Market Overview:
The global bucket excavator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bucket excavators in various applications such as coal mining, metal mining, and others. Additionally, the growing construction and infrastructure industry is also fueling the demand for bucket excavators globally.
Product Definition:
Bucket Excavator is a construction vehicle that is used for excavation purposes. It has a bucket at the front that can be used to scoop up soil, rocks, and other debris. The Bucket Excavator can then deposit the material in another location.
Compact Type:
Compact type is a small sized excavator, it's mainly used for light construction work like grading, digging holes and laying foundations. It has advantages over standard size excavators such as less ground pressure which reduces the wear and tear of the machine, low operating costs due to lightweight body and easy maneuvering due to its compact design.
Larhge Type:
Larhge is a type of excavator that has large bucket and it's capacity can go upto 12,000 LBS. It is used for digging big holes in construction sites or in mining areas. The main advantage of using larhge excavators over small ones is that the former can handle more material at once and also work at greater depths without any problems like engine overheating or any mechanical breakdowns.
Application Insights:
The coal mining application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for coal across various regions, including Asia Pacific and Europe, owing to its usage as an energy source. Moreover, stringent regulations on reducing greenhouse gas emissions are likely to boost product demand in this application type.
Coal production has increased significantly since 2000; however, it declined by around 9% from 2015-2016 due largely to low global prices coupled with technological substitution towards other sources of energy such as natural gas and oil during this period of time. However, several countries continue producing coal despite low prices including Australia, Indonesia and India which is expected to have a positive impact on market growth over the coming years (Ref).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of construction activities due to growing urbanization and infrastructure development. This, in turn, is anticipated to fuel product demand from 2018 to 2030.
The Middle East & Africa market was valued at USD X million in 2017 owing to increasing government investments for infrastructural developments coupled with rising oil & gas exploration activities across countries such as Saudi Arabia and others are anticipated drive product demand over the forecast period.
North America accounted for a significant share of revenue owing to presence of prominent players operating within U.S., Canada, Mexico which have been expanding their operations through both conventional as well as unconventional means such as mergers & acquisitions or expansion of their business units thereby driving industry growth over the projected time frame.
Growth Factors:
- Increasing demand for bucket excavators in the construction and mining industries due to their high efficiency and productivity.
- Rising awareness about the benefits of bucket excavators among end-users, which is resulting in an increase in demand for these machines.
- Technological advancements in bucket excavator design and features, which is making them more efficient and productive than ever before.
- Growing infrastructure development activities across the globe, especially in emerging economies, is fueling the demand for bucket excavators.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bucket Excavator Market Research Report
By Type
Compact Type, Larhge Type
By Application
Coal Mining, Metal Mining, Others
By Companies
Thyssenkrupp, Liebherr, Taiyuan Heavy Machinery Group, L&H Industrial, Kawasaki, TAKRAF GmbH, North Heavy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Bucket Excavator Market Report Segments:
The global Bucket Excavator market is segmented on the basis of:
Types
Compact Type, Larhge Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coal Mining, Metal Mining, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thyssenkrupp
- Liebherr
- Taiyuan Heavy Machinery Group
- L&H Industrial
- Kawasaki
- TAKRAF GmbH
- North Heavy
Highlights of The Bucket Excavator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compact Type
- Larhge Type
- By Application:
- Coal Mining
- Metal Mining
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bucket Excavator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A bucket excavator is a machine used to remove earth, rocks, and other material from a excavation site.
Some of the major companies in the bucket excavator market are Thyssenkrupp, Liebherr, Taiyuan Heavy Machinery Group, L&H Industrial, Kawasaki, TAKRAF GmbH, North Heavy.
The bucket excavator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bucket Excavator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bucket Excavator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bucket Excavator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bucket Excavator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bucket Excavator Market Size & Forecast, 2018-2028
4.5.1 Bucket Excavator Market Size and Y-o-Y Growth
4.5.2 Bucket Excavator Market Absolute $ Opportunity
Chapter 5 Global Bucket Excavator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bucket Excavator Market Size Forecast by Type
5.2.1 Compact Type
5.2.2 Larhge Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bucket Excavator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bucket Excavator Market Size Forecast by Applications
6.2.1 Coal Mining
6.2.2 Metal Mining
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bucket Excavator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bucket Excavator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bucket Excavator Analysis and Forecast
9.1 Introduction
9.2 North America Bucket Excavator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bucket Excavator Market Size Forecast by Type
9.6.1 Compact Type
9.6.2 Larhge Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bucket Excavator Market Size Forecast by Applications
9.10.1 Coal Mining
9.10.2 Metal Mining
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bucket Excavator Analysis and Forecast
10.1 Introduction
10.2 Europe Bucket Excavator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bucket Excavator Market Size Forecast by Type
10.6.1 Compact Type
10.6.2 Larhge Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bucket Excavator Market Size Forecast by Applications
10.10.1 Coal Mining
10.10.2 Metal Mining
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bucket Excavator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bucket Excavator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bucket Excavator Market Size Forecast by Type
11.6.1 Compact Type
11.6.2 Larhge Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bucket Excavator Market Size Forecast by Applications
11.10.1 Coal Mining
11.10.2 Metal Mining
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bucket Excavator Analysis and Forecast
12.1 Introduction
12.2 Latin America Bucket Excavator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bucket Excavator Market Size Forecast by Type
12.6.1 Compact Type
12.6.2 Larhge Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bucket Excavator Market Size Forecast by Applications
12.10.1 Coal Mining
12.10.2 Metal Mining
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bucket Excavator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bucket Excavator Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bucket Excavator Market Size Forecast by Type
13.6.1 Compact Type
13.6.2 Larhge Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bucket Excavator Market Size Forecast by Applications
13.10.1 Coal Mining
13.10.2 Metal Mining
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bucket Excavator Market: Competitive Dashboard
14.2 Global Bucket Excavator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thyssenkrupp
14.3.2 Liebherr
14.3.3 Taiyuan Heavy Machinery Group
14.3.4 L&H Industrial
14.3.5 Kawasaki
14.3.6 TAKRAF GmbH
14.3.7 North Heavy
