Excavator Market Insights by Size, Status and Forecast 2026

Excavators are commonly used in a wide range of sectors including construction, mining, agriculture, and forestry. However, according to the Fact.MR report, the construction industry is expected to hold the largest volume share – approximately 72% -- by the end of 2019. Manufacturers in the excavator market are focusing on introducing performance features that will suit the requirements of end-users from the construction industry to capitalize on the increasing demand for excavators as a construction equipment.

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Excavator market players are upgrading the design of excavators by incorporating advanced technologies to offer improved efficiency, which can help end-users to increase productivity and operators’ safety.

The Fact.MR report finds that the sales of excavators as a construction machinery were around 5.5x higher than its sales as a forestry & agricultural equipment in 2018. Higher demand for excavators in the construction industry is mainly spurred by roads and highway projects, and the study remains bullish of the potential rise in share of construction industry in global sales of excavators in the coming future.

Apart from its applications in the construction industry, excavators are also used in the agriculture industry and mining industry, which have been contributing greatly to growth of the excavator market.

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Despite steady demand from construction industry, stringent environmental regulation and high quality standards for conventional excavators continue to create manufacturing challenges for market players.

Conventional excavators are subject to guidelines regulating the use and operation of heavy equipment. Manufacturers in the excavator market need to conform to these stringent regulatory requirement, which may add to the production cost, ultimately restricting manufacturers from maintaining competitive prices.

The fortunes of excavator manufacturers are closely linked to the broader macroeconomic policies, most notably investment in infrastructural development. Asia Pacific is home to two of the fastest growing economies in the world. Morever, many small economies in the region are ramping up their archaic network of roads and highways, creating significant demand for heavy construction equipment. Excavator manufacturers are likely to benefit from these broader developments in developing countries of Asia Pacific. The Fact.MR study finds that the APEJ region accounted for over 47% volume share in the excavator market in 2018, and projects that the region will continue to create lucrative sales opportunities for excavator market players in the upcoming years.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Off-Road Vehicles Market Shares, Strategies and Forecasts, Analysis and Overview upto 2027

Upsurge in the recreational and sports activities across the world is anticipated to propel off-road vehicles market over the forecast period. Increasing urban population coupled with growth youth inclination towards motorsports activities will augment product penetration across the globe. Countries including the U.S, Canada, UK, France and Australia are taking initiatives to flourish outdoor activities such as hunting and trail driving. The U.S. Recreation Department offers over 150,000 miles of trails and around 440 wilderness areas, attracting participants, thereby augmenting the off-road vehicles market share from 2018 to 2027.

Read Report Summary: https://www.factmr.com/report/2539/off-road-vehicles-market

Augmented fuel efficiency, reduced carbon emissions, advent electric powered alternatives, and subordinate maintenance costs of off-road vehicles will fortify the product demand over the forecast period. Diversified applications including utility, sports, recreation and military activities due to their superior technical benefits comprising advanced four-wheel drive systems, enhanced power and torque, and differential locking will boost the off-road vehicles market share over the forecast period. Progressions in technologies comprising the prominence on decreasing the excessive sound from the engines of the off-road vehicles will drive the off-road vehicles market share over the forecast period. For instance, in 2015, Polaris begun work on hybrid off-road vehicle, Hybrid Utility Vehicle based on the Polaris MRZR 4 with superior noise damping capabilities and amplified power. Progress of hybrid engines with upgraded efficiency and negligible emissions accompanied by the introduction of light weight models will further encourage the industry growth till 2027.

The sections, by vehicle type, by fuel, and by the application in the off-road vehicles market evaluate the present scenario as well as growth prospects of the regional off-road vehicles market for 2018–2027. The North America Off-Road Vehicles market has been estimated to dominate the off-road vehicles market by value owing to the high cost and growing demand, accounting for a maximum revenue share of the market by 2018 end. Europe and APEJ off-road vehicles markets are expected to account for over 40% collaborative revenue share, of the global off-road vehicles market by 2027 end. Among the emerging markets, the APEJ Off-Road Vehicles market is estimated to exhibit a significant CAGR of more than 5.0% over the forecast period, followed by North America with a CAGR of about 4.0%.

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To provide in-depth insights into the pattern of demand for the off-road vehicles market, the market is segmented by vehicle type. It includes All-terrain vehicles (ATV), Side by side vehicles (SSV), Off-road motorcycles, and Snowmobiles. Side by side vehicles (SSV) segment is expected to dominate the off-road vehicles market over the forecast period, regarding value, which accounted for more than 40% value share in 2027.

The section – Off-Road Vehicles market analysis, by fuel comprehensively analyzes the market by fuel used in off-road vehicles. The market is segmented into diesel, electric, and gasoline. The segment, diesel in an off-road vehicles market accounted for the highest market share of more than 60% in 2017. The segment electric is expected to grow remarkably over the forecast period.

The section – off-road vehicles market analysis, by application comprehensively analyzes the market by different applications where the off-road vehicles are utilized. The market is segmented into utility, sports, recreation and military. Sports segment accounted for the highest market share in 2017. However, the recreation segment is expected to register a healthy CAGR of more than 5% during the forecast period due to the increase in recreational activities across the developing economies.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Skid Steer Loader Market Current Trends & Opportunities by 2029

In order to get certifications regarding energy efficiency, construction companies are increasingly focusing on the sustainable development of projects. With construction industries needing to decrease pollution during their projects, manufacturers are shifting their focus towards the development of low-emission and more energy-efficient construction equipment, and skid-steer loader are not an exception. For example, Case Construction introduced an upgraded skid-steer loader model with improved features for end users. Construction equipment manufacturers are taking more efforts for developing energy-efficient skid-steer loader, ideal for multiple tasks such as commercial and residential construction, agricultural, mining and forestry applications, landscaping, and pushing and digging.

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Urbanization across the globe is increasing at a positive rate, especially in emerging economies such as India, which, in turn, is contributing to the growth of the construction industry. Construction activities in both, commercial and residential domains, are rising due to the increasing population and growing demand for offices, shops, houses, and other residential buildings, which is expected to drive the demand for skid steer loader, worldwide.

Fact.MR opines that the designs of skid steer loader have continuously evolved with changing consumer requirements. However, improving equipment design requires heavy investments, which leads to greater expenditure, making the equipment more expensive. Hence, manufacturers face the challenge of making their products cost-effective, while improving efficiency and productivity.

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At the same time, technologically-advanced skid steer loader with a wider range of electronic features require professional operators who are trained and skilled. Inappropriate handling may lead to accidents, and therefore, operational and safety programs are mandatory for operators. Lack of skilled operators to handle such equipment is hampering their adoption, particularly in developing countries.

The gradual transition from using skid steer loader to compact track loader is expected to show substantial growth in the automotive market. Being a novel utility piece on job locations and material handling, automotive compact track loader are gaining a lot of attention as a relatively efficient equipment when compared with skid steer loader. Due to this, few contractors are already replacing skid steer loader with compact track loader due to their high performance and longevity. On account of the reduced size of compact track loader, it gives an advantage to operators to work in tight spaces. Moreover, skid steers offer onlu 5,000 hours before being retired, whereas, compact track loader operate for 6,000 to 8,000 hours for various applications. Based on these factors, the demand for automotive compact track loader is expected to increase over skid steer loader.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Small Motors Market Overview with Detailed Analysis, Competitive landscape Forecast to 2026

Advent of robotics and robots, which highly rely on small motors, have complemented the adoption of automation in various industries, ranging from aerospace and manufacturing, to consumer electronics. Pivotal role of small motors in robots, in terms of efficiency and synchronizing with variations in power requirement vis-à-vis applications, has been underpinning its sales in recent years.

There has been a marked rise in the demand for customized applications, which have been translating into the development of customized electric motors. Additionally, enhanced control and responsiveness, along with potential for producing torques in short spikes, are key properties of small motors that are expected drive its demand in the near future.

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Sales of small motors are expected to increase on account of their competency to resist drastic temperature changes, vibrations, and shock. In addition, compact size of small motors offers better volume-to-performance ratio with reduced noise levels, which is anticipated to further increase the incorporation in consumer electronic devices.

Application opportunities of small motors have increased across numerous industrial sectors, which has encouraged the players operating in the small motors industry to focus on developing motors with enhanced efficiency in terms of energy consumption and operations alike. Leading players in the market are seeking new ways for efficiency optimization, and offer products that performed beyond their warranted operational periods.

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“Relatively long lifecycle of small motors offer reliability and longevity to the medical equipment, which is expected to drive their demand in the healthcare industry. Future growth prospects for small motors market remains promising in the healthcare and aerospace industries. The ongoing trend toward equipping aircraft cabins with more valuable features will create lucrative avenues of growth for the small motors market players in the near future.” says Fact.MR.

According to the study, consumer electronics and consumer appliances segment collectively held over half share of the small motors market in 2017. Miniaturization has a significant influence on the demand & supply side trends of consumer appliances and consumer electronics, which in turn continues to impact growth of the small motors market.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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Automotive Tow Bar Market Size & Share - Industry Trend and Forecast 2019 - 2029

According to the report, increasing focus on sustainable solutions, advanced technology, and cost-effective tow bars is contributing to the build-up of automotive tow bar market by the end of 2029. Increasing demand for towing caravans and unpowered trailers around the globe will also continue to provide a fillip to the sales of automotive tow bar in 2019 and beyond.

Read Report Summary: https://www.factmr.com/report/151/automotive-tow-bars-market

Retractable tow bar is used in passenger vehicles due to its advantages of a stronger and safer solution, for instance, tongue weight, the weight with which the trailer presses down on the vehicle’s tow. In addition, this type of automotive tow bar is entirely invisible in almost every car and has features of dismounting stores in different locations. As of now, retractable tow bars have more demand with ~ 43% of market share around the globe.

According to Fact.MR report, the market share for independent aftermarket (IAM) was ~ 35% in 2018, and it will reach to ~ 37% over the forecast period. The demand for automotive tow bars used in compact passenger cars is higher than the mid-sized passenger cars. Nowadays, Sports Utility Vehicles (SUV’s) are more in demand due to rapidly changing choices among youngsters around the globe. The automotive tow bar market is also gaining traction with the increasing demand for SUVs, as it is expected to grow at a CAGR of ~ 3.5 % over the forecast period.

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Historically rising income levels across the globe have driven vehicle sales. Despite the enthusiasm, traditional automakers around the globe are shifting their preferences towards newer technologies. Car manufacturers are making more investments in developing countries such as India and China due to massive traffic densities. Automotive tow bar prominent players are also expanding their business in APEJ countries to go with the trends and innovate cost-effective products. In the current scenario, the sale of automotive tow bar in APEJ region is less than North America and Europe. In the coming years, the APEJ automotive tow bar market is expected to gain momentum with a CAGR of about ~ 3.7%. The factor behind the fast growth in the region is due to an increase in demand for towed trailers and the consumer mindset towards purchasing premium and luxury vehicles.

North America is foreseen to witness an incremental opportunity of ~ US$ 519 Mn along with Europe to the tune of ~ US$ 582 Mn during the forecast period. The European region is having a large number of key players in automotive tow bar market. In secondary research, it has been found that around 25% of vehicles across Europe have tow bar fitted but this trend is more common in countries such as Benelux and Scandinavia. In Sweden, about 2.2 million out of 4.3 million cars (just over 50%) have the automotive tow bar. In the UK, the automotive tow bar market is gaining traction due to its caravanning culture and market share for caravans is about 72% as compared to camper vans and motorhomes.

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According to the report, the automotive tow bar manufacturers are also focusing on the implementation of new and advanced technology which offers more safety features in the product that would not only help in integrating automotive tow bar sales but also bolster the revenue of companies in developing economies.

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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Read the Blog: http://www.thecloudtribune.com