MRO Magazine

Research and Markets: Earthmoving Equipment Market in Italy 2015-2019 with Ihimer Group, Komatsu Italia Manufacturing, Kubota Europe & Scaip Srl Dominating


November 6, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/nmgpbk/earthmoving) has announced the addition of the “Earthmoving Equipment Market in Italy 2015-2019” report to their offering.

The earthmoving equipment market in Italy to grow at a CAGR of 5.19% during 2014-2019.

Earthmoving Equipment Market in Italy 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Construction companies, especially SMEs, face budgetary constraints and cannot buy earthmoving equipment. This has led to the significant growth of the rental business for earthmoving and other construction equipment in Italy. Equipment can now be leased on a daily or yearly basis.

According to the report, construction companies in Italy are replacing outdated and older construction equipment with new equipment that is fuel efficient and high performing. In April 2015, Gehl launched three new mid-framed R series radial lift skid-steer loaders with enhanced features like a new operator station with an integrated digital display and a new load arm designed for increased visibility.

Further, the report states that Equipment manufacturers need to cope with the changing customer needs brought about by developments in the construction industry. Construction companies are investing in cost-effective earthmoving equipment, and to minimize machine idle time and make the most of their investments, they are opting for customized equipment.

The report includes the present scenario and the growth prospects of the earthmoving equipment market in Italy for 2015-2019. The market can be divided into the following segments:

  • Construction tractors: bulldozers and wheeled tractors
  • Excavators: crawler/wheeled excavators and mini excavators
  • Loaders: backhoe loaders, crawler loaders, and skid-steer loaders

Key vendors

  • Ihimer Group
  • Komatsu Italia Manufacturing
  • Kubota Europe
  • Scaip Srl

Other prominent vendors

  • Gehl
  • Hitachi Construction Machinery
  • JCB
  • Leibherr Group
  • Volvo

For more information visit http://www.researchandmarkets.com/research/nmgpbk/earthmoving

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Excavation and Earthmoving Equipment