Abstract
Summary
The 100% electric excavator prototype delivers zero emissions, 10 times higher efficiency, 10 times lower noise levels and reduced total cost of ownership compared to its conventional counterparts.
LPI (LP Information)' newest research report, the “Electric Excavator Industry Forecast” looks at past sales and reviews total world Electric Excavator sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Excavator sales for 2023 through 2029. With Electric Excavator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Excavator industry.
This Insight Report provides a comprehensive analysis of the global Electric Excavator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Excavator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Excavator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Excavator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Excavator.
The global Electric Excavator market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Electric Excavator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Electric Excavator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Electric Excavator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Electric Excavator players cover Sennebogen, Volvo, IHI Compact Excavator, Bobcat, JCB, Green Machine, Mecalac, Hyundai and Hitachi Construction Machinery, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Excavator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Under 10 hp
10 - 20 hp
Over 20 hp
Segmentation by application
Hospitals
Schools
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sennebogen
Volvo
IHI Compact Excavator
Bobcat
JCB
Green Machine
Mecalac
Hyundai
Hitachi Construction Machinery
Precision ProCut
Wacker Neuson SE
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Excavator market?
What factors are driving Electric Excavator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Excavator market opportunities vary by end market size?
How does Electric Excavator break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Electric Excavator Industry Forecast” looks at past sales and reviews total world Electric Excavator sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Excavator sales for 2023 through 2029. With Electric Excavator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Excavator industry.
This Insight Report provides a comprehensive analysis of the global Electric Excavator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Excavator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Excavator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Excavator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Excavator.
The global Electric Excavator market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Electric Excavator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Electric Excavator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Electric Excavator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Electric Excavator players cover Sennebogen, Volvo, IHI Compact Excavator, Bobcat, JCB, Green Machine, Mecalac, Hyundai and Hitachi Construction Machinery, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Excavator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Under 10 hp
10 - 20 hp
Over 20 hp
Segmentation by application
Hospitals
Schools
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sennebogen
Volvo
IHI Compact Excavator
Bobcat
JCB
Green Machine
Mecalac
Hyundai
Hitachi Construction Machinery
Precision ProCut
Wacker Neuson SE
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Excavator market?
What factors are driving Electric Excavator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Excavator market opportunities vary by end market size?
How does Electric Excavator break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electric Excavator Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Electric Excavator by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Electric Excavator by Country/Region, 2018, 2022 & 2029
2.2 Electric Excavator Segment by Type
2.2.1 Under 10 hp
2.2.2 10 - 20 hp
2.2.3 Over 20 hp
2.3 Electric Excavator Sales by Type
2.3.1 Global Electric Excavator Sales Market Share by Type (2018-2023)
2.3.2 Global Electric Excavator Revenue and Market Share by Type (2018-2023)
2.3.3 Global Electric Excavator Sale Price by Type (2018-2023)
2.4 Electric Excavator Segment by Application
2.4.1 Hospitals
2.4.2 Schools
2.4.3 Others
2.5 Electric Excavator Sales by Application
2.5.1 Global Electric Excavator Sale Market Share by Application (2018-2023)
2.5.2 Global Electric Excavator Revenue and Market Share by Application (2018-2023)
2.5.3 Global Electric Excavator Sale Price by Application (2018-2023)
3 Global Electric Excavator by Company
3.1 Global Electric Excavator Breakdown Data by Company
3.1.1 Global Electric Excavator Annual Sales by Company (2018-2023)
3.1.2 Global Electric Excavator Sales Market Share by Company (2018-2023)
3.2 Global Electric Excavator Annual Revenue by Company (2018-2023)
3.2.1 Global Electric Excavator Revenue by Company (2018-2023)
3.2.2 Global Electric Excavator Revenue Market Share by Company (2018-2023)
3.3 Global Electric Excavator Sale Price by Company
3.4 Key Manufacturers Electric Excavator Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Electric Excavator Product Location Distribution
3.4.2 Players Electric Excavator Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Electric Excavator by Geographic Region
4.1 World Historic Electric Excavator Market Size by Geographic Region (2018-2023)
4.1.1 Global Electric Excavator Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Electric Excavator Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Electric Excavator Market Size by Country/Region (2018-2023)
4.2.1 Global Electric Excavator Annual Sales by Country/Region (2018-2023)
4.2.2 Global Electric Excavator Annual Revenue by Country/Region (2018-2023)
4.3 Americas Electric Excavator Sales Growth
4.4 APAC Electric Excavator Sales Growth
4.5 Europe Electric Excavator Sales Growth
4.6 Middle East & Africa Electric Excavator Sales Growth
5 Americas
5.1 Americas Electric Excavator Sales by Country
5.1.1 Americas Electric Excavator Sales by Country (2018-2023)
5.1.2 Americas Electric Excavator Revenue by Country (2018-2023)
5.2 Americas Electric Excavator Sales by Type
5.3 Americas Electric Excavator Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Electric Excavator Sales by Region
6.1.1 APAC Electric Excavator Sales by Region (2018-2023)
6.1.2 APAC Electric Excavator Revenue by Region (2018-2023)
6.2 APAC Electric Excavator Sales by Type
6.3 APAC Electric Excavator Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Electric Excavator by Country
7.1.1 Europe Electric Excavator Sales by Country (2018-2023)
7.1.2 Europe Electric Excavator Revenue by Country (2018-2023)
7.2 Europe Electric Excavator Sales by Type
7.3 Europe Electric Excavator Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Electric Excavator by Country
8.1.1 Middle East & Africa Electric Excavator Sales by Country (2018-2023)
8.1.2 Middle East & Africa Electric Excavator Revenue by Country (2018-2023)
8.2 Middle East & Africa Electric Excavator Sales by Type
8.3 Middle East & Africa Electric Excavator Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Electric Excavator
10.3 Manufacturing Process Analysis of Electric Excavator
10.4 Industry Chain Structure of Electric Excavator
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Electric Excavator Distributors
11.3 Electric Excavator Customer
12 World Forecast Review for Electric Excavator by Geographic Region
12.1 Global Electric Excavator Market Size Forecast by Region
12.1.1 Global Electric Excavator Forecast by Region (2024-2029)
12.1.2 Global Electric Excavator Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Electric Excavator Forecast by Type
12.7 Global Electric Excavator Forecast by Application
13 Key Players Analysis
13.1 Sennebogen
13.1.1 Sennebogen Company Information
13.1.2 Sennebogen Electric Excavator Product Portfolios and Specifications
13.1.3 Sennebogen Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Sennebogen Main Business Overview
13.1.5 Sennebogen Latest Developments
13.2 Volvo
13.2.1 Volvo Company Information
13.2.2 Volvo Electric Excavator Product Portfolios and Specifications
13.2.3 Volvo Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Volvo Main Business Overview
13.2.5 Volvo Latest Developments
13.3 IHI Compact Excavator
13.3.1 IHI Compact Excavator Company Information
13.3.2 IHI Compact Excavator Electric Excavator Product Portfolios and Specifications
13.3.3 IHI Compact Excavator Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 IHI Compact Excavator Main Business Overview
13.3.5 IHI Compact Excavator Latest Developments
13.4 Bobcat
13.4.1 Bobcat Company Information
13.4.2 Bobcat Electric Excavator Product Portfolios and Specifications
13.4.3 Bobcat Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Bobcat Main Business Overview
13.4.5 Bobcat Latest Developments
13.5 JCB
13.5.1 JCB Company Information
13.5.2 JCB Electric Excavator Product Portfolios and Specifications
13.5.3 JCB Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 JCB Main Business Overview
13.5.5 JCB Latest Developments
13.6 Green Machine
13.6.1 Green Machine Company Information
13.6.2 Green Machine Electric Excavator Product Portfolios and Specifications
13.6.3 Green Machine Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Green Machine Main Business Overview
13.6.5 Green Machine Latest Developments
13.7 Mecalac
13.7.1 Mecalac Company Information
13.7.2 Mecalac Electric Excavator Product Portfolios and Specifications
13.7.3 Mecalac Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Mecalac Main Business Overview
13.7.5 Mecalac Latest Developments
13.8 Hyundai
13.8.1 Hyundai Company Information
13.8.2 Hyundai Electric Excavator Product Portfolios and Specifications
13.8.3 Hyundai Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Hyundai Main Business Overview
13.8.5 Hyundai Latest Developments
13.9 Hitachi Construction Machinery
13.9.1 Hitachi Construction Machinery Company Information
13.9.2 Hitachi Construction Machinery Electric Excavator Product Portfolios and Specifications
13.9.3 Hitachi Construction Machinery Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Hitachi Construction Machinery Main Business Overview
13.9.5 Hitachi Construction Machinery Latest Developments
13.10 Precision ProCut
13.10.1 Precision ProCut Company Information
13.10.2 Precision ProCut Electric Excavator Product Portfolios and Specifications
13.10.3 Precision ProCut Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Precision ProCut Main Business Overview
13.10.5 Precision ProCut Latest Developments
13.11 Wacker Neuson SE
13.11.1 Wacker Neuson SE Company Information
13.11.2 Wacker Neuson SE Electric Excavator Product Portfolios and Specifications
13.11.3 Wacker Neuson SE Electric Excavator Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 Wacker Neuson SE Main Business Overview
13.11.5 Wacker Neuson SE Latest Developments
14 Research Findings and Conclusion