Emerging Stakeholders and New Entrants will Hold a Sizeable Share in Excavator Market

Posted on 2019-06-25 by Mark Hub in Internet & Online // 0 Comments

Rockville, USA, 2019-Jun-25 — /EPR Network/ —

Fact.MR recently published a comprehensive study on excavator market, which opines that the excavator market will witness modest 3.2% volume y-o-y in 2019 over 2018. The Fact.MR study finds that the demand for excavator will improve as the heavy construction equipment industry has been recovering from a major slump. Owing to the positive growth of the construction industry, especially in developing countries, excavator market is expected to witness steadily increasing growth in the future.

An excavator is a type of heavy equipment used in the construction industry to excavate the soil or for on a construction site. Excavators are also used in other industrial sectors such as agriculture & forestry, and mining. A common design of excavators consists of a bucket, a boom, cab or house, and a dipper, and the whole machine usually works on hydraulic forces.

Based on length of boom, size of bucket, and operational speed, excavators can be divided into different types such as mini or compact, medium, standard, and heavy excavators. Other types of excavators that are commonly used in various industrial applications are crawler excavators, long reach excavators, dragline excavators, and suction excavators.

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Table of Content

Chapter 1 Global Compact Wheel Loader Market – Global Outlook

Chapter 2 Global Excavator Market – Executive Summary

Chapter 3 Global Excavator Market Overview
3.1 Introduction
3.1.1 Global Excavator Market Taxonomy
3.1.2 Global Excavator Market Definition
3.2 Global Excavator Market Size (US$ Mn & Volume) and Forecast, 2012-2026
3.2.1 Global Excavator Market Y-o-Y Growth
3.3 Global Excavator Market Dynamics
3.4 Value Chain
3.5 Cost Structure
3.6 Global Construction Outlook
3.7 Global Construction Equipment Industry Overview
3.8 Global Infrastructure Spending
3.9 Road Infrastructure Scenario
3.10 Major Construction Project
3.11 Forecast Factors
3.12 Forecast Scenario
3.13 Supply Demand Scenario
3.14 Investment Feasibility Matrix
3.15 Region Wise Market Positioning Assessment
3.16 Porters Analysis
3.17 Key Participants Market Presence (Intensity Map) By Region

To be Continue…..

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In the realm of electric excavators several milestones have been recently inked. Companies such as Hyundai Construction Equipment and Volvo Construction have pioneered launch of novel electric powered, li-ion technology based excavators with zero emissions and affordable pricing brackets. These novel developments are likely to induce massive growth in excavator market in the coming years.

Emerging Stakeholders and New Entrants will Hold a Sizeable Share in Excavator Market

According to the Fact.MR report, Caterpillar Inc., KUBOTA Corporation, and Doosan Bobcat Inc. are the Tier 1 manufacturers in the excavator market and they collectively account for around 30% Excavator Market Share in terms of revenue. Tier 2 and Tier 3 players, including CNH Industrial N.V., Deere & Co., and Sany Group Co. Ltd., continue to grow rapidly to intensify the competitive environment in the excavator market.

Key Developments in Excavator Market

Deere & Co. – a leading American manufacturer of construction equipment – recently entered a supplier partnership with Wacker Neuson – a German supplier and distributor of construction equipment. The company aims to provide compact excavators in Asian excavator markets, such as China, Oceania, and Southeast Asia with this partnership, and capitalize on lucrative opportunities emerging in the region.
Caterpillar Inc. – world’s leading player in the excavator market – recently announced that the incorporation of its latest Cat Connect Technology in the design of its three new Next Generation 20-ton size class excavators—the 320 GC, 320 and 323—has resulted in enhanced efficiency, productivity, and reduced operating cost of excavators.
Volvo Construction Equipment and Services, Inc. announced that, with the use of cable-connected and dual-powered, 70-ton excavator prototype – EX1 in its ‘Electric Site’ research project, the company reduced carbon emissions by 98%, energy costs by 70%, and operational cost by 40%. The company carried out this experiment with its customer Skanska AB, a Swedish construction and development company.

The Fact.MR report provides in-depth information about recent developments in the excavator market. The report features a comprehensive list of leading stakeholders as well as new entrants in the excavators market, which includes Caterpillar Inc., Deere & Co., Hitachi, Ltd., KUBOTA Corporation, CNH Industrial N.V., Volvo Construction Equipment and Services, Inc., Doosan Bobcat Inc., Yanmar Co., Ltd., JCB, Inc., Nagano Industry Co., Ltd., KOBELCO Construction Machinery Co., Ltd., Kato Works Co., Ltd., BEML Limited, Guangxi LiuGong Machinery Co., Ltd., Sany Group Co. Ltd., Terex Corporation, XCMG Construction Machinery Co., Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., CAPPELLOTTO S.P.A., Rivard Companies Inc., and The Charles Machine Works, Inc.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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