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The global excavator market size is expected to reach USD 62.2 billion by 2026 according to a new study by Polaris Market Research
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Excavator Market Market Set to Exceed USD 62.2 billion by 2026 |CAGR: 4.32%
Excavator Market Size is Estimated to reach USD 62.2 billion by 2026 “Excavator Market Share, Size, Trends, & Industry Analysis Report By Product Type (Mini, Heavy, Wheeled, Crawler); By Application (Construction, Mining, Waste Management); By Region, Segment Forecasts, 2020 - 2026” The global excavator market size is expected to reach USD 62.2 billion by 2026 according to a new study by Polaris Market Research. Excavators are building equipment which is equipped with a dipper, boom or bucket fixed on a mobile platform that is based on application requirements. The excavators assist in the execution of excavation, landscaping, picking and placing, handling and construction of materials, demolition and other activities. The excavators also help to complete labor-intensive tasks or earlier work performed using heavy building equipment. Advances in technology have also resulted in superior equipment for excavators with high power output and performance capabilities, offering effective alternative solutions for heavy construction equipment. As a result, excavators are available for various applications in various power output capacities. One of the major indicators driving the growth of the market for excavators during the forecast period is the growing construction industry. It is also expected that the versatile advantages of excavators, such as durability, compact size, superior maneuverability, availability of different power output ranges and others, will fuel the demand for excavators over the forecast period. In order to optimize the building process in the construction industry, rapid infrastructural development and technological advancement lead to the incorporation of advanced machinery and equipment. Browse Detailed Research Report On Excavator Market: https://www.polarismarketresearch.com/industry-analysis/excavator-market In addition, heavy construction equipment is also projected to boost the growth of the market for excavators over the demand for efficient, robust, and mobile construction equipment, providing lucrative opportunities for market players. However, it is expected that the lack of skilled operators and technicians will hamper the growth of the market for excavators in emerging economies. Asia Pacific dominates the global market, driven by the growth in China’s urbanization and growth in infrastructure development. Population growth is expected to boost the construction market in countries like India and China. The construction of roads and infrastructure in developing countries such as China and India are expected to increase rapidly. This is estimated to boost the market for excavators. Also, North America is a favorable market for this industry. Another positive outlook in - 2 -
Excavator Market Size is Estimated to reach USD 62.2 billion by 2026 Europe is that excavators are used on a large scale in developed countries such as Germany, France and the United Kingdom. Saudi Arabia and Israel’s market is also growing rapidly. This is expected to increase the Middle East & Africa market share. The region is a leading oil and gas market and thus offers huge opportunities for the MEA region. Due to the implementation of new emission standards, companies are trying to introduce environment friendly machines and are constantly trying to develop enhanced products which would meet the international regulations and norms. This is one of the major concern for the overall industry. Increasing investment in the residential building segment followed by development of transport infrastructure is projected to increase growth prospects in this market. This will result in a steady rate of market growth and increase the sales of manufacturers of excavators. Some of the key players in the market include John Deere, Komatsu, Liebherr, KUBOTA Corporation, CNH Industrial N.V., Doosan Bobcat Inc, Caterpillar, Hitachi, Kato Works Co., Ltd. and Kobelco among others. Request for sample: https://www.polarismarketresearch.com/industry-analysis/excavator- market/request-for-sample - 3 -
Excavator Market Size is Estimated to reach USD 62.2 billion by 2026 Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-aways 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Excavators Market Insights 3.1. Excavators – Industry snapshot 3.2. Excavators market dynamics 3.2.1. Excavators – Market Forces 3.2.1.1. 3.2.1.2. 3.2.1.3. 3.3. Industry analysis - Porter's five force 3.3.1. Bargaining power of supplier 3.3.2. Bargaining power of buyer 3.3.3. Threat of substitute 3.3.4. Threat of new entrant 3.3.5. Degree of competition 3.4. Excavators market PEST analysis 3.5. Value Chain Analysis 3.6. Competitive Ranking Analysis, 2019 4. Excavators Market Size and Forecast by Product type 4.1. Global Excavators market share by Product type, 2019 & 2026 4.2. Mini 4.2.1. Global Mini Excavators market estimates and forecasts, 2015 - 2026 (USD Billion) 4.2.2. Global Mini Excavators market estimates and forecasts, by region, 2015 - 2026 (USD Billion) 4.3. Heavy 4.3.1. Global Heavy Excavators market estimates and forecasts, 2015 - 2026 (USD Billion) 4.3.2. Global Heavy Excavators market estimates and forecasts, by region, 2015 - 2026 (USD Billion) 4.4. Wheeled 4.4.1. Global Wheeled Excavators market estimates and forecasts, 2015 - 2026 (USD Billion) 4.4.2. Global Wheeled Excavators market estimates and forecasts, by region, 2015 - 2026 (USD Billion) 4.5. Crawler 4.5.1. Global Crawler Excavators market estimates and forecasts, 2015 - 2026 (USD Billion) 4.5.2. Global Crawler Excavators market estimates and forecasts, by region, 2015 - 2026 (USD Billion) 5. Excavators Market Size and Forecast by Application 5.1. Global Excavators market share by application, 2019 & 2026 5.2. Construction 5.2.1. Global Excavators market estimates and forecasts for Construction, 2015 - 2026 (USD Billion) Excavators Market driver analysis Excavators Market restraint/challenges analysis Excavators Market opportunity analysis - 4 -
Excavator Market Size is Estimated to reach USD 62.2 billion by 2026 5.2.2. Global Excavators market estimates and forecasts for Construction, by region, 2015 - 2026 (USD Billion) 5.3. Mining 5.3.1. Global Excavators market estimates and forecasts for Mining, 2015 - 2026 (USD Billion) 5.3.2. Global Excavators market estimates and forecasts for Mining, by region, 2015 - 2026 (USD Billion) 5.4. Waste Management 5.4.1. Global Excavators market estimates and forecasts for Waste Management, 2015 - 2026 (USD Billion) 5.4.2. Global Excavators market estimates and forecasts for Waste Management, by region, 2015 - 2026 (USD Billion) 6. Excavators Market Size and Forecast by Region 6.1. Global Excavators market share by region, 2019 & 2026 6.2. North America 6.2.1. North America Excavators market by Product type (USD Billion), 2015 - 2026 6.2.2. North America Excavators market by application type (USD Billion), 2015 - 2026 6.2.3. U.S. 6.2.3.1. U.S. Excavators market by Product type (USD Billion), 2015 - 2026 6.2.3.2. U.S. Excavators market by application type (USD Billion), 2015 - 2026 6.2.4. Canada 6.2.4.1. Canada Excavators market by Product type (USD Billion), 2015 - 2026 6.2.4.2. Canada Excavators market by application type (USD Billion), 2015 - 2026 6.3. Europe 6.3.1. Europe Excavators market by Product type (USD Billion), 2015 - 2026 6.3.2. Europe Excavators market by application type (USD Billion), 2015 - 2026 6.3.3. Germany 6.3.3.1. Germany Excavators market by Product type (USD Billion), 2015 - 2026 6.3.3.2. Germany Excavators market by application type (USD Billion), 2015 - 2026 6.3.4. UK 6.3.4.1. UK Excavators market by Product type (USD Billion), 2015 - 2026 6.3.4.2. UK Excavators market by application type (USD Billion), 2015 - 2026 6.3.5. France 6.3.5.1. France Excavators market by Product type (USD Billion), 2015 - 2026 6.3.5.2. France Excavators market by application type (USD Billion), 2015 - 2026 6.3.6. Italy 6.3.6.1. Italy Excavators market by Product type (USD Billion), 2015 - 2026 6.3.6.2. Italy Excavators market by application type (USD Billion), 2015 - 2026 6.3.7. Russia 6.3.7.1. Russia Excavators market by Product type (USD Billion), 2015 - 2026 6.3.7.2. Russia Excavators market by application type (USD Billion), 2015 - 2026 6.4. Asia Pacific 6.4.1. Asia Pacific Excavators market by Product type (USD Billion), 2015 - 2026 6.4.2. Asia Pacific Excavators market by application type (USD Billion), 2015 - 2026 6.4.3. China 6.4.3.1. China Excavators market by Product type (USD Billion), 2015 - 2026 6.4.3.2. China Excavators market by application type (USD Billion), 2015 - 2026 6.4.4. South Korea 6.4.4.1. South Korea Excavators market by Product type (USD Billion), 2015 - 2026 6.4.4.2. South Korea Excavators market by application type (USD Billion), 2015 - 2026 6.4.5. Japan 6.4.5.1. Japan Excavators market by Product type (USD Billion), 2015 - 2026 6.4.5.2. Japan Excavators market by application type (USD Billion), 2015 - 2026 6.4.6. India - 5 -
Excavator Market Size is Estimated to reach USD 62.2 billion by 2026 India Excavators market by Product type (USD Billion), 2015 - 2026 India Excavators market by application type (USD Billion), 2015 - 2026 6.5. Latin America 6.5.1. Latin America Excavators market by Product type (USD Billion), 2015 - 2026 6.5.2. Latin America Excavators market by application type (USD Billion), 2015 - 2026 6.5.3. Brazil 6.5.3.1. Brazil Excavators market by Product type (USD Billion), 2015 - 2026 6.5.3.2. Brazil Excavators market by application type (USD Billion), 2015 - 2026 6.5.4. Mexico 6.5.4.1. Mexico Excavators market by Product type (USD Billion), 2015 - 2026 6.5.4.2. Mexico Excavators market by application type (USD Billion), 2015 - 2026 6.5.5. Colombia 6.5.5.1. Colombia Excavators market by Product type (USD Billion), 2015 - 2026 6.5.5.2. Colombia Excavators market by application type (USD Billion), 2015 - 2026 6.6. Middle East & Africa 6.6.1. MEA Excavators market by Product type (USD Billion), 2015 - 2026 6.6.2. MEA Excavators market by application type (USD Billion), 2015 - 2026 6.6.3. Saudi Arabia 6.6.3.1. Saudi Arabia Excavators market by Product type (USD Billion), 2015 - 2026 6.6.3.2. Saudi Arabia Excavators market by application type (USD Billion), 2015 - 2026 6.6.4. South Africa 6.6.4.1. South Africa Excavators market by Product type (USD Billion), 2015 - 2026 6.6.4.2. South Africa Excavators market by application type (USD Billion), 2015 - 2026 6.6.5. Israel 6.6.5.1. Israel Excavators market by Product type (USD Billion), 2015 - 2026 6.6.5.2. Israel Excavators market by application type (USD Billion), 2015 - 2026 6.6.6. UAE 6.6.6.1. UAE Excavators market by Product type (USD Billion), 2015 - 2026 6.6.6.2. UAE Excavators market by application type (USD Billion), 2015 - 2026 6.4.6.1. 6.4.6.2. Access Press Release on Excavator Market :https://www.polarismarketresearch.com/press- releases/excavators-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. - 6 -
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