Mini Excavators Market - Roadmap for Recovery from COVID-19 | Emergence Of Additive Manufacturing to Boost the Market Growth | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the mini excavators market and it is poised to grow by USD 4.89 bn during 2020-2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

• What are the major trends in the market?
  Increasing manufacturers’ emphasis on electric mini excavators is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 8.55% and the incremental growth of the market is anticipated to be $ 4.89 bn.
• Who are the top players in the market?
  Caterpillar Inc., CNH Industrial NV, Doosan Corp., Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Komatsu Ltd., Kubota Corp., Sany Group Co. Ltd., Takeuchi Mfg. Co. Ltd., and Yanmar Holdings Co. Ltd., are some of the major market participants.
• What is the key market driver?
  The emergence of additive manufacturing is one of the major factors driving the market.
• How big is the APAC market?
  The APAC region will contribute 40% of the market share.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Caterpillar Inc., CNH Industrial NV, Doosan Corp., Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Komatsu Ltd., Kubota Corp., Sany Group Co. Ltd., Takeuchi Mfg. Co. Ltd., and Yanmar Holdings Co. Ltd. are some of the major market participants. The emergence of additive manufacturing will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Mini Excavators Market 2020-2024: Segmentation

Mini Excavators Market is segmented as below:

• End-user
  • Construction
  • Utility
  • Agriculture And Forestry
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Mini Excavators Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The mini excavators market report covers the following areas:

• Mini Excavators Market Size
• Mini Excavators Market Trends
• Mini Excavators Market Industry Analysis

This study identifies increasing manufacturers’ emphasis on electric mini excavators as one of the prime reasons driving the mini excavators market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Mini Excavators Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist mini excavators market growth during the next five years
• Estimation of the mini excavators market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the mini excavators market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of mini excavators market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• Preface
• Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Value-chain analysis
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Construction - Market size and forecast 2019-2024
• Utility - Market size and forecast 2019-2024
• Agriculture and forestry - Market size and forecast 2019-2024
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing manufacturers’ emphasis on electric mini excavators
• Emergence of additive manufacturing
• Manufacturers’ focus on enhancing efficiency and comfort of
• mini excavators

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Caterpillar Inc.
• CNH Industrial NV
• Doosan Corp.
• Hitachi Construction Machinery Co. Ltd.
• J.C. Bamford Excavators Ltd.
• Komatsu Ltd.
• Kubota Corp.
• Sany Group Co. Ltd.
• Takeuchi Mfg. Co. Ltd.
• Yanmar Holdings Co. Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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