PUBLISHER: KBV Research | PRODUCT CODE: 1093461
PUBLISHER: KBV Research | PRODUCT CODE: 1093461
Asia Pacific Mini Excavators Market Size, Share & Industry Trends Analysis Report By Type (Track and Wheeled), By Operating Weight, By End User (Landscaping & Construction and Agriculture), By Country and Growth Forecast, 2022 - 2028
The Asia Pacific Mini Excavators Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
Physical spaces have become increasingly constricted as a result of uncontrolled population development, making excavating operations more challenging. Compact excavators have arisen as an important vehicular device for digging up soil and other earthy elements in tight locations. Companies are actively participating in the development of compact excavators, with the trend of miniaturization affecting the automobile business. Compact excavators are mostly employed in such digging applications, where conventional excavators have struggled to reach the constricted places between buildings and tight spaces. Understanding the distinctions between compact and regular excavating machines is critical. Mini excavators have various advantages over standard excavators that make them more suitable for particular applications. Excavators are useful machines in and of themselves.
The developing countries across the region comprise a robust construction infrastructure. According to the National Investment Promotion and Facilitation Agency, in India, the construction sector is divided into two categories viz. real estate and urban development. Residential, office, retail, hotels, and leisure parks are all included in the Real Estate section. Water supply, urban transportation, sanitation, schools, and healthcare are all sub-segments of the urban development segment. Between April 2000 and September 2021, FDI in the construction development sector (townships, housing, built-up infrastructure, and construction development projects), as well as construction (infrastructure) activities, reached $26.16 billion and $25.95 billion, respectively.
Moreover, there are several other investments by the national government intended to expedite the construction industry. According to the Petroleum and Natural Gas Regulatory Board, with a population of more than 20 million people, Mumbai, the capital of Maharashtra and India's financial capital, is the largest urban hub within the Mumbai Metropolitan Region (MMR). The only airport serving MMR is Chhatrapati Shivaji Maharaj International Airport (CSMIA). Since 2002, CSMIA has seen exceptional traffic increase, reflecting the country's economic boom, the favorable impact of rising aviation liberalization, and the advent of India's low-cost carriers (LCC). Increase airport capacity to meet increased air passenger demand in the Mumbai Metropolitan Region (MMR). Since 2006, CSMIA has been undergoing a substantial modernization and development initiative. CSMIA is likely to reach its maximum capacity soon, despite the completion of the terminal and airside expansion. In order to address the issue, the Indian government is planning to build the Navi Mumbai International Airport. With the increasing demand for construction activities across the region, the demand for mini excavators is estimated to increase, which would drive the regional market.
The China market dominated the Asia Pacific Mini Excavators Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $943.8 million by 2028. The Japan market is estimated to grow at a CAGR of 4.1% during (2022 - 2028). Additionally, The India market would witness a CAGR of 5.5% during (2022 - 2028).
Based on Type, the market is segmented into Track and Wheeled. Based on Operating Weight, the market is segmented into Less than 4 tons, and 4 tons to 10 tons. Based on End User, the market is segmented into Landscaping & Construction and Agriculture. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Volvo Group, Kobe Steel, Ltd., Hyundai Construction Equipment Co., Ltd., Caterpillar, Inc., Komatsu Ltd., Deere & Company, Hitachi, Ltd., J C Bamford Excavators Ltd., and Takeuchi Mfg. Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Type
- Track
- Wheeled
By Operating Weight
- Less than 4 tons
- and 4 tons to 10 tons
By End User
- Landscaping & Construction
- Agriculture
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Volvo Group
- Kobe Steel, Ltd.
- Hyundai Construction Equipment Co., Ltd.
- Caterpillar, Inc.
- Komatsu Ltd.
- Deere & Company
- Hitachi, Ltd.
- J C Bamford Excavators Ltd.
- Takeuchi Mfg. Co., Ltd.
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Mini Excavators Market, by Type
- 1.4.2 Asia Pacific Mini Excavators Market, by Operating Weight
- 1.4.3 Asia Pacific Mini Excavators Market, by End User
- 1.4.4 Asia Pacific Mini Excavators Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Asia Pacific Mini Excavators Market by Type
- 3.1 Asia Pacific Track Market by Country
- 3.2 Asia Pacific Wheeled Market by Country
Chapter 4. Asia Pacific Mini Excavators Market by Operating Weight
- 4.1 Asia Pacific Less than 4 tons Market by Country
- 4.2 Asia Pacific 4 tons to 10 tons Market by Country
Chapter 5. Asia Pacific Mini Excavators Market by End User
- 5.1 Asia Pacific Landscaping & Construction Market by Country
- 5.2 Asia Pacific Agriculture Market by Country
Chapter 6. Asia Pacific Mini Excavators Market by Country
- 6.1 China Mini Excavators Market
- 6.1.1 China Mini Excavators Market by Type
- 6.1.2 China Mini Excavators Market by Operating Weight
- 6.1.3 China Mini Excavators Market by End User
- 6.2 Japan Mini Excavators Market
- 6.2.1 Japan Mini Excavators Market by Type
- 6.2.2 Japan Mini Excavators Market by Operating Weight
- 6.2.3 Japan Mini Excavators Market by End User
- 6.3 India Mini Excavators Market
- 6.3.1 India Mini Excavators Market by Type
- 6.3.2 India Mini Excavators Market by Operating Weight
- 6.3.3 India Mini Excavators Market by End User
- 6.4 South Korea Mini Excavators Market
- 6.4.1 South Korea Mini Excavators Market by Type
- 6.4.2 South Korea Mini Excavators Market by Operating Weight
- 6.4.3 South Korea Mini Excavators Market by End User
- 6.5 Singapore Mini Excavators Market
- 6.5.1 Singapore Mini Excavators Market by Type
- 6.5.2 Singapore Mini Excavators Market by Operating Weight
- 6.5.3 Singapore Mini Excavators Market by End User
- 6.6 Malaysia Mini Excavators Market
- 6.6.1 Malaysia Mini Excavators Market by Type
- 6.6.2 Malaysia Mini Excavators Market by Operating Weight
- 6.6.3 Malaysia Mini Excavators Market by End User
- 6.7 Rest of Asia Pacific Mini Excavators Market
- 6.7.1 Rest of Asia Pacific Mini Excavators Market by Type
- 6.7.2 Rest of Asia Pacific Mini Excavators Market by Operating Weight
- 6.7.3 Rest of Asia Pacific Mini Excavators Market by End User
Chapter 7. Company Profiles
- 7.1 Volvo Group
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Product Launches and Product Expansions:
- 7.2 Kobe Steel, Ltd.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Partnerships, Collaborations, and Agreements:
- 7.3 Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.4 Caterpillar, Inc.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Product Launches and Product Expansions:
- 7.5 Komatsu Ltd.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Partnerships, Collaborations, and Agreements:
- 7.5.5.2 Product Launches and Product Expansions:
- 7.6 Deere & Company
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Regional & Segmental Analysis
- 7.6.4 Research & Development Expenses
- 7.7 Hitachi, Ltd.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.8 J C Bamford Excavators Ltd.
- 7.8.1 Company Overview
- 7.8.2 Recent strategies and developments:
- 7.8.2.1 Product Launches and Product Expansions:
- 7.9 Takeuchi Mfg. Co., Ltd.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Regional Analysis
- 7.9.4 Recent strategies and developments:
- 7.9.4.1 Partnerships, Collaborations, and Agreements:
- 7.9.4.2 Product Launches and Product Expansions:
LIST OF TABLES
- TABLE 1 Asia Pacific Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 2 Asia Pacific Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 3 Asia Pacific Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 4 Asia Pacific Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 5 Asia Pacific Track Market by Country, 2018 - 2021, USD Million
- TABLE 6 Asia Pacific Track Market by Country, 2022 - 2028, USD Million
- TABLE 7 Asia Pacific Wheeled Market by Country, 2018 - 2021, USD Million
- TABLE 8 Asia Pacific Wheeled Market by Country, 2022 - 2028, USD Million
- TABLE 9 Asia Pacific Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 10 Asia Pacific Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 11 Asia Pacific Less than 4 tons Market by Country, 2018 - 2021, USD Million
- TABLE 12 Asia Pacific Less than 4 tons Market by Country, 2022 - 2028, USD Million
- TABLE 13 Asia Pacific 4 tons to 10 tons Market by Country, 2018 - 2021, USD Million
- TABLE 14 Asia Pacific 4 tons to 10 tons Market by Country, 2022 - 2028, USD Million
- TABLE 15 Asia Pacific Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 16 Asia Pacific Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 17 Asia Pacific Landscaping & Construction Market by Country, 2018 - 2021, USD Million
- TABLE 18 Asia Pacific Landscaping & Construction Market by Country, 2022 - 2028, USD Million
- TABLE 19 Asia Pacific Agriculture Market by Country, 2018 - 2021, USD Million
- TABLE 20 Asia Pacific Agriculture Market by Country, 2022 - 2028, USD Million
- TABLE 21 Asia Pacific Mini Excavators Market by Country, 2018 - 2021, USD Million
- TABLE 22 Asia Pacific Mini Excavators Market by Country, 2022 - 2028, USD Million
- TABLE 23 China Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 24 China Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 25 China Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 26 China Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 27 China Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 28 China Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 29 China Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 30 China Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 31 Japan Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 32 Japan Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 33 Japan Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 34 Japan Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 35 Japan Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 36 Japan Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 37 Japan Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 38 Japan Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 39 India Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 40 India Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 41 India Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 42 India Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 43 India Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 44 India Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 45 India Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 46 India Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 47 South Korea Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 48 South Korea Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 49 South Korea Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 50 South Korea Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 51 South Korea Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 52 South Korea Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 53 South Korea Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 54 South Korea Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 55 Singapore Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 56 Singapore Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 57 Singapore Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 58 Singapore Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 59 Singapore Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 60 Singapore Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 61 Singapore Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 62 Singapore Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 63 Malaysia Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 64 Malaysia Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 65 Malaysia Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 66 Malaysia Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 67 Malaysia Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 68 Malaysia Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 69 Malaysia Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 70 Malaysia Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 71 Rest of Asia Pacific Mini Excavators Market, 2018 - 2021, USD Million
- TABLE 72 Rest of Asia Pacific Mini Excavators Market, 2022 - 2028, USD Million
- TABLE 73 Rest of Asia Pacific Mini Excavators Market by Type, 2018 - 2021, USD Million
- TABLE 74 Rest of Asia Pacific Mini Excavators Market by Type, 2022 - 2028, USD Million
- TABLE 75 Rest of Asia Pacific Mini Excavators Market by Operating Weight, 2018 - 2021, USD Million
- TABLE 76 Rest of Asia Pacific Mini Excavators Market by Operating Weight, 2022 - 2028, USD Million
- TABLE 77 Rest of Asia Pacific Mini Excavators Market by End User, 2018 - 2021, USD Million
- TABLE 78 Rest of Asia Pacific Mini Excavators Market by End User, 2022 - 2028, USD Million
- TABLE 79 key Information - Volvo Group
- TABLE 80 Key Information - Kobe Steel, Ltd.
- TABLE 81 Key Information - Hyundai Construction Equipment Co., Ltd.
- TABLE 82 key information - Caterpillar, Inc.
- TABLE 83 Key Information - Komatsu Ltd.
- TABLE 84 Key information - Deere & Company
- TABLE 85 Key Information - Hitachi, Ltd.
- TABLE 86 Key Information - J C Bamford Excavators Ltd.
- TABLE 87 Key Information - Takeuchi Mfg. Co., Ltd.
List of Figures
- FIG 1 Methodology for the research
