A crawler excavator is an earthmoving machine that can dig trenches, load trucks, lift pipe, and handle attachments, such as hydraulic breakers, shears, and grapples. The crawler excavator market in Colombia, in terms of revenue, is expected to grow by 4.9 percent annually through 2028, according to a new report by Gen Consulting Company.

This industry report offers market estimates of the Colombia market, followed by a detailed analysis of the operating weight, horsepower, and end user. The Colombia market data on crawler excavator can be segmented by operating weight: large, medium, small, mini. The mini crawler excavator segment held the largest share of the Colombia crawler excavator market in 2021 and is anticipated to hold its share during the forecast period. Crawler excavator market is further segmented by horsepower: upto 60 HP, 60-100 HP, 101-200 HP, above 201 HP. Based on end user, the crawler excavator market is segmented into: construction, mining, agriculture, forestry, others.

The Colombia crawler excavator market is highly competitive. The crawler excavator market is dominated by key players, which are Caterpillar Inc., Doosan Corporation, Hitachi Construction Machinery Co. Ltd., Hyundai Corporation, JC Bamford Excavators Ltd. (JCB), Komatsu Ltd., Sany Heavy Industry Co. Ltd., Volvo CE.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.

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