Excavator Market in Spain 2015-2019 - Recovering Housing Sector with Caterpillar, Hitachi, KESA & Liebherr Group Dominating

Jul 14, 2015, 07:06 ET from Research and Markets

DUBLIN, July 08, 2015 /PRNewswire/ --

Research and Markets(http://www.researchandmarkets.com/research/fzg9fl/excavator_market) has announced the addition of the "Excavator Market in Spain 2015-2019" report to their offering.

Excavators are used for demolition, lifting of heavy objects, and digging. These are self-propelled machines that run using crawlers or wheels. They are highly versatile heavy construction machinery and are used for various applications such as below and above-ground-level operations including land levelling, trench digging, and well sinking.

PITVI, the government initiative to improve transportation and housing infrastructure, began in 2012 and is due to be completed in 2024. The government plans to implement 1,000 miles of railway network during the period 2012-2024. In the housing sector, this plan helped Barcelona recover from the economic crisis.

According to the report, the period 1996-2008 saw a slowing down of housing construction activities. However, the sector is recovering and projects that had been abandoned in the housing sector are currently under construction. Barcelona is the only city in Spain to realize higher profits in residential construction projects, attracting domestic construction companies to invest and expand. The rebound in the housing sector will drive the demand for the excavator market in Spain.

Further, the report states that the high initial investment required to manufacture the equipment affects the cost of ownership of earthmoving equipment, further reducing the profit margin of manufacturers.

Key Vendors

- Caterpillar
- Hitachi
- Liebherr Group

Other Prominent Vendors

- Kobelco Construction Machinery Europe
- Volvo

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Industry Overview
  7. Market Landscape
  8. Market Segmentation by Type
  9. Buying Criteria
  10. Market Growth Drivers
  11. Drivers and their Impact
  12. Market Challenges
  13. Impact of Drivers and Challenges
  14. Market Trends
  15. Trends and their Impact
  16. Vendor Landscape
  17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/fzg9fl/excavator_market

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets