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

August 2021 | 74 pages | ID: MCA750FD2F58EN
Arizton Advisory & Intelligence

Abstracts

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

Malaysia crawler excavator market to grow at a CAGR

of 7.84% during the period 2021-2027.

The growing demand for green buildings is expected to boost the need for crawler excavators. The government is planning to use automation and sustainable practices like remote-control hybrid excavators to reduce pollution and increase safety in the mining industry.

MALAYSIA CRAWLER EXCAVATOR MARKET INSIGHTS

• The government is focusing on the improvement of infrastructure by increasing fund allocation and approving various projects. This, in turn, will increase the sale of construction equipment in the Malaysian crawler excavator market.
• Mini excavators are being used for waste management due to their portable and compact size in Malaysia.
• Excavators used in the construction industry accounted for the largest market share of 50.4%, pertaining to significant government expenditure on construction projects.
• Medium Excavators accounted for the largest market share of around 34.7% because of their growing popularity across the country.
• Hyundai Construction Equipment jointly developed South Korea’s first AI-based equipment failure diagnosis technology and Amazon Web Services (AWS) in the heavy machinery market.
• The emergence of new technology and the use of automation in excavators will increase the growth of mining industries.

KEY HIGHLIGHTS FROM THE REPORT

• Due to rising urbanization and increasing activity in the country's construction sectors, the production and sales of large excavators are expected to boost significantly.
• Use of AI technology in enhancing productivity, safety, uptime, and operation in the market.
• Farmers growing pulp have been urged to curtail natural forest use and focus their attention on commercial forests and the expansion of acacia plantations, which has resulted in a rise in excavator sales.

The report considers the present scenario of the crawler excavator market in Malaysia and 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 a segment analysis of the Malaysia crawler excavator market.

MALAYSIA CRAWLER EXCAVATOR MARKET - SEGMENTATION ANALYSIS

• The mini excavator is expected to grow in the long term owing to the increasing demand for compact excavators that are technologically advanced. Malaysia's mini crawler excavator market is expected to reach 1659 units by 2027.
• Malaysia's crawler excavator market by forestry is expected to reach 91 units by 2027, growing at a CAGR of 3.05%. The forestry segment accounts for 8% of the overall crawler excavator industry.
• Malaysia's gross Power >201 HP crawler excavator market is expected to reach 1183 units by 2027, growing at a CAGR of 6.99%.

Market Segmentation by Excavator Type and Operating Weight

• Mini (>6 tons)
• Small (7-25 tons)
• Medium (26-40 tons)
• Large (above 40 tons)

Market Segmentation by Application

• Construction
• Mining
• Agriculture
• Forestry
• Others

Market Segmentation by Gross Power

• 61-101 HP
• 102-200 HP
• >201 HP

VENDOR LANDSCAPE

Excavator manufacturing companies have partnered with local distributors and dealers to sell their equipment in the market. There is no significant distribution channel in Malaysia for heavy equipment machinery. Independent dealers or distributors account for more than half of the sales, and the other half is majorly divided between retail suppliers and rental companies. Komatsu has collaborated with a US maker of commercial electric vehicles to produce electrified heavy machinery and excavator, looking to start mass production ahead of its rivals early from 2023. Caterpillar, Komatsu, Hitachi, Kubota, Sumitomo, and Leeboy are few significant players in the Malaysia Crawler Excavator market.

Major Vendors

• Caterpillar
• Komatsu
• Hitachi
• Hyundai Construction Equipment
• Sany
• Volvo Construction Equipment
• Doosan
• Kobelco
• JCB

Other Prominent Vendors

• Kubota
• Sumitomo
• Leeboy
• Ingersoll Rand
• XCMG

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 Malaysia major projects and investments, market dynamics, 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 Malaysia crawler excavator market share
• Complete supply chain analysis
• Get COVID-19 impact analysis of the market
• Company Profile of 16 significant vendors

KEY QUESTIONS ANSWERED:

1. At what CAGR is the Malaysia Crawler Excavator market projected to grow in the forecast period (2021-2027)?
2. What are the segments covered in the Malaysia Crawler Excavator market report?
3. Who are the top players in the Malaysia Crawler Excavator market?
4. What are the recent technologies for the Crawler Excavator market in Malaysia?
5. What are the key factors driving the Malaysia Crawler Excavator growth?

Contents

SECTION 1 – INTRODUCTION

Market Snapshot
Executive Summary

SECTION 2 – THE MARKET OVERVIEW

Economic Scenario, Increasing Government infrastructure Development to Attract FDI, Advantage Malaysia, COVID-19 Impact, COVID-19 Impact analysis, Key Economic Regions in Malaysia, Supply Chain Insight

SECTION 3- TECHNOLOGICAL ADVANCES

Technology Adoption by Major Vendors with Examples

SECTION 4 MARKET DYNAMICS

Market Drivers, Restraints, Trends

SECTION 5 – MALAYSIA CRAWLER

Excavator Market (Type & Operating Weight)

1. MALAYSIA CRAWLER EXCAVATOR MARKET BY 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. MALAYSIA CRAWLER EXCAVATOR MARKET BY EXCAVATOR MARKET BY APPLICATION

Crawler Excavator, Construction, Market Size and Forecast, Volume & Value, 2018-2027
Crawler Excavator, Mining, Market Size and Forecast, Volume & Value, 2018-2027
Crawler Excavator, Agriculture, Market Size and Forecast, Volume & Value, 2018-2027
Crawler Excavator, Forestry, Market Size and Forecast, Volume & Value, 2018-2027
Crawler Excavator, Others, Market Size and Forecast, Volume & Value, 2018-2027

3. MALAYSIA CRAWLER EXCAVATOR MARKET BY GROSS POWER

Crawler Excavator Market by Gross Power Output, <60 hp, Volume & Value, 2018-2027 Crawler Excavator Market by Gross Power Output, 61 hp-101 hp, Volume & Value, 2018-2027
Crawler Excavator Market by Gross Power Output, 102 hp-200 hp, Volume & Value, 2018-2027
Crawler Excavator Market by Gross Power Output, >201 hp, 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 Malaysia crawler excavator market by volume (unit sales), 2018-2027
Exhibit 2 Malaysia Crawler Excavator Market by Gross Power Output, Volume (% volume share) 2020
Exhibit 3 Malaysia Crawler Excavator Market by Volume (Unit Sales) 2018-2027
Exhibit 4 Malaysia Crawler Excavator Market by Value ($ MN) 2018-2027
Exhibit 5 Malaysia crawler excavator market by application 2020 (% volume share)
Exhibit 6 Malaysia Crawler Excavator Market by Type (Operating Weight) 2018-2027 (Unit Sales)
Exhibit 7 Malaysia GDP in current prices from 2015-2020 ($ bn)
Exhibit 8 Malaysia Investment of Permitted Project 2020 (across different sectors) ($MN)
Exhibit 9 FDI inflow in USD (Billion)
Exhibit 10 Malaysia’s Ease of Doing Business Rank
Exhibit 11 GDP Contribution by State (2019)
Exhibit 12 GDP Contribution of State by Industry (2020)
Exhibit 13 GDP Per Capita State wise 2020 (RM)
Exhibit 14 Share of Various Sectors Within Construction Industry
Exhibit 15 Comparison of Budget Allocation (2020 & 2021)
Exhibit 16 Development Expenditure
Exhibit 17 Import Duty Rate on Construction Machinery
Exhibit 18 Malaysia crawler excavator market by excavator type 2018-2027 (unit sales)
Exhibit 19 Malaysia crawler excavator market by gross power output 2018-2027 (unit sales)
Exhibit 20 Malaysia crawler excavator market by application 2018-2027 (unit sales)
Exhibit 21 Malaysia Mini Excavator Market 2018–2027 (Unit Sales)
Exhibit 22 Malaysia Mini Crawler Excavator Market 2018–2027 ($ MN)
Exhibit 23 Malaysia Small Excavator Market 2018–2027 (Unit Sales)
Exhibit 24 Malaysia Small Crawler Excavator Market 2018–2027 ($ MN)
Exhibit 25 Malaysia Medium Excavator Market 2018–2027 (Unit Sales)
Exhibit 26 Malaysia Medium Excavator Market 2018–2027 ($ MN)
Exhibit 27 Malaysia Large Excavator Market 2018–2027 (Unit Sales)
Exhibit 28 Malaysia Large Excavator Market 2018–2027 ($ MN)
Exhibit 29 Malaysia Gross Power Output <60 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 30 Malaysia Gross Power Output <60 HP Excavator Market 2018–2027 ($ MN)
Exhibit 31 Malaysia Gross Power Output 61 HP-101 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 32 Malaysia Gross Power Output 61 HP-101 HP Excavator Market 2018–2027 ($ MN)
Exhibit 33 Malaysia Gross Power Output 102 HP-200 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 34 Malaysia Gross Power Output 102 HP-200 HP Excavator Market 2018–2027 ($ MN)
Exhibit 35 Malaysia Gross Power Output >201 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 36 Malaysia Gross Power Output >201 HP Excavator Market 2018–2027 ($ MN)
Exhibit 37 Malaysia Crawler Excavator Market by Construction 2018–2027 (Unit Sales)
Exhibit 38 Malaysia Crawler Excavator Market by Construction 2018–2027 ($ MN)
Exhibit 39 Malaysia Crawler Excavator Market by Mining 2018–2027 (Unit Sales)
Exhibit 40 Malaysia Crawler Excavator Market by Mining 2018–2027 ($ MN)
Exhibit 41 Malaysia Crawler Excavator Market by Agriculture 2018–2027 (Unit Sales)
Exhibit 42 Malaysia Crawler Excavator Market by Agriculture 2018–2027 ($ MN)
Exhibit 43 Malaysia Crawler Excavator Market by Forestry 2018–2027 (Unit Sales)
Exhibit 44 Malaysia Crawler Excavator Market by Forestry 2018–2027 ($ MN)
Exhibit 45 Malaysia Crawler Excavator Market by Others 2018–2027 (Unit Sales)
Exhibit 46 Malaysia Crawler Excavator Market by Others 2018–2027 ($ MN)
Exhibit 47 Caterpillar; total sales and revenue by segment 2019 ($ billion)
Exhibit 48 Komatsu; total sales and revenue by segment 2019 (%)
Exhibit 49 HITACHI Construction Machinery; total sales and revenue by segment 2018-2020 (%)
Exhibit 50 Hyundai construction equipment; total sales and revenue by segment 2018-2020 (%)

List Of Tables

LIST OF TABLES

1. INFRASTRUCTURE DEVELOPMENT PROJECTS

2. MALAYSIA YEAR WISE INFLATION & INTEREST (%)

3. CRAWLER EXCAVATOR YOY GROWTH BY VOLUME

4. KEY INSIGHTS