Global hydraulic excavator market is set to witness a steady CAGR of 2.25% in the forecast period of 2019 – 2026. The report contains data of the base year 2018 and historic year 2017. Increasing awareness about global warming and growing demand for commercial and residential spaces are the factor for the growth of this market.
Hydraulic Excavator Market Figures is now released by Data Bridge Market Research. Hydraulic Excavator Market report presents a complete assessment of covering future trend, Latest Trend, current growth factors, facts, and industry validated market data forecast till 2026. The report provides an in-depth analysis of the latest trends, business scenario, size and share of Major Competitors such as SCHWING Stetter (INDIA) Pvt. Ltd., Shandong Hekuang Heavy Industry Machinery Co.,Ltd, Zoomlion Heavy Industry Science&Technology Co., Ltd., Doosan Infracore, Deere & Company., TML Technik GmbH., among others.
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Market Drivers and Restraints:
- Increasing construction of the green building acts as a driver for this market growth
- Growing popularity of hybrid technology will propel the
- Rising need for large-scale project management is also driving the growth of this market
- Strict regulation associated with the construction machinery specially the emission of particulate matter; can also restrict the market growth
- High cost of the machinery will also hinder the growth of this market
By Type (Crawler, Mini, Wheeled),
By Power Rating (0-300 HP, 301-500 HP, Above 501 HP), End- User (Contractors, Rental providers, Others),
Based on the geography (North America, South America, Asia and Pacific region, Middle east and Africa, Europe)
Few of the major competitors currently working in the global hydraulic excavator market are Caterpillar, Hitachi Construction Machinery Co., Ltd., Komatsu India Pvt. Ltd., AB Volvo, JCB, Tata Hitachi Construction Machinery, Telcon Ltd, UTD Motor, Sumitomo Heavy Industries, Ltd, Bobcat Company., Kawasaki Heavy Industries, Ltd., Pon Cat, SANY GROUP, SCHWING Stetter (INDIA) Pvt. Ltd., among others.
Key Developments in the Market:
- In July 2019, Schwing Stetter India (SSI) announced the launch of XE80C, XE140I and XE215 C which is a new generation XCMG crawler hydraulic excavators which is specially designed for construction and mining industry. The main aim of the launch is to meet the rising demand for the hydraulic excavators in different industries and with advance technologies they will be able to serve better and smart products to the market
- In February 2019, Tata Hitachi announced the launch of their two new backhoe loader Shinrai Backhoe and EX130 Super+ hydraulic excavators. This new products have new technologies and advanced feature in order to meet the need and requirement of the people
Global hydraulic excavator market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hydraulic excavator market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.
Potential Held by the Report:
- Recent industry trends and developments
- Market Penetration: Comprehensive information on the product portfolios of the top players in the trocars market
- To gain insightful analyses of the market and have a comprehensive understanding of the “Hydraulic Excavator Market” and its commercial landscape
- To understand the future outlook and prospects for market analysis and forecast 2018-2025.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market
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