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Earthmoving Equipment Market in Turkey 2015-2019

Earthmoving Equipment Market in Turkey 2015-2019

About Earthmoving Equipment

Earthmoving equipment is used in the construction industry to move large amounts of earth, dig foundations for buildings, and landscape. Earthmoving equipment include construction tractors, excavators, and loaders. The earthmoving equipment market is one of the major segments in the construction equipment market.

Technavio's analysts forecast the earthmoving equipment market in Turkey to grow at a CAGR of 5.88% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the earthmoving equipment market in Turkey for the period 2015-2019. The market size has been calculated based on the total revenue generated from the earthmoving equipment in Turkey. It does not consider the sale of used equipment or the revenue generated from contracts and maintenance.It presents a detailed analysis of key vendors in the market and also presents the share of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

Key Vendors

  • Çukurova Ziraat
  • HIDROMEK
  • Liebherr-Makine Tìcaret Servis Limited Sirketi
  • Sany Turkey
Other Prominent Vendors
  • Hyundai Heavy Industries
  • SARILAR Group
  • XCMG
Market Driver
  • Increase in construction spending
  • For a full, detailed list, view our report
Market Challenge
  • High prices of raw materials
  • For a full, detailed list, view our report
Market Trend
  • Increased investment in transportation and power infrastructure
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2018 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?


Press Release

Technavio Announces the Publication of its Research Report – Earthmoving Equipment Market in Turkey 2015-2019

Technavio recognizes the following companies as the key players in the earthmoving equipment market in Turkey: Çukurova Ziraat, HIDROMEK, Liebherr-Makine Tìcaret Servis Limited Sirketi and Sany Turkey

Other Prominent Vendors in the market are: Hyundai Heavy Industries, SARILAR Group and XCMG

Commenting on the report, an analyst from Technavio’s team said: “The government of Turkey is investing heavily in transportation and power infrastructure development because of increased tourism as well as growth in the urban population. This has increased demand for better transit systems such as railways, airports, and roads, as well as motorways. To fulfill the vision of being one of the top 10 economies in the world, the government is planning to significantly invest in the development of transportation infrastructure. It is planning to liberalize the railway sector to private entities that will undertake the construction and operation of the railway sector. In addition, the government is planning to construct more high-speed railway networks in the country to substantially reduce travel time. Huge investment is also being made for motorways infrastructure. Besides these developments in the transportation infrastructure, the government is also investing heavily in the power and energy infrastructure sectors. The government aims to reduce energy imports by focusing more on domestic production. These infrastructure developments will lead to increased demand for technologically advanced construction equipment in Turkey.”

According to the report, the construction industry in Turkey is growing rapidly as a result of various government initiatives for construction. One of the major initiatives by the government in this sector is allowing private investment, especially in core infrastructure such as railways and ports. Entry of private investment will not only lead to an increase in investment but also bring in expertise and technology in construction. The construction industry has also witnessed huge foreign investment.

Further, the report states that high costs of the manufacturing process and raw materials affect the cost of ownership of construction equipment.

Companies Mentioned

Çukurova Ziraat, HIDROMEK, Liebherr-Makine Tìcaret Servis Limited Sirketi, Sany Turkey, Hyundai Heavy Industries, SARILAR Group, XCMG

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Economy Overview
    • Table GDP Contribution by Sector 2013
  • Construction Market in Turkey
    • Vision 2023 for Infrastructure Development in Turkey
  • Construction Equipment Market in Turkey
    • Table Construction Equipment by Type
  • Industry Overview
    • Table Classification of Earthmoving Equipment by Type
  • Market Landscape
    • Market Size and Forecast
      • Table Earthmoving Equipment Market in Turkey 2014-2019 ($ millions)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Table Earthmoving Equipment Market in Turkey: Market Share by Type
    • Excavators Market in Turkey 2014-2019
      • Table Excavator Market in Turkey 2014-2019 ($ millions)
      • Table Market Share of Excavator by Type 2014
      • Mini Excavators Market in Turkey 2014-2019
        • Table Mini Excavators Market 2014-2019 ($ millions)
      • Crawler Excavators Market in Turkey 2014-2019
        • Table Crawler Excavators Market 2014-2019 ($ millions)
    • Loaders Market in Turkey 2014-2019
      • Table Loaders Market in Turkey 2014-2019 ($ millions)
      • Market Segmentation by Type of Loaders
        • Table Market Segmentation by Type of Loaders 2014
      • Backhoe Loaders Market in Turkey 2014-2019
        • Table Backhoe Loaders Market in Turkey 2014-2019 ($ millions)
      • Wheeled Loaders Market 2014-2019
        • Table Wheeled Loaders Market 2014-2019 ($ millions)
      • Skid-steer Loaders Market 2014-2019
        • Table Skid-steer Loaders Market 2014-2019 ($ millions)
    • Construction Tractors Market 2014-2019
      • Table Construction Tractors Market 2014-2019 ($ millions)
      • Bulldozer Market in Turkey 2014-2019
        • Table Bulldozer Market in Turkey 2014-2019 ($ millions)
      • Wheeled Tractors Market in Turkey 2014-2019
        • Table Wheeled Tractors Market in Turkey 2014-2019 ($ millions)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Çukurova Ziraat
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • HIDROMEK
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Liebherr
      • Key Facts
      • Business Overview
      • Product Segmentation by Revenue 2013
        • Table Liebherr: Product Segmentation Revenue 2013
      • Product Segmentation by Revenue 2012 and 2013
        • Table Liebherr: Product Segmentation by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table Liebherr: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • SWOT Analysis
    • SANY
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table SANY: Product Segmentation 2013
      • SWOT Analysis
  • Market Summary
    • Table Earthmoving Equipment Market in Turkey: Segmentation by Type 2014 ($ millions)
  • Other Reports in this Series

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