Global Hydraulic Excavators Supply, Demand and Key Producers, 2026-2032

The global Hydraulic Excavators market size is expected to reach $ 69360 million by 2032, rising at a market growth of 4.3% CAGR during the forecast period (2026-2032).

A hydraulic excavator (digger) is a large vehicle that is designed for excavation and demolition purposes. Hydraulic excavators consist of a chassis, boom, and bucket, and move via tracks or wheels. They range in size and function, an example of which is the similar but smaller “mini excavator.”

Global main manufacturers of excavator include Caterpillar, SANY and Kubota, etc. The top three players hold a share about 36%. Asia-Pacific is the largest market, has a share about 62%, followed by Europe, with share 10%. In terms of product type, large excavators (over 30 tons) are the largest segment, accounting for approximately 39% of the market share. At the same time, in terms of applications, public facilities are the largest downstream sector, accounting for approximately 41%.

Market Trends

Mini excavators and small excavators: Since mini excavators and small excavators are an important growth direction of the excavator industry, more companies will focus on the mini excavator market in the future, and the competition for mini excavator attachments will be more intense."Lightweight" and "electrification": The trend of "lightweight" and "electrification" of excavators makes enterprises also have "lightweight" requirements for mini excavator attachments, and how to continuously improve product performance under the premise of meeting the lightweight requirements of downstream customers is a technical development trend of future products.

Product diversification: he safety of excavator attachments is an important consideration for downstream customer purchases. There are products with transparent materials on the market, which can better meet the needs of safety.

Ultrashort tail-swing: As the number of urban projects continues to increase, there is clear demand among operators for larger reduced-tail-swing excavators. These excavators can work in congested areas while keeping lanes open on road projects.

Intelligent excavators: With intelligent machine control, intelligent excavator can give operators a safer, more accurate performance on the job site.

This report studies the global Hydraulic Excavators production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hydraulic Excavators and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hydraulic Excavators that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Hydraulic Excavators total production and demand, 2021-2032, (K Units)

Global Hydraulic Excavators total production value, 2021-2032, (USD Million)

Global Hydraulic Excavators production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Hydraulic Excavators consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Hydraulic Excavators domestic production, consumption, key domestic manufacturers and share

Global Hydraulic Excavators production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Hydraulic Excavators production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Hydraulic Excavators production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Hydraulic Excavators market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar, Hitachi Construction Machinery, Komatsu, CNH Industrial (CASE), Sumitomo, Hyundai Construction Equipment, Kobelco, Liebherr, John Deere, SANY, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hydraulic Excavators market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (K USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Hydraulic Excavators Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hydraulic Excavators Market, Segmentation by Type:
Mini Excavator (Below 6t)
Small Excavator (6-15t)
Medium-Sized Excavator (15-30t)
Large-Sized Excavator (Above 30t)

Global Hydraulic Excavators Market, Segmentation by Application:
Building and Real Estate
Public Utilities
Mining and Oil Well
Others

Companies Profiled:
Caterpillar
Hitachi Construction Machinery
Komatsu
CNH Industrial (CASE)
Sumitomo
Hyundai Construction Equipment
Kobelco
Liebherr
John Deere
SANY
XCMG
Kato Works
Develon
JCB
Volvo
Zoomlion
Liugong Group
Sunward
Lonking
Shantui

Key Questions Answered:

1. How big is the global Hydraulic Excavators market?

2. What is the demand of the global Hydraulic Excavators market?

3. What is the year over year growth of the global Hydraulic Excavators market?

4. What is the production and production value of the global Hydraulic Excavators market?

5. Who are the key producers in the global Hydraulic Excavators market?

6. What are the growth factors driving the market demand? Show more