Colombia Crawler Excavator Market - Strategic Assessment & Forecast 2021-2027

September 2021 | 75 pages | ID: C28C6FA08F6CEN
Arizton Advisory & Intelligence

Abstracts

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Colombia Crawler Excavator Market Report

The Colombia crawler excavator market size will be valued at USD 168 million and to reach volume of 1982 units by 2027, growing at a compound annual growth rate (CAGR) of 4.39% by volume during 2021-2027.

COLOMBIA CRAWLER EXCAVATOR MARKET INSIGHTS

• Increasing investments in road construction, housing projects, and development projects in the pipeline will fuel the growth of the Colombia crawler excavator industry.
• Due to intense competition in technology and design, excavator makers are marketing their devices vigorously, focused on technologically innovative features and a wide variety of attachments.
• Medium Excavators accounted for the largest market share of 29.6% because of their growing popularity.
• The growing market for mini excavators is driving OEMs to develop and release more sophisticated models as they are capable of landscaping, excavating, demolishing, and material handling in cities and farms.
• By switching to intelligent systems driven by IoT and data analysis for service, networking, and sustainability, the Colombia crawler excavator industry is transitioning to become a more innovative industry.

KEY HIGHLIGHTS FROM THE REPORT

• Investments from developed nations, favorable government policies and FDIs, a shift in focus toward local production, and anticipated industrial advancements in the mining, agriculture, and construction machines industries contribute to the increased demand for crawler excavators across Colombia.
• Colombia is planning to invest aggressively to strengthen its infrastructure. The government is planning to invest USD 9.3 billion in developing transport infrastructure, which will accelerate the country's heavy equipment demand.
• The emergence of new technology and the use of automation in excavators will increase the growth of mining industries.

The report considers the present scenario of the Colombia crawler excavator market and its market dynamics for the forecast period 2021?2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with segment analysis of the Colombia crawler excavator market.

COLOMBIA CRAWLER EXCAVATOR MARKET - SEGMENTAL ANALYSIS

• The mini excavator is expected to grow in the long term, owing to the increasing demand for compact excavators that are technologically advanced. Colombia's mini crawler excavator industry is expected to reach 539 units by 2027.
• Government infrastructure development plans will be the driving force for the increase in construction in the country. Colombia’s crawler excavator market by construction is expected to reach 877 units by 2027.
• Colombia’s gross Power >201 HP crawler excavator industry is expected to reach 716 units by 2027, growing at a CAGR of 4.56%.

Segmentation by Excavator Type and Operating Weight

• Mini (
• Small (7-24 tons)
• Medium (25-40 tons)
• Large (above >40 tons)

Segmentation by Application

• Mining
• Construction
• Agriculture
• Forestry
• Others

Segmentation by Gross Power Output

• 61-101 HP
• 102-200 HP
• >201 HP

COLOMBIA CRAWLER EXCAVATOR MARKET - VENDOR LANDSCAPE

Caterpillar, Komatsu, Hitachi, Hyundai Construction Equipment, SANY, Volvo Construction Equipment, Doosan Heavy Industries & Construction, Kobelco, and JCB are the top players in the crawler excavator market in Colombia. John Deere has introduced Smart Grade technology in 10G LC and 350G LC excavators. Hydraulic excavators are Hitachi’s primary product range and offer several models ranging from medium and micro excavators. The company provides a range of grade management solutions: Smart Grade, Smart Grade- Ready with 2D, 3D Grade Guidance.

Major Vendors

• Caterpillar
• Komatsu
• Hitachi
• Hyundai Construction Equipment
• SANY
• Volvo Construction Equipment
• Doosan Heavy Industries & Construction
• Kobelco
• JCB

Other Prominent Vendors

• Kubota
• Sumitomo
• Ingersoll Rand
• XCMG
• LeeBoy
• LIEBHERR

Distributor Profiles

• Central S.A.S
• Rentandes
• Alquima
• Mecoltec
• IMPORTADORA CASA Colombia S.A.S

WHY SHOULD YOU BUY THIS REPORT?

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of-

• Volume (Unit sales)
• Type
• Excavator Type and Operating Weight
• Application
• Gross Power Output
• Value (USD)
• Type
• Excavator Type and Operating Weight
• Application
• Gross Power Output
• Gain competitive intelligence about the economic scenario, advantages in Colombia, major projects and investments, dynamics, and market share
• Examples of latest technologies
• Get presentation-ready format and easy-to-interpret data.
• Enable decision-makers to make informed and profitable choices
• Gain expert quantitative and qualitative analysis on value/volume growth projections of the Colombia crawler excavator market share
• Complete supply chain analysis
• Get COVID-19 impact analysis of the market
• Company Profile of 13 major vendors

KEY QUESTIONS ANSWERED:

1. What is the market size of the Colombia crawler excavator market during 2021-2027?
2. At what CAGR is the Colombia crawler excavator market projected to grow in the forecast period (2021-2027)?
3. What are the segments covered in the Colombia crawler excavator market report?
4. Who are the top players in the crawler excavator market in Colombia?
5. What are the recent technologies for the crawler excavator market in Colombia?
6. What are the key factors driving the Colombia crawler excavator growth?

Contents

Section 1 – Introduction
Market Snapshot
Executive Summary
Section 2 – The Market Overview
Economic Scenario, Advantage Colombia, COVID-19 Impact, COVID-19 Impact analysis, Key Economic Regions in Colombia, Supply Chain Insight
Section 3- Technological Advances
Technology Adoption by Major Vendors with Examples
Section 4 Market Dynamics
Market Drivers, Restraints, Trends
Section 5 – Colombia Crawler Excavator Market (Type & Operating Weight)

1. COLOMBIA CRAWLER EXCAVATOR MARKET BY TYPE (OPERATING WEIGHT)

Mini Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027
Small Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027
Medium Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027
Large Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027

2. COLOMBIA CRAWLER EXCAVATOR MARKET BY APPLICATION

Construction Market Size and Forecast, Volume & Value, 2018-2027
Mining Market Size and Forecast, Volume & Value, 2018-2027
Agriculture Market Size and Forecast, Volume & Value, 2018-2027
Forestry Market Size and Forecast, Volume & Value, 2018-2027
Other Market Size and Forecast, Volume & Value, 2018-2027

3. COLOMBIA CRAWLER EXCAVATOR MARKET BY GROSS POWER

Gross Power<60hp Market Size and Forecast, Volume & Value, 2018-2027
Gross Power 60 hp- 101 hp Market Size and Forecast, Volume & Value, 2018-2027
Gross Power 102 hp- 201 hp Market Size and Forecast, Volume & Value, 2018-2027
Gross Power>201 hp Market Size and Forecast, Volume & Value, 2018-2027
Section 6 – Market Landscape
Supply Chain Analysis
Section 7 – Competitive Landscape

1. COMPANY PROFILE OF MAJOR VENDORS (KOMATSU, HITACHI CONSTRUCTION MACHINERY, KOBELCO, CATERPILLAR, HYUNDAI CONSTRUCTION EQUIPMENT, DOOSAN, JCB, SANY, VOLVO CONSTRUCTION EQUIPMENT)

2. OTHER PROMINENT VENDORS

3. DISTRIBUTORS PROFILE

Section 8 – Report Summary

1. KEY INSIGHTS

Section 9 – Appendix

1. RESEARCH METHODOLOGY

2. RESEARCH OBJECTIVE

3. MARKET DEFINITION, INCLUSION & EXCLUSION

List Of Exhibits

LIST OF EXHIBITS

Exhibit 1 Colombia crawler excavator market by volume (unit sales), 2018-2027
Exhibit 2 Colombia Crawler Excavator Market by Gross Power Output, (% volume share) 2020
Exhibit 3 Colombia Crawler Excavator Market by Volume (Unit Sales) 2018-2027
Exhibit 4 Colombia Crawler Excavator Market by Value ($ MN) 2018-2027
Exhibit 5 Colombia crawler Excavator Market by Application 2020 (% volume share)
Exhibit 6 Colombia Crawler Excavator Market by Type (Operating Weight) 2018-2027 (Unit Sales)
Exhibit 7 Colombia GDP Value ($BN) 2015-2020
Exhibit 8 Colombia Government Investment in Various Sectors in ($BN)
Exhibit 9 FDI Inflow in $(BN)
Exhibit 10 Sector Wise FDI inflow in $(BN)
Exhibit 11 GDP Contribution by State in $ (BN) 2019
Exhibit 12 Industry GDP Contribution Sector 2020
Exhibit 13 GPP Per Capita ($), 2020
Exhibit 14 Yearly Approved Foreign Investment in Mining ($ BN)
Exhibit 15 Colombia Crude oil price in USD per Barrel (2015-2020)
Exhibit 16 Carbon Emission by Sector
Exhibit 17 Colombia Crawler Excavator Market by Excavator Type 2018-2027 (unit sales)
Exhibit 18 Colombia Crawler Excavator Market by Gross Power Output 2018-2027 (unit sales)
Exhibit 19 Colombia Crawler Excavator Market by Application 2018-2027 (unit sales)
Exhibit 20 Colombia Mini Excavator Market 2018–2027 (Unit Sales)
Exhibit 21 Colombia Mini Crawler Excavator Market 2018–2027 ($ MN)
Exhibit 22 Colombia Small Excavator Market 2018–2027 (Unit Sales)
Exhibit 23 Colombia Small Crawler Excavator Market 2018–2027 ($ MN)
Exhibit 24 Colombia Medium Excavator Market 2018–2027 (Unit Sales)
Exhibit 25 Colombia Medium Excavator Market 2018–2027 ($ MN)
Exhibit 26 Colombia Large Excavator Market 2018–2027 (Unit Sales)
Exhibit 27 Colombia Large Excavator Market 2018–2027 ($ MN)
Exhibit 28 Colombia Crawler Excavator Market by Construction 2018–2027 (Unit Sales)
Exhibit 29 Colombia Crawler Excavator Market by Construction 2018–2027 ($ MN)
Exhibit 30 Colombia Crawler Excavator Market by Mining 2018–2027 (Unit Sales)
Exhibit 31 Colombia Crawler Excavator Market by Mining 2018–2027 ($ MN)
Exhibit 32 Colombia Crawler Excavator Market by Agriculture 2018–2027 (Unit Sales)
Exhibit 33 Colombia Crawler Excavator Market by Agriculture 2018–2027 ($ MN)
Exhibit 34 Colombia Crawler Excavator Market by Forestry 2018–2027 (Unit Sales)
Exhibit 35 Colombia Crawler Excavator Market by Forestry 2018–2027 ($ MN)
Exhibit 36 Colombia Crawler Excavator Market by Others 2018–2027 (Unit Sales)
Exhibit 37 Colombia Crawler Excavator Market by Others 2018–2027 ($ MN)
Exhibit 38 Colombia Gross Power Output <60 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 39 Colombia Gross Power Output <60 HP Excavator Market 2018–2027 ($ MN)
Exhibit 40 Colombia Gross Power Output 61 HP-101 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 41 Colombia Gross Power Output 61 HP-101 HP Excavator Market 2018–2027 ($ MN)
Exhibit 42 Colombia Gross Power Output 102 HP-200 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 43 Colombia Gross Power Output 102 HP-200 HP Excavator Market 2018–2027 ($ MN)
Exhibit 44 Colombia Gross Power Output >201 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 45 Colombia Gross Power Output >201 HP Excavator Market 2018–2027 ($ MN
Exhibit 46 Caterpillar; total revenue 2018-2020 ($ billion)
Exhibit 47 Caterpillar, total revenue by segment 2019 ($ billion)
Exhibit 48 Komatsu; total revenue 2018-2020 ($ billion)
Exhibit 49 Komatsu; total revenue by segment 2019($ billion)
Exhibit 50 HITACHI Construction Machinery; total revenue 2018-2020($billion)
Exhibit 51 Hitachi construction Machinery; total revenue by segment 2019-2020 ($ billion)
Exhibit 52 Hyundai construction equipment; total revenue 2018-2020 ($ billion)
Exhibit 53 Hyundai Construction Equipment, total revenue by segment 2019 ($ billion)
Exhibit 54 JCB, total Revenue by Segment 2019-2020 (%)

List Of Tables

LIST OF TABLES

1. GOVERNMENT INFRASTRUCTURE DEVELOPMENT PROJECTS

2. CRAWLER EXCAVATOR YOY GROWTH BY VOLUME

3. KEY INSIGHTS