QYResearch: The global market for Trencher is expected to reach about 1361 Units by 2021

QYResearch: The global market for Trencher is expected to reach about 1361 Units by 2021 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch A trencher is a piece of construction equipment used to dig trenches, especially for laying pipes or cables, for installing drainage, or in preparation for trench warfare. Trenchers may range in size from walk-behind models, to attachments for a skid loader or tractor, to very heavy tracked heavy equipment.

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QYResearch First, the trencher industry concentration is high. North America is the biggest producer and consumer of trencher. There are no more than fifty manufacturers in the world, and high-end products mainly come from USA and European.

In the world wide, giant manufactures mainly distribute in Europe and America. American and Europe has a long history and unshakable status in this industry, like Ditch Witch, Vermeer and Tesmec. They have perfect products.

Second, According to QYResearch, the global trencher production will increase to 7830 units in 2017, from 7607 units in 2016, it is estimated that the global trencher demand will develop with an average growth rate of about 2.75% in the coming five years. All manufactures in the world are committed to the improvement of product. So the production of trencher will increase slowly, and will attend 8968 units in 2022. www.qyresearch.com

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Third, the import and export percent of this industry is high. Also, some foreign companies are willing to set plants in China due to its low labor price and more opportunities.

Fourth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes. Many countries adopted a policy of government subsidies in agriculture and the land intensification is more and more important, so the need of trencher will increase.

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QYResearch Fifth, QYR tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. What’s more, the share of Chinese country will increase.

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