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Excavator Market in Turkey 2015-2019

Excavator Market in Turkey 2015-2019

About Excavators

Excavators are used to excavate, move, or lift materials using a bucket fitted to a boom. These are self-propelled machines that run on crawlers or wheels. Excavators are versatile heavy construction machinery used for applications such as below- and above-ground-level operations, including land leveling, trench digging, and sinking of wells.The demand for excavators in Turkey is rapidly increasing because the government of Turkey is investing in large infrastructure construction projects such as the Istanbul high-speed railway, IGA airport, and Akkuyu nuclear power plant.

Technavio's analysts forecast the excavator market in Turkey to grow at a CAGR of 6.25% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the excavator market in Turkey for the period 2015-2019. The market size has been calculated based on the total revenue generated from the sales of excavators in Turkey. It does not consider the revenue generated from the sale of used equipment or from contracts and maintenance. The report also presents a detailed analysis of the four key vendors and their share in the market. In addition, it 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 emerging in the market.

Key Vendors

  • Çukurova Ziraat
  • HIDROMEK
  • Liebherr-Makìne Tìcaret Servìs Lìmìted Sìrketì (Liebherr Group)
  • SANY Turkey (SANY Group)
Other Prominent Vendors
  • Hyundai Heavy Industries
  • SARILAR Group
  • XCMG
Market Driver
  • Investment in Transportation and Power Infrastructure
  • For a full, detailed list, view our report
Market Challenge
  • High Manufacturing and Ownership Costs
  • For a full, detailed list, view our report
Market Trend
  • Replacement of Old Construction 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?


  • 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
  • Economic Overview
    • Table GDP by Sector 2013
    • Ease of Doing Business in Turkey
      • Table Ease of Doing Business in Turkey 2015
    • Vision 2023
  • Construction Market in Turkey
    • Table Construction Market in Turkey 2014-2019 ($ billions)
    • Table Upcoming Projects in Turkey
  • Technology Landscape
    • Table Product Portfolio of Leading Vendors in Turkey
  • Earthmoving Equipment: Industry Overview
    • Table Segmentation of Earthmoving Equipment by Type
    • Market Size and Forecast
      • Table Earthmoving Equipment Market in Turkey 2014-2019 ($ millions)
  • Market Landscape
    • Excavator Market in Turkey 2014-2019
      • Table Excavator Market in Turkey 2014-2019 ($ millions)
    • Five Force Analysis
  • Market Segmentation by Type
    • Crawler and Wheeled Excavator Market in Turkey 2014-2019
      • Table Market Size and Forecast of Crawler and Wheeled Excavators 2014-2019 ($ millions)
      • Mini Excavator Market in Turkey 2014-2019
        • Table Market Size and Forecast of Mini Excavators 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
  • Other Reports in this Series

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