Philippines excavators market forecast to 2020: Ken Research - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Philippines excavators market forecast to 2020: Ken Research

Description:

The excavator market in Philippines has witnessed overall high growth from 2010 to 2015, however year 2014 witnessed the decline. – PowerPoint PPT presentation

Number of Views:35

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Philippines excavators market forecast to 2020: Ken Research


1
Philippines Excavators Market Forecast to 2020
Ken Research
2
The report titled Philippines Excavator Market
Forecast to 2020 - Growing Construction
Activities and Demand for Real Estate to Shape
Future Potential provides a comprehensive
analysis of excavator market in the Philippines.
The report covers various aspects such as value
chain analysis, comparative analysis of the
Philippines excavator sales market with China
excavator sales market, overall size of excavator
sales and rental market in the Philippines,
segmentation on the basis of sales and rental
revenues, demand from major cities, demand based
on engine rated power and movement type. The
report also covers snapshot of the Philippines
rental excavator market covering landscape of
rental excavator market, working of contract
agreement, pricing analysis and future outlook
and decision making process to buy or rent in the
Philippines excavator market.
3
  • Going further the report covers growth drivers,
    issues and challenges faced by excavator market
    in the Philippines, strengths and weaknesses of
    major players, their market share by revenue and
    their competitive landscape. The report concludes
    with future projections and analyst
    recommendations and highlights the macroeconomic
    factors affecting the excavator market in the
    Philippines. The report is useful for new players
    entering in the Philippines market,
    infrastructure and real estate firms who wish to
    rent or buy excavators and existing player who
    are in plans to expand or improve their services.
  • Philippines Excavator Market
  •  
  • The excavator market in Philippines has witnessed
    overall high growth from 2010 to 2015, however
    year 2014 witnessed the decline. Excavator use is
    observed to be low in the Philippines compared to
    many developing economies and market is
    undergoing development phase.

4
Entire sales market was dominated by
approximately ten players with major revenue
share of held by two players in 2015. Entire
Philippines excavator market is valued at USD
million recording a CAGR of in 2010-2015.
Major problem associated with excavator market in
the Philippines is absence of any local player or
domestic manufacturing unit. Dependence on import
exposes the industry to external factors which
may affect availability and prices in case of
external shock. Construction and mining sector
are major consumers of excavators and any
positive development in these sectors directly
promotes the rental and sales of excavators. In
recent decade, the government of the Philippines
launched various projects to improve the
neglected infrastructure sector and to ensure
that its economy continues to grow. The
initiative marked the importance as it was
necessary to promote countrys growing services
and manufacturing sector, which are major
consumers of real estate and infrastructure
facilities.
5
Market size by volume for new excavator sales in
the Philippines was nearly units in 2015,
accounting for revenue of approximately USD
million. Rental excavator market in the
Philippines had witnessed presence of few large
players and many small players. Most of major
companies who use excavators in their portfolio
have their head offices in Manila. These
companies place their order through exclusive
dealer of Manila branches accounting for maximum
of sales from Manila constituting nearly of
total excavator sales in the Philippines.
Decision to rent a machine is primarily driven
by availability and rental terms and conditions
including rent. On the basis of operating power,
Excavators with engine rated power in range of
75-150 hp have been recorded to hold the highest
market share of , by value in 2015.
6
Small excavator was in less demand because of
higher price compared to their lifting capacity.
Among crawler type excavator and wheel-based
excavator, crawler type excavators are mostly
used in the Philippines market. The segment
accounted for of total sales in 2015, which
was very higher when compared to global sale of
excavator. Future Outlook With rising demand
for better infrastructure facilities, increased
urbanization, rise of middle class and growth in
services and manufacturing creating demand for
real estate are the major factors driving the
sale and rental of construction machinery
including excavator market. These factors are
expected to have positive growth in future and it
has been anticipated that the market will grow at
a CAGR of during 2016 to 2020 to reach at USD
million in 2020.
7
  • Rental excavator market is expected to grow at
    much higher rate compared to growth in sales in
    2016-2020. There will also be increase in share
    of rental revenue in overall revenue from
    excavator market.
  • Key Topics Covered in the Report
  • Philippines Excavator Market size by Revenue, and
    Sales Volume
  • Philippines Excavator Market Segmentation by Type
    of Excavator, Revenues from Rental and Sales,
    Major Provinces, and by Different hp
  • Introduction and Size for Rental Excavator Market
    in Philippines,
  • How the contract agreement works in Rental of
    Philippines Excavator Market and future outlook?
  • Pricing Analysis for Rental and Sales of
    Excavators in Philippines
  • Decision Making Process for Purchasing and
    Renting Excavator in the Philippines
  • Market Share of Major Players in the Philippines
    Excavators Market by Sales Revenue and Number of
    Units sold

8
Strengths and Weaknesses of Major Players in the
Philippines Excavator Market Growth Drivers and
Trends in the Philippines Excavator Market Issues
and Challenges in the Philippines Excavator
Market. Competitive Landscape of Major Players in
the Philippines Excavators Market Analyst
recommendation Philippines Excavator Market
Future Outlook and Projections,
2016-2020 Macroeconomic Factors affecting
Philippines Excavator Market For more
information on the report scope, list of figures,
tables and methodology, refer to below
link https//www.kenresearch.com/manufacturing-a
nd-construction/machinery-and-parts/philippines-ex
cavator-market-report/42050-97.html Contact Ken
ResearchAnkur Gupta, Head Marketing
Communicationsquery_at_kenresearch.com91-124-42302
04
9
(No Transcript)
About PowerShow.com