Brazil Crawler Excavator Market Assessment and Forecast Report 2021-2027 with Caterpillar, Komatsu, Hitachi, Sany, Volvo Construction Equipment and Kobelco – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The “Brazilian Crawler Excavator Market – Strategic Assessment and Forecast 2021-2027” report was added to ResearchAndMarkets.com offer.

The Brazilian crawler excavator market size was 6,799 units in 2020, with a CAGR of 5.26%.

The report examines the current Brazil crawler excavator market scenario and market dynamics for the forecast period 2021-2027. It covers a detailed overview of several growth factors, restraints and market trends. The study includes sales volume and value with an analysis of the Brazil Crawler Excavator market segment.

The Brazilian crawler excavator market is expected to show gradual growth of 2,623 units. Caterpillar, Komatsu, Hitachi, Sany, Volvo Construction Equipment and Kobelco are some of the major suppliers to the Brazilian crawler excavator market. CAIXA, a Brazilian commercial bank, planned to invest BRL 43 billion (USD 8.2 billion) in the real estate sector, fueling demand in the Brazilian crawler excavator market. In Brazil, the crawler excavator market is expected to generate solid revenue in the coming years.

Civil construction companies and heavy equipment manufacturers can secure big deals while contributing to the growth of the country. Manufacturers are making operational advancements in their hydraulic excavator motors, hydraulic systems, structure, tracks and cabin construction to improve fuel efficiency and competitiveness. Manufacturers of heavy construction machinery introduce several machines with high energy efficiency.

TRACKED EXCAVATOR MARKET OVERVIEW IN BRAZIL

  • Excavators used in the construction industry accounted for the largest market share of around 46.4%, followed by mining with 20.7%.

  • Hydraulic excavators with gross power> 201 HP accounted for the highest market share of around 63.0% in 2020.

  • The government’s ambitious economic strategy is to increase infrastructure spending to over $ 65 billion a year by 2022, which will fuel demand for Brazil’s construction equipment industry.

  • In the coming years, Brazil is expected to experience a constant development of green buildings. This prediction is based on the rapid growth of green certifications, which has resulted in a reasonably mature industry.

  • Medium excavators accounted for the largest share of around 39.2% due to their growing popularity.

HIGHLIGHTS OF THE REPORT

  • By shifting to intelligent systems driven by IoT and data analytics for service, networking and sustainability, the crawler excavator industry is shifting to a more innovative industry.

  • In Brazil, the rental business is growing rapidly. With most OEMs offering rental services in this space, most rental equipment in Brazil is dominated by unorganized players in the Brazilian crawler excavator industry.

  • The majority of OEMs have their manufacturing facilities in Brazil, so they mainly rely on local distributors and dealers for the sale of crawler excavators.

TRACKED EXCAVATOR MARKET IN BRAZIL – SEGMENTATION ANALYSIS

  • Mini crawler excavators are mainly used in small construction activities in urban areas, as these equipments are compact and can be moved flexibly in small areas. The construction industry is largely the driver of demand for mini excavators in Brazil.

  • Surface mining makes extensive use of small to medium excavators. Surface mining operations to move overburden over coal and oil sands mining use large excavators.

Market segmentation by excavator type and operating weight

  • Mini (Less than 6 tons)

  • Small (6-24 tons)

  • Medium (25-40 tons)

  • Large (over 40 tonnes)

Market segmentation by application

  • Construction

  • Mining

  • Agriculture

  • Forestry

  • Others

Market segmentation by gross power

  • 61-101 CV

  • 102-200 HP

  • > 201 CV

TRACKED EXCAVATOR MARKET IN BRAZIL – SELLERS LANDSCAPE

Main suppliers

  • caterpillar

  • Komatsu

  • Hitachi

  • Sany

  • Volvo construction equipment

  • Kobelco

  • JCB

  • Hyundai

  • Doosan

Other important suppliers

  • Leeboy

  • Sumitomo

  • Liebherr

  • XCMG

  • Kubota

  • Ingersoll Rand

Rental companies

  • Grand Rentz

  • Echafaudage King Rentals, Inc

  • Full exterior

  • A source

  • Ice

WHY BUY THIS REPORT?

This report is among the few in the market that offers an analysis of the outlook and opportunities in terms of-

  • Volume (Unit sales)

  • Type

  • Excavator Type and Operating Weight

  • Application

  • Gross output power

  • Value (USD)

  • Type

  • Excavator Type and Operating Weight

  • Application

  • Gross output power

  • Get competitive insights on the economic scenario, advantages in Brazil, major projects and investments, market dynamics and shares.

  • Examples of latest technologies

  • Get presentation-ready format and easy-to-interpret data

  • Enable decision-makers to make informed and profitable choices

  • Obtain expert quantitative and qualitative analysis of the Brazil Crawler Excavator Market share value / volume growth projections

  • Complete supply chain analysis

  • Get an Industry COVID-19 Impact Analysis

  • Company Profile of Top 15 Suppliers

For more information on this report, visit https://www.researchandmarkets.com/r/s83ieu


Source link

About Pia McArthur

Check Also

More record revenues for “Munchie Magic” baristas in September as expansion continues, opening 5 new locations

SEATTLE, WA / ACCESSWIRE / October 7, 2021 / Baristas Coffee Company / Munchie Magic …