Press release
Global Mini Excavator Market to grow at a CAGR of 11.46 % over Forecast 2015-2019
Albany, NY, Nov 09: Mini excavators, commonly known as compact excavators, are tracked or wheeled vehicles. They weigh approximately 0.7-8.5 tons and are unique compared to other excavators. Due to their small size, mini excavators can fit through doorways and can be used to carry out work at mining sites.The global mini excavators market to grow at a CAGR of 11.46 % over the period 2014-2019. APAC dominated the market in 2014; this growth is likely to continue during the forecast period as result of government initiatives toward the development of urban infrastructure in countries such as China, India, and Japan. Further, resurge in the construction industry in Europe after a steep decline during 2010-2013, owning to global economic crisis, has also contributed to market growth.
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This report covers the present scenario and the growth prospects of the global mini excavator market for the period 2015-2019. The market size has been calculated based on the total revenue generated from the consumption of mini excavators. It does not consider the sales of used equipment and the revenue generated from contracts and maintenance.
The report also presents the detailed analysis of the geographical segmentation based on the consumption of mini excavator. In addition, it presents the detailed analysis of the key vendors in the market. The report also discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Key regions
- Americas
- APAC
-0 EMEA
Key vendors
- Caterpillar
- Hitachi Construction Machinery
- John Deere
- Komatsu
- Volvo
Other prominent vendors
- Bharat Earth Movers
- ukurova Ziraat
- Doosan Heavy Industries & Construction
- Guangxi LiuGong Machinery
- Sany Group
- Terex
- XCMG
- Zoomlion Heavy Industry Science and Technology
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Key questions answered in the report include -
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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