Excavator Market Size, Share | Industry Report 2025

The global Excavator Market was valued at $40.54 Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $60.7 Billion.

Excavator is a heavy construction equipment which is used in the construction industry & many applications. Excavators are commonly known as earth moving equipment. It performs several tasks at a time. Excavator is used to excavating or moving large objects it consists of a powerful boom. the excavator is used to cutting& fill, used in road construction, move construction material. excavators are widely used in the digging of trenches, river dredging, demolition, Material Handling. There are different types of excavator comes in wide range of size & capacity.

We have observed the significant growth a crawler in mining application for dig trenches, Load trucks, lift pipe, & Handle attachments which drive the market growth over the forecast period.

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Key findings from the study: -
• We have segmented the Aluminum alloy based on product categories as Crawler, Wheeled, Mini/Compact
• Wehave segmented the Excavator market based on Application Construction, Underground Mining, Surface Mining.
• The key market participants include Caterpillars (US), Komatshu Ltd, Hitachi , Volvo, Terex ,John Deere, Sany, XCMG.

Ameri Research has segmented the Excavator Market by material categories, product type, end-use and region:

Market Segmentation:

Excavators Market by product Categories(Revenue, Million, 2014 – 2025)
• Crawler
• Wheeled/mini compact

Excavators Market by Application (Revenue, Million, 2014 – 2025)
• Construction
• Underground Mining
• Surface Mining

Excavator Market Regional Outlook (Revenue, USD Million, 2014- 2025)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
• Latin America
o Brazil
o Mexico
o Columbia
• Middle East and Africa
o South Africa
o Saudi Arabia

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