Boston, MA -- (SBWIRE) -- 01/23/2017 -- Hydraulic excavators are heavy construction equipment that have a boom, dipper, and a bucket attached to a rotating platform, which sits on top of an undercarriage either with tracks or wheels. The excavation process is performed with the help of hydraulic pumps and cylinders. Excavators are used in many construction and mining sites. They are also being increasingly adopted in industries like railways for maintenance services.

Technavio's analysts forecast the global hydraulic excavator market to grow at a CAGR of 1.43% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hydraulic excavator market for 2017-2021. To calculate the market size, the report considers the revenue generated from new hydraulic excavator sales worldwide during 2016.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Get More Details on this Report and a Full Table of Contents at Global Hydraulic Excavator Market 2017-2021

Technavio's report, Global Hydraulic Excavator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Caterpillar
-Hitachi Construction Machinery
-Komatsu
-Volvo Construction Equipment
-Xuzhou Construction Machinery Group (XCMG)

Other prominent vendors

-Terex Construction
-Liebherr
-John Deere
-SANY
-Doosan Infracore
-Zoomlion
-JCB
-Kobelco Construction Machinery
-Metso
-CNH Industrial
-Hyundai Heavy Industries
-Wirtgen Group
-Atlas
-LiuGong
-Wacker Neuson
-Manitou
-Kubota
-Sumitomo Heavy Industries
-Palfinger
-Sandvik Construction
-Lonking
-Fayat Group
-Shantui
-Hiab
-Ammann
-Astec Industries
-Kato Works
-Takeuchi
-XGMA
-Furukawa
-Skyjack
-BEML
-IHI
-Gradall
-Yanmar
-Rhino
-New Holland
-Mustang
-LBX
-Uralvagonzavod
-ST Kinetics

Market driver

-Changing demographics to boost infrastructure spending.
-For a full, detailed list, view our report

Market challenge

-Growing competition for global leadership in construction equipment.
-For a full, detailed list, view our report

Market trend

-Emergence of intelligent automation.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Caterpillar, Hitachi Construction Machinery, Komatsu, Volvo Construction Equipment, Xuzhou Construction Machinery Group (XCMG), Terex Construction, Liebherr, John Deere, SANY, Doosan Infracore, Zoomlion, JCB, Kobelco Construction Machinery, Metso, CNH Industrial, Hyundai Heavy Industries, Wirtgen Group, Atlas, LiuGong, Wacker Neuson, Manitou, Kubota, Sumitomo Heavy Industries, Palfinger, Sandvik Construction, Lonking, Fayat Group, Shantui, Hiab, Ammann, Astec Industries, Kato Works, Takeuchi, XGMA, Furukawa, Skyjack, BEML, IHI, Gradall, Yanmar, Rhino, New Holland, Mustang, LBX, Uralvagonzavod,, ST Kinetics

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Manufacturing research reports at Fast Market Research

You may also be interested in these related reports:
-Global Hydraulic Equipment Market 2016-2020
-Global Hydraulic Equipment Market for Mobile Applications 2016-2020
-Global Hydraulic Cylinder Market 2016-2020
-Global Mining Equipment Rental market 2016-2020
-Global Control Valves Market 2016-2020