Excavators Market Size, Share, Opportunities, And Trends By Type (Crawlers and Wheel-Based, Mini Excavators), By Customer Type (Regular Customers, Rental Companies), By End User (Residential, Commercial, Industrial), And By Geography - Forecasts From 2025 To 2030

 

Excavator is one of the major machines used in the building and construction industry for a wide range of applications including excavating, moving construction material, and removing debris among others. The demand for excavators is witnessing significant growth due to rising investment in the construction industry in major developing economies. Simultaneously, the rising number of construction orders for residential and commercial buildings in the developed regions, on account of aging structures in these sectors, will add to the growing demand for excavators. Rising investments into research and development by major market players, in order to develop and market state-of-the-art equipment and boost the company’s growth, will augment the demand for excavators over the next five years.

 

By end-user, the excavator market is segmented as residential, commercial, and industrial. Industrial and commercial segments together account for the largest share in this market on account of an increasing number of huge projects in these sectors worldwide. However, the market in the residential sector is expected to witness impressive growth over the projected period and this growth will majorly be attributed to rapidly growing urbanization and the rising number of vast housing projects in many regions across the globe. 

 

By geography, the excavators market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The market in the Asia Pacific region holds the largest share on account of huge investments streaming into infrastructure development and the residential sector. Europe and North America also hold a significant share in this market. Regions like the Middle East and Africa, and South America hold a relatively small share in this market.

 

DRIVERS

Growing infrastructure spending in many regions

Rising investments into research and development by major market players

 

RESTRAINTS

Long working life span of excavators

 

The major players profiled in the Excavators market include Caterpillar, Komatsu Ltd, AB Volvo, Hitachi Construction Machinery Co., Ltd., Liebherr, Hyundai Construction Equipment and Terex Corporation among others.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Forces Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. Excavators Market by Type

5.1. Crawlers and Wheel-Based

5.2. Mini Excavators

6. Excavators Market by Customer Type

6.1. Regular Customers

6.2. Rental Companies

7. Excavators Market by End User

7.1. Residential

7.2. Commercial         

7.3. Industrial

8. Excavators Market by Geography

8.1. North America

8.1.1. United States

8.1.2. Canada

8.1.3. Mexico

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.3. Europe

8.3.1. UK

8.3.2. Germany

8.3.3. France

8.3.4. Italy

8.3.5. Others

8.4. Middle East and Africa

8.4.1. Saudi Arabia

8.4.2. UAE

8.4.3. Israel

8.5. Asia Pacific

8.5.1. Japan

8.5.2. China

8.5.3. India

8.5.4. Australia

8.5.5. Others

9. Competitive Intelligence

9.1. Competitive Benchmarking and Analysis

9.2. Recent Investments And Deals

9.3. Strategies of Key Players

10. Company Profiles

10.1. Caterpillar

10.2. Komatsu Ltd

10.3. AB Volvo

10.4. Hitachi Construction Machinery Co., Ltd.

10.5. Liebherr

10.6. Hyundai Construction Equipment 

10.7. Zoomlion Heavy Industry Science & Technology Co., Ltd.

10.8. Terex Corporation

10.9. Doosan Infracore

10.10. Deere & Company

LIST OF FIGURES

LIST OF TABLES

Caterpillar

Komatsu Ltd

AB Volvo

Hitachi Construction Machinery Co., Ltd.

Liebherr

Hyundai Construction Equipment 

Zoomlion Heavy Industry Science & Technology Co., Ltd.

Terex Corporation

Doosan Infracore

Deere & Company