市場調查報告書
商品編碼
1447085
到 2030 年液壓挖土機市場預測:按類型、馬力、應用和地區進行全球分析Hydraulic Excavator Market Forecasts to 2030 - Global Analysis By Type (Mini, Wheeled, Crawler and Other Types), Power Rating, Application, and By Geography |
根據Stratistics MRC預測,2023年全球液壓挖土機市場規模將達117億美元,預計2030年將達到180億美元,預測期內年複合成長率為6.3%。
液壓挖掘機是一種多功能施工機械,用於挖掘、物料輸送和拆除工作。它具有強大的液壓系統來驅動其運動和附件。挖土機通常安裝在卡車或車輪上進行運輸,並具有一個稱為房屋的旋轉平台,其中裝有操作室、引擎和液壓部件。挖掘機有多種尺寸,從適合城市環境的緊湊型到用於採礦和重型建築的大型機器。
基礎建設發展
隨著各國對道路、橋樑和機場等關鍵基礎設施的投資,對液壓挖土機的需求不斷增加。這些機器對於各種施工任務至關重要,包括挖掘、拆除、物料輸送和景觀美化。此外,政府主導的旨在改善連接性和加強公共設施的基礎設施計劃也大大增加了對挖土機的需求。
初始投資高
液壓挖土機是複雜且技術先進的機器,需要大量資本投資來購買、操作和維護。特別是小型企業可能會發現很難將大部分預算用於購買液壓挖土機。此外,液壓挖土機需要定期維護,包括保養、維修和零件更換,這增加了整體營運支出,從而阻礙了市場成長。
政府措施和投資
政府對基礎設施現代化的努力,特別是在新興經濟體,導致建築和採礦計劃支出增加。政府提供補貼、稅收優惠和有利的監管政策,鼓勵引進先進的施工機械。此外,對風能和太陽能發電場等可再生能源計劃的投資通常需要進行基礎施工的挖掘工作,從而推動了對挖土機的需求。
競爭壓力
液壓挖土機市場已飽和狀態,有許多提供類似產品和服務的廠商。結果,公司尋求與競爭對手區分開來、吸引客戶並施加價格壓力,從而造成激烈的競爭,從而降低報酬率並使其難以脫穎而出。此外,全球化加劇了競爭壓力,阻礙了市場擴張。
COVID-19 的影響
液壓挖土機市場受到 COVID-19 大流行的嚴重干擾。許多建設公司面臨財務壓力,迫使他們削減預算並推遲設備購買。基礎設施和建設活動的減少,加上經濟的不確定性,抑制了對新機械的投資。此外,消費者支出和商業投資的下降也導致了市場的低迷。
輪式細分市場預計將在預測期內成為最大的細分市場
輪式部分由於其高機動性和可操縱性,特別適合在都市區、鋪裝路面或需要頻繁移動的環境中工作,並且估計佔最大佔有率。與軌道挖掘機相比,在場地之間高速移動的能力可以提高整體效率和生產率。此外,輪式挖土機通常對路面造成的損壞較小,從而減少了昂貴的維修需求,並大大促進了細分市場的成長。
採礦工程領域預計在預測期內年複合成長率最高。
由於對礦物和金屬的需求不斷增加以及對高效鑽探機械從礦山中提取資源的需求不斷增加,預計採礦工程行業在預測期內將出現最高的年複合成長率。此外,採礦作業日益成長的機械化趨勢正在推動液壓挖掘機的採用,與傳統方法相比,液壓挖掘機具有更高的生產率和更低的營運成本,從而促進了該領域的擴張。
由於快速的都市化和工業化,亞太地區在預測期內佔據了最大的市場佔有率。中國、日本、印度和韓國等國家正積極發展基礎設施,包括道路建設、住宅和商業建築以及各種土木工程計劃。此外,中國的「一帶一路」計劃和印度的「智慧城市使命」等專注於基礎設施發展的政府舉措也進一步推動了該地區挖掘機的需求。
由於對交通、住宅和商業建築等基礎設施開發計劃的需求不斷增加,預計歐洲在預測期內將呈現最高的年複合成長率。製造商不斷推出遠端資訊處理系統和油壓混合動力技術等先進功能,以提高生產率和操作員安全。此外,日益成長的環境問題導致人們採用更清潔、更節能的挖土機,這推動了該地區的市場規模。
According to Stratistics MRC, the Global Hydraulic Excavator Market is accounted for $11.7 billion in 2023 and is expected to reach $18.0 billion by 2030 growing at a CAGR of 6.3% during the forecast period. A hydraulic excavator is a versatile construction machine used for digging, material handling, and demolition tasks. It features a powerful hydraulic system that drives its movements and attachments. Typically mounted on tracks or wheels for mobility, the excavator is characterized by a rotating platform called the house, where the operator cabin, engine, and hydraulic components are housed. Excavators come in various sizes, from compact models suitable for urban environments to large machines used in mining and heavy construction.
Infrastructure development
As countries invest in building roads, bridges, airports, and other critical infrastructure, the demand for hydraulic excavators escalates. These machines are indispensable for various construction tasks, such as excavation, demolition, material handling, and landscaping. Additionally, government-led infrastructure projects aimed at improving connectivity and enhancing public amenities contribute significantly to the demand for hydraulic excavators.
High initial investment
Hydraulic excavators are complex and technologically advanced machines that require substantial capital investment for their purchase, operation, and maintenance. Small to midsized businesses, in particular, may find it challenging to allocate a substantial portion of their budget to purchase a hydraulic excavator. Moreover, hydraulic excavators need regular maintenance, including servicing, repairs, and replacement of parts, which adds to the overall operational expenditure, thereby hindering market growth.
Government initiatives and investments
Government initiatives aimed at modernizing infrastructure, particularly in emerging economies, have led to increased spending on construction and mining projects. Subsidies, tax incentives, and favorable regulatory policies are provided by governments to encourage the adoption of advanced construction equipment. Moreover, investments in renewable energy projects, such as wind and solar farms, often require excavation work for foundation construction, driving the demand for hydraulic excavators.
Competitive pressure
The hydraulic excavator market is saturated with a multitude of players offering similar products and services. This leads to intense competition as companies strive to differentiate themselves from their competitors, attract customers, and create pricing pressures, reducing profit margins and making it difficult for companies to stand out. Furthermore, globalization plays a role in intensifying competitive pressure, which impedes this market expansion.
Covid-19 Impact
The market for hydraulic excavators has been severely disrupted by the COVID-19 pandemic. Many construction companies faced financial strains, resulting in budget cuts and postponed equipment purchases. The decline in infrastructure and construction activities, coupled with economic uncertainties, dampened investment in new machinery. Additionally, reduced consumer spending and business investments also contributed to the downturn in the market.
The wheeled segment is expected to be the largest during the forecast period
The wheeled segment is estimated to hold the largest share, due to their enhanced mobility and maneuverability, making them particularly well-suited for tasks in urban areas, on paved surfaces, or in environments where frequent relocation is necessary. Their ability to travel at higher speeds between job sites compared to tracked excavators can improve overall efficiency and productivity. Moreover, wheeled excavators generally cause less damage to paved surfaces, reducing the need for costly repairs and significantly driving segment growth.
The mining engineering segment is expected to have the highest CAGR during the forecast period
The mining engineering segment is anticipated to have highest CAGR during the forecast period due to the increasing demand for minerals and metals, which drives the need for efficient excavation machinery to extract resources from mines. Moreover, the growing trend towards mechanization in mining operations enhances the adoption of hydraulic excavators, as they offer higher productivity and lower operational costs compared to traditional methods, which are driving this segment's expansion.
Asia Pacific commanded the largest market share during the extrapolated period owing to rapid urbanization and industrialization. Countries such as China, Japan, India, and South Korea are experiencing significant infrastructure development, including road construction, residential and commercial buildings, and various civil engineering projects. In addition, government initiatives focusing on infrastructure development, such as China's Belt and Road Initiative and India's Smart Cities Mission, further propel the demand for hydraulic excavators in the region.
Europe is expected to witness highest CAGR over the projection period, owing to the increasing demand for infrastructure development projects, including transportation, residential, and commercial construction. Manufacturers are continuously introducing advanced features such as telematics systems and hydraulic hybrid technology to enhance productivity and operator safety. Additionally, growing environmental concerns have led to the adoption of cleaner and more energy-efficient excavators, which is driving this region's size.
Key players in the market
Some of the key players in the Hydraulic Excavator Market include Alamo Group Inc., BEML Ltd., AB Volvo, Caterpillar Inc., Deere and Co., Astec Industries Inc., J C Bamford Excavators Ltd., CNH Industrial NV, Doosan Infracore Co. Ltd., Kato Works Co. Ltd., FAYAT SAS, SanyGroup, Guangxi LiuGong Machinery Co. Ltd., Hitachi Construction Machinery Co. Ltd., Lonking Holdings Ltd., Hyundai Construction Equipment Co., Ltd. and XCMG Group.
In January 2024, Deere & Company announced it has entered into an agreement with SpaceX to provide cutting-edge satellite communications (SATCOM) service to farmers.
In December 2023, Hitachi Construction Machinery Co., Ltd. will establish the Zero Emission EV-LAB, a research facility for collaborative creation with customers and partners to achieve zero emissions at work sites.
In December 2023, Hitachi Construction Machinery Co., Ltd. signed a memorandum on 19th October with Alfen B.V. and ITOCHU Corporation regarding collaboration on mobile energy storage systems for construction sites aimed at achieving zero emissions at construction sites in Europe.