Mini excavator also known as compact excavator either has a wheel or undercarriage made from rubber or steel and generally has an operating range of 0.7–10 Ton, and is used for performing tasks traditionally done by labour force.
Growing economy is demanding for the more residential and non-residential constructional projects, which will accelerate the demand of mini excavators in the global market.
North America and Europe have large amount of disposable income, which will accelerate the infrastructural growth in this region and in turn will boost the global market of mini excavators over the forecast period. Furthermore, rise in immigration has resulted in urbanization, which has increased the demand for residential projects in the Middle East and Africa. Augmenting residential and non-residential projects in developing countries, such as India and China, in Asia Pacific will boost the demand of mini excavators. The global demand for more efficient, productive and cost-effective mini excavators will increase the market of mini excavators. The global mini excavator market is expected to grow with a prominent CAGR over the forecast period.
In 2019, the market size of Mini Excavator is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Mini Excavator.
This report studies the global market size of Mini Excavator, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Mini Excavator production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Caterpillar
JCB
Komatsu
John Deere
Hitachi
Volvo
Guangxi LiuGong Machinery
BEML
Zoomlion
XCMG
Yanmar
Terex
Bobcat
SANY
Market Segment by Product Type
Crawler Mini Excavator
Wheel Mini Excavator
Market Segment by Application
Commercial
Infrastructural
Residential
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Mini Excavator status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Mini Excavator manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 Mini Excavator are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Mini Excavator. Industry analysis & Market Report on Mini Excavator is a syndicated market report, published as Global (United States, European Union and China) Mini Excavator Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Mini Excavator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.