UK Excavators Market Size & Outlook, 2022-2030
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UK excavators market highlights
- The UK excavators market generated a revenue of USD 1,699.4 million in 2022 and is expected to reach USD 2,836.0 million by 2030.
- The UK market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
- In terms of segment, 11to45 was the largest revenue generating vehicle weight in 2022.
- <10 is the most lucrative vehicle weight segment registering the fastest growth during the forecast period.
Excavators market data book summary
| Market revenue in 2022 | USD 1,699.4 million |
| Market revenue in 2030 | USD 2,836.0 million |
| Growth rate | 6.6% (CAGR from 2022 to 2030) |
| Largest segment | 11to45 |
| Fastest growing segment | <10 |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | <10, 11to45, 46> |
| Key market players worldwide | Atlas Copco AB ADR, Caterpillar Inc, Hitachi Construction Machinery Co Ltd, Deere & Co, Kobe Steel Ltd, Komatsu Ltd, Mitsubishi Corp, Manitou BF SA, Sumitomo Corp, Terex Corp, Volvo AB ADR |
Other key industry trends
- In terms of revenue, UK accounted for 4.2% of the global excavators market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany excavators market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 4,520.2 million by 2030.
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Excavators Market Scope
Excavators Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Manitou BF SA | View profile | 5464 | 430, rue de l'Aubiniere, Ancenis, France, 44158 | http://www.manitou-group.com |
| Kobe Steel Ltd | View profile | 44938 | 2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, Japan, 651-8585 | http://www.kobelco.co.jp |
| Terex Corp | View profile | 10200 | 45 Glover Avenue, 4th Floor, Norwalk, CT, United States, 06850 | https://www.terex.com |
| Atlas Copco AB ADR | View profile | 53728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | https://www.atlascopcogroup.com |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
| Mitsubishi Corp | View profile | 105267 | Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8086 | https://www.mitsubishicorp.com |
| Volvo AB ADR | View profile | 104905 | Gropegardsgatan 2, Gothenburg, Sweden, 417 15 | https://www.volvogroup.com |
| Hitachi Construction Machinery Co Ltd | View profile | 27697 | 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, Japan, 110-0015 | https://www.hitachicm.com |
| Deere & Co | View profile | 83000 | One John Deere Place, Moline, IL, United States, 61265 | https://www.deere.com |
| Komatsu Ltd | View profile | 70608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | https://www.komatsu.jp |
| Caterpillar Inc | View profile | 121173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | https://www.caterpillar.com |
UK excavators market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to excavators market will help companies and investors design strategic landscapes.
11to45 was the largest segment with a revenue share of 37.24% in 2022. Horizon Databook has segmented the UK excavators market based on <10, 11to45, 46> covering the revenue growth of each sub-segment from 2018 to 2030.
- UK Excavators Vehicle Weight Outlook (Revenue, USD Million, 2018-2030)
- <10
- 11to45
- 46>
- Rigid Frame
- Below 50 metric ton
- 50 to 300 metric ton
- Above 50 metric ton
- Articulated Frame
- Below 50 metric ton
- Above 50 metric ton
- UK Excavators Engine Capacity Outlook (Revenue, USD Million, 2018-2030)
- Up to 250 HP
- 250-500 HP
- More than 500 HP
- UK Excavators Type Outlook (Revenue, USD Million, 2018-2030)
- Wheel
- Crawler
- UK Excavators Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
- Electric
- ICE
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Target buyers of UK excavators market databook
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Our clientele includes a mix of excavators market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK excavators market , including forecasts for subscribers. This country databook contains high-level insights into UK excavators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK excavators market outlook size, by vehicle weight, 2018-2030 (US$M)
UK Excavators Market Outlook Share, 2022 & 2030 (US$M)
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