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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Players in the Europe Excavator Market
The report gives a detailed analysis of the following key players in the Europe excavator market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- CNH Global NV
- Caterpillar Inc.
- Volvo Construction Equipment AB
- Hyundai Construction Equipment Co., Ltd.
- Kobelco Construction Machinery Co. Ltd.
- Liebherr Group
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Europe Excavator Market Report Snapshots
Europe Excavator Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Europe excavator market is projected to grow at a CAGR of 6.4% between 2024 and 2032.
The major drivers of the market include the rapid industrialisation, growing digitalisation, infrastructure development, emergence of the concept of excavator rentals, and smart city initiatives.
Technological advancements and increased spending on construction are the key industry trends propelling the growth of the market.
The major regions in the industry are the United Kingdom, Germany, Italy, and France, among others.
The different products in the market are mini/compact, crawler, and demolition, among others.
Based on mechanism type, the industry can be broadly categorised into electric, hydraulic, and hybrid.
By power range, the market includes upto 300 HP, 301-500 HP, and 501 HP and above.
The major applications of the product are mining and construction, among others.
The major players in the industry are CNH Global NV, Caterpillar Inc., Volvo Construction Equipment AB, Hyundai Construction Equipment Co., Ltd., Kobelco Construction Machinery Co. Ltd., and Liebherr Group, among others.
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