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Excavator Market worth $107.74 billion by 2030, growing at a CAGR of 5.76% - Exclusive Report by 360iResearch
Excavator Market | 360iResearch
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The excavator market encompasses diverse equipment types including hydraulic, crawler, wheeled, mini, and long-reach excavators, and covers new and used equipment sales, rental services, and maintenance. Excavators, integral to sectors such as construction, mining, and infrastructure, are vital for tasks like digging, demolition, material handling, forestry activities, and dredging. The end-use scope includes construction, mining, oil and gas, and municipal/industrial applications. Market growth is influenced by urbanization, infrastructure development, technological advancements, increased mining activities, and environmental regulations, leading to a heightened demand for eco-friendly battery-operated and hybrid excavators, automation, and rental services. Recommendations entail investing in R&D for green technologies, expanding automation features, and enhancing rental services. Key challenges include high initial investment, economic volatility, technological barriers, and compliance with stringent regulations, all of which necessitate innovative solutions. Research and innovation opportunities lie in battery technology, AI and machine learning for predictive maintenance, advanced telematics for real-time monitoring, and material science for developing lightweight, durable components. The market is highly competitive with significant global presence and a customer-centric approach focusing on comprehensive support, parts availability, and tailored solutions. The anticipated growth in the excavator market is driven by advancements in green technologies, automation, and expanded rental services, despite challenges related to economic conditions and regulatory compliance.
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Market Segmentation & Coverage:
This research report categorizes the Excavator Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Vehicle Weight, market is studied across 11 to 45 KG, 46 greater than KG, and greater than 10 KG.
Based on Engine Capacity, market is studied across 250-500 HP and Up to 250 HP.
Based on Type, market is studied across Crawler and Wheel.
Based on Drive Type, market is studied across Electric and ICE.
Based on End-user, market is studied across Construction Industry, Forestry & Agriculture, Mining Industry, and Utility Sector.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Excavator Market, highlighting leading vendors and their innovative profiles. These include AB Volvo, C. Bamford Excavators Limited, Caterpillar Inc., CNH Industrial N.V, Deere & Company, Doosan Infracore Co. Ltd, Guangxi LiuGong Machinery Co., Ltd., Hitachi Construction Machinery Co. Ltd, Hyundai Heavy Industries Co. Ltd, J.C. Bamford Excavators Limited, Komatsu Ltd, Kubota Corporation, Liebherr Group, Liugong Machinery Co., Ltd., Lovol Heavy Industry Co., Ltd., Quanzhou Jingli Engineering & Machinery Co., Ltd., Sany Heavy Industry Co., Ltd., Takeuchi Mfg. Co., Ltd., , Wacker Neuson SE, XCMG Group, Yanmar, and Zoomlion Heavy Industry Science & Technology Co., Ltd..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Excavator Market, by Vehicle Weight
7. Excavator Market, by Engine Capacity
8. Excavator Market, by Type
9. Excavator Market, by Drive Type
10. Excavator Market, by End-user
11. Americas Excavator Market
12. Asia-Pacific Excavator Market
13. Europe, Middle East & Africa Excavator Market
14. Competitive Landscape
15. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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