The Business Research Company’s Excavator Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Excavator Global Market Report 2023 evaluates excavator market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=8134&type=smp
The global excavator market size is expected to grow from $47.74 billion in 2022 to $50.14 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The excavator market size is expected to grow to $59.98 billion in 2027 at a CAGR of 4.6%.
The growing construction industry across the globe is contributing to the growth of the excavator market. The construction industry refers to the industrial division of production and trade that is concerned with the construction, repair, renovation, and maintenance of infrastructure. The construction industry uses an excavator as it offers advantages such as easily navigating rough terrain, being highly versatile, and being able to be transported easily and efficiently. For instance, in May 2022, according to the National Highways Authority of India report, an autonomous agency of the government of India that develops, maintains, and manages national highways, the rate of annual construction of four-, six-, and eight-lane national highways had increased by more than 300% in seven years, reaching 3,963 km during 2021–22. Therefore, the increased growth of the construction industry is anticipated to propel the excavator market growth over the coming years.
Get More Information On The Excavator Market Report:
https://www.thebusinessresearchcompany.com/report/excavator-global-market-report
The excavator market segments in the report are:
1) By Type: Mini/ Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type
2) By Operating Weight: Upto 50K Kg, 51K to 75K Kg, 76K Kg and Above
3) By Mechanism Type: Electric, Hydraulic, or Hybrid
4) By Power Range: 0-300 BHP, 300-500 BHP, and 500 And Above
5) By End-Use Industry: Construction, Forestry And Agriculture, Mining and Other End-Use Industries
The table of contents in TBRC’s excavator market report includes:
- Executive Summary
- Excavator Market Characteristics
- Excavator Market Trends And Strategies
- Excavator Market – Macro Economic Scenario
- Excavator Market Size And Growth
- Excavator Market Segmentation
- Excavator Market Regional And Country Analysis
.
.
.
- Excavator Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Excavator Market
- Excavator Market Future Outlook and Potential Analysis
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
