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(MoneyNewsWire.Net, July 27, 2018 )
Demolition Equipment is a big topic. This report only covers high reach hydraulic crawler excavators with working height above 15m and operation weight above 20 Tons. The arms end is equipped with grapples, hammers, shears or pulverizers.
Over the next five years, the research study projects that Demolition Equipment Market Size will register a 2.1% CAGR in terms of revenue, reach US$ 250 million by 2023, from US$ 220 million in 2017.
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For production, Japan is one of the largest manufacturing bases of Demolition Equipment, over 42.65% Demolition Equipment are manufactured in this region. Due to high technology level and completely industrial chain, Japan is the best choice for manufacturers.
Europe is the largest consumption market of Demolition Equipment, which shared over 36% of the market, USA and Japan followed.
CAT and Hitachi are the most famous manufacturer, both occupying large market share in global Demolition Equipment market. Besides, other manufacturer like Kobelco and Komatsu are all professional manufacturers in this market.
In general, the market concentration is relative low. Though the giants have occupied considerable market share, there are still a large quantity of manufacturers of Demolition Equipment with small capacity.
Although sales of Demolition Equipment brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Demolition Equipment field.
This report presents a comprehensive overview, market shares, and growth opportunities of Demolition Equipment market by product type, application, key manufacturers and key regions. To calculate the market size, LP Information considers value and volume generated from the sales of the following segments. Segmentation by product type are Weight 20-50 Tons, Weight 50-100 Tons and Weight more than 100 Tons, Also, Segmentation by application are Mining, Construction. Road Engineering and Others.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as CAT, Hitachi, Kobelco, Komatsu, Volvo, Doosan, JCB, Liebherr, Hyundai and Hidromek.
Related Report:
Global Demolition Hammer Market Research Report 2018
This report studies the global Demolition Hammer market status and forecast, categorizes the global Demolition Hammer market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
The major manufacturers covered in this report are Bosch, Makita, Hilti, Dewalt, TR Industrial, Einhell, McQuillan, Hitachi, Milwaukee and Stanley.
Read More: https://www.researchbeam.com/global-demolition-hammer-research-report-2018-market?utm_source=OPR&utm_medium=CC
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