Global Amphibious Excavators Market - Excavators in shallow water.
Excavators are heavy construction equipment used for various operations such as excavation, material handling and construction.
An amphibious excavator, as the name suggests, is suitable for use on land and in water. It is also known as a swamp truck or swamp excavator. The amphibious excavator dredges in soft terrain such as swamps, marshes and wetlands as well as in shallow water, while remaining afloat on the water. Amphibious excavators consist of more than one hydraulic motor.
Global amphibious excavator market. The increase in shallow water river dredging activities globally is boosting sales of amphibious excavators.
Dredging is the process of excavating sediments from the bottom of a body of water and disposing them to a different location. The global rise in water transport trade in shallow waters has increased the demand for dredging. Dredging is necessary so that waterborne traffic can be easily transported through bodies of water. Amphibious excavators are used extensively around the world for dredging purposes. As a result, the increase in dredging activities around the world is driving sales of amphibious excavators.
Global growth in the construction industry drives sales of amphibious excavators.
The construction industry is of significant global proportions, with an estimated US$10 trillion spent globally each year on construction-related goods and services. The rise of commercial and industrial construction in the Asia-Pacific region is driving demand for amphibious excavators. Emerging economies in Asia Pacific, such as China and India, are witnessing a rise in industrial activity, which is boosting residential and commercial construction, thereby driving the demand for amphibious excavators.
Global Amphibious Excavators Market. Regional Asia Pacific to hold a prominent share of the global amphibious excavator market.
On the basis of geography, the global amphibious excavator market can be segmented into five regions. North America, Europe, Asia Pacific, Middle East & Africa and South America.
The market in North America is segmented and analysed at the country level and includes the United States, Canada and the rest of North America. Similarly, the amphibious excavator market in Europe is segmented at the country level into Germany, France, the UK and the rest of Europe. The amphibious excavator market in Asia Pacific includes China, India, Japan and Rest of Asia Pacific. In Rest of Asia Pacific, South East Asian countries are an important market for amphibious excavators in the region. The analysis of the amphibious excavator market in the Middle East and Africa includes South Africa, the Gulf Cooperation Council countries and the rest of the Middle East and Africa. The amphibious excavator market in South America can be segmented into Brazil and Rest of South America.
The market in Asia Pacific is expected to expand rapidly during the forecast period.
