Wheeled Excavator Market Research Report 2019 published By Market Research Future, provides information on Global Wheeled Excavator Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Type (Mini excavator, Heavy excavator, Large excavator), by Application (Infrastructure, Public utilities, Mining & Oil well and others) – Forecast to 2022
The important companies in the wheeled excavator market are Hitachi Construction Machinery Co. Ltd. (Japan), Caterpillar Inc. (U.S.), Komatsu Ltd. (Japan), Guangxi LiuGong Machinery Co. Ltd. (China), Sany Group Co. Ltd. (China), and Volvo Construction Equipment (Belgium).
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Global Wheeled Excavator Market – Overview
The rise in demand for heavy equipment especially wheeled excavators is attributed to the inclination for automating process while simplifying them. Market reports associated with the construction industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is anticipated to achieve a significant growth level in the upcoming forecast period.
The ripple effect of the market expansion of the construction sector is creating significant impetus for the growth of the market. The utility of wheeled excavators in various applications has added substantially to the overall market growth. Gradually rising demand trends globally are expected to motivate the wheeled excavator market in the upcoming forecast period. The product diversification of wheeled expected to positively impact the upward growth curve of the market in the forecast period.
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Mar 2018 Volvo has unveiled three wheeled excavator models, in an effort to help North American contractors “rethink” the way their build their heavy equipment fleets. The new Volvo models comprise of the short swing EWR150E and EWR170E, and the conventional swing EW220E. The wheeled excavators have a lighter footprint and don’t damage hard surfaces.
July 2018 John Deere has revamped its 190G W excavator that provides customers with a “Swiss army knife” attachment for unblocking ditches, fixing potholes, loading trucks or moving Jersey barriers. The 190G W has a 173 hp diesel engine that meets Final Tier 4 emission regulations without after treatment devices.
The ability to utilize the economies of scale is further proving to be beneficial for overall market growth. The management trends in the market are reinforcing the level of growth that can be achieved in the present market scenario. The market is at an optimally productive level and will be capable of generating greater value for the firms in the market and its shareholders. Although, the market has also considerably neutralized the market advantages and thus is promoting an increase in the number of firms in the market. The evolution patterns are reviewed in tandem to the customer likings to realize the highest growth, and in the long run, viability. The diversification of the product assortment in the market is increasing the opportunity for the progress of the market.
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The segmentation of the wheeled excavator market is carried out on the basis of type, region, and application. The segmentation on the basis of type comprises of heavy excavator, mini excavator, and large excavator. The segmentation of the wheeled excavator market on the basis of application consists of public utilities, infrastructure, mining & oil well among others. The regions included in the market are North America, Europe, Asia Pacific and rest of the world.
Detailed Regional Analysis
The regional analysis of the market comprises of regions such as North America, Europe, Asia Pacific and rest of the world. The Asia Pacific region is likely to reveal encouraging development within the forecasted period. The wheeled excavator is showing considerable development in emerging nations such as India and China due to factors such as investments for infrastructure development, urbanization, and globalization. The principal market for the wheeled market is China and India owing to the infrastructural development and construction industry in the region. The developed countries like North America are anticipated to observe stable growth over the course of the forecast period primarily owing to the construction industry in this region.
Scope of Report
The report for Global Wheeled excavator Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents
1. Executive Summary
2. Research Methodology
2.1. Scope of the Study
2.1.2. Research Objective
2.2. Research Process
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Market Size Estimation
2.4. Forecast Model
3. Market Dynamics
3.1. Market Drivers
3.2. Market Inhibitors
3.3. Supply/value Chain Analysis or Market Ecosystem
3.4. Porter’s Five Forces Analysis
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