Excavator Market 2020 - Industry Forecast & Leading Key Players Analysis Report by 2025
DecisionDatabases recently present the global Excavator Market research report 2020 which reveals an extensive analysis of the global industry by delivering detailed information about upcoming market growth, trends, customer expectations, technological improvements, competitive dynamics, top manufacturers' assessment, and working capital in the industry. This is an in-depth study of the market enlightening key forecast to 2025.
An excavator is a construction vehicle used to dig or move large objects. It is made up of two parts: a driving base and a powerful boom arm with an attachment designed for digging. The operator sits inside a small cab attached to the base and controls the arm.
According to this study, over the next five years the Excavator market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 33700 million by 2024, from US$ 29500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Excavator business, shared in Chapter 3.
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The key manufacturers covered in this report:
- CAT
- Komatsu
- Doosan
- Volvo
- Hyundai
- Hitachi
- Kobelco
- Sumitomo
- John Deere
- Case Construction
- Kubota
- JCB
- SANY
- Zoomlion
- Liugong Group
- Sunward
Segmentation by product type:
- Mini Excavator
- Small Excavator
- Medium-sized Excavator
- Large-sized Excavator
Segmentation by application:
- Building/Real Estate
- Public Utilities
- Mining & Oil Well
- Others
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- …….
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Research objectives
- To study and analyze the global Excavator consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Excavator market by identifying its various subsegments.
- Focuses on the key global Excavator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Excavator with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Excavator submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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