Investments from developed countries, favorable government policies and FDI stimulating demand


DUBLIN, December 9, 2021 / PRNewswire / – The “Germany Crawler Excavator Market – Strategic Assessment and Forecast 2021-2027” the report was added to ResearchAndMarkets.com offer.

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Germany Hydraulic Excavator market size to reach a volume of 24,514 units by 2027, growing at a compound annual growth rate (CAGR) of 4.48% in volume during 2021-2027

The growing demand for crawler excavators is attributed to investments from developed countries, favorable government policies and FDI, refocus on domestic manufacturing, and upcoming industrial developments in mining and construction sectors.

From intelligent systems driven by IoT and data analytics to service, networking and sustainability, the crawler excavator market is shifting to a more innovative industry. the Germany The crawler excavator market is expected to show gradual growth of 4,781 units during the forecast period 2021-2027.

GERMANY TRACKED EXCAVATOR MARKET OVERVIEW

In 2021, the Germany the tracked excavator market size was 18,846 USD units by turnover. Rising fuel prices will increase demand growth for mini excavators as they are more fuel efficient, and manufacturers offer electric compact excavators in German industry.

The mining industry is a major contributor to the large excavator market in the country. Demand for these excavators will be supported by a growing preference for new mining projects in the country. Agriculture is one of the largest industries in Germany. It is estimated that the use of mini excavators and small excavators is increasing in the industry due to their high energy efficiency and the availability of the latest technologies at low cost.

The high market share is due to government investments in construction projects and the growing consumer preference for light and compact excavators.

HIGHLIGHTS OF THE REPORT

  • Several global companies have their manufacturing base for a manufacturing base in Germany, increasing competition in the market.

  • Machinery and equipment are some of the technological factors that Germany as a high-tech nation and combining all the key technologies of the future. Small and medium-sized enterprises dominate the national M&E sector.

  • Ongoing construction and infrastructure projects, coupled with the country’s infrastructure development plans related to housing construction, are expected to boost the 102-200 hp Crawler market.

GERMANY TRACKED EXCAVATOR MARKET – SEGMENTATION ANALYSIS

  • Germany The mini crawler excavator market is expected to reach $ 787.4 million by 2027, with a CAGR of 4.86%.

  • The construction equipment industry contributes significantly to the country’s GDP growth, with more than 5% of the annual gross output.

SELLER’S LANDSCAPE

  • Komatsu collaborated with Honda Motor to manufacture an electric micro excavator powered by Honda mobile batteries for the civil engineering and construction industries to add new environmentally friendly products to its portfolio and meet demand. growing of environmentally friendly products in the construction machinery industries.

  • Volvo Construction Equipment is a global construction equipment company headquartered in Gothenburg, Sweden. The company has partnered and collaborated with other leading companies to take advantage of market demand.

Main suppliers

  • caterpillar

  • Komatsu

  • Hitachi construction machinery

  • Hyundai construction equipment

  • SANY

  • Volvo construction equipment

  • Doosan Heavy Industries & Construction

  • Kobelco

Other important suppliers

  • Sumitomo Heavy Industries

  • Kubota Company

  • Ingersoll Rand

  • Liebherr Group

  • Xuzhou Construction Machinery Group Co., Ltd. (XCMG)

  • Leeboy

Main topics covered:

Section 1 – Presentation

  • Market Snapshot

  • Summary

Section 2 – Market Overview

  • Economic Scenario, Opportunities in Germany, Equipment Financing Structure, Supply Chain Overview, COVID-19 Impact, COVID-19 Impact Analysis

Section 3- Technological advances

Section 4 Market dynamics

Section 5 – Germany Tracked Excavator Market (Type and Curb Weight)

  • Germany Crawler Excavator Market by Excavator Type

  • Mini Crawler Excavator, Market Size and Forecast, Volume and Value

  • Small Crawler Excavator, Market Size and Forecast, Volume and Value

  • Medium Crawler Excavator, Market Size and Forecast, Volume and Value

  • Large Crawler Excavator Market Size and Forecast, Volume and Value

  • Germany Crawler Excavator Market by Application

  • Crawler Excavator, Construction Market Size and Forecast, Volume and Value

  • Crawler Excavator, Mining Market Size and Forecast, Volume and Value

  • Crawler Excavator, Agriculture Market Size and Forecast, Volume and Value

  • Crawler Excavator, Forest Market Size and Forecast, Volume and Value

  • Crawler Excavator, Other Sizes and Market Forecast, Volume and Value

  • Germany Crawler Excavator Market by Gross Horsepower

  • Crawler Excavator Market By Gross Power Output, <_0hp_>

  • Crawler Excavator Market by Gross Power Output, 61hp-11hp, Volume

  • Crawler Excavator Market by Gross Power Output, 12hp-200hp, Volume

  • Crawler Excavator Market by Gross Power Output,> 21hp, Volume

Section 6 – Market landscape

Section 7 – Competitive landscape

  • Company Profile of Major Suppliers (Komatsu, Hitachi Construction Machinery, Caterpillar, Hyundai Construction Equipment, Doosan, JCB, SANY)

  • Other important suppliers

Section 8 – Summary of the report

Article 9 – Annex

For more information on this report, visit https://www.researchandmarkets.com/r/d5wsg4

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