Excavator Market in Malaysia to Grow at a CAGR of 7.36% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Excavator Market in Malaysia 2015-2019” research report to their website http://www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 07/17/2015 --Report forecast the excavator market in malaysia to grow at a CAGR of 7.36% over the period 2014-2019.

The excavator market in Malaysia grew by 6.10% in 2014 due to increased investment and government spending on infrastructure development in the construction sector. The ETP program launched in 2010 has triggered investment opportunities in the construction market. According to the Department of Statistics, Malaysia, the number of construction projects as of Q1 of 2015 were 9,982 compared to 9,774 in Q1 of 2014. According to Publisher the construction market in Malaysia was valued at $34.36 billion and we estimate the market to grow at a CAGR of 8.92% during the period 2014-2019. In addition, the government is also encouraging private participation (private investment increased at an annualized rate of 14% for the period 2011-2014) across industries under the ETP program. This is expected to boost construction activities, thereby driving market growth.

The report covers the present scenario and the growth prospects of the excavator market in Malaysia for the period 2015-2019. The market size has been calculated based on the total revenue generated from the sale of excavators in Malaysia. It does not consider the sale of used equipment or the revenue generated from contracts and maintenance.

The report also presents a detailed analysis of four key vendors and their share in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key players in the Excavator Market in Malaysia: Caterpillar, Hitachi Construction Machinery, JCB and Komatsu

Other Prominent Vendors in the market are: EIK Engineering, Volvo Group and Zoomlion Heavy Industry Science and Technology

Market Driver
- Growth in Residential Construction
- For a full, detailed list, view our report

Market Challenge
- Stringent Emission Control Regulations
- For a full, detailed list, view our report

Market Trend
- Emergence of Equipment Rental Services
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 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?

Spanning over 63 pages, "Excavator Market in Malaysia 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Economy Overview of Malaysia, Construction Market in Malaysia, Earthmoving Equipment Market in Malaysia, Market Segmentation by Type, Market Segmentation by Type, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit-
http://www.marketresearchreports.com/technavio/excavator-market-malaysia-2015-2019

Related Report:

Excavator Market in South Korea 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/excavator-market-south-korea-2015-2019

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Market Research Reports, Inc.
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http://www.marketresearchreports.com/technavio/excavator-market-malaysia-2015-2019

View this press release online at: http://rwire.com/611157