Excavator Market 2019: Global Share, Growth, Size, Opportunities, Trends, Regional Overview, Leading Company Analysis And Key Country Forecast To 2026
Jul 16, 2019
Top players in Excavator Market are AB Volvo, Caterpillar Inc., Komatsu Ltd, Doosan Infracore Co. Ltd, Hitachi Construction Machinery Co. Ltd, C. Bamford Excavators Limited, Liebherr Group, CNH Industrial N.V, Hyundai Heavy Industries Co. Ltd, Terex Corporation
Pune, India - July 16, 2019 /MarketersMedia/ —
The global excavator 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 “Excavator 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%.
Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/excavator-market-100861
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 excavator market in the coming years.
Top Key Players Mentioned:
AB Volvo
Caterpillar Inc.
Komatsu Ltd
Doosan Infracore Co. Ltd
Hitachi Construction Machinery Co. Ltd
Bamford Excavators Limited
Liebherr Group
CNH Industrial N.V
Hyundai Heavy Industries Co. Ltd
Terex Corporation
Hitachi’s Launch of Hybrid Excavator Will Aid Overall Expansion of Market
The global excavator 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 that 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.
Major Table of Content:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Drivers, Restraints and Opportunities
4. Key Insights
4.1. Macro and Micro Economic Factors
4.2. Key Technological Trends and Developments
4.3. Price Trend Analysis
4.4. Porters Five Forces Analysis
5. Global Excavator Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Sizing Estimations and Forecasts – By Type (US$ Mn)
5.2.1. Mini/ Compact Excavator
5.2.2. Crawler Excavator
5.2.3. Wheeled Excavator
5.2.4. Other Excavator
5.3. Market Sizing Estimations and Forecasts – By End-users (US$ Mn and Million Units)
5.3.1. Construction
5.3.2. Forestry & Agriculture
5.3.3. Mining
5.3.4. Others
TOC Continued…!
Get PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/excavator-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 excavator 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.
Some of the leading companies that are operating in the global excavator market are AB Volvo, Caterpillar Inc., Komatsu Ltd, Doosan Infracore Co. Ltd, Hitachi Construction Machinery Co. Ltd, J.C. Bamford Excavators Limited, Liebherr Group, CNH Industrial N.V, Hyundai Heavy Industries Co. Ltd, and Terex Corporation.
Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/excavator-market-100861
Contact Info:
Name: Ashwin Arora
Email: Send Email
Organization: Fortune Business Insights Pvt Ltd
Address: Fortune Business Insights Pvt Ltd 308, Supreme Headquarters, Survey No 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India Phone: US: +1 424 253 0390 UK: +44 2071 939123 APAC: +91 744 740 1245 Email: [email protected]
Phone: +1 424 253 0390
Website: https://www.fortunebusinessinsights.com
Source: MarketersMedia
Release ID: 88897080
More News
Photos: Día de los Muertos
Gloria Molina Grand Park transforms into an illuminated, sacred civic sanctuary for the 2026 presentation of Downtown Día de los Muertos.
‘Final piece of the puzzle’: Western Sydney Airport opens for business
The first domestic Jetstar flight has departed Sydney’s new airport as the low-cost carrier bets big on Australia’s first new major airport in 50 years.
An American Civil War hero died alone in Melbourne. A century later, Harry is being remembered
As a teenage soldier, Harry Lane helped the Union Army win America’s Civil War. His ancestors have just been reunited with a life story they’d previously known little about.
First flight from WSI
First officer Agaya Papadokokolakis discusses the first Jetstar flight from WSI before departure.
Fandom vs flag: why young Chinese embrace Japanese pop culture but reject war-era symbols
Young Chinese people enjoy Japanese pop culture such as anime and music, but many draw a firm line at symbols of Japanese militarism. That line was tested recently at Moscow State University, where Chinese students confronted a classmate wearing Japan’s rising sun flag in class and called for his repatriation, state-run newspaper Global Times reported on Sunday. Many countries, including China, view the flag as a symbol of Japanese militarism and aggression. Japan’s Self-Defence Forces still use...
Young woman critical, multiple people hospitalised in drive-by shooting south of Brisbane
The shooting outside a boxing event in Loganholme critically injured a young innocent bystander, with three others hospitalised.
Big W has spent more than a decade in Kmart’s shadow. Can it pull off a comeback?
The discount retailer has been outpaced and outperformed by its much larger, more successful rival for years but is aiming for a turnaround.
Wheels up for Australia’s newest major airport as first flight takes off
Hundreds of guests including former prime ministers cheered as the first passenger flight soared into blue skies from Western Sydney International Airport.
Hong Kong needs a civil service fit for a changed world
Hong Kong’s civil service has long enjoyed a reputation for efficiency, professionalism and probity. It has also been a pillar of stability, particularly during the transition from British to Chinese rule. Outside the general and administrative grades, many civil servants spend much of their careers in relatively specialised areas of responsibility. This allows them to develop deep expertise and makes them dependable regulators and administrators. However, it can also make it harder to adapt...
School bullying cases in Hong Kong rise 32% to nearly 500 a year
Hong Kong schools handled an average of 496 bullying cases each academic year from 2022 to 2025 – a 32 per cent jump compared with the previous three years, according to the Education Bureau. A youth group attributed the increase to greater reporting driven by heightened mental health awareness, but also students struggling to distinguish playful jokes from bullying. According to the bureau, public primary and secondary schools recorded an average of 496 bullying cases each year between 2022 and...
Sydney drivers could soon be targeted under new speed cameras
Sydney drivers could soon be clocked by average speed cameras on tunnels and motorways as the state government considers switching-on "point-to-point" enforcement for cars.
Passengers on first flight from WSI
Madi and children who live near Australia’s newest airport go there for the first domestic flight.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.