Press release
Excavator Market Set to Reach USD 138.7 Billion by 2035, Driven by Infrastructure Expansion and Green Technology
Excavator Market
This growth is fueled by rapid urbanization, expansion of infrastructure projects worldwide, and strong demand across construction and public works. Rising adoption of electric, hybrid, and autonomous excavators is also reshaping industry trends.
For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2459
Market Drivers Fueling Growth:
The excavator market is being reshaped by multiple demand-side and technology-driven factors:
Urbanization and Infrastructure Development: Accelerating construction activities in developing economies such as India, China, and across Southeast Asia are significantly boosting excavator demand.
Governments are investing heavily in roadways, smart cities, and public utilities, creating a surge in earth-moving equipment requirements.
Technological Advancements: Excavator manufacturers are investing in advanced telematics, IoT-enabled systems, and AI-driven autonomous excavators. These solutions enhance operational efficiency, reduce downtime, and lower long-term operational costs.
Sustainability Trends: Growing global concerns over emissions and carbon footprints are driving demand for electric and hybrid excavators. Governments offering subsidies and contractors focusing on green projects further support this transition.
Rental Equipment Growth: The rise of construction equipment rental businesses is another driver, as contractors seek cost-efficient solutions without committing to large capital investments.
Together, these factors are positioning the excavator market for long-term, sustainable growth.
Competitive Landscape
The excavator market is highly competitive, with global leaders and regional manufacturers striving to capture market share through product innovation, geographical expansion, and strategic partnerships.
Key players include:
Atlas Copco, Caterpillar Inc., CNH Global NV, Doosan, Escorts Group, Hitachi Construction Machinery, Hyundai Heavy Industries Ltd, JC Bamford Excavators Ltd. (JCB), John Deere, Kobelco, Komatsu Ltd., Liebherr-International AG, Manitou Group, Mitsubishi, Sany Heavy Industries Co Ltd., Sumitomo Heavy Industries Ltd, Corporation, Volvo Construction Equipment AB, among others.
Caterpillar Inc. continues to lead with a strong global presence and emphasis on autonomous excavator solutions integrated with CAT Command technology.
Komatsu Ltd. is investing heavily in electric and hybrid excavators, targeting sustainability-conscious markets in Europe and Japan.
Sany Heavy Industries is strengthening its position in Asia-Pacific through price-competitive models and rapid capacity expansions.
Volvo Construction Equipment has positioned itself as a front-runner in green excavators, with battery-electric models being deployed in Europe and North America.
This competitive rivalry is intensifying as companies shift focus toward cleaner technologies, regional manufacturing, and digital transformation to gain an edge.
Browse Full Report: https://www.factmr.com/report/2459/excavator-market
Recent Development
In June 2025, Volvo Construction Equipment announced a USD 260 million investment to expand its crawler-excavator production facilities across Asia (South Korea), Europe (Sweden), and North America (Pennsylvania, USA).
A new assembly line in Shippensburg, PA is set to commence operations in the first half of 2026, marking a strategic step toward regional localization. This investment aims to:
Reduce lead times for customers.
Strengthen resilience against global supply-chain disruptions.
Support growing demand for advanced, eco-friendly excavators in local markets.
This development underscores the industry's shift toward sustainable production, customer-centric supply models, and regional manufacturing strategies.
Regional Insights
Asia-Pacific dominates the market, with China, India, and Japan driving demand through mega infrastructure projects and smart city developments. The Belt and Road Initiative in China remains a cornerstone for construction equipment adoption.
North America is witnessing strong growth due to federal investments in transportation, energy, and public works. The push for infrastructure modernization in the United States is a major contributor.
Europe remains a key market for hybrid and electric excavators, supported by strict emissions regulations and sustainability mandates. Countries such as Germany, France, and the Nordic region are at the forefront of eco-friendly equipment deployment.
Middle East and Africa are gradually emerging markets, with demand fueled by oil & gas projects, mining, and urban expansion.
Outlook
The next decade will witness transformative shifts in the excavator industry. As governments accelerate infrastructure projects and contractors adopt digital and eco-friendly machinery, the market is expected to experience robust and sustained growth.
Industry leaders are anticipated to expand investments in AI-driven automation, electric mobility, and regional manufacturing hubs. With customer demand evolving toward efficient, green, and cost-effective solutions, innovation will remain the key competitive differentiator.
Related Market Studies Published by Fact.MR
Compact Excavator Market - https://www.factmr.com/report/370/compact-excavator-market
Excavator Rental Market - https://www.factmr.com/report/excavator-rental-market
Electric Excavators Market - https://www.factmr.com/report/3492/electric-excavators-market
Excavator Mulcher Market - https://www.factmr.com/report/excavator-mulcher-market
Contact Us:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team : sales@factmr.com
About Us:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.
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 Excavator Market Set to Reach USD 138.7 Billion by 2035, Driven by Infrastructure Expansion and Green Technology here
News-ID: 4178610 • Views: …
More Releases from Fact.MR Market Research
Casein Glycomacropeptide (CGMP) Market to Reach USD 215.9 Million by 2035, Drive …
The global casein glycomacropeptide (CGMP) market is set for steady growth, with valuation expected to rise from USD 126.4 million in 2025 to USD 215.9 million by 2035. According to industry analysis, the market will expand at a CAGR of 5.5% over the forecast period, fueled by increasing demand for functional food ingredients, medical nutrition solutions, and infant formula enhancements.
Market Drivers Fueling Growth
The rising awareness of protein-based functional ingredients is…
Black Rice Protein Market Set to Reach USD 445.4 Million by 2035, Driven by Clea …
The global black rice protein market is on an impressive growth trajectory, projected to surge from USD 226.4 million in 2025 to USD 445.4 million by 2035, advancing at a compound annual growth rate (CAGR) of 7.0% during the forecast period.
This robust expansion reflects the growing shift toward plant-based proteins, consumer demand for sustainable and allergen-free food alternatives, and the increasing popularity of functional nutrition products.
Market Drivers
The rise in…
Sugar-Free Ice Cream Market Poised to Reach USD 9.0 Billion by 2035 Amid Rising …
The global sugar-free ice cream market is entering a new phase of robust expansion as health-conscious consumers increasingly shift toward low-sugar and diabetic-friendly indulgence options.
According to a recent report by Fact.MR, the market is projected to reach USD 9.0 billion by 2035, up from USD 3.6 billion in 2025, reflecting a strong compound annual growth rate (CAGR) of 9.6% during the forecast period.
For More Insights into the Market, Request…
Smart Fabric Seats Market is Projected to Reach USD 5,290 Million by 2035, Growi …
The global smart fabric seats market is gaining strong momentum, projected to grow from USD 2,297 million in 2025 to USD 5,290 million by 2035, registering a robust CAGR of 8.7% during the forecast period. This remarkable growth underscores the rising adoption of advanced automotive seating solutions that blend comfort, sustainability, and technology-driven innovation.
Market Drivers Fueling Growth:
Several key factors are fueling the expansion of the smart fabric seats industry. Firstly,…
More Releases for Excavator
Top Factor Driving Hydraulic Excavator Market Growth in 2025: The Role Of Boomin …
What combination of drivers is leading to accelerated growth in the hydraulic excavator market?
The rise in construction activities is projected to drive the hydraulic excavator market moving forward. Construction involves developing buildings, infrastructure, and other structures. Rapid urbanization, infrastructure development, and a focus on construction efficiency are the main drivers. Hydraulic excavators are crucial in modern construction for their power, efficiency, and versatility. According to Kazakhstan's Bureau of National Statistics,…
DigHero RC Excavator Reviews: 360 Rotation Excavator Toy For Fun Play
DigHero RC Excavator Reviews: 360 Rotation Excavator Toy For Fun Play
Unleash the Power of Construction with the Dighero RC Excavator
Dive into the exciting world of construction play with the Dighero RC Excavator, a cutting-edge 11-channel remote-controlled marvel that brings the thrill of heavy machinery right into your hands. Designed for aspiring builders and engineering enthusiasts, this dynamic toy mimics the power and functionality of real construction vehicles, providing an immersive…
Excavator Bucket Specifications, Customization and Accessories
In order to make the excavator bucket [https://www.hokparts.com/excavator-undercarriage-parts/] suitable for your application scenario, you can customize the bucket with many additional features:
- Tooth Configurations: A key strategy for customizing your excavator is to integrate a variety of tooth designs into the front of the bucket. These tines are categorized according to application requirements: chisel tines, with their smooth beveled tips and flat bottoms, are suitable for a wide range of…
Excavator Rubber Mats: The Future Direction
Excavator rubber pads [https://www.gatortrack.com/excavator-rubber-pads/] play a vital role in the construction and mining industries, providing traction, stability and protection to machines and the ground they run on. As technology continues to advance, the future direction of excavator rubber mats promises significant improvements in performance, durability and environmental sustainability.
One of the key areas for future development of track pad excavator [https://www.gatortrack.com/excavator-rubber-pads/] is the integration of advanced materials and manufacturing technology. The…
Suction Excavator (Vacuum Excavator) Market 2020 Precise Outlook- GapVax, Cappel …
The report Suction Excavator (Vacuum Excavator) provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Suction Excavator (Vacuum…
Electric Excavator Market Analysis & Forecast 2019 -2025| Sennebogen, Volvo, IH …
The 100% electric excavator prototype delivers zero emissions, 10 times higher efficiency, 10 times lower noise levels and reduced total cost of ownership compared to its conventional counterparts.
The Electric Excavator market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and…
