DUBLIN--(BUSINESS WIRE)--The "Mini Excavators Market by End-user Industry - Global Opportunity Analysis and Industry Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.
According to the report, the mini excavators market size was valued at $7.23 billion in 2017 and is expected to reach $9.77 billion by 2025, registering a CAGR of 4.4% from 2018 to 2025.
The construction segment dominated the mini excavators market, accounting for more than one-third share of the total revenue by the end-user industry. The advancement of technology and engineering capabilities has increased their performance and has provided alternatives to heavier construction equipment.
Moreover, the growing popularity of compact construction equipment is expected to provide profitable business opportunities for the market players during the forecast period. In addition, the significant number of ongoing construction and infrastructure development projects is also projected to fuel the demand for the mini excavators market throughout the forecast period.
The mini excavators find applications across different end-users, owing to the wide scope of applications in activities, such as landscaping, demolishing, picking, excavating, and others.
As a result, the construction industry accounted for a significant share in terms of revenue in the global mini excavators market. However, rising inclination towards original equipment manufacturers (OEMs) and specialized construction equipment is expected to witness more attractive CAGR growth rate of 5% during the forecast period.
Key Findings
- In terms of market share, the construction industry generated the maximum revenue in 2017 and is expected to grow at a CAGR of 3.2% during the forecast period.
- Asia-Pacific is anticipated to grow at a CAGR of 3.37% from 2018 to 2025 and reach $3.37 billion by 2025.
- North America accounted for almost one-fourth of the market share in 2017 and is expected to reach $1.91 billion by 2025 registering a CAGR of 2.2% from 2018 to 2025.
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Mini Excavators Market, by End-User Industry
Chapter 5 Mini Excavators Market, by Geography
Chapter 6 Company Profile
- Akebono Brake Industry Co. Ltd.
- Altra Industrial Motion Corp.
- Antec S.A.
- Deere & Company
- Hitachi Ltd.
- Hyundai Construction Equipment Co. Ltd.
- J.C. Bamford Excavators Ltd.
- Pintsch Bubenzer GmbH (Subsidiary of Pintsch Bamag Antriebs- Und Verkehrstechnik GmbH)
- Komatsu Ltd.
- Takeuchi Mfg. Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/bpzgqx/the_9_77bn?w=4
