Dragline Excavator Market To Observe USD 722.22 Mn Incremental Growth AB Volvo, Action Construction Equipment Ltd., American Mine Services Emerge As Key Vendors -- Technavio'


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NEW YORK, Oct. 25, 2022 /PRNewswire/ -- The ' ' report has been added to Technavio's offering. The report expects the market size to grow by USD 722.22 million, accelerating at a CAGR of 3.14% during the forecast period. The report provides a detailed analysis of the competitive landscape and offers information on several players including AB Volvo, Action Construction Equipment Ltd., American Mine Services, BAUER AG, and BEML Ltd. among others. Gain confidence by .


Dragline Excavator Market To Observe USD 722.22 Mn Incremental Growth    AB Volvo, Action Construction Equipment Ltd., American Mine Services Emerge As Key Vendors -- Technavio

Technavio has announced its latest market research report titled Global Dragline Excavator Market 2022-2026

Dragline Excavator Market 2022-2026: Key Vendors

The global dragline excavator market is fragmented due to the presence of several vendors. The steadily growing demand for construction machinery has made the market favorable for regional and international vendors. Vendors are emphasizing producing equipment suitable for the customers' local environmental conditions. The competition in the market is projected to intensify during the forecast period, as many companies are investing in emerging economies in anticipation of future growth prospects. Technavio identifies the following as the dominant players in the market:

  • AB Volvo: The company offers dragline excavators such as EC950E, EC750D, and EC300D.
  • BAUER AG: The company offers dragline excavators such as MC 76, MC 86, and MC 96.
  • Caterpillar Inc.: The company offers dragline excavators such as 8000, 8200, and 8750.
  • Hyundai Construction Equipment Co. Ltd.: The company offers dragline excavators such as 85A smart, 130 smart, and R140LC 9.
  • Kobe Steel Ltd.: The company offers dragline excavators such as Conventional excavator and Short rear tail swing excavator.
  • Action Construction Equipment Ltd.
  • American Mine Services
  • BEML Ltd.
  • Broadwind Energy Inc
  • Deere & Co.
  • Unlock more vendor profiles.

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Dragline Excavator Market 2022-2026: Key Driver

The market is driven by the growth of the global construction industry. The overall growth in the global economy has been positively influencing the global construction industry. Factors such as increase in government spending, population, per capita income, and economic progress across developing countries have significantly contributed to the growth of the global construction industry. With an increase in construction activities globally, the demand for construction equipment such as dragline excavators has increased significantly.

However, volatility in raw material prices will reduce the growth potential in the market. Aluminum, rubber, and plastic are extensively used in the manufacturing of various components of a dragline excavator. The prices of these raw materials have gone through significant volatility over the past decade. Increased taxes and duties, implementation of additional tariffs, and production outages in metal ore-producing countries have been leading to fluctuations in the price of steel and aluminum. This is expected to negatively impact the growth of the market in focus.

Know about the impact of drivers, trends, and challenges on the growth of the dragline excavator market.

Dragline Excavator Market 2022-2026: Segmentation

The global dragline excavator market is segmented as below:

  • Type
    • Diesel-mechanical
    • Diesel-electric Hybrid

The demand for diesel-mechanical dragline excavators has been significant in the market. The segment is driven by the increased demand for performing surface mining, sand manufacturing, and underwater excavation at a comparatively lesser cost. The market will witness maximum revenue generation in the segment during the forecast period.

  • Geography
    • APAC
    • North America
    • Europe
    • Middle East and Africa
    • South America

57% of the market growth will come from APAC during the forecast period. Rapid growth of the construction, industrial manufacturing, and agriculture sectors and surging investments in roads, railways, and other infrastructure construction projects are driving the growth of the regional market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The dragline excavator market report covers the following areas:

Dragline Excavator Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist dragline excavator market growth during the next five years
  • Estimation of the dragline excavator market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the dragline excavator market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of dragline excavator market vendors
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Global Heavy Construction Equipment Market 2022-2026: The global heavy construction equipment market is segmented by type (earthmoving equipment, material handling equipment, heavy construction vehicles, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The market will witness increased demand for earthmoving equipment during the forecast period. APAC will have 48% market share.

Dragline Excavator Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.14%

Market growth 2022-2026

USD 722.22 million

Market structure

Fragmented

YoY growth (%)

2.68

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 57%

Key consumer countries

US, China, Australia, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AB Volvo, Action Construction Equipment Ltd., American Mine Services, BAUER AG, BEML Ltd., Broadwind Energy Inc, Caterpillar Inc., Deere and Co., Doosan Bobcat Inc., Heavy Engineering Corp. Ltd., Hitachi Construction Machinery Co. Ltd., Hyundai Construction Equipment Co. Ltd., Kobe Steel Ltd., Komatsu Ltd., Liebherr International Deutschland GmbH, SENNEBOGEN Maschinenfabrik GmbH, Siemens AG, Sumitomo Heavy Industries, Ltd., The Manitowoc Co. Inc., and Xuzhou Construction Machinery Group Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Diesel-mechanical - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Diesel-mechanical - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Diesel-mechanical - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Diesel-mechanical - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Diesel-mechanical - Year-over-year growth 2021-2026 (%)
  • 5.4 Diesel-electric hybrid - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Diesel-electric hybrid - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Diesel-electric hybrid - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Diesel-electric hybrid - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Diesel-electric hybrid - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 Australia - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Australia - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Australia - Year-over-year growth 2021-2026 (%)
  • 7.12 India - Market size and forecast 2021-2026
    • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 AB Volvo
    • Exhibit 89: AB Volvo - Overview
    • Exhibit 90: AB Volvo - Business segments
    • Exhibit 91: AB Volvo - Key offerings
    • Exhibit 92: AB Volvo - Segment focus
  • 10.4 BAUER AG
    • Exhibit 93: BAUER AG - Overview
    • Exhibit 94: BAUER AG - Business segments
    • Exhibit 95: BAUER AG - Key offerings
    • Exhibit 96: BAUER AG - Segment focus
  • 10.5 Caterpillar Inc.
    • Exhibit 97: Caterpillar Inc. - Overview
    • Exhibit 98: Caterpillar Inc. - Business segments
    • Exhibit 99: Caterpillar Inc. - Key offerings
    • Exhibit 100: Caterpillar Inc. - Segment focus
  • 10.6 Hyundai Construction Equipment Co. Ltd.
    • Exhibit 101: Hyundai Construction Equipment Co. Ltd. - Overview
    • Exhibit 102: Hyundai Construction Equipment Co. Ltd. - Business segments
    • Exhibit 103: Hyundai Construction Equipment Co. Ltd. - Key offerings
    • Exhibit 104: Hyundai Construction Equipment Co. Ltd. - Segment focus
  • 10.7 Kobe Steel Ltd.
    • Exhibit 105: Kobe Steel Ltd. - Overview
    • Exhibit 106: Kobe Steel Ltd. - Business segments
    • Exhibit 107: Kobe Steel Ltd. - Key offerings
    • Exhibit 108: Kobe Steel Ltd. - Segment focus
  • 10.8 Komatsu Ltd.
    • Exhibit 109: Komatsu Ltd. - Overview
    • Exhibit 110: Komatsu Ltd. - Business segments
    • Exhibit 111: Komatsu Ltd. - Key news
    • Exhibit 112: Komatsu Ltd. - Key offerings
    • Exhibit 113: Komatsu Ltd. - Segment focus
  • 10.9 Liebherr International Deutschland GmbH
    • Exhibit 114: Liebherr International Deutschland GmbH - Overview
    • Exhibit 115: Liebherr International Deutschland GmbH - Product / Service
    • Exhibit 116: Liebherr International Deutschland GmbH - Key news
    • Exhibit 117: Liebherr International Deutschland GmbH - Key offerings
  • 10.10 SENNEBOGEN Maschinenfabrik GmbH
    • Exhibit 118: SENNEBOGEN Maschinenfabrik GmbH - Overview
    • Exhibit 119: SENNEBOGEN Maschinenfabrik GmbH - Product / Service
    • Exhibit 120: SENNEBOGEN Maschinenfabrik GmbH - Key offerings
  • 10.11 Sumitomo Heavy Industries, Ltd.
    • Exhibit 121: Sumitomo Heavy Industries, Ltd. - Overview
    • Exhibit 122: Sumitomo Heavy Industries, Ltd. - Product / Service
    • Exhibit 123: Sumitomo Heavy Industries, Ltd. - Key offerings
  • 10.12 The Manitowoc Co. Inc.
    • Exhibit 124: The Manitowoc Co. Inc. - Overview
    • Exhibit 125: The Manitowoc Co. Inc. - Business segments
    • Exhibit 126: The Manitowoc Co. Inc. - Key news
    • Exhibit 127: The Manitowoc Co. Inc. - Key offerings
    • Exhibit 128: The Manitowoc Co. Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 129: Inclusions checklist
    • Exhibit 130: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 131: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 132: Research methodology
    • Exhibit 133: Validation techniques employed for market sizing
    • Exhibit 134: Information sources
  • 11.5 List of abbreviations
    • Exhibit 135: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: Website:

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