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

August 2021 | 71 pages | ID: M93F127F34D1EN
Arizton Advisory & Intelligence

Abstracts

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

Myanmar crawler excavator market to grow at a CAGR of 7.57% during the period 2018-2027.

The Myanmar crawler excavator market is expected to show an incremental growth of 214 units. The driving force for the crawler excavator industry will be expanding roads and mass transit, and water management systems. 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.

The report considers the present scenario of the crawler excavator market in Myanmar 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 segment analysis of the India crawler excavator market.

MYANMAR CRAWLER EXCAVATOR MARKET INSIGHTS

• The country improved minority investor rights by mandating more disclosure of transactions involving interested parties, raising director responsibility, and improving corporate transparency in the crawler excavator market.
• In Myanmar, manufacturers are making operational advancements in their excavator motors, hydraulic systems, structure, tracks, and cab construction to improve their telematics fuel efficiency and competitiveness. With substantial continuing changes in Myanmar's mining controls, there was a considerable increase in international interest and investment in 2020.
• Myanmar relies on the export of crawler excavators majorly from China, Japan, and Korea.
• OEMs majorly focus on medium crawler excavators as this range has witnessed significant demand in the recent past, and it is further expected to witness an increased demand in the country.
• Hitachi Construction Machinery has developed long-distance remote control and autonomous operation technology for ultra-large hydraulic excavators using ICT and IoT technologies across Myanmar.

KEY HIGHLIGHTS FROM THE REPORT

• With increasing investments in road construction, housing projects in the pipeline, the demand for medium excavators is expected to spike in the country.
• Myanmar's advantageous position is likely to play a critical role in the government's ambitions to expand international collaboration, commerce, and investment, boosting excavators' demand shortly.
• Medium excavators accounted for the largest market share of around 33.7% because of their growing popularity.

MYANMAR CRAWLER EXCAVATOR MARKET - SEGMENTAL ANALYSIS

• The mini excavator industry has the potential to grow enormously in the long term as the availability of cheap manual labor declines and the requirement for inner-city construction projects rises.
• With the emergence of remote operation of excavators deep down in mines and the advent of 5G technology, the demand for excavators used in mining is expected to boost as it is comparatively safer to operate excavators from a distance.
• Myanmar’s

Market Segmentation by Excavator Type and Operating Weight

• Mini (>6 tons)
• Small (6-15 tons)
• Medium (15-30 tons)
• Large (above 30 tons)

Market Segmentation by Application

• Construction
• Mining
• Agriculture
• Forestry
• Others

Market Segmentation by Gross Power Output

• 61-101 HP
• 102-200 HP
• >201 HP

MYANMAR CRAWLER EXCAVATOR MARKET - VENDOR LANDSCAPE

The manufacturers focus on developing green products that comply with increasingly stringent international environmental laws, such as the IMO's air pollution and sulfur dioxide emission standards, by creating key eco-friendly technology. For instance, Caterpillar strategizes to deliver high-quality power systems and machines by focusing on implementing defect-free initiatives across the company. Caterpillar is planning to expand its product offerings to meet the requirements of a broad range of customers.

Major Vendors

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

Other Prominent Vendors

• Kubota
• Sumitomo
• Ingersoll Rand
• Liebherr
• XCMG
• LeeBoy

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 (Million)
• Type
• Excavator Type and Operating Weight
• Application
• Gross Power Output
• Gain competitive intelligence about the economic scenario, advantages in Myanmar, 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 Myanmar crawler excavator market share
• Complete supply chain analysis
• Get COVID-19 impact analysis of the industry
• Company Profile of 16 major vendors

KEY QUESTIONS ANSWERED:

1. How big is the Myanmar Crawler Excavator Market?
2. What are the different types of excavators in the Myanmar Crawler Excavator Market?
3. Who are the key vendors in Myanmar Crawler Excavator Market?
4. What are the key factors driving the Myanmar Crawler Excavator Market?
5. Which types of excavators accounted for the largest market share?

Contents

SECTION 1 – INTRODUCTION

Market Snapshot
Executive Summary

SECTION 2 – THE MARKET OVERVIEW

Economic Scenario, FDI, Advantage Myanmar, Import Trend Analysis, Reshaping of Myanmar Infrastructure, Emerging Projects, Supply Chain Insights, COVID-19 Impact

SECTION 3- TECHNOLOGICAL ADVANCES

Technology Adoption by Major Vendors with Examples

SECTION 4 MARKET DYNAMICS

Market Drivers, Restraints, Trends

SECTION 5 – MYANMAR CRAWLER EXCAVATOR MARKET (TYPE & OPERATING WEIGHT)

1. MYANMAR 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. MYANMAR 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. MYANMAR 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 – 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. RENTAL COMPANIES

SECTION 7 – REPORT SUMMARY

1. KEY INSIGHTS

SECTION 8 – APPENDIX

1. RESEARCH METHODOLOGY

2. RESEARCH OBJECTIVE

3. MARKET DEFINITION, INCLUSION & EXCLUSION

List Of Exhibits

LIST OF EXHIBITS

Exhibit 1 Myanmar crawler excavator market by volume (unit sales), 2018-2027
Exhibit 2 Myanmar Crawler Excavator Market by Gross Power Output, Volume (% volume share) 2020
Exhibit 3 Myanmar Crawler Excavator Market by Volume (Unit Sales) 2018-2027
Exhibit 4 Myanmar Crawler Excavator Market by Value ($ MN) 2018-2027
Exhibit 5 Myanmar crawler excavator market by application 2020 (% volume share)
Exhibit 6 Myanmar Crawler Excavator Market by Type (Operating Weight) 2018-2027 (Unit Sales)
Exhibit 7 Myanmar GDP in current prices from 2015-2019 ($ bn)
Exhibit 8 Myanmar Investment of Permitted Project 2016-2017 to 2021, (across different sectors) (Kyat MN)
Exhibit 9 Yearly Approved Amount of Foreign Investment ($ MN)
Exhibit 10 FDI Net Inflows (% of GDP) - Myanmar
Exhibit 11 Myanmar crawler excavator market by excavator type 2018-2027 (unit sales)
Exhibit 12 Myanmar crawler excavator market by gross power output 2018-2027 (unit sales)
Exhibit 13 Myanmar crawler excavator market by application 2018-2027 (unit sales)
Exhibit 14 Myanmar Mini Excavator Market 2018–2027 (Unit Sales)
Exhibit 15 Myanmar Mini Crawler Excavator Market 2018–2027 ($ MN)
Exhibit 16 Myanmar Small Excavator Market 2018–2027 (Unit Sales)
Exhibit 17 Myanmar Small Crawler Excavator Market 2018–2027 ($ MN)
Exhibit 18 Myanmar Medium Excavator Market 2018–2027 (Unit Sales)
Exhibit 19 Myanmar Medium Excavator Market 2018–2027 ($ MN)
Exhibit 20 Myanmar Large Excavator Market 2018–2027 (Unit Sales)
Exhibit 21 Myanmar Large Excavator Market 2018–2027 ($ MN)
Exhibit 22 Myanmar Gross Power Output <60 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 23 Myanmar Gross Power Output <60 HP Excavator Market 2018–2027 ($ MN)
Exhibit 24 Myanmar Gross Power Output 61 HP-101 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 25 Myanmar Gross Power Output 61 HP-101 HP Excavator Market 2018–2027 ($ MN)
Exhibit 26 Myanmar Gross Power Output 102 HP-200 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 27 Myanmar Gross Power Output 102 HP-200 HP Excavator Market 2018–2027 ($ MN)
Exhibit 28 Myanmar Gross Power Output >201 HP Excavator Market 2018–2027 (Unit Sales)
Exhibit 29 Myanmar Gross Power Output >201 HP Excavator Market 2018–2027 ($ MN)
Exhibit 30 Myanmar Crawler Excavator Market by Construction 2018–2027 (Unit Sales)
Exhibit 31 Myanmar Crawler Excavator Market by Construction 2018–2027 ($ MN)
Exhibit 32 Myanmar Crawler Excavator Market by Mining 2018–2027 (Unit Sales)
Exhibit 33 Myanmar Crawler Excavator Market by Mining 2018–2027 ($ MN)
Exhibit 34 Myanmar Crawler Excavator Market by Agriculture 2018–2027 (Unit Sales)
Exhibit 35 Myanmar Crawler Excavator Market by Agriculture 2018–2027 ($ MN)
Exhibit 36 Myanmar Crawler Excavator Market by Forestry 2018–2027 (Unit Sales)
Exhibit 37 Myanmar Crawler Excavator Market by Forestry 2018–2027 ($ MN)
Exhibit 38 Myanmar Crawler Excavator Market by Others 2018–2027 (Unit Sales)
Exhibit 39 Myanmar Crawler Excavator Market by Others 2018–2027 ($ MN)
Exhibit 40 Caterpillar; total sales and revenue by segment 2019 ($ billion)
Exhibit 41 Komatsu; total sales and revenue by segment 2019 (%)
Exhibit 42 HITACHI Construction Machinery; total sales and revenue by segment 2019-2020 (%)
Exhibit 43 Hyundai construction equipment; total sales and revenue by segment 2019-2020 (%)
Exhibit 44 JCB; total sales and revenue by segment 2019-2020 (%)

List Of Tables

LIST OF TABLES

1. INFRASTRUCTURE DEVELOPMENT PROJECTS

2. LIST OF SUPPLYING MARKETS FOR EXCAVATORS IMPORTED BY MYANMAR

3. LIST OF IMPORTING MARKETS FOR EXCAVATORS EXPORTED BY MYANMAR

4. MINING PERMITS BY STATE/REGION (AS OF APRIL 2019)

5. MAJOR INVESTING COUNTRIES (US$ MN)

6. MINING: LARGE-SCALE PERMITS BY DEPOSIT TYPE (MAY 2019)

7. KEY INSIGHTS