Authored By: Sarah
15 Mar 2022

Hydraulic Excavator Market Growth Analysis | Increasing requirement for large-scale project management will drive growth

Trends, Drivers and Vendor Forecasts for 2021-2025

Accelerating at a CAGR of 2.82%, the hydraulic excavator market is expected to post an incremental growth of $ 5.58 billion over the next five years. Alamo Group Inc., BEML Ltd., Caterpillar Inc., Hitachi Ltd., J C Bamford Excavators Ltd., KATO WORKS CO. LTD., Komatsu Ltd., SANY Group, Takeuchi Mfg. Co. Ltd., and Terex Corp. are among the key market players.

The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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Hydraulic Excavator Market: Market Segments and Key Trends

The Hydraulic excavator market is segmented by Technology (Crawler excavators, Mini excavators, and Wheeled excavators), Application (Construction, Mining, and Utilities), and Geography (APAC, Europe, North America, South America, and MEA). APAC led the market with 58% of the market growth set to originate from this region during the forecast period. Stringent emission regulations for construction machinery is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Hydraulic Excavator Market: Top Drivers to Boost Demand

The Increasing requirement for large-scale project management is one of the primary factors driving the growth of the hydraulic excavator market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report

Hydraulic Excavator Market | Trends, Drivers and Vendor Forecasts for 2021-2025

Key Focus Areas in Our Reports:

  • Hydraulic Excavator Market Split by Technology
    • Crawler excavators
    • Mini excavators
    • Wheeled excavators
  • Hydraulic Excavator Market Split by Application
    • Construction
    • Mining
    • Utilities
  • Hydraulic Excavator Market Split by Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Alamo Group Inc.
  • BEML Ltd.
  • Caterpillar Inc.
  • Hitachi Ltd.
  • J C Bamford Excavators Ltd.
  • KATO WORKS CO. LTD.
  • Komatsu Ltd.
  • SANY Group
  • Takeuchi Mfg. Co. Ltd.
  • Terex Corp.

Browse through some of other related market research reports for more insights:

  • Hydraulic Accumulators Market: The market is expected to grow by $ 41.05 mn, accelerating at a CAGR of almost 4.39% during the forecast period.
  • Hydraulic Actuators Market: The hydraulic actuators market is set to post an incremental growth of $ 426.60 mn, accelerating at a CAGR of 3.65% during the forecast period.
  • Hydraulic Equipment Market for Mobile Applications: The hydraulic equipment market for mobile applications market is set to grow by $ 11.72 bn, accelerating at a CAGR of almost 5.38% during the forecast period.
  • Hydraulic Press Machine Market: Accelerating at a CAGR of 1.62%, the hydraulic press machine market is expected to grow by post an incremental growth of $ 1.07 bn over the next five years.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 2.82%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 5.58 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing requirement for large-scale project management will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    58% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alamo Group Inc., BEML Ltd., Caterpillar Inc., Hitachi Ltd., J C Bamford Excavators Ltd., KATO WORKS CO. LTD., Komatsu Ltd., SANY Group, Takeuchi Mfg. Co. Ltd., and Terex Corp.

     
  7. What are the market segments covered in this report?
    The market is segmented by Technology (Crawler excavators, Mini excavators, and Wheeled excavators), Application (Construction, Mining, and Utilities), and Geography (APAC, Europe, North America, South America, and MEA)
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