Global Earthmoving Equipment Market (2021-27) | Share, Value, Analysis, Companies, Industry, Revenue, Trends, COVID-19 IMPACT, Outlook, Forecast, Growth & Size

Global Earthmoving Equipment Market is projected to witness growth over the upcoming years. Rapidly increasing urban population demanding better infrastructure facilities is expected to positively impact the demand of the earthmoving equipment market over the forecast period. Various government initiatives which are undertaken for the development of infrastructure and the increasing investments in the construction industry are projected to drive consumption of the Global earthmoving equipment market. The requirement for improved transport facilities and better connectivity are also expected to drive the market in the future. Rising globalization is likely to generate a favorable environment for foreign direct investment which is further expected to improve the growth of the market in the future. The growth of earthmoving equipment is being driven by the demand for excavators, loaders, dump trucks across the construction and mining sectors. Earthmoving machinery includes heavy machinery that is used for excavating, grading rock and soil, etc.  Furthermore, globalization, urbanization, and population growth are also considered to be the driving factors for growth in infrastructure.

According to 6Wresearch, The Global Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Currently, end-users across the emerging countries, prioritize price in building investment decisions, while customers in emerged economies generally prefer the productivity and other performance criteria to lower operating and owning costs over the lifetime of the machine. To target the emerged and emerging economies, these companies are emphasizing developing products under customer-driven innovations that would enable the manufacturers to compete in the Earthmoving equipment market. The major strategies that the OEMs inculcate for uplifting the production and sales of the construction equipment are developing next-generation machinery, investing in Operational Excellence, and Offer aftermarket services. Due to the manufacturer's implicit efforts to reach out to the maximum end-users all over North America, the impact of this driver is expected to be high over the long-term period. The emissions generated by the construction equipment results in an environmental imbalance across the urban and rural areas. Also, large mining sites are expected to be a source of construction equipment emissions. Additionally, the location of the construction equipment has a significant impact on the pollutants measurement at the construction and the mining sites; therefore, it is necessary to monitor and reduce construction equipment emissions. However, to attain control over the emissions, the local department of transportation, utility companies, government agencies, and private companies collaboratively initiated to collect data on the number of equipment and construction project locations. The COVID-19 pandemic has spread across the globe. However, the adoption of automated technologies to minimise human interaction in manufacturing facilities is expected to support the growth of the Global earthmoving equipment market. The use of technologies, containing advanced electronics and automated machinery, has not only ensured the continuity of businesses during the pandemic but has also increased work productivity. The production and manufacturing of the product related to construction and the provision of related services were restricted to permitted limits during the lockdown. The COVID-19 pandemic has disrupted the supply chains by limiting the growth of the earthmoving equipment market all over the world. These aspects have severely impacted the economy and the revenue generation of the construction sector all over the world.

Based on product, the earthmoving equipment market is classified into excavators, loaders, dump trucks, and others which include motor graders, dumpers, etc. out of which, excavators are expected to grow significantly over the coming years due to their demand across the residential, industrial, and commercial sectors. In terms of application, the Construction and Mining segments are leading the market share. Based on the region, the Asia Pacific held the highest share in this market in terms of revenue owing to the growth of the construction and mining industry in the region. Also, rising demand for infrastructural development across developing countries such as China and India is expected to stimulate the demand for Earthmoving equipment in the forecast years. North America is expected to dominate a substantial section of the Earthmoving Equipment market share. A strong presence of prominent companies such as Caterpillar, Comatose, Hitachi, Libeller, and SANY America is aiding the growth of the market in the region. Additionally, the implicit efforts of these companies regarding technological developments, strategic partnerships, acquisitions, and focus on aftermarket services are also projected to influence the market potential in North America. Also,

Europe is further expected to have a robust growth due to the rise in the machinery equipment all over the countries like the Middle East, North America, etc. Revenue generated from the sale of the Earthmoving equipment across North America, Europe, Asia Pacific, Middle-East Africa, and Latin America is significantly increasing the market value. List of Key Companies Profiled:  AB Volvo, Caterpillar Inc., Komatsu Ltd, Doosan Infracore Co. Ltd, Hitachi Construction Machinery Co. Ltd, J.C. Bamford Excavators Limited, Liebherr group, NH Industrial N.V, Hyundai Heavy Industries Co. Ltd.

The global earthmoving equipment market report thoroughly covers the market by product, application, and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa, and key countries. Global earthmoving equipment market outlook report provides an unbiased and detailed analysis of the on-going Global earthmoving equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Earthmoving Equipment Market is anticipated to gain growth in the coming years. The growing construction industry and the rapid development of infrastructure and facilities have propelled the growth of the global Earthmoving Equipment market. The Earthmoving Equipment has led to the growth of the construction industry by saving labor costs and time. Moreover, the demand for Earthmoving Equipment has been established due to technological improvement and urbanization including transportation, mining, and other growth marking sectors and is expected to be a growth proliferator for the product market in the coming time zone. 

Key Highlights of the Report:

• Global Earthmoving Equipment Market Outlook
• Market Size of Global Earthmoving Equipment Market, 2020
• Forecast of Global Earthmoving Equipment Market, 2027
• Historical Data and Forecast of Global Earthmoving Equipment Revenues & Volume for the Period 2017 - 2027
• Global Earthmoving Equipment Market Trend Evolution
• Global Earthmoving Equipment Market Drivers and Challenges
• Global Earthmoving Equipment Price Trends
• Global Earthmoving Equipment Porter's Five Forces
• Global Earthmoving Equipment Industry Life Cycle
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Excavators for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Loaders for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Dump Trucks for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of North America Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of Europe Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of Africa Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Construction for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Mining for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Agriculture & Forestry for the Period 2017 - 2027
• Historical Data and Forecast of Global Earthmoving Equipment Market Revenues & Volume By Others for the Period 2017 - 2027
• Global Earthmoving Equipment Market - Key Performance Indicators
• Global Earthmoving Equipment Market - Import Export Trade Statistics
• Global Earthmoving Equipment Market - Opportunity Assessment By Countries
• Global Earthmoving Equipment Market - Opportunity Assessment By Product
• Global Earthmoving Equipment Market - Opportunity Assessment By Application
• Global Earthmoving Equipment Market - Top Companies Market Share
• Global Earthmoving Equipment Market - Top Companies Profiles
• Global Earthmoving Equipment Market - Comparison of Players in Technical and Operating Parameters
• Global Earthmoving Equipment Market - Strategic Recommendations

 Markets Covered

The Market Report includes the following segments:

• By Product:
  • Excavators
  • Loaders
  • Dump Trucks
  • Others               
• By Application:
  • Agriculture & Forestry
  • Mining
  • Construction
  • Others
• By Regions:
  • Latin America
  • North America
  • Europe
  • Middle East
  • Africa
  • Asia Pacific