Growing Demand for Mini Excavators

The mini excavators market has witnessed significant growth in past few years owing to surge in spending on construction activities.

Asia-Pacific is expected to provide attractive opportunities for mini excavators due to rapid urbanization and development of the construction industry. Moreover, infrastructure development in South Asia, the Middle East, and Africa is expected to drive the market growth in coming years. In addition, rise in awareness about versatile benefits of mini excavators across different industry verticals such as landscaping, construction, and agriculture is expected to fuel adoption of this equipment in materials handling and lifting applications.

Furthermore, rise in urbanization has surged the demand for commercial and residential construction projects, thereby, positively influencing the growth of the mini excavator market. However, dearth of skilled workforce and technicians is anticipated to hamper growth of the global mini excavator market.