Excavator Market in South Korea 2015-2019

  • TEC250805
  • 52 Pages
  • July 2015
  • Machines
About Excavator Market in South Korea

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

Technavio's analysts forecast the excavator market in South Korea to grow at a CAGR of 7.18 % over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the excavator market in South Korea for the period 2015-2019. To calculate the market size, the report considers the consumption value of excavators in South Korea. The performance of the excavator market in South Korea is forecast with the help of the predicted CAGR after analyzing the present condition of the market. The report presents four key vendors and a detailed analysis of these vendors. It also discusses growth drivers, the challenges faced by vendors and the industry as a whole, as well as key trends emerging in the market.

Key Vendors
Doosan Infracore

Other Prominent Vendors
Liebherr Group

Market Driver
Upcoming 2018 Winter Olympics
For a full, detailed list, view our report

Market Challenge
Jeonse System
For a full, detailed list, view our report

Market Trend
Investments in Construction Sector
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2018 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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