excavator market in turkey 2015-2019

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www.technavio.com enquiry@technavio .com Excavator Market in Turkey 2015-2019

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Page 1: Excavator Market in Turkey 2015-2019

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Excavator Market in Turkey 2015-2019

Page 2: Excavator Market in Turkey 2015-2019

Covered in this Report• The report covers the present scenario and the growth

prospects of the excavator market in Turkey for the period 2015-2019.

• The market size has been calculated based on the total revenue generated from the sales of excavators in Turkey.

• It does not consider the revenue generated from the sale of used equipment or from contracts and maintenance.

• The report also presents a detailed analysis of the four key vendors and their share in the market.

• In addition, it discusses the major drivers that influence the growth of the market.

• It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Excavator Market in Turkey 2015-2019

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Page 3: Excavator Market in Turkey 2015-2019

Market Overview• Excavators are used to excavate, move, or lift materials

using a bucket fitted to a boom.

• These are self-propelled machines that run on crawlers or wheels.

• Excavators are versatile heavy construction machinery used for applications such as below- and above-ground-level operations, including land leveling, trench digging, and sinking of wells.

• The demand for excavators in Turkey is rapidly increasing because the government of Turkey is investing in large infrastructure construction projects such as the Istanbul high-speed railway, IGA airport, and Akkuyu nuclear power plant.

• Technavio's analysts forecast the excavator market in Turkey to grow at a CAGR of 6.25% over the period 2014-2019.

To know more aboutExcavator Market in Turkey

2015-2019,please mail us at

[email protected]

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Page 4: Excavator Market in Turkey 2015-2019

Key Vendors and Regions

• Çukurova Ziraat

• HIDROMEK

• Liebherr-Makìne Tìcaret Servìs Lìmìted Sìrketì (Liebherr Group)

• SANY Turkey (SANY Group)

• Hyundai Heavy Industries

• SARILAR Group

• XCMG

View Our Report: Excavator Market in Turkey 2015-2019

• Turkey

Vendors Regions

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Page 5: Excavator Market in Turkey 2015-2019

Key Findings• Owning construction equipment is expensive.

• Construction companies, especially SMEs, face budget constraints in owning excavators.

• This has resulted in manufacturers trying to promote their equipment through renting and leasing.

• Leading vendors in Turkey such as SANY are offering rental and lease services to their customers.

• Equipment can be rented on a daily or annual basis, where the lease period is often less than the average lifetime of the equipment.

• This allows construction companies to utilize the equipment without major investment.

• Auxiliary services such as specialist consultation and proactive maintenance are also increasingly being offered for rental or lease customers.

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Page 6: Excavator Market in Turkey 2015-2019

Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

Have a question of your own about this report?

Ask our Analysts

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Page 7: Excavator Market in Turkey 2015-2019

• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

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Page 9: Excavator Market in Turkey 2015-2019

Thank You!

Mail us at: [email protected] can visit us at:www.technavio.com

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