Press release
Global Compact Excavator Market 2017: Demand for Electric Compact Excavators to Gain Traction by 2026-end
Fact.MR
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The demand for compact excavators will witness a sluggish traction in the upcoming years. The report has assessed that during the forecast period, 2017-2026, the global compact excavators market will expand at a CAGR of 2.7%. By the end of 2026, 173.6 Bn compact excavators will be sold across the globe. Key highlights from the report mentioned below reveal the future prospects of manufacturing and applications of compact excavators.
Construction to Represent Largest End-use Vertical for Compact Excavators
The report has analyzed the global compact excavators market on the basis of their end-use across industrial verticals. The findings reveal that nearly three-fourth share of compact excavators sold in the global market will be used in construction sector. The demand for compact excavators in mining sector is also expected to gain traction towards the latter half of the forecast period. With respect to the operating weights, higher end-use in construction sector will be driving the demand for compact excavators with 4000-10000 lbs. capacity. By the end of 2026, over 80 Bn compact excavators with 4000-10000 lbs. operating weight capacity are expected to be sold globally.
Demand for Electric Compact Excavators to Gain Traction by 2026-end
The report has also projected that tail swing compact excavators will be a top-selling product in the global market throughout the forecast period. On the other hand, zero tail swing compact excavators are expected to register a relatively high CAGR of 2.8% in terms of volume. On the basis of motor-type analysis, the demand for compact excavators with electric motors will surge in the latter half of the forecast period. Diesel compact excavators are expected to register largest revenue share of nearly 90% in the global compact excavators market through 2026.
Browse Full Report with TOC- https://www.factmr.com/report/370/compact-excavator-market
Table of Content:
1. Global Economic Outlook
2. Global Compact Excavators Market - Executive Summary
3. Global Compact Excavators Market Overview
4. Global Compact Excavators Market Analysis and Forecast 2012-2026
5. North America Compact Excavators Market Size and Forecast, 2012-2026
7. Europe Compact Excavators Market Size and Forecast, 2012-2026
8. Japan Compact Excavators Market Size and Forecast, 2012-2026
9. APEJ Compact Excavators Market Size and Forecast, 2012-2026
10. MEA Compact Excavators Market Size and Forecast, 2012-2026
11. Global Compact Excavators Market Company Share, Competition Landscape and Company Profiles
12. Research Methodology
13. Secondary and Primary Sources
14. Disclaimer
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive 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.
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