Core Viewpoint - The hydraulic excavator market is expected to experience significant growth, driven by increasing investments in infrastructure projects, particularly in developing countries like China and India, with a projected global market size of $65.9 billion by 2031 and a CAGR of 5.0% in the coming years [4]. Group 1: Market Segmentation - Hydraulic excavators are categorized into four types: micro (0-6 tons), small (6-15 tons), medium (15-30 tons), and large (>30 tons), with micro and small excavators expected to account for approximately 60.91% of total sales by 2025 [2]. - Large excavators (over 30 tons) currently dominate the market, projected to hold about 43.4% market share by 2025 [11]. - The largest downstream market for hydraulic excavators is mining and oil wells, expected to represent 36.8% of the market share by 2025 [16]. Group 2: Regional Insights - The Asia-Pacific region has been the fastest-growing area for hydraulic excavators in recent years and is expected to continue this trend, with China projected to account for 34.29% of the global consumption market by 2025, increasing to 35.68% due to rapid economic growth [3]. - Major production countries include the United States, European Union, Japan, China, and South Korea, with China contributing approximately 40% to global production [3][9]. Group 3: Key Players - Major suppliers in the global hydraulic excavator market include Caterpillar, Hitachi Construction Machinery, SANY, Komatsu, and XCMG, with the top five companies expected to hold over 50% of the market share by 2025 [2][9]. - Companies like Caterpillar and Hitachi Construction Machinery are recognized for their leading technology and market positions [2]. Group 4: Future Outlook - The market remains vibrant, particularly in developing countries, driven by increased investments from private construction companies and governments in infrastructure projects, including oil and gas, mining, road, and port construction [3].
行业聚焦:全球液压挖掘机市场头部企业份额调研(附Top10 厂商名单)
QYResearch·2025-10-09 09:06