Market Overview:
The global crawler 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 crawler excavators in construction, mining, forestry & agriculture, and other applications. The Asia Pacific region is expected to lead the market during the forecast period owing to the growing infrastructure development activities and rising demand for crawler excavators from countries such as China and India.
Product Definition:
A crawler excavator is a heavy construction equipment that consists of a platform, tracks, and an arm. The platform is mounted on the tracks, which allow the machine to move around easily. The arm has a bucket attached at one end that can be used to dig up soil and rocks. Crawler excavators are often used in construction projects where there is a lot of earthmoving required, such as building roads or constructing buildings.
Standard:
The standard is a measurement for the overall size and strength of equipment used in construction activities. It helps to compare various types of equipment such as loaders, excavators, backhoe loaders, skid-steer loaders and compactors among others. The global standard has been developed by the International Organization for Standardization (ISO) and is maintained by ISO/IEC JTC1/SC22B & SC32A.
Hybrid:
Hybrid is a combination of gas/fuel and electric powertrain in one vehicle. Hybrid vehicles are designed to improve fuel economy and reduce harmful emissions by using a variety of energy sources, which include electricity as well as the gasoline engine. The hybrid system works like an electric motor during braking and then re-energizes with the help of a small battery to provide extra push when needed.
Application Insights:
The construction application segment accounted for the largest share of over 50.0% in 2017 and is expected to witness significant growth over the forecast period. The growth can be attributed to increasing urbanization, which has resulted in increased demand for construction activities across various regions including Asia Pacific, North America and Europe. Furthermore, governments in countries such as India have launched numerous initiatives aimed at developing infrastructure sector which is further anticipated to propel market demand over the forecast period.
The others application segment includes agriculture & forestry where crawler excavators are used for clearing debris from farmlands and forests before harvesting operations commence.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed significant growth in recent years owing to rapid infrastructure development, coupled with increasing government spending on road construction activities. In addition, rising demand for industrial buildings such as factories and offices is anticipated to drive the regional market growth over the forecast period.
The Middle East & Africa region accounted for a relatively smaller share of revenue in comparison with other regions due to lack of information regarding operating practices of crawler excavators across countries such as Saudi Arabia and United Arab Emirates (UAE). However, once these countries start operations after general elections this year 2018, Crawler Excavator Market would witness a surge in demand from various sectors including mining industry due to increased government spending on infrastructure development projects related to water supply & sanitation and transportation networks within their respective nations. Moreover, rising oil & gas exploration activities are also likely boost product demand over the next eight years or so.
Growth Factors:
- Increasing demand for crawler excavators in the construction and mining industries due to their superior performance and efficiency.
- Rising population and rapid urbanization, which is resulting in an increase in infrastructure development activities across the globe. This is consequently fueling the demand for crawler excavators.
- Growing awareness about the benefits of using crawler excavators over traditional excavation methods, which is helping to boost their adoption rates globally.
- Technological advancements being made in crawler excavator design and functionality, making them more efficient and productive than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Crawler Excavator Market Research Report
By Type
Standard, Hybrid, Short Tail, Super Long Front
By Application
Construction, Mining, Forestry & Agriculture, Others
By Companies
Caterpillar, Deere, Hitachi, Komatsu, Volvo, Doosan Bobcat, CNH, Sany, Liebherr, Hyundai, Caterpillar
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Crawler Excavator Market Report Segments:
The global Crawler Excavator market is segmented on the basis of:
Types
Standard, Hybrid, Short Tail, Super Long Front
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
Construction, Mining, Forestry & Agriculture, 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:
- Caterpillar
- Deere
- Hitachi
- Komatsu
- Volvo
- Doosan Bobcat
- CNH
- Sany
- Liebherr
- Hyundai
- Caterpillar
Highlights of The Crawler 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:
- Standard
- Hybrid
- Short Tail
- Super Long Front
- By Application:
- Construction
- Mining
- Forestry & Agriculture
- 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 Crawler 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 crawler excavator is a machine that is used to move soil, rocks, and other materials. It has a rotating drum on the front that digs through the ground.
Some of the major players in the crawler excavator market are Caterpillar, Deere, Hitachi, Komatsu, Volvo, Doosan Bobcat, CNH, Sany, Liebherr, Hyundai, Caterpillar.
The crawler 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 Crawler 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 Crawler Excavator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Crawler 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 Crawler 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 Crawler Excavator Market Size & Forecast, 2020-2028
4.5.1 Crawler Excavator Market Size and Y-o-Y Growth
4.5.2 Crawler Excavator Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Standard
5.2.2 Hybrid
5.2.3 Short Tail
5.2.4 Super Long Front
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Mining
6.2.3 Forestry & Agriculture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Crawler 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 Crawler 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Standard
9.6.2 Hybrid
9.6.3 Short Tail
9.6.4 Super Long Front
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 Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Mining
9.10.3 Forestry & Agriculture
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Standard
10.6.2 Hybrid
10.6.3 Short Tail
10.6.4 Super Long Front
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 Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Mining
10.10.3 Forestry & Agriculture
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Standard
11.6.2 Hybrid
11.6.3 Short Tail
11.6.4 Super Long Front
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 Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Mining
11.10.3 Forestry & Agriculture
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Standard
12.6.2 Hybrid
12.6.3 Short Tail
12.6.4 Super Long Front
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 Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Mining
12.10.3 Forestry & Agriculture
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Standard
13.6.2 Hybrid
13.6.3 Short Tail
13.6.4 Super Long Front
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) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Mining
13.10.3 Forestry & Agriculture
13.10.4 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 Crawler Excavator Market: Competitive Dashboard
14.2 Global Crawler Excavator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caterpillar
14.3.2 Deere
14.3.3 Hitachi
14.3.4 Komatsu
14.3.5 Volvo
14.3.6 Doosan Bobcat
14.3.7 CNH
14.3.8 Sany
14.3.9 Liebherr
14.3.10 Hyundai
14.3.11 Caterpillar
