The Excavators industry experienced strong declines during the recession because of the depressed housing market and low investment in the nonresidential construction market. Revenue will pick up over the next five years, in light of improving downstream demand. The extent of the slump in the downstream building markets has hit most contractors hard, but housing starts will be strong enough to make up for these declines.
This industry primarily excavates land for building construction. Activities include drilling shafts, foundation digging and drilling and grading. The excavation work performed includes new work, additions, alterations and repairs.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.