Machines

Global Mini Excavator Market 2015-2019 - Industry Analysis

  • TEC337233
  • 71 Pages
  • October 2015
  • Machines
About mini excavator
Mini excavators, commonly known as compact excavators, are tracked or wheeled vehicles. They weigh approximately 0.7-8.5 tons and are unique compared to other excavators. Due to their small size, mini excavators can fit through doorways and can be used to carry out work at mining sites.

APAC dominated the market in 2014; this growth is likely to continue during the forecast period as result of government initiatives toward the development of urban infrastructure in countries such as China, India, and Japan. Further, resurge in the construction industry in Europe after a steep decline during 2010-2013, owning to global economic crisis, has also contributed to market growth.

Technavio's analysts forecast the global mini excavators market to grow at a CAGR of 11.46 % over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global mini excavator market for the period 2015-2019. The market size has been calculated based on the total revenue generated from the consumption of mini excavators. It does not consider the sales of used equipment and the revenue generated from contracts and maintenance.

The report also presents the detailed analysis of the geographical segmentation based on the consumption of mini excavator. In addition, it presents the detailed analysis of the key vendors in the market. The report also discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key regions
Americas
APAC
EMEA

Key vendors
Caterpillar
Hitachi Construction Machinery
John Deere
Komatsu
Volvo

Other prominent vendors
Bharat Earth Movers
ukurova Ziraat
Doosan Heavy Industries & Construction
Guangxi LiuGong Machinery
Sany Group
Terex
XCMG
Zoomlion Heavy Industry Science and Technology

Market driver
Increased investment in infrastructure development
For a full, detailed list, view our report

Market challenge
Lack of technical expertise
For a full, detailed list, view our report

Market trend
Equipment leasing
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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