openPR Logo
Press release

Construction Machinery Market Projected to Discern Stable Expansion During 2017 to 2026 | Key Players are Caterpillar Inc., Deere & Co., Hitachi Ltd., etc.

08-19-2019 12:19 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Construction Machinery Market Projected to Discern Stable

The purpose of this comprehensive forecast report presented by Fact.MR is to elaborate the various market projections impacting the global construction machinery market during the period through 2017-2028. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the construction machinery market during the forecast period.

Request for a Free Sample Report of Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=2459

Key Developments in Excavator Market

Deere & Co. – a leading American manufacturer of construction equipment – recently entered a supplier partnership with Wacker Neuson – a German supplier and distributor of construction equipment. The company aims to provide compact excavators in Asian excavator markets, such as China, Oceania, and Southeast Asia with this partnership, and capitalize on lucrative opportunities emerging in the region.
Caterpillar Inc. – world’s leading player in the excavator market – recently announced that the incorporation of its latest Cat Connect Technology in the design of its three new Next Generation 20-ton size class excavators—the 320 GC, 320 and 323—has resulted in enhanced efficiency, productivity, and reduced operating cost of excavators.
Volvo Construction Equipment and Services, Inc. announced that, with the use of cable-connected and dual-powered, 70-ton excavator prototype – EX1 in its ‘Electric Site’ research project, the company reduced carbon emissions by 98%, energy costs by 70%, and operational cost by 40%. The company carried out this experiment with its customer Skanska AB, a Swedish construction and development company.
Hitachi Construction Machinery Co., Ltd., a Japanese manufacturer of construction equipment, recently launched new generation of mining excavators – the EX-7 series, with which the company aims to introduce Industrial Internet of Things to the mining industry. The series includes excavators with sizes ranging from100 tons to 800 tons. Connectivity, productivity, and safety features to suit its mining-specific applications are among the salient features of these excavators.
Bobcat, a division of the Doosan Group, recently introduced its new E85 excavator, which is the largest machine launched by the company, to expand its R-Series of compact excavators. It is an 8.5-ton excavator with enhanced performance, operator comfort, and uptime protection features, and with this launch the company is aiming to establish a stronger position in the North American market.
Kato Works Co., Ltd., a Japanese player in the excavator market, recently launched new conventional excavators and compact tail excavator, which are integrated with environment-friendly EU Stage4/EPA Tier4 compliant engines. The company has launched new models of excavators with enhanced performance characteristics and environment-friendly features to gain momentum in developed markets.
The FactMR report provides in-depth information about recent developments in the excavator market. The report features a comprehensive list of leading stakeholders as well as new entrants in the excavators market, which includes Caterpillar Inc., Deere & Co., Hitachi, Ltd., KUBOTA Corporation, CNH Industrial N.V., Volvo Construction Equipment and Services, Inc., Doosan Bobcat Inc., Yanmar Co., Ltd., JCB, Inc., Nagano Industry Co., Ltd., KOBELCO Construction Machinery Co., Ltd., Kato Works Co., Ltd., BEML Limited, Guangxi LiuGong Machinery Co., Ltd., Sany Group Co. Ltd., Terex Corporation, XCMG Construction Machinery Co., Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., CAPPELLOTTO S.P.A., Rivard Companies Inc., and The Charles Machine Works, Inc.

According to the FactMR report, Caterpillar Inc., KUBOTA Corporation, and Doosan Bobcat Inc. are the Tier 1 manufacturers in the excavator market and they collectively account for around 30% revenue share. Tier 2 and Tier 3 players, including CNH Industrial N.V., Deere & Co., and Sany Group Co. Ltd., continue to grow rapidly to intensify the competitive environment in the excavator market. Due to the slowdown in the excavator market, a majority of manufacturers are focusing on introducing innovative performance features of excavators to boost sales. Leading vendors are investing in technology and R&D to capture lucrative sales opportunities in developed countries. Meanwhile emerging players in the excavator market are expanding their businesses in developed countries, where customers are more focused on enhanced efficiency than new designs of engines in excavators.

Have Any Question? Ask Our Industry Experts – https://www.factmr.com/connectus/sample?flag=AE&rep_id=2459

Research Methodology

A unique and robust market research methodology is followed by analysts at FactMR to reach the exclusive information on excavator market growth that is featured in this report. Analysts at FactMR follow a demand-side approach to estimate the future demand, sales, and supply of excavators across the globe. The forecasting methodology followed by FactMR analysts finds its base in primary research and secondary research methods. On interviewing market leaders, industry experts, researchers, governmental organizations, and stakeholders in the excavators market, analysts can reach certain qualitative and quantitative conclusions about growth of the excavator market.

Contact Us
FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at: https://insiderstribune.com

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Construction Machinery Market Projected to Discern Stable Expansion During 2017 to 2026 | Key Players are Caterpillar Inc., Deere & Co., Hitachi Ltd., etc. here

News-ID: 1823485 • Views:

More Releases from Fact.MR

Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C., Hydro Flask Lead - Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics. The market
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB Ltd, ANSYS, Inc, AT&T Inc, AVEVA Group plc, Bentley Systems
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 | Fact.MR Report
09-02-2025 | Health & Medicine
Fact.MR
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 2035
09-02-2025 | Health & Medicine
Fact.MR
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable

All 5 Releases


More Releases for Construction

Off-site Construction Market: Revolutionizing Construction
In the dynamic landscape of the construction industry, off-site construction has emerged as a game-changer, set to transform the way we build. The market, valued at USD 249.15 billion in 2022, is poised for a remarkable growth spurt, projecting a 5.8% increase in revenue to reach a staggering USD 369.72 billion by 2029. Know More About The Report: https://www.maximizemarketresearch.com/market-report/off-site-construction-market/169386/ Unlocking Off-site Construction: A Holistic Overview Off-site construction isn't just a building method; it's a
Future Prospects of Data Center Construction Market by 2029 - Whiting-Turner Con …
Datacenter physical facility in an enterprise is designed to share IT operations and equipment to store, process, and disseminate data and applications. The construction process refers to activities involved in the designing, planning, and construction of a facility. Datacenter costs comprise IT infrastructure, power distribution and cooling solutions, and several miscellaneous expenses. Get Sample Report with Latest Industry Trends Analysis: https://a2zmarketresearch.com/sample-request/674529 The top companies in this report include: Whiting-Turner Contracting, Turner Construction, Holder
Data Center Construction Market Analysis to 2028: Industry Growth, Size, Trends …
The Data Center Construction market report focused on the industry dynamics, including market growth elements. The report also identifies limitations and chances for high segments of market growth. Our world-renowned analyst team conducts a study that is a result of extensive primary and secondary research. The growth of the market is forecast with complex algorithms such as regression analysis, end-user analysis, etc. PESTEL analyses are the factors that influence global
Residential Construction Market Is Booming Worldwide | Hindustan Construction, S …
A new research document is added in HTF MI database of 384 pages, titled as 'Residential Construction Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &