Excavators Market Latest Industry Size & Share, Business Strategies, Major Segments and Key Manufacturers Revenue Forecast

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The rising demand for excavators across industrial, residential, and commercial sectors has created growth opportunities for the global market. Excavators are used widely in various sectors such as oil and gas, road construction, and mining. The rising demand for excavators, resulting from their applications across diverse domains will aid the growth of the global excavator market in the coming years.

Report Highlights:

• A comprehensive overview of the Excavators Market

• Significant factors boosting, restricting, challenging and providing an opportunity to the market

• Key insights and major industry developments

• Significant players functioning in the Excavators Market

• Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others

• Other market trends

List of the leading companies that are operating in the global excavator market are:

• AB Volvo

• Caterpillar Inc.

• Komatsu Ltd

• Doosan Infracore Co. Ltd

• Hitachi Construction Machinery Co. Ltd

• C. Bamford Excavators Limited

• Liebherr Group

• CNH Industrial N.V

• Hyundai Heavy Industries Co. Ltd

• Terex Corporation

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“Hitachi’s Launch of Hybrid Excavator Will Aid Overall Expansion of Market”

The global excavator market has benefited from increasing product launches. Demand for aesthetic improvements in government institutions has opened the doors for product innovations, mainly possible due to the high investment. In the wake of soaring demand for excavators around the world, several companies have introduced excavators based on new concepts. In 2017, Hitachi launched a new hydraulic excavator that can be operated with minimum fuel consumption. The company stated that its latest product will enable a 12% reduction in fuel consumption from its previous model. Fortune Business Insights states that innovations focusing on environmental preservation will have an edge over their counterparts. The report includes product launches similar to Hitachi’s newest innovation and gauges the impact of these launches on the global market.

Regional Analysis for Excavators Market:

• North America (the USA and Canada)

• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

• Latin America (Brazil, Mexico and Rest of Latin America)

“Volvo Successfully Overcomes ‘Heavy Battery’ Barrier in Excavators; Global Market to Benefit from Latest Upgrade”

The global excavator has been blessed with several product innovations. Despite growing advancements, end-users were not fully satisfied with the heavy battery that was accommodated in the excavator system. As it is impossible to eliminate the use of a battery, Volvo came up with a new concept wherein it turned the disadvantage of the heavy battery into an advantage. Volvo brought about several upgrades in the design of its latest excavator, thereby inculcating an optimum use of the heavy battery. Fortune Business Insights predicts that the newest concepts introduced by leading companies such as Volvo will enable the growth of the global excavator market.

Besides product innovations and launches, the report encompasses several other aspects that have a positive impact on the global market. A few of these aspects include company mergers, increasing investment, and technologically efficient devices. Additionally, the report focuses on the segmentation of the market based on factors such as product type, application, and regional demographics.

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The report answers the following questions:

• What are the recent excavators market trends and developments?

• How will the market be affected by changing consumer behavior?

• Which strategies are being adopted by key players to enhance their market footprint?

• Which region will remain in the dominant position in terms of revenue?

• How many niche segments are present in the market?

Major Table of Contents:

1. Introduction
   • Research Scope

   • Market Segmentation

   • Research Methodology and Assumptions

2. Executive Summary

3. Market Dynamics
   • Drivers, Restraints and Opportunities

4. Key Insights
   • Macro and Micro Economic Factors

   • Key Technological Trends and Developments

   • Price Trend Analysis

   • Porters Five Forces Analysis

5. Global Excavator Market Analysis, Insights and Forecast, 2015-2026
   • Key Findings / Summary

   • Market Sizing Estimations and Forecasts By Type (USD Mn)
     • Mini/ Compact Excavator

     • Crawler Excavator

     • Wheeled Excavator

     • Other Excavator

   • Market Sizing Estimations and Forecasts By End-users (USD Mn and Million Units)
     • Construction

     • Forestry and Agriculture

     • Mining

     • Others

   • Market Analysis, Insights and Forecast By Geography (USD Mn)
     • North America

     • Europe

     • Asia Pacific

     • Middle East and Africa

     • Latin America

1. North America Excavator Market Analysis, Insights and Forecast, 2015-2026
   • Key Findings / Summary

   • Market Sizing Estimations and Forecasts By Type (USD Mn)

TOC Continued…….!

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