Rental growth fuelling skid-steer demand
By Helen Wright09 February 2015
The global skid-steer loader market is forecast to grow 10.4% between 2014 and 2019, according to research company Reportstack.
“The high prices of earthmoving equipment have led to vendors providing equipment on a rental basis, making it cost-effective for customers,” it said.
Compact and versatile, skid-steer loaders are used in the construction industry to perform a variety of tasks on-site, and are capable of carrying a range of tools and attachments.
“The research and development efforts of equipment manufacturing companies have led to the development of energy-efficient and low-emission skid-steer loaders,” the report added.