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Global Mini Excavators Market 2017-2021

Global Mini Excavators Market 2017-2021

About Mini Excavators

Mini excavators are compact hydraulic excavators with undercarriage or wheels made from either rubber or steel, and have an operating range of 0.75 ton to 10 ton. These excavators feature a standard bucket and backfill blade along with independent boom swing. Mini excavators are used in small to medium-sized operations such as light construction work, forestry work, landscaping, and small demolition projects. They are essentially used for almost any job that is big for a shovel or any other-other basic hand tools. Mini excavators are also used widely for electrical and plumbing utilities trench work. They are available with an extensive array of attachments and advanced features that increase the productivity for a contractor.

Technavio’s analysts forecast the global mini excavators market to grow at a CAGR of 3.55% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mini excavators market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the five key vendors in the market as well as a list of other prominent vendors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mini 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
  • Bobcat Company
  • Caterpillar
  • J C Bamford Excavators
  • Takeuchi Global
Other prominent vendors
  • Çukurova Ziraat
  • Deere & Company
  • Manitou Americas (GEHL)
  • Hanix
  • Hitachi Construction Machinery
  • Hyundai Motor Company
  • IHIMER
  • KATO WORKS
  • Kobelco Construction Machinery
  • Komatsu
  • LiuGong Machinery
  • Mecalac
  • New Holland Construction
  • SANY GROUP
  • UNAC
  • Volvo Construction Equipment
  • Wacker Neuson
  • XCMG Group
  • Yanmar
Market driver
  • Increasing adoption of mini excavators in other applications.
  • For a full, detailed list, view our report
Market challenge
  • Stringent environmental laws and regulations.
  • For a full, detailed list, view our report
Market trend
  • Increased focus on efficiency, maintenance, and comfort.
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Mini Excavators Market 2017-2021

Technavio recognizes the following companies as the key players in the global mini excavators market: Bobcat Company, Caterpillar, J C Bamford Excavators, and Takeuchi Global.

Other Prominent Vendors in the market are: Çukurova Ziraat, Deere & Company, Manitou Americas (GEHL), Hanix, Hitachi Construction Machinery, Hyundai Motor Company, IHIMER, KATO WORKS, Kobelco Construction Machinery, Komatsu, LiuGong Machinery, Mecalac, New Holland Construction, SANY GROUP, UNAC, Volvo Construction Equipment, Wacker Neuson, XCMG Group, and Yanmar.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is popularity of mini hybrid excavators. The debate on how longer fossil fuels can last has pushed manufacturers to develop new technologies such as hybrid mini excavators and electric mini excavators. As mini excavators can be used for various operations, manufacturers have constantly been upgrading and innovating to make new machines fuel-efficient for reducing fuel costs as they contribute a large portion of the operating costs.”

According to the report, one driver in market is unprecedented demand for energy expanding utilities sector. Power and energy related projects continue to rapidly develop worldwide. The work of mini excavators on these sites varies from laying cables to carrying out maintenance activities. Though crawler excavators are the most common choice for work at energy projects, mini excavators are gaining popularity in the installation of electrical power supplies and transmission work due to their ability to work in confined spaces. Mini excavators are extensively used in the installation, maintenance, and repairing of electric transmission networks and gas pipelines. Hence, any growth in the utility segment will contribute to the increase in the volumes of mini excavators.

Further, the report states that one challenges in market is stringent environmental laws and regulations. The global mini excavators market is experiencing a noteworthy change as the new emission legislations worldwide are proving to be crucial factors of growth. These stringent regulations are compelling manufacturers to make considerable investments toward new technological advances. At present, the market is encountering low sales volumes. The construction segment produces large amounts of greenhouse gases and other air pollutants. Measuring and monitoring real-time emissions will enable manufacturers to assess their impact on the environment and aid in improving the sustainability of construction. Emission measurement systems such as portable emission measurement system (PEMS) for real-time measurement of carbon dioxide, nitrogen oxides, hydrocarbon, and carbon monoxide emissions from construction equipment help to derive emission rates and emission factors in operating conditions.

Companies Mentioned

Bobcat Company, Caterpillar, J C Bamford Excavators, Takeuchi Global, Çukurova Ziraat, Deere & Company, Manitou Americas (GEHL), Hanix, Hitachi Construction Machinery, Hyundai Motor Company, IHIMER, KATO WORKS, Kobelco Construction Machinery, Komatsu, LiuGong Machinery, Mecalac, New Holland Construction, SANY GROUP, UNAC, Volvo Construction Equipment, Wacker Neuson, XCMG Group, and Yanmar.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Illustrative end uses of mini excavators
      • Table Various attachments for wheeled excavators
      • Table Regional growth matrix 2016-2021
      • Table Values represented in regional growth matrix
      • Table End-user segment growth matrix
      • Table Values represented in end-user growth matrix
  • Market landscape
    • Market overview
      • Table Global mini excavators market segmentation
    • Market size and forecast
      • Table Global mini excavators market 2016-2021 ($ billions)
      • Table Global construction spending 2016-2021 ($ trillions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global mini excavators market by end-user
      • Table Global mini excavators market by end-users in 2016 and 2021
    • Global mini excavators market in construction segment
      • Table Global mini excavators market in construction segment 2016-2021 ($ billions)
      • Table Commercial service exports in India and China 2008-2015 ($ millions)
      • Table Growth in global spending on infrastructure sector 2016-2021 (%)
    • Global mini excavators market in utilities segment
      • Table Global mini excavators market in utilities segment 2016-2021 ($ billions)
      • Table Growth in global spending on utilities segment 2016-2021 (%)
      • Table Production and consumption of natural gas in OECD Americas (billion cubic meters)
      • Table Total renewable energy supply in OECD countries 2010-2015 (million toe)
    • Global mini excavators market in agriculture and forestry segment
      • Table Global mini excavators market in agriculture and forestry segment 2016-2021 ($ billions)
      • Table Total cereal production and area harvested globally 2010-2014 (million tons and hectares)
  • Geographical segmentation
    • Global mini excavators market by geography
      • Table Global mini excavators market by geography in 2016
    • Mini excavators market in EMEA
      • Table Mini excavators market in EMEA 2016-2021 ($ billions)
      • Table Growth in nights spent at tourist accommodation establishments in EU 2010-2015 (%)
      • Table Key infrastructure projects in EMEA
    • Mini excavators market in APAC
      • Table Mini excavators market in APAC 2016-2021 ($ billions)
      • Table Urban population (% of total) in APAC and World 2008-2015 (%)
      • Table Growth in infrastructure spending in APAC 2016-2021
      • Table Key upcoming projects in APAC
    • Mini excavators market in Americas
      • Table Mini excavators market in Americas 2016-2021 ($ billions)
      • Table Average monthly new privately owned housing units started in US (thousands of units)
      • Table Annual unemployment rate in US 2010-2016
      • Table US shale production 2007-2015 (billion cubic feet)
  • Market drivers
    • Unprecedented demand for energy expanding utilities sector
    • Demand from rental market
      • Table Reasons for booming rental market
    • Increasing adoption of mini excavators in other applications
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Stringent environmental laws and regulations
    • Lack of qualified workers
    • Threat of substitute products
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Popularity of mini hybrid excavators
    • Increased focus on efficiency, maintenance, and comfort
    • Increased adoption of technology
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Bobcat Company
      • Table Bobcat Company: Key products and services
      • Table Bobcat Company: Mini excavator range
      • Table Bobcat Company: Recent developments
    • Caterpillar
      • Table Caterpillar: Key products and services
      • Table Caterpillar: Mini excavator range
      • Table Caterpillar: Recent developments
      • Table J C Bamford Excavators: Product range
      • Table J C Bamford Excavators: Mini excavator range
      • Table J C Bamford Excavators: Recent developments
      • Table Kubota Tractor Corporation: Key business areas
      • Table Kubota Tractor Corporation: Construction machinery
      • Table Kubota Tractor Corporation: Recent developments
    • Takeuchi Global
      • Table Takeuchi Global: Mini excavator range
      • Table Takeuchi Global: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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