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Excavator Market in China 2015-2019

Excavator Market in China 2015-2019

About Excavators

Excavators are used for demolition, lifting of heavy objects, and for digging purposes. There are two types of excavators: wheeled or crawler excavators and mini/compact excavators. Wheeled excavators are used for large construction projects, whereas mini excavators are utilized at mining sites. The demand for excavator is likely to increase in China because of the emergence of large-scale projects in the Railways and Oil and Gas sectors and construction of new cities.

Technavio's analysts forecast the Excavator Market in China to grow at a CAGR of 10.09 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Excavator Market in China for the period 2015-2019. The market is divided into the following segments: Crawler/Wheeled Excavators and Mini/Compact Excavator.

Technavio's report, Excavator Market in China 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Guangxi LiuGong Machinery
  • Sany Group
  • XCMG Construction Machinery
  • ZOOMLION
Other Prominent Vendors
  • Caterpillar
  • Hitachi Construction Machinery
  • Komatsu
  • Volvo Construction Equipment
Market Driver
  • Infrastructure Development
  • For a full, detailed list, view our report
Market Challenge
  • High Maintenance Cost
  • For a full, detailed list, view our report
Market Trend
  • Development of Environment-friendly Equipment
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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 – Excavator Market in China 2015-2019

Technavio recognizes the following companies as the key players in the excavator market in China: Guangxi LiuGong Machinery, Sany Group, XCMG Construction Machinery and ZOOMLION

Other Prominent Vendors in the market are: Caterpillar, Hitachi Construction Machinery, Komatsu and Volvo Construction Equipment

Commenting on the report, an analyst from Technavio’s team said: “Construction equipment manufacturers are emphasizing the development of energy-efficient equipment, which will cause less damage to the environment. The government of China is also urging vendors to adhere to the non-road emission standards. For instance, Komatsu is heavily investing in the development of energy-efficient excavators. These new excavators will also be equipped with hydraulic systems and high-pressure common rail engines with high fuel efficiency. ZOOMLION and Sunward Intelligent Equipment, the leading construction equipment manufacturers in China, are also working toward the development of energy-efficient machineries.”

According to the report, large-scale investment by the government in the infrastructure sector is the main factor propelling the growth of the excavator market in China. The government of China is also making high investments in the transport, and power and energy sectors. In addition, the government is encouraging private investments in infrastructure activities. In 2014, 80 infrastructure projects were planned to be funded by the private sector. Some of the core sectors where PPP are welcomed are transport, energy, and new technology projects.

Further, the report states that customers are dissatisfied because of the inability of the vendors to fulfill their expectations of support and maintenance.

Companies Mentioned

Guangxi LiuGong Machinery, Sany Group, XCMG Construction Machinery, ZOOMLION,Caterpillar, Hitachi Construction Machinery, Komatsu, Volvo Construction Equipment

  • 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
  • China: Country Outlook
    • Table Economic Indicators 2014
  • Construction Sector in China
    • Table Key Construction Projects in China
    • Table Classification of Construction Equipment
  • Technology Landscape
    • Table Product Portfolio of Vendors in China
  • Market Landscape
    • Market Size and Forecast
      • Table Excavator Market in China 2014-2019 ($ billion)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Segmentation of Excavator Market in China by Type
      • Table Market Share of Excavators by Type 2014
      • Table Segmentation of Excavator Market in China by Type
    • Crawler or Wheeled Excavator Market in China
      • Market Size and Forecast
        • Table Crawler or Wheeled Excavator Market in China 2014-2019 ($ billion)
    • Mini Excavator Market in China
      • Market Size and Forecast
        • Table Mini Excavator Market in China 2014-2019 ($ billion)
  • 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
    • Guangxi LiuGong Machinery
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Guangxi LiuGong Machinery: Product Segmentation 2013
      • Geographical Segmentation by Revenue 2013
        • Table Guangxi LiuGong Machinery: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Sany Group
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Sany Group: Product Segmentation 2013
      • SWOT Analysis
    • XCMG
      • Key Facts
      • Business Overview
      • Key Products
        • Table XCMG: Key Products 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • ZOOMLION
      • Key Facts
      • Business Overview
      • Products and Services by Revenue 2013
        • Table ZOOMLION: Products and Services by Revenue 2013
      • Products and Services by Revenue 2012 and 2013
        • Table ZOOMLION: Products and Services by Revenue 2012 and 2013 ($ million)
      • Geographical Segmentation by Revenue 2013
        • Table ZOOMLION: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Market Summary
    • Table Construction Equipment Market in China 2014-2019
  • Other Reports in this Series

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