The global excavator market did not perform well recently, due to the weakening demand in China and extensive overcapacity worldwide. However, considerable growth is anticipated in the coming years. Moreover, there is a growing demand for fuel-efficient excavators, propelling growth prospects in the global excavator market. The trend of fuel-efficient excavators is gaining huge prominence across the globe.
The continuous technological improvements coupled with growing construction spending, high investments in infrastructure projects and commercial activities such as mining will drive the global excavator market in coming years.
As per the report "Global Excavator Market: 2016 Edition," the demand for the global excavator market will be driven by accelerating economic growth, rapid urbanization and increasing construction expenditure. Some of the noteworthy trends and developments of this industry are the growing demand for fuel-efficient excavators, usage of high-efficiency hydraulic fluids and introduction of new products. However, the expansion of the market is hindered by high maintenance costs and stringent regulations.
The report offers in-depth analysis and overview of the global excavator market, global hydraulic excavator market and construction equipment market scenario along with in-depth regional analysis of major excavator producers and consumers. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.
- Caterpillar Inc.
- Komatsu Ltd.
Key Topics Covered:
1. Excavator Market - An Introduction
2. Construction Equipment Market Analysis
3. Excavator Market Analysis
4. Hydraulic Excavator Market
5. Market Dynamics
6. Competitive Landscape
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/j8hhvf/global_excavator.