The design and capabilities of wheeled excavators have evolved significantly, driven by advancements in engineering and technology. Modern wheeled excavators come with features such as all-wheel drive, advanced suspension systems, and automated functions that improve stability and ease of operation on uneven terrain. Additionally, the integration of GPS and telematics systems enables real-time monitoring and data analytics, facilitating better fleet management and maintenance planning. Innovations in hydraulic efficiency and energy-saving technologies have also made these machines more environmentally friendly and cost-effective to operate. Manufacturers are increasingly focusing on modular attachments, allowing the excavators to be quickly adapted for various tasks, from trenching and grading to demolition and loading.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Construction Application segment, which is expected to reach US$22.5 Billion by 2030 with a CAGR of a 5.5%. The Mining Application segment is also set to grow at 4.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.6 Billion in 2023, and China, forecasted to grow at an impressive 6.6% CAGR to reach $8.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Wheeled Excavators Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Wheeled Excavators Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Wheeled Excavators Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Atlas Copco Group AB, Caterpillar Inc., CNH Industrial NV, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 75 Featured):
- Atlas Copco Group AB
- Caterpillar Inc.
- CNH Industrial NV
- Deere & Company
- Doosan Corporation
- Escorts Limited
- Guangxi LiuGong Machinery Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- J C Bamford Excavators Ltd (JCB)
- Kobelco Construction Machinery U.S.A Inc.
- Komatsu Ltd.
- Liebherr International AG
- Sany heavy Industries Co. Ltd.
- Volvo Construction Equipment
- Xuzhou Construction Machinery Group Co., Ltd.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlas Copco Group AB
- Caterpillar Inc.
- CNH Industrial NV
- Deere & Company
- Doosan Corporation
- Escorts Limited
- Guangxi LiuGong Machinery Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- J C Bamford Excavators Ltd (JCB)
- Kobelco Construction Machinery U.S.A Inc.
- Komatsu Ltd.
- Liebherr International AG
- Sany heavy Industries Co. Ltd.
- Volvo Construction Equipment
- Xuzhou Construction Machinery Group Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 438 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 28.6 Billion |
Forecasted Market Value ( USD | $ 40.5 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |