Excavator Market
Excavator Market Analysis by Wheeled and Crawlers for Construction, Forestry & Agriculture, Mining, and Rental from 2023 to 2033
Analysis of Excavator Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Excavator Market Outlook (2023 to 2033)
Expanding at a CAGR of 5.5%, the global excavator market size is projected to increase from a value of US$ 74.27 billion in 2023 and reach US$ 126.86 billion by the end of 2033.
An excavator is a type of heavy equipment used in the construction industry to excavate the soil or on a construction site. An excavator is also known as a digger or hydraulic excavator. Excavators are also used in other industrial sectors such as agriculture & forestry, and mining. A common design of excavators consists of a bucket, a boom, a cab or house, and a dipper, and the whole machine usually works on hydraulic forces.
Based on the length of the boom, size of the bucket, and operational speed, excavators can be divided into different types such as mini or compact, medium, standard, and heavy excavators. Other types of excavators that are commonly used in various industrial applications are crawler excavators, long-reach excavators, dragline excavators, and suction excavators.
- Wheeled excavators contributed to a significant portion of market revenue, accounting for 72.6% market share in 2022.
Wheeled excavators excel in swiftly and safely moving substantial debris quantities. Their exceptional mobility is predicted to boost their demand, fueled by growing requirements from various industries. Furthermore, the surge in investments in housing and infrastructure projects is also forecasted to boost the demand for excavators in the coming decade.
- During the next 10 years, demand for crawler excavators is projected to increase at a CAGR of 5.7%. This demand growth can be attributed to their lightweight undercarriages, which enable seamless mobility between different work locations and enhance stability, ultimately leading to faster task completion.
- Technological advancements such as the incorporation of more potent air-to-water intercooler engines, are also predicted to boost crawler excavator sales.
Key Market Developments
- Deere & Co. a leading American manufacturer of construction equipment, recently entered a supplier partnership with Wacker Neuson a German supplier and distributor of construction equipment. The partnership aims to provide compact excavators in Asia Pacific excavator markets such as China, Oceania, and Southeast Asia.
- Caterpillar Inc., the world’s leading player in the excavator market, recently announced that the incorporation of its latest Cat Connect Technology in the design of its three new Next Generation 20-ton size class excavators-the 320 GC, 320, and 323-has resulted in enhanced efficiency, productivity, and reduced operating cost of excavators.
- Volvo Construction Equipment and Services, Inc. recently announced that, with the use of cable-connected and dual-powered, 70-ton excavator prototype - EX1 in its 'Electric Site' research project, the company reduced carbon emissions by 98%, energy costs by 70%, and operational cost by 40%. The company carried out this experiment with its customer Skanska AB, a Swedish construction and development company.
| Report Attributes | Details |
|---|---|
| Excavator Market Size (2023E) | US$ 74.27 Billion |
| Forecasted Market Value (2033F) | US$ 126.86 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.5% CAGR |
| Leading Regional Market | Asia Pacific |
| Market Share of Wheeled Excavators (2022) | 72.6% |
| Key Companies Profiled |
|
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Why are Sales of Modern Excavators Increasing Steadily?
“Integration of Telematics, GPS, and IoT Technologies Advancing Excavator Performance”
The market for excavators is witnessing a profound transformation driven by a wave of technological advancements. Some of the key advancements are the integration of telematics, GPS (Global Positioning System), and IoT (Internet of Things) technologies, which collectively hold the potential to revolutionize the sector.
Telematics, a fusion of telecommunications and informatics, involves the use of advanced sensors and communication systems to collect and transmit data in real time. In the excavator industry, telematics solutions are integrated into machines to monitor their performance, fuel efficiency, and location.
Incorporation of GPS technology in excavators enables precise positioning and navigation capabilities. GPS-equipped excavators can follow predefined excavation plans with high accuracy, minimizing over-digging and ensuring work is carried out exactly as specified. GPS also allows for efficient coordination between excavators and other construction equipment, optimizing the flow of materials on job sites.
IoT connectivity has the potential to transform excavators into intelligent, data-driven machines. IoT-equipped excavators generate a wealth of data that can be analyzed to identify trends, predict maintenance needs, and optimize performance.
Integration of telematics, GPS, and IoT technologies in excavators represents a significant leap forward for the industry. These innovations not only enhance machine efficiency but also contribute to sustainability and safety. Reduced downtime, improved fuel efficiency, and precise excavation capabilities benefit construction companies by increasing productivity and reducing operating costs.
“Emergence of Electric and Hybrid Excavators to Mitigate Environmental Impact”
Construction and heavy machinery industry is undergoing significant development due to the growing environmental concerns and the need for more sustainable practices. In this context, electric and hybrid excavators are emerging as promising solutions to mitigate the industry's environmental impact while offering a range of operational advantages.
The foremost driver behind the adoption of electric and hybrid excavators is the increasing global concern over environmental sustainability. As emissions from fossil fuel-powered machinery contribute to air pollution and climate change, construction companies, respective governments, and industry stakeholders are increasingly focusing on reducing the carbon footprint of construction and excavation operations.
Electric and hybrid excavators, when compared to their conventional diesel counterparts, offer a dramatic reduction in emissions. By utilizing electric motors or a combination of electric and internal combustion engines, these excavators produce significantly lower levels of harmful pollutants such as nitrogen oxides (NOx) and particulate matter (PM).
- Electric excavators are quieter than their diesel counterparts, contributing to reduced noise pollution on construction sites.
- The advancement of battery technology is also playing a pivotal role in making electric and hybrid excavators more practical. Lithium-ion batteries, in particular, offer higher energy density, longer life spans, and faster charging times, making them suitable for heavy-duty construction equipment.
“Stringent Emission Regulations and Safety Standards Pushing Excavator Manufacturers to Innovate”
A majority of excavators used in various industrial sectors use diesel as fuel. To limit the air pollution caused due to heavy equipment with ignition engines, such as excavators, various governing bodies have incorporated stringent emission regulations, which all the players in the excavator industry need to conform to.
- The United States Environmental Protection Agency (EPA) has developed Tier 4 emission standards, certification requirements, and other compliance provisions for manufacturers in the excavator market.
- In addition, non-road mobile machinery emission regulations developed by the European Commission and Regulation (EU) 2016/1628 require excavator manufacturers to modify their manufacturing strategies, which may add to the total manufacturing costs.
Thus, the imposition of stringent laws and quality standards is influencing the product and business strategy of excavator manufacturers.
What Can Hamper the Sales Growth of Excavators to Some Extent?
“High Initial Investment and Maintenance Cost of Excavators”
While excavators offer essential capabilities for construction and excavation projects, the substantial initial investment required to purchase these machines can pose significant challenges, particularly for smaller construction companies
The primary concern for smaller construction companies is the financial burden associated with purchasing excavators. These machines represent a considerable capital expense, and acquiring them can strain the company's financial resources. Smaller end-use organizations may find it challenging to allocate a substantial portion of their budget to acquire equipment, potentially limiting their ability to invest in other critical areas of their business.
- Beyond the initial investment, owning and operating an excavator entails ongoing costs, including maintenance, fuel, insurance, and repairs. Smaller companies may find it challenging to budget for these expenses, particularly if unexpected repair costs arise.
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How Can New Companies Succeed in the Market for Excavators?
“Product Innovation and Niche Marketing Profitable Moves for Start-ups”
Entering the excavator market as a newcomer can be challenging due to established competition and high barriers to entry. However, several strategies can aid newcomers in earning more and establishing a foothold in the industry.
New companies can stand out by offering innovative features, designs, or technologies that address specific market needs or provide unique advantages over existing excavators. This could include improved fuel efficiency, reduced emissions, enhanced operator comfort, or specialized attachments for niche applications.
New market entrants can also focus on niche markets or specific applications where there may be less competition. For example, specialize in excavators designed for landscaping, forestry, or urban construction, catering to the unique requirements of these segments. Start-ups can also build a strong brand identity and marketing strategy to create awareness and trust among potential customers.
Country-wise Analysis
Across Japan, the United States, and Germany, the common denominator for excavator sales growth is robust construction and infrastructure development activities. The need for excavation equipment is driven by the demands of these projects.
Government investments in infrastructure and urban development projects are significant catalysts for the excavator demand growth, particularly in the United States and Japan.
Why are Sales of Excavators Increasing in Japan?
“Advanced Japanese Excavators Gaining Traction”
Japanese manufacturers, known for their innovation, are at the forefront of developing advanced excavators. The incorporation of cutting-edge technologies, including electric and hybrid excavators, is spurring interest in upgrading fleets, boosting the Japanese market growth.
Japan also has strict emissions regulations, pushing companies to replace older, polluting excavators with more eco-friendly models. This compliance requirement is driving the adoption of cleaner and more efficient machines.
Why is the United States a Profitable Market for Excavator Manufacturers?
“Construction Boom and Infrastructural Investments by Government”
The United States market is experiencing a construction and infrastructure development boom, driven by population growth and urbanization. This surge in construction activities is leading to a high demand for excavators for various projects, from residential to commercial.
Government initiatives, such as the Infrastructure Investment and Jobs Act, involve significant investments in infrastructure improvement and modernization. These projects require excavators for tasks such as road construction and bridge repairs.
What’s Driving Sales of Excavators in Germany?
“German Excavator Manufacturers Enjoying Lucrative Export Opportunities”
German excavator manufacturers are benefiting from a robust export market. The country's reputation for engineering excellence and high-quality construction machinery is leading to a strong demand for German excavators globally.
The renewal and revitalization of urban areas in Germany require excavation for various construction and infrastructure projects. Aging cityscapes, coupled with environmental concerns, are driving the need for modern excavators.
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Category-wise Analysis
High demand for electric drive excavators is primarily driven by environmental concerns, emissions regulations, and cost savings.
According to Fact.MR, a market research and competitive intelligence provider, as the construction industry continues to prioritize sustainability and efficiency, the adoption of electric excavators is predicted to grow even further in the coming years.
Why are Electric Excavators Gaining Momentum?
“Environmental Concerns Driving Demand for Electric Drive Excavators”
- Electric drive excavator demand is foreseen to increase at a robust CAGR of 14.5% during the next 10 years. This growth is primarily driven by the rising demand for compact excavators.
Several countries, including China and India, are taking decisive steps to achieve net-zero emissions, thereby boosting the demand for electric excavators. Moreover, the shift towards electrifying drivetrains as a means to curb carbon emissions is expected to further stimulate product sales.
Competitive Landscape
Leading excavator companies are placing significant emphasis on the advancement of their product lines. They are integrating state-of-the-art technologies such as the Internet of Things (IoT), Machine Learning (ML), and automation into their offerings. Additionally, key market players are actively pursuing expansion, mergers, acquisitions, and other tactics to optimize their revenue streams.
In their commitment to environmental responsibility and compliance with emission standards, excavator manufacturers are also employing inventive strategies to minimize their carbon footprint.
- In March 2023, Tata Hitachi unveiled their latest mining excavator, the ZX670H. This machine is engineered to deliver exceptional durability, comfort, and safety while keeping operating costs at a minimum.
Key Segments of Excavator Market Research
-
By Type :
- Wheeled
- Crawler
-
By Vehicle Weight :
- < 10 Metric Tons
- 11 to 45 Metric Tons
- 46 Metric Tons >
-
By Engine Capacity :
- Up to 250 HP
- 250 to 500 HP
-
By Drive Type :
- Electric
- ICE
-
By Application :
- Construction
- Forestry & Agriculture
- Mining
- Rental
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
1. Global Compact Wheel Loader Market - Global Outlook 2. Global Market - Executive Summary 3. Global Market Overview 3.1. Introduction 3.1.1. Global Market Taxonomy 3.1.2. Global Market Definition 3.2. Global Market Size (US$ Mn & Volume) and Forecast, 2018-2033 3.2.1. Global Market Y-o-Y Growth 3.3. Global Market Dynamics 3.4. Value Chain 3.5. Cost Structure 3.6. Global Construction Outlook 3.7. Global Construction Equipment Industry Overview 3.8. Global Infrastructure Spending 3.9. Road Infrastructure Scenario 3.10. Major Construction Project 3.11. Forecast Factors 3.12. Forecast Scenario 3.13. Supply Demand Scenario 3.14. Investment Feasibility Matrix 3.15. Region Wise Market Positioning Assessment 3.16. Porters Analysis 3.17. Key Participants Market Presence (Intensity Map) By Region 4. Global Market Analysis and Forecast 2018-2033 4.1. Global Market Size and Forecast By Product Type, 2018-2033 4.1.1. Compact Market Size and Forecast, 2018-2033 4.1.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.1.1.2. Market Share Comparison, By Region 4.1.1.3. Y-o-Y growth Comparison, By Region 4.1.2. Crawler Market Size and Forecast, 2018-2033 4.1.2.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.1.2.2. Market Share Comparison, By Region 4.1.2.3. Y-o-Y growth Comparison, By Region 4.1.3. Dragline Market Size and Forecast, 2018-2033 4.1.3.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.1.3.2. Market Share Comparison, By Region 4.1.3.3. Y-o-Y growth Comparison, By Region 4.1.4. Long Reach Market Size and Forecast, 2018-2033 4.1.4.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.1.4.2. Market Share Comparison, By Region 4.1.4.3. Y-o-Y growth Comparison, By Region 4.1.5. Suction Market Size and Forecast, 2018-2033 4.1.5.1. Revenue (US$ Mn) & Volume Comparison, By Region 4.1.5.2. Market Share Comparison, By Region 4.1.5.3. Y-o-Y growth Comparison, By Region 4.2. Global Market Size and Forecast By Size Class, 2018-2033 4.2.1. Mini or Compact (<13,227 lbs) Market Size and Forecast, 2018-2033 4.2.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.2.1.2. Market Share Comparison, By Region 4.2.1.3. Y-o-Y growth Comparison, By Region 4.2.2. Medium (13,227 – 22,046 lbs) Market Size and Forecast, 2018-2033 4.2.2.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.2.2.2. Market Share Comparison, By Region 4.2.2.3. Y-o-Y growth Comparison, By Region 4.2.3. Standard/Full-Size (22,046 – 198,416 lbs) Market Size and Forecast, 2018-2033 4.2.3.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.2.3.2. Market Share Comparison, By Region 4.2.3.3. Y-o-Y growth Comparison, By Region 4.2.4. Heavy (>198,416 lbs) Market Size and Forecast, 2018-2033 4.2.4.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.2.4.2. Market Share Comparison, By Region 4.2.4.3. Y-o-Y growth Comparison, By Region 4.3. Global Market Size and Forecast By Mechanism Type, 2018-2033 4.3.1. Electric Market Size and Forecast, 2018-2033 4.3.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.3.1.2. Market Share Comparison, By Region 4.3.1.3. Y-o-Y growth Comparison, By Region 4.3.2. Hydraulic Market Size and Forecast, 2018-2033 4.3.2.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.3.2.2. Market Share Comparison, By Region 4.3.2.3. Y-o-Y growth Comparison, By Region 4.3.3. Hybrid Market Size and Forecast, 2018-2033 4.3.3.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.3.3.2. Market Share Comparison, By Region 4.3.3.3. Y-o-Y growth Comparison, By Region 4.4. Global Market Size and Forecast by End use vertical, 2018-2033 4.4.1. Construction Market Size and Forecast, 2018-2033 4.4.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.4.1.2. Market Share Comparison, By Region 4.4.1.3. Y-o-Y growth Comparison, By Region 4.4.2. Mining Market Size and Forecast, 2018-2033 4.4.2.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.4.2.2. Market Share Comparison, By Region 4.4.2.3. Y-o-Y growth Comparison, By Region 4.4.3. Forestry & Agriculture Market Size and Forecast, 2018-2033 4.4.3.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.4.3.2. Market Share Comparison, By Region 4.4.3.3. Y-o-Y growth Comparison, By Region 4.4.4. Others Market Size and Forecast, 2018-2033 4.4.4.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region 4.4.4.2. Market Share Comparison, By Region 4.4.4.3. Y-o-Y growth Comparison, By Region 5. North America Market Size and Forecast, 2018-2033 5.1. North America Market Outlook 5.2. North America Automotive Market Outlook 5.3. North America Market Outlook 5.4. North America Revenue (US$ Mn) & Volume (Units) Comparison, By Country 5.5. Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type 5.6. Revenue (US$ Mn) & Volume Comparison, By Size Class 5.7. Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 5.8. Revenue (US$ Mn) & Volume Comparison, By End use Vertical 6. Latin America Market Size and Forecast, 2018-2033 6.1. Latin America Outlook 6.2. Latin America Automotive Market Outlook 6.3. Latin America Market Outlook 6.4. Revenue (US$ Mn) & Volume Comparison, By Country 6.5. Revenue (US$ Mn) & Volume Comparison, By Product Type 6.6. Revenue (US$ Mn) & Volume Comparison, By Size Class 6.7. Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 6.8. Revenue (US$ Mn) & Volume Comparison, By End use Vertical 7. Europe Market Size and Forecast, 2018-2033 7.1. Europe Outlook 7.2. Europe Automotive Market Outlook 7.3. Europe Excavators Market Outlook 7.4. Revenue (US$ Mn) & Volume Comparison, By Country 7.5. Revenue (US$ Mn) & Volume Comparison, By Product Type 7.6. Revenue (US$ Mn) & Volume Comparison, By Size Class 7.7. Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 7.8. Revenue (US$ Mn) & Volume Comparison, By End use Vertical 8. Japan Market Size and Forecast, 2018-2033 8.1. Japan Outlook 8.2. Japan Automotive Market Outlook 8.3. Japan Market Outlook 8.4. Revenue (US$ Mn) & Volume Comparison, By Country 8.5. Revenue (US$ Mn) & Volume Comparison, By Product Type 8.6. Revenue (US$ Mn) & Volume Comparison, By Size Class 8.7. Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 8.8. Revenue (US$ Mn) & Volume Comparison, By End use Vertical 9. APEJ Market Size and Forecast, 2018-2033 9.1. Asia Pacific Excluding Japan (APEJ) Outlook 9.2. Asia Pacific Excluding Japan (APEJ) Automotive Market Outlook 9.3. APEJ Market Outlook 9.4. Revenue (US$ Mn) & Volume Comparison, By Country 9.5. China Revenue (US$ Mn) & Volume (Units) Comparison 9.6. India Revenue (US$ Mn) & Volume (Units) Comparison 9.7. Revenue (US$ Mn) & Volume Comparison, By Product Type 9.7.1. China Revenue (US$ Mn) & Volume (Units) Comparison, By Product Types 9.7.1.1. China Market Share Comparison by Product Type 9.7.2. India Revenue (US$ Mn) & Volume (Units) Comparison, By Product Types 9.7.2.1. India Market Share Comparison by Product Type 9.8. Revenue (US$ Mn) & Volume Comparison, By Size Class 9.8.1. China Revenue (US$ Mn) & Volume Comparison, By Size Class 9.8.1.1. China Market Share Comparison by Size Class 9.8.2. India Revenue (US$ Mn) & Volume Comparison, By Size Class 9.8.2.1. India Market Share Comparison by Size Class 9.9. Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 9.9.1. China Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 9.9.1.1. China Market Share Comparison by Mechanism Type 9.9.2. India Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 9.9.2.1. India Market Share Comparison by Mechanism Type 9.10. Revenue (US$ Mn) & Volume Comparison, By End use Vertical 9.10.1. China Revenue (US$ Mn) & Volume Comparison, By End use Vertical 9.10.1.1. China Market Share Comparison by End Use Vertical 9.10.2. India Revenue (US$ Mn) & Volume Comparison, By End use Vertical 9.10.2.1. India Market Share Comparison by End Use Vertical 10. MEA Market Size and Forecast, 2018-2033 10.1. MEA Market Outlook 10.2. MEA Automotive Market Outlook 10.3. MEA Market Outlook 10.4. Revenue (US$ Mn) & Volume Comparison, By Country 10.5. Revenue (US$ Mn) & Volume Comparison, By Product Type 10.6. Revenue (US$ Mn) & Volume Comparison, By Size Class 10.7. Revenue (US$ Mn) & Volume Comparison, By Mechanism Type 10.8. Revenue (US$ Mn) & Volume Comparison, By End use Vertical 11. Global Market Competitive Landscape and Company Profiles 11.1. Global Market: Company Share Analysis 11.2 Global Excavator: Competition Landscape 11.3. Global Market: Company Profiles 11.3.1. Caterpillar Inc. 11.3.1.1. Company Overview 11.3.1.2. Product Overview 11.3.1.3. Key Financials 11.3.1.4. Key Developments 11.3.1.5. SWOT Analysis 11.3.2. Deere & Co. 11.3.2.1. Company Overview 11.3.2.2. Product Overview 11.3.2.3. Key Financials 11.3.2.4. Key Developments 11.3.2.5. SWOT Analysis 11.3.3. Hitachi, Ltd. 11.3.3.1. Company Overview 11.3.3.2. Product Overview 11.3.3.3. Key Financials 11.3.3.4. Key Developments 11.3.4. KUBOTA Corporation 11.3.4.1. Company Overview 11.3.4.2. Product Overview 11.3.4.3. Key Financials 11.3.4.4. SWOT Analysis 11.3.5. CNH Industrial N.V. 11.3.5.1. Company Overview 11.3.5.2. Product Overview 11.3.5.3. Key Financials 11.3.5.4. Key Developments 11.3.5.5. SWOT Analysis 11.3.6. Volvo Construction Equipment and Services, Inc. 11.3.6.1. Company Overview 11.3.6.2. Product Overview 11.3.6.3. Key Financials 11.3.7. Doosan Bobcat Inc. 11.3.7.1. Company Overview 11.3.7.2. Product Overview 11.3.7.3. Key Financials 11.3.8. Yanmar Co., Ltd. 11.3.8.1. Company Overview 11.3.8.2. Product Overview 11.3.9. JCB, Inc. 11.3.9.1. Company Overview 11.3.9.2. Product Overview 11.3.10. Nagano Industry Co., Ltd., 11.3.10.1. Company Overview 11.3.10.2. Product Overview 11.3.10.3. Key Financial 11.3.11. KOBELCO Construction Machinery Co., Ltd. 11.3.11.1. Company Overview 11.3.11.2. Product Overview 11.3.11.3. Key Financials 11.3.12. Kato Works Co., Ltd. 11.3.12.1. Company Overview 11.3.12.2. Product Overview 11.3.12.3. Key Financial 11.3.13. BEML Limited 11.3.13.1. Company Overview 11.3.13.2. Product Overview 11.3.13.3. Key Financial 11.3.14. Guangxi LiuGong Machinery Co., Ltd. 11.3.14.1. Company Overview 11.3.14.2. Product Overview 11.3.14.3. Key Financial 11.3.15. Sany Group Co. Ltd. 11.3.15.1. Company Overview 11.3.15.2. Product Overview 11.3.15.3. Key Financial 11.3.16. Terex Corporation 11.3.16.1. Company Overview 11.3.16.2. Product Overview 11.3.16.3. Key Financial 11.3.17. XCMG Construction Machinery Co., Ltd. 11.3.17.1. Company Overview 11.3.17.2. Key Financial 11.3.18. Zoomlion Heavy Industry Science and Technology Co., Ltd. 11.3.18.1. Company Overview 11.3.18.2. Product Overview 11.3.18.3. Key Financial 11.3.19. CAPPELLOTTO S.P.A. 11.3.19.1. Company Overview 11.3.19.2. Product Overview 11.3.20. Rivard Companies Inc 11.3.20.1. Company Overview 11.3.20.2. Product Overview 11.3.21. The Charles Machine Works, Inc 11.3.21.1. Company Overview 11.3.21.2. Product Overview 12. Global Excavators Market - Key Takeaways 13. Fact.MR Research Methodology 13.1. To Begin With 13.2. How we Develop Base Year Data 13.3. Overall Approach Explained Visually 13.4. To be Noted 13.5. Average Pricing Methodology 13.6. Forecasting Methodology 13.7. For Profiling Competitors in the Market: 14. Disclaimer
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List Of Table
Table 1: Global Market Value (US$ Mn) & Volume, 2018-2022
Table 2: Global Market Value (US$ Mn) & Volume, 2023-2033
Table 3: Global Market Value (US$ Mn) & Volume and Y-o-Y, 2022-2033
Table 4: Global Compact Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 5: Global Compact Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 6: Global Compact Segment Market Share, By Region 2018-2022
Table 7: Global Compact Segment Market Share, By Region 2023-2033
Table 8: Global Compact Segment Y-o-Y, By Region 2022-2033
Table 9: Global Crawler Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 10: Global Crawler Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 11: Global Crawler Segment Market Share, By Region 2018-2022
Table 12: Global Crawler Segment Market Share, By Region 2023-2033
Table 13: Global Crawler Segment Y-o-Y, By Region 2022-2033
Table 14: Global Dragline Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 15: Global Dragline Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 16: Global Dragline Segment Market Share, By Region 2018-2022
Table 17: Global Dragline Segment Market Share, By Region 2023-2033
Table 18: Global Dragline Segment Y-o-Y, By Region 2022-2033
Table 19: Global Long Reach Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 20: Global Long Reach Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 21: Global Long Reach Segment Market Share, By Region 2018-2022
Table 22: Global Long Reach Segment Market Share, By Region 2023-2033
Table 23: Global Long Reach Segment Y-o-Y, By Region 2022-2033
Table 24: Global Suction Segment Value (US$ Mn) & Volume, By Region 2018-2022
Table 25: Global Suction Segment Value (US$ Mn) & Volume, By Region 2023-2033
Table 26: Global Suction Segment Market Share, By Region 2018-2022
Table 27: Global Suction Segment Market Share, By Region 2023-2033
Table 28: Global Suction Segment Y-o-Y, By Region 2022-2033
Table 29: Global Mini or Compact (<13,227 lbs) Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 30: Global Mini or Compact (<13,227 lbs) Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 31: Global Mini or Compact (<13,227 lbs) Segment Market Share, By Region 2018-2022
Table 32: Global Mini or Compact (<13,227 lbs) Segment Market Share, By Region 2023-2033
Table 33: Global Mini or Compact (<13,227 lbs) Segment Y-o-Y, By Region 2022-2033
Table 34: Global Medium (13,227 – 22,046 lbs) Segment Value (US$ Mn) & Volume, By Region 2018-2022
Table 35: Global Medium (13,227 – 22,046 lbs) Segment Value (US$ Mn) & Volume, By Region 2023-2033
Table 36: Global Medium (13,227 – 22,046 lbs) Segment Market Share, By Region 2018-2022
Table 37: Global Medium (13,227 – 22,046 lbs) Segment Market Share, By Region 2023-2033
Table 38: Global Medium (13,227 – 22,046 lbs) Segment Y-o-Y, By Region 2022-2033
Table 39: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 40: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 41: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Market Share, By Region 2018-2022
Table 42: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Market Share, By Region 2023-2033
Table 43: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Y-o-Y, By Region 2022-2033
Table 44: Global Heavy Excavator(>198,416 lbs) Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 45: Global Heavy Excavator(>198,416 lbs) Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 46: Global Heavy Excavator(>198,416 lbs) Segment Market Share, By Region 2018-2022
Table 47: Global Heavy Excavator(>198,416 lbs) Segment Market Share, By Region 2023-2033
Table 48: Global Heavy Excavator(>198,416 lbs) Segment Y-o-Y, By Region 2022-2033
Table 49: Global Electric Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 50: Global Electric Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 51: Global Electric Segment Market Share, By Region 2018-2022
Table 52: Global Electric Segment Market Share, By Region 2023-2033
Table 53: Global Electric Segment Y-o-Y, By Region 2022-2033
Table 54: Global Hydraulic Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 55: Global Hydraulic Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 56: Global Hydraulic Segment Market Share, By Region 2018-2022
Table 57: Global Hydraulic Segment Market Share, By Region 2023-2033
Table 58: Global Hydraulic Segment Y-o-Y, By Region 2022-2033
Table 59: Global Hybrid Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 60: Global Hybrid Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 61: Global Hybrid
Table 62: Global Hybrid Segment Market Share, By Region 2023-2033
Table 63: Global Hybrid Segment Y-o-Y, By Region 2022-2033
Table 64: Global Construction Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 65: Global Construction Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 66: Global Construction Segment Market Share, By Region 2018-2022
Table 67: Global Construction Segment Market Share, By Region 2023-2033
Table 68: Global Construction Segment Y-o-Y, By Region 2022-2033
Table 69: Global Mining Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 70: Global Mining Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 71: Global Mining Segment Market Share, By Region 2018-2022
Table 72: Global Mining Segment Market Share, By Region 2023-2033
Table 73: Global Mining Segment Y-o-Y, By Region 2022-2033
Table 74: Global Forestry & Agriculture Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 75: Global Forestry & Agriculture Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 76: Global Forestry & Agriculture Segment Market Share, By Region 2018-2022
Table 77: Global Forestry & Agriculture Segment Market Share, By Region 2023-2033
Table 78: Global Forestry & Agriculture Segment Y-o-Y, By Region 2022-2033
Table 79: Global Others Segment Value (US$ Mn) & Volume (Units), By Region 2018-2022
Table 80: Global Others Segment Value (US$ Mn) & Volume (Units), By Region 2023-2033
Table 81: Global Others Segment Market Share, By Region 2018-2022
Table 82: Global Others Segment Market Share, By Region 2023-2033
Table 83: Global Others Segment Y-o-Y, By Region 2022-2033
Table 84: North America Market Value (US$ Mn) & Volume, By Country 2018-2022
Table 85: North America Market Value (US$ Mn) & Volume (Units), By Country 2023-2033
Table 86: North America Market Value (US$ Mn) & Volume, By Product Type 2018-2022
Table 87: North America Market Value (US$ Mn) & Volume, By Product Type 2023-2033
Table 88: North America Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 89: North America Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 90: North America Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 91: North America Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 92: North America Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 93: North America Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
Table 94: Latin America Market Value (US$ Mn) & Volume, By Country 2018-2022
Table 95: Latin America Market Value (US$ Mn) & Volume, By Country 2023-2033
Table 96: Latin America Market Value (US$ Mn) & Volume, By Product Type 2018-2022
Table 97: Latin America Market Value (US$ Mn) & Volume, By Product Type 2023-2033
Table 98: Latin America Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 99: Latin America Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 100: Latin America Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 101: Latin America Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 102: Latin America Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 103: Latin America Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
Table 104: Europe Market Value (US$ Mn) & Volume, By Country 2018-2022
Table 105: Europe Market Value (US$ Mn) & Volume, By Country 2023-2033
Table 106: Europe Market Value (US$ Mn) & Volume, By Product Type 2018-2022
Table 107: Europe Market Value (US$ Mn) & Volume, By Product Type 2023-2033
Table 108: Europe Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 109: Europe Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 110: Europe Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 111: Europe Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 112: Europe Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 113: Europe Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
Table 114: Japan Market Value (US$ Mn) & Volume, By Country 2018-2022
Table 115: Japan Market Value (US$ Mn) & Volume, By Country 2023-2033
Table 116: Japan Market Value (US$ Mn) & Volume, By Product Type 2018-2022
Table 117: Japan Market Value (US$ Mn) & Volume, By Product Type 2023-2033
Table 118: Japan Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 119: Japan Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 120: Japan Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 121: Japan Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 122: Japan Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 123: Japan Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
Table 124: APEJ Market Value (US$ Mn) & Volume, By Country 2018-2022
Table 125: APEJ Market Value (US$ Mn) & Volume, By Country 2023-2033
Table 126: China Market Value (US$ Mn) & Volume (Units), Over 2018-2022
Table 127: China Market Value (US$ Mn) & Volume (Units), over 2023-2033
Table 128: India Excavators Market Value (US$ Mn) & Volume (Units), Over 2018-2022
Table 129: India Excavators Market Value (US$ Mn) & Volume (Units), over 2023-2033
Table 130: APEJ Market Value (US$ Mn) & Volume, By Product Type 2018-2022
Table 131: APEJ Market Value (US$ Mn) & Volume, By Product Type 2023-2033
Table 132: China Excavators Market Value (US$ Mn) & Volume (Units), By Product Types 2018-2022
Table 133: China Excavators Market Value (US$ Mn) & Volume (Units), By Product Types 2023-2033
Table 134: China Market Share Comparison, by Value, 2018-2033
Table 135: China Market Share Comparison, by Volume, 2018-2033
Table 136: India Excavators Market Value (US$ Mn) & Volume (Units), By Product Types 2018-2022
Table 137: India Excavators Market Value (US$ Mn) & Volume (Units), By Product Types 2023-2033
Table 138: India Market Share Comparison, by Value, 2018-2033
Table 139: India Market Share Comparison, by Volume, 2018-2033
Table 140: APEJ Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 141: APEJ Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 142: China Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 143: China Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 144: China Market Share Comparison, by Value, 2018-2033
Table 145: China Market Share Comparison, by Volume, 2018-2033
Table 146: India Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 147: India Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 148: India Market Share Comparison, by Value, 2018-2033
Table 149: India Market Share Comparison, by Volume, 2018-2033
Table 150: APEJ Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 151: APEJ Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 152: China Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 153: China Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 154: China Market Share Comparison, by Value, 2018-2033
Table 155: China Market Share Comparison, by Volume, 2018-2033
Table 156: India Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 157: India Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 158: India Market Share Comparison, by Value, 2018-2033
Table 159: India Market Share Comparison, by Volume, 2018-2033
Table 160: APEJ Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 161: APEJ Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
Table 162: China Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 163: China Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
Table 164: China Market Share Comparison, by Value, 2018-2033
Table 165: China Market Share Comparison, by Volume, 2018-2033
Table 166: India Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 167: India Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
Table 168: India Market Share Comparison, by Value, 2018-2033
Table 169: India Market Share Comparison, by Volume, 2018-2033
Table 170: MEA Market Value (US$ Mn) & Volume, By Country 2018-2022
Table 171: MEA Market Value (US$ Mn) & Volume, By Country 2023-2033
Table 172: MEA Market Value (US$ Mn) & Volume, By Product Type 2018-2022
Table 173: MEA Market Value (US$ Mn) & Volume, By Product Type 2023-2033
Table 174: MEA Market Value (US$ Mn) & Volume, By Size Class 2018-2022
Table 175: MEA Market Value (US$ Mn) & Volume, By Size Class 2023-2033
Table 176: MEA Market Value (US$ Mn) & Volume, By Mechanism Type2018-2022
Table 177: MEA Market Value (US$ Mn) & Volume, By Mechanism Type2023-2033
Table 178: MEA Market Value (US$ Mn) & Volume, By End use Vertical 2018-2022
Table 179: MEA Market Value (US$ Mn) & Volume, By End use Vertical 2023-2033
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List Of Figures
FIG. 1: Global Market Value (US$ Mn), 2018-2022
FIG. 2: Global Market Value (US$ Mn) Forecast, 2023-2033
FIG. 3: Global Market Value (US$ Mn) and Y-o-Y, 2022-2033
FIG. 4: Global Compact Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 5: Global Compact Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 6: Global Compact Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 7: Global Crawler Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 8: Global Crawler Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 9: Global Crawler Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 10: Global Dragline Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 11: Global Dragline Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 12: Global Dragline Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 13: Global Long Reach Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 14: Global Long Reach Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 15: Global Long Reach Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 16: Global Suction Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 17: Global Suction Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 18: Global Suction Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 19: Global Mini or Compact (<13,227 lbs) Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 20: Global Mini or Compact (<13,227 lbs) Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 21: Global Mini or Compact (<13,227 lbs) Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 22: Global Medium (13,227 – 22,046 lbs) Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 23: Global Medium (13,227 – 22,046 lbs) Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 24: Global Medium (13,227 – 22,046 lbs) Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 25: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 26: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 27: Global Standard/Full-Size (22,046 – 198,416 lbs) Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 28: Global Heavy Excavator(>198,416 lbs) Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 29: Global Heavy Excavator(>198,416 lbs) Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 30: Global Heavy Excavator(>198,416 lbs) Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 31: Global Electric Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 32: Global Electric Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 33: Global Electric Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 34: Global Hydraulic Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 35: Global Hydraulic Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 36: Global Hydraulic Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 37: Global Hybrid Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 38: Global Hybrid Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 39: Global Hybrid Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 40: Global Construction Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 41: Global Construction Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 42: Global Construction Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 43: Global Mining Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 44: Global Mining Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 45: Global Mining Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 46: Global Forestry & Agriculture Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 47: Global Forestry & Agriculture Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 48: Global Forestry & Agriculture Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 49: Global Others Segment Market Value (US$ Mn) By Region, 2018-2022
FIG. 50: Global Others Segment Market Value (US$ Mn) By Region, 2023-2033
FIG. 51: Global Others Segment Y-o-Y Growth Rate, By Region, 2022-2033
FIG. 52: North America Market Value (US$ Mn), By Country 2018-2022
FIG. 53: North America Market Value (US$ Mn), By Country 2023-2033
FIG. 54: North America Market Value (US$ Mn), By Product Type 2018-2022
FIG. 55: North America Market Value (US$ Mn), By Product Type 2023-2033
FIG. 56: North America Market Value (US$ Mn), By Size Class 2018-2022
FIG. 57: North America Market Value (US$ Mn), By Size Class 2023-2033
FIG. 58: North America Market Value (US$ Mn), By Mechanism Type2018-2022
FIG. 59: North America Market Value (US$ Mn), By Mechanism Type2023-2033
FIG. 60: North America Market Value (US$ Mn), By End use Vertical 2018-2022
FIG. 61: North America Market Value (US$ Mn), By End use Vertical 2023-2033
FIG. 62: Latin America Market Value (US$ Mn), By Country 2018-2022
FIG. 63: Latin America Market Value (US$ Mn), By Country 2023-2033
FIG. 64: Latin America Market Value (US$ Mn), By Product Type 2018-2022
FIG. 65: Latin America Market Value (US$ Mn), By Product Type 2023-2033
FIG. 66: Latin America Market Value (US$ Mn), By Size Class 2018-2022
FIG. 67: Latin America Market Value (US$ Mn), By Size Class 2023-2033
FIG. 68: Latin America Market Value (US$ Mn), By Mechanism Type2018-2022
FIG. 69: Latin America Market Value (US$ Mn), By Mechanism Type2023-2033
FIG. 70: Latin America Market Value (US$ Mn), By End use Vertical 2018-2022
FIG. 71: Latin America Market Value (US$ Mn), By End use Vertical 2023-2033
FIG. 72: Europe Market Value (US$ Mn), By Country 2018-2022
FIG. 73: Europe Market Value (US$ Mn), By Country 2023-2033
FIG. 74: Europe Market Value (US$ Mn), By Product Type 2018-2022
FIG. 75: Europe Market Value (US$ Mn), By Product Type 2023-2033
FIG. 76: Europe Market Value (US$ Mn), By Size Class 2018-2022
FIG. 77: Europe Market Value (US$ Mn), By Size Class 2023-2033
FIG. 78: Europe Market Value (US$ Mn), By Mechanism Type2018-2022
FIG. 79: Europe Market Value (US$ Mn), By Mechanism Type2023-2033
FIG. 80: Europe Market Value (US$ Mn), By End use Vertical 2018-2022
FIG. 81: Europe Market Value (US$ Mn), By End use Vertical 2023-2033
FIG. 82: Japan Market Value (US$ Mn), 2018-2022
FIG. 83: Japan Market Value (US$ Mn), 2023-2033
FIG. 84: Japan Market Value (US$ Mn), By Product Type 2018-2022
FIG. 85: Japan Market Value (US$ Mn), By Product Type 2023-2033
FIG. 86: Japan Market Value (US$ Mn), By Mechanism Type2018-2022
FIG. 87: Japan Market Value (US$ Mn), By Size Class 2023-2033
FIG. 88: Japan Market Value (US$ Mn), By Mechanism Type2018-2022
FIG. 89: Japan Market Value (US$ Mn), By Mechanism Type2023-2033
FIG. 90: Japan Market Value (US$ Mn), By End use Vertical 2018-2022
FIG. 91: Japan Market Value (US$ Mn), By End use Vertical 2023-2033
FIG. 92: APEJ Market Value (US$ Mn), By Country 2018-2022
FIG. 93: APEJ Market Value (US$ Mn), By Country 2023-2033
FIG. 94: APEJ Market Value (US$ Mn), By Product Type 2018-2022
FIG. 95: APEJ Market Value (US$ Mn), By Product Type 2023-2033
FIG. 96: APEJ Market Value (US$ Mn), By Size Class 2018-2022
FIG. 97: APEJ Market Value (US$ Mn), By Size Class 2023-2033
FIG. 98: APEJ Market Value (US$ Mn), By Mechanism Type2018-2022
FIG. 99: APEJ Market Value (US$ Mn), By Mechanism Type2023-2033
FIG. 100: APEJ Market Value (US$ Mn), By End use Vertical 2018-2022
FIG. 101: APEJ Market Value (US$ Mn), By End use Vertical 2023-2033
FIG. 102: MEA Market Value (US$ Mn), By Country 2018-2022
FIG. 103: MEA Market Value (US$ Mn), By Country 2023-2033
FIG. 104: MEA Market Value (US$ Mn), By Product Type 2018-2022
FIG. 105: MEA Market Value (US$ Mn), By Product Type 2023-2033
FIG. 106: MEA Market Value (US$ Mn), By Size Class 2018-2022
FIG. 107: MEA Market Value (US$ Mn), By Size Class 2023-2033
FIG. 108: MEA Market Value (US$ Mn), By Mechanism Type2018-2022
FIG. 109: MEA Market Value (US$ Mn), By Mechanism Type2023-2033
FIG. 110: MEA Market Value (US$ Mn), By End use Vertical 2018-2022
FIG. 111: MEA Market Value (US$ Mn), By End use Vertical 2023-2033
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- FAQs -
What is the market size of excavators in 2023?
The global excavator market is valued at US$ 74.27 billion in 2023.
Why are excavators in high demand?
Global demand for excavators is predicted to rise at a CAGR of 5.5% from 2023 to 2033.
What is the projected value of the global excavator market for 2033?
The market for excavators is projected to reach US$ 126.86 billion by 2033.
Who are the leading manufacturers of excavators?
Top excavator brands are Atlas Copco, Caterpillar Inc., CNH Global NV, and Doosan.
Which is the leading regional market for excavators?
Asia Pacific is handsomely leading the worldwide sales of excavators.
What is the market share held by wheeled excavators?
Wheeled excavators accounted for a market share of 72.6% in 2022.
What is an excavator?
An excavator is a heavy construction machine commonly used in construction, mining, demolition, and other earthmoving operations.
Excavator Market