Argentina Electric Earthmoving Equipment Market Size & Outlook
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Argentina electric earthmoving equipment market highlights
- The Argentina electric earthmoving equipment market generated a revenue of USD 323.4 million in 2023 and is expected to reach USD 457.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, up to 250 hp was the largest revenue generating engine capacity in 2023.
- 250-500 HP is the most lucrative engine capacity segment registering the fastest growth during the forecast period.
Electric earthmoving equipment market data book summary
| Market revenue in 2023 | USD 323.4 million |
| Market revenue in 2030 | USD 457.2 million |
| Growth rate | 5.1% (CAGR from 2024 to 2030) |
| Largest segment | Up to 250 hp |
| Fastest growing segment | 250-500 HP |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Up to 250 HP, More than 500 HP, 250-500 HP |
| Key market players worldwide | Caterpillar Inc, CNH Industrial NV, Doosan Corporation Electro-Materials, Hitachi Construction Machinery Co Ltd, Hydrema Group, JCB, Komatsu Ltd, Liebherr Group, Sany, Volvo Construction Equipment |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global electric earthmoving equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil electric earthmoving equipment market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,379.4 million by 2030.
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Electric Earthmoving Equipment Market Scope
Electric Earthmoving Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Volvo Construction Equipment | View profile | 10001+ | Göteborg, Vastra Gotaland, Sweden, Europe | http://www.volvoce.com |
| Sany | View profile | 10001+ | Changping, Beijing, China, Asia | http://www.sanyhi.com |
| Hydrema Group | View profile | 501-1000 | Støvring, Nordjylland, Denmark, Europe | https://www.hydrema.com |
| JCB | View profile | 10001+ | Rocester, Hampshire, United Kingdom, Europe | https://www.jcb.com |
| Doosan Corporation Electro-Materials | View profile | - | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.doosanelectronics.com/ |
| Liebherr Group | View profile | 10001+ | Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe | http://www.liebherr.com |
| CNH Industrial NV | View profile | 40496 | Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3AD | https://www.cnhindustrial.com |
| Hitachi Construction Machinery Co Ltd | View profile | 27697 | 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, Japan, 110-0015 | https://www.hitachicm.com |
| Komatsu Ltd | View profile | 70608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | https://www.komatsu.jp |
| Caterpillar Inc | View profile | 121173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | https://www.caterpillar.com |
Argentina electric earthmoving equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric earthmoving equipment market will help companies and investors design strategic landscapes.
Up to 250 hp was the largest segment with a revenue share of 49.54% in 2023. Horizon Databook has segmented the Argentina electric earthmoving equipment market based on up to 250 hp, more than 500 hp, 250-500 hp covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of electric earthmoving equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina electric earthmoving equipment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina electric earthmoving equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina electric earthmoving equipment market size, by drive type, 2018-2030 (US$M)
Argentina Electric Earthmoving Equipment Market Outlook Share, 2023 & 2030 (US$M)
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