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Earthmoving Equipment Market Share

Report ID: GMI408
Published Date: Aug 2023
Report Format: PDF

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Earthmoving Equipment Market Share

The leading players in the global earthmoving equipment market are

Volvo Construction Equipment
CASE Construction Equipment
Caterpillar Inc.
Komatsu Ltd.
Liebherr Group
Bobcat Company
LCB
Doosan Infracore Co., Ltd.
SANY Group
XCMG Group
Kobelco Construction Machinery Co., Ltd.
Hyundai Construction Equipment
Hitachi Construction Machinery Co., Ltd.
Wirtgen Group
Kubota Corporation

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of earthmoving equipment is predicted to record over 3% CAGR from 2023 to 2032, backed by the rapid urbanization, infrastructure development, and increasing demand for residential and commercial spaces.

The construction application segment is poised to record over 3.5% CAGR from 2023 to 2032, as this machinery finds extensive use in a variety of construction projects, including residential, commercial, industrial, and infrastructure development.

Asia Pacific region is expected to dominate earthmoving equipment market share by 2032, owing to the robust economic growth, rapid urbanization, and numerous smart city projects.

Volvo Construction Equipment, CASE Construction Equipment, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Bobcat Company, Kobelco Construction Machinery Co., Ltd., Hyundai Construction Equipment, Hitachi Construction Machinery Co., Ltd., Wirtgen Group, and Kubota Corporation.