Market Overview:
The global large excavators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for large excavators in construction, transportation, mining and other applications across the globe. Asia Pacific is expected to be the fastest growing region for the global large excavators market during the forecast period.
Product Definition:
Large Excavators are machines that are used to excavate large amounts of earth. They can be used for a variety of purposes, such as creating trenches for pipelines or building foundations for large structures.
30t to 50t:
30t to 50t is a range of small excavators that are widely used for residential and light commercial applications. It has been observed that these types of excavators have the ability to serve the purpose well in both small and large scale projects. The growth factor in this segment is attributed to its capability to work under low ground pressure, which makes it suitable for use in construction activities where other heavy-duty equipment cannot be used.
above 50t:
The above 50t capacity excavators are used for various applications in the construction industry. The market is expected to grow at a significant rate owing to increasing demand from end-use industries such as infrastructure, mining & excavation, and heavy earthmoving equipment.
Growing urbanization across the globe has resulted in an increased need for infrastructure development activities which is further expected to drive the global market growth over the forecast period.
Application Insights:
The construction application segment led the market and accounted for more than 45% share of the global revenue in 2017. The growth is attributed to an increase in infrastructure projects, including railway networks, roads and bridges across various regions. For instance, according to a study by the Oxford Institute for Energy Studies, around USD 1.7 trillion will be invested globally over the next five years (2018-22) on energy infrastructure projects such as power generation plants and transmission & distribution lines. Thus, large excavators are widely used in construction activities owing to their ability to provide high productivity at a lower cost as compared with other equipment of similar capacity.
The transportation application segment is expected witness significant growth over the forecast period due to increasing demand for passenger and commercial vehicles from several industries including mining, automotive and logistics among others.
Regional Analysis:
Asia Pacific dominated the global large excavators market in 2016 and is expected to continue its dominance over the forecast period. The region has witnessed a boom in infrastructure development, owing to which demand for heavy machinery including large excavators is expected to increase significantly. China, India and Japan are some of the largest markets that are anticipated to drive regional growth over the next eight years.
The Asia Pacific was followed by Europe with a share of 26.3% in 2016 owing to high construction activities across European countries such as Germany, U.K.
North America occupied third position with a share of 22% in 2016 due to high demand from U S & Canada construction industry driving regional growth over 8 years horizon till 2030 at an estimated CAGR 5%.
Growth Factors:
- Increasing demand for large excavators in the construction and infrastructure sectors
- Rising urbanization and industrialization in developing countries
- Growing demand for large excavators in the mining and quarrying industries
- Technological advancements that improve the performance of large excavators
- Increasing adoption of rental services for large excavators
Scope Of The Report
Report Attributes
Report Details
Report Title
Large Excavators Market Research Report
By Type
30t to 50t, above 50t
By Application
Construction, Transportation, Mining, Others
By Companies
Caterpillar, Komatsu, Doosan, Volvo, John Deere, Hitachi, SANY, HYUNDAI, XCMG, LiuGong, 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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Large Excavators Market Report Segments:
The global Large Excavators market is segmented on the basis of:
Types
30t to 50t, above 50t
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, Transportation, 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:
- Caterpillar
- Komatsu
- Doosan
- Volvo
- John Deere
- Hitachi
- SANY
- HYUNDAI
- XCMG
- LiuGong
- Caterpillar
Highlights of The Large Excavators 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:
- 30t to 50t
- above 50t
- By Application:
- Construction
- Transportation
- 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 Large Excavators 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Large excavators are machines that are used to remove large amounts of earth, rock, or other material. They can be used for a variety of purposes, including construction and mining.
Some of the key players operating in the large excavators market are Caterpillar, Komatsu, Doosan, Volvo, John Deere, Hitachi, SANY, HYUNDAI, XCMG, LiuGong, Caterpillar.
The large excavators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Large Excavators 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 Large Excavators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Large Excavators 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 Large Excavators 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 Large Excavators Market Size & Forecast, 2018-2028
4.5.1 Large Excavators Market Size and Y-o-Y Growth
4.5.2 Large Excavators Market Absolute $ Opportunity
Chapter 5 Global Large Excavators 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 Large Excavators Market Size Forecast by Type
5.2.1 30t to 50t
5.2.2 above 50t
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Large Excavators 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 Large Excavators Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Transportation
6.2.3 Mining
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Large Excavators 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 Large Excavators 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 Large Excavators Analysis and Forecast
9.1 Introduction
9.2 North America Large Excavators 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 Large Excavators Market Size Forecast by Type
9.6.1 30t to 50t
9.6.2 above 50t
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 Large Excavators Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Transportation
9.10.3 Mining
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 Large Excavators Analysis and Forecast
10.1 Introduction
10.2 Europe Large Excavators 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 Large Excavators Market Size Forecast by Type
10.6.1 30t to 50t
10.6.2 above 50t
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 Large Excavators Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Transportation
10.10.3 Mining
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 Large Excavators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Large Excavators 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 Large Excavators Market Size Forecast by Type
11.6.1 30t to 50t
11.6.2 above 50t
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 Large Excavators Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Transportation
11.10.3 Mining
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 Large Excavators Analysis and Forecast
12.1 Introduction
12.2 Latin America Large Excavators 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 Large Excavators Market Size Forecast by Type
12.6.1 30t to 50t
12.6.2 above 50t
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 Large Excavators Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Transportation
12.10.3 Mining
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) Large Excavators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Large Excavators 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) Large Excavators Market Size Forecast by Type
13.6.1 30t to 50t
13.6.2 above 50t
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) Large Excavators Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Transportation
13.10.3 Mining
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 Large Excavators Market: Competitive Dashboard
14.2 Global Large Excavators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caterpillar
14.3.2 Komatsu
14.3.3 Doosan
14.3.4 Volvo
14.3.5 John Deere
14.3.6 Hitachi
14.3.7 SANY
14.3.8 HYUNDAI
14.3.9 XCMG
14.3.10 LiuGong
14.3.11 Caterpillar
