Excavator Market in Mexico 2015-2019

  • TEC250637
  • 57 Pages
  • June 2015
  • Machines
About Excavators

An excavator is a highly versatile heavy construction machinery used for various applications such as below and above ground level operations, including leveling of land, digging of trenches, and sinking of wells. They excavate, move, or lift materials with the help of a bucket fitted to the boom. These are self-propelled machines that move using crawlers or wheels.

Technavio's analysts forecast the excavator market in Mexico to grow at a CAGR of 6.2% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the excavator market in Mexico for 2015-2019. It also includes the historical sales of excavators in the construction equipment market in Mexico. The market size is determined by the consumption value of excavators, and the growth prospects of the market have been estimated after an analysis of the present condition of the market. In addition, the report discusses the major drivers influencing the growth of the market, the major challenges faced by vendors and the market at large, and the key trends emerging in the market.

Key Vendors
Sany Group
Volvo Construction Equipment

Other Prominent Vendors
Liebherr Group
Sumitomo Construction Machinery

Market Driver
Development of mining industry
For a full, detailed list, view our report

Market Challenge
High manufacturing costs
For a full, detailed list, view our report

Market Trend
Rise in demand for customized excavators
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?
What are the strengths and weaknesses of the key vendors?
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