Description

About Earthmoving Equipment

Earthmoving equipment refers to heavy equipment used in the construction industry to move large amounts of earth, dig foundations for buildings, and to landscape areas. The various types of earthmoving equipment include excavators, loaders, and construction tractors. The earthmoving equipment market is one of the major segments of the construction equipment market.

Technavio's analysts forecast the earthmoving equipment market in South Korea to grow at a CAGR of 6.53% over the period 2014-2019.

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Covered in this Report

This report covers the present scenario and the growth prospects of the earthmoving equipment market in South Korea for the period 2015-2019. It also includes historical sales of earthmoving equipment in the construction equipment market in South Korea. In this report, the market size is determined by the consumption value of earthmoving equipment and the growth prospects of the earthmoving equipment market in South Korea is estimated after an analysis of the present condition of the market. In addition, the report discusses the major drivers influencing the growth of the market, and the major challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

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Key Vendors
Doosan Infracore
HHIE
Kubota
Sunward

Other Prominent Vendors
Caterpillar
Komatsu
Liebherr Group
Volvo

Market Driver
Growth of Nuclear Energy Infrastructure
For a full, detailed list, view our report

Market Challenge
High Prices of Raw Materials
For a full, detailed list, view our report

Market Trend
Investment in Construction Sector
For a full, detailed list, view our report

Key Questions Answered in this 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?

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