Global Excavator Market Research Report 2025(Status and Outlook)

Report Overview

Excavators are heavy Construction Machinery consisting of a boom, dipper (or stick), bucket and cab on a rotating platform known as the ""house"". The house sits atop an undercarriage with tracks or wheels. They are a natural progression from the steam shovels and often mistakenly called power shovels. All movement and functions of a hydraulic excavator are accomplished through the use of hydraulic fluid, with hydraulic cylinders and hydraulic motors. Due to the linear actuation of hydraulic cylinders, their mode of operation is fundamentally different from cable-operated excavators which use winches and steel ropes to accomplish the movements.

The global Excavator market size was estimated at USD 65320.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.04% during the forecast period.

This report provides a deep insight into the global Excavator market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Excavator Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Excavator market in any manner.

Global Excavator Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Caterpillar

Kubota

SANY

Komatsu

XCMG

Hitachi

Doosan

SDLG

Volvo

Liugong Machinery

Kobelco

John Deere

Hyundai

Zoomlion

Takeuchi

JCB

Yanmar

Sunward

Sumitomo

CASE

Market Segmentation (by Type)

Mini Excavator (below 6t)

Small Excavator (6-15t)

Medium-Sized Excavator (15-30t)

Large-Sized Excavator (Above 30t)

Market Segmentation (by Application)

Building/Real Estate

Public Utilities

Mining & Oil Well

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Excavator Market

Overview of the regional outlook of the Excavator Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Excavator Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Excavator, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Excavator
1.2 Key Market Segments
1.2.1 Excavator Segment by Type
1.2.2 Excavator Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Excavator Market Overview
2.1 Global Market Overview
2.1.1 Global Excavator Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Excavator Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Excavator Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Excavator Product Life Cycle
3.3 Global Excavator Sales by Manufacturers (2020-2025)
3.4 Global Excavator Revenue Market Share by Manufacturers (2020-2025)
3.5 Excavator Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Excavator Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Excavator Market Competitive Situation and Trends
3.8.1 Excavator Market Concentration Rate
3.8.2 Global 5 and 10 Largest Excavator Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Excavator Industry Chain Analysis
4.1 Excavator Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Excavator Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Excavator Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Excavator Market
5.7 ESG Ratings of Leading Companies
6 Excavator Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Excavator Sales Market Share by Type (2020-2025)
6.3 Global Excavator Market Size Market Share by Type (2020-2025)
6.4 Global Excavator Price by Type (2020-2025)
7 Excavator Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Excavator Market Sales by Application (2020-2025)
7.3 Global Excavator Market Size (M USD) by Application (2020-2025)
7.4 Global Excavator Sales Growth Rate by Application (2020-2025)
8 Excavator Market Sales by Region
8.1 Global Excavator Sales by Region
8.1.1 Global Excavator Sales by Region
8.1.2 Global Excavator Sales Market Share by Region
8.2 Global Excavator Market Size by Region
8.2.1 Global Excavator Market Size by Region
8.2.2 Global Excavator Market Size Market Share by Region
8.3 North America
8.3.1 North America Excavator Sales by Country
8.3.2 North America Excavator Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Excavator Sales by Country
8.4.2 Europe Excavator Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Excavator Sales by Region
8.5.2 Asia Pacific Excavator Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Excavator Sales by Country
8.6.2 South America Excavator Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Excavator Sales by Region
8.7.2 Middle East and Africa Excavator Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Excavator Market Production by Region
9.1 Global Production of Excavator by Region(2020-2025)
9.2 Global Excavator Revenue Market Share by Region (2020-2025)
9.3 Global Excavator Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Excavator Production
9.4.1 North America Excavator Production Growth Rate (2020-2025)
9.4.2 North America Excavator Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Excavator Production
9.5.1 Europe Excavator Production Growth Rate (2020-2025)
9.5.2 Europe Excavator Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Excavator Production (2020-2025)
9.6.1 Japan Excavator Production Growth Rate (2020-2025)
9.6.2 Japan Excavator Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Excavator Production (2020-2025)
9.7.1 China Excavator Production Growth Rate (2020-2025)
9.7.2 China Excavator Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Caterpillar
10.1.1 Caterpillar Basic Information
10.1.2 Caterpillar Excavator Product Overview
10.1.3 Caterpillar Excavator Product Market Performance
10.1.4 Caterpillar Business Overview
10.1.5 Caterpillar SWOT Analysis
10.1.6 Caterpillar Recent Developments
10.2 Kubota
10.2.1 Kubota Basic Information
10.2.2 Kubota Excavator Product Overview
10.2.3 Kubota Excavator Product Market Performance
10.2.4 Kubota Business Overview
10.2.5 Kubota SWOT Analysis
10.2.6 Kubota Recent Developments
10.3 SANY
10.3.1 SANY Basic Information
10.3.2 SANY Excavator Product Overview
10.3.3 SANY Excavator Product Market Performance
10.3.4 SANY Business Overview
10.3.5 SANY SWOT Analysis
10.3.6 SANY Recent Developments
10.4 Komatsu
10.4.1 Komatsu Basic Information
10.4.2 Komatsu Excavator Product Overview
10.4.3 Komatsu Excavator Product Market Performance
10.4.4 Komatsu Business Overview
10.4.5 Komatsu Recent Developments
10.5 XCMG
10.5.1 XCMG Basic Information
10.5.2 XCMG Excavator Product Overview
10.5.3 XCMG Excavator Product Market Performance
10.5.4 XCMG Business Overview
10.5.5 XCMG Recent Developments
10.6 Hitachi
10.6.1 Hitachi Basic Information
10.6.2 Hitachi Excavator Product Overview
10.6.3 Hitachi Excavator Product Market Performance
10.6.4 Hitachi Business Overview
10.6.5 Hitachi Recent Developments
10.7 Doosan
10.7.1 Doosan Basic Information
10.7.2 Doosan Excavator Product Overview
10.7.3 Doosan Excavator Product Market Performance
10.7.4 Doosan Business Overview
10.7.5 Doosan Recent Developments
10.8 SDLG
10.8.1 SDLG Basic Information
10.8.2 SDLG Excavator Product Overview
10.8.3 SDLG Excavator Product Market Performance
10.8.4 SDLG Business Overview
10.8.5 SDLG Recent Developments
10.9 Volvo
10.9.1 Volvo Basic Information
10.9.2 Volvo Excavator Product Overview
10.9.3 Volvo Excavator Product Market Performance
10.9.4 Volvo Business Overview
10.9.5 Volvo Recent Developments
10.10 Liugong Machinery
10.10.1 Liugong Machinery Basic Information
10.10.2 Liugong Machinery Excavator Product Overview
10.10.3 Liugong Machinery Excavator Product Market Performance
10.10.4 Liugong Machinery Business Overview
10.10.5 Liugong Machinery Recent Developments
10.11 Kobelco
10.11.1 Kobelco Basic Information
10.11.2 Kobelco Excavator Product Overview
10.11.3 Kobelco Excavator Product Market Performance
10.11.4 Kobelco Business Overview
10.11.5 Kobelco Recent Developments
10.12 John Deere
10.12.1 John Deere Basic Information
10.12.2 John Deere Excavator Product Overview
10.12.3 John Deere Excavator Product Market Performance
10.12.4 John Deere Business Overview
10.12.5 John Deere Recent Developments
10.13 Hyundai
10.13.1 Hyundai Basic Information
10.13.2 Hyundai Excavator Product Overview
10.13.3 Hyundai Excavator Product Market Performance
10.13.4 Hyundai Business Overview
10.13.5 Hyundai Recent Developments
10.14 Zoomlion
10.14.1 Zoomlion Basic Information
10.14.2 Zoomlion Excavator Product Overview
10.14.3 Zoomlion Excavator Product Market Performance
10.14.4 Zoomlion Business Overview
10.14.5 Zoomlion Recent Developments
10.15 Takeuchi
10.15.1 Takeuchi Basic Information
10.15.2 Takeuchi Excavator Product Overview
10.15.3 Takeuchi Excavator Product Market Performance
10.15.4 Takeuchi Business Overview
10.15.5 Takeuchi Recent Developments
10.16 JCB
10.16.1 JCB Basic Information
10.16.2 JCB Excavator Product Overview
10.16.3 JCB Excavator Product Market Performance
10.16.4 JCB Business Overview
10.16.5 JCB Recent Developments
10.17 Yanmar
10.17.1 Yanmar Basic Information
10.17.2 Yanmar Excavator Product Overview
10.17.3 Yanmar Excavator Product Market Performance
10.17.4 Yanmar Business Overview
10.17.5 Yanmar Recent Developments
10.18 Sunward
10.18.1 Sunward Basic Information
10.18.2 Sunward Excavator Product Overview
10.18.3 Sunward Excavator Product Market Performance
10.18.4 Sunward Business Overview
10.18.5 Sunward Recent Developments
10.19 Sumitomo
10.19.1 Sumitomo Basic Information
10.19.2 Sumitomo Excavator Product Overview
10.19.3 Sumitomo Excavator Product Market Performance
10.19.4 Sumitomo Business Overview
10.19.5 Sumitomo Recent Developments
10.20 CASE
10.20.1 CASE Basic Information
10.20.2 CASE Excavator Product Overview
10.20.3 CASE Excavator Product Market Performance
10.20.4 CASE Business Overview
10.20.5 CASE Recent Developments
11 Excavator Market Forecast by Region
11.1 Global Excavator Market Size Forecast
11.2 Global Excavator Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Excavator Market Size Forecast by Country
11.2.3 Asia Pacific Excavator Market Size Forecast by Region
11.2.4 South America Excavator Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Excavator by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Excavator Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Excavator by Type (2026-2033)
12.1.2 Global Excavator Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Excavator by Type (2026-2033)
12.2 Global Excavator Market Forecast by Application (2026-2033)
12.2.1 Global Excavator Sales (K Units) Forecast by Application
12.2.2 Global Excavator Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings