According to a market report by Lucintel, the future of the global hydraulic excavator market looks promising with opportunities in the construction, mining, forestry, and agriculture markets. The global hydraulic excavator market is expected to grow with a CAGR of 5.3% from 2025 to 2031. The major drivers for this market are the increasing infrastructure development & construction projects, the rising demand from expanding mining activities, and the growing adoption of advanced, fuel efficient excavators.
A more
than 150-page report to understand trends, opportunity and forecast in global hydraulic
excavator market to 2031 by type (crawler excavators, mini excavators, wheeled
excavators, and others), operating weight (up to 10 tons, 10-20 tons, 20-40
tons, and above 40 tons), application (construction, mining, forestry,
agriculture, and others), end use (contractors, rental providers, and others),
and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, crawler excavator is expected to
witness the highest growth over the forecast period.
Within the
application category, construction is expected to witness the highest growth.
Download
sample by clicking on hydraulic
excavator market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Caterpillar
Inc., Komatsu Ltd., Hitachi Construction Machinery Co., Ltd., Volvo
Construction Equipment, Liebherr Group, Doosan Infracore Co., Ltd., Hyundai
Construction Equipment Co., Ltd., JCB Ltd., Kobelco Construction Machinery Co.,
Ltd., SA are the major suppliers in the hydraulic excavator market.
This unique research report
will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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