Press release
Mini Excavators Market Demand in Future 2020-2027 by Focusing Covid 19 Impacts
Global mini excavators market size is expected to reach $11.9 billion in 2027 from $9.0 billion in 2019, growing at a CAGR of 5.4% from 2020 to 2027.Increase in demand for compact and robust equipment from various end users such as agriculture and construction is projected to drive the mini excavators market during the forecast period. Moreover, numerous ongoing construction and infrastructure development such as New Sharjah Airport and Wuhan Urban Rail Project are also anticipated to fuel the demand for mini excavators in coming years, especially in Asia and the Middle East. In addition, factors such as rapid urbanization and fast-growing construction industry in Asia-Pacific are expected to global mini excavators market. Moreover, growth in tourism significantly boosts investments toward infrastructure development projects in the Middle East, Asia-Pacific, and other regions, which, in turn, boosts demand for mini excavators.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/3305
Leading Players:
The key players profiled in this report include AB Volvo Group, Caterpillar Inc, Cukurova Ziraat, Deere & Company, Hitachi Construction Machinery Co Ltd, Hyundai Construction Equipment Co Ltd, J C Bamford Excavators Ltd, Kobe Steel Ltd, Komatsu Ltd, and Takeuchi Mfg. Co Ltd. These players in the global mini excavators market adopted product launch, product development, and business expansion as their key developmental strategies to meet change in demands from consumers. For instance, in December 2019, Hitachi Construction Machinery Co Ltd., a subsidiary of Hitachi Ltd. launched a new battery powered mini excavator prototype of 5 tons and battery capacity of 39 kw h. It is suitable for commercial and residential applications.
Mini excavators are compact and robust construction equipment that facilitate assistance in performing tasks and operations that were earlier suitable for heavy construction equipment or were labor intensive. Hence, mini excavators have large scope of applications among various activities, such as landscaping, digging, loading/unloading, material handling, and demolition across different industries. The global mini excavators market is anticipated to grow, owing to rapid urbanization and increase in infrastructure development projects. For instance, the Russia construction industry is expected to reach $182.62 billion with a CAGR of 2.8% from 2015 to 2024.
Get detailed COVID-19 impact analysis with Customization @
https://www.alliedmarketresearch.com/request-for-customization/3305?reqfor=covid
Global Mini Excavators Market Segments
By Capacity
• More Than 4 Tons
• Less Than 4 Tons
By End-user Industry
• Landscaping & Construction
• Agriculture
• Others
Key Findings Of The Study
• By capacity, the more than 4 tons segment dominated the global mini excavators market share in 2019.
• On the basis of end-user industry, the landscaping & construction segment is expected to generate high revenue in 2019.
• Region wise, Asia-Pacific dominated the market in 2019.
Have Any Query? Speak to Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/3305
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.
Contact Us:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
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 Mini Excavators Market Demand in Future 2020-2027 by Focusing Covid 19 Impacts here
News-ID: 2230769 • Views: …
More Releases from Allied Market Research
Winter Footwear Market 2026 : Expeditious Growth Expected in 2021 - 2031 | UGG, …
According to a new report published by Allied Market Research, titled, "Winter Footwear Market," The winter footwear market was valued at $8.6 billion in 2021, and is estimated to reach $13.6 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
"Numerous varieties of winter footwear are expected to boost the market growth in the foreseeable future. Moreover, incorporation of customization, as well as innovative winter footwear is…
Ergonomic Chair Market Research Insights: Uncovering CAGR and USD Growth Drivers …
An ergonomic office chair is mostly utilized in different firms and other business areas where employees operate in a sitting position for extended hours. Adjustable seats, brackets and natural postures, which minimize back discomfort and stress in the lengthy seating time, are the ergonomic chairs. Currently, the offices are selecting ergonomic office chairs over the standard office chair to make the workplace healthier, happier, and to boost employer productivity. The…
Ethnic Wear Market Forecasting Essentials: Interpreting CAGR and USD Projections …
According to a new report published by Allied Market Research, titled, "Ethnic Wear Market," The ethnic wear market size was valued at $89.3 billion in 2021, and is estimated to reach $177.2 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
The market for ethnic wear is mostly driven by the rising number of fashion influencers across the globe. It is difficult to overlook the importance of…
$8.9+ Billion Commercial Janitorial Equipment Market Value by 2031 with a 4.6% C …
According to a new report published by Allied Market Research, titled, "Commercial Janitorial Equipment Market," The commercial janitorial equipment market size was valued at $5.7 billion in 2021, and is estimated to reach $8.9 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031. There has been a surge in the number of restaurants, hotels, and hospitals across the globe, which further contribute to the demand for…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
