Indonesia Crawler Excavator Market Report 2021: Strategic Assessment and Forecast 2018-2027

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DUBLIN, June 30, 2021 / PRNewswire / – The report “Indonesia Crawler Excavator Market – Strategic Assessment & Forecast 2021-2027” has been added to ResearchAndMarkets.com offer.

In-depth analysis and data-driven insights into the impact of COVID-19 included in this Indonesia Crawler Excavator Market report

Indonesia The Crawler Excavator Market is expected to reach a CAGR of 6.55% during the period 2018-2027

The growing demand for crawler excavators is attributed to investments from developed countries, favorable government policies and FDI, the refocus on domestic manufacturing and upcoming industrial developments in mining and construction industries are the main drivers of the market.

The report examines the current scenario of the Indonesia crawler excavator market in Indonesia and its market dynamics for the forecast period 2021-2027. It covers a detailed overview of several growth factors, restraints and market trends. The study includes the volume and value of sales with an analysis of the segments of the Indonesia crawler excavator market.

HIGHLIGHTS OF THE REPORT

  • Manufacturers are making operational advancements in their hydraulic excavator motors, hydraulic systems, structures, tracks and cabin construction to improve fuel efficiency and competitiveness.
  • Due to intense competition in technology and design, hydraulic excavator manufacturers market their devices with a vigorous focus on technologically innovative features and a wide variety of accessories.
  • OEMs are focusing on integrating sensor solutions for driver assistance and reducing equipment downtime, which would reduce additional costs. Thus, in the years to come, these critical operational factors are expected to play a decisive role in optimizing demand and sales.
  • indonesia The market for crawler excavators by agriculture is expected to reach 1,493 units by 2027.
  • The overall impact on the import of components will result in local establishments of spare parts / components installations to overcome future uncertainties related to supply chain disruptions in scenarios such as COVID.

INDONESIA TRACKED EXCAVATOR MARKET – VENDOR LANDSCAPE

Komatsu, Hitachi, Caterpillar and Kobelco are the leading heavy equipment manufacturers in the Indonesian crawler excavator market.

Some Japanese manufacturers are also considering moving their activities to Indonesia, which will lead to increased competition in the Indonesia crawler excavator market. Caterpillar strategizes to deliver high quality electrical systems and machinery with a focus on implementing flawless initiatives across the business. Volvo distributes its construction machinery in Indonesia via PT Indotruck Utama.

Main suppliers

Other important suppliers

  • Sumitomo construction machinery
  • Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
  • Leeboy
  • Kubota machines
  • Ingersoll Rand
  • Liebherr Group

For more information on this report, visit https://www.researchandmarkets.com/r/p11e0b

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SOURCE Research and Markets

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