Global Excavator Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Excavator market size will reach 73,077 Million USD in 2025 and is projected to reach 93,415 Million USD by 2032, with a CAGR of 3.57% (2025-2032). Notably, the China Excavator market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

An excavator is a heavy construction machine designed for digging, excavating, and moving large quantities of earth, debris, or other materials. It typically consists of a powerful hydraulic arm with a bucket or attachment at the end, mounted on a rotating platform known as a ＂house＂ or ＂cab＂ that sits on tracks or wheels for mobility. Excavators are versatile and are used in a wide range of construction, mining, and excavation projects, including digging foundations, trenching, demolishing structures, and handling materials like rocks and soil. They are operated by skilled operators who can manipulate the hydraulic controls to perform precise and efficient digging and lifting tasks, making excavators indispensable equipment in the construction and earthmoving industries.

The major global  manufacturers of Excavator include Caterpillar, Kubota, SANY, Komatsu, XCMG, Hitachi, Doosan, SDLG, Volvo, Liugong Machinery, Kobelco, John Deere, Hyundai, Zoomlion, Takeuchi, Yanmar, JCB, Sunward, Sumitomo, CASE, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Excavator. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Excavator market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Excavator market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Excavator industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Excavator Include:

Caterpillar

Kubota

SANY

Komatsu

XCMG

Hitachi

Doosan

SDLG

Volvo

Liugong Machinery

Kobelco

John Deere

Hyundai

Zoomlion

Takeuchi

Yanmar

JCB

Sunward

Sumitomo

CASE

Excavator Product Segment Include:

Mini Excavator (Below 6t)

Small Excavator (6-15t)

Medium-Sized Excavator (15-30t)

Large-Sized Excavator (Above 30t)

Excavator Product Application Include:

Construction

Public Utilities

Mining and Oil Well

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Excavator Industry PESTEL Analysis

Chapter 3: Global Excavator Industry Porter's Five Forces Analysis

Chapter 4: Global Excavator Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Excavator Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Excavator Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Excavator Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources