Excavators are heavyweight construction equipment. Its so-called house has a cab, a boom, a dipper, and a bucket. The house is a rotating platform that rests upon an undercarriage with a track system. An operator controls the machine from the cab. A boom is connected to the house, and has a stick attached to the end known as a dipper, providing adequate digging force to pull the bucket through the earth. Buckets come in a lot of sizes and shapes to perform a variety of functions. Excavators used on construction sites are used to dig holes, trenches and foundations. Besides construction, excavators are also used in the mining industry and in forestry work. Other applications include demolitions and dredging projects.
According to the new market research report “Dredging Excavator - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Dredging Excavator market size is projected to reach USD 0.58 billion by 2029, at a CAGR of 3.1% during the forecast period.
- Global Dredging Excavator MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Dredging Excavator - Global Market Insights and Sales Trends 2024”
- Global Dredging Excavator Top15Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: QYResearch, "Dredging Excavator - Global Market Insights and Sales Trends 2024”
The global key manufacturers of Dredging Excavator include Waterking B.V., Wilco Marsh, Marsh Buggies Inc(MBI), Normrock Industries, Bell Dredging Pumps, Doosan, Wetland Equipment, EIK Engineering, Ultratrex, Hitachi, etc. In 2021, the global top five players had a share approximately 25.0% in terms of revenue.
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