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(EstateNewsWire.com, May 12, 2017 ) 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.
Technavios analysts forecast the global mini excavators market to grow at a CAGR of 3.55% during the period 2017-2021.
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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 ukurova 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
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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?
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