Excavators Market 2017 - Caterpillar Inc. (U.S.), Hitachi Construction Machinery Co., Ltd. (Japan), Komatsu Ltd. (Japan), Volvo Construction Equipment (Belgium)

Market Scenario:
Excavators are self-powered hydraulic machines which are used for discharge and excavation with the help of a digging bucket at end of two-part articulated arm. Excavators are heavy construction machines, which are used in applications such as well sinking, trench digging and land levelling.

The growth of the excavators market is majorly driven by huge investments in infrastructure projects and commercial activities such as mining which have led to an increased use of excavators. Stringent regulations relating to emission control have led to the development of environment friendly equipment, which is expected to drive the demand of excavators market during the forecast period. Rising collaboration between rental fleet owners and excavator manufacturers are also expected to drive the growth of the market as they provide excavators al very low cost. The emphasis of excavator manufacturers on development of efficient and technologically advanced products with better control systems is making the use of excavators easier, thereby driving the growth of the market. The growth of the market will be restrained by factors such as high maintenance costs, need for technical support and increased emission norms.

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Regional Analysis:
Asia Pacific is dominating the global excavator market, led by the growth in infrastructure development and rise in urbanization in developing nations such as china. The booming construction market in the region is further expected to drive the growth of the market. In Europe region, the excavator market is observing a decline due to decrease in construction expenditure and low-investment in non-residential construction and infrastructure market.

Key Players:
The key players of Excavators market are Caterpillar Inc. (U.S.), Hitachi Construction Machinery Co., Ltd. (Japan), Komatsu Ltd. (Japan), Volvo Construction Equipment (Belgium), Xuzhou Construction Machinery Group (XCMG) (China), Terex Corporation (U.S.), JCB Ltd. (U.K.), Sandvik AB (Sweden), Hyundai Heavy Industries Co., Ltd. (South Korea) and others.

Intended Audience:
Excavators manufacturers
Distributer & Supplier companies
End Users
consultants and Investment bankers
Government as well as Independent Regulatory Authorities

Scope of the Report:
This study provides an overview of the Global Excavators Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Excavators Market by its type, end-user, application and region.

By Types
• mini/compact
• crawler/wheeled

By End user
• Contractors
• rental providers
• Others

By Application
• Mining
• Construction
• Utility

By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

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