Market Overview:
The global earth-moving machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for earth-moving machinery from the construction and mining industries. The loaders segment is expected to dominate the market during the forecast period, owing to its high demand from construction and mining applications. However, excavators are also witnessing high demand due to their ability to handle large excavation tasks in a short time span.
Product Definition:
The term "earth-moving machinery" generally refers to heavy equipment used in construction and mining, such as bulldozers, excavators, and backhoes. These machines are essential for moving earth and debris during the construction or demolition of a structure.
Loaders:
The global loaders market size was valued at USD 4.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for construction equipment on account of rapid urbanization and industrialization is anticipated to drive the growth of this market during the forecast period.
Excavators:
Excavators are machines used for digging or removing soil and rock. Excavation is a key part of many construction projects, including building new roads, railways, airports; making room for new buildings and infrastructure; extracting minerals like coal, iron ore etc.; and other such tasks.
Excavators can be used in various applications depending on the type of work required to be done.
Application Insights:
The construction segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing number of infrastructure projects, such as new residential and commercial buildings, roads and railway networks across various regions. For instance, according to a study by real estate consultants JLL, China will invest USD 8 trillion in building out its urban sector from 2015 to 2020. This investment is expected to drive demand for construction equipment in China over the next six years.
Surface mining is anticipated to witness significant growth owing to rising demand for coal and other minerals from Asia Pacific region including Japan and India where they have been rapidly industrializing since past few decades.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities, which is likely to drive the demand for earth-moving machinery. In addition, increasing government spending on infrastructure development projects such as airports and high-speed railways across emerging economies of India, China and Southeast Asian countries are expected to boost product demand further.
Europe accounted for a significant share of revenue in 2017 owing to growing investments by governments in public infrastructure development projects such as motorways and railways. In addition, stringent regulations regarding emission norms by regulatory bodies such as European Environment Agency (EEA) are anticipated to increase adoption of more fuel-efficient equipment types with reduced emissions among manufacturers operating within Europe region over the next few years.
Growth Factors:
- Increasing demand for earth-moving machinery from the construction and infrastructure sectors
- Rising demand for earth-moving machinery from the mining and quarrying industries
- Growing awareness about the benefits of using earth-moving machinery among end users
- Technological advancements in earth-moving machinery that improve efficiency and performance
- Increasing investments by manufacturers in research and development to develop new products
Scope Of The Report
Report Attributes
Report Details
Report Title
Earth-moving Machinery Market Research Report
By Type
Loaders, Excavators, Others
By Application
Construction, Underground Mining, Surface Mining
By Companies
Atlas Copco, BEML, Bobcat Company, Caterpillar, CNH Global, Doosan, Hitachi Construction Machinery, Hyundai Heavy Industries, JCB, John Deere, Atlas Copco, Liebherr, Sany Heavy Industries, Sumitomo, Terex Corp, Volvo Construction Equipment
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Earth-moving Machinery Market Report Segments:
The global Earth-moving Machinery market is segmented on the basis of:
Types
Loaders, Excavators, Others
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, Underground Mining, Surface Mining
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:
- Atlas Copco
- BEML
- Bobcat Company
- Caterpillar
- CNH Global
- Doosan
- Hitachi Construction Machinery
- Hyundai Heavy Industries
- JCB
- John Deere
- Atlas Copco
- Liebherr
- Sany Heavy Industries
- Sumitomo
- Terex Corp
- Volvo Construction Equipment
Highlights of The Earth-moving Machinery 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:
- Loaders
- Excavators
- Others
- By Application:
- Construction
- Underground Mining
- Surface Mining
- 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 Earth-moving Machinery 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?
Earth-moving machinery is a category of heavy equipment used for moving earth, sand, and other materials. It can be used for construction or mining projects, as well as road and bridge maintenance.
Some of the major players in the earth-moving machinery market are Atlas Copco, BEML, Bobcat Company, Caterpillar, CNH Global, Doosan, Hitachi Construction Machinery, Hyundai Heavy Industries, JCB, John Deere, Atlas Copco, Liebherr, Sany Heavy Industries, Sumitomo, Terex Corp, Volvo Construction Equipment.
The earth-moving machinery 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 Earth-moving Machinery 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 Earth-moving Machinery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Earth-moving Machinery 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 Earth-moving Machinery 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 Earth-moving Machinery Market Size & Forecast, 2020-2028
4.5.1 Earth-moving Machinery Market Size and Y-o-Y Growth
4.5.2 Earth-moving Machinery 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 Loaders
5.2.2 Excavators
5.2.3 Others
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 Underground Mining
6.2.3 Surface Mining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Earth-moving Machinery 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 Earth-moving Machinery 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 Loaders
9.6.2 Excavators
9.6.3 Others
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 Underground Mining
9.10.3 Surface Mining
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 Loaders
10.6.2 Excavators
10.6.3 Others
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 Underground Mining
10.10.3 Surface Mining
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 Loaders
11.6.2 Excavators
11.6.3 Others
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 Underground Mining
11.10.3 Surface Mining
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 Loaders
12.6.2 Excavators
12.6.3 Others
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 Underground Mining
12.10.3 Surface Mining
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 Loaders
13.6.2 Excavators
13.6.3 Others
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 Underground Mining
13.10.3 Surface Mining
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 Earth-moving Machinery Market: Competitive Dashboard
14.2 Global Earth-moving Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 BEML
14.3.3 Bobcat Company
14.3.4 Caterpillar
14.3.5 CNH Global
14.3.6 Doosan
14.3.7 Hitachi Construction Machinery
14.3.8 Hyundai Heavy Industries
14.3.9 JCB
14.3.10 John Deere
14.3.11 Atlas Copco
14.3.12 Liebherr
14.3.13 Sany Heavy Industries
14.3.14 Sumitomo
14.3.15 Terex Corp
14.3.16 Volvo Construction Equipment
