Middle East & Africa Excavator Market Outlook, 2025

Middle East & Africa Excavator Market Outlook, 2025

Bonafide Research 24-08-2020 88 Pages Figures : 42 Tables : 6
Region : MEA Category : Manufacturing & Industry Machinery, Parts & Equipment

1. Caterpillar Private Limited

2. Hitachi Construction Machinery Co. Ltd

3. J C Bamford Excavators Ltd

4. Liebherr

5. Sany


The Middle East surrounded by the Southern and Eastern shores of the Mediterranean Sea, and Africa is the second largest continent in the world both by area and population, covering 6% of the total earth's surface made up of 48 countries and 6 islands. The region has experienced in making the most of its investment in the infrastructure industry. Even though the region is attracting investments, the maintenance and the spreading is quite uneven. The policymakers need to concentrate on identifying the large difference in the conditions across the regions in terms of infrastructure development living standards, and the participation of the private sector. The gap in infrastructure and the maintenance needs across the region is huge along with the developing oil exports, the need for excavators and heavy types of machinery is increasing. This is expected to support the overall region’s excavator market in the forecasted period.
The publication of the report named ‘Middle East & Africa Excavator Market Outlook’ by Bonafide Research shows an in-detailed analysis of the market and also provides a clear view of the market changes that are likely to take place in the forecasted period. The report also suggests the challenges and trends that can be expected to be encountered in the market. The excavator market in the region is expected to grow with more than 6% CAGR in the forecasted. The growth regression supports the conclusion that the returns to the infrastructure have been lower in the Middle East and Africa region than in developing countries as a whole.
The governments have been making an effort to decrease the gap, by building more advanced infrastructure and supporting the construction industry with subsidiaries and financial backup.
Even though the need for better housing supports the excavator demand, the economic shortage in the under developing countries acts as a market hindrance. The Middle East & Africa market has witnessed fair competition among both the segments of excavators, with just a fluctuating marginal difference in contribution. The Middle East & Africa Excavator market has seen the most benefaction from the crawler excavator segment. The dominating segment has been slowly losing its share with the new types of excavators coming up in the market. Individually a colossal market share is held by the UAE market, followed by South Africa. Both these countries have shown development in the infrastructure and the demand for better housings and more commercial buildings.

Caterpillar, Hitachi Constructions, JCB, Liebherr, Sany, Terex.

• Geography: Middle East & Africa
• Base year: 2018-19
• Historical year: 2013-14
• Estimated year: 2019-20
• Forecasted year: 2024-25

• Saudi Arabia
• Qatar
• South Africa
• Rest Of Middle East & Africa
The report also covers the major countries in the region with a clear comparison of the past performance and the estimated growth of the market in the forecasted period. Also, the market is studied in detail with respect to the different types of the excavators and its purposes regionally.

• Market Size By Value for the time period (2014-2019)
• Market Size By Value for the time period (2020-2025)
• Market Share by Application (2019 & 2025)
• Market Share by Machine Type (2019 & 2025)
• Market Share by Country (2019 & 2025)

We keep an eye on evolving markets and try to evaluate the potentials in the product and services. If we found the market interesting, we start working on it and create the desired table of content considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personals, company owners, dealers, distributors & end-users. Once the questionnaires have been finalized, we start collecting the primary data (majorly through phone calls) and try to understand the market dynamics with regional/tier wise. This process gives us in-depth detail of the market including all present companies, the top-performing product with reasons why they dominate; we get the details of new players and their innovative approach and market trends, dynamics, and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. By this, we get a rough estimate of the market and start checking existing product price variant, trade, production, raw material scenario, policies and regulatory landscape, etc. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but giving more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validates the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in strategic recommendations’ for new as well as the existing players. The QC team then checks the overall report that includes spell check, data verification and makes the same dispatch ready and error-free.

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the construction machinery and excavator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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