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Covered in this Report• In this report, Technavio covers the present and future
market scenarios of the excavator market in Russia for the period 2015-2019.
• To calculate the market size, we have considered the consumption value of excavators in Russia.
• The performance of the market has been presented on the basis of the CAGR derived from the analysis of present market conditions.
• In this report, we discuss the major drivers influencing market growth, challenges faced by vendors and the market as a whole, and key trends emerging in the market.
• We also provide a detailed analysis of the key vendors in the market.
Excavator Market in Russia 2015-2019
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Market Overview
• Excavators are used to unearth, transport, and unload materials with the help of a bucket fitted to a boom.
• They move on crawlers or wheels. Excavators are versatile heavy construction machines used for below- and above-ground operations, including land leveling, digging trenches, and sinking wells.
• Technavio's analysts forecast the excavator market in Russia to grow at a CAGR of 6.54% over the period 2014-2019.
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Key Vendors and Regions
• Caterpillar
• Hitachi
• Komatsu
• Liebherr
• JCB
• John Deere
• Kobelco Construction Machinery Europe
View Our Report: Excavator Market in Russia 2015-2019
• Russia
Vendors Regions
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Key Findings• Russia is one of the BRIC nations that are identified as the fastest emerging
markets.
• The market has been showing positive signs of development post the economic crisis of 2008.
• It has gradually shifted from recovering to the developing stage resulting in an increase of approvals for infrastructure projects.
• The Russian government is putting undivided attention on all sectors of construction from small residential projects to mega-structures.
• To control increase in excavator rentals and improve organizational sales, manufacturers are providing incentives such as free attachments and supporting equipment on bulk orders, to promote equipment purchases.
• Such incentives make the purchase of equipment more attractive and cost-effective for buyers.
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Key Questions Answered in Our 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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• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.
About Technavio
Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo
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Excavator Market in Russia 2015-2019
49 Pages | SKU: IRTNTR6581
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