Global Excavator Market Report 2024

Excavator Global Market Report 2025 – By Type( Mini/ Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type ), By Operating Weight( Up to 50K Kg, 51K to 75K Kg, 76K Kg and Above), By Mechanism Type( Electric, Hydraulic, Hybrid), By Power Range( 0-300 BHP, 300-500 BHP, 500 And Above), By End-Use Industry ( Construction, Forestry And Agriculture, Mining, Other End-Use Industry) – Market Size, Trends, And Global Forecast 2025-2034

Excavator Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Excavator Market Definition

An excavator refers to construction equipment used in the construction industry to extract earth, move, or transport loose gravel, sand, or soil on a construction site. These excavators help with picking and placing, digging, landscaping, demolition, and material handling tasks.

The main types of excavators are mini/compact excavators, crawler excavators, wheeled excavators, and others. A mini/compact excavator refers to a small and lighter excavator that weighs between 0.7 and 6 tons and has a shorter swing radius superstructure that provides several advantages in urban and constrained settings. The operating weight of excavators is up to 50K kg, 51K to 75K kg, and 76K kg and above. The mechanism types of excavators are electric, hydraulic, and hybrid and have a power range of 0-300 bhp, 300-500 bhp, and 500 bhp and above. The end-users of excavators include construction, forestry and agriculture, mining, and others.

Excavator Market Segmentation

The excavator market covered in this report is segmented –

1) By Type: Mini Or Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type

2) By Operating Weight: Up To 50K Kg, 51K to 75K Kg, 76K Kg And Above

3) By Mechanism Type: Electric, Hydraulic, Hybrid

4) By Power Range: 0-300 BHP, 300-500 BHP, 500 And Above

5) By End-Use Industry: Construction, Forestry And Agriculture, Mining, Other End-Use Industry

Subsegments:

1) By Mini Or Compact Excavator: Less Than 5 Tons, 5 To 10 Tons

2) By Crawler Excavator: Standard Crawler Excavators, Heavy-Duty Crawler Excavators

3) By Wheeled Excavator: Standard Wheeled Excavators, Heavy-Duty Wheeled Excavators

4) By Other Types: Long Reach Excavators, Amphibious Excavators, Rail Excavators

Excavator Market Size and growth rate 2025 to 2029: Graph

Excavator Market Size 2025 And Growth Rate

The excavator market size has grown strongly in recent years. It will grow from $52.8 billion in 2024 to $55.72 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to earthmoving and excavation needs, construction industry growth, mining sector expansion, demolition operations, utility and pipeline installation, landscaping and grading, forestry and logging.

Excavator Market Growth Forecast

The excavator market size is expected to see strong growth in the next few years. It will grow to $69.29 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to focus on operator comfort and safety, focus on sustainability, versatility in attachment compatibility, emerging market development, focus on fuel efficiency and emissions reduction. Major trends in the forecast period include technological advancements in excavator design, hybrid and electric excavators, telematics and IoT integration, autonomous and remote-controlled excavators, rental market growth, rise in compact and mini excavators.

Excavator Market Driver: Global Construction Boom Fuels Excavator Market Growth

The growing construction industry across the globe is contributing to the growth of the excavator market. The construction industry refers to the industrial division of production and trade that is concerned with the construction, repair, renovation, and maintenance of infrastructure. The construction industry uses an excavator as it offers advantages such as easily navigating rough terrain, being highly versatile, and being able to be transported easily and efficiently. For instance, in May 2022, according to the National Highways Authority of India report, an autonomous agency of the government of India that develops, maintains, and manages national highways, the rate of annual construction of four-, six-, and eight-lane national highways had increased by more than 300% in seven years, reaching 3,963 km during 2021–22. Therefore, the increased growth of the construction industry is anticipated to propel the excavator market growth over the coming years.

Excavator Market Driver: Global Trade Surge Fuels Growth In The Excavator Market

The increase in global trade is expected to boost the growth of the excavator market going forward. Global trade refers to the exchange of goods, services, and capital across international borders or territories. The rise in global trade spurs demand for excavators across port development, cargo handling, and infrastructure projects, where they play a pivotal role in facilitating the efficient movement of goods and contributing to the growth and enhancement of trade-related infrastructure. For instance, in September 2023, according to a report published by the United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization, maritime trade is anticipated to increase by 2.4% in 2023 and by more than 2% from 2024 to 2028. As pandemic constraints loosened, the oil and gas trades in the energy sector increased by 6.0% and 4.6%, respectively, in 2022. Therefore, the increase in global trade is driving the growth of the excavator market.

Global Excavator Market Major Players

Major companies operating in the excavator market are Caterpillar Inc., Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., JCB Limited, Komatsu Limited, Terex Corporation, Volvo Construction Equipment, Liebherr Group, Kobelco Construction Machinery Co. Ltd., Sany Heavy Industries Co. Ltd., Bobcat Company, LiuGong Machinery Corporation, CNH Industrial NV, BEML Limited, Takeuchi Mfg Company Limited, Xuzhou Construction Machinery Group Co. Ltd., Doosan Infracore Co. Ltd., Wacker Neuson SE, Yanmar Holdings Co. Ltd., Bell Equipment Limited, Foton Lovol International Heavy Industry Co. Ltd., Deere & Company, Kato Works Co. Ltd., Kubota Corporation, Mahindra & Mahindra Ltd., Manitou Group, Mitsubishi Heavy Industries Ltd.

Global Excavator Market Trend: Product Innovation Drives Growth In The Excavators Market

Major companies operating in the excavator market are developing innovative products such as demolition excavators to meet larger customer bases, more sales, and increase revenue. A demolition excavator refers to a specialized type of excavator designed and equipped for the purpose of demolishing structures and buildings. For instance, in February 2023, Volvo Construction Equipment, a Sweden-based manufacturer of construction equipment, launched the EC300E Straight Boom demolition excavator. Distinguishing itself in the Volvo CE demolition lineup, the EC300E Straight Boom crawler excavator stands out alongside the EC380E Straight Boom model. Deviating from the conventional boom-and-stick configuration seen in digging-centric excavators, this crawler features a purpose-built arm paired with an impressive 23-foot-long straight boom. The extended length of the straight boom provides remarkable height and reaches advantages compared to its standard counterparts. Ensuring operator safety, the cab is fortified against falling debris with a frame-mounted Falling Objects Guard while maintaining clear visibility of the worksite. The roof window and front one-piece glass, constructed from impact-resistant P5A, further contribute to the excavator's resilience in demanding demolition environments.

Global Excavator Market Trend: Innovative Advancements Drive Growth Of The Excavators Market

Major companies operating in the excavator market are developing innovative products such as mini excavators to meet larger customer bases, more sales, and increase revenue. Mini excavators, also known as compact excavators or mini diggers, refer to small-sized hydraulic excavators designed for versatile and precise digging and excavation tasks in confined spaces. For instance, in June 2023, Kubota Corporation, a Japan-based machinery company, launched the 8.5-ton mini-excavator. The unique feature of the new mini-excavator includes the option to be equipped with a two-piece boom, providing an expanded working range, impressive dumping capabilities, and increased efficiency in narrow spaces. Additionally, the innovative hydraulic mechanism allows operators to effortlessly control the arm, boom, bucket, and swivel simultaneously, enhancing work efficiency and overall productivity.

Excavator Market Merger And Acquisition: Epiroc AB Acquired STANLEY Infrastructure to Strengthen US Market Presence in Excavator Attachments and Hydraulic Tools.

In April 2024, Epiroc AB, a Sweden-based, provider of mining and infrastructure equipment, acquired STANLEY Infrastructure for an undisclosed amount. This acquisition is aimed at enhancing Epiroc's presence in the excavator attachments and handheld hydraulic tools market, particularly within the US infrastructure and construction sectors. STANLEY Infrastructure is a US-based global manufacturer of high-performance equipment, specializing in attachments for excavators and hydraulic tools.

Regional Outlook For The Global Excavator Market

Asia-Pacific was the largest region in the excavator market in 2024. The regions covered in the excavator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the excavator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Excavator Market?

The excavator market consists of sales of heavy excavators, dragline excavators, and backhoe and suction excavators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Excavator Industry?

The excavator market research report is one of a series of new reports from The Business Research Company that provides excavator market statistics, including excavator industry global market size, regional shares, competitors with an excavator market share, detailed excavator market segments, market trends and opportunities, and any further data you may need to thrive in the excavator industry. This excavator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Excavator Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $55.72 billion
Revenue Forecast In 2034 $69.29 billion
Growth Rate CAGR of 5.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Mini Or Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type
2) By Operating Weight: Up To 50K Kg, 51K to 75K Kg, 76K Kg And Above
3) By Mechanism Type: Electric, Hydraulic, Hybrid
4) By Power Range: 0-300 BHP, 300-500 BHP, 500 And Above
5) By End-Use Industry: Construction, Forestry And Agriculture, Mining, Other End-Use Industry Subsegments: 1) By Mini Or Compact Excavator: Less Than 5 Tons, 5 To 10 Tons
2) By Crawler Excavator: Standard Crawler Excavators, Heavy-Duty Crawler Excavators
3) By Wheeled Excavator: Standard Wheeled Excavators, Heavy-Duty Wheeled Excavators
4) By Other Types: Long Reach Excavators, Amphibious Excavators, Rail Excavators
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Caterpillar Inc., Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., JCB Limited, Komatsu Limited, Terex Corporation, Volvo Construction Equipment, Liebherr Group, Kobelco Construction Machinery Co. Ltd., Sany Heavy Industries Co. Ltd., Bobcat Company, LiuGong Machinery Corporation, CNH Industrial NV, BEML Limited, Takeuchi Mfg Company Limited, Xuzhou Construction Machinery Group Co. Ltd., Doosan Infracore Co. Ltd., Wacker Neuson SE, Yanmar Holdings Co. Ltd., Bell Equipment Limited, Foton Lovol International Heavy Industry Co. Ltd., Deere & Company, Kato Works Co. Ltd., Kubota Corporation, Mahindra & Mahindra Ltd., Manitou Group, Mitsubishi Heavy Industries Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Excavator Market Characteristics

    3. Excavator Market Trends And Strategies

    4. Excavator Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Excavator Growth Analysis And Strategic Analysis Framework

    5.1. Global Excavator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Excavator Market Growth Rate Analysis

    5.4. Global Excavator Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Excavator Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Excavator Total Addressable Market (TAM)

    6. Excavator Market Segmentation

    6.1. Global Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Mini Or Compact Excavator

    Crawler Excavator

    Wheeled Excavator

    Other Type

    6.2. Global Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Up To 50K Kg

    51K to 75K Kg

    76K Kg And Above

    6.3. Global Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Electric

    Hydraulic

    Hybrid

    6.4. Global Excavator Market, Segmentation By Power Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    0-300 BHP

    300-500 BHP

    500 And Above

    6.5. Global Excavator Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Construction

    Forestry And Agriculture

    Mining

    Other End-Use Industry

    6.6. Global Excavator Market, Sub-Segmentation Of Mini Or Compact Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Less Than 5 Tons

    5 To 10 Tons

    6.7. Global Excavator Market, Sub-Segmentation Of Crawler Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Standard Crawler Excavators

    Heavy-Duty Crawler Excavators

    6.8. Global Excavator Market, Sub-Segmentation Of Wheeled Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Standard Wheeled Excavators

    Heavy-Duty Wheeled Excavators

    6.9. Global Excavator Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Long Reach Excavators

    Amphibious Excavators

    Rail Excavators

    7. Excavator Market Regional And Country Analysis

    7.1. Global Excavator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Excavator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Excavator Market

    8.1. Asia-Pacific Excavator Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Excavator Market

    9.1. China Excavator Market Overview

    9.2. China Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Excavator Market

    10.1. India Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Excavator Market

    11.1. Japan Excavator Market Overview

    11.2. Japan Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Excavator Market

    12.1. Australia Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Excavator Market

    13.1. Indonesia Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Excavator Market

    14.1. South Korea Excavator Market Overview

    14.2. South Korea Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Excavator Market

    15.1. Western Europe Excavator Market Overview

    15.2. Western Europe Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Excavator Market

    16.1. UK Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Excavator Market

    17.1. Germany Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Excavator Market

    18.1. France Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Excavator Market

    19.1. Italy Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Excavator Market

    20.1. Spain Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Excavator Market

    21.1. Eastern Europe Excavator Market Overview

    21.2. Eastern Europe Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Excavator Market

    22.1. Russia Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Excavator Market

    23.1. North America Excavator Market Overview

    23.2. North America Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Excavator Market

    24.1. USA Excavator Market Overview

    24.2. USA Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Excavator Market

    25.1. Canada Excavator Market Overview

    25.2. Canada Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Excavator Market

    26.1. South America Excavator Market Overview

    26.2. South America Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Excavator Market

    27.1. Brazil Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Excavator Market

    28.1. Middle East Excavator Market Overview

    28.2. Middle East Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Excavator Market

    29.1. Africa Excavator Market Overview

    29.2. Africa Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Excavator Market Competitive Landscape And Company Profiles

    30.1. Excavator Market Competitive Landscape

    30.2. Excavator Market Company Profiles

    30.2.1. Caterpillar Inc. Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Hitachi Construction Machinery Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Hyundai Heavy Industries Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. JCB Limited Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Komatsu Limited Overview, Products and Services, Strategy and Financial Analysis

    31. Excavator Market Other Major And Innovative Companies

    31.1. Terex Corporation

    31.2. Volvo Construction Equipment

    31.3. Liebherr Group

    31.4. Kobelco Construction Machinery Co. Ltd.

    31.5. Sany Heavy Industries Co. Ltd.

    31.6. Bobcat Company

    31.7. LiuGong Machinery Corporation

    31.8. CNH Industrial NV

    31.9. BEML Limited

    31.10. Takeuchi Mfg Company Limited

    31.11. Xuzhou Construction Machinery Group Co. Ltd.

    31.12. Doosan Infracore Co. Ltd.

    31.13. Wacker Neuson SE

    31.14. Yanmar Holdings Co. Ltd.

    31.15. Bell Equipment Limited

    32. Global Excavator Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Excavator Market

    34. Recent Developments In The Excavator Market

    35. Excavator Market High Potential Countries, Segments and Strategies

    35.1 Excavator Market In 2029 - Countries Offering Most New Opportunities

    35.2 Excavator Market In 2029 - Segments Offering Most New Opportunities

    35.3 Excavator Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Excavator Market, Segmentation By Power Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Excavator Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Excavator Market, Sub-Segmentation Of Mini Or Compact Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Excavator Market, Sub-Segmentation Of Crawler Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Excavator Market, Sub-Segmentation Of Wheeled Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Excavator Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Excavator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Excavator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Caterpillar Inc. Financial Performance
  • Table 81: Hitachi Construction Machinery Co. Ltd. Financial Performance
  • Table 82: Hyundai Heavy Industries Co. Ltd. Financial Performance
  • Table 83: JCB Limited Financial Performance
  • Table 84: Komatsu Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Excavator Market, Segmentation By Power Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Excavator Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Excavator Market, Sub-Segmentation Of Mini Or Compact Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Excavator Market, Sub-Segmentation Of Crawler Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Excavator Market, Sub-Segmentation Of Wheeled Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Excavator Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Excavator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Excavator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Caterpillar Inc. Financial Performance
  • Figure 81: Hitachi Construction Machinery Co. Ltd. Financial Performance
  • Figure 82: Hyundai Heavy Industries Co. Ltd. Financial Performance
  • Figure 83: JCB Limited Financial Performance
  • Figure 84: Komatsu Limited Financial Performance
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Frequently Asked Questions

What is the definition of the excavator market?

An excavator refers to construction equipment used in the construction industry to extract earth, move, or transport loose gravel, sand, or soil on a construction site. These excavators help with picking and placing, digging, landscaping, demolition, and material handling tasks. For further insights on the excavator market, request a sample here

How will the excavator market drivers and restraints affect the excavator market dynamics? What forces will shape the excavator industry going forward?

The excavator market major growth driver - An excavator refers to construction equipment used in the construction industry to extract earth, move, or transport loose gravel, sand, or soil on a construction site. These excavators help with picking and placing, digging, landscaping, demolition, and material handling tasks.. For further insights on the excavator market, request a sample here

What is the forecast market size or the forecast market value of the excavator market?

The excavator market size has grown strongly in recent years. It will grow from $52.8 billion in 2024 to $55.72 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to earthmoving and excavation needs, construction industry growth, mining sector expansion, demolition operations, utility and pipeline installation, landscaping and grading, forestry and logging. The excavator market size is expected to see strong growth in the next few years. It will grow to $69.29 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to focus on operator comfort and safety, focus on sustainability, versatility in attachment compatibility, emerging market development, focus on fuel efficiency and emissions reduction. Major trends in the forecast period include technological advancements in excavator design, hybrid and electric excavators, telematics and IoT integration, autonomous and remote-controlled excavators, rental market growth, rise in compact and mini excavators. For further insights on the excavator market, request a sample here

How is the excavator market segmented?

The excavator market is segmented
1) By Type: Mini Or Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type
2) By Operating Weight: Up To 50K Kg, 51K to 75K Kg, 76K Kg And Above
3) By Mechanism Type: Electric, Hydraulic, Hybrid
4) By Power Range: 0-300 BHP, 300-500 BHP, 500 And Above
5) By End-Use Industry: Construction, Forestry And Agriculture, Mining, Other End-Use Industry Subsegments:
1) By Mini Or Compact Excavator: Less Than 5 Tons, 5 To 10 Tons
2) By Crawler Excavator: Standard Crawler Excavators, Heavy-Duty Crawler Excavators
3) By Wheeled Excavator: Standard Wheeled Excavators, Heavy-Duty Wheeled Excavators
4) By Other Types: Long Reach Excavators, Amphibious Excavators, Rail ExcavatorsFor further insights on the excavator market,
request a sample here

Which region has the largest share of the excavator market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the excavator market in 2024. The regions covered in the excavator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the excavator market, request a sample here.

Who are the major players in the excavator market?

Major companies operating in the excavator market are developing innovative products such as mini excavators to meet larger customer bases, more sales, and increase revenue. Mini excavators, also known as compact excavators or mini diggers, refer to small-sized hydraulic excavators designed for versatile and precise digging and excavation tasks in confined spaces. For instance, in June 2023, Kubota Corporation, a Japan-based machinery company, launched the 8.5-ton mini-excavator. The unique feature of the new mini-excavator includes the option to be equipped with a two-piece boom, providing an expanded working range, impressive dumping capabilities, and increased efficiency in narrow spaces. Additionally, the innovative hydraulic mechanism allows operators to effortlessly control the arm, boom, bucket, and swivel simultaneously, enhancing work efficiency and overall productivity. For further insights on the excavator market, request a sample here.

What are the key trends in the excavator market?

Major trend in the excavator market - Product Innovation Drives Growth In The Excavators Market. For further insights on the excavator market, request a sample here.

What are the major opportunities in the excavator market? What are the strategies for the excavator market?

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How does the excavator market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the excavator industry?

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What are the key dynamics influencing the excavator market growth? SWOT analysis of the excavator market.

For detailed insights on the key dynamics influencing the excavator market growth and SWOT analysis of the excavator industry, request a sample here.