The Colombia crawler excavator market size will be valued at USD 168 million and to reach volume of 1982 units by 2027, growing at a compound annual growth rate (CAGR) of 4.39% by volume during 2021-2027.

The Colombia Crawler Excavator Market Research Report includes by Excavator Type and Operating Weight ((Mini (less than 6 tons), Small (7-24 tons), Medium (25-40 tons), and Large (above 40 tons)), Application (Mining, Construction, Agriculture, Forestry, and Others), and Gross Power Output (<60 HP, 61-101 HP, 102-200 HP, and >201 HP)

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Most Exhaustive Report

75 Pages

3 Tables

54 Charts

1 Regions

1 Countries

15 Companies

3 Market Segment

COLOMBIA CRAWLER EXCAVATOR MARKET REPORT SCOPE

Report Attribute Details
MARKET SIZE (VALUE) USD 168 MILLION (2026)
MARKET SIZE (VOLUME) 1982 UNIT SALES (2026)
CAGR 4.39% (2021-2026)
Base Year 2020
Historic Year 2018-2019
Forecast Year 2021-2027
EXCAVATOR TYPE AND OPERATING WEIGHT Mini (less than 6 tons), Small (7-24 tons), Medium (25-40 tons, Large (above 40 tons)
APPLICATION Mining, Construction, Agriculture, Forestry, and Others
GROSS POWER OUTPUT <60 HP, 61-101 HP, 102-200 HP, and >201 HP
KEY VENDORS Caterpillar, Komatsu, Hitachi, Hyundai construction Equipment, SANY, Volvo Construction Equipment, Doosan Heavy Industries & Construction, Kobelco, and JCB

COLOMBIA CRAWLER EXCAVATOR MARKET INSIGHTS

  • Increasing investments in road construction, housing projects, and development projects in the pipeline will fuel the growth of the Colombia crawler excavator industry.
  • Due to intense competition in technology and design, excavator makers are marketing their devices vigorously, focused on technologically innovative features and a wide variety of attachments.
  • Medium Excavators accounted for the largest market share of 29.6% because of their growing popularity.
  • The growing market for mini excavators is driving OEMs to develop and release more sophisticated models as they are capable of landscaping, excavating, demolishing, and material handling in cities and farms. 
  • By switching to intelligent systems driven by IoT and data analysis for service, networking, and sustainability, the Colombia crawler excavator industry is transitioning to become a more innovative industry.

Colombia Crawler Excavator Market by Volume

Colombia Crawler Excavator Market by Volume

 

COLOMBIA CRAWLER EXCAVATOR MARKET - SEGMENTAL ANALYSIS

  • The mini excavator is expected to grow in the long term, owing to the increasing demand for compact excavators that are technologically advanced. Colombia's mini crawler excavator industry is expected to reach 539 units by 2027. 
  • Government infrastructure development plans will be the driving force for the increase in construction in the country. Colombia’s crawler excavator market by construction is expected to reach 877 units by 2027.
  • Colombia’s gross Power >201 HP crawler excavator industry is expected to reach 716 units by 2027, growing at a CAGR of 4.56%.

 KEY HIGHLIGHTS FROM THE REPORT

  • Investments from developed nations, favorable government policies and FDIs, a shift in focus toward local production, and anticipated industrial advancements in the mining, agriculture, and construction machines industries contribute to the increased demand for crawler excavators across Colombia.
  • Colombia is planning to invest aggressively to strengthen its infrastructure. The government is planning to invest USD 9.3 billion in developing transport infrastructure, which will accelerate the country's heavy equipment demand.
  • The emergence of new technology and the use of automation in excavators will increase the growth of mining industries. 

COLOMBIA CRAWLER EXCAVATOR MARKET - VENDOR LANDSCAPE

Caterpillar, Komatsu, Hitachi, Hyundai Construction Equipment, SANY, Volvo Construction Equipment, Doosan Heavy Industries & Construction, Kobelco, and JCB are the top players in the crawler excavator market in Colombia. John Deere has introduced Smart Grade technology in 10G LC and 350G LC excavators. Hydraulic excavators are Hitachi’s primary product range and offer several models ranging from medium and micro excavators. The company provides a range of grade management solutions: Smart Grade, Smart Grade- Ready with 2D, 3D Grade Guidance.

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)
    • Excavator Type and Operating Weight
    • Application
    • Gross Power Output
  • Value (USD)                                        
    • Excavator Type and Operating Weight
    • Application
    • Gross Power Output
  • Gain competitive intelligence about the economic scenario, advantages in Colombia, major projects and investments, dynamics, and market 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 Colombia crawler excavator market share
  • Complete supply chain analysis
  • Get COVID-19 impact analysis of the market
  • Company Profile of 13 major vendors

KEY VENDORS

Key Vendors: Caterpillar, Komatsu, Hitachi, Hyundai construction Equipment, SANY, Volvo Construction Equipment, Doosan Heavy Industries & Construction, Kobelco, and JCB

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

Frequently Asked Questions

The Colombia crawler excavator market to reach USD 168 million during 2021 -2027
The Colombia crawler excavator market is expected to grow at a CAGR of 4.39% during 2021-2027.
Excavator type and operating weight, application, and gross power output are the covered segments.
Caterpillar, Komatsu, Hitachi, Hyundai construction equipment, SANY, Volvo Construction Equipment, Doosan Heavy Industries & Construction, Kobelco, and JCB are the top players.
The adoption of automation in the crawler market is gaining high traction in Colombia.
Innovation and advancement in technologies are the key factors driving the growth.
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The Colombia crawler excavator market is expected to show an incremental growth of 529 units. Manufacturers are making operational advancements in their excavator motors, hydraulic systems, structure, tracks, and cab construction to improve their telematics fuel efficiency and competitiveness.

Base Year: 2020

Forecast Year: 2021-2027

Scope: The report considers the present scenario of the Colombia crawler excavator market and its market dynamics for the forecast period 2021−2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with segment analysis of the Colombia crawler excavator market.

Major Vendors

  • Caterpillar
  • Komatsu
  • Hitachi Construction Machinery
  • Hyundai Construction Equipment
  • SANY
  • Volvo Construction Equipment
  • Doosan Heavy Industries & Construction
  • Kobelco
  • JCB

Other Prominent Vendors

  • Kubota
  • Sumitomo
  • Ingersoll Rand
  • XCMG
  • LeeBoy
  • LIEBHERR

Distributor Profiles

  • Central S.A.S
  • Rentandes
  • Alquima
  • Mecoltec
  • IMPORTADORA CASA Colombia S.A.S

Segmentation by Excavator Type and Operating Weight

  • Mini ( less than 6 tons)
  • Small (7-24 tons)
  • Medium (25-40 tons)
  • Large (above 40 tons)

Segmentation by Application

  • Mining
  • Construction
  • Agriculture
  • Forestry
  • Others

Segmentation by Gross Power Output

  • Less than 60 HP
  • 61-101 HP
  • 102-200 HP
  • Greater than 201 HP

Section 1 – Introduction
• Market Snapshot
• Executive Summary

Section 2 – The Market Overview

Economic Scenario, Advantage Colombia, COVID-19 Impact, COVID-19 Impact analysis, Key Economic Regions in Colombia, Supply Chain Insight

Section 3- Technological Advances
• Technology Adoption by Major Vendors with Examples

Section 4 Market Dynamics
• Market Drivers, Restraints, Trends

Section 5 – Colombia Crawler Excavator Market (Type & Operating Weight)
       1. Colombia Crawler Excavator Market by Type (Operating Weight)
           Mini Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027
           Small Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027
           Medium Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027
           Large Crawler Excavator, Market Size and Forecast, Volume & Value, 2018-2027

  1. Colombia Crawler Excavator Market by Application
    Construction Market Size and Forecast, Volume & Value, 2018-2027
    Mining Market Size and Forecast, Volume & Value, 2018-2027
    Agriculture Market Size and Forecast, Volume & Value, 2018-2027
    Forestry Market Size and Forecast, Volume & Value, 2018-2027
    Other Market Size and Forecast, Volume & Value, 2018-2027
  2. Colombia Crawler Excavator Market by Gross Power
    Gross Power

          Gross Power 60 hp- 101 hp Market Size and Forecast, Volume & Value, 2018-2027
          Gross Power 102 hp- 201 hp Market Size and Forecast, Volume & Value, 2018-2027
          Gross Power>201 hp Market Size and Forecast, Volume & Value, 2018-2027

Section 6 – Market Landscape

Supply Chain Analysis

Section 7 – Competitive Landscape
      1. Company Profile of major Vendors (Komatsu, Hitachi Construction Machinery, Kobelco, Caterpillar, Hyundai Construction Equipment, Doosan, JCB, SANY, Volvo Construction Equipment)
      2. Other Prominent vendors

  1. Distributors Profile

Section 8 – Report Summary
1. Key Insights

Section 9 – Appendix
1. Research Methodology
2. Research Objective
3. Market Definition, Inclusion & Exclusion

Exhibit 1             Colombia crawler excavator market by volume (unit sales), 2018-2027

Exhibit 2             Colombia Crawler Excavator Market by Gross Power Output, (% volume share) 2020

Exhibit 3             Colombia Crawler Excavator Market by Volume (Unit Sales) 2018-2027

Exhibit 4             Colombia Crawler Excavator Market by Value ($ MN) 2018-2027

Exhibit 5             Colombia crawler Excavator Market by Application 2020 (% volume share)

Exhibit 6             Colombia Crawler Excavator Market by Type (Operating Weight) 2018-2027 (Unit Sales)

Exhibit 7             Colombia GDP Value ($BN) 2015-2020

Exhibit 8             Colombia Government Investment in Various Sectors in ($BN)

Exhibit 9             FDI Inflow in $(BN)

Exhibit 10           Sector Wise FDI inflow in $(BN)

Exhibit 11           GDP Contribution by State in $ (BN) 2019

Exhibit 12           Industry GDP Contribution Sector 2020

Exhibit 13           GPP Per Capita ($), 2020

Exhibit 14           Yearly Approved Foreign Investment in Mining ($ BN)

Exhibit 15           Colombia Crude oil price in USD per Barrel (2015-2020)

Exhibit 16           Carbon Emission by Sector

Exhibit 17           Colombia Crawler Excavator Market by Excavator Type 2018-2027 (unit sales)

Exhibit 18           Colombia Crawler Excavator Market by Gross Power Output 2018-2027 (unit sales)

Exhibit 19           Colombia Crawler Excavator Market by Application 2018-2027 (unit sales)

Exhibit 20           Colombia Mini Excavator Market 2018–2027 (Unit Sales)

Exhibit 21           Colombia Mini Crawler Excavator Market 2018–2027 ($ MN)

Exhibit 22           Colombia Small Excavator Market 2018–2027 (Unit Sales)

Exhibit 23           Colombia Small Crawler Excavator Market 2018–2027 ($ MN)

Exhibit 24           Colombia Medium Excavator Market 2018–2027 (Unit Sales)

Exhibit 25           Colombia Medium Excavator Market 2018–2027 ($ MN)

Exhibit 26           Colombia Large Excavator Market 2018–2027 (Unit Sales)

Exhibit 27           Colombia Large Excavator Market 2018–2027 ($ MN)

Exhibit 28           Colombia Crawler Excavator Market by Construction 2018–2027 (Unit Sales)

Exhibit 29           Colombia Crawler Excavator Market by Construction 2018–2027 ($ MN)

Exhibit 30           Colombia Crawler Excavator Market by Mining 2018–2027 (Unit Sales)

Exhibit 31           Colombia Crawler Excavator Market by Mining 2018–2027 ($ MN)

Exhibit 32           Colombia Crawler Excavator Market by Agriculture 2018–2027 (Unit Sales)

Exhibit 33           Colombia Crawler Excavator Market by Agriculture 2018–2027 ($ MN)

Exhibit 34           Colombia Crawler Excavator Market by Forestry 2018–2027 (Unit Sales)

Exhibit 35           Colombia Crawler Excavator Market by Forestry 2018–2027 ($ MN)

Exhibit 36           Colombia Crawler Excavator Market by Others 2018–2027 (Unit Sales)

Exhibit 37           Colombia Crawler Excavator Market by Others 2018–2027 ($ MN)

Exhibit 38           Colombia Gross Power Output

Exhibit 39           Colombia Gross Power Output

Exhibit 40           Colombia Gross Power Output 61 HP-101 HP Excavator Market   2018–2027 (Unit Sales)

Exhibit 41           Colombia Gross Power Output 61 HP-101 HP Excavator Market    2018–2027 ($ MN)

Exhibit 42           Colombia Gross Power Output 102 HP-200 HP Excavator Market   2018–2027 (Unit Sales)

Exhibit 43           Colombia Gross Power Output 102 HP-200 HP Excavator Market   2018–2027 ($ MN)

Exhibit 44           Colombia Gross Power Output >201 HP Excavator Market   2018–2027 (Unit Sales)

Exhibit 45           Colombia Gross Power Output >201 HP Excavator Market   2018–2027 ($ MN

Exhibit 46           Caterpillar; total revenue 2018-2020 ($ billion)

Exhibit 47           Caterpillar, total revenue by segment 2019 ($ billion)

Exhibit 48           Komatsu; total revenue 2018-2020 ($ billion)

Exhibit 49           Komatsu; total revenue by segment 2019($ billion)

Exhibit 50           HITACHI Construction Machinery; total revenue 2018-2020($billion)

Exhibit 51           Hitachi construction Machinery; total revenue by segment 2019-2020 ($ billion)

Exhibit 52           Hyundai construction equipment; total revenue 2018-2020 ($ billion)

Exhibit 53           Hyundai Construction Equipment, total revenue by segment 2019 ($ billion)

Exhibit 54           JCB, total Revenue by Segment 2019-2020 (%)

 

LIST OF TABLES

Table 1               Government infrastructure development Projects

Table 2               Crawler Excavator YOY Growth by Volume

Table 3               Key Insights

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