BRAZIL CRAWLER EXCAVATOR MARKET SIZE WILL REACH REVENUE OF USD 997.3 MILLION AND UNIT SALES OF 9422 BY 2027, GROWING AT A CAGR BY VOLUME OF 5.26% DURING THE PERIOD 2021-2027

The Brazil Crawler Excavator Market Research Report includes by Excavator Type and Operating Weight (Mini (Less than 6 tons), Small (6-24 tons), Medium (25-40 tons), and Large (above 40 tons)), Application (Construction, Mining, Agriculture, Forestry, and Others), and Gross Power (<60 HP, 61-101 HP, 102-200 HP, and >201 HP)

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Most Exhaustive Report

74 Pages

7 Tables

49 Charts

1 Regions

1 Countries

15 Companies

3 Market Segment

BRAZIL CRAWLER EXCAVATOR MARKET REPORT SCOPE

Report Attribute Details
MARKET SIZE (VOLUME) 9422 UNITS (2027)
MARKET SIZE (REVENUE) USD 997.3 MILLION (2027)
CAGR (VOLUME) 5.26% (2021-2027)
Base Year 2020
Historic Year 2018-2019
Forecast Year 2021-2027
EXCAVATOR TYPE AND OPERATING WEIGHT Mini (Less than 6 tons), Small (6-24 tons), Medium (25-40 tons, and Large (above 40 tons)
APPLICATIONS Construction, Mining, Agriculture, Forestry, and Others
GROSS POWER OUTPUT <60 HP, 61-101 HP, 102-200 HP, and >201 HP
KEY VENDORS Caterpillar, Komatsu, Hitachi, Sany, Volvo Construction Equipment, Kobelco, JCB, Hyundaiand Doosan

BRAZIL CRAWLER EXCAVATOR MARKET INSIGHTS

  • Excavators used in the construction industry accounted for the largest market share of around 46.4%, followed by the mining industry with 20.7%.
  • >201 HP gross power excavators accounted for the highest market share of around 63.0% in 2020.
  • The government's ambitious economic strategy involves increasing infrastructure spending to over USD 65 billion per year by 2022, which will fuel the demand for the Brazil construction equipment industry. 
  • Over the next few years, Brazil is anticipated to see steady development in green buildings. This prediction is based on the rapid growth of green certifications, which has resulted in a reasonably mature industry. 
  • Medium excavators accounted for the largest share of around 39.2% because of their growing popularity.

Brazil Crawler Excavator Market by Volume

BRAZIL CRAWLER EXCAVATOR MARKET - SEGMENTATION ANALYSIS

  • Mini crawler excavators are majorly used in small construction activities in urban areas, as such equipment is compact and can be flexibly moved in small areas. The construction industry largely drives the demand for mini excavators in Brazil.
  • Surface mining makes significant use of small or medium excavators. Strip mining operations to shift overburden above coal and tar-sand mining employ large excavators.
  • Brazil’s 61hp-101hp crawler excavator market is expected to reach 707 units by 2027, growing at a CAGR of 4.51%.

KEY HIGHLIGHTS FROM THE REPORT

  • By switching to intelligent systems driven by IoT and data analysis for service, networking, and sustainability, the crawler excavator industry is transitioning to a more innovative industry.
  • In Brazil, the rental business is growing rapidly. With most OEMs offering rental services in this space, most of the rental equipment in Brazil is dominated by unorganized players in the Brazil crawler excavator industry. 
  • A majority of OEMs have their manufacturing facilities in Brazil, so they rely primarily on local distributors and dealers for the sale of crawler excavators.

BRAZIL CRAWLER EXCAVATOR MARKET - VENDOR LANDSCAPE

Civil construction firms and heavy equipment manufacturers can close large contracts while contributing to the country's growth. Manufacturers are making operational advances in their excavator motors, hydraulic systems, structure, tracks, and cab construction to improve fuel efficiency and competitiveness. Heavy construction machines manufacturers introduce several machines with great fuel efficiency.

TARGET AUDIENCE

  • Top-level management personnel of existing operators/vendors
  • Potential new entrants to the market
  • Consultants/consultancies/advisory firms
  • Professional landscaping service providers/contractors
  • Corporate and governments bodies

 WHY SHOULD YOU BUY THIS REPORT?

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of-

  • Volume (Unit sales)
    • Type
    • Excavator Type and Operating Weight
    • Application
    • Gross Power Output
  • Value (USD)                                        
    • Type
    • Excavator Type and Operating Weight
    • Application
    • Gross Power Output
  • Gain competitive intelligence about the economic scenario, advantages in Brazil, major projects and investments, market dynamics, and share.
  • Examples of latest technologies
  • Get presentation-ready format and easy-to-interpret data.
  • Enable decision-makers to make informed and profitable choices
  • Gain expert quantitative and qualitative analysis on value/volume growth projections of the Brazil crawler excavator market share
  • Complete supply chain analysis
  • Get COVID-19 impact analysis of the industry.
  • Company Profile of 15 major vendors

 KEY VENDORS

Key Vendors: Caterpillar, Komatsu, Hitachi, Sany, Volvo Construction Equipment, Kobelco, JCB, Hyundai, and Doosan

Other Prominent Vendors: LeeBoy, Sumitomo, Liebherr, XCMG, Kubota, and Ingersoll Rand

Frequently Asked Questions

Brazil Crawler Excavator market is projected to grow at a CAGR of 5.26% during the forecast period (2021-2027).
Excavator type and operating weight, applications, and gross power output are the Brazil Crawler Excavator market report segments.
Caterpillar, Komatsu, Hitachi, Sany, Volvo Construction Equipment, and Kobelco are the top players in the Crawler Excavator in Brazil.
The incorporation of IoT technologies is a recent trend in the Brazil crawler excavator market.
The rise in construction and mining activities are the key factors driving the Brazil crawler excavator industry.
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