In-Depth Analysis of the Small Excavator Market

Excavators are predominantly used in construction as well as agriculture sector for various applications. However, a large excavator is not always optimal to performing small scale task. Whereas, by using mini excavators, these tasks can be performed easily and at lower cost, which is anticipated to boost the demand for mini excavators. Further, rise in demand for mini excavators, owing to rise in construction sector is projected to propel growth of the global mini excavator market. 

On the other hand, rise in world population has significantly increased demand in the agriculture sector, thereby; positively influencing mini excavators market growth. Furthermore, the availability of a wide range of mini excavator in various lifting capacities makes it suitable for use in various small-scale applications. Thus, mini excavators are extensively used for excavating small trenches, pits, handling lighter loads, maintaining land surface, and others.In addition, integration of cameras and other spatial sensors have fueled the development of new generation of mini excavators, which puts lesser burden on the operator.

Furthermore, the increased investments on infrastructure projects such as road construction, by the governments across the globe have surged the demand for mini excavators.