Global Earthmoving Market Report 2024

Earthmoving Global Market Report 2024 – By Equipment (Excavators, Loaders, Dump trucks, Other Equipment), By Application (Construction, Underground, Mining, Surface Mining), By End-User (Construction, Mining, Agriculture & forestry, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033

Starting Price : $4000.00 | Pages : 175 | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

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Earthmoving Market Definition And Segments

Earthmoving machinery refers to any piece of heavy machinery that can move and grade soil and rock.

The main equipment for earthmoving is excavators, loaders, dump trucks, and other equipment. Excavator refers to a workman who excavates for foundations of buildings or quarrying. The various applications involved are construction, underground, mining, and surface mining. The various end-users included are construction, mining, agriculture and forestry, and other end-users.

The earthmoving market covered in this report is segmented –

1) By Equipment: Excavators, Loaders, Dump trucks, Other Equipment

2) By Application: Construction, Underground, Mining, Surface Mining

3) By End-User: Construction, Mining, Agriculture & forestry, Other End-Users

The earthmoving market size has grown steadily in recent years. It will grow from $89.95 billion in 2023 to $94.35 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to industrialization and urbanization, infrastructure development projects, mining industry expansion, agricultural sector demand, government investments in construction.

The earthmoving market size is expected to see steady growth in the next few years. It will grow to $112.06 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to automation and AI integration, electric and hybrid machinery, remote monitoring and telematics, urbanization and infrastructure development , circular economy initiatives, advanced material usage. Major trends in the forecast period include augmented reality in training, autonomous and semi-autonomous machinery, hydraulic system advancements, rise in rental services, data-driven decision making.

Rising Urbanization Sparks Increased Demand For Earthmoving Equipment In Infrastructure Development

The rising urban population generating higher demand for better infrastructure is expected to propel the earthmoving market over the forecast period. The increase in the urban population contributes to the demand for improved and advanced infrastructure. According to The International Institute for Environment and Development, the world's urban population has increased to 4.4 billion in 2020. Furthermore, according to United Nations, Department of Economic and Social Affairs the proportion is expected to reach 68% by the end of 2050. This four-fold growth creates a need for more infrastructure, increased urban development, and more building activities to accommodate people. Thus, propels the demand for construction equipment including earthmoving, as these machines are used for land clearing, lifting, and other heavy work.

Increasing Resident Population Fuels Earthmoving Market Growth

The growing resident population is expected to drive the growth of earthmoving market. The resident population signifies the count of individuals who permanently reside within a specific geographical region, be it a nation, state, or municipality. This resident population plays a pivotal role in shaping land development, as it influences land utilization trends, stimulates the demand for urban development sites, and dictates the requirement for housing. For instance, in December 2022 according to Census Bureau, a US-based Government Agency, following an unprecedentedly low growth rate between 2020 and 2021, the resident population of the United States experienced a 0.4% increase, equivalent to a rise of 1,256,003 individuals, reaching a total of 333,287,557 in 2022. Therefore, growing resident population is expected to drive the growth of earthmoving market.

Major companies operating in the earthmoving market report are Hyundai Heavy Industries Co. Ltd., Caterpillar Inc., Nippon Steel & Sumikin Engineering Co. Ltd., Sumitomo Heavy Industries Ltd., Deere & Company, Volvo Group, Mitsubishi Heavy Industries Ltd., Komatsu Ltd., CNH Global NV, Toshiba Materials Co. Ltd., Kubota Corporation, Liebherr-International AG, Kawasaki Heavy Industries Ltd., Sany Heavy Industry Co. Ltd., IHI Corporation, Hitachi Construction Machinery Co. Ltd., Doosan Bobcat Inc., Zoomlion Heavy Industry Science and Technology Co. Ltd., J.C. Bamford Excavators Limited, Terex Corp., LiuGong Machinery Corp., Mitsui Engineering & Steel Co. Ltd., Wacker Construction Equipment AG, Nippon Kaihi Kogyo Co. Ltd., Shantui Construction Machinery Co. Ltd., Doosan Infracore Co. Ltd., Urban Arrowsmith Corporation, SANY America Inc., Jiangmen Jianghai Xiecheng Machinery Co. Ltd.

Earthmoving Equipment Market Faces Growth Challenges Due To High Initial And Maintenance Costs

High capital and maintenance costs associated with earthmoving equipment are expected to hinder the market. Earthmoving equipment is a heavy machine that a company has to invest extensively to purchase. For instance, the cost of CAT bulldozers ranges from $250,000 to $2.2 million. The following major expense that the company faces is maintenance, which is the result of the downtime of the equipment in the company. The financial burden increases on the company due to high equipment and maintenance costs. Thus, the high cost of equipment is expected to further limit the growth of the earthmoving market during the forecast period.

Market Leaders Embrace Innovation with New Product Releases, Doosan Introduces Stage V Compliant Mini-Excavators In 2022

Major players operating in the market are concentrating on introducing new product innovations which are gained popularity over recent years. For instance, in April 2022 Doosan Corporation, a Korea-based heavy machinery manufacturer launched two new mini-excavators: the DX27Z-7, which weighs 2.8 tones, and the DX35Z-7, which weighs 3.9 tones. Both models are compliant with Stage V regulations, which adhere to the latest emissions standards set by the European Union. The DX27Z-7 and DX35Z-7 are equipped with the Doosan D17 diesel engine, ensuring compliance with Stage V standards, and they deliver 18.4 kW (24.7 HP) of power at 2400 and 2200 RPM, respectively.

Leading Earthmoving Companies Bolster Profitability With Innovative Products Like The Komatsu Pc200-10M0 Hydraulic Excavator

Major companies operating in the earthmoving market are innovating new products such as 20-ton PC200-10M0 hydraulic excavator to increase their profitability in the market. PC200-10M0 hydraulic excavators are designed for urban civil engineering work and have optimal specifications for such work. For instance, in September 2021 Komatsu, a Japan-based manufacturing company launched PC200-10M0 CE. These excavators feature a robust machine frame and sturdy key components crafted by Komatsu, demonstrating their exceptional durability as proven through field testing. Moreover, they offer improved fuel efficiency and affordability, resulting in reduced operational costs and enhanced profitability.

Mccann Industries Expands Operations With Acquisition Of Channahon Tractor LLC

In August 2023, McCann Industries Inc., a US-based construction equipment manufacturer acquired Channahon Tractor LLC for an undisclosed amount. The recently established McCann Industries branch will provide sales and rental options for Kobelco and Takeuchi equipment, as well as a selection of used machinery. Additionally, the location will maintain its focus on delivering parts and servicing for heavy equipment. Channahon Tractor LLC is US-based heavy equipment manufacturer.

Asia-Pacific was the largest region in the earthmoving market in 2023. Western Europe was the second-largest region in the global earthmoving market share. The regions covered in the earthmoving market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the earthmoving market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The earthmoving machinery market consists of sales of backhoe loaders, bulldozers, skid-steer loaders, trenchers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The earthmoving market research report is one of a series of new reports from The Business Research Company that provides earthmoving market statistics, including earthmoving industry global market size, regional shares, competitors with an earthmoving market share, detailed earthmoving market segments, market trends, and opportunities, and any further data you may need to thrive in the earthmoving industry. This earthmoving market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Earthmoving Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $94.35 billion
Revenue Forecast In 2033 $112.06 billion
Growth Rate CAGR of 4.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Equipment: Excavators, Loaders, Dump trucks, Other Equipment
2) By Application: Construction, Underground, Mining, Surface Mining
3) By End-User: Construction, Mining, Agriculture & forestry, Other End-Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Hyundai Heavy Industries Co. Ltd.; Caterpillar Inc.; Nippon Steel & Sumikin Engineering Co. Ltd.; Sumitomo Heavy Industries Ltd.; Deere & Company; Volvo Group; Mitsubishi Heavy Industries Ltd.; Komatsu Ltd.; CNH Global NV; Toshiba Materials Co. Ltd.; Kubota Corporation; Liebherr-International AG; Kawasaki Heavy Industries Ltd.; Sany Heavy Industry Co. Ltd.; IHI Corporation; Hitachi Construction Machinery Co. Ltd.; Doosan Bobcat Inc.; Zoomlion Heavy Industry Science and Technology Co. Ltd.; J.C. Bamford Excavators Limited; Terex Corp.; LiuGong Machinery Corp.; Mitsui Engineering & Steel Co. Ltd.; Wacker Construction Equipment AG; Nippon Kaihi Kogyo Co. Ltd.; Shantui Construction Machinery Co. Ltd.; Doosan Infracore Co. Ltd.; Urban Arrowsmith Corporation; SANY America Inc.; Jiangmen Jianghai Xiecheng Machinery Co. Ltd.
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    Table Of Contents

    1. Executive Summary

    2. Earthmoving Market Characteristics

    3. Earthmoving Market Trends And Strategies

    4. Earthmoving Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Earthmoving Market Size and Growth

    5.1. Global Earthmoving Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Earthmoving Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Earthmoving Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Earthmoving Market Segmentation

    6.1. Global Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Excavators

    Loaders

    Dump trucks

    Other Equipments

    6.2. Global Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Construction

    Underground

    Mining

    Surface Mining

    6.3. Global Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Construction

    Mining

    Agriculture & Forestry

    Other End-Users

    7. Earthmoving Market Regional And Country Analysis

    7.1. Global Earthmoving Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Earthmoving Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Earthmoving Market

    8.1. Asia-Pacific Earthmoving Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Earthmoving Market

    9.1. China Earthmoving Market Overview

    9.2. China Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Earthmoving Market

    10.1. India Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Earthmoving Market

    11.1. Japan Earthmoving Market Overview

    11.2. Japan Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Earthmoving Market

    12.1. Australia Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Earthmoving Market

    13.1. Indonesia Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Earthmoving Market

    14.1. South Korea Earthmoving Market Overview

    14.2. South Korea Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Earthmoving Market

    15.1. Western Europe Earthmoving Market Overview

    15.2. Western Europe Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Earthmoving Market

    16.1. UK Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Earthmoving Market

    17.1. Germany Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Earthmoving Market

    18.1. France Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Earthmoving Market

    19.1. Italy Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Earthmoving Market

    20.1. Spain Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Earthmoving Market

    21.1. Eastern Europe Earthmoving Market Overview

    21.2. Eastern Europe Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Earthmoving Market

    22.1. Russia Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Earthmoving Market

    23.1. North America Earthmoving Market Overview

    23.2. North America Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Earthmoving Market

    24.1. USA Earthmoving Market Overview

    24.2. USA Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Earthmoving Market

    25.1. Canada Earthmoving Market Overview

    25.2. Canada Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Earthmoving Market

    26.1. South America Earthmoving Market Overview

    26.2. South America Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Earthmoving Market

    27.1. Brazil Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Earthmoving Market

    28.1. Middle East Earthmoving Market Overview

    28.2. Middle East Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Earthmoving Market

    29.1. Africa Earthmoving Market Overview

    29.2. Africa Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Earthmoving Market Competitive Landscape And Company Profiles

    30.1. Earthmoving Market Competitive Landscape

    30.2. Earthmoving Market Company Profiles

    30.2.1. Hyundai Heavy Industries Co. Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Caterpillar Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Nippon Steel & Sumikin Engineering Co. Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Sumitomo Heavy Industries Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Deere & Company

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Earthmoving Market Other Major And Innovative Companies

    31.1. Volvo Group

    31.2. Mitsubishi Heavy Industries Ltd.

    31.3. Komatsu Ltd.

    31.4. CNH Global NV

    31.5. Toshiba Materials Co. Ltd.

    31.6. Kubota Corporation

    31.7. Liebherr-International AG

    31.8. Kawasaki Heavy Industries Ltd.

    31.9. Sany Heavy Industry Co. Ltd.

    31.10. IHI Corporation

    31.11. Hitachi Construction Machinery Co. Ltd.

    31.12. Doosan Bobcat Inc.

    31.13. Zoomlion Heavy Industry Science and Technology Co. Ltd

    31.14. J.C. Bamford Excavators Limited

    31.15. Terex Corp

    32. Global Earthmoving Market Competitive Benchmarking

    33. Global Earthmoving Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Earthmoving Market

    35. Earthmoving Market Future Outlook and Potential Analysis

    35.1 Earthmoving Market In 2028 - Countries Offering Most New Opportunities

    35.2 Earthmoving Market In 2028 - Segments Offering Most New Opportunities

    35.3 Earthmoving Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Earthmoving Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Earthmoving Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Hyundai Heavy Industries Co. Ltd. Financial Performance
  • Table 75: Caterpillar Inc. Financial Performance
  • Table 76: Nippon Steel & Sumikin Engineering Co. Ltd. Financial Performance
  • Table 77: Sumitomo Heavy Industries Ltd. Financial Performance
  • Table 78: Deere & Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Earthmoving Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Earthmoving Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Earthmoving Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Earthmoving Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Earthmoving Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Hyundai Heavy Industries Co. Ltd. Financial Performance
  • Figure 75: Caterpillar Inc. Financial Performance
  • Figure 76: Nippon Steel & Sumikin Engineering Co. Ltd. Financial Performance
  • Figure 77: Sumitomo Heavy Industries Ltd. Financial Performance
  • Figure 78: Deere & Company Financial Performance
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Frequently Asked Questions

What is the definition of the earthmoving market?

Earthmoving machinery refers to any piece of heavy machinery that can move and grade soil and rock. For further insights on the earthmoving market, request a sample here

How will the earthmoving market drivers and restraints affect the earthmoving market dynamics? What forces will shape the earthmoving industry going forward?

The earthmoving market growth is aided by rising urban population generating higher demand for better infrastructure. However, some earthmoving market restraints include high capital and maintenance costs associated with earthmoving equipment. For further insights on the earthmoving market, request a sample here

What is the forecast market size or the forecast market value of the earthmoving market?

The earthmoving market is expected to reach $116.99 billion in 2027 at a rate of 4.0%. For further insights on the earthmoving market, request a sample here

How is the earthmoving market segmented?

The global earthmoving market is segmented as
1) By Equipment: Excavators, Loaders, Dump trucks, Other Equipments
2) By Application: Construction, Underground, Mining, Surface Mining
3) By End-User: Construction, Mining, Agriculture & forestry, Other End-Users
For further insights on the earthmoving market,
request a sample here

Which region has the largest share of the earthmoving market? What are the largest region's market size and growth rate?

Asia-Pacific was the largest region in the earthmoving market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the earthmoving market?

Key competitors in the earthmoving market are, Hyundai Heavy Industries Co. Ltd, J.C. Bamford Excavators Limited, AB Volvo, Doosan Infracore Co. Ltd, SANY America, Liebherr Group, Hitachi Construction Machinery Co. Ltd, Caterpillar Inc, Komatsu, Bobcat Company, Terex Corp. For further insights on the earthmoving market, request a sample here.

What are the key trends in the earthmoving market?

Major trends influencing the earthmoving market include concentrating on introducing new technological innovations. Companies manufacturing earth-moving equipment are focusing on incorporating 5G cellular technology to advance remote operation toward real-time control. The ultra-low latency of 5G enables systems controlling a vehicle to react sooner, such as during braking or turning, vastly improving safety on the Jobsite. The 5G network also promises to advance artificial intelligence, virtual reality as well as IoT technologies for better remote control and connectivity. For further insights on the earthmoving market, request a sample here.

What are the major opportunities in the earthmoving market? What are the strategies for the earthmoving market?

For detailed insights on the major opportunities and strategies in the earthmoving market, request a sample here.

How does the earthmoving market relate to the overall economy and other similar markets?

For detailed insights on earthmoving market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the earthmoving industry?

For detailed insights on the mergers and acquisitions in the earthmoving industry, request a sample here.

What are the key dynamics influencing the earthmoving market growth? SWOT analysis of the earthmoving market.

For detailed insights on the key dynamics influencing the earthmoving market growth and SWOT analysis of the earthmoving industry, request a sample here.