Excavators are used in construction activities to dig and scoop materials from land. The equipment primarily comprise a bucket that is attached to a boom, and a rotating platform that is usually mounted on crawlers or wheels. Excavators have many utilities in activities, such as levelling of land, digging of trenches, and sinking of wells.
In 2014, the demand for excavators grew by 6.2% year-on-year in France. The demand has been increasing since, and at a rapid pace. Increase in construction activities has been driving the excavator market in France. Currently, as of Q1 2015, large-scale investment is taking place in the country, particularly in the construction of new power plants and development of transport infrastructure.
Moreover, we expect the forthcoming UEFA EURO 2016 to inflate the volume of tourist traffic in the country. As of 2014, the total inbound tourists to France was 83.7 million. Major initiatives are being taken for development of transport infrastructure. In 2014, the Ministry of Railway in France approved a proposal for the construction of two high-speed railway lines between Bordeaux Southeast and Toulouse, and Bordeaux and Spain. The project is slated to start by 2017.
Besides, there is a lot of emphasis on reducing the nuclear energy consumption by 50% in the country by 2050. The government is actively focused on the development of renewable energy infrastructure. Upcoming projects in that direction will also likely propel the demand for excavators in France.
However, a cut in government spending may hamper market growth. Presently, the Government of the French Republic is facing high public debt, which increased by 95.4% in 2014. The country has plans of reducing its spending in various segments, including infrastructure projects, to address the public deficit, which may have adverse effect on the growth of the construction sector and, consequently, the excavator market in France.
Technavio analysts forecast the excavator market in France to grow at a CAGR of 6.80% during 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the excavators market in France for the period 2015-2019. The market size is calculated based on the total revenue generated from the sales of excavators at consumption side in France. We do not consider the sale of used equipment and the revenue generated from contracts and maintenance.
We also present a detailed analysis of the four key vendors in the market through this report. In addition, we discuss the major drivers influencing market growth and also outline the challenges facing the vendors and the market as a whole. We evaluate the key trends emerging in the market as well.
Hitachi Construction Machinery
Other Prominent Vendors
Hyundai Heavy Industries Europe
Increased Investment in Transport Infrastructure
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High Manufacturing Cost
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Growth of Equipment Rental Business
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Key Questions Answered in this Report
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?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Economy Overview: France
06.1 Ease of Doing Business in France
06.2 Structural and Cohesion Funds France 2014-2020
07. France Construction Industry Overview
08. Excavators Market Overview
09. Market Landscape
09.1 Excavators Market in France: Market Size and Forecast
09.2 Five Forces Analysis
10. Market Segmentation by Type
10.1 Mini Excavators Market in France
10.2 Crawler Excavators Market in France
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.1.1 Key News
18.2 Other Prominent Vendors
19. Key Vendor Analysis
19.1.1 Key Facts
19.1.2 Business Overview
19.1.3 Business Segmentation by Revenue 2013
19.1.4 Business Segmentation by Revenue 2012 and 2013
19.1.5 Geographical Segmentation by Revenue 2013
19.1.6 Business Strategy
19.1.7 Recent Developments
19.1.8 SWOT Analysis
19.2 Hitachi Construction Machinery
19.2.1 Key Facts
19.2.2 Business Overview
19.2.3 Business Segmentation by Revenue 2013 and 2014
19.2.4 Geographical Segmentation by Revenue 2014
19.2.5 Business Strategy
19.2.6 Recent Developments
19.2.7 SWOT Analysis
19.3.1 Key Facts
19.3.2 Business Overview
19.3.3 Business Segmentation by Revenue 2014
19.3.4 Business Segmentation by Revenue 2013 and 2014
19.3.5 Geographical Segmentation by Revenue 2014
19.3.6 Business Strategy
19.3.7 Recent Developments
19.3.8 SWOT Analysis
19.4.1 Key Facts
19.4.2 Business Overview
19.4.3 Business Segmentation by Revenue 2013 (including areas of operations)
19.4.4 Business Segmentation by Revenue 2012 and 2013
19.4.5 Geographical Segmentation by Revenue 2013
19.4.6 Recent Developments
19.4.7 SWOT Analysis
20. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Economic Indicators 2013
Exhibit 3: Ease of Doing of Business in France 2015
Exhibit 4: Construction Industry: Market Size 2014 ($ billion)
Exhibit 5: Excavators Market Share in the Earthmoving Equipment Market in France 2014-2019
Exhibit 6: Excavators Market in France: Market Size and Forecast 2014-2019 ($ million)
Exhibit 7: Excavators Market: Segmentation by Type 2014-2019
Exhibit 8: Mini Excavators Market: Size and Forecast 2014-2019 ($ million)
Exhibit 9: Crawler Excavators Market: Size and Forecast 2014-2019 ($ million)
Exhibit 10: Caterpillar: Business Segmentation by Revenue 2013
Exhibit 11: Caterpillar: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 12: Caterpillar: Geographical Segmentation by Revenue 2013
Exhibit 13: Construction Segment Sales 2011-2013 (US$ billion)
Exhibit 14: Hitachi Construction Machinery: Business Segmentation by Revenue 2013 and 2014 (US$ million)
Exhibit 15: Hitachi Construction Machinery: Geographical Segmentation by Revenue 2013
Exhibit 16: Komatsu: Business Segmentation by Revenue 2014
Exhibit 17: Komatsu: Business Segmentation by Revenue 2013 and 2014 ($ billions)
Exhibit 18: Komatsu: Geographical Segmentation by Revenue 2014
Exhibit 19: Liebherr: Business Segmentation by Revenue 2013 (including areas of operations)
Exhibit 20: Liebherr: Business Segmentation by Revenue 2012 and 2013 ($ billion)
Exhibit 21: Liebherr: Geographical Segmentation by Revenue 2013