Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Published Date: Sep 2023 |
Format:
| No. of Pages: 230
Industry: Automotive & Transport | Author Name: Harshad
The global amphibious excavator industry achieved a market size of approximately US$6.2 Bn in 2022. By the end of the forecast year, the market valuation will possibly reach US$14 Bn, projects the report.
The projected value CAGR of the global market for amphibious excavators is 12%, during the period 2023 - 2030.
Asia Pacific holds the largest share of the global amphibious excavator market.
The primary factors projected to drive the amphibious excavator market expansion are the unprecedented increase in construction activities, as well as the growing population and urbanisation.
In 2022, the highway construction category held a significant revenue share in the global market. The medium amphibious excavators segment, by type, constituted a major market share the same year.
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