Earthmoving Equipment Market Research Report - Global Forecast to 2027

Earthmoving Equipment Market Information Report by Product (Loaders, Excavators, construction tractors and others), By Application (Construction, Mining, digging and others) and By Region - Global Forecast To 2027

ID: MRFR/CO/1637-HCR | February 2021 | Region: Global | 111 pages

Impact of COVID-19 on the Global Earthmoving Equipment Market


The COVID-19 pandemic has spread across the globe. In March 2020, the declaration of coronavirus as a pandemic has resulted in lockdowns being implemented in most of the countries. The restrictions imposed by government authorities have compelled the industry players to allow their employees to work remotely. However, the adoption of automated technologies to minimize human interaction in manufacturing facilities is expected to support the growth of the global earthmoving equipment market. The use of technologies, including automated machinery and advanced electronics, has not only ensured the continuity of businesses during the pandemic but has also enhanced work productivity.


Several emerging and developed economies have implemented countrywide lockdowns to maintain social distancing. Many of the retail outlets and e-commerce services were shut down to curb the spread of the pandemic. The manufacturing of construction-related products and the provision of related services was restricted to permitted limits during the lockdown. The production of earthmoving equipment was also affected, resulting in a demand and supply gap. The COVID-19 pandemic has affected the supply chains, limiting the growth of the global earthmoving equipment market. These factors have severely impacted the global economy and the revenue generation of the construction industry.


Sales of excavators and related products play a vital role in generating revenue for the earthmoving equipment industry, owing to their high usage in the construction of commercial and residential buildings. The figure below shows the volume of excavators sold in China from January 2020 to June 2020. The fluctuating sales of excavators are expected to affect the growth of the earthmoving equipment market over the projected timeframe.


Sales of Excavators in China (Units)


Source: National Bureau of Statistics


According to the MRF analysis, the global construction industry is expected to witness slow growth in the coming year, which is likely to affect the global demand for earthmoving equipment. The market is expected to recover in the Q4 of 2020. Industry participants are likely to improve their manufacturing capabilities as the market stabilizes gradually over the projected timeframe.

1 Executive Summary

2 Research Methodology

2.1 Scope of the Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Earthmoving equipment market, By Products

4.1 Loaders

4.2 Excavators

4.3 Construction tractors

4.4 Others

5 Global Earthmoving equipment market, By Application

5.1 Introduction

5.2 Construction

5.3 Mining

5.4 Digging

5.5 Others

6 Regional Market Analysis

6.1 Introduction

6.2 North America

6.2.1 U.S.

6.2.2 Canada

6.3 Europe

6.3.1 U.K

6.3.2 France

6.3.3 Germany

6.3.4 Spain

6.3.5 Rest of Europe

6.4 Asia-Pacific

6.4.1 China

6.4.2 Japan

6.4.3 India

6.4.4 Rest of Asia-Pacific

6.5 Rest of the World

7 Competitive Analysis

7.1 Introduction

7.2 Competitive Scenario

7.2.1 Market Share Analysis

7.2.2 Market Development Analysis

7.2.3 Product/Service Benchmarking

7.3 Bobcat Company (U.S.),

7.3.1 Overview

7.3.2 Product/Service Offering

7.3.3 Strategy

7.4 Bobcat Company (U.S.),

7.4.1 Overview

7.4.2 Product/Service Offering

7.4.3 Strategy

7.5 Bharat Earth Movers Limited (India)

7.5.1 Overview

7.5.2 Product/Service Offering

7.5.3 Strategy

7.6 Ingersoll Rand Inc. (Republic of Ireland)

7.6.1 Overview

7.6.2 Product/Service Offering

7.6.3 Strategy

7.7 Case Construction Equipment (Netherlands)

7.7.1 Overview

7.7.2 Product/Service Offering

7.7.3 Strategy

7.8 New Holland Construction (Italy)

7.8.1 Overview

7.8.2 Product/Service Offering

7.8.3 Strategy

7.9 New Holland Construction (Italy)

7.9.1 Overview

7.9.2 Product/Service Offering

7.9.3 Strategy

7.10 Hitachi Construction Machinery Co., Ltd. (Japan)

7.10.1 Overview

7.10.2 Product/Service Offering

7.10.3 Strategy

7.11 The Liebherr Group (Bulle)

7.11.1 Overview

7.11.2 Product/Service Offering

7.11.3 Strategy

7.12 Volvo Construction Equipment (Belgium)

7.12.1 Overview

7.12.2 Product/Service Offering

7.12.3 Strategy

LIST OF TABLES

TABLE 1 GLOBAL EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 2 GLOBAL ENGINEERING PLASTICMARKET, BY APPLICATION

TABLE 3 GLOBAL EARTHMOVING EQUIPMENT MARKET, BY REGIONS

TABLE 4 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY COUNTRY

TABLE 5 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 6 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 7 U.S. EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 8 U.S. EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 9 CANADA EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 10 CANADA EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 11 EUROPE ENGINEERING PLASTICMARKET, BY COUNTRY

TABLE 12 EUROPE EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 13 EUROPE EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 14 GERMANY EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 15 GERMANY EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 16 FRANCE EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 17 FRANCE EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 18 U.K. EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 19 U.K. EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 20 REST OF EUROPE EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 21 REST OF EUROPE EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 22 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY COUNTRY

TABLE 23 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 24 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 25 MIDDLE EAST & AFRICA EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 26 MIDDLE EAST & AFRICA EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 1 GLOBAL EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 2 GLOBAL ENGINEERING PLASTICMARKET, BY APPLICATION

TABLE 3 GLOBAL EARTHMOVING EQUIPMENT MARKET, BY REGIONS

TABLE 4 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY COUNTRY

TABLE 5 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 6 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 7 U.S. EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 8 U.S. EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 9 CANADA EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 10 CANADA EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 11 EUROPE ENGINEERING PLASTICMARKET, BY COUNTRY

TABLE 12 EUROPE EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 13 EUROPE EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 14 GERMANY EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 15 GERMANY EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 16 FRANCE EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 17 FRANCE EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 18 U.K. EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 19 U.K. EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 20 REST OF EUROPE EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 21 REST OF EUROPE EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 22 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY COUNTRY

TABLE 23 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 24 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

TABLE 25 MIDDLE EAST & AFRICA EARTHMOVING EQUIPMENT MARKET, BY PRODUCT

TABLE 26 MIDDLE EAST & AFRICA EARTHMOVING EQUIPMENT MARKET, BY APPLICATION

LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL EARTHMOVING EQUIPMENT MARKET: BY PRODUCT (%)

FIGURE 3 GLOBAL EARTHMOVING EQUIPMENT MARKET: BY APPLICATION (%)

FIGURE 4 GLOBAL EARTHMOVING EQUIPMENT MARKET: BY REGION

FIGURE 5 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY PRODUCT (%)

FIGURE 6 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY APPLICATION (%)

FIGURE 7 NORTH AMERICA EARTHMOVING EQUIPMENT MARKET, BY COUNTRIES (%)

FIGURE 8 EUROPE EARTHMOVING EQUIPMENT MARKET, BY PRODUCT (%)

FIGURE 9 EUROPE EARTHMOVING EQUIPMENT MARKET, BY APPLICATION (%)

FIGURE 10 EUROPE EARTHMOVING EQUIPMENT MARKET, BY COUNTRIES (%)

FIGURE 11 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY PRODUCT (%)

FIGURE 12 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY APPLICATION (%)

FIGURE 13 ASIA-PACIFIC EARTHMOVING EQUIPMENT MARKET, BY COUNTRIES (%)

FIGURE 14 ROW EARTHMOVING EQUIPMENT MARKET, BY PRODUCT (%)

FIGURE 15 ROW EARTHMOVING EQUIPMENT MARKET, BY APPLICATION (%)