Dublin, Nov. 20, 2018 (GLOBE NEWSWIRE) -- The "Global Hydraulic Excavator Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The hydraulic excavator market will register a CAGR of over 2% by 2023.

Growing awareness of global warming and climate change is creating a demand for green buildings. Buildings emit more greenhouse gases than the transportation industry. Huge amount of energy is consumed during the construction, establishment and subsequent services of buildings. Green buildings are energy efficient-buildings which are designed to consume less energy. Green buildings conserve energy by recycling the by-products released by the building.

The energy consumption will increase with growing demand for residential and commercial spaces in developing nations. This will create a demand for energy efficient green buildings which will consequently drive the growth of the hydraulic excavator market during the forecast period.

Market Overview

Increasing requirement for large-scale project management

Hydraulic excavators help in automating processes which results in low workloads and high overall productivity. The revenues can also be increased by reducing the operating time through conversion ratio and running time calculation. Efficient process management can be achieved by hydraulic excavators due to their ability to provide automated services which reduce response time. These benefits of hydraulic excavators help in efficient large-scale project management which in turn drives its adoption in the construction industry.

Stringent emission regulations for construction machinery

Environment governing bodies have set up strict norms to reduce emissions from factories, production facilities, machinery, vehicles, and equipment. These norms limit particulate matter emission for construction machinery. Vendors need to install additional parts in the equipment to comply with these strict emission norms. This increases the cost of the machinery thereby hurting the growth prospects of the hydraulic excavator market.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Caterpillar, and Hitachi Construction Machinery the competitive environment is quite intense.

Factors such as the, growing demand for large-scale project management will provide considerable growth opportunities to hydraulic excavator manufacturers. Caterpillar, Hitachi Construction Machinery, Komatsu, Terex, and Volvo are some of the major companies covered in this report.

Report Summary:

The demand for green buildings will increase during the forecast period. The growing construction of green buildings will drive the growth of the hydraulic excavator market.

According to the report, one of the major drivers for this market is the growing demand for large scale project management in the construction industry. Hydraulic excavators offer several beneficial features such as process management, profitability projection, and automation which helps in efficient large-scale project management.

Further, the report states that one of the major factors hindering the growth of this market is the strict emission regulations for construction machinery. To follow these norms, vendors need to install additional parts in their products which increases the overall costs and therefore hamper market growth.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Contractors - Market size and forecast 2018-2023
• Rental providers - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by end-user

PART 07: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Construction - Market size and forecast 2018-2023
• Mining - Market size and forecast 2018-2023
• Utilities - Market size and forecast 2018-2023
• Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY TECHNOLOGY

• Market segmentation by technology
• Comparison by technology
• Crawler excavators - Market size and forecast 2018-2023
• Mini excavators - Market size and forecast 2018-2023
• Wheeled excavators - Market size and forecast 2018-2023
• Market opportunity by technology

PART 10: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 13: MARKET TRENDS

• Growing construction of green buildings
• Increasing popularity of hybrid technology
• Shift from conventional technology

PART 14: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 15: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Caterpillar
• Hitachi Construction Machinery
• Komatsu
• Terex
• Volvo
  

For more information about this report visit https://www.researchandmarkets.com/research/tn6szk/global_hydraulic?w=12

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Related Topics: Excavation and Earthmoving Equipment 

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