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Excavator Global Market Report 2025
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Global Excavator Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Excavator Global Market Report 2025

By Type( Mini/ Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type ), By Operating Weight( Up to 50K Kg, 51K to 75K Kg, 76K Kg and Above), By Mechanism Type( Electric, Hydraulic, Hybrid), By Power Range( 0-300 BHP, 300-500 BHP, 500 And Above), By End-Use Industry ( Construction, Forestry And Agriculture, Mining, Other End-Use Industry) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Excavator Market Overview

• Excavator market size has reached to $52.8 billion in 2024

• Expected to grow to $66.22 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%

• Growth Driver: Global Construction Boom Fuels Excavator Market Growth

• Market Trend: Product Innovation Drives Growth In The Excavators Market

• Asia-Pacific was the largest region in 2024.

What Is Covered Under Excavator Market?

An excavator refers to construction equipment used in the construction industry to extract earth, move, or transport loose gravel, sand, or soil on a construction site. These excavators help with picking and placing, digging, landscaping, demolition, and material handling tasks.

The main types of excavators are mini/compact excavators, crawler excavators, wheeled excavators, and others. A mini/compact excavator refers to a small and lighter excavator that weighs between 0.7 and 6 tons and has a shorter swing radius superstructure that provides several advantages in urban and constrained settings. The operating weight of excavators is up to 50K kg, 51K to 75K kg, and 76K kg and above. The mechanism types of excavators are electric, hydraulic, and hybrid and have a power range of 0-300 bhp, 300-500 bhp, and 500 bhp and above. The end-users of excavators include construction, forestry and agriculture, mining, and others.

Excavator Market Size and growth rate 2025 to 2029: Graph

What Is The Excavator Market Size 2025 And Growth Rate?

The excavator market size has grown strongly in recent years. It will grow from $52.8 billion in 2024 to $54.63 billion in 2025 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to earthmoving and excavation needs, construction industry growth, mining sector expansion, demolition operations, utility and pipeline installation, landscaping and grading, forestry and logging.

What Is The Excavator Market Growth Forecast?

The excavator market size is expected to see strong growth in the next few years. It will grow to $66.22 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to focus on operator comfort and safety, focus on sustainability, versatility in attachment compatibility, emerging market development, focus on fuel efficiency and emissions reduction. Major trends in the forecast period include technological advancements in excavator design, hybrid and electric excavators, telematics and IoT integration, autonomous and remote-controlled excavators, rental market growth, rise in compact and mini excavators.

The forecast of 4.9% growth over the next five years reflects a modest reduction of 0.7% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply disruptions for hydraulic pump assemblies and undercarriage components, sourced from key regions such as South Korea, Sweden, and Brazil, potentially delaying construction and mining projects. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Excavator Market Segmented?

1) By Type: Mini Or Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type

2) By Operating Weight: Up To 50K Kg, 51K to 75K Kg, 76K Kg And Above

3) By Mechanism Type: Electric, Hydraulic, Hybrid

4) By Power Range: 0-300 BHP, 300-500 BHP, 500 And Above

5) By End-Use Industry: Construction, Forestry And Agriculture, Mining, Other End-Use Industry

Subsegments:

1) By Mini Or Compact Excavator: Less Than 5 Tons, 5 To 10 Tons

2) By Crawler Excavator: Standard Crawler Excavators, Heavy-Duty Crawler Excavators

3) By Wheeled Excavator: Standard Wheeled Excavators, Heavy-Duty Wheeled Excavators

4) By Other Types: Long Reach Excavators, Amphibious Excavators, Rail Excavators

What Is Driving The Excavator Market? Global Construction Boom Fuels Excavator Market Growth

The growing construction industry across the globe is contributing to the growth of the excavator market. The construction industry refers to the industrial division of production and trade that is concerned with the construction, repair, renovation, and maintenance of infrastructure. The construction industry uses an excavator as it offers advantages such as easily navigating rough terrain, being highly versatile, and being able to be transported easily and efficiently. For instance, in May 2022, according to the National Highways Authority of India report, an autonomous agency of the government of India that develops, maintains, and manages national highways, the rate of annual construction of four-, six-, and eight-lane national highways had increased by more than 300% in seven years, reaching 3,963 km during 2021–22. Therefore, the increased growth of the construction industry is anticipated to propel the excavator industry growth over the coming years.

What Is Driving The Excavator Market? Global Trade Surge Fuels Growth In The Excavator Market

The increase in global trade is expected to boost the growth of the excavator market going forward. Global trade refers to the exchange of goods, services, and capital across international borders or territories. The rise in global trade spurs demand for excavators across port development, cargo handling, and infrastructure projects, where they play a pivotal role in facilitating the efficient movement of goods and contributing to the growth and enhancement of trade-related infrastructure. For instance, in September 2023, according to a report published by the United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization, maritime trade is anticipated to increase by 2.4% in 2023 and by more than 2% from 2024 to 2028. As pandemic constraints loosened, the oil and gas trades in the energy sector increased by 6.0% and 4.6%, respectively, in 2022. Therefore, the increase in global trade is driving the growth of the excavator industry.

Who Are The Major Players In The Global Excavator Market?

Major companies operating in the excavator market are Caterpillar Inc., Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., JCB Limited, Komatsu Limited, Terex Corporation, Volvo Construction Equipment, Liebherr Group, Kobelco Construction Machinery Co. Ltd., Sany Heavy Industries Co. Ltd., Bobcat Company, LiuGong Machinery Corporation, CNH Industrial NV, BEML Limited, Takeuchi Mfg Company Limited, Xuzhou Construction Machinery Group Co. Ltd., Doosan Infracore Co. Ltd., Wacker Neuson SE, Yanmar Holdings Co. Ltd., Bell Equipment Limited, Foton Lovol International Heavy Industry Co. Ltd., Deere & Company, Kato Works Co. Ltd., Kubota Corporation, Mahindra & Mahindra Ltd., Manitou Group, Mitsubishi Heavy Industries Ltd.

What Are The Key Trends Of The Global Excavator Market? Product Innovation Drives Growth In The Excavators Market

Major companies operating in the excavator market are developing innovative products such as demolition excavators to meet larger customer bases, more sales, and increase revenue. A demolition excavator refers to a specialized type of excavator designed and equipped for the purpose of demolishing structures and buildings. For instance, in February 2023, Volvo Construction Equipment, a Sweden-based manufacturer of construction equipment, launched the EC300E Straight Boom demolition excavator. Distinguishing itself in the Volvo CE demolition lineup, the EC300E Straight Boom crawler excavator stands out alongside the EC380E Straight Boom model. Deviating from the conventional boom-and-stick configuration seen in digging-centric excavators, this crawler features a purpose-built arm paired with an impressive 23-foot-long straight boom. The extended length of the straight boom provides remarkable height and reaches advantages compared to its standard counterparts. Ensuring operator safety, the cab is fortified against falling debris with a frame-mounted Falling Objects Guard while maintaining clear visibility of the worksite. The roof window and front one-piece glass, constructed from impact-resistant P5A, further contribute to the excavator's resilience in demanding demolition environments.

What Are The Key Trends Of The Global Excavator Market? Innovative Advancements Drive Growth Of The Excavators Market

Major companies operating in the excavator market are developing innovative products such as mini excavators to meet larger customer bases, more sales, and increase revenue. Mini excavators, also known as compact excavators or mini diggers, refer to small-sized hydraulic excavators designed for versatile and precise digging and excavation tasks in confined spaces. For instance, in June 2023, Kubota Corporation, a Japan-based machinery company, launched the 8.5-ton mini-excavator. The unique feature of the new mini-excavator includes the option to be equipped with a two-piece boom, providing an expanded working range, impressive dumping capabilities, and increased efficiency in narrow spaces. Additionally, the innovative hydraulic mechanism allows operators to effortlessly control the arm, boom, bucket, and swivel simultaneously, enhancing work efficiency and overall productivity.

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Excavator Market Merger And Acquisition: Epiroc AB Acquired STANLEY Infrastructure to Strengthen US Market Presence in Excavator Attachments and Hydraulic Tools.

In April 2024, Epiroc AB, a Sweden-based, provider of mining and infrastructure equipment, acquired STANLEY Infrastructure for an undisclosed amount. This acquisition is aimed at enhancing Epiroc's presence in the excavator attachments and handheld hydraulic tools market, particularly within the US infrastructure and construction sectors. STANLEY Infrastructure is a US-based global manufacturer of high-performance equipment, specializing in attachments for excavators and hydraulic tools.

Regional Outlook For The Global Excavator Market

Asia-Pacific was the largest region in the excavator market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Excavator Market?

The excavator market consists of sales of heavy excavators, dragline excavators, and backhoe and suction excavators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Excavator Industry?

The excavator market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the excavator industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Excavator Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $54.63 billion
Revenue Forecast In 2034 $66.22 billion
Growth Rate CAGR of 4.9% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Mini Or Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type
2) By Operating Weight: Up To 50K Kg, 51K to 75K Kg, 76K Kg And Above
3) By Mechanism Type: Electric, Hydraulic, Hybrid
4) By Power Range: 0-300 BHP, 300-500 BHP, 500 And Above
5) By End-Use Industry: Construction, Forestry And Agriculture, Mining, Other End-Use Industry Subsegments: 1) By Mini Or Compact Excavator: Less Than 5 Tons, 5 To 10 Tons
2) By Crawler Excavator: Standard Crawler Excavators, Heavy-Duty Crawler Excavators
3) By Wheeled Excavator: Standard Wheeled Excavators, Heavy-Duty Wheeled Excavators
4) By Other Types: Long Reach Excavators, Amphibious Excavators, Rail Excavators
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Caterpillar Inc., Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., JCB Limited, Komatsu Limited, Terex Corporation, Volvo Construction Equipment, Liebherr Group, Kobelco Construction Machinery Co. Ltd., Sany Heavy Industries Co. Ltd., Bobcat Company, LiuGong Machinery Corporation, CNH Industrial NV, BEML Limited, Takeuchi Mfg Company Limited, Xuzhou Construction Machinery Group Co. Ltd., Doosan Infracore Co. Ltd., Wacker Neuson SE, Yanmar Holdings Co. Ltd., Bell Equipment Limited, Foton Lovol International Heavy Industry Co. Ltd., Deere & Company, Kato Works Co. Ltd., Kubota Corporation, Mahindra & Mahindra Ltd., Manitou Group, Mitsubishi Heavy Industries Ltd.
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Table Of Contents

1. Executive Summary

2. Excavator Market Characteristics

3. Excavator Market Trends And Strategies

4. Excavator Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Excavator Growth Analysis And Strategic Analysis Framework

5.1. Global Excavator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Excavator Market Growth Rate Analysis

5.4. Global Excavator Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Excavator Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Excavator Total Addressable Market (TAM)

6. Excavator Market Segmentation

6.1. Global Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Mini Or Compact Excavator

Crawler Excavator

Wheeled Excavator

Other Type

6.2. Global Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Up To 50K Kg

51K to 75K Kg

76K Kg And Above

6.3. Global Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric

Hydraulic

Hybrid

6.4. Global Excavator Market, Segmentation By Power Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

0-300 BHP

300-500 BHP

500 And Above

6.5. Global Excavator Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Construction

Forestry And Agriculture

Mining

Other End-Use Industry

6.6. Global Excavator Market, Sub-Segmentation Of Mini Or Compact Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Less Than 5 Tons

5 To 10 Tons

6.7. Global Excavator Market, Sub-Segmentation Of Crawler Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Standard Crawler Excavators

Heavy-Duty Crawler Excavators

6.8. Global Excavator Market, Sub-Segmentation Of Wheeled Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Standard Wheeled Excavators

Heavy-Duty Wheeled Excavators

6.9. Global Excavator Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Long Reach Excavators

Amphibious Excavators

Rail Excavators

7. Excavator Market Regional And Country Analysis

7.1. Global Excavator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Excavator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Excavator Market

8.1. Asia-Pacific Excavator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Excavator Market

9.1. China Excavator Market Overview

9.2. China Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Excavator Market

10.1. India Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Excavator Market

11.1. Japan Excavator Market Overview

11.2. Japan Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Excavator Market

12.1. Australia Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Excavator Market

13.1. Indonesia Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Excavator Market

14.1. South Korea Excavator Market Overview

14.2. South Korea Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Excavator Market

15.1. Western Europe Excavator Market Overview

15.2. Western Europe Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Excavator Market

16.1. UK Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Excavator Market

17.1. Germany Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Excavator Market

18.1. France Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Excavator Market

19.1. Italy Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Excavator Market

20.1. Spain Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Excavator Market

21.1. Eastern Europe Excavator Market Overview

21.2. Eastern Europe Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Excavator Market

22.1. Russia Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Excavator Market

23.1. North America Excavator Market Overview

23.2. North America Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Excavator Market

24.1. USA Excavator Market Overview

24.2. USA Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Excavator Market

25.1. Canada Excavator Market Overview

25.2. Canada Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Excavator Market

26.1. South America Excavator Market Overview

26.2. South America Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Excavator Market

27.1. Brazil Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Excavator Market

28.1. Middle East Excavator Market Overview

28.2. Middle East Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Excavator Market

29.1. Africa Excavator Market Overview

29.2. Africa Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Excavator Market Competitive Landscape And Company Profiles

30.1. Excavator Market Competitive Landscape

30.2. Excavator Market Company Profiles

30.2.1. Caterpillar Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Hitachi Construction Machinery Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Hyundai Heavy Industries Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. JCB Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Komatsu Limited Overview, Products and Services, Strategy and Financial Analysis

31. Excavator Market Other Major And Innovative Companies

31.1. Terex Corporation

31.2. Volvo Construction Equipment

31.3. Liebherr Group

31.4. Kobelco Construction Machinery Co. Ltd.

31.5. Sany Heavy Industries Co. Ltd.

31.6. Bobcat Company

31.7. LiuGong Machinery Corporation

31.8. CNH Industrial NV

31.9. BEML Limited

31.10. Takeuchi Mfg Company Limited

31.11. Xuzhou Construction Machinery Group Co. Ltd.

31.12. Doosan Infracore Co. Ltd.

31.13. Wacker Neuson SE

31.14. Yanmar Holdings Co. Ltd.

31.15. Bell Equipment Limited

32. Global Excavator Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Excavator Market

34. Recent Developments In The Excavator Market

35. Excavator Market High Potential Countries, Segments and Strategies

35.1 Excavator Market In 2029 - Countries Offering Most New Opportunities

35.2 Excavator Market In 2029 - Segments Offering Most New Opportunities

35.3 Excavator Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Excavator Market, Segmentation By Power Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Excavator Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Excavator Market, Sub-Segmentation Of Mini Or Compact Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Excavator Market, Sub-Segmentation Of Crawler Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Excavator Market, Sub-Segmentation Of Wheeled Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Excavator Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Excavator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Excavator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Caterpillar Inc. Financial Performance
  • Table 81: Hitachi Construction Machinery Co. Ltd. Financial Performance
  • Table 82: Hyundai Heavy Industries Co. Ltd. Financial Performance
  • Table 83: JCB Limited Financial Performance
  • Table 84: Komatsu Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Excavator Market, Segmentation By Power Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Excavator Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Excavator Market, Sub-Segmentation Of Mini Or Compact Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Excavator Market, Sub-Segmentation Of Crawler Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Excavator Market, Sub-Segmentation Of Wheeled Excavator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Excavator Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Excavator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Excavator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Excavator Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Caterpillar Inc. Financial Performance
  • Figure 81: Hitachi Construction Machinery Co. Ltd. Financial Performance
  • Figure 82: Hyundai Heavy Industries Co. Ltd. Financial Performance
  • Figure 83: JCB Limited Financial Performance
  • Figure 84: Komatsu Limited Financial Performance

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Read The Business Research Company's 2025 Vacuum Coating Equipment Market report for valuable market intelligence and growth forecasts.

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Frequently Asked Questions

An excavator refers to construction equipment used in the construction industry to extract earth, move, or transport loose gravel, sand, or soil on a construction site. These excavators help with picking and placing, digging, landscaping, demolition, and material handling tasks. For further insights on this market, request a sample here

The market major growth driver - Global Construction Boom Fuels Excavator Market Growth. For further insights on this market, request a sample here

The excavator market size has grown steadily in recent years. It will grow from $52.8 billion in 2024 to $54.63 billion in 2025 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to earthmoving and excavation needs, construction industry growth, mining sector expansion, demolition operations, utility and pipeline installation, landscaping and grading, forestry and logging. The excavator market size is expected to see steady growth in the next few years. It will grow to $66.22 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to focus on operator comfort and safety, focus on sustainability, versatility in attachment compatibility, emerging market development, focus on fuel efficiency and emissions reduction. Major trends in the forecast period include technological advancements in excavator design, hybrid and electric excavators, telematics and IoT integration, autonomous and remote-controlled excavators, rental market growth, rise in compact and mini excavators. For further insights on this market, request a sample here

The excavatormarket covered in this report is segmented –
1) By Type: Mini Or Compact Excavator, Crawler Excavator, Wheeled Excavator, Other Type
2) By Operating Weight: Up To 50K Kg, 51K to 75K Kg, 76K Kg And Above
3) By Mechanism Type: Electric, Hydraulic, Hybrid
4) By Power Range: 0-300 BHP, 300-500 BHP, 500 And Above
5) By End-Use Industry: Construction, Forestry And Agriculture, Mining, Other End-Use Industry Subsegments:
1) By Mini Or Compact Excavator: Less Than 5 Tons, 5 To 10 Tons
2) By Crawler Excavator: Standard Crawler Excavators, Heavy-Duty Crawler Excavators
3) By Wheeled Excavator: Standard Wheeled Excavators, Heavy-Duty Wheeled Excavators
4) By Other Types: Long Reach Excavators, Amphibious Excavators, Rail Excavators For further insights on this market, request a sample here

Asia-Pacific was the largest region in the excavator market in 2024. The regions covered in the excavator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the excavator market are Caterpillar Inc., Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., JCB Limited, Komatsu Limited, Terex Corporation, Volvo Construction Equipment, Liebherr Group, Kobelco Construction Machinery Co. Ltd., Sany Heavy Industries Co. Ltd., Bobcat Company, LiuGong Machinery Corporation, CNH Industrial NV, BEML Limited, Takeuchi Mfg Company Limited, Xuzhou Construction Machinery Group Co. Ltd., Doosan Infracore Co. Ltd., Wacker Neuson SE, Yanmar Holdings Co. Ltd., Bell Equipment Limited, Foton Lovol International Heavy Industry Co. Ltd., Deere & Company, Kato Works Co. Ltd., Kubota Corporation, Mahindra & Mahindra Ltd., Manitou Group, Mitsubishi Heavy Industries Ltd. . For further insights on this market, request a sample here.

Major trends in this market include Product Innovation Drives Growth In The Excavators Market. For further insights on this market, request a sample here.

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Global Excavator Market Report 2025

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