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.
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The global Hydraulic Excavator market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Hydraulic Excavator volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydraulic Excavator market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Hydraulic Excavator Market report are Caterpillar, Hitachi Construction Machinery, Komatsu, Volvo Construction Equipment, Xuzhou Construction Machinery Group (XCMG) and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Hydraulic Excavator Market Overview
2 Global Hydraulic Excavator Market Competition by Manufacturers
3 Global Hydraulic Excavator Production Market Share by Regions
4 Global Hydraulic Excavator Consumption by Regions
5 Global Hydraulic Excavator Production, Revenue, Price Trend by Type
6 Global Hydraulic Excavator Market Analysis by Applications
7 Company Profiles and Key Figures in Hydraulic Excavator Business
8 Hydraulic Excavator Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Hydraulic Excavator Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source