Global Amphibious Excavator Market – Excavators for shallow waters
- An excavator is a heavy duty construction equipment that is used in various operations such as digging, material handling, and construction
- Amphibious excavator, as the name suggests, is suitable for use both on land and water. It is also known as swamp buggy or swamp excavator. Amphibious excavators perform dredging in soft terrain, such as swamps, marshes and wet lands, and shallow water, while remaining afloat on water. The amphibious excavator consists of more than one hydraulic motors.
Global Amphibious Excavator Market: Dynamics
Increase in dredging activity in shallow rivers worldwide fuels sale of amphibious excavator
Dredging is a process of excavation of sediment from the bottom of a water body and disposing it to a different location. Rise in water-borne trade in shallow waters across the globe is increasing the demand for dredging. Dredging is required so that water-borne traffic can easily move through the water body for transportation. Amphibious excavators are widely utilized across the world for dredging purposes. Consequently, a rise in dredging activity across the globe drives the sale of amphibious excavators.
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Rise in construction across the globe propels sale of amphibious excavator
The construction sector is significantly large worldwide, and it is estimated that US$ 10.0 trillion is spent, annually across the globe, in goods and services related to the construction sector. Rise in commercial and industrial construction in Asia Pacific is driving the demand for amphibious excavators. Emerging economies in Asia Pacific, such as China and India, are witnessing a rise in industrial activity, which is boosting both residential and commercial construction and consequently, propelling the demand for amphibious excavator.
Global Amphibious Excavator Market: Regional
Asia Pacific to hold prominent share of global amphibious excavator market
- Based on geography, the global amphibious excavator market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
- The market in North America is broken down and analyzed at country-level, which includes the U.S., Canada, and Rest of North America. Similarly, the amphibious excavator market in Europe can be classified to the country level into Germany, France, the U.K., and Rest of Europe. The amphibious excavator market in Asia Pacific includes China, India, Japan, and Rest of Asia Pacific. In Rest of Asia Pacific, countries in Southeast Asia are a significant markets for amphibious excavator in the region. The analysis of the amphibious excavator market in Middle East & Africa includes South Africa, GCC countries, and Rest of Middle East & Africa. The amphibious Excavator market in South America can be bifurcated into Brazil and Rest of South America.
- The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period
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