Global Hydraulic Excavators Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hydraulic Excavators Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A hydraulic excavator (digger) is a large vehicle that is designed for excavation and demolition purposes. Hydraulic excavators consist of a chassis, boom, and bucket, and move via tracks or wheels. They range in size and function, an example of which is the similar but smaller “mini excavator.”

According to our (Global Info Research) latest study, the global Hydraulic Excavators market size was valued at US$ 47960 million in 2023 and is forecast to a readjusted size of USD 64180 million by 2030 with a CAGR of 4.3% during review period.

Global main manufacturers of excavator include Caterpillar, SANY and Kubota, etc. The top three players hold a share about 36%. Asia-Pacific is the largest market, has a share about 62%, followed by Europe, with share 10%. In terms of product type, large excavators (over 30 tons) are the largest segment, accounting for approximately 39% of the market share. At the same time, in terms of applications, public facilities are the largest downstream sector, accounting for approximately 41%.

This report is a detailed and comprehensive analysis for global Hydraulic Excavators market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Hydraulic Excavators market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Hydraulic Excavators market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Hydraulic Excavators market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Hydraulic Excavators market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hydraulic Excavators

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hydraulic Excavators market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar, Hitachi Construction Machinery, Komatsu, CNH Industrial (CASE), Sumitomo, Hyundai Construction Equipment, Kobelco, Liebherr, John Deere, SANY, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Hydraulic Excavators market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Mini Excavator (Below 6t)
Small Excavator (6-15t)
Medium-Sized Excavator (15-30t)
Large-Sized Excavator (Above 30t)

Market segment by Application
Building/Real Estate
Public Utilities
Mining and Oil Well
Others

Major players covered
Caterpillar
Hitachi Construction Machinery
Komatsu
CNH Industrial (CASE)
Sumitomo
Hyundai Construction Equipment
Kobelco
Liebherr
John Deere
SANY
XCMG
Kato Works
Develon
JCB
Volvo
Zoomlion
Liugong Group
Sunward
Lonking
Shantui

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hydraulic Excavators product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hydraulic Excavators, with price, sales quantity, revenue, and global market share of Hydraulic Excavators from 2019 to 2024.

Chapter 3, the Hydraulic Excavators competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hydraulic Excavators breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hydraulic Excavators market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hydraulic Excavators.

Chapter 14 and 15, to describe Hydraulic Excavators sales channel, distributors, customers, research findings and conclusion.