Brazil Excavators Market Size & Outlook, 2022-2030

The excavators market in Brazil is expected to reach a projected revenue of US$ 1,345.0 million by 2030. A compound annual growth rate of 6.3% is expected of Brazil excavators market from 2023 to 2030.
Revenue, 2022 (US$M)
$827.7
Forecast, 2030 (US$M)
$1,345.0
CAGR, 2023 - 2030
6.3%
Report Coverage
Brazil

Brazil excavators market highlights

  • The Brazil excavators market generated a revenue of USD 827.7 million in 2022 and is expected to reach USD 1,345.0 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 6.3% from 2023 to 2030.
  • In terms of segment, 11to45 was the largest revenue generating vehicle weight in 2022.
  • <10 is the most lucrative vehicle weight segment registering the fastest growth during the forecast period.

Excavators market data book summary

Market revenue in 2022USD 827.7 million
Market revenue in 2030USD 1,345.0 million
Growth rate6.3% (CAGR from 2022 to 2030)
Largest segment11to45
Fastest growing segment<10
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentation<10, 11to45, 46>
Key market players worldwideAtlas Copco AB ADR, Caterpillar Inc, Hitachi Construction Machinery Co Ltd, Deere & Co, Kobe Steel Ltd, Komatsu Ltd, Mitsubishi Corp, Manitou BF SA, Sumitomo Corp, Terex Corp, Volvo AB ADR

Other key industry trends

  • In terms of revenue, Brazil accounted for 2.1% of the global excavators market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil excavators 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 1,345.0 million by 2030.

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Excavators Market Scope

Excavators market segmentation & scope
<10
46>
Rigid Frame
Below 50 metric ton
50 to 300 metric ton
Above 50 metric ton
Articulated Frame
Below 50 metric ton
Above 50 metric ton

Excavators Market Companies

Name Profile # Employees HQ Website

Brazil excavators 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 excavators market will help companies and investors design strategic landscapes.


11to45 was the largest segment with a revenue share of 33.7% in 2022. Horizon Databook has segmented the Brazil excavators market based on <10, 11to45, 46> covering the revenue growth of each sub-segment from 2018 to 2030.


  • Brazil Excavators Vehicle Weight Outlook (Revenue, USD Million, 2018-2030)
    • <10
    • 11to45
    • 46>
    • Rigid Frame
      • Below 50 metric ton
      • 50 to 300 metric ton
      • Above 50 metric ton
    • Articulated Frame
      • Below 50 metric ton
      • Above 50 metric ton
  • Brazil Excavators Engine Capacity Outlook (Revenue, USD Million, 2018-2030)
    • Up to 250 HP
    • 250-500 HP
    • More than 500 HP
  • Brazil Excavators Type Outlook (Revenue, USD Million, 2018-2030)
    • Wheel
    • Crawler
  • Brazil Excavators Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
    • Electric
    • ICE

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Target buyers of Brazil excavators market databook

  • Our clientele includes a mix of excavators 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 Brazil excavators market , including forecasts for subscribers. This country databook contains high-level insights into Brazil excavators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil excavators market outlook size, by vehicle weight, 2018-2030 (US$M)

Brazil Excavators Market Outlook Share, 2022 & 2030 (US$M)

Brazil excavators market outlook size, by vehicle weight, 2018-2030 (US$M)

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