#GCC Heavy Construction Equipment Rental Market
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aarunresearcher · 7 months ago
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prenasper · 9 months ago
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GCC Construction Equipment Market Share, Industry Size, Revenue, Growth Drivers, Upcoming Trends, Challenges, Business Opportunities and Forecast 2033: SPER Market Research
The term "construction machinery" describes a wide range of strong tools made for different construction jobs, which greatly boost the output and advancement of building projects. On building sites, these instruments are especially made to do labor-intensive jobs including grading, lifting, excavating, and moving materials. Cranes, loaders, bulldozers, excavators, and concrete mixers are typical examples. Bulldozers are needed for grading and earthmoving, while excavators are multipurpose tools with a bucket for lifting and digging tasks. Loaders help move things throughout the site, but cranes are required for lifting and positioning heavy items. The right mixing of the components of concrete is ensured by concrete mixers. Modern technologies that rely on efficiency and precision, like GPS systems, have been made feasible by advancements in construction machinery.
According to SPER market research, ‘GCC Construction Machinery Market Size - By Machinery Type, By Application Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the GCC Construction Machinery Market is predicted to reach USD 6.86 billion by 2033 with a CAGR of 3.38%.
The market is anticipated to rise as a result of the region's expanding construction industry, rising crane demand, and growing inclination toward automation and telematics for market advancement. Nonetheless, the region's capacity to develop and market new construction equipment may be hampered by the rising demand for rental services.
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Due to the numerous ongoing construction and water projects in countries like Oman and the United Arab Emirates, cranes are predicted to dominate the machinery market. However, it is projected that the construction industry will benefit from the government's increased infrastructure investment and the initiation of development projects in the upcoming years.
The shifting conditions in the GCC Construction Equipment Market are influenced by a number of challenges. Many GCC countries rely mostly on oil money to pay their construction projects, thus fluctuations in the economy, particularly those related to oil prices, provide a serious difficulty. Geopolitical disputes in the area may also impede construction efforts. The machinery industry is impacted by changes in standards and compliance requirements, which also increase the complexity of the regulatory environment. One recurring problem that makes it difficult to fully utilize modern construction equipment is the lack of skilled labor. Although increasing output is the goal of these robots, a lack of skilled operators could lead to project delays and higher running costs.
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The COVID-19 pandemic had a detrimental effect on the market under review, mostly as a result of the construction and manufacturing industries ceasing. The governments of the Middle East also stopped expanding the pipeline and cut employees at the locations. As a result, the output of buildings has decreased. However, the market is expected to see significant expansion throughout the estimated period due to the increase in building activities, which is probably mostly caused by greater government backing and the global revival of construction activities.
GCC Construction Machinery Market Key Players:
Furthermore, The construction machinery industry in the United Arab Emirates (UAE) is predicted to develop at the quickest rate among Middle Eastern countries, as the construction sector is a vital driver for the UAE's economy. Additionally some of the market players are: JCB, Kobelco Construction Machinery, Komatsu, Liebherr International AG, Mitsubishi, Sumitomo Construction Machinery, Volvo Construction Equipment Corp., Wirtgen Group, Others.
Middle East Construction Equipment Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Machinery Type: Based on the Machinery Type, GCC Construction Machinery Market is segmented as; Crane, Excavator, Loaders and Backhoe, Motor Graders, Telescopic handles, Others.
By Application Type: Based on the Application Type, GCC Construction Machinery Market is segmented as; Concrete Construction Equipment, Earth Moving Equipment, Material Handling Equipment, Road Construction Equipment.
By Region: This research also includes data for Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Rest of GCC Countries.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Middle East Construction Equipment Market Demand
Related Reports:
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Saudi Arabia Real Estate Market Size- By Property Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
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coltermartinez · 2 years ago
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Growing utilization of boom lifts in construction and mining sector are anticipated to promote the growth of global boom lifts market and help to attain significant revenue of by 2033.
New York – October 10, 2022 – The recent market research analysis of “Boom Lifts Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global boom lifts market in terms of market segmentation by product type, power source, end user and by region over the forecast period, i.e., 2023-2033.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global boom lifts market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
Boom lifts market to find numerous growth opportunities on the back of rapid expansion of oil and gas industry, finds Research Nester
The global boom lifts market is estimated to grow majorly on account of the surge in the number of construction and mining activities, rapid urbanization across the world, increasing residential constructions, a steady increase in the rental of construction equipment, an increase in disposable incomes and rise in a number of smart city projects. More than 2000 projects worth more than 5 billion dollars have been completed under India's smart city initiative. There are currently approximately 4,500 projects worth USD 20 billion under development.
Increasing oil and gas production in emerging countries as well as increased investment in the oil and gas industry is expected to augment segment growth over the forecast period. Oil and gas exploration and production is considered to be one of the core industries in India and USD 24 billion is predicted to be invested within the sector by 2022. Moreover, the construction of oil and gas projects requires drilling rigs, heavy-duty pipelines, and safe operating of drilling rigs and pipelines, which is expected to drive growth in the segment over the forecast period.
By region, the Asia Pacific boom lifts market is to generate the highest revenue by the end of 2033. A significant increase in the number of construction activities and investments in existing infrastructure is being undertaken in emerging economies like China and India which is anticipated to drive the regional market growth over the forecast period. As per the data, under the program referred to as the National Infrastructure Pipeline, the Indian government intends to invest USD 1.3 trillion in infrastructure over the next five years. A total of 12% of FDI inflows were directed to the infrastructure sector in 2021, totaling USD 80 billion.
The research is global in nature and covers detailed analysis on the boom lifts market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global boom lifts market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global boom lifts market which includes company profiling of Terex Corporation, Genie, JLG Industries, Inc, Prangl, Sinoboom, MEC Co., Ltd., Nifty Lift, Snorkel Lif, Skyjack and Haulotte Group, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global boom lifts market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     
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severepeanutperfection · 2 years ago
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MEA Rough Terrain Cranes Market to Witness a Healthy Growth by 2032
Rough terrain crane comes across as a kind of hydraulic crane used to move, lift, load, and unload heavy materials all across construction and the other industry verticals.
MEA rough terrain cranes market stands at ~US$ 302.5 Mn as of now and is expected to reach US$ 641.9 Mn by the year 2032 at a CAGR of 7.3% from 2022 to 2032.
MEA rough terrain cranes market emphasizes on 6 regions – Northern Africa, GCC countries, Turkey, South Africa, Israel, and the rest of MEA.
Rough terrain cranes are a preferred choice as far as off-road uses are concerned. This could be credited to their robust construction. Also, continuous improvisation is being done, so that they turn out to be apt for the rough terrain.
The features like easy handling, flexibility on the count of placing on hard sites, the way they could be easily moved from a work site to the other, and ease with which they could be stored when they are not in use compel the key market participants to use them over lift trucks. Also, majority of rough terrain cranes have been designed such that both – labor and time are saved by minimization of operational costs. Emergency rescue features are also included herein, which simplify the task of lifting people from collapsing or dangerous work sites.
Automated technologies are being implemented with the objective of reducing human interaction in the manufacturing facilities. This factor is expected to bolster MEA rough terrain cranes market’s growth in the next decade. Several industry verticals have begun with adoption of automatic cranes due to the reason mentioned above. For example – Manitowoc, in February 2020, put forth Grove GRT8120 rough-terrain crane.
Plus, the transportation and construction verticals are growing at a rapid pace.
One of the trends is also that of an ever-increasing demand for rental rough terrain cranes. Adoption on their part has actually taken over the new units. This could be reasoned with higher cost of the rough terrain cranes.
Telematics is also in its advanced stage. This is another factor expected to provide business opportunities. The end-consumers are asking for advanced rough train cranes with automation and diagnosis at advanced levels.
Initially, rough terrain cranes used to comprise 2 exclusive engines to transmit power for transportation and cranes’ operations. That used to be actually proportional to requirement of load. However, now the manufacturers prefer usage of a powerful engine that could efficiently perform both the functions. Along these lines, TADANO has come up with new-fangled models of cranes that enclose an eco-made system and a fuel-monitoring system that lessens fuel consumption and provides a much better control over the engine when it’s idle.
At the same time, the fact that higher capital investment could hamper MEA rough terrain cranes market can’t be ignored. Also, the market is facing dearth of skilled professionals over here.
Key Takeaways from the MEA Rough Terrain Cranes Market
1 – 75 tons rough terrain cranes are holding the largest market share. They account for more than 30% of the overall market revenue. This could be attributed to growing demand for lifting operations along with the versatility with respect to performing off-road and on-road construction projects.
GCC countries account for close to 60% of the overall market share. Turkey and South Africa follow suit.
“With urbanization increasing at an alarming rate, the demand for rough terrain cranes is bound to substantiate in the forecast period”, says an analyst from Future Market Insights.
Competitive Arena
The Manitowoc Company, Inc., in February 2020, came up with Grove GRT8120 rough terrain crane.
TADANO, in February 2019, completed acquisition of Demag mobile crane business from Terex Corporation for close to US$ 215 Mn.
Liebherr, in February 2019, signed a contract with AI Faris Equipment Rentals. It implied delivering 12 cranes from novel LRT rough terrain cranes series worth close to US$ 25.8 Mn.
XCMG, in July 2020, did launch 750 tons XCA750 eight axle all-terrain crane, which has a 7-section, 92-meter main boom, topped by heavy-duty hydraulically erected wind turbine extension. Its purpose is to undertake maintenance and repairs of wind turbine.
Johnson Arabia, in May 2020, inducted 10 novel Grove rough terrain cranes into the fleet for targeting lifting projects in oil & gas sector.
Thunder Cranes, in September 2022, announced reopening the operations in Middle East with new-fangled base in the UAE.
Dubai Cranes & Technical Services LLC, in December 2020, tabled 8 novel models of the wire rope hoists that range from 3.2 to 40 tons.
Liebherr, in July 2022, announced launching H2 direct injection for the heavy-duty combustion engines as it’s conducive to heavy applications.
Terex Corporation has inked an agreement with Galadari Heavy Equipment Division to distribute rough terrain cranes all over the Middle East.
Browse Detailed Summary of Research Report with TOC: https://www.futuremarketinsights.com/reports/mea-rough-terrain-cranes-market  
Key Segments Covered in MEA Rough Terrain Cranes Market Analysis
By Lifting Capacity:
Upto 25 Tons
25.1 to 50 Tons
50.1-75 Tons
75.1-100 Tons
More than 100 Tons
By Boom Length:
Upto 25 Meters
25.1-35 Meters
35.1-50 Meters
More than 50 Meters
By Sales Channel:
New Sales
Equipment Rental
By Country:
GCC Countries
Israel
Turkey
South Africa
Northern Africa
Rest of the Middle East and Africa
What does the Report Cover?
Future Market Insights offers an exclusive perspective and various real-time insights on the dermatology devices market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
The research study is based on lifting capacity (up to 25 tons, 25.1 to 50 tons, 50.1 to 75 tons, 75.1 to 100 tons, and more than 100 tons), by boom length (upto 25 meters, 25.1 to 35 meters, 35.1 to 50 meters, and more than 50 meters), and by sales channel (new sales and equipment rental).
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marketreportss · 2 years ago
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How to boom Crane in Manufacture Industry ?
According to this latest study, the growth in The global Crane Market is anticipated to reach a market value of USD 43.35 Billion by 2027, recording a CAGR of 5.45%, during the forecast period. The market was worth USD 31.30 Billion in 2019.
The rise in infrastructure investment and growth in investments by the mining sector in construction equipment, across the world, are likely to drive the demand for cranes. The market for cranes has experienced low demand till last year, owing to factors, such as low prices of crude oil and commodities and consequent fall in demand from the construction sectors of countries in the Middle East, Africa, South America, and Russia, which depend on oil revenues. However, with the recent uptick in oil prices, the demand from oil-producing countries is expected to grow. Growing protectionism and the ensuing trade barriers, both tariff and non-tariff, are expected to significantly dent the demand for cranes, as the prices of raw materials are expected to increase. For instance, the United States has imposed tariffs on steel and aluminum imports, which may lead to an increase in the cost of manufacturing machinery in the United States. In addition to the abovementioned factors, the construction industry has been exhibiting its inclination toward hiring rental cranes and buying used cranes. While the former may remove the burden of maintaining the fleet, the latter is expected to cut the cost of purchase, significantly. However, stringent emission norms enacted by various jurisdictions are anticipated to create demand for new cranes that comply with the new regulations.
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Leading Key Players Covered in  Crane market:
·         Konecranes PLC.
·         Cargotec OYJ
·         Manitowoc
·         Terex Corporation
·         Tadano Limited
·         Kobelco Cranes Co. Limited
·         Palfinger AG
·         Liebherr-International AG
·         Zoomlion Heavy Industry Science
·         and Technology Co. Limited
·         Favelle Favco Group
·         Hitachi Sumitomo Heavy Industries Construction Cranes Co. Ltd.
·         Others
These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.
Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
Segmentation of  Crane market:
By  Type:       
Mobile Cranes,Fixed Cranes,Marine And Offshore Cranes And Others
By Applications:        
Construction & Infrastructure,Mining And Excavation,Marine And Offshore,Industrial Applications,Other Application Types
Geographic Segment Covered in the Report
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
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https://introspectivemarketresearch.com/inquiry/15820
Reasons to Purchase this Market Report:
Market forecast analysis through recent trends and SWOT analysis
 Crane Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
 Crane Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
Competitive environment related to the  Crane market share for key players, along with new projects and strategies that players have adopted over the past five years
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techsciresearch · 3 years ago
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Saudi Arabia Construction Equipment Rental Market to Surpass USD2166 Million by 2026
Increasing infrastructure development projects are driving the growth in Saudi Arabia construction equipment rental market in the forecast period, 2021-2026.
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According to TechSci Research report, “Saudi Arabia Construction Equipment Rental Market By Equipment Type (Dump Truck, Diesel Genset, Crane, Wheel Loader, Excavator, Bulldozer, Motor Grader, Telescopic Handler and Others), By Region (South & West, North & Central, East), By Province (Mecca, Riyadh, Eastern, Asir, Medina, East), Competition, Forecast & Opportunities, 2016-2026F”, the Saudi Arabia construction equipment rental market would potentially project a growth of 6.85% in the forecast period, 2021-2026 on the account of rapidly surging demands from the construction industry. Many projects, including port development, airports, railways, bridges, power & water and oil sector, are in the pipeline as of 2020. The government in the kingdom has expressed its plan to enhance the infrastructural development in the country. This is expected to fuel growth in the construction industry and consequently increase the demand for construction equipment rental in Saudi Arabia during the forecast period.
Moreover, the Saudi Arabian government’s initiatives to transform the country from an oil-based economy to a more reliant on manufacturing and service-based economy are expected to drive the construction market in the region. Furthermore, an increase in government infrastructure spending, population expansion, and an increase in disposable income is believed to have increased demand for residential, commercial, and institutional structures, which will enhance demand for construction equipment. In the following years, the Saudi Arabian government's increased focus on expanding net spending and the introduction of Vision 2030 is expected to considerably enhance the country's economy and construction sector. Among the GCC countries, Saudi Arabia is the fastest-growing destination for exports of heavy machinery from ASEAN nations. Saudi Arabia has led the transformation in the GCC construction market with the development of six economic cities.
Browse over XX market data Figures spread through 80 Pages and an in-depth TOC on " Saudi Arabia Construction Equipment Rental Market"
https://www.techsciresearch.com/report/saudi-arabia-construction-equipment-rental-market/2315.html
The Saudi Arabia construction equipment rental market is segmented on the basis of equipment type, province, and regional distribution. Based on Equipment type, the market is further fragmented into Dump Truck, Diesel Genset, Crane, Wheel Loader, Excavator, Bulldozer, Motor Grader, Telescopic Handler and Others.
Due to its advantages, the wheel loader is predicted to register the largest revenue shares and dominate the market segment in the next five years. Various advantages associated with wheel loader are High capacity in carrying loads, Options for different sizes, Low maintenance, Versatility in different applications, Ease of operation and reduced operating costs. Apart from its utility as an earthmover, wheel loaders can also be used in different applications. With the option for different attachments, wheel loaders default buckets can be changed into blades, augers, backhoes, hammers, rakes, etc. wheel loaders can also be used to lift trash, carry pipes, compact gravel, move hay bales, drill holes, and hammerstones. Moreover, wheel loaders require less training costs. It also makes the tasks in a job site faster to complete, with less manpower needed to manually carry heavy loads, resulting in fewer days spent on a project and fewer human resources costs.
Key market players in the Saudi Arabia Construction Equipment Rental market include:
Zahid Tractor and Heavy Machinery Company
General Contracting Company (GCC)
Bin Quraya Rental
Industrial Supplies Development Co. Ltd. (ISDC Rental Company)
Abdulla Nass & Partners Co. Ltd. (ANPC)
Saad Al Qahtani Contracting (SAQCO)
Arabian Consolidated Trading Group – Crane & Heavy Equipment Rental          
Altaaqa Alternative Solutions Co. Ltd.
Al Faris            
Rezayat Sparrow Arabian Crane Hire Co. Ltd.
Based on region, the market is segmented into South & West, North & Central and East Region. South & West region is anticipated to hold the largest revenue shares of the market and dominate the segment in the upcoming five years on account of increasing infrastructure development projects in the region. Furthermore, tourism activities in these regions are expected to contribute to the GDP of the region, thereby creating ample demand for construction activities in the coming years. Growth of the real estate sector across northern & central region is mainly due to increased investments from the government in construction projects which is expected to positively influence the demand for construction equipment.
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“Saudi Arabia construction equipment rental market is anticipated to grow at a healthy CAGR between 2016-2026, owing to the increasing investment in infrastructure projects, shifting from oil-based economy to service based and increasing foreign direct investment in the kingdom. Moreover, favorable socio-demographic factors such as literacy level, disposable income, etc., and development in financial sector are anticipated to benefit Saudi Arabia construction equipment rental market as a whole during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Construction Equipment Rental Market Segmented By Type (Brass Plumb Bob, Steel Plumb Bob), By Application (Vertical Alignment of Walls, Doorjamb, Lining up Points, Wallpapering), By Part (Pointed End, Weight, Hole for String, String), By End User (Residential, Commercial, Industrial), By Region, Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”, has evaluated the future growth potential of Saudi Arabia construction equipment rental and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia construction equipment rental market.
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edwardbailey286 · 4 years ago
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Hybrid Excavator Market Scenario Highlighting Major Drivers & Trends, 2027
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Global Hybrid Excavator Market – Introduction
A hybrid excavator is an equipment that uses two or more distinct power sources to provide motion. Heavy equipment manufacturers offer hydraulic technology equipped hybrid excavators. Hydraulic hybrid excavator is a simple, reliable, and cost-effective solution that is expected to help end-users to significantly reduce the cost per ton.
Hybrid excavator manufacturers are incorporating advanced and innovative features such as integrating its powertrain with a hybrid electrical system to significantly reduce fuel consumption and CO2 emissions
Rapid Urbanization and Rise in Infrastructure Development Projects to Drive the Hybrid Excavator Market
Rise in infrastructure development projects which include roads, dams, bridges, and airports is projected to be a key driving factor for the hybrid excavator market. China, India, Japan, Australia, and UAE as well as other countries in Asia Pacific and Middle East & Africa are estimated to be prominent markets for hybrid excavators due to rise in construction of commercial buildings and skyscrapers. Shift from a labor-centric approach to modernization or mechanization is anticipated to be the major driving factor for the hybrid excavators market during the forecast period.
Trend of Offering Hybrid Excavators on Rental Basis to Increase Rapidly in the Near Future
The trend of offering hybrid excavators on a rental basis has been growing in a significant manner. This factor is projected to generate lucrative opportunities for the market in the near future. As these equipment are expensive in terms of pricing, most of the builders outsource a wide range of compaction equipment on a rental basis. On the other hand, high cost of hybrid excavators and costs incurred on installation and maintenance of these equipment are some of the major factors driving the rental business of hybrid excavators.
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North America and Europe to Hold Major Share in the Hybrid Excavator Market
Geographically, the global hybrid excavator market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America and Europe held majority of market share in the global hybrid excavator market in 2018. The hybrid excavator market in North America and Europe is anticipated to expand in a rapid manner during the forecast period, due to rise in infrastructure development products and demolition of old sites in countries such as the U.S., Canada, Mexico, U.K., Germany, France, and other countries in Europe.
The market in Asia Pacific and Middle East & Africa is projected to expand at a significant growth rate during the forecast period. Rapid urbanization, construction of roadways, dams and commercial complexes etc. in China, India, Japan, and GCC is projected to surge the demand for hybrid excavators in Asia Pacific and Middle East & Africa.
Key Players Operating in Hybrid Excavator Market
Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Brands such as Caterpillar, Komatsu Ltd., Hitachi Construction Machinery, and Kobelco Construction Machinery Co., Ltd. etc. focus on innovation of new technologies for excavators to strengthen their product portfolio and drive the sale of hybrid excavators in the global hybrid excavator market. Companies are opting for mergers & acquisitions and joint ventures with local heavy equipment manufacturers to expand their product portfolio and geographical presence in different parts of the globe. Manufacturers in developing countries focus on reducing their cost of production and increase profitability for the sustainable growth of their business. A few of the key players operating in the global hybrid excavator market are:
Caterpillar
Komatsu Ltd.
Hitachi Construction Machinery
Kobelco Construction Machinery Co., Ltd.
Mecalac
Takeuchi
Cummins Inc.
Dana Limited.
Global Hybrid Excavator Market – Research ScopeGlobal Hybrid Excavator Market, by Type
Wheel-driven Hybrid Excavators
Crawler-driven Hybrid Excavators
Global Hybrid Excavator Market, by Application
Residential Construction
Roads
Dams
Others (Bridges & Airports etc.)
Mining
Global Hybrid Excavator Market, by Distribution Channel
Direct Sales Channel
Distributors Sales Channel
Global Hybrid Excavator Market, by Region
U.S.
Canada
Rest of North America
U.K.
Germany
France
Rest of Europe
China
India
Japan
Rest of Asia Pacific
GCC
South Africa
Rest of Middle East & Africa
Brazil
Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
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1. Customer Experience Map
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4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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technogeekstmr · 4 years ago
Text
Hybrid Excavator Market 2020- Future Development, Manufacturers Analysis and Forecast Report
Global Hybrid Excavator Market – Introduction
A hybrid excavator is an equipment that uses two or more distinct power sources to provide motion. Heavy equipment manufacturers offer hydraulic technology equipped hybrid excavators. Hydraulic hybrid excavator is a simple, reliable, and cost-effective solution that is expected to help end-users to significantly reduce the cost per ton.
Hybrid excavator manufacturers are incorporating advanced and innovative features such as integrating its powertrain with a hybrid electrical system to significantly reduce fuel consumption and CO2 emissions
Rapid Urbanization and Rise in Infrastructure Development Projects to Drive the Hybrid Excavator Market
Rise in infrastructure development projects which include roads, dams, bridges, and airports is projected to be a key driving factor for the hybrid excavator market. China, India, Japan, Australia, and UAE as well as other countries in Asia Pacific and Middle East & Africa are estimated to be prominent markets for hybrid excavators due to rise in construction of commercial buildings and skyscrapers. Shift from a labor-centric approach to modernization or mechanization is anticipated to be the major driving factor for the hybrid excavators market during the forecast period.
Trend of Offering Hybrid Excavators on Rental Basis to Increase Rapidly in the Near Future
The trend of offering hybrid excavators on a rental basis has been growing in a significant manner. This factor is projected to generate lucrative opportunities for the market in the near future. As these equipment are expensive in terms of pricing, most of the builders outsource a wide range of compaction equipment on a rental basis. On the other hand, high cost of hybrid excavators and costs incurred on installation and maintenance of these equipment are some of the major factors driving the rental business of hybrid excavators.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
North America and Europe to Hold Major Share in the Hybrid Excavator Market
Geographically, the global hybrid excavator market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America and Europe held majority of market share in the global hybrid excavator market in 2018. The hybrid excavator market in North America and Europe is anticipated to expand in a rapid manner during the forecast period, due to rise in infrastructure development products and demolition of old sites in countries such as the U.S., Canada, Mexico, U.K., Germany, France, and other countries in Europe.
The market in Asia Pacific and Middle East & Africa is projected to expand at a significant growth rate during the forecast period. Rapid urbanization, construction of roadways, dams and commercial complexes etc. in China, India, Japan, and GCC is projected to surge the demand for hybrid excavators in Asia Pacific and Middle East & Africa.
Key Players Operating in Hybrid Excavator Market
Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Brands such as Caterpillar, Komatsu Ltd., Hitachi Construction Machinery, and Kobelco Construction Machinery Co., Ltd. etc. focus on innovation of new technologies for excavators to strengthen their product portfolio and drive the sale of hybrid excavators in the global hybrid excavator market. Companies are opting for mergers & acquisitions and joint ventures with local heavy equipment manufacturers to expand their product portfolio and geographical presence in different parts of the globe. Manufacturers in developing countries focus on reducing their cost of production and increase profitability for the sustainable growth of their business. A few of the key players operating in the global hybrid excavator market are:
Caterpillar
Komatsu Ltd.
Hitachi Construction Machinery
Kobelco Construction Machinery Co., Ltd.
Mecalac
Takeuchi
Cummins Inc.
Dana Limited.
For Right Perspective & Competitive Insights on Hybrid Excavator Market, Request for a Sample
Global Hybrid Excavator Market – Research ScopeGlobal Hybrid Excavator Market, by Type
Wheel-driven Hybrid Excavators
Crawler-driven Hybrid Excavators
Global Hybrid Excavator Market, by Application
Construction
Residential Construction
Roads
Dams
Others (Bridges & Airports etc.)
Mining
Global Hybrid Excavator Market, by Distribution Channel
Offline
Online
Direct Sales Channel
Distributors Sales Channel
Global Hybrid Excavator Market, by Region
North America
Europe
Asia Pacific
Middle East & Africa
South America
U.S.
Canada
Rest of North America
U.K.
Germany
France
Rest of Europe
China
India
Japan
Rest of Asia Pacific
GCC
South Africa
Rest of Middle East & Africa
Brazil
Rest of South America
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market  
Customization of the Report: This report can be customized as per your needs for additional data or countries. – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=75069
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https://www.prnewswire.com/news-releases/automotive-lidar-light-detection-and-ranging-market-accumulate-a-revenue-of-us2-bn-by-2026-due-to-increasing-number-of-road-accidents-states-tmr-300793899.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhocreports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
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gomarketresearchstuff · 5 years ago
Text
Ground Protection Mats Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
Ground Protection Mats: Structural Roadway to Provide Passage over Unstable Ground Surface
Ground protection mats are portable mats used as a temporary roadway over the uneven roads, soft grounds, or hard surfaces. These mats prevent the crack or any damage caused due to heavy equipment on the surface of lawn or garden. The ground protection mats are available for various types of loads such as medium duty, heavy duty, and extreme heavy duty. Also, they are weather-proof, durable, and reusable.
Ground protection mats provide effective provisional roadways and operating platforms to ensure safe operation and transport of workers and equipment. They are generally used at construction sites and resource-based events including drilling rigs and mining for safe and efficient work.
Increase in Construction Activities to Drive Global Ground Protection Mats Market
Growth of the construction industry is expected to lead to increased use of ground protection mats. Ground protection mats are used to provide temporary path or roadway for heavy duty vehicles and equipment to pass over the soft grounds or hard surfaces. Moreover, they are used in other industries, such as aerospace & defense, industrial manufacturing, and electrical industry. All these factors are anticipated to drive the global ground protection mats market.
To understand how our report can bring difference to your business strategy,
Ask for a brochure
Rise in Demand for Rental Mats to Hamper Global Sales of Ground Protection Mats
Ground protection mats are used for transportation of medium load, heavy load, and extremely heavy load at construction sites of various industries such as oil & gas, petrochemicals, historical sites, and residential construction. Commercial and industrial users opt for ground protection mats on the rental basis over purchasing which can hamper the sales of the global ground protection mats. Rise in demand for rental ground protection mats hinders the purchase of new mats.
North America to Lead Global Ground Protection Mats Market
In terms of region, the global ground protection mats market can be divided into: North America, Asia Pacific, Europe, and Middle East & Africa
North America is further categorized for the country and sub-region level analysis which includes Canada, U.S., and Rest of North America. Analysis and forecast of the ground protection mats market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Similarly, Europe includes markets across the U.K., Germany, France, and Rest of Europe. Middle East & Africa includes the ground protection mats market analysis and insights for South Africa, GCC Countries, and Rest of Middle East & Africa. The ground protection mats market in South America is segmented into Brazil and Rest of South America.
North America is likely to witness the maximum demand for ground protection mats from 2019 to 2027, followed by Asia Pacific and Middle East & Africa
Leading manufacturers of ground protection mats have extensive distribution networks along with deep product penetration. Several manufacturers of ground protection mats are focusing on innovation in product portfolio and manufacturing the products which are more economical, much stronger, weather-proof, and can be reused for longer duration.
Stuck in a neck-to-neck competition with other brands? Request a custom report
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trendytechreviews · 5 years ago
Text
Ground Protection Mats Industry Trends, Competitive Landscape and Forecast by 2027
Ground Protection Mats: Structural Roadway to Provide Passage over Unstable Ground Surface
Ground protection mats are portable mats used as a temporary roadway over the uneven roads, soft grounds, or hard surfaces. These mats prevent the crack or any damage caused due to heavy equipment on the surface of lawn or garden. The ground protection mats are available for various types of loads such as medium duty, heavy duty, and extreme heavy duty. Also, they are weather-proof, durable, and reusable.
Ground protection mats provide effective provisional roadways and operating platforms to ensure safe operation and transport of workers and equipment. They are generally used at construction sites and resource-based events including drilling rigs and mining for safe and efficient work.
Increase in Construction Activities to Drive Global Ground Protection Mats Market
Growth of the construction industry is expected to lead to increased use of ground protection mats. Ground protection mats are used to provide temporary path or roadway for heavy duty vehicles and equipment to pass over the soft grounds or hard surfaces. Moreover, they are used in other industries, such as aerospace & defense, industrial manufacturing, and electrical industry. All these factors are anticipated to drive the global ground protection mats market.
To understand how our report can bring difference to your business strategy, Ask for a brochure
Rise in Demand for Rental Mats to Hamper Global Sales of Ground Protection Mats
Ground protection mats are used for transportation of medium load, heavy load, and extremely heavy load at construction sites of various industries such as oil & gas, petrochemicals, historical sites, and residential construction. Commercial and industrial users opt for ground protection mats on the rental basis over purchasing which can hamper the sales of the global ground protection mats. Rise in demand for rental ground protection mats hinders the purchase of new mats.
North America to Lead Global Ground Protection Mats Market
In terms of region, the global ground protection mats market can be divided into: North America, Asia Pacific, Europe, and Middle East & Africa
North America is further categorized for the country and sub-region level analysis which includes Canada, U.S., and Rest of North America. Analysis and forecast of the ground protection mats market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Similarly, Europe includes markets across the U.K., Germany, France, and Rest of Europe. Middle East & Africa includes the ground protection mats market analysis and insights for South Africa, GCC Countries, and Rest of Middle East & Africa. The ground protection mats market in South America is segmented into Brazil and Rest of South America.
North America is likely to witness the maximum demand for ground protection mats from 2019 to 2027, followed by Asia Pacific and Middle East & Africa
Leading manufacturers of ground protection mats have extensive distribution networks along with deep product penetration. Several manufacturers of ground protection mats are focusing on innovation in product portfolio and manufacturing the products which are more economical, much stronger, weather-proof, and can be reused for longer duration.
Stuck in a neck-to-neck competition with other brands? Request a custom report
Key Manufacturers Operating in Market
The global ground protection mats market was highly fragmented in 2018. Key manufacturers operating in the global market are:
Groundtrax Systems Limited
Checkers Industrial Products LLC
LODAX
Newpark Resources Inc.
Quality Mat Co.
Signature Systems Group, LLC
0 notes
severepeanutperfection · 3 years ago
Text
MEA Rough Terrain Cranes Market: GCC to Account for Major Market Share Through 2026
The latest market outlook titled "Rough Terrain Cranes Market: Middle East and Africa Industry Analysis and Opportunity Assessment, 2016-2026" by Future Market Insights offers imperative insights into the Middle East and Africa rough terrain cranes market for the forecast period 2016-2026.
The overall long-term outlook on the growth of MEA market for rough terrain cranes remains optimistic, with the market projected to grow at a promising CAGR of 5.6% through 2026. Over the assessment period, MEA market for rough terrain cranes will gain nearly 100 BPS, reaching a market size of over US$ 231 Mn by 2026 end. GCC countries currently account for a significant share of the MEA market - this will remain the trend throughout the forecast period. The next largest markets include South Africa, Israel, and Turkey, which is anticipated to be closely followed by the rest of MEA.
Key research findings strongly influencing the market growth
High initial capital and expensive maintenance continues to fuel preference for rental cranes over new crane sales.
Lucrative opportunities abound in the high lifting capacity cranes i.e. > 100T capacity segment.
Application in fracking pipe yards, transmission distribution lines, and tank firms will unlock new revenue generation opportunities.
Implementation of automation and advanced telematics are identified to be the top influential developments.
Focus on enhanced operator comfort and efficient fuel economy underpins introduction of new features in rough terrain cranes.
GCC will remain the largest market in rental as well as new sales of rough terrain cranes within MEA.
Maximum new sales will be registered in Turkey over 2016-2026.
African countries will account for significant demand owing to rapidly developing power generation and distribution infrastructure, and burgeoning mining activities.
Request a Sample Report with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-ma-2571
The market has been segmented for in-depth analysis over 2016-2026, into MEA rough terrain cranes market - new sales and MEA rough terrain cranes market - rental. While market for rental rough terrain cranes is likely to witness a CAGR of 5.3% reaching a value worth US$ US$ 247.4 Mn in 2026, market for new sales of rough terrain cranes is expected to reach US$ 142.0 Mn by 2026-end, expanding at a healthy CAGR of 5.9% over the assessment period.
MEA Rough Terrain Cranes Market - Rental
Future Market Insights expects this market to reach US$ 248 Mn in 2026.
On the basis of lifting capacity, the highest growth will be observed in > 100 tonnes capacity segment.
50-75T capacity segment will continue to dominate the market throughout the forecast period.
75-100T capacity segment will possibly exceed revenues of US$ 68 Mn in 2026, accounting for more than 27% share of the entire market revenues at the end of forecast period.
By boom length, 25-35 metre segment is projected to remain dominant with a major revenue share contribution of over 43% in 2026. Despite a relatively lower CAGR over 2016-2026, this segment will be evaluated at around US$ 107 Mn in 2026.
35-50 metre segment will retain the second largest segment position with estimated revenue sales worth US$ 80 Mn in 2026, capturing over 31% share of the market value. This segment is expected to demonstrate the fastest growth at a CAGR of 5.6%.
Based on country, GCC will continue its monopoly with over 60% value share by the end of forecast period, eventually approaching US$ 150 Mn by 2026 end.
South Africa and Israel will be the next largest markets, whereas the rest of MEA and Turkey will witness higher growth rates of over 7%.
Preview Analysis on Middle East and Africa Rough Terrain Cranes Market Segmentation By Lifting Capacity - Upto 25 Tonnes, 25.1 To 50 Tonnes, 50.1-75 Tonnes, 75.1-100 Tonnes and More Than 100 Tonnes; By Boom Length - Upto 25 Meters, 25.1-35 Meters, 35.1-50 Meters and More Than 50 Meters; By Sales Channel - New Sales and Equipment Rental: http://www.futuremarketinsights.com/reports/mea-rough-terrain-cranes-market
MEA Rough Terrain Cranes Market - New Sales                      
This market, according to Future Market Insights, will account for the revenues of nearly US$ 142 Mn by 2026-end.
By lifting capacity, 50-75T capacity segment is projected to attract the maximum revenues.
75-100T capacity segment is likely to account for over 28% market value share in 2026.
> 100T capacity segment is predicted to witness the highest CAGR resulting in almost exponential growth in sales revenues over 2016-2026.
In terms of boom length, 25-35 metre segment will continue to dominate through 2026, accounting for more than 43% value share.
> 50 metre segment will be the fastest growing segment, exhibiting an impressive CAGR of 6.7%, resulting into twofold growth of the market over 2016-2026.
Country-wise, GCC will retain dominance, followed by South Africa. While the former is foreseen to attract over US$ 81 Mn in terms of 2026 revenues, the latter will reach over US$ 20 Mn in 2026.
GCC reaffirms the leading position with around 58% value share in 2026, whereas the rest of MEA, North Africa, and Turkey are expected to witness higher CAGRs over the assessment period.
Speak with Analyst for any Report Related Queries: http://www.futuremarketinsights.com/askus/rep-ma-2571
Among the leading players in the MEA rough terrain cranes market, Terex Corporation is identified to hold the most prominent share of over 21% in terms of new sales. Other leading companies include The Manitowoc Company, Inc., Tadano Ltd., Zoomlion Heavy Industry Science And Technology Co., Ltd., Liebherr Group, Xuzhou Construction Machinery Group Co., Ltd., Sany Heavy Industry Co., Ltd., and KATO WORKS CO., LTD.
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helloshubham123me-blog · 6 years ago
Text
Ongoing Study Reveals Key Factors that Will Drive the Growth of Hydraulic Casing Jacks Market During 2018 - 2028
Hydraulic Casing Jacks Market: Overview
Hydraulic casing jacks are used as lifting equipment for lifting of casing, tubing & drill pipes and are also used to easily pull out trapped pipes or broken parts from deep digs. Tools, such as pup joints, pick-up subs, stop subs and others, are used with hydraulic casing jacks to perform efficient drilling and pulling operations. Industry leaders, for instance CASINJAC, INC., are providing truck loaded hydraulic casing jacks on rental basis for performing drilling operations. In modern hydraulic casing jacks, the loading truck is connected with hydraulic casing jacks for the supply of air for compression. In offshore applications, the entire hydraulic casing jacks assembly is broken down into small components for reducing the usage of heavy cranes or lifting equipment. With the help of hydraulic casing jacks, the hanger and other trapped objects can be pulled out in under 40 minutes. Hanzik Hydraulics Inc. has designed a model of hydraulic casing jacks with the capacity of 600,000 pounds. This hydraulic casing jack can pull out medium size hangers in under 40 to 45 minutes. Manufacturers are highly focused on reducing the gross weight of the hydraulic jack casing assembly by using lightweight materials, which can be easily connected with the entire assembly of hydraulic casing jacks. In terms of growth, the hydraulic casing jacks market is projected to be highly lucrative owing to significant government investments being made on oil and gas drilling operations.
Hydraulic Casing Jacks Market: Dynamics
Increasing labor cost coupled with rising demand for natural gas from end use sectors is anticipated to drive the hydraulic casing jacks market during the forecast period. For fixing the entire assembly of hydraulic casing jacks, there is no need for beam or supporting structure. Furthermore, government regulations pertaining to designing and development of hydraulic casing jacks are also projected to boost the hydraulic casing jacks market over the slated time period. In addition, by using hydraulic casing jacks, the time of rigging casing jacks can be reduced. Therefore, the hydraulic casing market is projected to witness traction in the drilling equipment industry. Rental services of hydraulic casing jacks are also expected to foster the growth of the market as middle-class people can also use hydraulic casing jacks for safely pulling out trapped parts of pipes in less time.
High installation cost, lack of awareness and requirement of skilled workers for operating truck loaded hydraulic casing jacks are some of the factors likely to hinder the growth of the hydraulic casing market during the forecast period. Moreover, for generating hydraulic pressure, an additional compressor is required, which increases the overall system cost. These factors might hamper the growth of the hydraulic casing jacks market during the forecast period.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/24577
Hydraulic Casing Jacks Market: Regional Outlook
China is projected to dominate the hydraulic casing jacks market over the slated time period owing to growing construction activities and increasing number of oil and gas projects in the region. North America is expected to gain noteworthy traction in the hydraulic casing jacks market due to increasing oil and natural gas exploration activities. In Latin America, Mexico is projected to grow with impressive growth rate owing to growing onshore and offshore exploration. Middle East and Africa is projected to register addressable growth rate in the hydraulic casing jacks market due to increasing export of oil and gas. In Middle East and Africa region, GCC countries are projected to account for significant value share in the hydraulic casing jacks market owing to growing government investments on exploration of oil and gas.
Hydraulic Casing Jacks Market: Key Participant
Some of the market participants identified across the value chain of the Hydraulic casing jacks market:
CASINJAC, INC.
Atlas Manufacturing Ltd.
Ardy Rigging Ltd.
Vandec Industrial Hydraulics
Hanzik Hydraulics Inc.
Starline Inc
Archway Engineering (UK) Ltd.
Sumitomo Corporation
L. Martin Co.
ITC Hydraulic Services Ltd.
Request For Report Table of Content (TOC): https://www.persistencemarketresearch.com/toc/24577
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
0 notes
technogeekstmr · 4 years ago
Text
Hybrid Excavator Market Revenue, Opportunity and Value Chain 2020-2027
Global Hybrid Excavator Market – Introduction
A hybrid excavator is an equipment that uses two or more distinct power sources to provide motion. Heavy equipment manufacturers offer hydraulic technology equipped hybrid excavators. Hydraulic hybrid excavator is a simple, reliable, and cost-effective solution that is expected to help end-users to significantly reduce the cost per ton.
Hybrid excavator manufacturers are incorporating advanced and innovative features such as integrating its powertrain with a hybrid electrical system to significantly reduce fuel consumption and CO2 emissions
Rapid Urbanization and Rise in Infrastructure Development Projects to Drive the Hybrid Excavator Market
Rise in infrastructure development projects which include roads, dams, bridges, and airports is projected to be a key driving factor for the hybrid excavator market. China, India, Japan, Australia, and UAE as well as other countries in Asia Pacific and Middle East & Africa are estimated to be prominent markets for hybrid excavators due to rise in construction of commercial buildings and skyscrapers. Shift from a labor-centric approach to modernization or mechanization is anticipated to be the major driving factor for the hybrid excavators market during the forecast period.
Trend of Offering Hybrid Excavators on Rental Basis to Increase Rapidly in the Near Future
The trend of offering hybrid excavators on a rental basis has been growing in a significant manner. This factor is projected to generate lucrative opportunities for the market in the near future. As these equipment are expensive in terms of pricing, most of the builders outsource a wide range of compaction equipment on a rental basis. On the other hand, high cost of hybrid excavators and costs incurred on installation and maintenance of these equipment are some of the major factors driving the rental business of hybrid excavators.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
North America and Europe to Hold Major Share in the Hybrid Excavator Market
Geographically, the global hybrid excavator market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America and Europe held majority of market share in the global hybrid excavator market in 2018. The hybrid excavator market in North America and Europe is anticipated to expand in a rapid manner during the forecast period, due to rise in infrastructure development products and demolition of old sites in countries such as the U.S., Canada, Mexico, U.K., Germany, France, and other countries in Europe.
The market in Asia Pacific and Middle East & Africa is projected to expand at a significant growth rate during the forecast period. Rapid urbanization, construction of roadways, dams and commercial complexes etc. in China, India, Japan, and GCC is projected to surge the demand for hybrid excavators in Asia Pacific and Middle East & Africa.
Key Players Operating in Hybrid Excavator Market
Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Brands such as Caterpillar, Komatsu Ltd., Hitachi Construction Machinery, and Kobelco Construction Machinery Co., Ltd. etc. focus on innovation of new technologies for excavators to strengthen their product portfolio and drive the sale of hybrid excavators in the global hybrid excavator market. Companies are opting for mergers & acquisitions and joint ventures with local heavy equipment manufacturers to expand their product portfolio and geographical presence in different parts of the globe. Manufacturers in developing countries focus on reducing their cost of production and increase profitability for the sustainable growth of their business. A few of the key players operating in the global hybrid excavator market are:
Caterpillar
Komatsu Ltd.
Hitachi Construction Machinery
Kobelco Construction Machinery Co., Ltd.
Mecalac
Takeuchi
Cummins Inc.
Dana Limited.
For Right Perspective & Competitive Insights on Hybrid Excavator Market, Request for a Sample
Global Hybrid Excavator Market – Research ScopeGlobal Hybrid Excavator Market, by Type
Wheel-driven Hybrid Excavators
Crawler-driven Hybrid Excavators
Global Hybrid Excavator Market, by Application
Construction
Residential Construction
Roads
Dams
Others (Bridges & Airports etc.)
Mining
Global Hybrid Excavator Market, by Distribution Channel
Offline
Online
Direct Sales Channel
Distributors Sales Channel
Global Hybrid Excavator Market, by Region
North America
Europe
Asia Pacific
Middle East & Africa
South America
U.S.
Canada
Rest of North America
U.K.
Germany
France
Rest of Europe
China
India
Japan
Rest of Asia Pacific
GCC
South Africa
Rest of Middle East & Africa
Brazil
Rest of South America
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market  
Customization of the Report: This report can be customized as per your needs for additional data or countries. – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=75069
Related Reports Press-Release –
https://www.prnewswire.com/news-releases/need-for-real-time-traffic-management-by-enterprises-for-successful-online-marketing-to-underscore-ip-geolocation-solutions-market-growth-tmr-301007364.html
https://www.prnewswire.com/news-releases/technological-developments-in-automotive-industry-pave-the-road-for-global-surface-haptic-technology-markets-growth–notes-tmr-301008289.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhocreports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key tohelp enterprises reach right decision.”
Contact
Transparency Market Research
State Tower,
90 State Street,
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