Companies Dominating the Electric Excavators Landscape
- Caterpillar Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- SENNEBOGEN
- J C Bamford Excavators Ltd.
- AB Volvo
- Doosan Bobcat
- Deere & Company
- YANMAR HOLDINGS CO., LTD.
- Xuzhou Construction Machinery Group Co., Ltd
- KUBOTA Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of electric excavators is evaluated at USD 68.48 billion.
The electric excavators market size was valued at USD 59.13 billion in 2024 and is expected to reach USD 543.14 billion by 2037, registering around 18.6% CAGR during the forecast period i.e., between 2025-2037. Growing evolution and development of several industries and growing technological advancements will boost the market growth.
Europe industry is set to account for largest revenue share of 33% by 2037, impelled by growing electrification trend in construction domain in the region.
The major players in the market are J C Bamford Excavators Ltd., AB Volvo, Doosan Bobcat, Deere & Company, YANMAR HOLDINGS CO., LTD., Hitachi Construction Machinery Co., Ltd., and others.
