Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Myanmar Crawler Excavator Market Size by Volume to Reach 537 Units by 2027 - Arizton

This image opens in the lightbox

News provided by

Arizton Advisory & Intelligence

12 Aug, 2021, 18:00 GMT

Share this article

Share toX

Share this article

Share toX

CHICAGO, Aug. 12, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Myanmar crawler excavator market report.

The Myanmar crawler excavator market is expected to grow at a CAGR of over 7.57% during the period 2021−2027.

Key Highlights Offered in the Report:  

  1. The market value is expected to reach USD 53.5 million by 2027, growing at a CAGR of 7.68% during the forecast period.
  2. Myanmar is the biggest country in mainland Southeast Asia, with direct access to China, India, ASEAN, and other foreign markets via ports along the Bay of Bengal and Andaman Sea, in addition to its local market of more than 50 million people.
  3. The Myanmar government is prioritizing the establishment of efficient national and international supply chains for future economic growth, particularly in terms of power infrastructure, road, rail, air, and ports, after decades of international isolation prevented the modernization and expansion of infrastructural networks.
  4. Over the forecast period, the government's continued investment in transportation infrastructure, energy, and residential projects through flagship programs such as the National Education Strategic Plan (NESP), National Electrification Plan (NEP) and the Million Homes Plan is expected to drive the industry's growth.
  5. Myanmar relies on import of crawler excavators majorly from China, Japan, and Korea. Since no brands are produced domestically, distributors or dealers import a range of new and used crawler excavators to deliver a variety of machineries and brands.
  6. Myanmar's economy is still suffering from the COVID-19 epidemic, with growth expected to fall to 1.7 percent in FY19/20, down from 6.8 percent the year before. Consumption and investment have been harmed by the epidemic, which has also affected company operations and the supply of workers and materials.
  7. Although the global COVID-19 outbreak has had a limited impact on Myanmar, the country's reliance on international trade, including border trade with neighboring countries, investment, and technology, means it will face near- and medium-term economic challenges, including the implementation of the Belt and Road Initiative and the China–Myanmar Economic Corridor (CMEC).
  8. The Myanmar authorities released the "Overcoming as One: COVID-19 Economic Relief Plan" (CERP) which diagnosed a set of policy measures to sell funding from domestic and overseas buyers which might allow enlargement of monetary activities.
  9. Easing of the permits, approvals, and licenses, helping PPP version for short and essential infrastructure initiatives, are a number of the moves that might returned the financial system on the track.

Key Offerings:

  • Market Size & Forecast by Revenue | 2021−2027
  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by excavator type and operating weight, application, and gross power output
  • Competitive Landscape – 9 key vendors and 6 other vendors

Get your sample today! https://www.arizton.com/market-reports/myanmar-crawler-excavator-market-opportunities-assessment-forecast

Myanmar Crawler Excavator Market – Segmentation

  • Small excavators vary in size and capacity for various applications. The power output of these excavators can range from less than 60HP to more than 200HP. Thus, Myanmar's small crawler excavator market is expected to reach USD 9.2 million by 2027, growing at a CAGR of 8.17%.
  • Myanmar's crawler excavator market by construction is expected to reach 357 units by 2027. The market by construction accounts for 61.1% of the overall crawler excavator market in 2020.
  • Myanmar's <60HP crawler excavators are largely used for landscaping, excavating, demolishing, and material handling in cities and farms. Thus, such projects will drive up the demand for these excavators.

Myanmar Crawler Excavator Market by Excavator Type and Operating Weight

  • Mini (>6 tons)
  • Small (6-15 tons)
  • Medium (15-30 tons)
  • Large (above 30 tons)

Myanmar Crawler Excavator Market by Application

  • Construction
  • Mining
  • Agriculture
  • Forestry
  • Others

Myanmar Crawler Excavator Market by Gross Power Output

  • 61-101 HP
  • 102-200 HP
  • >201 HP

Myanmar Crawler Excavator Market – Dynamics

The National Transportation Master Plan (NTMP) lays out a mid- and long-term transportation strategy that includes 36 north-south and 45 east-west highway projects across seven regions and seven states. In terms of investment, the government intends to devote MMK28 trillion ($21.4 billion) on road, rail, port, and aviation projects between now and 2030. Targets include $11.7 billion for road improvements, $6.6 billion for railway expansion, and $8.5 billion for inland water, marine, and airport projects, all with the goal of developing efficient, modern, and ecologically friendly systems. The plan has dedicated 87% of anticipated capital formation between 2014 and 2020 to putting in large city-to-city expressway systems, making rail and highway enhancements the most essential near-term goal.

Key Drivers and Trends fueling Market Growth:

  • Myanmar permits local and foreign investment in mining
  • Myanmar, a promising investment destination
  • High sensitivity of end-users to global and regional economic conditions
  • Government's changing monetary & fiscal policies impacts crawler excavator demand

Get your sample today! https://www.arizton.com/market-reports/myanmar-crawler-excavator-market-opportunities-assessment-forecast

Major Vendors

  • Caterpillar
  • Komatsu
  • Hitachi
  • Hyundai
  • Doosan
  • Volvo
  • JCB
  • Sany
  • Kobelco

 Other Prominent Vendors

  • Kubota
  • Sumitomo
  • Ingersoll Rand
  • Liebherr
  • XCMG
  • LeeBoy 

Explore our industrial machinery profile to know more about the industry.

Read some of the top-selling reports:

  • Indonesia Crawler Excavator Market - Strategic Assessment & Forecast 2021-2027
  • India Crawler Excavator Market – Strategic Assessment & Forecast 2021-2027
  • Japan Crawler Excavator Market - Strategic Assessment & Forecast 2021-2027
  • Vietnam Crawler Excavator Market - Strategic Assessment & Forecast 2021-2027

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com

Call: +1-312-235-2040

          +1 302 469 0707

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.