Electronics Research Reports by Radiant Insights Global Excavator Backhoe Market | Page 2

excavators are the usual hydraulic excavators with backhoe , dipper , digging bucket and cab . Crawler excavator is a crawling digger designed to dig or move large objects . It runs or moves on a crawler chassis .
Wheeled excavators are excavator with wheels . The crawler excavator segment dominated the global excavators market in 2015 . It was followed by the mini excavator segment . This was due to the increasing demand for technologically advanced and fuel-efficient excavators . The global excavator backhoe market is segmented by product type , application and geography .
On the basis of application , the global excavator backhoe market is segmented into infrastructure , mining , waste management and so on . The product is used to place armors and large rocks , move construction materials and other construction waste in the infrastructure market . Excavator backhoe is used to dig the ground for extraction of ores in the mining industry . In waste management , excavators are employed to carry large heaps of waste from one place to another for disposal .
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The global excavator backhoe market is expected to grow during the forecast period due to the increase in investments in construction and mining sectors and rise in awareness about waste management . On the basis of geography , the global excavator backhoe market is segmented into North America , Europe , Asia Pacific , Latin America and Middle East & Africa . Asia Pacific dominates the largest market share in the global excavator backhoe market , led by the growth in infrastructure development and rise in urbanization in China .
North America is also a favourable market for excavator backhoe . Outlook for the excavator backhoe market in Europe also appears positive , as excavators are used on a large scale in developed countries such as Germany . The key players of global excavator backhoe market are Volvo Construction Equipment , Caterpillar Inc ., John Deere , Geith , Bobcat , CASE , Komatsu Ltd ., Terex , Kubota , Yuchai , Hitachi Construction Machinery Co . Ltd ., and Kobelco Construction Equipment .
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