Excavators are heavy construction equipment which are used to dig out soil from the ground or to move large objects. It tremendously enhances productivity of any construction work. These are available in wide range of sizes and capacities, depending on magnitude of work to be done. Majority of excavators currently in use are based on the principle of hydraulics. Functioning and movement of a hydraulic excavator is accomplished through the use of hydraulic fluid, with hydraulic cylinders and hydraulic motors. These type of excavators consist of a chassis, boom, and bucket, and move via tracks or wheels. It is used for a wide variety of applications, but are commonly used for transportation of large amounts of materials, such as minerals.
The global excavators market is expected to grow in future due to increasing urbanization, rising construction expenditure, and improving economy. Key trends of this market include high demand in the fuel-efficient excavator, rapid technological advancements, use of IoT in construction, increasing demand from the rental market and rising adoption for other applications. However, there are some factors which can hinder the market growth including stringent emission norms and high maintenance of hydraulic excavators.
APAC is estimated to be the major revenue contributor to the market throughout the predicted period. The rise in infrastructure developments and rapid urbanization in the emerging economies in the region and the rise of commodity prices and mining activities in countries such as China, will drive the market’s growth prospects in this region.
The Hydraulic Excavator market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hydraulic Excavator.
This report presents the worldwide Hydraulic Excavator market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Caterpillar
Hitachi Construction Machinery
Komatsu
Volvo Construction Equipment
Xuzhou Construction Machinery Group (XCMG)
Hydraulic Excavator Breakdown Data by Type
Loader Backhoe
Bucket Wheel Excavator
Midi Excavator
Others
Hydraulic Excavator Breakdown Data by Application
Building Construction
Mining Engineering
Traffic Construction
Others
Hydraulic Excavator Production by Region
United States
Europe
China
Japan
Other Regions
Hydraulic Excavator Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Hydraulic Excavator status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Hydraulic Excavator manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hydraulic Excavator :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hydraulic Excavator market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Hydraulic Excavator . Industry analysis & Market Report on Hydraulic Excavator is a syndicated market report, published as Global Hydraulic Excavator Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Hydraulic Excavator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.