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key players that operate in the global wheeled excavators industry are Caterpillar Inc., Komatsu Ltd., Liebherr International AG, Deere & Company, Volvo Construction Equipment, Xuzhou Construction Machinery Group, Kobelco Construction Equipment, JCB Const
Wheeled Excavators Market
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Increasing investments in infrastructural and commercial activities have resulted in an upsurge in the demand for the global wheeled excavators market wherein wheeled excavators serve the purpose of easy mobility in construction sites. Rise in urbanization along with increasing road constructions are also expected to drive the demand for the market. Owing to its advantage of increased load lifting capacity due to its stable stabilizers, the market is expected to witness significant growth during the forecast period.
Moreover, stringent regulations regarding emission control have introduced the usage of environment friendly machines, thereby creating lucrative opportunities for the global wheeled excavators market to grow. However, high maintenance costs along with high installation costs and the need for continuous technical support are a few of the restraints that are expected to hamper the growth of the market.
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The global wheeled excavators market is segmented on the basis of product type, application, and geography. Based on product type, it is classified into front end loader and backhoe loader. Based on application, it is segmented into mining & quarrying, infrastructure activities, waste & recycling, forestry, and demolition. Geographically, it has been analyzed North America, Asia-Pacific, Europe, and LAMEA.
The key players that operate in the global wheeled excavators industry are Caterpillar Inc., Komatsu Ltd., Liebherr International AG, Deere & Company, Volvo Construction Equipment, Xuzhou Construction Machinery Group, Kobelco Construction Equipment, JCB Construction Machinery, Sany Heavy Industries Co. Ltd., Terex Corp, and others.
Wheeled Excavators Market by Product Type (Front End Loader and Backhoe Loader), and By Application (Mining & Quarrying, Infrastructure Activities, Waste & Recycling, Forestry, and Demolition) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Key Benefits
The study provides an in-depth analysis of the global wheeled excavators industry and current & future trends to elucidate imminent investment pockets.
Information about key drivers, restraints, opportunities, and their impact analysis on the market has been provided.
Porters five forces analysis illustrates the potency of buyers & suppliers that operate in the industry.
The quantitative analysis of the global wheeled excavators market from 2017 to 2023 has been provided to determine the market potential.
Wheeled Excavators Market Key Segments:
By Product Type
Front End Loader
Backhoe Loader
By Application
Mining & Quarrying
Infrastructure Activities
Waste & Recycling
Forestry
Demolition
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
The Middle East
Africa
Key Market Players
Caterpillar Inc
Deere & Company
Kobelco Construction Equipment
JCB Construction Machinery
Komatsu Ltd
Liebherr International AG
Sany Heavy Industries Co. Ltd
Terex Corp
Xuzhou Construction Machinery Group
Volvo Construction Equipment
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