Global Amphibious Excavators Market, 2014 – 2020

Published By: Zion Market Research
Amphibious Excavator Market Is Expected to Reach
USD 5.66 Billion by 2020
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Amphibious Excavators Market
Zion Market Research has published a new report titled “Amphibious Excavators
Market for Construction, Mining, and Other Applications: Global Industry
Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020.”According to
the report, the global amphibious excavators market accounted for USD 3.19 Billion in
2014 and is expected to reach USD 5.66 Billion by 2020, growing at a CAGR of around
10.8% between 2015 and 2020.
Excavator is hydraulic equipment that is primarily employed in heavy construction and
mining industries. The amphibious excavator is a special kind of excavator that use to
float as well as does the terrestrial digging activity. The amphibious excavator is mainly
used to dredge the underwater, shallow areas. They are adapted for removing silty
clay, clearing silted trenches, swampland operation, and low water area. They are the
best alternatives to traditional ship-mounted dredgers.
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Amphibious excavators have two main sections, one is house and another one is
undercarriage. The house consists of operator cab, counterweight, engine, fuel and
hydraulic oil tanks. The undercarriage consists of the blade (if fitted), tracks, track
frame, and final drives, which have a hydraulic motor and gearing providing the drive

Amphibious Excavators Market
to the individual tracks. Both the sections are attached to each other through center
pin. High-pressure oil is supplied to the tracks’ hydraulic motors through a hydraulic
swivel at the axis of the pin, allowing the machine to slew at 360° smoothly.
Amphibious excavator market is capital intensive which may be a restraining factor for
the market. Nonetheless, companies focusing on development and of innovative
products are expected to open new avenues for the market.
Construction was the latest application segment of the amphibious excavator market in
2014 owing to the increasing infrastructural activities across the globe. Mining was
another significant segment accounting for over 15% market share in the market in
2014.
The Asia Pacific was the dominant regional segment of the amphibious excavator
market in 2014. It accounted for around 70% of the global amphibious excavator
market. Rising disposable income coupled with government schemes and support for
heavy constructions like roads, bridges, dams, railway platforms, etc. is likely to
contribute to continuing to the Asia Pacific as a fastest growing market for amphibious
excavator market.
Key players in the market include EIK Engineering, MBI Marsh Equipment, L&T
Construction & Mining Machinery, Sany Chemical, TSBC Engineering Sdn. Bhd and
Ultratrex among others. There are a few companies that dominate the market. The key
strategy of companies in this market includes the development of innovative products.

Amphibious Excavators Market
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Tel: +1-386-310-3803 GMT
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)
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