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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.Com, November 12, 2014 ) Dallas, TX and Berlin, Germany -- Excavators are used to excavate, discharge, or elevate materials with the help of a bucket fitted to the boom. These are self-propelled machines which run using crawlers or wheels. These are highly versatile heavy construction machinery and are used for various applications such as below and above ground level operations which include land levelling, trench digging, and well sinking.
Analysts forecast the Excavator market in Germany to grow at a CAGR of 3.94 percent over 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Excavator market in Germany for 2014-2018. To calculate the market size, the report considers the consumption value of excavators in Germany. The report also provides a forecast based on product segmentation of excavators in Germany. The performance of the Excavator market in Germany is forecast with the help of the predicted CAGR after the analysis of the present market condition. In addition, it discusses the major drivers that influence the growth, the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
Key Vendors
• Caterpillar
• JCB
• Komatsu
• Volvo
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Other Prominent Vendors
• Doosan Group
• Hitachi Construction Machinery
• Liebherr
Key Market Driver
• Stability of Construction Market
Key Market Challenge
• High Prices of Excavators
Key Market Trend
• Growth of Equipment Rental Business
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Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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