Global Tracked Excavators Market to grow at a CAGR of 3.03% during the period 2017-2021

About Tracked Excavators

Excavators are heavy construction equipment that are used in construction, mining, quarrying, and other earthmoving operations. In terms of value, excavators are the highest selling equipment in construction and mining industries. They are the most popular construction equipment because of their requirement in various tasks, such as loading trucks, digging trenches and wells, excavation, and land leveling. In addition, excavators can integrate attachments, such as shears, grapples, and hydraulic breakers. There are different varieties of excavators based on size and power, ranging from mini excavators (1-10 T) to large excavators (35-90 T), that are used for mining and landscaping.

Technavios analysts forecast the global tracked excavators market to grow at a CAGR of 3.03% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global tracked excavators market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Tracked Excavators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Caterpillar
Komatsu
Hitachi Construction Machinery
Volvo Construction Equipment
XCMG Group
Other prominent vendors
BEML
J C Bamford Excavators
Deere & Company
Kobelco Construction Machinery
SANY GROUP
Terex
Menzi Muck
CNH Industrial
LARSEN & TOUBRO
Doosan
Hyundai Heavy Industries
LiuGong
KUBOTA
Liebherr
Mecalac
Tata Hitachi Construction Machinery
Takeuchi
Market driver
Increased government spending on infrastructure
For a full, detailed list, view our report

Market challenge
Construction equipment rental market
For a full, detailed list, view our report

Market trend
Integration of IoT in construction equipment for remote monitoring
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 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?

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