Market Overview:
The global hydraulic-based hybrid 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 hydraulic-based hybrid excavators in mining, road building, construction, and other applications across the globe. Additionally, factors such as technological advancements and rising awareness about environment-friendly equipment are also contributing to the growth of this market. Based on type, the global hydraulic-based hybrid excavators market is segmented into 20-30 ton, above 30 ton, and below 20 ton segments. The above 30 ton segment is expected to account for a major share of the global hydraulic-based hybrid excavators market in 2018 owing to its high performance and efficiency compared with other types of hydraulic hybrids available in the market. Based on application, the global hydraulically based hybrid excavator’s markets is further divided into mining excavation,, road building excavation,, construction excavation,, demolition,, land development,, forestry,.and others segments In terms of revenue contribution,.
Product Definition:
A hydraulic-based hybrid excavator is a construction machine that uses a combination of electric motors and hydraulic power to drive its components. The electric motors are used for initial movement and low-power tasks, such as digging in soft soil, while the hydraulics take over for high-power tasks, such as moving large loads or breaking up pavement. This arrangement allows the excavator to use less fuel overall, which can result in significant cost savings over the life of the machine.
20-30 Ton:
20-30 ton hydraulic excavators are used for light construction work, such as digging holes and laying foundations. They are also used in small demolitions works and for various other tasks that require less than 15 tons of force. These excavators have a low operating cost due to their simple design with fewer components, which reduces the maintenance cost as well.
Above 30 Ton:
The above 30 ton is a weight class of heavy commercial earthmoving machinery. It is used to indicate the highest capacity of lifting equipment in global markets. The weight class was established after analyzing the demand for excavators across different regions and industry verticals.
Application Insights:
The application segment includes mining, road building, construction and others. In 2017, the mining application accounted for over 40% of the revenue share in North America. The segment is projected to witness significant growth on account of increasing demand for coal and other minerals from various industries including steel manufacturing.
In recent years there has been a rise in demand for opencast coal mines across various regions due to declining prices of coal and its substitutes such as natural gas & petroleum coke which have led to an overall decline in the industrial sector resulting in a decline in construction activities leading to reduced demand for road building activities resulting eventually into low penetration rate compared to other applications globally.
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 mining companies, which are actively investing in machinery to reduce their operating costs. This is likely to drive demand for hydraulic-based hybrid excavators over the next eight years.
The Asia Pacific regional market was followed by Europe, which accounted for more than 25% of total revenue share in 2017 owing to high demand from countries such as Russia and Turkey. In addition, stringent government regulations regarding exhaust emission coupled with increasing focus on energy conservation are expected to drive product demand across European countries during the forecast period.
North America also had a significant presence in global arena with U.S.
Growth Factors:
- Increasing demand for hydraulic-based hybrid excavators from the construction and infrastructure sectors due to the advantages offered by these machines over traditional excavators.
- Growing awareness about the benefits of hydraulic-based hybrid excavators among end users, which is resulting in an increase in their adoption across various applications.
- The increasing popularity of hydraulic-based hybrid excavators among rental companies as they offer lower fuel consumption and emissions as compared to diesel-powered machines.
- The development of more fuel efficient engines and advances in hydraulics technology that are helping to reduce the environmental impact of hydraulic-based hybrid excavators .
- The increasing use of electric power systems in construction projects, which is benefiting the growth prospects for hydraulic-based hybrid excavators market
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic-based Hybrid Excavators Market Research Report
By Type
20-30 Ton, Above 30 Ton, Below 20 Ton
By Application
Mining, Road Building, Construction, Other
By Companies
Caterpillar/Cat, Komatsu, Hitachi, Kobelco, Takeuchi, Hyundai Heavy Industries, Sumitomo, Sunward
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic-based Hybrid Excavators Market Report Segments:
The global Hydraulic-based Hybrid Excavators market is segmented on the basis of:
Types
20-30 Ton, Above 30 Ton, Below 20 Ton
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
Mining, Road Building, Construction, Other
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/Cat
- Komatsu
- Hitachi
- Kobelco
- Takeuchi
- Hyundai Heavy Industries
- Sumitomo
- Sunward
Highlights of The Hydraulic-based Hybrid 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:
- 20-30 Ton
- Above 30 Ton
- Below 20 Ton
- By Application:
- Mining
- Road Building
- Construction
- Other
- 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 Hydraulic-based Hybrid 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
- 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?
Hydraulic-based hybrid excavators are a type of machine that combines the power and efficiency of hydraulic systems with the strength and durability of traditional mechanical systems. This makes them an ideal choice for use in difficult environments, such as on slopes or in areas with heavy debris.
Some of the key players operating in the hydraulic-based hybrid excavators market are Caterpillar/Cat, Komatsu, Hitachi, Kobelco, Takeuchi, Hyundai Heavy Industries, Sumitomo, Sunward.
The hydraulic-based hybrid excavators market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic-based Hybrid Excavators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic-based Hybrid Excavators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic-based Hybrid Excavators Market - Supply Chain
4.5. Global Hydraulic-based Hybrid Excavators Market Forecast
4.5.1. Hydraulic-based Hybrid Excavators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic-based Hybrid Excavators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic-based Hybrid Excavators Market Absolute $ Opportunity
5. Global Hydraulic-based Hybrid Excavators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Type
5.3.1. 20-30 Ton
5.3.2. Above 30 Ton
5.3.3. Below 20 Ton
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic-based Hybrid Excavators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Road Building
6.3.3. Construction
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic-based Hybrid Excavators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic-based Hybrid Excavators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic-based Hybrid Excavators Demand Share Forecast, 2019-2026
9. North America Hydraulic-based Hybrid Excavators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Road Building
9.4.3. Construction
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Type
9.7.1. 20-30 Ton
9.7.2. Above 30 Ton
9.7.3. Below 20 Ton
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic-based Hybrid Excavators Demand Share Forecast, 2019-2026
10. Latin America Hydraulic-based Hybrid Excavators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Road Building
10.4.3. Construction
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Type
10.7.1. 20-30 Ton
10.7.2. Above 30 Ton
10.7.3. Below 20 Ton
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic-based Hybrid Excavators Demand Share Forecast, 2019-2026
11. Europe Hydraulic-based Hybrid Excavators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Road Building
11.4.3. Construction
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Type
11.7.1. 20-30 Ton
11..2. Above 30 Ton
11.7.3. Below 20 Ton
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic-based Hybrid Excavators Demand Share, 2019-2026
12. Asia Pacific Hydraulic-based Hybrid Excavators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Road Building
12.4.3. Construction
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Type
12.7.1. 20-30 Ton
12.7.2. Above 30 Ton
12.7.3. Below 20 Ton
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic-based Hybrid Excavators Demand Share, 2019-2026
13. Middle East & Africa Hydraulic-based Hybrid Excavators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic-based Hybrid Excavators Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Road Building
13.4.3. Construction
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic-based Hybrid Excavators Market Size and Volume Forecast by Type
13.7.1. 20-30 Ton
13.7.2. Above 30 Ton
13.7.3. Below 20 Ton
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic-based Hybrid Excavators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic-based Hybrid Excavators Market: Market Share Analysis
14.2. Hydraulic-based Hybrid Excavators Distributors and Customers
14.3. Hydraulic-based Hybrid Excavators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Caterpillar/Cat
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Komatsu
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kobelco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Takeuchi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hyundai Heavy Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sumitomo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sunward
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook