The Business Research Company’s Excavator Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Excavator Global Market Report 2023 evaluates excavator market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global excavator market size is expected to grow from $47.74 billion in 2022 to $50.14 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The excavator market size is expected to grow to $59.98 billion in 2027 at a CAGR of 4.6%.
Asia-Pacific was the largest region in the excavator market in 2022.
The excavator market segments in the report are:
By Type:
Mini/ Compact Excavator
Crawler Excavator
Wheeled Excavator
Other Type
By Operating Weight:
Upto 50K Kg
51K to 75K Kg
76K Kg and Above
By Mechanism Type:
Electric
Hydraulic or Hybrid
By Power Range:
0-300 BHP
300-500 BHP and
500 And Above
By End-Use Industry:
Construction
Forestry And Agriculture
Mining and
Other End-Use Industries
Top Major Companies
Hitachi Construction Machinery Company Limited
Hyundai Heavy Industries Company Limited
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The table of contents in TBRC’s excavator market report includes:
- Executive Summary
- Excavator Market Characteristics
- Excavator Market Trends And Strategies
- Excavator Market – Macro Economic Scenario
- Excavator Market Size And Growth
…………………..
- Africa Excavator Market
- Excavator Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Excavator Market
- Excavator Market Future Outlook and Potential Analysis
- Appendix
……………………
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Excavator Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Excavator Market, Segmentation By Operating Weight, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Excavator Market, Segmentation By Mechanism Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
………………….
Table 48: Caterpillar Inc Financial Performance
Table 49: Hitachi Construction Machinery Company Limited Financial Performance
Table 50: Hyundai Heavy Industries Company Limited Financial Performance
Table 51: JCB Limited Financial Performance
Table 52: Komatsu Limited Financial Performance
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