The proliferation of the construction landscape and the continual infrastructure expansion worldwide are propelling the demand growth of earthmoving vehicles. The growing number of construction projects are boosting the adoption of these vehicles on a large scale. One of the most widely used earthmoving vehicles is the crawler excavator. Against the backdrop of the increasing utilization of crawler excavators across construction sites, the product demand continues to rise. Furthermore, growing complexities of infrastructure projects and the increasing demand for high-performance and efficient crawler excavator solutions is compelling manufacturers to introduce advanced crawler excavators equipped with state-of-the-art technologies. These aspects are likely to boost the overall crawler excavator market growth.
Prominent Players Debut New Crawler Excavators
While a large number of companies serve the crawler excavator market, NPD strategy remains a significant key for attaining differentiation. New crawler excavator addressing the need for efficiency, performance, and reduced maintenance are being introduced in the market.
- Pennsylvania-based Volvo Construction Equipment recently unveiled its EC200E crawler excavator at bauma. The new class size addition to the crawler excavator product line is primarily designed to address the demand of consumers who require medium- and light-duty digging excavator. According to the company, the machine’s price point and size make it an ideal choice for smaller fleet owners aiming to take up larger projects and rental yards, both, particularly in the building sector.
- Hyundai Construction Equipment recently expanded its HX series of crawler excavators with the addition of a heavy-duty variant— HX900 L. The new product having an operating weight of 88,800 kg, is the second largest machine in Hyundai’s portfolio and is engineered to meet the demands of the construction and quarry industries in Europe. Equipped with a high rigidity boom and arm, the new crawler excavator offers operators with enhanced stability while working with heavy loads.
- Similar to Volvo and Hyundai Construction Equipment, Pon Equipment AS is also working on the development of next-gen crawler excavators for its utilization in Norway. Incorporating the electrification technology offered by Danfoss Editron, the company was involved in the development of fully battery-operated crawler excavator, which is not just quieter than the previous diesel model, but also a zero-emission According to Danfoss, the transformation of diesel-powered crawler excavator into fully electric ones is a significant milestone in staying compliant with the Norwegian government’s new policy on zero-emission construction sites.
- C. Bamford Excavators Limited, recognized as JCB, like the rest, recently prepared for the public launch of its recently engineered X-series crawler excavator in size 13 and 16 tons. Equipped with a wider and quieter operator cab along with wider high-flow pipework that boosts efficiency, the crawler excavators are designed to deliver on the crucial requirements of consumers.
- Compact crawler excavators are gaining major traction owing to their lightweight nature and ability to perform critically, even in space-restraining environments. New compact and mini crawler excavators are being introduced to the market as a result of the growing popularity. Doosan Construction Equipment recently improved its range of mini-excavators with the introduction of the new Stage V compliant 2.7 t DX27z and 3.5 t DX35z zero tail swing models. These new offerings provide a state-of-the-art amalgamation of smooth control, superior stability, and easy transportation enabled with low weight, along with high digging forces.
A detailed assessment of more such innovations, key developments, and future prospects regarding the crawler excavator market are compiled in a thorough market study. Readers can gain access to the exclusive market insights by downloading a sample of the study.