Earthmoving equipment market in Europe to grow at a CAGR of 6.68% over the period 2014-2019
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About Earthmoving Equipment
Earthmoving equipment refers to heavy equipment used in the construction industry to move large amounts of earth, dig foundations, and landscape. Earthmoving equipment include excavators, loaders, and construction tractors. The earthmoving equipment industry is one of the major segments of the overall construction equipment industry.
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Technavio's analysts forecast the earthmoving equipment market in Europe to grow at a CAGR of 6.68% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the earthmoving equipment market in Europe for the period 2015-2019. It also includes the historical sales of earthmoving equipment in the region. In this report, we determined the market size according to the consumption value of earthmoving equipment and estimated the growth prospects of the market after an analysis of the present market conditions. In addition, the report discusses the major drivers influencing the growth of the market, and the major challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Key Leading Countries
France
Germany
Italy
UK
Key Vendors
Caterpillar
JCB
Komatsu
Volvo
Other Prominent Vendors
Hitachi Construction Machinery
Liebherr
Market Driver
Recovery of Construction Industry
For a full, detailed list, view our report
Market Challenge
High Cost of Manufacturing
For a full, detailed list, view our report
Market Trend
Growth of Equipment Rental Business
For a full, detailed list, view our report
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Key Questions Answered in this Report
What will the market size be in 2019 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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