Lucintel's latest market report analyzed that ultra large excavator provides attractive opportunities in the construction, agriculture, mining, road & port construction, and oil & gas construction sectors. The ultra large excavator market is expected to grow with a CAGR of 28%. In this market, construction is the largest segment by application.
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Based on application, the ultra large excavator market is segmented into construction, agriculture, mining, road & port construction, and oil & gas construction. The construction segment accounted for the largest share of the market in 2020.
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The ultra large excavator market is marked by the presence of several big and small players. Some of the prominent players offering ultra large excavator include Caterpillar, Komatsu, Liebherr, Hitachi, John Deere, Kobelco, and others.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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