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Mini Excavators Market by Capacity (Less Than 4 Tons and More Than 4 Tons) and End-User Industry (Landscaping & Construction, Agriculture, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A02965
Pages: 205
Oct 2020 | 11324 Views
 
Author(s) : Amol Phoke, Priyanka Khandelwal , Onkar Sumant
Tables: 89
Charts: 50
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Mini Excavators Market Overview - 2027

The global mini excavators market size is expected to reach $11,873.9 million by 2027 from $9,003.8 million in 2019, growing at a CAGR of 5.4% during the forecast period (2020 to 2027). The mini excavators are construction equipment equipped with a dipper, boom, or bucket installed over a movable platform based on application requirement. The excavators provide assistance in performing landscaping, excavating, demolishing, picking and placing, materials handling, and constructing activities, and others. In addition, the mini excavators also aid in completion of labor-intensive tasks or work earlier performed using heavy construction equipment. 

The COVID-19 pandemic has negatively affected the mini excavators market primarily due to the halt in production of mini excavators, prolonged lockdowns, international trade, and ceased construction processes.

Rise in demand for mini excavators, owing to rise in  construction of buildings is projected to propel growth of the global mini excavators market.  For instance, the UK construction industry is expected to grow at a rate of 2.5% from 2015 to 2024. Furthermore, the benefits associated with mini excavators and rise in urbanization are expected to boost growth of the market. Major players such as Caterpillar Inc. and AB Volvo Group offer application specific mini excavators. For instance, Komatsu Ltd. offers PC18MR-3 mini excavator of weighing capacity 1.84 tons. It is suitable for landscaping, forestry, construction, and other applications. 

Mini-Excavators-Market,-2020-2027

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Moreover, growth in construction of commercial buildings across Europe is anticipated to propel growth of the market. However, availability of used and rental equipment, and absence of skilled operators, and technicians is anticipated to hamper growth of the mini excavators market. On the other hand, technological advancements such as remote controlled mini excavators and sensor based mini excavators is anticipated to provide lucrative opportunities for the major players of mini excavators. 

Mini Excavators Market
By Capacity

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More than 4 tons is projected to grow at a significant CAGR

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The novel coronavirus impacted on manufacturers of the  mini excavators market to avert their business processes, owing to prolonged lockdown imposed by governments around the globe to break the chain of coronavirus. This is expected to directly impacted on the sales of mini excavators. Moreover, there is a stoppage in manufacturing of mini excavators, owing to shortage of raw materials and lack of manpower. However, halt in commercial construction buildings is anticipated to hamper the demand for mini excavators.

The global mini excavators market is segmented on the basis of capacity, end-user industry, and region. By capacity, the market is bifurcated into more than 4 tons and less than 4 tons. By end-user industry, it is divided into landscaping & construction, agriculture, and others. 

Mini Excavators Market
By End-user Industry

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Landscaping & Construction segment holds dominant position in 2019

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The global mini excavators market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). 

Competition Analysis

The key players profiled in the global mini excavators industry report include AB Volvo Group, Caterpillar Inc, Cukurova Ziraat, Deere & Company, Hitachi Ltd, Hyundai Construction Equipment Co Ltd, J C Bamford Excavators Ltd, Kobe Steel Ltd, Komatsu Ltd, and Takeuchi Mfg. Co Ltd. 

Many competitors in the market adopted product launch as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in April 2019, Volvo Construction Equipment, a subsidiary of AB Volvo launched a new ECR25 excavator. It is a fully electric compact excavator with 2.7 tons of weighing capacity. It is a zero-emission electric compact excavator, which can perform 8 hours of operation after one full charge. It is best suitable for commercial and infrastructural works such as landscaping, agriculture, and gardening.

Mini Excavators Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and is expected to grow at a highest rate during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging global mini excavators market trends and dynamics.  
  • Extensive mini excavators market analysis is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive mini excavators market opportunity analysis of all the countries is also provided in the report.
  • The global mini excavators market forecast analysis from 2020 to 2027 is included in the report.
  • The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry. 

Global Mini Excavators Market Segments

By Capacity

  • More Than 4 Tons
  • Less Than 4 Tons

By End-user Industry

  • Landscaping & Construction
  • Agriculture
  • Others 

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africas
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.SECONDARY RESEARCH
1.4.2.PRIMARY RESEARCH
1.4.3.ANALYST TOOLS AND MODELS

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS OF THE MARKET
2.2.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.TOP INVESTMENT POCKETS
3.2.2.TOP WINNING STRATEGIES

3.3.PORTER’S FIVE FORCES ANALYSIS

3.3.1.LOW TO MODERATE BARGAINING POWER OF SUPPLIERS
3.3.2.MODERATE BARGAINING POWER OF BUYERS
3.3.3.MODERATE THREAT OF SUBSTITUTION
3.3.4.MODERATE THREAT OF NEW ENTRANTS
3.3.5.MODERATE COMPETITIVE RIVALRY

3.4.MARKET PLAYER POSITIONING, 2019
3.5.MARKET DYNAMICS

3.5.1.DRIVERS

3.5.1.1.BENEFITS ASSOCIATED WITH MINI EXCAVATORS
3.5.1.2.RAPID GROWTH IN GLOBAL INFRASTRUCTURE & DEVELOPMENT PROJECTS
3.5.1.3.RAPID URBANIZATION & INDUSTRIALIZATION

3.5.2.RESTRAINTS

3.5.2.1.ABSENCE OF SKILLED OPERATORS AND TECHNICIANS
3.5.2.2.USED AND RENTAL EQUIPMENT

3.5.3.OPPORTUNITIES

3.5.3.1.STANDARDIZATION OF MINI EXCAVATORS
3.5.3.2.TECHNOLOGICAL ADVANCEMENTS

3.6.COVID-19 IMPACT ANALYSIS

CHAPTER 4:MINI EXCAVATORS MARKET, BY CAPACITY

4.1.OVERVIEW

4.1.1.MARKET SIZE AND FORECAST, BY CAPACITY

4.2.LESS THAN 4 TONS

4.2.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
4.2.2.MARKET SIZE AND FORECAST, BY REGION
4.2.3.MARKET ANALYSIS, BY COUNTRY

4.3.MORE THAN 4 TONS

4.3.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
4.3.2.MARKET SIZE AND FORECAST, BY REGION
4.3.3.MARKET ANALYSIS, BY COUNTRY

CHAPTER 5:MINI EXCAVATORS MARKET, BY END-USER INDUSTRY

5.1.OVERVIEW

5.1.1.MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

5.2.LANDSCAPING & CONSTRUCTION

5.2.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
5.2.2.MARKET SIZE AND FORECAST, BY REGION
5.2.3.MARKET ANALYSIS, BY COUNTRY

5.3.AGRICULTURE

5.3.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
5.3.2.MARKET SIZE AND FORECAST, BY REGION
5.3.3.MARKET ANALYSIS, BY COUNTRY

5.4.OTHERS

5.4.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
5.4.2.MARKET SIZE AND FORECAST, BY REGION
5.4.3.MARKET ANALYSIS, BY COUNTRY

CHAPTER 6:GLOBAL MINI EXCAVATORS MARKET, BY REGION

6.1.OVERVIEW

6.1.1.MARKET SIZE AND FORECAST, BY REGION

6.2.NORTH AMERICA

6.2.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
6.2.2.MARKET SIZE AND FORECAST, BY CAPACITY
6.2.3.MARKET SIZE AND FORECAST, BY END-USER INDUSTRY
6.2.4.MARKET SIZE AND FORECAST, BY COUNTRY

6.2.4.1.U.S.

6.2.4.1.1.MARKET SIZE AND FORECAST, BY CAPACITY
6.2.4.1.2.U.S. MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.2.4.2.CANADA

6.2.4.2.1.MARKET SIZE AND FORECAST, BY CAPACITY
6.2.4.2.2.CANADA MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.2.4.3.MEXICO

6.2.4.3.1.MARKET SIZE AND FORECAST, BY CAPACITY
6.2.4.3.2.MEXICO MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.3.EUROPE

6.3.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
6.3.2.MARKET SIZE AND FORECAST, BY CAPACITY
6.3.3.MARKET SIZE AND FORECAST, BY END-USER INDUSTRY
6.3.4.MARKET SIZE AND FORECAST, BY COUNTRY

6.3.4.1.GERMANY

6.3.4.1.1.MARKET SIZE AND FORECAST, BY CAPACITY
6.3.4.1.2.GERMANY MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.3.4.2.FRANCE

6.3.4.2.1.MARKET SIZE AND FORECAST, BY CAPACITY
6.3.4.2.2.FRANCE MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.3.4.3.UK

6.3.4.3.1.UK MARKET SIZE AND FORECAST, BY CAPACITY
6.3.4.3.2.UK MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.3.4.4.RUSSIA

6.3.4.4.1.RUSSIA MARKET SIZE AND FORECAST, BY CAPACITY
6.3.4.4.2.RUSSIA MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.3.4.5.REST OF EUROPE

6.3.4.5.1.REST OF EUROPE MARKET SIZE AND FORECAST, BY CAPACITY
6.3.4.5.2.REST OF EUROPE MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.4.ASIA-PACIFIC

6.4.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
6.4.2.MARKET SIZE AND FORECAST, BY CAPACITY
6.4.3.MARKET SIZE AND FORECAST, BY END-USER INDUSTRY
6.4.4.MARKET SIZE AND FORECAST, BY COUNTRY

6.4.4.1.INDIA

6.4.4.1.1.INDIA MARKET SIZE AND FORECAST, BY CAPACITY
6.4.4.1.2.INDIA MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.4.4.2.CHINA

6.4.4.2.1.CHINA MARKET SIZE AND FORECAST, BY CAPACITY
6.4.4.2.2.CHINA MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.4.4.3.JAPAN

6.4.4.3.1.JAPAN MARKET SIZE AND FORECAST, BY CAPACITY
6.4.4.3.2.JAPAN MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.4.4.4.REST OF ASIA-PACIFIC

6.4.4.4.1.REST OF ASIA-PACIFIC MARKET SIZE AND FORECAST, BY CAPACITY
6.4.4.4.2.REST OF ASIA-PACIFIC MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.5.LAMEA

6.5.1.KEY MARKET TRENDS, GROWTH FACTORS, AND OPPORTUNITIES
6.5.2.MARKET SIZE AND FORECAST, BY CAPACITY
6.5.3.MARKET SIZE AND FORECAST, BY END-USER INDUSTRY
6.5.4.MARKET SIZE AND FORECAST, BY COUNTRY

6.5.4.1.LATIN AMERICA

6.5.4.1.1.LATIN AMERICA MARKET SIZE AND FORECAST, BY CAPACITY
6.5.4.1.2.LATIN AMERICA MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.5.4.2.MIDDLE EAST

6.5.4.2.1.MIDDLE EAST MARKET SIZE AND FORECAST, BY CAPACITY
6.5.4.2.2.MIDDLE EAST MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

6.5.4.3.AFRICA

6.5.4.3.1.AFRICA MARKET SIZE AND FORECAST, BY CAPACITY
6.5.4.3.2.AFRICA MARKET SIZE AND FORECAST, BY END-USER INDUSTRY

CHAPTER 7:COMPANY PROFILES

7.1.AB VOLVO (VOLVO CONSTRUCTION EQUIPMENT)

7.1.1.COMPANY OVERVIEW
7.1.2.KEY EXECUTIVES
7.1.3.COMPANY SNAPSHOT
7.1.4.OPERATING BUSINESS SEGMENTS
7.1.5.PRODUCT PORTFOLIO
7.1.6.BUSINESS PERFORMANCE
7.1.7.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.2.CATERPILLAR INC.

7.2.1.COMPANY OVERVIEW
7.2.2.KEY EXECUTIVES
7.2.3.COMPANY SNAPSHOT
7.2.4.OPERATING BUSINESS SEGMENTS
7.2.5.PRODUCT PORTFOLIO
7.2.6.R & D EXPENDITURE
7.2.7.BUSINESS PERFORMANCE
7.2.8.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.3.ÇUKUROVA ZIRAAT

7.3.1.COMPANY OVERVIEW
7.3.2.KEY EXECUTIVES
7.3.3.COMPANY SNAPSHOT
7.3.4.PRODUCT PORTFOLIO

7.4.DEERE & COMPANY

7.4.1.COMPANY OVERVIEW
7.4.2.KEY EXECUTIVES
7.4.3.COMPANY SNAPSHOT
7.4.4.OPERATING BUSINESS SEGMENTS
7.4.5.PRODUCT PORTFOLIO
7.4.6.R & D EXPENDITURE
7.4.7.BUSINESS PERFORMANCE
7.4.8.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.5.HITACHI, LTD. (HITACHI CONSTRUCTION MACHINERY CO. LTD.)

7.5.1.COMPANY OVERVIEW
7.5.2.KEY EXECUTIVES
7.5.3.COMPANY SNAPSHOT
7.5.4.OPERATING BUSINESS SEGMENTS
7.5.5.PRODUCT PORTFOLIO
7.5.6.R & D EXPENDITURE
7.5.7.BUSINESS PERFORMANCE
7.5.8.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.6.HYUNDAI CONSTRUCTION EQUIPMENT CO. LTD.

7.6.1.COMPANY OVERVIEW
7.6.2.KEY EXECUTIVES
7.6.3.COMPANY SNAPSHOT
7.6.4.OPERATING BUSINESS SEGMENTS
7.6.5.PRODUCT PORTFOLIO
7.6.6.R & D EXPENDITURE
7.6.7.BUSINESS PERFORMANCE
7.6.8.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.7.J C BAMFORD EXCAVATORS LTD.

7.7.1.COMPANY OVERVIEW
7.7.2.KEY EXECUTIVES
7.7.3.COMPANY SNAPSHOT
7.7.4.OPERATING BUSINESS SEGMENTS
7.7.5.PRODUCT PORTFOLIO
7.7.6.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.8.KOBE STEEL, LTD. (KOBELCO CONSTRUCTION MACHINERY CO., LTD.)

7.8.1.COMPANY OVERVIEW
7.8.2.KEY EXECUTIVES
7.8.3.COMPANY SNAPSHOT
7.8.4.OPERATING BUSINESS SEGMENTS
7.8.5.PRODUCT PORTFOLIO
7.8.6.R & D EXPENDITURE
7.8.7.BUSINESS PERFORMANCE
7.8.8.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.9.KOMATSU LTD

7.9.1.COMPANY OVERVIEW
7.9.2.KEY EXECUTIVES
7.9.3.COMPANY SNAPSHOT
7.9.4.OPERATING BUSINESS SEGMENTS
7.9.5.PRODUCT PORTFOLIO
7.9.6.BUSINESS PERFORMANCE
7.9.7.KEY STRATEGIC MOVES AND DEVELOPMENTS

7.10.TAKEUCHI MFG. CO., LTD.

7.10.1.COMPANY OVERVIEW
7.10.2.KEY EXECUTIVES
7.10.3.COMPANY SNAPSHOT
7.10.4.OPERATING BUSINESS SEGMENTS
7.10.5.PRODUCT PORTFOLIO
7.10.6.BUSINESS PERFORMANCE
7.10.7.KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF TABLES

TABLE 01.MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 02.LESS THAN 4 TONS MINI EXCAVATORS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.MORE THAN 4 TONS MINI EXCAVATORS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019-2027 ($MILLION)
TABLE 05.MINI EXCAVATORS MARKET FOR LANDSCAPING & CONSTRUCTION, BY REGION, 2019–2027 ($MILLION)
TABLE 06.MINI EXCAVATORS MARKET FOR AGRICULTURE, BY REGION, 2019-2027 ($MILLION)
TABLE 07.MINI EXCAVATORS MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 08.MINI EXCAVATORS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 09.NORTH AMERICA MINI EXCAVATORS MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 10.NORTH AMERICA MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 11.NORTH AMERICA MINI EXCAVATORS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 12.U.S. MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 13.U.S. MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 14.CANADA MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 15.CANADA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 16.MEXICO MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 17.MEXICO MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 18.EUROPE MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 19.EUROPE MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 20.EUROPE MINI EXCAVATORS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 21.GERMANY MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 22.GERMANY MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 23.FRANCE MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 24.FRANCE MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 25.UK MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 26.UK MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 27.RUSSIA MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 28.RUSSIA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 29.REST OF EUROPE MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 30.REST OF EUROPE MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 31.ASIA-PACIFIC MINI EXCAVATORS MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 32.ASIA-PACIFIC MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 33.ASIA-PACIFIC MINI EXCAVATORS MARKET, BY COUNTRY, 2019–2027  ($MILLION)
TABLE 34.INDIA MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 35.INDIA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 36.CHINA MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 37.CHINA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 38.JAPAN MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 39.JAPAN MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 40.REST OF ASIA-PACIFIC MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 41.REST OF ASIA-PACIFIC MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 42.LAMEA MINI EXCAVATORS MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 43.LAMEA MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 44.LAMEA MINI EXCAVATORS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 45.LATIN AMERICA MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 46.LATIN AMERICA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 47.MIDDLE EAST MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 48.MIDDLE EAST MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 49.AFRICA MINI EXCAVATORS MARKET REVENUE, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 50.AFRICA MINI EXCAVATORS MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 51.AB VOLVO: KEY EXECUTIVES
TABLE 52.AB VOLVO: COMPANY SNAPSHOT
TABLE 53.AB VOLVO: OPERATING SEGMENTS
TABLE 54.AB VOLVO: PRODUCT PORTFOLIO
TABLE 55.CATERPILLAR INC: KEY EXECUTIVES
TABLE 56.CATERPILLAR INC.: COMPANY SNAPSHOT
TABLE 57.CATERPILLAR INC: OPERATING SEGMENTS
TABLE 58.CATERPILLAR INC: PRODUCT PORTFOLIO
TABLE 59.CUKUROVA ZIRAAT: KEY EXECUTIVES
TABLE 60.ÇUKUROVA ZIRAAT: COMPANY SNAPSHOT
TABLE 61.ÇUKUROVA ZIRAAT: PRODUCT PORTFOLIO
TABLE 62.DEER & COMPANY: KEY EXECUTIVES
TABLE 63.DEERE & COMPANY: COMPANY SNAPSHOT
TABLE 64.DEERE & COMPANY: OPERATING SEGMENTS
TABLE 65.DEERE & COMPANY: PRODUCT PORTFOLIO
TABLE 66.HITACHI, LTD: KEY EXECUTIVESS
TABLE 67.HITACHI, LTD.: COMPANY SNAPSHOT
TABLE 68.HITACHI, LTD.: OPERATING SEGMENTS
TABLE 69.HITACHI, LTD.: PRODUCT PORTFOLIO
TABLE 70.HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: KEY EXECUTIVES
TABLE 71.HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY SNAPSHOT
TABLE 72.HYUNDAI CONSTRUCTION EQUIPMENT CO LTD: PRODUCT CATEGORIES
TABLE 73.HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: PRODUCT PORTFOLIO
TABLE 74.J C BAMFORD EXCAVATORS LTD: KEY EXECUTIVES
TABLE 75.J C BAMFORD EXCAVATORS LTD: COMPANY SNAPSHOT
TABLE 76.J C BAMFORD EXCAVATORS LTD: PRODUCT CATEGORIES
TABLE 77.J C BAMFORD EXCAVATORS LTD: PRODUCT PORTFOLIO
TABLE 78.KOBE STEEL, LTD: KEY EXECUTIVES
TABLE 79.KOBE STEEL, LTD.: COMPANY SNAPSHOT
TABLE 80.KOBE STEEL, LTD.: OPERATING SEGMENTS
TABLE 81.KOBE STEEL, LTD.: PRODUCT PORTFOLIO
TABLE 82.KOMATSU LTD: KEY EXECUTIVES
TABLE 83.KOMATSU LTD: COMPANY SNAPSHOT
TABLE 84.KOMATSU LTD: OPERATING SEGMENTS
TABLE 85.KOMATSU LTD: PRODUCT PORTFOLIO
TABLE 86.TAKEUCHI MFG. CO LTD: KEY EXECUTIVES
TABLE 87.TAKEUCHI MFG. CO., LTD: COMPANY SNAPSHOT
TABLE 88.TAKEUCHI MFG. CO., LTD: PRODUCT CATEGORIES
TABLE 89.TAKEUCHI MFG. CO., LTD: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2017–2020 (%)
FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020 (%)
FIGURE 07.MARKET PLAYER POSITIONING, 2019
FIGURE 01.MINI EXCAVATORS MARKET, BY CAPACITY, 2019–2027
FIGURE 02.COMPARATIVE SHARE ANALYSIS OF LESS THAN 4 TONS MINI EXCAVATORS MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 03.COMPARATIVE SHARE ANALYSIS OF MORE THAN 4 TONS MINI EXCAVATORS MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 04.MINI EXCAVATORS MARKET, BY END-USER INDUSTRY, 2019-2027
FIGURE 05.COMPARATIVE SHARE ANALYSIS OF MINI EXCAVATORS MARKET FOR LANDSCAPING AND CONSTRUCTION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 06.COMPARATIVE SHARE ANALYSIS OF MINI EXCAVATORS MARKET FOR AGRICULTURE , BY COUNTRY,  2019 & 2027 (%)
FIGURE 07.COMPARATIVE SHARE ANALYSIS OF MINI EXCAVATORS MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 08.MINI EXCAVATORS MARKET, BY REGION 2019–2027
FIGURE 09.U.S. MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 10.CANADA MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 11.MEXICO MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 12.GERMANY MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 13.FRANCE MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 14.U.K. MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 15.RUSSIA MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 16.REST OF EUROPE MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 17.INDIA MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 18.CHINA MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 19.JAPAN MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 20.REST OF ASIA-PACIFIC MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 21.LATIN AMERICA MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 22.MIDDLE EAST MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 23.AFRICA MINI EXCAVATORS MARKET, 2019–2027 ($MILLION)
FIGURE 24.AB VOLVO: NET SALES, 2017–2019 ($MILLION)
FIGURE 25.AB VOLVO: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 26.AB VOLVO: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 27.CATERPILLAR INC: R & D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 28.CATERPILLAR INC: REVENUE, 2017–2019 ($MILLION)
FIGURE 29.CATERPILLAR INC: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 30.CATERPILLAR INC: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 31.DEERE & COMPANY: R & D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 32.DEERE & COMPANY: REVENUE, 2017–2019 ($MILLION)
FIGURE 33.DEERE & COMPANY: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 34.DEERE & COMPANY: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 35.HITACHI LTD: R & D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 36.HITACHI, LTD.: REVENUE, 2018–2020 ($MILLION)
FIGURE 37.HITACHI, LTD.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 38.HITACHI, LTD.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 39.HYUNDAI CONSTRUCTION EQUIPMENT CO. LTD: R & D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 40.HYUNDAI CONSTRUCTION EQUIPMENT CO LTD: REVENUE, 2017–2019 ($MILLION)
FIGURE 41.HYUNDAI CONSTRUCTION EQUIPMENT CO LTD.: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 42.KOBE STEEL, LTD.: R & D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 43.KOBE STEEL, LTD.: REVENUE, 2018–2020 ($MILLION)
FIGURE 44.KOBE STEEL, LTD.: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 45.KOBE STEEL, LTD.: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 46.KOMATSU LTD: REVENUE, 2018–2020 ($MILLION)
FIGURE 47.KOMATSU LTD: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 48.KOMATSU LTD: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 49.TAKEUCHI MFG. CO., LTD: REVENUE, 2018–2020 ($MILLION)
FIGURE 50.TAKEUCHI MFG. CO., LTD: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The global mini excavators market has witnessed significant growth in past few years, owing to rise in demand for robust as well as efficient construction equipment such as mini excavators. In addition, rise in urbanization and surge in commercial and residential projects construction is anticipated to cater to growth of the mini excavators market.

Asia-Pacific is expected to provide attractive opportunities for mini excavators, owing to rapid urbanization and development of the construction industry. Moreover, infrastructure development in South Asia, the Middle East, and Africa is expected to drive the market growth in coming years. In addition, standardization of mini excavators and driverless mini excavators are anticipated to provide lucrative opportunities for the mini excavators market.

In addition, rise in awareness about versatile benefits of mini excavators across different industry verticals is expected to fuel adoption of these equipment in materials handling and lifting applications. However, absence of skilled operators and technicians, and availability of used and rental equipment are projected to hamper growth of the global mini excavators market.  Key players dealing in global mini excavators market have adopted strategies such as business expansion, and agreement to sustain the intense competition. For instance, in September 2018, Deere & Company signed an agreement with Germany-based Wacker Neuson, a global provider of compact construction equipment. The agreement aimed to improve supply chain of mini excavators in China, South Asia, and Oceania. Thus, all such factors are expected to boost growth of the global mini excavators market.

 
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A. On the basis of end-user industry, the landscaping & construction segment is expected to be the most influencing segment growing in the global mini excavators market report.

A. The report for global mini excavators market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.

A. To get latest version of mini excavators market report can be obtained on demand from the website.

A. The global mini excavators market size was $9,003.8 million in 2019 and is projected to reach $11,873.9 million in 2027, growing at a CAGR of 5.4% from 2020 to 2027.

A. The forecast period considered for the global mini excavators market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. The base year considered in the global mini excavators market is 2019.

A. Based on the capacity, in 2019, the more than 4 tons segment generated the highest revenue, accounting for 65.50% of the market, and is projected to grow at a CAGR of 4.9% from 2020 to 2027.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

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