Excavator Market –Share, Size Analysis and Industry Forecast 2016-2024

Excavator or hydraulic excavator is one of the important heavy duty construction equipment that plays vital role in global construction equipment market. According to Goldstein Research, rapid urbanization in developing countries and rising construction activities are some of the major factors that are driving the growth of global excavator market. Urban population tends to increase by 60% by 2050 and USD 3.3 trillion annual global infrastructure investments are required to pace up with the expected growth. With infrastructure investment in road construction, housing projects and mining sector set to go up, there will be sound rise in excavator market as well as excavator attachments market. Moreover, key market players are concentrating on research and developments activities to provide more effective and technically advanced products to consumers, which are projected to impel global excavator market growth. Global Excavator Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe.

Market Segmentation

On the basis of our in-depth analysis, global excavator market can be segmented as follows:

By Product Type

• Crawler Excavators
• Backhoe
• Suction Excavators
• Dragline Excavators

By Power range

• 0-300 BHP
• 300-500 BHP
• 500 & Above

Based on Geography

• North America (U.S. & Canada) Excavator Market {Market Share (%), Market Size(USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Excavator Market {Market Share (%), Market Size(USD Billion)}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Excavator Market {Market Share (%), Market Size(USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Excavator Market {Market Share (%), Market Size(USD Billion)}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Excavator Market {Market Share (%), Market Size(USD Billion)}

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"Global Excavator Market Outlook 2024" embodies an in-depth synopsis of the global excavator market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type and by power range.

Further, for the detailed analysis, This report encompasses the excavator market, growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Hitachi, Kobelco, Komatsu Ltd., Volvo, JCB, Hyundai, Sumitomo Heavy Industries etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global Excavator market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this global excavator market report

• What is the global excavator market Size by 2024 and what would be the expected growth rate of the industry?
• What is the overall revenue per segment and geography in 2015-16 and what would be the projected revenue per segment and region over the forecast period?
• What are the excavator market trends?
• What are the factors which are driving this industry?
• What are the major barriers to excavator industry growth?

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