Global Crawler Excavators Market in Construction Machinery & Heavy Trucks Industry|Discover Company Insights in Technavio

NEW YORK, July 18, 2021 /PRNewswire/ -- "Increasing automation in the construction industry and development of hybrid excavators will further boost market growth during the forecast period", says a senior analyst at Technavio.

Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have at Par on the crawler excavators market. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

The crawler excavators market in the construction machinery & heavy trucks is expected to grow by USD 9.96 billion, decelerating at a CAGR of almost 6% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Crawler Excavators Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist crawler excavators market growth during the next five years
• Estimation of the crawler excavators market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the crawler excavators market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of crawler excavators market vendors

Crawler Excavators Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the crawler excavators market. Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Corp., Hitachi Ltd., Hyundai Heavy Industries Co. Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International AG, and Terex Corp. are some of the major market participants.

• Crawler Excavators Market Size
• Crawler Excavators Market Trends
• Crawler Excavators Market Industry Analysis

This study identifies the development of hybrid excavators as one of the prime reasons driving the crawler excavators Market growth during the next few years.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR70092

Reasons to Buy the Report:

• Leverage latest data mapping the technological advancements
• Find deeper market insights and forecast information about current market developments.
• Explore insights on key market accelerating factors.
• Identify potential threats to market growth.
• Understand the impact of trends likely to influence market growth positively or negatively.

Key Topics Covered:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation by Application
• Market Segmentation by Geography
• Customer landscape
• Geographic Landscape
•  Vendor Landscape
• Vendor Analysis
• Appendix

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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Report link: https://www.technavio.com/report/crawler-excavators-market-industry-analysis

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SOURCE Technavio