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The global excavators market was valued at US$46.056 billion in 2018 and is expected to grow at a CAGR of 4.98% over the forecast period to reach US$61.633 billion by 2024. Geographically, Asia Pacific region has the largest market share due to the increasing infrastructure development and automation industry.
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Excavators Market Forecast From 2019 to 2024
DESCRIPTION The global excavators market was valued at US$46.056 billion in 2018 and is expected to grow at a CAGR of 4.98% over the forecast period to reach a total market size of US$61.633 billion by 2024. Excavator is one of major machines used in building and construction industry for a wide range of applications including excavating, moving construction material and removing debris among others.
Key Questions Answered By The Report • What will be theExcavators Market from 2019 to 2024? • How are the major drivers and restraints affecting the Excavators Market . • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Excavators Market are : • By Type • Crawlers and Wheel-Based • Mini Excavators • By Customer Type • Regular Customers • Rental Companies • By End User • Residential • Commercial • Industrial
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES Caterpillar Komatsu Ltd AB Volvo Hitachi Construction Machinery Co., Ltd. Liebherr Hyundai Construction Equipment Zoomlion Heavy Industry Science & Technology Co., Ltd. Terex Corporation Doosan Infracore Deere & Company
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