Business Industry News Technology

Mini Excavators Market : Global Growth Analysis and Industry Forecast, 2018-2025

Mini Excavators Market
Mini Excavators Market
Press Release

Mini Excavators Market by End-user Industry (Construction, Agriculture, and Others) – Global Opportunity Analysis and Industry Forecast, 2018–2025. According to the report, the global mini excavator market accounted for $7.23 billion in 2017 and is projected to garner $9.77 billion by 2025, registering a CAGR of 4.4% in the period from 2018 to 2025.

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 5.0% during the forecast period.

Download Sample athttps://www.alliedmarketresearch.com/request-sample/3305 

The global mini excavator market is segmented based on the end user and geography. On the basis of end users, the market is segmented into construction, agriculture, and others. The construction segment held the largest share in 2017, contributing nearly half of the market. However, the agriculture segment is estimated to manifest the fastest CAGR of 4.3% during the forecast period.

Based on geography, the market is divided into North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). The Asia-Pacific region dominated the market in terms of revenue in 2017, contributing nearly one-third of the total market and is estimated to register the fastest CAGR of 4.9% during the forecast period. Moreover, Europe is expected to manifest gradual growth with CAGR of 3.9% through 2025.

Key Findings of the Mini Excavators Market:

  • In terms of market share, the construction industry generated the maximum revenue in 2017 and is expected to grow at a CAGR of 3.20% during the forecast period.
  • The Asia-Pacific region is anticipated to grow at a CAGR of 3.37% from 2018 to 2025 and reach $3.37 billion by 2025.
  • The North America region 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.

Purchase Enquiry at https://www.alliedmarketresearch.com/purchase-enquiry/3305 

The report offers an analysis of the major market players such as AB Volvo, Cukurova Ziraat, Hitachi, Ltd., J C Bamford Excavators, Ltd., Komatsu, Ltd., Caterpillar, Inc., Deere & Company, Hyundai Construction Equipment Co., Ltd., Kobe Steel, Ltd., and Takeuchi Mfg. Co., Ltd.

About Us:
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
[email protected]
Web: www.alliedmarketresearch.com

RSS news