Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Nov 25, 2019 12:40 PM ET

Excavators Market 2019 Global Market Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2026


Excavators Market 2019 Global Market Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2026

iCrowd Newswire - Nov 25, 2019

The global Excavators Market will witness considerable growth in the coming years due to increasing investment by private as well as government organizations in infrastructure development. According to a report published by Fortune Business Insights, titled “Excavators market: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 44.12 Bn in 2018. Fortune Business Insights has predicted that the market will reach US$ 63.14 Bn by 2026 thereby exhibiting a CAGR 4.66%.

The rising demand for excavators across industrial, residential, and commercial sectors has created growth opportunities for the global market. Excavators are used widely in various sectors such as oil and gas, road construction, and mining. The rising demand for excavators, resulting from their applications across diverse domains will aid the growth of the global excavators market in the coming years.

Top Key Players:

Sample PDF Brochure – https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/excavator-market-100861

“Hitachi’s Launch of Hybrid Excavator Will Aid Overall Expansion of Market”

The global excavators market has benefited from increasing product launches. Demand for aesthetic improvements in government institutions has opened the doors for product innovations, mainly possible due to the high investment. In the wake of soaring demand for excavators around the world, several companies have introduced excavators based on new concepts. In 2017, Hitachi launched a new hydraulic excavator can be operated with minimum fuel consumption. The company stated that its latest product will enable a 12% reduction in fuel consumption from its previous model. Fortune Business Insights states that innovations focusing on environmental preservation will have an edge over their counterparts. The report includes product launches similar to Hitachi’s newest innovation and gauges the impact of these launches on the global market.

Excavators Market Segmentation:

  • By Type

    • Mini/ Compact Excavator
    • Crawler Excavator
    • Wheeled Excavator
    • Other Excavator

  • By End-use Industry

    • Construction
    • Forestry and Agriculture
    • Mining
    • Others

  • By Geography

    • North America (USA and Canada)
    • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
    • Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
    • Latin America (Mexico, Brazil and Rest of Latin America)
    • Middle East and Africa (GCC, South Africa and Rest of the Middle East and Africa)

  • Speak to Analyst – https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/excavators-market-100861

    “Volvo Successfully Overcomes ‘Heavy Battery’ Barrier in Excavators; Global Market to Benefit from Latest Upgrade”

    The global excavator has been blessed with several product innovations. Despite growing advancements, end-users were not fully satisfied with the heavy battery that was accommodated in the excavator system. As it is impossible to eliminate the use of a battery, Volvo came up with a new concept wherein it turned the disadvantage of the heavy battery into an advantage. Volvo brought about several upgrades in the design of its latest excavator, thereby inculcating an optimum use of the heavy battery. Fortune Business Insights predicts that the newest concepts introduced by leading companies such as Volvo will enable the growth of the global excavators market.

    Besides product innovations and launches, the report encompasses several other aspects that have a positive impact on the global market. A few of these aspects include company mergers, increasing investment, and technologically efficient devices. Additionally, the report focuses on the segmentation of the market based on factors such as product type, application, and regional demographics.

    Major Table of Contents:

  • Introduction

    • Research Scope
    • Market Segmentation
    • Research Methodology and Assumptions

  • Executive Summary
  • Market Dynamics

    • Drivers, Restraints and Opportunities

  • Key Insights

    • Macro and Micro Economic Factors
    • Key Technological Trends and Developments
    • Price Trend Analysis
    • Porters Five Forces Analysis

  • Global Excavator Market Analysis, Insights and Forecast, 2015-2026

    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts By Type (US$ Mn)

      • Mini/ Compact Excavator
      • Crawler Excavator
      • Wheeled Excavator
      • Other Excavator

    • Market Sizing Estimations and Forecasts By End-users (US$ Mn and Million Units)

      • Construction
      • Forestry and Agriculture
      • Mining
      • Others

    • Market Analysis, Insights and Forecast By Geography (US$ Mn)

      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • Latin America

  • North America Excavator Market Analysis, Insights and Forecast, 2015-2026

    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts By Type (US$ Mn)

  • TOC Continued…!

    Purchase Full Report – https://www.fortunebusinessinsights.com/checkout-page/100861

    Other Exclusive Reports:

    Conveyor Systems Market Size and Share by Sales Revenue, Demands, Growth Factors, Emerging Trends, Competitive Landscape and Forecast to 2026

    About Us:

    Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

    Contact:

    Name: Ashwin Arora

    Email: [email protected]

    Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

    Press Release Distributed by The Express Wire

    To view the original version on The Express Wire visit Excavators Market 2019 Global Market Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2026






    iCrowdNewswire




    Tags:    Wire, Research Newswire, English