Earthmoving Equipment Industry Data Book Covers Excavator, Loader, Motor Grader, Dumper And Dozer Markets.
The global earthmoving equipment industry size was estimated at USD 85,892.1 million in 2022. The market is expected to expand at a CAGR of 6.7% CAGR (2023-2030).
Excavators Market Report Highlights
The global excavators market size was valued at USD 70,650.6 million in 2022, and it is expected to reach USD 108.37 billion by 2030, expanding at 5.2% CAGR from 2023 to 2030.
- Electric drive excavators emerged as the segment with the largest market growth in 2022 and is estimated to generate revenue of over USD 75,243.3 million by 2023
- Mini excavators are gaining traction for medium and small projects owing to its compact nature and efficiency
- By type, the excavator industry reached a valuation of USD 70,650.6 million in 2022. The rising use of excavator types such as wheelers and crawlers in mining and carrying heavy loads is anticipated to fuel the segment's growth
- The Asia Pacific market is likely to witness substantial growth over the next decade. The regional market is projected to progress at a CAGR of 5.7% from 2023 to 2030
- Key players including Caterpillar, Komatsu, and Liebherr dominated the market, accounting for a sizeable share in 2022
Access the Global Earthmoving Equipment Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Loader Market Report Highlights
The global loader market size was valued at USD 32,963.1 million in 2022, and it is expected to reach USD 20.24 billion by 2027, expanding at a CAGR of 4.1% CAGR (2023-2030).
- By product type, the backhoe segment is anticipated to expand at the highest CAGR of 4.6% from 2020 to 2027 as it is suitable for performing operations on small, medium, and large-scale construction sites
- Asia Pacific is expected to expand at the highest CAGR over the forecast period owing to rising infrastructural developments and construction activities in emerging countries, such as India and China
- Key players operating in the market are focused on enhancing their product offering to maintain their lead in the market.
Order your copy of the Free Sample of “Earthmoving Equipment Industry Data Book - Excavator, Loader, Motor Grader, Dumper And Dozer Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Competitive Landscape
Key players operating in the earthmoving equipment industry are –
- Volvo Construction Equipment AB
- Terex Corporation
- JCB
- Doosan Infracore Ltd.
Grand View Research’s earthmoving equipment industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Go through the table of content of earthmoving equipment industry Data Book to get a better understanding of the Coverage & Scope of the study
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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