase in the demand for housing due to shifting population alongside the much-needed buildings being constructed to meet that demand.
     

North America: The United States continues to take the lead when assessing dozers with an approximate 76% market share in 2023 within North America. Moreover, the U.S. is investing in land prepping for solar, green buildings, and wind energy, which increases the demand for dozers. These renewable energy schemes are fueled by federal and state funding as well, such as the Inflation Reduction Act. In addition, great strides for large-scale renewable energy projects are being witnessed in the Midwest and Southwest regions. With hurricanes, wildfires, and floods being fairly common in the US, the demand for land-clearing equipment, including dozers, is high. The brisk pace at which debris can be removed further enhances the chances of such equipment being pushed into the market. Telemetric systems, autonomous equipment, and GPS are key features that are being sought after in the construction sector, especially in construction machinery. 
 

A compound annual growth rate of roughly 4.4% is expected to characterize the severe Canadian dozer market. Mining and forestry equipment demand is driven in large part by the huge natural resources Canada has, oil sands, wood resources, and minerals.
 

Alberta, British Columbia, and Ontario are opening more mining sites. Some Canadian oil companies are still extracting oil sands in Alberta and have a great need for large and extremely rugged earth-moving equipment. New infrastructure development is also taking place in Canada’s remote regions in order to promote better integration and economic development. Canada’s annual commitment to greenhouse gas emission reductions is facilitating the active preparations of the renewable energy projects such as wind, solar, and hydroelectric power. Next, provinces Quebec and British Columbia are working too on building more stations for hydroelectric power.
 

Dozers Market Share

In 2023 the total market share of key companies, like CNH Industrial, Caterpillar, Deere & Company, etc., was between fifty and fifty-five percent. Such companies are actively indulging in mergers, acquisitions, facilities expansions, and collaborations in an effort to grow their product portfolio, increase their customer base, and strengthen their positions in the market.


Industries are rapidly changing, and companies are investing in their R&D to ensure their dozers are up to scratch and fit with the needs of the customers. Competitive strategies often include the approach of finding new geographical regions to expand in or defining and distinguishing products with additional features. In this environment, the companies which will grow most are those which will continue to innovate and meet the market demands.
 

Dozers Market Companies

Major players operating in the dozers industry are:

  • Case Construction
  • Caterpillar
  • CNH Industrial
  • Deere & Company
  • Doosan
  • Hitachi
  • Komatsu
  • Liebherr Group
  • Movex Innovation
  • Sany Construction
  • Shantui
  • Volvo
  • XCMG Group
  • Xiamen Topway
  • Zoomlion
     

Dozers Industry News

  • In November 2024, Liebherr completed its Generation 8 range of mining dozers with the introduction of the new PR 776 G8. The 70-tonne class PR 776 G8 features a new electronic machine architecture enabling the dozer to use more of Liebherr’s technologies.
     
  • In September 2024, the company Komatsu proudly introduces two new teleoperation breakthroughs for their mining dozers and blasthole drills. Such equipment makes a step towards improving mine safety, increasing productivity, and enabling operationally compatible equipment. These experiments open up possibilities for the use of remote-controlled equipment and in the case where operators are able to control heavy equipment from a remote place. Widening the horizon of schedule-driven teleoperation into the heart of equipment, the company allows customers to achieve more while making sure their workers are safe in hostile places.
     

This dozers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Million Units) from 2021 to 2032, for the following segments:

Market, By Product Type

  • Crawler dozers
  • Wheel dozers
  • Mini dozers

Market, By Blade Type

  • Straight Blade (S-Blade)
  • Universal Blade (U-Blade)
  • Angle Blade
  • Others (semi-u blade, pitch blades, etc.)

Market, By Engine Power

  • Up to 100 HP
  • 100–200 HP
  • More than 200 HP

Market, By End-use

  • Building & construction
  • Mining
  • Forestry & agriculture
  • Others (manufacturing, military, etc.)

Market, By Distribution Channel

  • Direct sales
  • Indirect sales

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

 

Authors: Avinash Singh , Sunita Singh
Frequently Asked Question(FAQ) :
Who are the major players in the dozers market?
Key players in the dozers industry include Case Construction, Caterpillar, CNH Industrial, Deere & Company, Doosan, Hitachi, Komatsu, Liebherr Group, Movex Innovation, Sany Construction, Shantui, Volvo, XCMG Group, Xiamen Topway, and Zoomlion.
What trends are influencing the North America dozers market growth?
What is the size of the building & construction segment in the dozers market?
Why is the use of crawler dozers rising?
How big is the dozers market?
Dozers Market Scope
  • Dozers Market Size
  • Dozers Market Trends
  • Dozers Market Analysis
  • Dozers Market Share
Related Reports
    Authors: Avinash Singh , Sunita Singh
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2023

    Companies covered: 15

    Tables & Figures: 180

    Countries covered: 18

    Pages: 220

    Download Free PDF

    Top