Trencher Market

Trencher Market - Size, Share,
Outlook and Opportunity Analysis,
2018 – 2026
Trenchers or ditchers are also known as excavators, as they penetrate the earth, break
soil and rocks, and remove debris from the ground. Trenchers are a vital construction
equipment that assist in digging trenches, laying pipes or electrical cables, installing
drainage systems or preparing trenches for warfare. Trenchers may range in sizes and
use various digging equipment, depending on the required depth and width of the trench
and the hardness of the surface to be cut. Wheel trenchers, chain trenchers, micro
trencher, portable trencher, and tractor mounted trencher are some of the types of
trenchers. Wheel trenchers are cheaper than chain trenchers. The attached drives help
to maintain speed at optimum levels and facilitate work at faster rate.
Availability of Wide Variety and Rising Applications of Trencher is Expected to
Drive Growth of the Trencher Market
Trenchers have a wide variety of application, which is a major factor that contributes to
growth of the global trencher market. For instance, trenchers can assist in irrigation,
drainage, plumbing, and other such activities. Selecting the right type of trencher for the
aforementioned applications makes these tasks simple, easy, and faster. Trenchers
have evolved to meet versatile requirements with novel features and types.
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Growing environmental concerns such as ground level alteration due to digging and
other activities is expected to major factor driving growth of the trenchers market.
Furthermore, trenchers with rubber tracks offer perfect traction in soft, rocky or muddy
condition with minimal topographic alteration. Trenchers also minimize turf damage and
improve the stability of self-leveling tracks that distribute weight evenly.
Decline in Growth of the Mining Industry is Hindering Growth of the Global
Trenchers Market
One of the major factors that restrains growth of the global trencher market is the
downfall of the mining industries as trenchers are employed mostly in mining industries.
Mining industries have to face different challenges and environmental risks throughout
the mining cycle including groundwork, handling hazardous substances, and waste
disposal, which are required to be addressed in order to find an amicable solution. The
risks faced by the employees in the mining industry such as mining accidents occur
during the process of mining minerals. Around thousands of miners die due to mining
accidents each year, especially from underground coal mining. Moreover, leakage of
poisonous gases such as hydrogen sulfide or explosive natural gases due to improper
procedures followed while digging mines also leads to mining accidents. According to
the data released by US Department of Labor in January 2018, mining deaths in the US
alone totaled 28 during 2017. Furthermore, a report released by the Center for Disease
Control & Prevention (released in 2016), mining related injuries to employees across the
world was 4,517 in 2015.
Regional Analysis of the Global Trencher Market
On the basis of region, the global trencher market is segmented into North America,
Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to be the largest market in the trenchers market over the
forecast period. The U.S. has been producing oil since 1850’s and gas since 1820’s,
respectively. According to Coherent Market Insights, in 2017, the U.S. produced 567.2
million metric tons of oil and 767.3 billion cubic meters of natural gas. As of 2017, it had
the world’s ninth-largest oil reserves and fifth largest natural gas reserves. Moreover,
the U.S. is the world’s largest oil consuming nation and natural gas consuming nation,
consuming around 851.6 million metric tons of oil in 2017 and 27.5 trillion cubic feet of
natural gas in 2017. Such increasing consumption and production of natural gas and oil
in the U.S., leads to high demand for trenchers, which in turn propels growth of the
market.
Key players in the Global Trencher Market
Key players operating in the global trenchers market include, Aardvark Equipment Ltd.,
Astec Industries, Inc., Bobcat Company, Ditch Witch, Vermeer Corporation, Wolfe
Equipment, EZ-Trench, LLC, The Toro Company, Mastenbroek Limited, and Guntert &
Zimmerman Const. Div., Inc.
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The research report on Trencher Market is segmented, by Product Type, by Technology, by End User, by Application and by Region - Size, Share, Outlook and Opportunity Analysis, 2018 – 2026

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