Amphibious Excavator Market Will Reach Usd 5.66 Billion by 2020: Zion Market Research

Published By:Zion Market Research

Global Amphibious Excavators Market: Industry Size,
Share, Trends Analysis and Forecast, 2014 – 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.
Excavators can be employed in numerous application such as digging of trenches, holes,
foundations, material handling, forestry work, demolition, mining, river dredging, drilling shafts
for footings and rock blasting, snow removal with snowplow and snow blower attachments.
Amphibious excavators are excavator that use to float as well as does terrestrial digging activity
and are adapted for removing silty clay, clearing silted trenches, swampland operation and low
water area.

Amphibious Excavators Market
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Adoption of latest trends in the construction industry is also another major driving factor that is
projected to demand of amphibious excavator throughout the years to come. Another major
driving factor for the amphibious excavator market include the government schemes and
support for heavy constructions like roads, bridges, dams, railway platforms, etc.
Construction was the largest application segment of the amphibious excavator market in 2014
owing to the increasing infrastructural activities across the globe. This market is supposed to
grow with...