Excavator’s also known as hydraulic excavators are heavy construction equipment that plays an important role in the global construction equipment market. Excavator is one of the major segments of the construction equipment industry. It is widely used in applications such as commercial construction, mining, residential construction and sewage disposal. An excavator comprises a backhoe called rear actor or back actor, dipper or a stick, digging bucket and cab on a rotating platform known as a house.
The backhoe draws towards itself the bucket attached. The dipper or dipper stick carries the bucket. The digging bucket digs the soils from the ground while the cab on the rotating platform dumps the soil at the required place. Excavator is used to excavate soil of different forms. There are various types of excavators available in the market. They are also available in different power ranges. In terms of power range, the excavators backhoe market can be segmented into 0-300 HP, 301-500 HP and 501 HP & above.
Read Complete Report With TOC:
In terms of type, the excavator market can be divided into mini, heavy, wheeled and crawler. Mini excavator is also known as compact excavator. It is smaller in size and thus called mini excavator. It weighs from 0.7 to 8.5 tons. Mini excavator consists of a backfill blade and a boom swing. Heavy excavators are the usual hydraulic excavators with backhoe, dipper, digging bucket and cab. Crawler excavator is a crawling digger designed to dig or move large objects. It runs or moves on a crawler chassis.
Wheeled excavators are excavator with wheels. The crawler excavator segment dominated the global excavators market in 2015. It was followed by the mini excavator segment. This was due to the increasing demand for technologically advanced and fuel-efficient excavators. The global excavator backhoe market is segmented by product type, application and geography.
On the basis of application, the global excavator backhoe market is segmented into infrastructure, mining, waste management and so on. The product is used to place armors and large rocks, move construction materials and other construction waste in the infrastructure market. Excavator backhoe is used to dig the ground for extraction of ores in the mining industry. In waste management, excavators are employed to carry large heaps of waste from one place to another for disposal.
Request A Sample Copy Of This Report at:
The global excavator backhoe market is expected to grow during the forecast period due to the increase in investments in construction and mining sectors and rise in awareness about waste management. On the basis of geography, the global excavator backhoe market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific dominates the largest market share in the global excavator backhoe market, led by the growth in infrastructure development and rise in urbanization in China.
North America is also a favorable market for excavator backhoe. Outlook for the excavator backhoe market in Europe also appears positive, as excavators are used on a large scale in developed countries such as Germany. The key players of global excavator backhoe market are Volvo Construction Equipment, Caterpillar Inc., John Deere, Geith, Bobcat, CASE, Komatsu Ltd., Terex, Kubota, Yuchai, Hitachi Construction Machinery Co. Ltd., and Kobelco Construction Equipment.
Explore Other Reports By Radiant Insights,Inc at:
United States Semiconductor Packaging Equipment Industry-
Europe Security Monitoring System Industry-
United States Self-Retracting Device Industry-
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Company Name: Radiant Insights, Inc.
Contact Person: Michelle Thoras, Corporate Sales Specialist – USA
Phone: (415) 349-0054, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
Country: United States