Earthmoving Equipment Market in Spain 2015-2019

  • TEC250905
  • 65 Pages
  • July 2015
  • Machines
About Earthmoving Equipment

Earthmoving equipment is heavy equipment used in the construction industry for moving large amounts of earth, digging building foundations, and landscaping. Earthmoving equipment include excavators, loaders, and construction tractors. The earthmoving equipment market is a major segment of the construction equipment market.

A surge in construction activities in Spain has led to a rise in demand for earthmoving equipment. The earth equipment market in Spain grew by 2.06% in 2014. A rise in construction activities has increased the demand for excavators and loaders considerably.

Technavio's analysts forecast the earthmoving equipment market in Spain to grow at a CAGR of 2.28% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the earthmoving equipment market in Spain for 2015-2019. The market size has been calculated based on the total revenue generated from the earthmoving equipment in Spain. It does not consider the sales of used equipment as well as the revenue generated from the contracts and maintenance.

Technavio's report, Earthmoving Equipment Market in Spain 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
Bell Equipment Spain
Hitachi Construction Machinery
Liebherr Industrias Metlicas

Other Prominent Vendors
Hyundai Heavy Industries
Volvo Group

Market Driver
Recovery of Construction Industry
For a full, detailed list, view our report

Market Challenge
High Cost of Raw Materials
For a full, detailed list, view our report

Market Trend
Growing Demand from Equipment Rental Business
For a full, detailed list, view our report

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?
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