Global Hydraulic Excavators Market Growth 2025-2031

Global Hydraulic Excavators Market Growth 2025-2031

The global Hydraulic Excavators market size is predicted to grow from US$ 47400 million in 2025 to US$ 61960 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.

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.”

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%.

LP Information, Inc. (LPI) ' newest research report, the “Hydraulic Excavators Industry Forecast” looks at past sales and reviews total world Hydraulic Excavators sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydraulic Excavators sales for 2025 through 2031. With Hydraulic Excavators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Excavators industry.

This Insight Report provides a comprehensive analysis of the global Hydraulic Excavators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydraulic Excavators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydraulic Excavators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Excavators and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydraulic Excavators.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Excavators market by product type, application, key manufacturers and key regions and countries.

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

Segmentation by Application:
Building/Real Estate
Public Utilities
Mining and Oil Well
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydraulic Excavators market?

What factors are driving Hydraulic Excavators market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hydraulic Excavators market opportunities vary by end market size?

How does Hydraulic Excavators break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.