Excavator Market Report: Trends, Forecast and Competitive Analysis

The future of the excavators market looks promising with opportunities in the mining, sewage disposal, commercial, residential, and oil & gas construction applications. The global excavator market is expected to grow with a CAGR of 28% from 2019 to 2024. The major drivers for this market are increasing requirement for large-scale project management, stringent emission regulations for construction machinery, growth in infrastructure development, and rise in urbanization.

A total 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of excavators’ market report download the report brochure.



The study includes the excavator market size and forecast for the global excavators market through 2024, segmented by product type, size, power range, mechanism, end use, and region as follows:

By Product Type [$M shipment analysis for 2013 – 2024}

• Compact Excavators
• Crawler Excavators
• Dragline Excavators
• Backhoe
• Suction Excavators

By Size [$M shipment analysis for 2013 – 2024}

• Mini/Compact (<13,227 lbs)
• Medium (13,227-22,046 lbs)
• Standard/Full Size (22,046- 198,416 lbs)
• Heavy Excavator (>198,416 lbs)

By Power Range [$M shipment analysis for 2013 – 2024}

• 0-300 BHP
• 300-500 BHP
• 500 & Above

By Mechanism [$M shipment analysis for 2013 – 2024}

• Electric
• Hydraulic
• Hybrid

By End Use [$M shipment analysis for 2013 – 2024}

• Mining
• Sewage Disposal
• Oil and Gas Construction
• Construction
  • Commercial Construction
  • Residential Construction

By Region [$M shipment analysis for 2013 – 2024}

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
• Rest of the World
  • Brazil
  • Turkey

Some of the excavators companies profiled in this report include BEML, Caterpillar, Hitachi Construction Machinery, JCB (Shanghai) Construction Machinery, Komatsu, Liebherr International, Sany Heavy Industry, Terex, Volvo Construction, and Others.

Some of the features of "Global Excavators Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include:

• Market size estimates:Global excavators market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis:Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.
• Segmentation analysis:Global market size by various applications such as by product type, size, power range, mechanism, end use, and region.
• Regional analysis:Global excavators market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities:Analysis on growth opportunities in different applications and regions for excavators in the global excavators market.
• Strategic analysis:This includes M&A, new product development, and competitive landscape for, excavators in the global excavators market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global excavators market by product type (compact excavator, crawler excavators, backhoe, suction excavators, and dragline excavators), size (mini/compact, medium, standard/full size, and heavy excavator), power range (0-300 BHP, 300-500 BHP, and 500 & above), mechanism (electric, hydraulic, and hybrid), end use (mining, sewage disposal, oil & gas construction, and construction), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the excavators market?
Q.5 What are the business risks and threats to the excavators market?
Q.6 What are emerging trends in this excavators market and the reasons behind them?
Q.7 What are some changing demands of customers in the excavators market?
Q.8 What are the new developments in the excavators market? Which companies are leading these developments?
Q.9 Who are the major players in this excavators market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this excavators area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in this, excavators market?