Global Wheeled Excavators Market 2024-2028
Global Wheeled Excavators Market 2024-2028
The wheeled excavators market is forecasted to grow by USD 1290.8 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the wheeled excavators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in residential and commercial construction activities, increase in number of smart cities, and growing trend of construction equipment rentals.
Technavio's wheeled excavators market is segmented as below:
- By Application
- Construction
- Utility
- Mining
- By End-user
- Contractors
- Rental providers
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the new product launches by market vendors as one of the prime reasons driving the wheeled excavators market growth during the next few years. Also, integration of advanced technology in wheeled excavators and increasing popularity of pre-owned wheeled excavators will lead to sizable demand in the market.
The report on the wheeled excavators market covers the following areas:
- Wheeled excavators market sizing
- Wheeled excavators market forecast
- Wheeled excavators market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wheeled excavators market vendors that include AB Volvo, Caterpillar Inc., China National Machinery Industry Corp. Ltd., CNH Industrial N.V., Deere and Co., Groupe Mecalac SAS, HD Hyundai Construction Equipment Co. Ltd., Hitachi Ltd., J C Bamford Excavators Ltd., Karmica Global , Komatsu Ltd., Liebherr International AG, MaxPower Corp.`, Podlasly Baumaschinen GmbH, Sany Group, SHANDONG KEN STONE HEAVY MACHINERY CO. LTD, Wacker Neuson SE, Xuzhou Construction Machinery Group Co. Ltd., and Yanmar Holdings Co. Ltd.. Also, the wheeled excavators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.