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Excavator Market in France 2015-2019

Excavator Market in France 2015-2019

About Excavator

Excavators are used in construction activities to dig and scoop materials from land. The equipment primarily comprise a bucket that is attached to a boom, and a rotating platform that is usually mounted on crawlers or wheels. Excavators have many utilities in activities, such as levelling of land, digging of trenches, and sinking of wells.

In 2014, the demand for excavators grew by 6.2% year-on-year in France. The demand has been increasing since, and at a rapid pace. Increase in construction activities has been driving the excavator market in France. Currently, as of Q1 2015, large-scale investment is taking place in the country, particularly in the construction of new power plants and development of transport infrastructure.

Moreover, we expect the forthcoming UEFA EURO 2016 to inflate the volume of tourist traffic in the country. As of 2014, the total inbound tourists to France was 83.7 million. Major initiatives are being taken for development of transport infrastructure. In 2014, the Ministry of Railway in France approved a proposal for the construction of two high-speed railway lines between Bordeaux Southeast and Toulouse, and Bordeaux and Spain. The project is slated to start by 2017.

Besides, there is a lot of emphasis on reducing the nuclear energy consumption by 50% in the country by 2050. The government is actively focused on the development of renewable energy infrastructure. Upcoming projects in that direction will also likely propel the demand for excavators in France.

However, a cut in government spending may hamper market growth. Presently, the Government of the French Republic is facing high public debt, which increased by 95.4% in 2014. The country has plans of reducing its spending in various segments, including infrastructure projects, to address the public deficit, which may have adverse effect on the growth of the construction sector and, consequently, the excavator market in France.

Technavio analysts forecast the excavator market in France to grow at a CAGR of 6.80% during 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the excavators market in France for the period 2015-2019. The market size is calculated based on the total revenue generated from the sales of excavators at consumption side in France. We do not consider the sale of used equipment and the revenue generated from contracts and maintenance.

We also present a detailed analysis of the four key vendors in the market through this report. In addition, we discuss the major drivers influencing market growth and also outline the challenges facing the vendors and the market as a whole. We evaluate the key trends emerging in the market as well.

Key Vendors

  • Caterpillar
  • Hitachi Construction Machinery
  • Komatsu
  • Liebherr-International
Other Prominent Vendors
  • Volvo Group
  • JCB
  • Hyundai Heavy Industries Europe
Market Driver
  • Increased Investment in Transport Infrastructure
  • For a full and detailed list, view our report
Market Challenge
  • High Manufacturing Cost
  • For a full and detailed list, view our report
Market Trend
  • Growth of Equipment Rental Business
  • For a full and 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 – Excavators Market in France 2015-2019

Technavio recognizes the following companies as the key players in the Excavators Market in France: Caterpillar Inc., Hitachi Construction Machinery, Komatsu Ltd., and Liebherr-International AG.

Other Prominent Vendors in the market are: Volvo Group, JCB, and Hyundai Heavy Industries Europe.

Commenting on the report, an analyst from Technavio’s team said: “Recent growth of the equipment rental business is a major trend observed in this market. High ownership cost of equipment is leading many construction firms and SMEs to use construction equipment on a rental basis. This allows construction companies particularly SMEs to reduce their costs and operating expenses, thereby lowering the overall construction cost.”

According to the report, increasing investment in transport infrastructure is one of the primary drivers that promote growth in this market. More people in France are moving to cities in search of better job opportunities, which is fueling demand for enhancement of transport infrastructure.

Further, the report states that the lack of product differentiation is a key challenge faced by this market. R&D activities require huge capital investments to support product differentiation with long maturity return. However, sourcing of capital is the main constraint for vendors when a new product is being considered.

  • 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: France
    • Table Economic Indicators 2013
    • Ease of Doing Business in France
      • Table Ease of Doing of Business in France 2015
    • Structural and Cohesion Funds France 2014-2020
  • France Construction Industry Overview
    • Table Construction Industry: Market Size 2014 ($ billion)
  • Excavators Market Overview
    • Table Excavators Market Share in the Earthmoving Equipment Market in France 2014-2019
  • Market Landscape
    • Excavators Market in France: Market Size and Forecast
      • Table Excavators Market in France: Market Size and Forecast 2014-2019 ($ million)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Table Excavators Market: Segmentation by Type 2014-2019
    • Mini Excavators Market in France
      • Table Mini Excavators Market: Size and Forecast 2014-2019 ($ million)
    • Crawler Excavators Market in France
      • Table Crawler Excavators Market: Size and Forecast 2014-2019 ($ million)
  • 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
    • Caterpillar
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Caterpillar: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Caterpillar: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Caterpillar: Geographical Segmentation by Revenue 2013
        • Table Construction Segment Sales 2011-2013 (US$ billion)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Hitachi Construction Machinery
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013 and 2014
        • Table Hitachi Construction Machinery: Business Segmentation by Revenue 2013 and 2014 (US$ million)
      • Geographical Segmentation by Revenue 2014
        • Table Hitachi Construction Machinery: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Komatsu
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Komatsu: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Komatsu: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation by Revenue 2014
        • Table Komatsu: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Liebherr
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013 (including areas of operations)
        • Table Liebherr: Business Segmentation by Revenue 2013 (including areas of operations)
      • Business Segmentation by Revenue 2012 and 2013
        • Table Liebherr: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Liebherr: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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