Global Excavator Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook (2017-2021)

Industry Research by Koncept Analytics

Global Excavator Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook -----------------------------------(2017-2021) March 2017

Global Excavator Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook (2017-2021)

1

Executive Summary Construction equipments include all equipments required in any construction work. Global construction equipment market outlook remained negative in the past few years resulting from the lower demand in North America and Europe regions. However, the market is expected to grow in future supported by increased infrastructure investments in North America & Asia regions.

Excavator market is one of the major segments of construction equipment market. Excavators are used in moving and digging large and heavy objects. A huge range of excavators is available in the market with different sizes and functions. Excavators are generally categorized into two types; crawler excavator and wheeler excavator. Crawler excavator runs on two infinite tracks and used in hilly areas whereas, wheeler excavator runs on wheels and used on plain grounds.

The global excavators market is expected to grow in future due to increasing urbanization, rising construction expenditure and increased global GDP. Key trends of this market include high demand in fuel efficient excavator, launch of new products, rising demand in high efficient hydraulic fluid. However, there are some factors which can hinder the market growth including stringent emission norms and high maintenance of hydraulic excavators.

The hydraulic excavator is most commonly used for digging rocks and soil, but with its many attachments it can also be used for cutting steel, breaking concrete, drilling holes in the earth, laying gravel onto the road prior to paving, crushing rocks, steel, and concrete, and mowing landscapes. The demand for hydraulic excavators is likely to increase in the coming years as a result of rising construction in commercial as well as residential sectors globally.

The report “Global Excavators Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook (2017-2021)�

by Koncept Analytics, provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering the North America, Europe, Asia regions along with the global market. The report profiles the key players of the market including Caterpillar, Hitachi, Komatsu and Terex.

Global Excavator Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook (2017-2021)

2

Growth of the global excavator market will be driven by increased infrastructure investments, global economic growth and rising urbanization… .

Global Construction Equipment Market by Value (2012-2016) US$ Billion

• The global construction equipment market reached US$.. billion in year 2016, decreasing from US$.. billion in the previous fiscal year, recording growth at an impressive CAGR of .. % for the period spanning 20122016.

• In year 2016, North America stood as the largest market for Construction Equipment holding .. % share followed

by Europe that held … % share.

• The global Excavator market volume is expected to reach ..thousand in the year 2021, increasing from thousand in the year 2017, recording growth at a CAGR of .. %.

2012

2013

2014

2015

2016

Global Excavator Market Forecast by Volume (2017-2021) Thousand

Global Construction Equipment Market by Region (2016)

NorthAmerica

Europe

China

Japan

India

ROW

2017

2018

2019

Global Excavator Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook (2017-2021)

2020

2021

3

Growth of regional excavator market will be driven by increased demand of excavators in mining projects and rising replacement demand of excavators…

China Excavator Market Forecast by Volume (2017-2021) Thousand

• China excavator market volume is expected to reach .. thousand in the year 2021, increasing from … thousand in year 2017.

• North America crawler excavator market volume is expected to reach ... thousand in the year 2021, increasing from .. thousand in the preceding year, recording growth at a CAGR of ..% for the period spanning 2017-2021.

• India crawler excavator market volume is expected to reach ... thousand in the year 2021, increasing from .. thousand in the preceding year, recording growth at a CAGR of ..% for the period spanning 2017-2021.

2017

2018

2019

2020

2021 India Crawler Excavator Market Forecast by Volume (2017-2021)

Thousand

Thousand

North America Crawler Excavator Market Forecast by Volume (2017-2021 )

2017

2018

2019

2020

2021

2017

2018

2019

2020

Global Excavator Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook (2017-2021)

2021

4

Contact Us:

Disclaimer

This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report.

We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy.

Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 T: +91-120-4130959 M: +91-9811715635 vikas@konceptanalytics.com www.konceptanalytics.com

Global Excavator Market with Focus on Hydraulic Excavator: Industry Analysis & Outlook (2017-2021)

5