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Mini Excavators Market by End-user Industry (Construction, Agriculture, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025

10-17-2018 04:03 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Mini Excavators Market

Mini Excavators Market

According to a new report published by Allied Market Research titled, Mini Excavators Market by End-user Industry: Global Opportunity Analysis and Industry Forecast, 2018-2025," the mini excavators market size was valued at $7.23 billion in 2017 and is expected to reach $9.77 billion by 2025, registering a CAGR of 4.4% from 2018 to 2025. The construction segment dominated the mini excavators market, accounting for more than one-third share of the total revenue by the end-user industry.

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The mini excavators are compact and robust construction equipment, which have significant scope of application across different end-users. Further, the advancement of technology and engineering capabilities has increased their performance and has provided alternatives to heavier construction equipment. Moreover, the growing popularity of compact construction equipment is expected to provide profitable business opportunities for the market players during the forecast period. In addition, the significant number of ongoing construction and infrastructure development projects is also projected to fuel the demand for the mini excavators market throughout the forecast period.

The growing construction industry is one of the major indicators that drives the growth of mini excavators market during the forecast period. Also, the versatile benefits of mini excavators, such as compact size, durability, availability of various power output ranges, superior maneuverability, and others, are also expected to fuel the demand for mini excavators throughout the forecast period. Moreover, the demand for robust, effective, and mobile construction equipment over heavy construction equipment is also projected to boost the market growth of mini excavators market, thus, providing lucrative opportunities for the market players.

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The mini excavators have significant application for tasks, such as landscaping, materials handling, demolishing, forestry working, snow removing, constructing, and others. Thus, based on end-user industry, the market is broadly classified into construction, agriculture, and others. In addition, to gain a diverse insight, the market is analysed across major regions namely, North America, Europe, Asia-Pacific, and LAMEA.

As depicted in the figure above, the construction industry accounts for a significant market share in terms of revenue for the global mini excavators market. The substantial number of applications that utilizes mini excavators in the construction industry is attributed to the large market share of the construction industry. Further, it is expected to maintain its leading position in revenue, owing to the high growth rate of the construction industry in the Asian and African regions.

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Among the various regions, Asia-Pacific and LAMEA are expected to offer better opportunities comparatively, owing to the significant number of ongoing construction and infrastructure development-related projects. The growing tourism and subsequent investment towards infrastructure development in the Middle East are expected to drive the market demand in this region. Whereas, rapid urbanization and the fast-growing construction industry in the Asia-Pacific region are anticipated to fuel the demand for mini excavators during the forecast period.

The report details a competitive analysis and the profiles of the major players, such as AB Volvo, Caterpillar, Inc., Cukurova Ziraat, Deere & Company, Hitachi, Ltd., Hyundai Construction Equipment Co., Ltd., J C Bamford Excavators, Ltd., Kobe Steel, Ltd., Komatsu, Ltd., and Takeuchi Mfg. Co., Ltd., in the mini excavators market. Product launch and business expansion are the key strategies adopted by the major players to retain their standing in the market.

LIST OF TABLES

TABLE 1. MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 2. MINI EXCAVATORS MARKET FOR CONSTRUCTION, BY REGION, 2017-2025 ($BILLION)
TABLE 3. MINI EXCAVATORS MARKET FOR AGRICULTURE, BY REGION, 2017-2025 ($BILLION)
TABLE 4. MINI EXCAVATORS MARKET FOR OTHERS, BY REGION, 2017-2025 ($BILLION)
TABLE 5. MINI EXCAVATORS MARKET REVENUE, BY REGION, 2017-2025 ($BILLION)
TABLE 6. NORTH AMERICA MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 7. NORTH AMERICA MINI EXCAVATORS MARKET, BY COUNTRY, 2017-2025 ($BILLION)
TABLE 8. U.S. MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 9. CANADA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 10. MEXICO MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 11. EUROPE MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 12. EUROPE MINI EXCAVATORS MARKET, BY COUNTRY, 2017-2025 ($BILLION)
TABLE 13. GERMANY MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 14. FRANCE MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 15. UK MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 16. RUSSIA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 17. REST OF EUROPE MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 18. ASIA-PACIFIC MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 19. ASIA-PACIFIC MINI EXCAVATORS MARKET, BY COUNTRY, 2017-2025 ($BILLION)
TABLE 20. INDIA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 21. CHINA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 22. JAPAN MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 23. REST OF ASIA-PACIFIC MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 24. LAMEA MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 25. LAMEA MINI EXCAVATORS MARKET, BY COUNTRY, 2017-2025 ($BILLION)
TABLE 26. LATIN AMERICA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 27. MIDDLE EAST MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 28. AFRICA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2017-2025 ($BILLION)
TABLE 29. AB VOLVO: COMPANY SNAPSHOT
TABLE 30. AB VOLVO: OPERATING SEGMENTS
TABLE 31. CATERPILLAR, INC.: COMPANY SNAPSHOT
TABLE 32. CATERPILLAR, INC.: OPERATING SEGMENTS
TABLE 33. ÇUKUROVA ZIRAAT: COMPANY SNAPSHOT
TABLE 34. ÇUKUROVA ZIRAAT: PRODUCT PORTFOLIO
TABLE 35. DREE & COMPANY: COMPANY SNAPSHOT
TABLE 36. DREE & COMPANY: OPERATING SEGMENTS
TABLE 37. HITACHI, LTD.: COMPANY SNAPSHOT
TABLE 38. HITACHI, LTD.: OPERATING SEGMENTS
TABLE 39. HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: COMPANY SNAPSHOT
TABLE 40. HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: OPERATING SEGMENTS
TABLE 41. J C BAMFORD EXCAVATORS, LTD.: COMPANY SNAPSHOT
TABLE 42. J C BAMFORD EXCAVATORS, LTD.: PRODUCT PORTFOLIO
TABLE 43. KOBE STEEL, LTD.: COMPANY SNAPSHOT
TABLE 44. KOBE STEEL, LTD.: PRODUCT PORTFOLIO
TABLE 45. KOMATSU, LTD. : COMPANY SNAPSHOT
TABLE 46. KOMATSU, LTD. : OPERATING SEGMENTS
TABLE 47. TAKEUCHI MFG. CO., LTD: COMPANY SNAPSHOT
TABLE 48. TAKEUCHI MFG. CO., LTD: OPERATING SEGMENTS

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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