Global Tracked Excavators Market 2017-2021

  • ID: 4372292
  • Report
  • Region: Global
  • 74 pages
  • TechNavio
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FEATURED COMPANIES

  • BEML
  • Deere & Company
  • J C Bamford Excavators
  • LARSEN & TOUBRO
  • Mecalac
  • Takeuchi
  • MORE
About Tracked Excavators

Excavators are heavy construction equipment that are used in construction, mining, quarrying, and other earthmoving operations. In terms of value, excavators are the highest selling equipment in construction and mining industries. They are the most popular construction equipment because of their requirement in various tasks, such as loading trucks, digging trenches and wells, excavation, and land leveling. In addition, excavators can integrate attachments, such as shears, grapples, and hydraulic breakers. There are different varieties of excavators based on size and power, ranging from mini excavators (1-10 T) to large excavators (35-90 T), that are used for mining and landscaping.

The analysts forecast the global tracked excavators market to grow at a CAGR of 3.03% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global tracked excavators market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Tracked Excavators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Caterpillar
  • Komatsu
  • Hitachi Construction Machinery
  • Volvo Construction Equipment
  • XCMG Group
Other prominent vendors
  • BEML
  • J C Bamford Excavators
  • Deere & Company
  • Kobelco Construction Machinery
  • SANY GROUP
  • Terex
  • Menzi Muck
  • CNH Industrial
  • LARSEN & TOUBRO
  • Doosan
  • Hyundai Heavy Industries
  • LiuGong
  • KUBOTA
  • Liebherr
  • Mecalac
  • Tata Hitachi Construction Machinery
  • Takeuchi
Market drivers
  • Increased government spending on infrastructure
  • For a full, detailed list, view the full report
Market challenges
  • Construction equipment rental market
  • For a full, detailed list, view the full report
Market trends
  • Integration of IoT in construction equipment for remote monitoring
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BEML
  • Deere & Company
  • J C Bamford Excavators
  • LARSEN & TOUBRO
  • Mecalac
  • Takeuchi
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by type
  • Market overview
  • Global tracked excavators market by medium tracked excavators
  • Global tracked excavators market by large tracked excavators
  • Global tracked excavators market by small tracked excavators
PART 07: Market segmentation by geography
  • Market overview
  • Tracked excavators market in APAC
  • Tracked excavators market in Americas
  • Tracked excavators market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends
  • Integration of IoT in construction equipment for remote monitoring
  • Demand for energy efficient tracked excavators
  • Tracked excavators with increased speed and easy maneuvering
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Caterpillar
  • Komatsu
  • Hitachi Construction Machinery
  • Volvo Construction Equipment
  • XCMG Group
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Types of tracked excavators based on size and weight
Exhibit 02: Current and future market prospects of type of excavators 2016 and 2021
Exhibit 03: Current and future market prospects of geographic regions 2016 and 2021
Exhibit 04: Global tracked excavators market 2016-2021 ($ billions)
Exhibit 05: Comparison of global population (in billions) with urban population (in %) 2010-2015
Exhibit 06: Five forces analysis
Exhibit 07: Market share by type of tracked excavators 2016 and 2021 (%)
Exhibit 08: Global tracked excavators market by medium tracked excavators 2016-2021 ($ billions)
Exhibit 09: Global tracked excavators market by large tracked excavators 2016-2021 ($ billions)
Exhibit 10: Global tracked excavators market by small size excavators 2016-2021 ($ billions)
Exhibit 11: Market shares of each region in global tracked excavators market 2016 and 2021 (%)
Exhibit 12: Tracked excavators market in APAC 2016-2021 ($ billions)
Exhibit 13: Key infrastructure projects announced in India during 2017-2021 ($ billions)
Exhibit 14: Population growth in India 2010-2015 ($ millions)
Exhibit 15: Some notable infrastructure projects that have high planned expenditure in Southeast Asia are:
Exhibit 16: Tracked excavator market in Americas 2016-2021 ($ billions)
Exhibit 17: Expenditure on infrastructure projects by US government in 2017-2021
Exhibit 18: Tracked excavators market in EMEA 2016-2021 ($ billions)
Exhibit 19: Expenditure on infrastructure projects by UK government in 2017-2021
Exhibit 20: Average crude oil prices (2013-2025)
Exhibit 21: Key vendors
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FEATURED COMPANIES

  • BEML
  • Deere & Company
  • J C Bamford Excavators
  • LARSEN & TOUBRO
  • Mecalac
  • Takeuchi
  • MORE
New Report Released: - Global Tracked Excavators Market 2017-2021

The author of the report recognizes the following companies as the key players in the global tracked excavators market: Caterpillar, Komatsu, Hitachi Construction Machinery, Volvo Construction Equipment, and XCMG Group

Other Prominent Vendors in the market are: BEML, J C Bamford Excavators, Deere & Company, Kobelco Construction Machinery, SANY GROUP, Terex, Menzi Muck, CNH Industrial, LARSEN & TOUBRO, Doosan, Hyundai Heavy Industries, LiuGong, KUBOTA, Liebherr, Mecalac, Tata Hitachi Construction Machinery, and Takeuchi.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Integration of IoT in construction equipment for remote monitoring. Technology plays a vital role in every industry. Technology has evolved with time and the need for connected devices has increased in recent years. This is where Internet of Things (IoT) comes into the picture. With the implementation of IoT, the performance of tracked excavators is expected to increase by integrating remote monitoring systems with Global Positioning Systems (GPS). This will help in monitoring the performance and efficiency of the machine.”

According to the report, one of the major drivers for this market is Increased government spending on infrastructure. There are multiple government infrastructure projects, with significant investments, planned in various countries between 2017 and 2021. Infrastructure development is of prime importance in any country as it is directly proportional to the economic growth of a nation. Rapid economic growth provides jobs and delivers important services, such as energy, housing, and clean water supply. A country's strong infrastructure attracts high investments from MNCs to set up their establishments. Apart from the overall development of the whole economy, it also affects the living standards and human development index of a country. It helps in meeting various demands of the growing population and increasing spending power of citizens.

Further, the report states that one of the major factors hindering the growth of this market is Construction equipment rental market. Most construction equipment are very costly, especially tracked excavators which require high initial investments. Thus, it is not financially viable for construction companies to buy new equipment for projects that are of a low scale or budget and are of short duration. As a result, the trend of construction equipment rental is gaining popularity. Construction companies are under pressure to cut down costs of projects. Therefore, they rent tracked excavators on a weekly or hourly basis, based on the requirements of the project. This practice saves a large sum of money. In addition, the companies do not have to worry about maintenance of the machine.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Caterpillar
  • Komatsu
  • Hitachi Construction Machinery
  • Volvo Construction Equipment
  • XCMG Group
  • BEML
  • J C Bamford Excavators
  • Deere & Company
  • Kobelco Construction Machinery
  • SANY GROUP
  • Terex
  • Menzi Muck
  • CNH Industrial
  • LARSEN & TOUBRO
  • Doosan
  • Hyundai Heavy Industries
  • LiuGong
  • KUBOTA
  • Liebherr
  • Mecalac
  • Tata Hitachi Construction Machinery
  • Takeuchi
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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