Reports
Increase in dredging activity in shallow rivers worldwide fuels sale of amphibious excavator
Dredging is a process of excavation of sediment from the bottom of a water body and disposing it to a different location. Rise in water-borne trade in shallow waters across the globe is increasing the demand for dredging. Dredging is required so that water-borne traffic can easily move through the water body for transportation. Amphibious excavators are widely utilized across the world for dredging purposes. Consequently, a rise in dredging activity across the globe drives the sale of amphibious excavators.
Rise in construction across the globe propels sale of amphibious excavator
The construction sector is significantly large worldwide, and it is estimated that US$ 10.0 trillion is spent, annually across the globe, in goods and services related to the construction sector. Rise in commercial and industrial construction in Asia Pacific is driving the demand for amphibious excavators. Emerging economies in Asia Pacific, such as China and India, are witnessing a rise in industrial activity, which is boosting both residential and commercial construction and consequently, propelling the demand for amphibious excavator.
Asia Pacific to hold prominent share of global amphibious excavator market
Global amphibious excavator market consists of a large number of global players operating in more than one region. Competition is intense among global and regional players operating in the amphibious excavator market. A few key players operating in the global amphibious excavator market are:
The global amphibious excavator market can be segmented based on:
Global Amphibious Excavator Market, by Weight (Tons)
In terms of weight (tons), the global amphibious excavator market can be divided into:
Global Amphibious Excavator Market, by Application
On the basis of application, the global amphibious excavator market can be classified into:
The report on the global amphibious excavator market is a compilation of first-hand information, qualitative and quantitative assessment by market analysts, and inputs from market experts and market participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness of each segment. The report also maps the qualitative impact of various market factors on segments of the global amphibious excavator market across regions.
N/A