Global Excavator Market Outlook, 2027

Global Excavator Market is segmented into 5 regions: North America, Europe, Asia Pacific, South America, Middle East, & Africa Excavator Market.

Featured Companies

  • 1. Caterpillar Private Limited
  • 2. CNH Industrial
  • 3. Doosan Infracore
  • 4. Epiroc
  • 5. Hitachi Construction Machinery Co. Ltd
  • 6. J C Bamford Excavators Ltd
  • 7. John Deere Ltd
  • 8. Kobe Steel Ltd
  • 9. Komatsu
  • More...

Excavators generally have a multipurpose usage, such as earth digging, mining, loading, quarrying, and others. This machinery is capable of working in three dimensions and all directions. The revenues can be increased by reducing the operating time through conversion ratio and running time calculation. Hydraulic excavators are popular because of their ability to provide automated services, reduce response time, and achieve effective process management. The most common types of excavators are crawlers; mini excavators; dragline excavators; suction excavators; skid steers; and long-reach excavators. These features provide superior digging power and mobility, allowing this heavy equipment to perform a variety of functions such as digging trenches, breaking holes, lifting away waste, and excavating mines. Though the purchase decision of the end users depends on the purpose of the excavator, the manufacturers have always incorporated many additional features to increase the purchase value and give a greater return on their investments.

According to the report, "Global Excavator Market Outlook, 2027" published by Bonafide research, the market stood at around 46 billion in size, which is projected to reach nearly 65 billion by 2027. Furthermore, the market is expected to grow at a 6% CAGR between 2022 and 2027.The construction industry, but also the demand for excavators, is affected largely by the increase in investment by the government in infrastructural developments, mining, large-scale agriculture, forest clearing, and others. The higher productivity with optimum fuel usage is the prime factor that the customer looks for in such construction support types of equipment, as the investment made behind such a purchase is high.

The excavator market size is anticipated to witness healthy growth from 2021 to 2027, driven by the increasing demand for transportation and unloading of excavated materials in the construction and manufacturing sectors across the globe. The high usage of excavators in material handling and infrastructure development applications will drive industry demand. The rising excavation of minerals for use in several industries is creating a demand for excavators. In addition to that, commercial and residential infrastructure developments under smart city initiatives will require heavy machines for various applications, including the demolition of old buildings, further creating equipment demand. The rising demand for hydraulic and long-reach excavators for low-level and high-level demolition is fueling the industry statistics.

With growing automation and technical advancements, manufacturers are implementing digital assistance tools for efficient control and optimal performance. For instance, in March 2017, Volvo launched Dig Assist technology that offers real-time guidance to enhance operator productivity. The introduction of such solutions will increase the demand for advanced machines, resulting in a rise in the excavator market revenue. Also, the implementation of cameras, sensors, and machine monitoring systems will assist operators to do their job efficiently. Telematics is a new trend for excavators. It uses a large amount of data for predictive analysis to automate the functioning of excavators. The visual guidance system allows operators to input parameters, such as depth and slope, offering operational efficiency. The excavation procedure is a contaminative process and creates harmful environmental conditions, resulting in the introduction of eco-friendly electric excavators. For instance, in January 2019, Caterpillar launched a new electric excavator with a 26-ton capacity and a 300 kWh battery pack. As excavators are cost-sensitive, their performance characteristics, efficiency, and flexibility have the biggest impact on the purchasing decisions of customers. Leading manufacturers in the excavator market aim to deliver unique performance features to attract more customers, especially in saturated markets. The expanding construction industry around the world, as well as the growing demand for robust, effective, and mobile construction equipment over heavy construction equipment, is the primary drivers of the excavators market. The increasing construction of infrastructure and roads is anticipated to increase rapidly in developing countries such as China and India, which is creating opportunities for the excavating market in the coming years. Also, the excavator market value trends propose that there has been a growing degree of collaboration between rental fleet owners and excavator producers and manufacturers that is also projected to drive the growth of the market as they deliver the excavators at a very low cost, which falls within the spending capacity of the market customers and international target audience. The increment in investments is also likely to push the market size towards expansion.

The increasing demand for excavators among construction equipment operators for excavating, grading, and site preparation activities is the primary factor driving market growth. The demand for wheeled excavators is expected to rise over the forecast period as urban infrastructure, roads and highways, and the mining sector expand. Wheeled excavators are majorly used in urban areas, and projects such as smart cities and megacities are boosting their requirements. On the other hand, an upswing in the number of large-scale projects in the mining, road and port construction, and oil and gas construction segments has led to a surge in demand for excavators on an international level. The emergence of the concept of excavator rentals is another foremost driving factor, as it allows operators and producers to utilize the equipment without heavy capital investments and make maximum usage of the equipment.

Apart from efficiency-related features of excavators, operators’ safety and environmental compatibility are being focused on by most manufacturers and vendors in the excavator market. By using next-generation technologies, excavator manufacturers are offering features that can guide the operator about slope and depth to grade and prevent excavator parts from moving out of set points defined by the operator.

Recent Developments:

Caterpillar Inc.—the world’s leading player in the excavator market—recently announced that the incorporation of its latest Cat Connect Technology in the design of its three new Next Generation 20-ton size class excavators—the 320 GC, 320, and 323—has resulted in enhanced efficiency, productivity, and reduced operating costs.
Volvo Construction Equipment and Services, Inc. announced that, with the use of its cable-connected and dual-powered 70-ton excavator prototype – EX1 in its’ Electric Site'research project, the company reduced carbon emissions by 98%, energy costs by 70%, and operational costs by 40%. The company carried out this experiment with its customer, Skanska AB, a Swedish construction and development company.

Hitachi Construction Machinery Co., Ltd., a Japanese manufacturer of construction equipment, recently launched a new generation of mining excavators – the EX-7 series, with which the company aims to introduce the Industrial Internet of Things to the mining industry. The series includes excavators with sizes ranging from 100 tonnes to 800 tons. Connectivity, productivity, and safety features to suit their mining-specific applications are among the salient features of these excavators.

COVID-19 impacts
The onset of the novel corona-virus pandemic has been a huge blow to the excavators’ market share that was anticipated to grow during the forecast period that will end in 2027. The limitations, like the implementation of lockdown followed by the rising need for employment and funds, are hampering the ability of the market to grow. However, as the period commences, the global market operations are likely to commence with the ease of restrictions, and hence, positive attributes are in store for the market. For the first couple of years in the forecasted period, the excavator market is likely to fall back by value due to the COVID-19 pandemic. The pandemic is likely to leave the economy shaken, resulting in a fall in construction and the real estate industry. The spread of the corona-virus led to the enforcement of a lockdown to curb the spread of the virus. This led to travel restrictions and supply chain disruptions, which affected the growth of the excavator attachments market. The cancellation of various construction and mining projects amid the lockdown period hampered the market's growth significantly. However, with the lift of lockdown, the growth of the end-use industries is likely to gain momentum and thus drive the market growth.

Major Companies Present In the Market
Caterpillar Private Limited, CNH Industrial, Doosan Infracore, Epiroc Construction Machinery Co. Ltd, Hitachi Construction Machinery Co. Ltd, J C Bamford Excavators Ltd, John Deere Ltd, Kobe Steel Ltd, Komatsu Ltd., Kubota Corporation, Liebherr Group, Metso Corporation, Sandvik Mining And Rock Technology, Sany Group, Terex Corporation, Volvo Construction Equipments, XCMG Ltd. , Zoomlion Co. Ltd

Considered In the Report
• Geography: Global
• Historical year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecasted year: 2027

Regions and Countries covered:
• North America (US, Canada, Mexico)
• Europe (Germany, UK, Russia, Spain, France, Italy)
• Asia-Pacific (Japan, India, China, Australia)
• South America (Brazil, Argentina, Columbia)
• Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa)

Aspects Covered In the Report
• Market Size By Value for the historic time period (2016-2021)
• Market Size By Value for the forecast time period (2022-2027)
• Market Share by Application (Construction, Mining, utility & agriculture)
• Market Share by Machine Type (Mini Excavator, Crawler, Wheeled, Others)
• Market Share by Region (2016, 2021 & 2027F)
• Market Share by Country (2016, 2021 & 2027F)

The approach of the report:
We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free.

Intended Audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the construction machinery and excavator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.





What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Manmayi Raval

Manmayi Raval

Research Consultant

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Manmayi Raval

Companies Mentioned

  • Caterpillar Private Limited
  • CNH Industrial
  • Doosan Infracore
  • Epiroc
  • Hitachi Construction Machinery Co. Ltd
  • J C Bamford Excavators Ltd
  • John Deere Ltd
  • Kobe Steel Ltd
  • Komatsu
  • Kubota Corporation
  • Liebherr
  • Metso
  • Sandvik Mining And Rock Technology
  • Sany
  • Terex Corporation
  • Volvo Construction Equipments
  • Zoomlion
  • XCMG

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Excavator Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Country
  • 5.2.3. By Company
  • 5.2.4. By Application
  • 5.2.5. By Machine Type
  • 6. North America Excavator Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Country
  • 6.2.2. By Application
  • 6.2.3. By Machine Type
  • 6.3. US Excavator Market Outlook
  • 6.3.1. Market Size By Value
  • 6.3.2. Market Share
  • 6.3.2.1. By Application
  • 6.3.2.2. By Machine Type
  • 6.4. Canada Excavator Market Outlook
  • 6.4.1. Market Size By Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Application
  • 6.4.2.2. By Machine Type
  • 6.5. Mexico Excavator Market Outlook
  • 6.5.1. Market Size By Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Application
  • 6.5.2.2. By Machine Type
  • 6.6. Rest of North America Excavator Market Outlook
  • 6.6.1. Market Size By Value
  • 6.6.2. Market Share
  • 6.6.2.1. By Application
  • 6.6.2.2. By Machine Type
  • 7. Europe Excavator Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share
  • 7.2.1. By Country
  • 7.2.2. By Application
  • 7.2.3. By Machine Type
  • 7.3. Germany Excavator Market Outlook
  • 7.3.1. Market Size By Value
  • 7.3.2. Market Share
  • 7.3.2.1. By Application
  • 7.3.2.2. By Machine Type
  • 7.4. Russia Excavator Market Outlook
  • 7.4.1. Market Size By Value
  • 7.4.2. Market Share
  • 7.4.2.1. By Application
  • 7.4.2.2. By Machine Type
  • 7.5. UK Excavator Market Outlook
  • 7.5.1. Market Size By Value
  • 7.5.2. Market Share
  • 7.5.2.1. By Application
  • 7.5.2.2. By Machine Type
  • 7.6. France Excavator Market Outlook
  • 7.6.1. Market Size By Value
  • 7.6.2. Market Share
  • 7.6.2.1. By Application
  • 7.6.2.2. By Machine Type
  • 7.7. Spain Excavator Market Outlook
  • 7.7.1. Market Size By Value
  • 7.7.2. Market Share
  • 7.7.2.1. By Application
  • 7.7.2.2. By Machine Type
  • 7.8. Italy Excavator Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Share
  • 7.8.2.1. By Application
  • 7.8.2.2. By Machine Type
  • 7.9. Rest of Europe Excavator Market Outlook
  • 7.9.1. Market Size By Value
  • 7.9.2. Market Share
  • 7.9.2.1. By Application
  • 7.9.2.2. By Machine Type
  • 8. Asia-Pacific Excavator Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share
  • 8.2.1. By Country
  • 8.2.2. By Application
  • 8.2.3. By Machine Type
  • 8.3. Japan Excavator Market Outlook
  • 8.3.1. Market Size By Value
  • 8.3.2. Market Share
  • 8.3.2.1. By Application
  • 8.3.2.2. By Machine Type
  • 8.4. China Excavator Market Outlook
  • 8.4.1. Market Size By Value
  • 8.4.2. Market Share
  • 8.4.2.1. By Application
  • 8.4.2.2. By Machine Type
  • 8.5. India Excavator Market Outlook
  • 8.5.1. Market Size By Value
  • 8.5.2. Market Share
  • 8.5.2.1. By Application
  • 8.5.2.2. By Machine Type
  • 8.6. Australia Excavator Market Outlook
  • 8.6.1. Market Size By Value
  • 8.6.2. Market Share
  • 8.6.2.1. By Application
  • 8.6.2.2. By Machine Type
  • 8.7. Rest of Asia-Pacific Excavator Market Outlook
  • 8.7.1. Market Size By Value
  • 8.7.2. Market Share
  • 8.7.2.1. By Application
  • 8.7.2.2. By Machine Type
  • 9. South America Excavator Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share
  • 9.2.1. By Country
  • 9.2.2. By Application
  • 9.2.3. By Machine Type
  • 9.3. Brazil Excavator Market Outlook
  • 9.3.1. Market Size By Value
  • 9.3.2. Market Share
  • 9.3.2.1. By Application
  • 9.3.2.2. By Machine Type
  • 9.4. Argentina Excavator Market Outlook
  • 9.4.1. Market Size By Value
  • 9.4.2. Market Share
  • 9.4.2.1. By Application
  • 9.4.2.2. By Machine Type
  • 9.5. Columbia Excavator Market Outlook
  • 9.5.1. Market Size By Value
  • 9.5.2. Market Share
  • 9.5.2.1. By Application
  • 9.5.2.2. By Machine Type
  • 9.6. Rest of South America Excavator Market Outlook
  • 9.6.1. Market Size By Value
  • 9.6.2. Market Share
  • 9.6.2.1. By Application
  • 9.6.2.2. By Machine Type
  • 10. Middle East & Africa Excavator Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share
  • 10.2.1. By Country
  • 10.2.2. By Application
  • 10.2.3. By Machine Type
  • 10.3. UAE Excavator Market Outlook
  • 10.3.1. Market Size By Value
  • 10.3.2. Market Share
  • 10.3.2.1. By Application
  • 10.3.2.2. By Machine Type
  • 10.4. Saudi Arabia Excavator Market Outlook
  • 10.4.1. Market Size By Value
  • 10.4.2. Market Share
  • 10.4.2.1. By Application
  • 10.4.2.2. By Machine Type
  • 10.5. Qatar Excavator Market Outlook
  • 10.5.1. Market Size By Value
  • 10.5.2. Market Share
  • 10.5.2.1. By Application
  • 10.5.2.2. By Machine Type
  • 10.6. South Africa Excavator Market Outlook
  • 10.6.1. Market Size By Value
  • 10.6.2. Market Share
  • 10.6.2.1. By Application
  • 10.6.2.2. By Machine Type
  • 10.7. Rest of Middle East & Africa Excavator Market Outlook
  • 10.7.1. Market Size By Value
  • 10.7.2. Market Share
  • 10.7.2.1. By Application
  • 10.7.2.2. By Machine Type
  • 11. Market Dynamics
  • 11.1. Market Drivers
  • 11.2. Market Challenges
  • 12. Market Trends and Developments
  • 12.1. XXXXXX
  • 12.2. XXXXXX
  • 12.3. XXXXXX
  • 13. Competitive Landscape
  • 13.1. Porters Five Force Model
  • 13.2. Company Profiles
  • 13.2.1. Caterpillar Private Limited
  • 13.2.2. CNH Industrial
  • 13.2.3. Doosan Infracore
  • 13.2.4. Epiroc Construction Machinery Co. Ltd
  • 13.2.5. Hitachi Construction Machinery Co. Ltd
  • 13.2.6. J C Bamford Excavators Ltd
  • 13.2.7. John Deere Ltd
  • 13.2.8. Kobe Steel Ltd
  • 13.2.9. Komatsu Ltd.
  • 13.2.10. Kubota Corporation
  • 13.2.11. Liebherr Group
  • 13.2.12. Metso Corporation
  • 13.2.13. Sandvik Mining And Rock Technology
  • 13.2.14. Sany Group
  • 13.2.15. Terex Corporation
  • 13.2.16. Volvo Construction Equipments
  • 13.2.17. XCMG Ltd.
  • 13.2.18. Zoomlion Co. Ltd.
  • 14. Strategic Recommendations
  • 15. Disclaimer

List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Excavator Market Share By Region (2016, 2021&2027F)
Table 5: Global Excavator Market Share By Country (2016, 2021 & 2027F)
Table 6: Global Excavator Market Share By Company (2021)
Table 7: North America Excavator Market Share By Country (2016, 2021 & 2027F)
Table 8: Europe Excavator Market Share By Country (2016, 2021 & 2027F)
Table 9: Asia-Pacific Excavator Market Share By Country (2016, 2021 & 2027F)
Table 10: South America Excavator Market Share By Country (2016, 2021 & 2027F)
Table 11: Middle East & Africa Excavator Market Share By Country (2016, 2021 & 2027F)
Table 12: Key Facts of Caterpillar Private Limited
Table 13: Key Facts of CNH Industrial
Table 14: Key Facts of Doosan Infracore
Table 15: Key Facts of Epiroc Construction Machinery Co. Ltd
Table 16: Key Facts of Hitachi Construction Machinery Co. Ltd
Table 17: Key Facts of J C Bamford Excavators Ltd
Table 18: Key Facts of John Deere Ltd
Table 19: Key Facts of Kobe Steel Ltd
Table 20: Key Facts of Komatsu Ltd.
Table 21: Key Facts of Kubota Corporation
Table 22: Key Facts of Liebherr Group
Table 23: Key Facts of Metso Corporation
Table 24: Key Facts of Sandvik Mining And Rock Technology
Table 25: Key Facts of Sany Group
Table 26: Key Facts of Terex Corporation
Table 27: Key Facts of Volvo Construction Equipments
Table 28: Key Facts of XCMG Ltd.
Table 29: Key Facts of Zoomlion Co. Ltd.

List of Figures
Figure 1: Global Excavator Market Size By Value 2016 to 2027F(In USD Billion)
Figure 2: Global Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 3: Global Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 4: North America Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 5: North America Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 6: North America Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 7: US Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 8: US Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 9: US Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 10: Canada Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 11: Canada Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 12: Canada Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 13: Mexico Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 14: Mexico Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 15: Mexico Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 16: Rest of North America Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 17: Rest of North America Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 18: Rest of North America Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 19: Europe Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 20: Europe Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 21: Europe Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 22: Germany Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 23: Germany Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 24: Germany Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 25: Russia Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 26: Russia Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 27: Russia Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 28: UK Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 29: UK Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 30: UK Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 31: France Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 32: France Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 33: France Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 34: Spain Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 35: Spain Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 36: Spain Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 37: Italy Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 38: Italy Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 39: Italy Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 40: Rest of Europe Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 41: Rest of Europe Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 42: Rest of Europe Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 43: Asia-Pacific Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 44: Asia-Pacific Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 45: Asia-Pacific Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 46: Japan Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 47: Japan Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 48: Japan Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 49: China Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 50: China Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 51: China Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 52: India Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 53: India Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 54: India Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 55: Australia Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 56: Australia Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 57: Australia Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 58: Rest of Asia-Pacific Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 59: Rest of Asia-Pacific Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 60: Rest of Asia-Pacific Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 61: South America Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 62: South America Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 63: South America Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 64: Brazil Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 65: Brazil Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 66: Brazil Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 67: Argentina Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 68: Argentina Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 69: Argentina Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 70: Columbia Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 71: Columbia Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 72: Columbia Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 73: Rest of South America Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 74: Rest of South America Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 75: Rest of South America Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 76: Middle East & Africa Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 77: Middle East & Africa Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 78: Middle East & Africa Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 79: UAE Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 80: UAE Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 81: UAE Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 82: Saudi Arabia Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 83: Saudi Arabia Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 84: Saudi Arabia Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 85: Qatar Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 86: Qatar Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 87: Qatar Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 88: South Africa Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 89: South Africa Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 90: South Africa Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 91: Rest of Middle East & Africa Excavator Market Size By Value 2016 to 2027F (In USD Billion)
Figure 92: Rest of Middle East & Africa Excavator Market Share By Application (2016, 2021 & 2027F)
Figure 93: Rest of Middle East & Africa Excavator Market Share By Machine Type (2016, 2021 & 2027F)
Figure 94: Market Attractiveness Index, 2021
Figure 95: Market Attractiveness Index, 2027F

Feed Phosphate Market Research FAQs

Excavators are self-powered hydraulic machines used for discharge and excavation with the help of a digging bucket at the end of a two-part articulated arm. Excavators are heavy construction machinery and are used in applications such as well sinking, trench digging, and land leveling.

Major product types in the excavator market include mini/compact and crawler/wheeled.

The growing construction industry is likely to be a major driver for the global excavator market.

Asia Pacific is the dominant regional market for excavators.

Leading players in the global excavators market include Caterpillar, Xuzhou Construction Machinery Group, and Komatsu, among others.

The global market is likely to attain a global CAGR of 5.9%.
Logo

Global Excavator Market Outlook, 2027

Contact usWe are friendly and approachable, give us a call.