Insights into Earthmoving Equipment Usage and Applications: Market Research Report

 Earthmoving Equipment Industry Data Book | Forecast 2030

Earthmoving Equipment Industry Data Book - Excavator, Loader, Motor Grader, Dumper And Dozer Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

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.

 

Access the Global Earthmoving Equipment Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

 

Excavators Market Report Highlights

The global excavators market size 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

 

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

 

Loader Market Report Highlights

The global loader market size is expected to reach USD 20.24 billion by 2027, expanding at a CAGR of 3.4% from 2020 to 2027.

  • 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.

 

Go through the table of content of Earthmoving Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study

 

Motor Grader Market Report Highlights

The global motor grader market size is expected to reach USD 5.53 billion by 2030 and expand at a CAGR of 5.4% from 2023 to 2030.

  • The electric drive motor grader segment is expected to register significant growth over the forecast period owing to the ongoing trend of electrification in construction machinery
  • The 11 to 45 segment is gaining traction for small & medium operations due to their efficient and compact nature
  • The Asia Pacific market is anticipated to register significant growth over the forecast period owing to the growth in construction activity across the continent

 

Competitive Landscape

The market is competitive with the presence of major Komatsu, Hitachi Construction Machinery, Caterpillar, John Deere, Volvo, CNH Industrial among others. These companies maintain an exhaustive product portfolio and are employed to maintain a competitive edge in the market, their product offerings, the applications segment they served, the sophistication of their technology, their strategy to differentiate their products, and their industry impact. The key strategies include strategic partnerships, collaborations, and agreements; new product development; mergers & acquisitions; and research & development initiatives. For instance, Catepillar acquires Kemper Valves and Fitting Corp. in order to expand it’s service offerings. Furthermore, the company also aims to improve cost structure, quality, reliability, delivery performance, and customer loyalty.

 

Check out more Industry Data Books, published by Grand View Research

 

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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