市场调查报告书
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到 2030 年液压挖土机市场预测:按类型、马力、应用和地区进行全球分析Hydraulic Excavator Market Forecasts to 2030 - Global Analysis By Type (Mini, Wheeled, Crawler and Other Types), Power Rating, Application, and By Geography |
根据Stratistics MRC预测,2023年全球液压挖土机市场规模将达117亿美元,预计2030年将达到180亿美元,预测期内复合年增长率为6.3%。
液压挖掘机是一种多功能施工机械,用于挖掘、物料输送和拆除工作。它具有强大的液压系统来驱动其运动和附件。挖土机通常安装在卡车或车轮上进行运输,并具有一个称为房屋的旋转平台,其中装有操作室、引擎和液压部件。挖掘机有多种尺寸,从适合城市环境的紧凑型到用于采矿和重型建筑的大型机器。
基础建设发展
随着各国对道路、桥樑和机场等关键基础设施的投资,对液压挖土机的需求不断增加。这些机器对于各种施工任务至关重要,包括挖掘、拆除、物料输送和景观美化。此外,政府主导的旨在改善连接性和加强公共设施的基础设施计划也大大增加了对挖土机的需求。
初始投资高
液压挖土机是复杂且技术先进的机器,需要大量资本投资来购买、操作和维护。特别是小型企业可能会发现很难将大部分预算用于购买液压挖土机。此外,液压挖土机需要定期维护,包括保养、维修和零件更换,这增加了整体营运支出,从而阻碍了市场成长。
政府措施和投资
政府对基础设施现代化的努力,特别是在新兴经济体,导致建筑和采矿计划支出增加。政府提供补贴、税收优惠和有利的监管政策,鼓励引进先进的施工机械。此外,对风能和太阳能发电场等可再生能源计划的投资通常需要进行基础施工的挖掘工作,从而推动了对挖土机的需求。
竞争压力
液压挖土机市场已饱和状态,有许多提供类似产品和服务的厂商。结果,公司寻求与竞争对手区分开来、吸引客户并施加价格压力,从而造成激烈的竞争,从而降低报酬率并使其难以脱颖而出。此外,全球化加剧了竞争压力,阻碍了市场扩张。
COVID-19 的影响
液压挖土机市场受到 COVID-19 大流行的严重干扰。许多建设公司面临财务压力,迫使他们削减预算并推迟设备购买。基础设施和建设活动的减少,加上经济的不确定性,抑制了对新机械的投资。此外,消费者支出和商业投资的下降也导致了市场的低迷。
轮式细分市场预计将在预测期内成为最大的细分市场
轮式部分由于其高机动性和可操纵性,特别适合在都市区、铺装路面或需要频繁移动的环境中工作,并且估计占最大份额。与轨道挖掘机相比,在场地之间高速移动的能力可以提高整体效率和生产率。此外,轮式挖土机通常对路面造成的损坏较小,从而减少了昂贵的维修需求,并大大促进了细分市场的成长。
采矿工程领域预计在预测期内复合年增长率最高。
由于对矿物和金属的需求不断增加以及对高效钻探机械从矿山中提取资源的需求不断增加,预计采矿工程行业在预测期内将出现最高的复合年增长率。此外,采矿作业日益增长的机械化趋势正在推动液压挖掘机的采用,与传统方法相比,液压挖掘机具有更高的生产率和更低的营运成本,从而促进了该领域的扩张。
由于快速的都市化和工业化,亚太地区在预测期内占据了最大的市场占有率。中国、日本、印度和韩国等国家正积极发展基础设施,包括道路建设、住宅和商业建筑以及各种土木工程计划。此外,中国的「一带一路」倡议和印度的「智慧城市使命」等专注于基础设施发展的政府倡议也进一步推动了该地区挖掘机的需求。
由于对交通、住宅和商业建筑等基础设施开发计划的需求不断增加,预计欧洲在预测期内将呈现最高的复合年增长率。製造商不断推出远端资讯处理系统和油压混合动力技术等先进功能,以提高生产率和操作员安全。此外,日益增长的环境问题导致人们采用更清洁、更节能的挖土机,这推动了该地区的市场规模。
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.