Mini Excavators Market is Expected to Reach $9.77 Billion, By Top Leading Companies: AB Volvo, Caterpillar, Inc., ukurova Ziraat, Deere & Company, Hitachi, Ltd., Hyundai Construction Equipment, Co., Ltd., J C Bamford Excavators, Ltd., Kobe Steel, Ltd., Ko

The fast-growing economies in the Asian and African countries have been resulting in rapid urbanization and the growing construction industry in the regions. Subsequently, the significant number of ongoing construction and infrastructure development-related projects is projected to boost the demand for mini excavators in the region. These are expected to provide substantial lucrative business opportunities for the mini excavators manufacturers during the forecast period.

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The new report published by Allied Market Research, titled, Mini Excavators Market by End-user Industry (Construction, Agriculture, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025 presents a comprehensive analysis of the mini excavators market by assessing the current commercialization, specific adoption, key market trends and challenges, growth opportunities, top market players and their key growth strategies along with competitive market landscape. According to the report, the global mini excavator market was pegged at $7.23 billion in 2017 and is projected to reach $9.77 billion by 2025, registering a CAGR of 4.4% from 2018 to 2025.

Growth in construction sector, benefits associated with use of mini excavators such as compact size & durability, and increased demand for robust, effective, and mobile construction equipment boost the growth of the industry. On the other hand, lack of skilled operators and technicians poses as a threat to the market growth. In the future, standardization of mini excavators would offer lucrative opportunities for growth of the market.

The study offers an in-depth analysis of the end user industries including construction, agriculture, and others. The construction industry accounted for nearly half of the total market revenue in 2017 and is expected to maintain its leading position through 2025, registering a CAGR of 3.2% during the forecast period. However, the others segment, which comprises OEMs, forestry, supply chain management, is projected to grow the fastest during 2018-2025.

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The study offers a country-level analysis of the mini excavators market across various regions, which include North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). As per the report, the Asia-Pacific region is expected to lead the global market through 2025, registering the highest CAGR of 4.9% from 2018 to 2025.

The prominent players analyzed in the report include 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. Market players have adopted several organic growth strategies, such as product launches to gain a strong position in the global 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

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