Global Tracked Excavators Market 2017-2021

About Tracked Excavators
Excavators are heavy construction equipment that are used in construction, mining, quarrying, and other earthmoving operations. In terms of value, excavators are the highest selling equipment in construction and mining industries. They are the most popular construction equipment because of their requirement in various tasks, such as loading trucks, digging trenches and wells, excavation, and land leveling. In addition, excavators can integrate attachments, such as shears, grapples, and hydraulic breakers. There are different varieties of excavators based on size and power, ranging from mini excavators (1-10 T) to large excavators (35-90 T), that are used for mining and landscaping.

Technavio’s analysts forecast the global tracked excavators market to grow at a CAGR of 3.03% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global tracked excavators market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Tracked Excavators Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Caterpillar
• Komatsu
• Hitachi Construction Machinery
• Volvo Construction Equipment
• XCMG Group
Other prominent vendors
• BEML
• J C Bamford Excavators
• Deere & Company
• Kobelco Construction Machinery
• SANY GROUP
• Terex
• Menzi Muck
• CNH Industrial
• LARSEN & TOUBRO
• Doosan
• Hyundai Heavy Industries
• LiuGong
• KUBOTA
• Liebherr
• Mecalac
• Tata Hitachi Construction Machinery
• Takeuchi
Market driver
• Increased government spending on infrastructure
• For a full, detailed list, view our report

Market challenge
• Construction equipment rental market
• For a full, detailed list, view our report

Market trend
• Integration of IoT in construction equipment for remote monitoring
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?
• What are the strengths and weaknesses of the key vendors?

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