Machines

Excavator Market in China 2015-2019

  • TEC250511
  • 54 Pages
  • June 2015
  • Machines
About Excavators

Excavators are used for demolition, lifting of heavy objects, and for digging purposes. There are two types of excavators: wheeled or crawler excavators and minicompact excavators. Wheeled excavators are used for large construction projects, whereas mini excavators are utilized at mining sites. The demand for excavator is likely to increase in China because of the emergence of large-scale projects in the Railways and Oil and Gas sectors and construction of new cities.

TechNavio's analysts forecast the Excavator Market in China to grow at a CAGR of 10.09 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Excavator Market in China for the period 2015-2019. The market is divided into the following segments: CrawlerWheeled Excavators and MiniCompact Excavator.

TechNavio's report, Excavator Market in China 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 also includes a discussion of the key vendors operating in this market.

Key Vendors
Guangxi LiuGong Machinery
Sany Group
XCMG Construction Machinery
ZOOMLION

Other Prominent Vendors
Caterpillar
Hitachi Construction Machinery
Komatsu
Volvo Construction Equipment

Market Driver
Infrastructure Development
For a full, detailed list, view our report

Market Challenge
High Maintenance Cost
For a full, detailed list, view our report

Market Trend
Development of Environment-friendly Equipment
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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