Excavator Market Size, Share & Trends Report

Excavator Market Size, Share & Trends Analysis Report By Vehicle Weight (< 10, 46 >), By Engine Capacity (Up To 250 HP, More Than 500 HP), By Type (Wheel, Crawler), By Drive Type (Electric, ICE), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-2-68038-537-3
  • Number of Pages: 120
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2022
  • Industry: Technology

Market Segmentation

  • Excavator Vehicle Weight Outlook (Revenue, USD Million, 2018 - 2030)
    • <10
    • 11to45
    • 46>
  • Excavator Engine Capacity Outlook (Revenue, USD Million, 2018 - 2030)
    • Up to 250 HP
    • 250-500 HP
    • More than 500 HP
  • Excavator Type Outlook (Revenue, USD Million, 2018 - 2030)
    • Wheel
    • Crawler
  • Excavator Drive Type Outlook (Revenue, USD Million, 2018 - 2030)
    • Electric
    • ICE
  • Excavator Regional Outlook (Revenue, USD Million, 2018 - 2030)
    • North America 
      • North America Excavator Market, By Vehicle Weight
        • <10
        • 11to45
        • 46>
      • North America Excavator Market, By Engine Capacity
        • Up to 250 HP
        • 250 - 500 HP
        • More than 500 HP
      • North America Excavator Market, By Type
        • Wheel
        • Crawler
      • North America Excavator Market, By Drive Type
        • Electric
        • ICE
      • U.S.
        • U.S. Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • U.S. Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • U.S. Excavator Market, By Type
          • Wheel
          • Crawler
        • U.S. Excavator Market, By Drive Type
          • Electric
          • ICE
      • Canada
        • Canada Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • Canada Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • Canada Excavator Market, By Type
          • Wheel
          • Crawler
        • Canada Excavator Market, By Drive Type
          • Electric
          • ICE
    • Europe
      • Europe Excavator Market, By Vehicle Weight
        • <10
        • 11to45
        • 46>
      • Europe Excavator Market, By Engine Capacity
        • Up to 250 HP
        • 250 - 500 HP
        • More than 500 HP
      • Europe Excavator Market, By Type
        • Wheel
        • Crawler
      • Europe Excavator Market, By Drive Type
        • Electric
        • ICE
      • U.K.
        • U.K. Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • U.K. Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • U.K. Excavator Market, By Type
          • Wheel
          • Crawler
        • U.K. Excavator Market, By Drive Type
          • Electric
          • ICE
      • Germany
        • Germany Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • Germany Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • Germany Excavator Market, By Type
          • Wheel
          • Crawler
        • Germany Excavator Market, By Drive Type
          • Electric
          • ICE
      • France
        • France Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • France Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • France Excavator Market, By Type
          • Wheel
          • Crawler
        • France Excavator Market, By Drive Type
          • Electric
          • ICE
    • Asia Pacific
      • Asia Pacific Excavator Market, By Vehicle Weight
        • <10
        • 11to45
        • 46>
      • Asia Pacific Excavator Market, By Engine Capacity
        • Up to 250 HP
        • 250 - 500 HP
        • More than 500 HP
      • Asia Pacific Excavator Market, By Type
        • Wheel
        • Crawler
      • Asia Pacific Excavator Market, By Drive Type
        • Electric
        • ICE
      • China
        • China Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • China Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • China Excavator Market, By Type
          • Wheel
          • Crawler
        • China Excavator Market, By Drive Type
          • Electric
          • ICE
      • India
        • India Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • India Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • India Excavator Market, By Type
          • Wheel
          • Crawler
        • India Excavator Market, By Drive Type
          • Electric
          • ICE
      • Japan
        • Japan Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • Japan Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • Japan Excavator Market, By Type
          • Wheel
          • Crawler
        • Japan Excavator Market, By Drive Type
          • Electric
          • ICE
      • South Korea
        • South Korea Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • South Korea Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • South Korea Excavator Market, By Type
          • Wheel
          • Crawler
        • South Korea Excavator Market, By Drive Type
          • Electric
          • ICE
      • Australia
        • Australia Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • Australia Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • Australia Excavator Market, By Type
          • Wheel
          • Crawler
        • Australia Excavator Market, By Drive Type
          • Electric
          • ICE
    • Latin America
      • Latin America Excavator Market, By Vehicle Weight
        • <10
        • 11to45
        • 46>
      • Latin America Excavator Market, By Engine Capacity
        • Up to 250 HP
        • 250 - 500 HP
        • More than 500 HP
      • Latin America Excavator Market, By Type
        • Wheel
        • Crawler
      • Latin America Excavator Market, By Drive Type
        • Electric
        • ICE
      • Brazil
        • Brazil Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • Brazil Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • Brazil Excavator Market, By Type
          • Wheel
          • Crawler
        • Brazil Excavator Market, By Drive Type
          • Electric
          • ICE
      • Mexico
        • Mexico Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • Mexico Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • Mexico Excavator Market, By Type
          • Wheel
          • Crawler
        • Mexico Excavator Market, By Drive Type
          • Electric
          • ICE
    • Middle East & Africa
      • Middle East & Africa Excavator Market, By Vehicle Weight
        • <10
        • 11to45
        • 46>
      • Middle East & Africa Excavator Market, By Engine Capacity
        • Up to 250 HP
        • 250 - 500 HP
        • More than 500 HP
      • Middle East & Africa Excavator Market, By Type
        • Wheel
        • Crawler
      • Middle East & Africa Excavator Market, By Drive Type
        • Electric
        • ICE
      • UAE
        • UAE Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • UAE Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • UAE Excavator Market, By Type
          • Wheel
          • Crawler
        • UAE Excavator Market, By Drive Type
          • Electric
          • ICE
      • South Africa
        • South Africa Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • South Africa Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • South Africa Excavator Market, By Type
          • Wheel
          • Crawler
        • South Africa Excavator Market, By Drive Type
          • Electric
          • ICE
      • Saudi Arabia
        • Saudi Arabia Excavator Market, By Vehicle Weight
          • <10
          • 11to45
          • 46>
        • Saudi Arabia Excavator Market, By Engine Capacity
          • Up to 250 HP
          • 250 - 500 HP
          • More than 500 HP
        • Saudi Arabia Excavator Market, By Type
          • Wheel
          • Crawler
        • Saudi Arabia Excavator Market, By Drive Type
          • Electric
          • ICE

Excavator Market Dynamics

Driver: Rapid Urbanization and Continued Infrastructure Development

Growing number of infrastructure projects is anticipated to boost the demand for excavator. Huge demand from construction sector and growing number of residences and public & private infrastructures is expected to propel market progress. Growing wave of urbanization is driving the demand for better infrastructure in urban areas rapidly. In developing regions, the surging investments carried out in infrastructure development and urbanization by consumers and governments have led to a rise in the market demand for excavators. Moreover, improvements in infrastructure facilities in developed nations, such as North America and Europe, have also contributed to the demand of excavators. Private companies and government organizations are focusing on developing better infrastructure, thereby triggering a rapid growth in the demand for construction equipment.

Driver: Technological Advancements and Innovation

Customers are inclined towards advanced technology and enhanced productivity in order to achieve high profit and avoid defects. Huge consumption of oil is the major concern of buyers. Excavators are manufactured with features that reduce the on-site impact and causes less damage, ensuring that they fall under suitable guidelines and norms to attain environmental stability. Therefore, companies have carried out technological advancements in equipment such as engines where energy can be stored and reused, thereby reducing fuel consumption. Similarly, other issues that are addressed by technological upgrades such as vehicle electrification, reduces the overall impact on the environment.

Restraint: Construction Activity Prone To Unstable Demand

The demand for heavy construction equipment depends on the construction activity. Residential and non-residential construction is majorly depending on the heavy construction equipment industry. For instance, the construction business registered a 37% decline between 2006 and 2013, thus, affecting the heavy construction equipment market as well. However, the construction spending registered a 5% rise during 2016-17, thereby increasing the demand for heavy construction equipment.

What Does This Report Include?

This section will provide insights into the contents included in this excavator market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Excavator market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Excavator market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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