According to IMARC Group’s recent report, titled “Excavator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global excavator market grew at a CAGR of around 5% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth by 2025.
An excavator refers to heavy construction equipment designed for digging excavations and trenching purposes. It is also deployed for digging holes, demolitions, foundations, material handling, and lifting heavy objects. Excavator uses hydraulic motors backed by an electric, petrol, or diesel engine to produce hydraulic force and operate the mechanical arm of the machine. The machine primarily consists of a rear/back actor, undercarriage, sipper, digging bucket, and a cabin on a rotating platform.
The rising utilization of excavators in large-scale commercial and residential construction, development of roads and ports, and mining projects is also propelling the market growth. Furthermore, the growing adoption of automated excavators is also augmenting the demand for excavator. These excavators help in reducing labor costs and allow remote tracking of operations. Additionally, the introduction of fuel cell-based electric motors to power excavators, is also providing a thrust to the global market. Compared to the diesel engine, fuel cells are lighter and more efficient, thereby increasing the cabin space for the machine operator and improving the overall productivity of the equipment. Several other factors, including the wide availability of equipment rental services, along with extensive infrastructural development undertaken by the governments of numerous nations, are expected to further propel the global market for excavators in the coming years.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Get a PDF sample for more detailed market insights: https://www.imarcgroup.com/excavator-market/requestsample
Global Excavator Market Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the excavator market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Hitachi Construction Machinery Co. Ltd.
- Terex Corporation
- CNH Industrial N.V.
- Liebherr Group
- Hyundai Heavy Industries Ltd.
- Volvo Construction Equipment AB.
- John Deere, Joseph Cyril Bamford Excavators Ltd.
- Caterpillar Inc.
- Sany Heavy Industries Co. Ltd.
- Doosan Corporation
- Komatsu Ltd.
- Yanmar Construction Equipment Co. Ltd.
- Kobelco Construction Machinery Co. Ltd.
The report has segmented the global excavator market on the basis of product, mechanism type, power range, application and region.
Breakup by Product:
- Mini/Compact
- Crawler
- Wheeled
- Heavy
Breakup by Mechanism Type:
- Electric
- Hydraulic
- Hybrid
Breakup by Power Range:
- Upto 300 HP
- 301-500 HP
- 501 HP and Above
Breakup by Application:
- Mining
- Construction
- Waste Management
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Explore report description with table of contents: https://www.imarcgroup.com/excavator-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Market Drivers and Success Factors
- Industry Trends
- The Impact of COVID-19 on the Global Market
- Structure of the Global Market
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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According to the latest report by IMARC Group, titled “Wearable Technology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global wearable technology market exhibited strong growth during 2015-2020.
Looking forward, IMARC Group expects the global wearable technology market to grow at a CAGR of around 16% during the forecast period (2021-2026).We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
These observations will be integrated into the report.Request Free Report Sample:https://www.imarcgroup.com/wearable-technology-market/requestsampleWearable technology is an advanced technological solution integrated into electronic devices or gadgets worn on the body for tracking real-time biometric information.
They enable the wearer to track heart rate, pulse rate, steps taken, sleep hours, etc., with hands-free operations using microprocessors and sensors as information receptors.The growing healthcare industry across the globe is one of the key factors driving the wearable technology market.
Moreover, increasing consumer preferences towards sleek and compact health and fitness devices are also bolstering the product demand.
Furthermore, due to the ongoing COVID-19 pandemic, the requirement for wearable devices is witnessing a significant increase across healthcare centers.
According to the latest report by IMARC Group, titled “Digital Payment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global digital payment market reached a value of US$ 56.43 Billion in 2020.
Looking forward, IMARC Group expects the global market to grow at a CAGR of 20.3% during 2021-2026.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
The payment information is stored in a merchant-specific database that is available to both consumers and merchants, which helps in the efficient tracking of transactions.
These reliable solutions process transactions through secure gateways, which enable users to pay directly from their bank accounts.Get a PDF Sample for More Detailed Market Insights: https://www.imarcgroup.com/digital-payment-market/requestsampleThe global digital payment market is primarily being driven by the easy accessibility to high-speed internet, especially in developing economies.
This is further catalyzed by the introduction of the 5G network and rising sales of smartphones.
Moreover, governments of various nations are increasingly undertaking initiatives to promote cashless transactions.
According to IMARC Group’s latest report, titled “E-Beam Wafer Inspection System Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global e-beam wafer inspection system market reached a value of US$ 461 Million in 2020.
Looking forward, the market is expected to grow at a CAGR of around 21% during 2021-2026.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
E-beam wafer inspection system is a fabrication tool for semiconductors that utilizes electron beam scanning of integrated circuit (IC) components or wafers.
The technique is widely used in manufacturing compact gadgets, smartphones, laptops, and tablets.
E-beam wafer inspection system is also deployed in lithographic qualification, wafer dispositioning, and reticle quality optimization.Request Free Sample Report:https://www.imarcgroup.com/e-beam-wafer-inspection-system-market/requestsampleMarket TrendsThe expanding consumer electronics sector has led to the rising adoption of semiconductors in manufacturing specialized devices and consumer electronics, thereby augmenting the demand for e-beam wafer inspection system.
Additionally, the emergence of advanced automobile components, such as airbag controls, global positioning systems (GPS), anti-lock braking systems (ABS), and digital display devices, is also driving the market for the inspection system.
According to the latest report by IMARC Group, titled “Containerized Data Center Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026”, provide the global containerized data center market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 25% during 2021-2026.
The report provides a detailed analysis of the market by type of container, organization size, application, end use Industry and region also, the report analyzes the market’s competitive landscape.Report MetricHistorical: 2015-2020Base Year: 2020Forecast Year: 2021-2026Download free sample of the report: https://www.imarcgroup.com/containerized-data-center-market/requestsampleIndustry Definition and Application:A containerized data center is a shipping container that is set up to house IT equipment.
It acts as a caching and data aggregation point between users and larger data centers to ease the overwhelming data traffic and IT loads.
As a result, they find applications across various verticals such as telecom and IT, BFSI, healthcare, energy, education, and government sectors.Browse full report with TOC: https://bit.ly/2SKUczqNote: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
With the rapid growth of the IT industry, data center companies are also expanding their capacity by adopting the modular approach of containerized data centers.
The construction of these data centers does not involve huge investments and lowers capital expenditures compared to brick-and-mortar facilities.
According to the latest report by IMARC Group, titled "Cloud Security Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global cloud security software market grew at a CAGR of around 18% during 2014-2019.
Cloud security software is widely employed by numerous organizations for gaining multiple levels of control in a network infrastructure.
Apart from this, these solutions are deployed for safeguarding unstructured data formats and integrating the same with multiple processors or endpoints while eliminating the need to invest in expensive hardware.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
These observations will be integrated into the report.Click here to request a sample copy: https://www.imarcgroup.com/cloud-security-software-market/requestsampleGlobal Cloud Security Software Market Trends:The market is primarily driven by the growing adoption of cloud computing solutions in numerous industries across the globe.
This has stimulated the requirement for cloud security software to secure the integrity and continuity of resources at different levels.
These advanced technologies assist in facilitating easy data transfer and hindering unauthorized access during security breaches.
According to latest report by IMARC Group, titled “Mobile Application Development Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global mobile application development platform market size grew at a CAGR of around 26% during 2015-2020.
Looking forward, IMARC Group expects the global mobile application development platform market to exhibit strong growth during 2021-2026.
Mobile application development platform (MADP) refers to software that assists businesses to rapidly build, test, deploy, debug, and run mobile applications.
These applications are either delivered to application stores or pre-installed during the production of mobiles.
MADP offers front-end development tools, mobile backend as a service (BaaS), and management tools for application programming interfaces (APIs).We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
These observations will be integrated into the report.Request for a free sample copy of this report: https://www.imarcgroup.com/mobile-application-development-platform-market/requestsampleMarket Trends:The positive growth of the global MADP market can be attributed to the rising dependence of consumers on smartphones.
