Excavator Market Key Trends And Strategies For Expansion 2023-2032| Caterpillar Inc., Hitachi Construction Machinery Company Limited, Hyundai Heavy Industries Company Limited, JCB Limited, Komatsu Limited

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

Caterpillar Inc.

Hitachi Construction Machinery Company Limited

Hyundai Heavy Industries Company Limited

JCB Limited

Komatsu Limited

 

Get More Information On The Excavator Market Report:

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The table of contents in TBRC’s excavator market report includes:

1. Executive Summary
2. Excavator Market Characteristics
3. Excavator Market Trends And Strategies
4. Excavator Market – Macro Economic Scenario
5. Excavator Market Size And Growth

…………………..

26. Africa Excavator Market
27. Excavator Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Excavator Market
29. Excavator Market Future Outlook and Potential Analysis
30. 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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