Excavator Market, Global Outlook and Forecast 2023-2029

Report ID: MMG42907 | Category: Machinery & Equipment | Pages: 120 | Format: PDF | Published Date: February 21,2023

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Report Summary

Excavators are heavy Construction Machinery consisting of a boom, dipper (or stick), bucket and cab on a rotating platform known as the "house". The house sits atop an undercarriage with tracks or wheels. They are a natural progression from the steam shovels and often mistakenly called power shovels. All movement and functions of a hydraulic excavator are accomplished through the use of hydraulic fluid, with hydraulic cylinders and hydraulic motors. Due to the linear actuation of hydraulic cylinders, their mode of operation is fundamentally different from cable-operated excavators which use winches and steel ropes to accomplish the movements.
This report aims to provide a comprehensive presentation of the global market for Excavator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Excavator. This report contains market size and forecasts of Excavator in global, including the following market information:
Global Excavator Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Excavator Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Excavator companies in 2022 (%)
The global Excavator market was valued at US$ 61470 million in 2022 and is projected to reach US$ 78720 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global main manufacturers of excavator include Caterpillar, SANY and Kubota, etc. The top three players hold a share about 36%. Asia-Pacific is the largest market, has a share about 62%, followed by Europe, with share 10%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Excavator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Excavator Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Excavator Market Segment Percentages, by Type, 2022 (%)
    Mini Excavator (Below 6t)
    Small Excavator (6-15t)
    Medium-Sized Excavator (15-30t)
    Large-Sized Excavator (Above 30t)
Global Excavator Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Excavator Market Segment Percentages, by Application, 2022 (%)
    Building/Real Estate
    Public Utilities
    Mining and Oil Well
    Others
Global Excavator Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Excavator Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Excavator revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Excavator revenues share in global market, 2022 (%)
Key companies Excavator sales in global market, 2018-2023 (Estimated), (Units)
Key companies Excavator sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Caterpillar
    Kubota
    SANY
    Komatsu
    XCMG
    Hitachi
    Doosan
    SDLG
    Volvo
    Liugong Machinery
    Kobelco
    John Deere
    Hyundai
    Zoomlion
    Takeuchi
    JCB
    Yanmar
    Sunward
    Sumitomo
    CASE
Outline of Major Chapters:
Chapter 1: Introduces the definition of Excavator, market overview.
Chapter 2: Global Excavator market size in revenue and volume.
Chapter 3: Detailed analysis of Excavator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Excavator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Excavator capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Excavator Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Excavator Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Excavator Overall Market Size
    2.1 Global Excavator Market Size: 2022 VS 2029
    2.2 Global Excavator Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Excavator Sales: 2018-2029
3 Company Landscape
    3.1 Top Excavator Players in Global Market
    3.2 Top Global Excavator Companies Ranked by Revenue
    3.3 Global Excavator Revenue by Companies
    3.4 Global Excavator Sales by Companies
    3.5 Global Excavator Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Excavator Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Excavator Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Excavator Players in Global Market
        3.8.1 List of Global Tier 1 Excavator Companies
        3.8.2 List of Global Tier 2 and Tier 3 Excavator Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Excavator Market Size Markets, 2022 & 2029
        4.1.2 Mini Excavator (Below 6t)
        4.1.3 Small Excavator (6-15t)
        4.1.4 Medium-Sized Excavator (15-30t)
        4.1.5 Large-Sized Excavator (Above 30t)
    4.2 By Type - Global Excavator Revenue & Forecasts
        4.2.1 By Type - Global Excavator Revenue, 2018-2023
        4.2.2 By Type - Global Excavator Revenue, 2024-2029
        4.2.3 By Type - Global Excavator Revenue Market Share, 2018-2029
    4.3 By Type - Global Excavator Sales & Forecasts
        4.3.1 By Type - Global Excavator Sales, 2018-2023
        4.3.2 By Type - Global Excavator Sales, 2024-2029
        4.3.3 By Type - Global Excavator Sales Market Share, 2018-2029
    4.4 By Type - Global Excavator Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Excavator Market Size, 2022 & 2029
        5.1.2 Building/Real Estate
        5.1.3 Public Utilities
        5.1.4 Mining and Oil Well
        5.1.5 Others
    5.2 By Application - Global Excavator Revenue & Forecasts
        5.2.1 By Application - Global Excavator Revenue, 2018-2023
        5.2.2 By Application - Global Excavator Revenue, 2024-2029
        5.2.3 By Application - Global Excavator Revenue Market Share, 2018-2029
    5.3 By Application - Global Excavator Sales & Forecasts
        5.3.1 By Application - Global Excavator Sales, 2018-2023
        5.3.2 By Application - Global Excavator Sales, 2024-2029
        5.3.3 By Application - Global Excavator Sales Market Share, 2018-2029
    5.4 By Application - Global Excavator Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Excavator Market Size, 2022 & 2029
    6.2 By Region - Global Excavator Revenue & Forecasts
        6.2.1 By Region - Global Excavator Revenue, 2018-2023
        6.2.2 By Region - Global Excavator Revenue, 2024-2029
        6.2.3 By Region - Global Excavator Revenue Market Share, 2018-2029
    6.3 By Region - Global Excavator Sales & Forecasts
        6.3.1 By Region - Global Excavator Sales, 2018-2023
        6.3.2 By Region - Global Excavator Sales, 2024-2029
        6.3.3 By Region - Global Excavator Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Excavator Revenue, 2018-2029
        6.4.2 By Country - North America Excavator Sales, 2018-2029
        6.4.3 US Excavator Market Size, 2018-2029
        6.4.4 Canada Excavator Market Size, 2018-2029
        6.4.5 Mexico Excavator Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Excavator Revenue, 2018-2029
        6.5.2 By Country - Europe Excavator Sales, 2018-2029
        6.5.3 Germany Excavator Market Size, 2018-2029
        6.5.4 France Excavator Market Size, 2018-2029
        6.5.5 U.K. Excavator Market Size, 2018-2029
        6.5.6 Italy Excavator Market Size, 2018-2029
        6.5.7 Russia Excavator Market Size, 2018-2029
        6.5.8 Nordic Countries Excavator Market Size, 2018-2029
        6.5.9 Benelux Excavator Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Excavator Revenue, 2018-2029
        6.6.2 By Region - Asia Excavator Sales, 2018-2029
        6.6.3 China Excavator Market Size, 2018-2029
        6.6.4 Japan Excavator Market Size, 2018-2029
        6.6.5 South Korea Excavator Market Size, 2018-2029
        6.6.6 Southeast Asia Excavator Market Size, 2018-2029
        6.6.7 India Excavator Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Excavator Revenue, 2018-2029
        6.7.2 By Country - South America Excavator Sales, 2018-2029
        6.7.3 Brazil Excavator Market Size, 2018-2029
        6.7.4 Argentina Excavator Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Excavator Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Excavator Sales, 2018-2029
        6.8.3 Turkey Excavator Market Size, 2018-2029
        6.8.4 Israel Excavator Market Size, 2018-2029
        6.8.5 Saudi Arabia Excavator Market Size, 2018-2029
        6.8.6 UAE Excavator Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Caterpillar
        7.1.1 Caterpillar Company Summary
        7.1.2 Caterpillar Business Overview
        7.1.3 Caterpillar Excavator Major Product Offerings
        7.1.4 Caterpillar Excavator Sales and Revenue in Global (2018-2023)
        7.1.5 Caterpillar Key News & Latest Developments
    7.2 Kubota
        7.2.1 Kubota Company Summary
        7.2.2 Kubota Business Overview
        7.2.3 Kubota Excavator Major Product Offerings
        7.2.4 Kubota Excavator Sales and Revenue in Global (2018-2023)
        7.2.5 Kubota Key News & Latest Developments
    7.3 SANY
        7.3.1 SANY Company Summary
        7.3.2 SANY Business Overview
        7.3.3 SANY Excavator Major Product Offerings
        7.3.4 SANY Excavator Sales and Revenue in Global (2018-2023)
        7.3.5 SANY Key News & Latest Developments
    7.4 Komatsu
        7.4.1 Komatsu Company Summary
        7.4.2 Komatsu Business Overview
        7.4.3 Komatsu Excavator Major Product Offerings
        7.4.4 Komatsu Excavator Sales and Revenue in Global (2018-2023)
        7.4.5 Komatsu Key News & Latest Developments
    7.5 XCMG
        7.5.1 XCMG Company Summary
        7.5.2 XCMG Business Overview
        7.5.3 XCMG Excavator Major Product Offerings
        7.5.4 XCMG Excavator Sales and Revenue in Global (2018-2023)
        7.5.5 XCMG Key News & Latest Developments
    7.6 Hitachi
        7.6.1 Hitachi Company Summary
        7.6.2 Hitachi Business Overview
        7.6.3 Hitachi Excavator Major Product Offerings
        7.6.4 Hitachi Excavator Sales and Revenue in Global (2018-2023)
        7.6.5 Hitachi Key News & Latest Developments
    7.7 Doosan
        7.7.1 Doosan Company Summary
        7.7.2 Doosan Business Overview
        7.7.3 Doosan Excavator Major Product Offerings
        7.7.4 Doosan Excavator Sales and Revenue in Global (2018-2023)
        7.7.5 Doosan Key News & Latest Developments
    7.8 SDLG
        7.8.1 SDLG Company Summary
        7.8.2 SDLG Business Overview
        7.8.3 SDLG Excavator Major Product Offerings
        7.8.4 SDLG Excavator Sales and Revenue in Global (2018-2023)
        7.8.5 SDLG Key News & Latest Developments
    7.9 Volvo
        7.9.1 Volvo Company Summary
        7.9.2 Volvo Business Overview
        7.9.3 Volvo Excavator Major Product Offerings
        7.9.4 Volvo Excavator Sales and Revenue in Global (2018-2023)
        7.9.5 Volvo Key News & Latest Developments
    7.10 Liugong Machinery
        7.10.1 Liugong Machinery Company Summary
        7.10.2 Liugong Machinery Business Overview
        7.10.3 Liugong Machinery Excavator Major Product Offerings
        7.10.4 Liugong Machinery Excavator Sales and Revenue in Global (2018-2023)
        7.10.5 Liugong Machinery Key News & Latest Developments
    7.11 Kobelco
        7.11.1 Kobelco Company Summary
        7.11.2 Kobelco Excavator Business Overview
        7.11.3 Kobelco Excavator Major Product Offerings
        7.11.4 Kobelco Excavator Sales and Revenue in Global (2018-2023)
        7.11.5 Kobelco Key News & Latest Developments
    7.12 John Deere
        7.12.1 John Deere Company Summary
        7.12.2 John Deere Excavator Business Overview
        7.12.3 John Deere Excavator Major Product Offerings
        7.12.4 John Deere Excavator Sales and Revenue in Global (2018-2023)
        7.12.5 John Deere Key News & Latest Developments
    7.13 Hyundai
        7.13.1 Hyundai Company Summary
        7.13.2 Hyundai Excavator Business Overview
        7.13.3 Hyundai Excavator Major Product Offerings
        7.13.4 Hyundai Excavator Sales and Revenue in Global (2018-2023)
        7.13.5 Hyundai Key News & Latest Developments
    7.14 Zoomlion
        7.14.1 Zoomlion Company Summary
        7.14.2 Zoomlion Business Overview
        7.14.3 Zoomlion Excavator Major Product Offerings
        7.14.4 Zoomlion Excavator Sales and Revenue in Global (2018-2023)
        7.14.5 Zoomlion Key News & Latest Developments
    7.15 Takeuchi
        7.15.1 Takeuchi Company Summary
        7.15.2 Takeuchi Business Overview
        7.15.3 Takeuchi Excavator Major Product Offerings
        7.15.4 Takeuchi Excavator Sales and Revenue in Global (2018-2023)
        7.15.5 Takeuchi Key News & Latest Developments
    7.16 JCB
        7.16.1 JCB Company Summary
        7.16.2 JCB Business Overview
        7.16.3 JCB Excavator Major Product Offerings
        7.16.4 JCB Excavator Sales and Revenue in Global (2018-2023)
        7.16.5 JCB Key News & Latest Developments
    7.17 Yanmar
        7.17.1 Yanmar Company Summary
        7.17.2 Yanmar Business Overview
        7.17.3 Yanmar Excavator Major Product Offerings
        7.17.4 Yanmar Excavator Sales and Revenue in Global (2018-2023)
        7.17.5 Yanmar Key News & Latest Developments
    7.18 Sunward
        7.18.1 Sunward Company Summary
        7.18.2 Sunward Business Overview
        7.18.3 Sunward Excavator Major Product Offerings
        7.18.4 Sunward Excavator Sales and Revenue in Global (2018-2023)
        7.18.5 Sunward Key News & Latest Developments
    7.19 Sumitomo
        7.19.1 Sumitomo Company Summary
        7.19.2 Sumitomo Business Overview
        7.19.3 Sumitomo Excavator Major Product Offerings
        7.19.4 Sumitomo Excavator Sales and Revenue in Global (2018-2023)
        7.19.5 Sumitomo Key News & Latest Developments
    7.20 CASE
        7.20.1 CASE Company Summary
        7.20.2 CASE Business Overview
        7.20.3 CASE Excavator Major Product Offerings
        7.20.4 CASE Excavator Sales and Revenue in Global (2018-2023)
        7.20.5 CASE Key News & Latest Developments
8 Global Excavator Production Capacity, Analysis
    8.1 Global Excavator Production Capacity, 2018-2029
    8.2 Excavator Production Capacity of Key Manufacturers in Global Market
    8.3 Global Excavator Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Excavator Supply Chain Analysis
    10.1 Excavator Industry Value Chain
    10.2 Excavator Upstream Market
    10.3 Excavator Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Excavator Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Excavator Market, Global Outlook and Forecast 2023-2029

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