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(Transportation-News.com, April 22, 2017 ) About mini excavator 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.
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.
Publisher's analysts forecast the global mini excavators market to grow at a CAGR of 11.46 % over the period 2014-2019.
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Covered in this report 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 - EMEA
Key vendors - Caterpillar - Hitachi Construction Machinery - John Deere - Komatsu - Volvo
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Other prominent vendors - Bharat Earth Movers - Çukurova Ziraat - Doosan Heavy Industries & Construction - Guangxi LiuGong Machinery - Sany Group - Terex - XCMG - Zoomlion Heavy Industry Science and Technology
Market driver - Increased investment in infrastructure development - For a full, detailed list, view our report
Market challenge - Lack of technical expertise - For a full, detailed list, view our report
Market trend - Equipment leasing - For a full, detailed list, view our report.
Companies Mentioned:
Caterpillar Hitachi Construction Machinery Komatsu John Deere Volvo Construction Equipment Bharat Earth Movers Çukurova Ziraat Doosan Heavy Industries & Construction Guangxi LiuGong Machinery JCB Sany Group Terex XCMG and Zoomlion Heavy Industry Science,Technology.
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