Hydraulic Excavators in South America

Hydraulic Excavators in South America

Summary

Hydraulic Excavators in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Hydraulic excavator is a large vehicle designed for excavation and demolition. Hydraulic excavators are completely dependent on hydraulic systems. The undercarriage of the hydraulic excavator consists of a track or wheeled platform and enables the vehicle to be transported by supporting it on the undercarriage. The platform allows driver to control the hydraulic excavator by using levers to steer the vehicle, raise and lower the boom and operate the bucket. Crawler hydraulic excavator, Dragline hydraulic excavator, Suction hydraulic excavator, Skid steer hydraulic excavator, and long reach hydraulic excavator are in our scope. After sales market is not in our scope.
• The South American hydraulic excavator market experienced strong growth during 2018-23. In 2023, the market recorded an annual growth of 12.3%. The market is expected to continue to see strong growth over the forecast period of 2023-28.
• The South American hydraulic excavator market consumption volume increased with a CAGR of 23.5% between 2018 and 2023, to reach a total of 38,098 units in 2023.
• The South American region is the fourth-largest region, accounting for 15.2% of the global hydraulic excavator market in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hydraulic excavators market in South America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hydraulic excavators market in South America
• Leading company profiles reveal details of key hydraulic excavators market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South America hydraulic excavators market with five year forecasts

Reasons to Buy

• What was the size of the South America hydraulic excavators market by value in 2023?
• What will be the size of the South America hydraulic excavators market in 2028?
• What factors are affecting the strength of competition in the South America hydraulic excavators market?
• How has the market performed over the last five years?
• What are the main segments that make up South America's hydraulic excavators market?