Market Overview:
The global medium excavators market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the medium excavators market can be attributed to the increasing demand for construction equipment from the building and real estate sector, rising public infrastructure investments, and growing mining and oil & gas activities across the globe. Based on type, crawler-mounted medium excavators are expected to account for a larger share of the global medium excavators market in 2018. This can be attributed to their high efficiency and productivity as compared to tired-mounted medium excavators.
Product Definition:
Medium Excavators are used to excavate earth and other materials. They are typically powered by diesel engines, and can be either tracked or wheeled. Medium Excavators are important for construction projects, as they can quickly remove large amounts of earth.
Crawler:
Crawler is a device used to pull the equipment or vehicles on the job site. It's primary function is to provide mobility and flexibility in excavation operations. Crawlers are self-propelled, motorized units that can be used for various purposes including moving material, changing positions, or accessing hard-to-reach areas at the job site.
The global medium excavators market size was valued at USD 10.67 billion in 2016.
Tired:
Tired is a mechanical device, which is used to reduce the speed of a reciprocating engine. The machine consists of an inner and outer rotating part. As the name suggests, when this mechanism gets heated it gets tired and hence cannot perform work efficiently. This results in reducing the power output from engine to minimal level thereby enabling operator to maintain stability of machine during heavy working hours.
Advantages associated with Tired.
Application Insights:
The building and real estate application segment accounted for the largest revenue share of over 30% in 2017. The growth is attributed to the increasing number of construction activities across various regions, especially in developing countries like India and China. For instance, as per a research study by Construction Intelligence Center (CIC), there were nearly 1,716 million square feet (152.1 sq km) of office space constructed globally in 2016 while it was estimated to be only 1,550 million square feet (139.5 sq km) five years earlier in 2010 which indicates a growth rate of around 7%. Such factors are expected to drive medium excavators market demand over the forecast period with respect to building and real estate applications.
The public utilities application segment is anticipated witness significant growth during the forecast period owing to rapid urbanization along with industrialization & infrastructure development projects being carried out at an increased pace across various developing countries including India, Indonesia Vietnam Thailand etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to rapid infrastructure development and increasing mining activities in countries, such as Australia, China, India, and Japan. In addition, rising demand for commercial buildings in countries like China and India is likely to drive market growth. The Asia Pacific medium excavators market accounted for a revenue share of more than 30% in 2017 owing to high construction spending along with increased government investments on infrastructural development.
The Middle East & Africa region is also anticipated to witness significant growth over the coming years due its large oil & gas reserves that are yet unexplored making it an attractive investment destination for global players operating within the industry as well as outside it looking at potential opportunities in MEA markets.
Growth Factors:
- Increasing demand for construction and infrastructure development activities across the globe.
- Growing urbanization and industrialization in developing countries is expected to drive the demand for medium excavators over the forecast period.
- Rising investments in mining and mineral exploration activities are anticipated to propel the market growth during the forecast period.
- Technological advancements in medium excavators coupled with increasing adoption of these machines in various end-use industries is projected to fuel market growth over next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium Excavators Market Research Report
By Type
Crawler, Tired
By Application
Building/Real Estate, Public Utilities, Mining & Oil Well, Others
By Companies
XCMG, SANY, Hitachi, Famur, Caterpillar, Zoomlion, Komatsu, Volvo Construction Equipment, Hyundai, Shandong Shantui Construction Machine, JCB, Case Construction, Liebherr, Kaiser, Mecalac, Foremost Industries LP, Doosan
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 Medium Excavators Market Report Segments:
The global Medium Excavators market is segmented on the basis of:
Types
Crawler, Tired
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
Building/Real Estate, Public Utilities, Mining & Oil Well, 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:
- XCMG
- SANY
- Hitachi
- Famur
- Caterpillar
- Zoomlion
- Komatsu
- Volvo Construction Equipment
- Hyundai
- Shandong Shantui Construction Machine
- JCB
- Case Construction
- Liebherr
- Kaiser
- Mecalac
- Foremost Industries LP
- Doosan
Highlights of The Medium 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:
- Crawler
- Tired
- By Application:
- Building/Real Estate
- Public Utilities
- Mining & Oil Well
- 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 Medium 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?
Medium Excavators are a type of construction equipment that is used to remove earth, rock, and other materials from a site.
Some of the key players operating in the medium excavators market are XCMG, SANY, Hitachi, Famur, Caterpillar, Zoomlion, Komatsu, Volvo Construction Equipment, Hyundai, Shandong Shantui Construction Machine, JCB, Case Construction, Liebherr, Kaiser, Mecalac, Foremost Industries LP, Doosan.
The medium excavators market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medium 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. Medium Excavators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medium Excavators Market - Supply Chain
4.5. Global Medium Excavators Market Forecast
4.5.1. Medium Excavators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medium Excavators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medium Excavators Market Absolute $ Opportunity
5. Global Medium 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. Medium Excavators Market Size and Volume Forecast by Type
5.3.1. Crawler
5.3.2. Tired
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medium 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. Medium Excavators Market Size and Volume Forecast by Application
6.3.1. Building/Real Estate
6.3.2. Public Utilities
6.3.3. Mining & Oil Well
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medium 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. Medium 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 Medium 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. Medium 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 Medium Excavators Demand Share Forecast, 2019-2026
9. North America Medium 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 Medium 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 Medium Excavators Market Size and Volume Forecast by Application
9.4.1. Building/Real Estate
9.4.2. Public Utilities
9.4.3. Mining & Oil Well
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medium Excavators Market Size and Volume Forecast by Type
9.7.1. Crawler
9.7.2. Tired
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 Medium Excavators Demand Share Forecast, 2019-2026
10. Latin America Medium 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 Medium 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 Medium Excavators Market Size and Volume Forecast by Application
10.4.1. Building/Real Estate
10.4.2. Public Utilities
10.4.3. Mining & Oil Well
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medium Excavators Market Size and Volume Forecast by Type
10.7.1. Crawler
10.7.2. Tired
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 Medium Excavators Demand Share Forecast, 2019-2026
11. Europe Medium 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 Medium 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 Medium Excavators Market Size and Volume Forecast by Application
11.4.1. Building/Real Estate
11.4.2. Public Utilities
11.4.3. Mining & Oil Well
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medium Excavators Market Size and Volume Forecast by Type
11.7.1. Crawler
11.7.2. Tired
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Mrket 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 Medium Excavators Demand Share, 2019-2026
12. Asia Pacific Medium 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 Medium 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 Medium Excavators Market Size and Volume Forecast by Application
12.4.1. Building/Real Estate
12.4.2. Public Utilities
12.4.3. Mining & Oil Well
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medium Excavators Market Size and Volume Forecast by Type
12.7.1. Crawler
12.7.2. Tired
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 Medium Excavators Demand Share, 2019-2026
13. Middle East & Africa Medium 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 Medium 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 Medium Excavators Market Size and Volume Forecast by Application
13.4.1. Building/Real Estate
13.4.2. Public Utilities
13.4.3. Mining & Oil Well
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medium Excavators Market Size and Volume Forecast by Type
13.7.1. Crawler
13.7.2. Tired
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 Medium Excavators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medium Excavators Market: Market Share Analysis
14.2. Medium Excavators Distributors and Customers
14.3. Medium Excavators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. XCMG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SANY
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. Famur
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Caterpillar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zoomlion
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Komatsu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Volvo Construction Equipment
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hyundai
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shandong Shantui Construction Machine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JCB
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Case Construction
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Liebherr
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kaiser
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mecalac
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Foremost Industries LP
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Doosan
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
