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Excavators Market Research Report Information By Type (Mini/Compact and Crawler/Wheeled), By End User (Contractors, Rental Providers, and Others), By Application (Mining, Construction, and Utility), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030


ID: MRFR/CO/1716-HCR | 188 Pages | Author: Harshita Gorade| April 2024

Excavators Market Segmentation Tab


Excavators Types Outlook (USD Billion, 2018-2030)



  • Mini/Compact

  • Crawler/Wheeled


Excavators End User Outlook (USD Billion, 2018-2030)



  • Contractors

  • Rental Providers

  • Others


Excavators Application Outlook (USD Billion, 2018-2030)



  • Mining

  • Construction

  • Utility


Excavators Regional Outlook (USD Billion, 2018-2030)




  • North America Outlook (USD Billion, 2018-2030)


    • North America Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • North America Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • North America Excavators by Application

      • Mining

      • Construction

      • Utility




    • US Outlook (USD Billion, 2018-2030)


    • US Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled

      • Posterior Fusion




    • US Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • US Excavators by Application

      • Mining

      • Construction

      • Utility




    • CANADA Outlook (USD Billion, 2018-2030)


    • CANADA Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • CANADA Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • CANADA Excavators by Application

      • Mining

      • Construction

      • Utility






  • Europe Outlook (USD Billion, 2018-2030)


    • Europe Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Europe Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Europe Excavators by Application

      • Mining

      • Construction

      • Utility




    • Germany Outlook (USD Billion, 2018-2030)


    • Germany Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Germany Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Germany Excavators by Application

      • Mining

      • Construction

      • Utility



    • France Outlook (USD Billion, 2018-2030)


    • France Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • France Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • France Excavators by Application

      • Mining

      • Construction

      • Utility




    • UK Outlook (USD Billion, 2018-2030)


    • UK Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • UK Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • UK Excavators by Application

      • Mining

      • Construction

      • Utility




    • ITALY Outlook (USD Billion, 2018-2030)


    • ITALY Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • ITALY Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • ITALY Excavators by Application

      • Mining

      • Construction

      • Utility




    • SPAIN Outlook (USD Billion, 2018-2030)


    • Spain Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Spain Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Spain Excavators by Application

      • Mining

      • Construction

      • Utility




    • Rest Of Europe Outlook (USD Billion, 2018-2030)


    • Rest Of Europe Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • REST OF EUROPE Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • REST OF EUROPE Excavators by Application

      • Mining

      • Construction

      • Utility






  • Asia-Pacific Outlook (USD Billion, 2018-2030)


    • Asia-Pacific Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Asia-Pacific Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Asia-Pacific Excavators by Application

      • Mining

      • Construction

      • Utility




    • China Outlook (USD Billion, 2018-2030)


    • China Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • China Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • China Excavators by Application

      • Mining

      • Construction

      • Utility




    • Japan Outlook (USD Billion, 2018-2030)


    • Japan Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Japan Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Japan Excavators by Application

      • Mining

      • Construction

      • Utility




    • India Outlook (USD Billion, 2018-2030)


    • India Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • India Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • India Excavators by Application

      • Mining

      • Construction

      • Utility




    • Australia Outlook (USD Billion, 2018-2030)


    • Australia Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Australia Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Australia Excavators by Application

      • Mining

      • Construction

      • Utility




    • Rest of Asia-Pacific Outlook (USD Billion, 2018-2030)


    • Rest of Asia-Pacific Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Rest of Asia-Pacific Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Rest of Asia-Pacific Excavators by Application

      • Mining

      • Construction

      • Utility






  • Rest of the World Outlook (USD Billion, 2018-2030)

    • Rest of the World Excavators by Types









      • Mini/Compact

      • Crawler/Wheeled




    • Rest of the World Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Rest of the World Excavators by Application

      • Mining

      • Construction

      • Utility




    • Middle East Outlook (USD Billion, 2018-2030)


    • Middle East Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Middle East Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Middle East Excavators by Application

      • Mining

      • Construction

      • Utility




    • Africa Outlook (USD Billion, 2018-2030)


    • Africa Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Africa Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Africa Excavators by Application

      • Mining

      • Construction

      • Utility




    • Latin America Outlook (USD Billion, 2018-2030)


    • Latin America Excavators by Types

      • Mini/Compact

      • Crawler/Wheeled




    • Latin America Excavators by End User

      • Contractors

      • Rental Providers

      • Others




    • Latin America Excavators by Application

      • Mining

      • Construction

      • Utility





Research Methodology on Exacavators Market


1. Introduction


 


This research is about the excavators market, which is a major form of earthmoving equipment. Excavators are versatile, productive, and efficient machines used in various sectors such as mining, construction, civil engineering, and demolition. The purpose of this research is to understand the current trends in the market, the development of new technologies, and the growth prospects of the global excavators market in the forecast period 2023 to 2030.


2. Research Objectives


The main objective of this research is to identify and analyze the key trends and factors affecting the growth of the global excavators market, understand the competitive dynamics, and analyze market potential.


The specific objectives of this research are:


•          To provide insights into the factors and trends influencing the growth of the global excavators market


•          To assess the impact of various market dynamics on the growth of the excavators market


•          To analyze the market with respect to value and volume


•          To provide an in-depth analysis of the strategies adopted by key players to gain competitive advantage


•          To understand the prospects for new entrants in the market


•          To analyze the product types, applications, and industry verticals of the excavators market


3. Scope of the Study


The scope of this research includes:


•          The market size of excavators for the period 2023 – 2030


•          The market dynamics of the excavators market


•          The market segmentation of the excavators market based on product type, application, and industry vertical


•          The regional analysis of the excavators market


•          The key strategies adopted by market players to gain competitive advantage


•          The growth prospects of the global excavators market


4. Research Methodology


4.1 Research Design


The research design for this study is exploratory which will help in understanding the current trends in the market, the development of new technologies, and the growth prospects of the global excavators market during the forecast period 2023 to 2030. The research methodology adopted for this project will help in tracking the industry growth and also in deriving insights into the factors influencing the growth of the excavators market.


4.2 Information Procurement Process


In order to conduct the research, information was collected from a variety of primary and secondary sources. The information procurement process involved both qualitative and quantitative research methods.


4.2.1 Secondary Research


Secondary research is important to define the research problem, understand the target market and study the competitive landscape in the industry. Secondary research includes sources such as industry reports, analyst reports, industry associations, the internet, company websites, and other related sources.


4.2.2 Primary Research


Primary research was conducted to complete the research study. The primary research methods used for the study were a structured questionnaire and interviews with industry experts and senior executives in the industry.


The questionnaire and interviews focused on topics such as the growth prospects of the market, changes in customer behaviour, new product development, and changing market dynamics.


4.3 Data Triangulation


Data triangulation is a process of combining different methods and data sets to gain a holistic perspective of the market. Data triangulation involves the following steps:


•          Gathering information from various sources


•          Organizing the information 


•          Analyzing and synthesizing the information


The data triangulation process includes the following techniques:


4.3.1 Factor Analysis


Factor analysis is a technique used to identify the key factors driving the growth of the market. The analysis consists of identifying factors such as the demand-supply gap, the impact of technology, changing customer preferences, and the competitive landscape.


4.3.2 Time-Series Analysis


Time-series analysis is used to understand the trend of the market over a specific period of time. The analysis is based on identifying the key factors driving the growth of the market and the trends in the market over the forecast period 2023 to 2030.


4.3.3 Demand Side and Supply Side Data Triangulation


Data triangulation from both the demand side and the supply side is used to understand the dynamics of the market. The demand-side analysis includes assessing the contributions of different customer segments to the market. Supply-side analysis is conducted to understand the dynamics of the suppliers in the market.


4.4 Assumptions


The assumptions made while conducting the research are:


•          The base year for the study is 2022


•          The key players in the market include Caterpillar, Komatsu, Hyundai, Volvo, and Liebherr


•          The market size is based on the total number of excavators sold in the forecast period


•          The market size is assumed to be in terms of value and volume


 


5. Research Report Structure


This research report comprises of four major components:


•          Executive Summary – An overview of the research study


•          Scope – An explanation of the scope and objectives of the study


•          Methodology – Explanation of the research methodology used


•          Research Reports – Detailed analysis of the market


6. Conclusion


This research provides a comprehensive insight into the global excavators market. The research study includes a thorough analysis of the market size, trends, and growth opportunities. The research methodology used for the study includes secondary research, primary research, and data triangulation. The key findings and recommendations are based on the analysis and insights obtained from the research study.

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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 Excavators market, By Type

4.1 Mini/Compact

4.2 Crawler/Wheeled

5 Global Excavators Market, By End-User

5.1 Introduction

5.2 Contractors

5.3 Rental Providers

5.4 Others

6 Global Excavators Market, By Application

6.1 Introduction

6.2 Mining

6.3 Construction

6.4 Utility

7 Regional Market Analysis

7.1 Introduction

7.2 North America

7.2.1 U.S.

7.2.2 Canada

7.3 Europe

7.3.1 U.K

7.3.2 France

7.3.3 Germany

7.3.4 Spain

7.3.5 Rest of Europe

7.4 Asia-Pacific

7.4.1 China

7.4.2 Japan

7.4.3 India

7.4.4 Rest of Asia-Pacific

7.5 Rest of the World

8. Competitive Analysis

8.1 Introduction

8.2 Competitive Scenario

8.2.1 Market Share Analysis

8.2.2 Market Development Analysis

8.2.3 Type/Service Benchmarking

8.3 Caterpillar Inc. (U.S.)

8.3.1 Overview

8.3.2 Type/Service Offering

8.3.3 Strategy

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

8.4.1 Overview

8.4.2 Type/Service Offering

8.4.3 Strategy

8.5 Komatsu Ltd. (Japan)

8.5.1 Overview

8.5.2 Type/Service Offering

8.5.3 Strategy

8.6 Volvo Construction Equipment (Belgium)

8.6.1 Overview

8.6.2 Type/Service Offering

8.6.3 Strategy

8.7 Xuzhou Construction Machinery Group (XCMG) (China)

8.7.1 Overview

8.7.2 Type/Service Offering

8.7.3 Strategy

8.8 Terex Corporation (U.S.)

8.8.1 Overview

8.8.2 Type/Service Offering

8.8.3 Strategy

8.9 JCB Ltd.(U.K.)

8.9.1 Overview

8.9.2 Type/Service Offering

8.9.3 Strategy

8.10 Sandvik AB (Sweden)

8.10.1 Overview

8.10.2 Type/Service Offering

8.10.3 Strategy

8.11 Hyundai Heavy Industries Co., Ltd. (South Korea)

8.11.1 Overview

8.11.2 Type/Service Offering

8.11.3 Strategy

LIST OF TABLES

TABLE 1 GLOBAL EXCAVATORS MARKET, BY TYPE

TABLE 2 GLOBAL EXCAVATORS MARKET, BY END-USER

TABLE 3 GLOBAL EXCAVATORS MARKET, BY APPLICATION

TABLE 4 GLOBAL EXCAVATORS MARKET, BY REGIONS

TABLE 5 NORTH AMERICA EXCAVATORS MARKET, BY TYPE

TABLE 6 NORTH AMERICA EXCAVATORS MARKET, BY END-USER

TABLE 7 NORTH AMERICA EXCAVATORS MARKET, BY APPLICATION

TABLE 8 U.S. EXCAVATORS MARKET, BY TYPE

TABLE 9 U.S. EXCAVATORS MARKET, BY END-USER

TABLE 10 U.S. EXCAVATORS MARKET, BY APPLICATION

TABLE 11 CANADA EXCAVATORS MARKET, BY TYPE

TABLE 12 CANADA EXCAVATORS MARKET, BY END-USER

TABLE 13 CANADA EXCAVATORS MARKET, BY APPLICATION

TABLE 14 EUROPE EXCAVATORS MARKET, BY TYPE

TABLE 15 EUROPE EXCAVATORS MARKET, BY END-USER

TABLE 16 EUROPE EXCAVATORS MARKET, BY APPLICATION

TABLE 17 GERMANY EXCAVATORS MARKET, BY TYPE

TABLE 18 GERMANY EXCAVATORS MARKET, BY END-USER

TABLE 19 GERMANY EXCAVATORS MARKET, BY APPLICATION

TABLE 20 FRANCE EXCAVATORS MARKET, BY TYPE

TABLE 21 FRANCE EXCAVATORS MARKET, BY END-USER

TABLE 22 FRANCE EXCAVATORS MARKET, BY APPLICATION

TABLE 23 U.K. EXCAVATORS MARKET, BY TYPE

TABLE 24 U.K. EXCAVATORS MARKET, BY END-USER

TABLE 25 U.K. EXCAVATORS MARKET, BY APPLICATION

TABLE 26 REST OF EUROPE EXCAVATORS MARKET, BY TYPE

TABLE 27 REST OF EUROPE EXCAVATORS MARKET, BY END-USER

TABLE 28 REST OF EUROPE EXCAVATORS MARKET, BY APPLICATION

TABLE 29 ASIA-PACIFIC EXCAVATORS MARKET, BY TYPE

TABLE 30 ASIA-PACIFIC EXCAVATORS MARKET, BY END-USER

TABLE 31 ASIA-PACIFIC EXCAVATORS MARKET, BY APPLICATION

TABLE 32 ROW EXCAVATORS MARKET, BY TYPE

TABLE 33 ROW EXCAVATORS MARKET, BY END-USER

TABLE 34 ROW EXCAVATORS MARKET, BY APPLICATION  

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 GLOBAL EXCAVATORS MARKET: BY TYPE (%)

FIGURE 3 GLOBAL EXCAVATORS MARKET: BY END-USER (%)

FIGURE 4 GLOBAL EXCAVATORS MARKET: BY APPLICATION (%)

FIGURE 5 GLOBAL EXCAVATORS MARKET: BY REGION

FIGURE 6 NORTH AMERICA EXCAVATORS MARKET, BY TYPE (%)

FIGURE 7 NORTH AMERICA EXCAVATORS MARKET, BY END-USER (%)

FIGURE 8 NORTH AMERICA EXCAVATORS MARKET, BY APPLICATION (%)

FIGURE 9 EUROPE EXCAVATORS MARKET, BY TYPE (%)

FIGURE 10 EUROPE EXCAVATORS MARKET, BY END-USER (%)

FIGURE 11 EUROPE EXCAVATORS MARKET, BY APPLICATION (%)

FIGURE 12 ASIA-PACIFIC EXCAVATORS MARKET, BY TYPE (%)

FIGURE 13 ASIA-PACIFIC EXCAVATORS MARKET, BY END-USER (%)

FIGURE 14 ASIA-PACIFIC EXCAVATORS MARKET, BY APPLICATION (%)

FIGURE 15 ROW EXCAVATORS MARKET, BY TYPE (%)

FIGURE 16 ROW EXCAVATORS MARKET, BY END-USER (%)

FIGURE 17 ROW EXCAVATORS MARKET, BY APPLICATION (%)

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