Los Angeles, CA -- (SBWIRE) -- 03/28/2019 -- 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.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Caterpillar
Hitachi Construction Machinery
Komatsu
Volvo Construction Equipment
Xuzhou Construction Machinery Group (XCMG)
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Hydraulic Excavator Market Segment by Regions
North America
Europe
China
Japan
Hydraulic Excavator Market Segment by Type
Loader Backhoe
Bucket Wheel Excavator
Midi Excavator
Others
Hydraulic Excavator Market Segment by Application
Building Construction
Mining Engineering
Traffic Construction
Others
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