Dragline Excavator Market by Type and Geography - Forecast and Analysis 2022-2026
| Published: Sep 2022 | Pages: 123 | SKU: IRTNTR74505 |
The dragline excavator market is projected to grow by USD 722.22 million with a CAGR of 3.14% during the forecast period 2021 to 2026.
This dragline excavator market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the dragline excavator market segmentation by type (diesel-mechanical and diesel-electric hybrid) and geography (APAC, North America, Europe, the Middle East and Africa, and South America). The dragline excavator market report also offers information on several market vendors, including AB Volvo, Action Construction Equipment Ltd., American Mine Services, BAUER AG, BEML Ltd., Broadwind Energy Inc, Caterpillar Inc., Deere & 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. among others.
What will the Dragline Excavator Market Size be During the Forecast Period?
Download Report Sample to Unlock the Dragline Excavator Market Size for the Forecast Period and Other Important Statistics
Dragline Excavator Market: Key Drivers, Trends, and Challenges
The research studied the historical data considered for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the dragline excavator market.
Key Dragline Excavator Market Driver
The growth of the global construction industry is one of the key factors driving the dragline excavator market growth. Governments of various countries, such as India, Saudi Arabia, and Qatar, are investing heavily in developing smart cities. Smart cities provide better transportation facilities, smart grids, improved healthcare facilities, advanced technologies, and enhanced traffic management systems. In addition, owing to the upcoming 2022 International Federation of Football Associations (FIFA) World Cup in Qatar, the Government of Qatar is likely to spend billions of dollars on infrastructure, which is expected to drive the market in focus in the region. Moreover, the city of Lusail will have modem transport facilities such as a light-rail system and water taxi facilities. Thus, the development of infrastructure and smart cities worldwide will necessitate the use of dragline excavators to speed up construction activities during the forecast period.
Key Dragline Excavator Market Trend
High demand for remote monitoring systems in excavators is one of the key dragline excavator market trends propelling the market growth. The remote monitoring system helps excavator owners, such as construction companies and contractors, to monitor the location of their machines via GPS, as well as machine history and others. The leading manufacturers of construction machinery in Japan, such as Hitachi Construction Machinery, Komatsu, and Kobelco Construction Machinery, provide remote monitoring systems in their excavators. For instance, Hitachi Construction Machinery provides excavator users with its Global e-Service, a remote monitoring system for its range of large excavators. Moreover, the company also provides its in-house developed ZXLink remote monitoring systems for all types of excavators, fueling further the growth of the market during the forecast period.
Key Dragline Excavator Market Challenge
Raw material price volatility is one of the factors limiting the dragline excavator market growth. Raw material costs account for a major share of the total capital expenditure incurred by manufacturers. Thus, any unanticipated fluctuations in raw material prices can affect their overall profit margins. Purchasing raw materials in bulk escalates inventory and production costs. Furthermore, manufacturers may have to pay a significantly high cost to purchase raw materials in advance, compared with the cost prevalent at the time of actual production. Therefore, raw material price volatility stands as a major challenge for dragline excavator manufacturers during the forecast period.
This dragline excavator market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
The global dragline excavator market is a key segment of the global construction machinery and heavy trucks market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the dragline excavator market during the forecast period.
Who are the Major Dragline Excavator Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- AB Volvo
- Action Construction Equipment Ltd.
- American Mine Services
- BAUER AG
- BEML Ltd.
- Broadwind Energy Inc
- Caterpillar Inc.
- Deere & 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.
- Xuzhou Construction Machinery Group Co. Ltd.
This statistical study of the dragline excavator market encompasses successful business strategies deployed by the key vendors. The dragline excavator market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Product Insights and News
- sennebogen.com - The company offers dragline excavators such as 624E, 630E, 640E, and 670E.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The vendor profiles are designed to help clients improve their market position and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.
Dragline Excavator Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the dragline excavator market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for Dragline Excavator Market?
For more insights on the market share of various regions Request PDF Sample now!
57% of the market’s growth will originate from APAC during the forecast period. China, Australia, and India are the key markets for the dragline excavator market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The rise in private-public partnerships (PPPs) to support infrastructure development will facilitate the dragline excavator market's growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
In 2020, the market was negatively impacted in APAC, owing to the spread of COVID-19. However, in 2021, the successful vaccination drives conducted across the region and the rise in investment inflows into the construction sector helped in the resumption of construction operations. Thus, the regional market is expected to grow during the forecast period.
What are the Revenue-generating Type Segments in the Dragline Excavator Market?
To gain further insights on the market contribution of various segments Request a PDF Sample
The dragline excavator market share growth in the diesel-mechanical segment will be significant during the forecast period. By reducing operating time through the application of conversion ratios and running time estimations, diesel-mechanical dragline excavators also help in the simplification of the construction process by making the most efficient use of fuel, thus enhancing the overall productivity of the construction process further. This, in turn, fuels the growth of the market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the dragline excavator market size and actionable market insights on the post-COVID-19 impact on each segment.
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Dragline Excavator Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.14% |
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Market growth 2022-2026 |
$722.22 million |
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Market structure |
Fragmented |
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YoY growth (%) |
2.68 |
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Regional analysis |
APAC, North America, Europe, the Middle East and Africa, and South America |
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Performing market contribution |
APAC at 57% |
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Key consumer countries |
US, China, Australia, India, and Germany |
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Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
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Key companies profiled |
AB Volvo, Action Construction Equipment Ltd., American Mine Services, BAUER AG, BEML Ltd., Broadwind Energy Inc, Caterpillar Inc., Deere & 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. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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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. |
What are the Key Data Covered in this Dragline Excavator Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive dragline excavator market growth during the next five years
- Precise estimation of the dragline excavator market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the dragline excavator industry across APAC, North America, Europe, the Middle East and Africa, and South America
- A thorough 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
We can help! Our analysts can customize this report to meet your requirements. Get in touch
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
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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dragline excavator market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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