बाजार अवलोकन

The crawler excavator market in Colombia is projected to be valued at USD 168 million and reach a volume of 1982 units by 2027, exhibiting a compound annual growth rate (सीएजीआर) का 4.39% by volume during the period from 2021 को 2027. The demand for crawler excavators experienced a decline in 2020; however, the introduction of the fifth-generation Public-Private Partnership (PPP) projects in 2021, worth over $5 billion and allocated for 12 railway, road, and highway construction projects, is expected to drive the country’s construction sector. As a result, unit sales of excavators are anticipated to recover from the impact of the pandemic by 2022.

The growth of the Colombia crawler excavator industry will be fueled by increasing investments in road construction, housing projects, and upcoming development initiatives. This, in turn, has intensified competition among excavator manufacturers, leading them to focus on vigorous marketing efforts, emphasizing technologically innovative features and a wide variety of attachments. Medium excavators have accounted for the largest market share of 29.6%, driven by their growing popularity.

The increased demand for crawler excavators in Colombia can also be attributed to investments from developed nations, favorable government policies and foreign direct investments (FDIs), a shift towards local production, and anticipated advancements in the mining, agriculture, and construction machinery industries. Notably, Colombia has aggressive plans to strengthen its infrastructure and intends to invest USD 9.3 billion in developing transport infrastructure, thereby accelerating the demand for heavy equipment in the country.

आगे, the growth of mining industries will be further stimulated by the emergence of new technologies and the utilization of automation in excavators. These factors collectively contribute to the overall growth and development of the crawler excavator market in Colombia.

बाजार विभाजन

बाज़ार को विभिन्न कारकों के आधार पर विभाजित किया गया है, including type, gross power, and application.

Segmentation by Type
Mini (less than 6 tons)
Small (6-15 tons)
मध्यम (15-30 tons)
Large (above 30 tons)

Segmentation by Gross Power
Less than 60 HP
61-101 HP
102-200 HP
Greater than 201 HP

अनुप्रयोग द्वारा विभाजन
निर्माण
Mining
कृषि
Forestry
अन्य

The long-term growth of the mini excavator market is expected due to the increasing demand for technologically advanced and compact excavators. In Colombia, the mini crawler excavator industry is anticipated to reach 539 units by 2027. These mini excavators find extensive use across various construction fields, including roadworks, municipal projects, pipeline networks, gardening, and water conservancy, often combined with the utilization of multiple attachments. Their small size and lightweight nature make them easily transportable and enable operation in confined spaces.

The rise in construction activities in Colombia will be primarily driven by government infrastructure development plans. It is projected that Colombia’s crawler excavator market for construction purposes will reach 877 units by 2027. The growth of the construction industry plays a significant role in driving the country’s GDP, and the implementation of government infrastructure development plans will serve as a crucial catalyst for increased construction.

इसके अतिरिक्त, Colombia’s gross Power >201 HP segment within the crawler excavator industry is expected to reach 716 units by 2027, with a compound annual growth rate (सीएजीआर) का 4.56%. The demand for such excavators is predominantly fueled by mining activities, which are anticipated to experience notable growth in the near future.

प्रतिस्पर्धी परिदृश्य

The top players in the crawler excavator market in Colombia include Caterpillar, Komatsu, Hitachi, Hyundai Construction Equipment, SANY, Volvo Construction Equipment, Doosan Heavy Industries & निर्माण, Kobelco, and JCB. John Deere has introduced Smart Grade technology in their 10G LC and 350G LC excavators. Hitachi primarily specializes in hydraulic excavators and offers a diverse range of models, including medium and micro excavators. इसके अतिरिक्त, the company provides various grade management solutions such as Smart Grade, Smart Grade-Ready with 2D, and 3D Grade Guidance.

मुख्य प्रश्नों के उत्तर दिये गये

What is the projected market size of the crawler excavator market in Colombia for the period 2021-2027?

The crawler excavator market in Colombia is projected to reach USD 168 million during the period of 2021-2027.

What is the expected compound annual growth rate (सीएजीआर) for the Colombia crawler excavator market in the forecast period (2021-2027)?

The Colombia crawler excavator market is expected to grow at a CAGR of 4.39% पूर्वानुमान अवधि के दौरान (2021-2027).

Which segments are covered in the Colombia crawler excavator market report?

The Colombia crawler excavator market report covers segments such as excavator type and operating weight, आवेदन, and gross power output.

Who are the leading players in the crawler excavator market in Colombia?

The top players in the crawler excavator market in Colombia include Caterpillar, Komatsu, Hitachi, Hyundai Construction Equipment, SANY, Volvo Construction Equipment, Doosan Heavy Industries & निर्माण, Kobelco, and JCB.

What are some of the recent technologies adopted in the crawler excavator market in Colombia?

The adoption of automation in the crawler excavator market has gained significant traction in Colombia.

What are the key factors driving the growth of the crawler excavator market in Colombia?

The key factors driving the growth of the crawler excavator market in Colombia are innovation and advancements in technologies.