Press release
Colombia Crawler Excavator Market to Reach 3.07 Thousand Units by 2030, Generating $323.1 Million Revenue - Arizton
Colombia Crawler Excavator Market Research Report by Arizton
To Know More, Click: [https://www.arizton.com/market-reports/colombia-crawler-excavator-market-opportunities-assessment-forecast]
Report Summary
Market Size by Volume (2030): 3.07 Thousand Units
Market Size by Volume (2024): 2.37 Thousand Units
CAGR - Volume (2024-2030): 4.35%
Market Size - Revenue (2030): $323.1 Million
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Size, Gross Power, and End Users
The Colombia crawler excavator market is set for growth, with increasing demand driven by key sectors such as public infrastructure, mining, and renewable energy projects. Medium-sized excavators hold the largest share of the market due to their versatility, making them ideal for construction and mining applications. The construction industry remains the dominant end-user, accounting for the largest portion of crawler excavator usage in the country. As these industries continue to expand, the market for crawler excavators in Colombia is expected to grow steadily in the coming years.
In 2024, medium-size crawler excavators, particularly those in the 101 HP-200 HP range, dominated the Colombia crawler excavator market, driven by significant infrastructure investments. Large crawler excavators are also gaining market share, primarily due to their use in large construction and mining projects, including those in coal, nickel, and lithium mining. The construction industry remains the primary end-user, with crawler excavators widely used in road construction and renovation projects. The demand for excavators in the mining sector is expected to grow as the government focuses on increasing metal production, particularly copper, nickel, and lithium for energy transition. While the housing sector in Colombia faced challenges in 2024, improvements in economic conditions and government policies are expected to boost the construction industry in 2025, further driving demand for crawler excavators.
Market Trends
Rising Infrastructure Investments in Colombia Fuel Growth of Flexible, Fuel-Efficient Excavators
In 2024, the Colombian government's continued investment in road infrastructure and maintenance projects is driving the demand for fuel-efficient and flexible construction equipment, particularly low-maintenance crawler excavators. Projects focused on road development, drainage systems, and municipality infrastructure are fueling this need. For example, CASE construction equipment delivered a fleet of mini and small excavators in 2023. Urban development projects, especially those requiring excavators under 16 tons, are increasingly relying on such equipment. Major OEMs are expected to align with these trends by prioritizing the delivery of fuel-efficient and low-maintenance crawler excavators to meet market demands.
Surge in Infrastructure Investment Projects in Colombia Under National Development Plan
Colombia's government is significantly increasing its investment in infrastructure through the National Development Plan 2022-2026, with expected infrastructure investments surpassing $1.8 billion. Key projects include promoting rail transport for its environmental benefits, improving river port facilities to boost water transport and trade, and upgrading regional, local, and ancestral roads to enhance accessibility in remote areas. Additionally, airport modernization efforts aim to strengthen air connectivity. These investments, part of the Multiannual Investment Plan (PPI), include $21.6 billion allocated for railway, community roads, airports, and port developments.
Geographical Analysis
Bogota, the capital of Colombia, is the country's largest economic center, contributing 25% of the national GDP. It hosts the headquarters of most domestic companies and is a major hub for both domestic and foreign trade, accounting for nearly 50% of the country's imports, including oil, telephones, and aircraft. Key industries in Bogota include chemicals, textiles, and manufacturing of products such as metals, machinery, and food and beverages. Antioquia, the second most productive region, represents 13% of the GDP and is known for its coffee production, mining of gold, silver, and other minerals, and its significant contributions to tourism and manufacturing. The Bolivar region, located in the Colombian Caribbean, is a diverse economic area driven by tourism, commerce, and petrochemical industries, with notable production in livestock, sugarcane, tobacco, and key minerals such as gold, coal, and oil.
Vendor Landscape
* Caterpillar, Komatsu, Volvo CE, Hitachi Construction Machinery, and JCB are the front runners in the Colombia crawler excavator market. These companies have a strong market share and offer diverse sets of excavators in the Colombian industry.
* Bobcat, LiuGong, and Develon are niche players in the Colombia crawler excavator market. These companies offer low product diversification and have a strong presence in the country's industry.
* XCMG, Zoomlion, SANY, Kobelco, John Deere, and HD Hyundai Construction Equipment are emerging in the Colombia crawler excavator market. These companies are introducing new technologically advanced products to challenge the market share of market leaders in the country's industry.
Colombia Crawler Excavator Market Dynamics
Drivers
* Surge In Infrastructure Investment Projects
* Investment In 4G & 5G Road Development Plan
* Growing Investment in Mining Industry
Trends
* Trigger Need for Fuel-efficient & Flexible Equipment
* Rise In Use of Automation Technology in Excavator
* Growing Use of Digital Platform for Equipment Supply
Challenges
* Increased Construction Costs
* Devaluation Of Currency Impacting the Demand for Excavators
* Increase in Demand of Rental Equipment
Buy this Research @ https://www.arizton.com/market-reports/colombia-crawler-excavator-market-opportunities-assessment-forecast
Prominent Vendors
* Caterpillar
* Komatsu
* SANY
* Zoomlion Heavy Industry Science & Technology Co., Ltd.
* Volvo Construction Equipment
* Hitachi Construction Machinery
* JCB
* Kobelco
* Xuzhou Construction Machinery Group (XCMG)
* Hyundai Construction Equipment
* Liebherr
* Case Construction
* LiuGong
* DEVELON
* Bobcat
Distributor Profiles
* Newman Maquinaria Pesada
* CENTRAL S.A.S
* Importadora Casa Colombia
Market Segmentation
Crawler Excavator
Size
* Mini Excavator
* Small Excavator
* Medium Excavator
* Large Excavator
Gross Power
* Less Than 60 HP
* 60 HP -100 HP
* 101 HP-200 HP
* Above 200 HP
End Users
* Construction
* Mining
* Agriculture
* Forestry
* Others (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management)
Key Questions Answered in the Report:
How big is the Colombia crawler excavator market?
What is the growth rate of the Colombia crawler excavator market?
Who are the key players in the Colombia crawler excavator market?
What are the trends in the Colombia crawler excavator market?
Which are the major distributor companies in the Colombia crawler excavator market?
Check Out Some of the Top Selling Reports of Your Interest:
UAE Crawler Excavator Market - Strategic Assessment & Forecast 2024-2029
[https://www.arizton.com/market-reports/uae-crawler-excavator-market]
U.K. Crawler Excavator Market - Strategic Assessment & Forecast 2024-2029
[https://www.arizton.com/market-reports/united-kingdom-crawler-excavator-market]
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
* 1hr of free analyst discussion
* 10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=colombia-crawler-excavator-market-to-reach-307-thousand-units-by-2030-generating-3231-million-revenue-arizton]
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/colombia-crawler-excavator-market-opportunities-assessment-forecast
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Colombia Crawler Excavator Market to Reach 3.07 Thousand Units by 2030, Generating $323.1 Million Revenue - Arizton here
News-ID: 3816744 • Views: …
More Releases from ABNewswire
Bedrock Restoration - Water Fire Mold Damage Service, Expands Water Damage Repai …
Water Fire Mold Damage Service, a trusted provider of property restoration, has announced expanded service offerings to meet the growing demand for professional water damage solutions in the region. Known for their reliable, customer-focused approach, the company continues to support both homeowners and businesses in recovering from unexpected property damage caused by water, fire, or mold.
Responding to a Growing Need for Water Damage Restoration
Property owners across Minnesota are increasingly seeking…
Winkler Kurtz LLP Expands Resources to Handle Increased Demand for Personal Inju …
For individuals searching for personal injury attorneys, the expansion of Winkler Kurtz LLP's team means greater accessibility and reduced wait times for consultations. The firm's deep roots in the Port Jefferson Station community allow them to understand local nuances, such as common accident hotspots and specific regional legal precedents.
Port Jefferson Station has seen a notable rise in personal injury cases, driven by factors such as increased traffic congestion, construction activity,…
Protecting Property Value: Hose Bros Inc Highlights How Professional Power Washi …
For residents searching for power washing near me, Hose Bros Inc offers accessible and reliable services tailored to the Millsboro community. Their local expertise ensures an understanding of regional challenges, such as the impact of salt air on coastal properties or the tendency for humidity to promote mold growth in shaded areas. This knowledge allows them to customize their approach, selecting appropriate pressure levels and cleaning agents for different surfaces.
In…
![Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Prices](https://cdn.open-pr.com/9/1/914818326_g.jpg)
Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Price …
A 2025 cost guide to kitchen, bathroom, and full home remodeling in Tampa Bay, featuring expert insights from Craftline Remodeling on pricing, budgeting, and contractor selection.
Market Overview: Understanding Tampa Bay Remodeling Investment Trends
Tampa Bay's home remodeling market has experienced significant cost evolution in 2025, with project expenses varying dramatically across South Tampa, Carrollwood, Seminole Heights, Clearwater, St. Petersburg, and Wesley Chapel based on material choices, project scope, and contractor expertise.…
More Releases for Colombia
List of Law Firms in Colombia
List of Law Firms in Colombia is an Excel spreadsheet containing a list of the largest 1,000 Law Firms in Colombia. Each of our company lists displays the leading 1,000 companies ranked by revenue in $USm.
Each Excel file contains the following:
company name
activity description (mainly for larger companies)
address fields (address, zip / postcode, country)
telephone number
website address
revenue ($USm)
employees
name and job title of up to…
Colombia Two Wheeler Market (2021-2027)
Colombia two-wheeler market witnessed modest growth during the period 2017-2020 owing to the increasing number of working population and improving lifestyles. Moreover, the inefficient public transportation system and rugged topography of Colombia led to growth in the demand for two-wheeler in the country. However, the pandemic situation caused by Covid-19 in 2020, led to a halt in assembling and manufacturing operations and disrupted the value chain and ecosystem of Colombia's…
Colombia Agriculture Market, Colombia Agriculture Industry, Agriculture Dairy Ma …
Agriculture has always been of excessive importance for the Colombia, as feeding the world’s prime population is not a calm task. The Colombia government has been associating the agriculture industry with a quantity of policies, vexing to stabilise the output and in search of ways to confirm the sector is growing healthily and sustainably. The Colombia federal government has been highly supportive of agriculture for decades, and there is wide-ranging…
Whats Driving The LATAM Frozen Bakery Market Growth? Bimbo de Colombia S.A. (Gru …
Decresearch has recently published a study titled ‘Global LATAM Frozen Bakery Market Research Report’. In this report, analysts have provided a detailed evaluation of the global LATAM Frozen Bakery market. The report is inclusive of a completely comprehensive study of the LATAM Frozen Bakery Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.
A highly methodical quantitative as well as…
The Baby Food Sector in Colombia 2018 | Nestlé de Colombia, Mead Johnson Nutrit …
The Baby Food Sector in Colombia, 2018
Summary
"The Baby Food Sector in Colombia, 2018", is an analytical report by Publisher which provides extensive and highly detailed current and future market trends in the Colombian market.
Over the 2007-2017 period, Colombia's total population has steadily increased, while the number of births has fallen. Poverty appears to have been falling since 2009. In 2015, according to government figures, 27.8% of the population was classed…
Agrochemicals Market in Colombia
ReportsWorldwide has announced the addition of a new report title Colombia: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports.
The report “Colombia: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A…
