LONDON, Nov. 3, 2015 /PRNewswire/ -- About Excavators
Excavators are used for demolition, lifting of heavy objects, and for digging purposes. There are two types of excavators: wheeled or crawler excavators and mini/compact excavators. Wheeled excavators are used for large construction projects, whereas mini excavators are utilized at mining sites. The demand for excavator is likely to increase in China because of the emergence of large-scale projects in the Railways and Oil and Gas sectors and construction of new cities.
TechNavio's analysts forecast the Excavator Market in China to grow at a CAGR of 10.09 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Excavator Market in China for the period 2015-2019. The market is divided into the following segments: Crawler/Wheeled Excavators and Mini/Compact Excavator.
TechNavio's report, Excavator Market in China 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
- Guangxi LiuGong Machinery
- Sany Group
- XCMG Construction Machinery
- ZOOMLION
Other Prominent Vendors
- Caterpillar
- Hitachi Construction Machinery
- Komatsu
- Volvo Construction Equipment
Market Driver
- Infrastructure Development
- For a full, detailed list, view our report
Market Challenge
- High Maintenance Cost
- For a full, detailed list, view our report
Market Trend
- Development of Environment-friendly Equipment
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
Download the full report: https://www.reportbuyer.com/product/2039460/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
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