Excavator Market in Malaysia 2015-2019

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Excavator Market in Malaysia 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Excavator Market in Malaysia 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “Demand for crawler and mini excavators is expected to increase at a rapid pace because of ongoing highway and building construction projects across the country. Technavio estimates the excavator market in Malaysia will grow at a CAGR of 7.36% during the forecast period.”

• The excavator market in Malaysia grew from 5.84% in 2013 to 6.10% in 2014. Growth was led by increased investment in construction and government spending on infrastructure development. The ETP, launched in 2010, has further triggered investment opportunities in the construction market. The number of construction projects increased from 9,774 in Q1 2014 to 9,982 in Q1 2015.

• Technavio's analysts forecast the excavator market in malaysia to grow at a CAGR of 7.36% over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Excavator Market in Malaysia 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our report:

Excavator Market in Malaysia 2015-2019

Caterpillar

Hitachi Construction Machinery

JCB

Caterpillar was established in 1925 as Caterpillar Tractor in California, US and changed its name to Caterpillar in 1986. It is headquartered in Peoria, Illinois, US. It is the global leading manufacturer of heavy construction and mining equipment, industrial gas turbines, and diesel-electric locomotives.

Hitachi Construction Machinery was incorporated in the year 1970 and it is headquartered in Tokyo, Japan. It operates as a subsidiary of Hitachi. Hitachi Construction Machinery engages in the design, manufacturing, sales and services of construction equipment, transportation equipment, and other machines and services.

JCB was established in 1945 and is headquartered in Staffordshire, UK. It is a family-run company that produces manufacturing equipment for the Agriculture, Demolition, and Construction industries.

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Market Landscape

• The excavator market in Malaysia is gaining huge prominence owing to large-scale construction project.

• One of the major factors that is contributing the growth of market is government ETP initiative, which is driving the growth of the construction industry.

• The ETP invited increased public investment in the construction market and a number of new infrastructure projects were declared.

• The ETP also aimed at reducing the housing deficit in the country, as a number of new residential projects were launched.

• This boosted the growth of the construction market in the country, thereby directly contributing to the growth of the earthmoving equipment market.

• In 2014, excavators accounted for 61.36% of the market share, while remaining is accounted by loaders and construction tractors.

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Key Buying CriteriaGuest BloggersParameter Details

After-sales Support Vendors should provide after-sales services with minimum turnaround time for resolving issues.

Quality The equipment should be strong and have high-quality features.

Safety The machineries should be equipped with safety features to prevent accidents.

TechnologyThe equipment should be technologically advanced in terms of fuel efficiency and also have sensors to obtain real-time information.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Excavator Market in Malaysia 2015-2019

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