Global Excavator Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Excavator Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Excavators are heavy Construction Machinery consisting of a boom, dipper (or stick), bucket and cab on a rotating platform known as the house. The house sits atop an undercarriage with tracks or wheels. They are a natural progression from the steam shovels and often mistakenly called power shovels. All movement and functions of a hydraulic excavator are accomplished through the use of hydraulic fluid, with hydraulic cylinders and hydraulic motors. Due to the linear actuation of hydraulic cylinders, their mode of operation is fundamentally different from cable-operated excavators which use winches and steel ropes to accomplish the movements.
According to APO Research, The global Excavator market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Excavator is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Excavator is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Excavator is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Excavator include Caterpillar, Kubota, SANY, Komatsu, XCMG, Hitachi, Doosan, SDLG and Volvo, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Excavator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Excavator.
The Excavator market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Excavator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Caterpillar
Kubota
SANY
Komatsu
XCMG
Hitachi
Doosan
SDLG
Volvo
Liugong Machinery
Kobelco
John Deere
Hyundai
Zoomlion
Takeuchi
JCB
Yanmar
Sunward
Sumitomo
CASE
Excavator segment by Type

Mini Excavator (below 6t)
Small Excavator (6-15t)
Medium-Sized Excavator (15-30t)
Large-Sized Excavator (Above 30t)
Excavator segment by Application

Building/Real Estate
Public Utilities
Mining and Oil Well
Others
Excavator Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Excavator market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Excavator and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Excavator.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Excavator manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Excavator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Excavator Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Excavator Sales Estimates and Forecasts (2019-2030)
1.3 Excavator Market by Type
1.3.1 Mini Excavator (below 6t)
1.3.2 Small Excavator (6-15t)
1.3.3 Medium-Sized Excavator (15-30t)
1.3.4 Large-Sized Excavator (Above 30t)
1.4 Global Excavator Market Size by Type
1.4.1 Global Excavator Market Size Overview by Type (2019-2030)
1.4.2 Global Excavator Historic Market Size Review by Type (2019-2024)
1.4.3 Global Excavator Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Excavator Sales Breakdown by Type (2019-2024)
1.5.2 Europe Excavator Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Excavator Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Excavator Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Excavator Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Excavator Industry Trends
2.2 Excavator Industry Drivers
2.3 Excavator Industry Opportunities and Challenges
2.4 Excavator Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Excavator Revenue (2019-2024)
3.2 Global Top Players by Excavator Sales (2019-2024)
3.3 Global Top Players by Excavator Price (2019-2024)
3.4 Global Excavator Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Excavator Key Company Manufacturing Sites & Headquarters
3.6 Global Excavator Company, Product Type & Application
3.7 Global Excavator Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Excavator Market CR5 and HHI
3.8.2 Global Top 5 and 10 Excavator Players Market Share by Revenue in 2023
3.8.3 2023 Excavator Tier 1, Tier 2, and Tier 3
4 Excavator Regional Status and Outlook
4.1 Global Excavator Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Excavator Historic Market Size by Region
4.2.1 Global Excavator Sales in Volume by Region (2019-2024)
4.2.2 Global Excavator Sales in Value by Region (2019-2024)
4.2.3 Global Excavator Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Excavator Forecasted Market Size by Region
4.3.1 Global Excavator Sales in Volume by Region (2025-2030)
4.3.2 Global Excavator Sales in Value by Region (2025-2030)
4.3.3 Global Excavator Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Excavator by Application
5.1 Excavator Market by Application
5.1.1 Building/Real Estate
5.1.2 Public Utilities
5.1.3 Mining and Oil Well
5.1.4 Others
5.2 Global Excavator Market Size by Application
5.2.1 Global Excavator Market Size Overview by Application (2019-2030)
5.2.2 Global Excavator Historic Market Size Review by Application (2019-2024)
5.2.3 Global Excavator Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Excavator Sales Breakdown by Application (2019-2024)
5.3.2 Europe Excavator Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Excavator Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Excavator Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Excavator Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Caterpillar
6.1.1 Caterpillar Comapny Information
6.1.2 Caterpillar Business Overview
6.1.3 Caterpillar Excavator Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Caterpillar Excavator Product Portfolio
6.1.5 Caterpillar Recent Developments
6.2 Kubota
6.2.1 Kubota Comapny Information
6.2.2 Kubota Business Overview
6.2.3 Kubota Excavator Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Kubota Excavator Product Portfolio
6.2.5 Kubota Recent Developments
6.3 SANY
6.3.1 SANY Comapny Information
6.3.2 SANY Business Overview
6.3.3 SANY Excavator Sales, Revenue and Gross Margin (2019-2024)
6.3.4 SANY Excavator Product Portfolio
6.3.5 SANY Recent Developments
6.4 Komatsu
6.4.1 Komatsu Comapny Information
6.4.2 Komatsu Business Overview
6.4.3 Komatsu Excavator Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Komatsu Excavator Product Portfolio
6.4.5 Komatsu Recent Developments
6.5 XCMG
6.5.1 XCMG Comapny Information
6.5.2 XCMG Business Overview
6.5.3 XCMG Excavator Sales, Revenue and Gross Margin (2019-2024)
6.5.4 XCMG Excavator Product Portfolio
6.5.5 XCMG Recent Developments
6.6 Hitachi
6.6.1 Hitachi Comapny Information
6.6.2 Hitachi Business Overview
6.6.3 Hitachi Excavator Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Hitachi Excavator Product Portfolio
6.6.5 Hitachi Recent Developments
6.7 Doosan
6.7.1 Doosan Comapny Information
6.7.2 Doosan Business Overview
6.7.3 Doosan Excavator Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Doosan Excavator Product Portfolio
6.7.5 Doosan Recent Developments
6.8 SDLG
6.8.1 SDLG Comapny Information
6.8.2 SDLG Business Overview
6.8.3 SDLG Excavator Sales, Revenue and Gross Margin (2019-2024)
6.8.4 SDLG Excavator Product Portfolio
6.8.5 SDLG Recent Developments
6.9 Volvo
6.9.1 Volvo Comapny Information
6.9.2 Volvo Business Overview
6.9.3 Volvo Excavator Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Volvo Excavator Product Portfolio
6.9.5 Volvo Recent Developments
6.10 Liugong Machinery
6.10.1 Liugong Machinery Comapny Information
6.10.2 Liugong Machinery Business Overview
6.10.3 Liugong Machinery Excavator Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Liugong Machinery Excavator Product Portfolio
6.10.5 Liugong Machinery Recent Developments
6.11 Kobelco
6.11.1 Kobelco Comapny Information
6.11.2 Kobelco Business Overview
6.11.3 Kobelco Excavator Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Kobelco Excavator Product Portfolio
6.11.5 Kobelco Recent Developments
6.12 John Deere
6.12.1 John Deere Comapny Information
6.12.2 John Deere Business Overview
6.12.3 John Deere Excavator Sales, Revenue and Gross Margin (2019-2024)
6.12.4 John Deere Excavator Product Portfolio
6.12.5 John Deere Recent Developments
6.13 Hyundai
6.13.1 Hyundai Comapny Information
6.13.2 Hyundai Business Overview
6.13.3 Hyundai Excavator Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Hyundai Excavator Product Portfolio
6.13.5 Hyundai Recent Developments
6.14 Zoomlion
6.14.1 Zoomlion Comapny Information
6.14.2 Zoomlion Business Overview
6.14.3 Zoomlion Excavator Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Zoomlion Excavator Product Portfolio
6.14.5 Zoomlion Recent Developments
6.15 Takeuchi
6.15.1 Takeuchi Comapny Information
6.15.2 Takeuchi Business Overview
6.15.3 Takeuchi Excavator Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Takeuchi Excavator Product Portfolio
6.15.5 Takeuchi Recent Developments
6.16 JCB
6.16.1 JCB Comapny Information
6.16.2 JCB Business Overview
6.16.3 JCB Excavator Sales, Revenue and Gross Margin (2019-2024)
6.16.4 JCB Excavator Product Portfolio
6.16.5 JCB Recent Developments
6.17 Yanmar
6.17.1 Yanmar Comapny Information
6.17.2 Yanmar Business Overview
6.17.3 Yanmar Excavator Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Yanmar Excavator Product Portfolio
6.17.5 Yanmar Recent Developments
6.18 Sunward
6.18.1 Sunward Comapny Information
6.18.2 Sunward Business Overview
6.18.3 Sunward Excavator Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Sunward Excavator Product Portfolio
6.18.5 Sunward Recent Developments
6.19 Sumitomo
6.19.1 Sumitomo Comapny Information
6.19.2 Sumitomo Business Overview
6.19.3 Sumitomo Excavator Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Sumitomo Excavator Product Portfolio
6.19.5 Sumitomo Recent Developments
6.20 CASE
6.20.1 CASE Comapny Information
6.20.2 CASE Business Overview
6.20.3 CASE Excavator Sales, Revenue and Gross Margin (2019-2024)
6.20.4 CASE Excavator Product Portfolio
6.20.5 CASE Recent Developments
7 North America by Country
7.1 North America Excavator Sales by Country
7.1.1 North America Excavator Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Excavator Sales by Country (2019-2024)
7.1.3 North America Excavator Sales Forecast by Country (2025-2030)
7.2 North America Excavator Market Size by Country
7.2.1 North America Excavator Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Excavator Market Size by Country (2019-2024)
7.2.3 North America Excavator Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Excavator Sales by Country
8.1.1 Europe Excavator Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Excavator Sales by Country (2019-2024)
8.1.3 Europe Excavator Sales Forecast by Country (2025-2030)
8.2 Europe Excavator Market Size by Country
8.2.1 Europe Excavator Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Excavator Market Size by Country (2019-2024)
8.2.3 Europe Excavator Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Excavator Sales by Country
9.1.1 Asia-Pacific Excavator Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Excavator Sales by Country (2019-2024)
9.1.3 Asia-Pacific Excavator Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Excavator Market Size by Country
9.2.1 Asia-Pacific Excavator Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Excavator Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Excavator Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Excavator Sales by Country
10.1.1 Latin America Excavator Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Excavator Sales by Country (2019-2024)
10.1.3 Latin America Excavator Sales Forecast by Country (2025-2030)
10.2 Latin America Excavator Market Size by Country
10.2.1 Latin America Excavator Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Excavator Market Size by Country (2019-2024)
10.2.3 Latin America Excavator Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Excavator Sales by Country
11.1.1 Middle East and Africa Excavator Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Excavator Sales by Country (2019-2024)
11.1.3 Middle East and Africa Excavator Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Excavator Market Size by Country
11.2.1 Middle East and Africa Excavator Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Excavator Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Excavator Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Excavator Value Chain Analysis
12.1.1 Excavator Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Excavator Production Mode & Process
12.2 Excavator Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Excavator Distributors
12.2.3 Excavator Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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