Amphibious Excavator Market To Garner Revenue Worth US$ 5.66 Bn by 2020

20-Aug-2018 | Zion Market Research

With the presence of a large pool of participants, the Global amphibious excavator market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). TSBC Engineering Sdn. Bhd, MBI, EIK Engineering, Ultratrex, Marsh Equipment, Sany Company, and L&T Construction & Mining Machinery are some of the key vendors of amphibious excavator across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the amphibious excavator market study.

Citing an instance, on June 16, 2017, China-based manufacturer XCMG introduced XE215S, its first locally developed amphibious excavator. Reportedly, the new product is expected to operate on boggy terrains, beach, and soft soil. The company sources have revealed that the new product will help in resolving the recurring problems such as short life cycle, high energy consumption, and wear & tear issues that have impacted amphioxus excavator production in the last few years.

This review is based on a report by Zion Market Research, titled "Amphibious Excavators Market for Construction, Mining, and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020"- Report at

Global Amphibious Excavator Market

As estimated in this report, the global amphibious excavator market was estimated at US$ 3.19 billion in 2014. Witnessing a tremendous rise during the period from 2014 to 2020, the revenue in this market is expected to reach US$ 5.66 billion by the end of the forecast period. The product finds extensive applications in construction & mining activities. Construction sector is anticipated to drive the application landscape over the next few years, notes the research report.

Tremendous Rise In Construction Activities To Accelerate Market Growth

“Massive applications in terrestrial digging activities, mining, material handling, river dredging, and forestry work are expected to generate commendable gains for amphibious excavator market over the years to come,” says the author of this study. Apart from this, introduction of new schemes by the government along with its assistance for construction of roads, dams & bridges, and railway platforms is likely to propel the market growth in the near future. Government motive to boost globalization as well as urbanization has resulted in expansion of the construction activities across the globe, thereby generating a profitable roadmap for amphibious excavator market.

Proliferating product application in digging of trenches & holes, river dredging, snow removal with plow, removing silty clay, and drilling shafts for footings & rock blasting is anticipated to further boost the amphibious excavator market trends.

Favorable Government Policies To Help APAC Dominate Regional Landscape

Geographically, Asia Pacific has been dominating the worldwide amphibious excavator market and is anticipated to continue its domination in the years to come, states the amphibious excavator market study. The rising disposable incomes, government initiatives, and prolific increase in the activities such as construction of roadways, dams & bridges, and rail platforms are the key driving factors of the Asia Pacific amphibious excavator market. For the record, in 2014, Asia Pacific accounted for nearly 70% of global amphibious excavator market share. Reportedly, North America was the second biggest regional market for amphibious excavators during the same year.

The global Amphibious Excavator market is segmented as follows:

By Application

  • Construction
  • Mining
  • Others (Maintenance & cleaning of rivers, lakes, shorelines, etc)

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed