Excavator Bucket Market Report 2025 (Global Edition)

Global Excavator Bucket Market Report 2025 Market Size Split by Type (Digging Bucket, Rock Bucket, V Bucket, Others), by Application (Construction Excavator, Mining Excavator, Others), by Weightage Ty...

Excavator Bucket Market Report Description

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Excavator Bucket Market Insights Video

Competitive Landscape of the Excavator Bucket Market

In the excavator bucket market's competitive landscape, numerous key competitors are driving innovation and growth. Vendors are actively pursuing strategies to enhance their offerings and competitiveness. Vendors are focusing on product innovation by developing specialized buckets tailored for specific applications, such as trenching and grading, often using advanced materials for increased durability. Additionally, sustainability practices are becoming important, with many vendors adopting eco-friendly materials and processes. Enhanced after-sales support, including maintenance and repair services, is emphasized by vendors to foster long-term relationships.

In January 2022, Hyundai Construction Equipment announced an investment of KRW 200 billion in its Ulsan factory to strengthen its competitiveness in global construction equipment. The investment aims to maximize their efficiency and expand the factory’s production capacity of excavators, wheel loaders, and other types of construction equipment. (Source: https://in.hd-hyundaice.com/media/news/hyundai-construction-equipment-plans-to-invest-200-billion-won-in-the-ulsan-factory-to-expand-production-capacity-by-50) In September 2024, Epiroc AB completed the acquisition of ACB+, a manufacturer of attachments used by the construction industry, enhancing its product offerings and market presence in Europe. With the acquisition, the company expanded its product portfolio of attachments and quick couplers used on excavators for construction and related areas such as scrap recycling and deconstruction. (Source: https://www.epirocgroup.com/en/media/corporate-press-releases/2024/20240904-epiroc-completes-acquisition-of-french-manufacturer-of-excavator-attachments) In April 2024, Volvo Construction Equipment announced plans to launch an EC230 Electric excavator in Japan. With a product launch, the company aims to provide operating weight between 23,000 and 26,100 kg and a bucket capacity of 0.48-1.44 m³. (Source: https://www.volvoce.com/asia/en-as/about-us/news/2024/volvo-ce-will-launch-the-largest-electric-excavator-in-japan/)

Top Companies Market Share in Excavator Bucket Industry: (In no particular order of Rank)

• Caterpillar Inc.
• Komatsu Ltd.
• Deere & Company
• Volvo Group
• Doosan Group
• Hitachi Ltd.
• KINSHOFER Group
• Atlas Copco AB
• Empire Bucket
• Inc.
• Werk-Brau Co.
• Inc.
• ACS Industries
• Inc.
• Rockland Manufacturing
• Guangxi Yuchai Heavy Industry Co.
• Ltd.
• Jining Wolong Construction Machinery Co.
• Ltd.
• Shandong Hengwang Group Co.
• Ltd.
• FELCO INDUSTRIES
• Kenco Corporation
• VTN Europe S.p.A.
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Excavator BucketMarket

Which Region Dominates the Excavator Bucket Market in 2024?

According to Cognitive Market Research, North America currently dominates the excavator bucket market, and the region is expected to have significant growth during the projected period. This is due to the region's growing mining and public construction activities and the development of novel product portfolios by American vendors.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The ongoing urbanization and significant residential construction activities are driving the market in the Asia-Pacific.

The current report Scope analyzes Excavator Bucket Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Excavator Bucket Market Analysis

According to Cognitive Market Research, the global Excavator Bucket market size was estimated at USD 615.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 246.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Excavator Bucket market with a market size of USD 194.16 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Public infrastructures and investments in mining activities drive the U.S. market.
• The Canada Excavator Bucket market had a market share of USD 29.53 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada’s rising awareness toward sustainable construction equipment with heavy-duty capabilities is expected to derive the market in the country.
• The Mexico Excavator Bucket market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 22.39 million in 2024.

Europe Excavator Bucket Market Analysis

According to Cognitive Market Research, the global Excavator Bucket market size was estimated at USD 615.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 184.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom Excavator Bucket market had a market share of USD 31.01 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, Excavator Bucket sales witness an upswing due to the increasing mining and construction activities.
• The France Excavator Bucket market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 16.98 million in 2024.
• According to Cognitive Market Research, the German Excavator Bucket market size was valued at USD 36.54 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, Excavator Bucket usage has surged due to the rapid development of new products specifically to meet niche consumer demands.
• The Italy Excavator Bucket market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 15.87 million in 2024.
• The Russia Excavator Bucket market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 28.61 million in 2024.
• The Spain Excavator Bucket market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 15.13 million in 2024
• The Luxembourg Excavator Bucket market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 5.72 million in 2024.
• The Portugal Excavator Bucket market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 3.88 million in 2024.
• The Greece Excavator Bucket market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 2.21 million in 2024.
• The Rest of Europe's Excavator Bucket market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 28.61 million in 2024.

Asia Pacific Excavator Bucket Market Analysis

According to Cognitive Market Research, the global Excavator Bucket market size was estimated at USD 615.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 141.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Excavator Bucket market size was valued at USD 63.67 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. The market for excavator buckets surged in China due to the presence of major manufacturers focusing on new product developments to meet their construction goals.
• The Japan Excavator Bucket market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 19.53 million in 2024.
• The India Excavator Bucket market had a market size of USD 16.98 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's growing urbanization and government investments in public infrastructure drive the demand for excavator buckets in the country .
• The South Korean Excavator Bucket market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 14.15 million in 2024.
• The Australian Excavator Bucket market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 7.36 million in 2024.
• The South East Asia Excavator Bucket market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 9.76 million in 2024.
• The Rest of Asia Pacific Excavator Bucket market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 10.05 million in 2024.

South America Excavator Bucket Market Analysis

According to Cognitive Market Research, the global Excavator Bucket market size was estimated at USD 615.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 30.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Excavator Bucket market size was valued at USD 13.17 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The demand for excavator buckets flourished in Brazil due to growing urbanization and investments in mining activities.
• Argentina's Excavator Bucket market had a market size of USD 5.17 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. The demand for excavator buckets is increasing in Argentina to meet their goals for sustainable construction activities.
• Colombia Excavator Bucket market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 2.74 million in 2024.
• Peru Excavator Bucket market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 2.52 million in 2024.
• Chile Excavator Bucket market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 2.21 million in 2024.
• The Rest of Latin America's Excavator Bucket market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 4.95 million in 2024.

Middle East Excavator Bucket Market Analysis

According to Cognitive Market Research, the global Excavator Bucket market size was estimated at USD 615.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 12.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries Excavator Bucket market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 5.27 million in 2024. Excavator Bucket sales flourish due to the increasing investments in mining activities using heavy-duty construction vehicles.
• The Egypt Excavator Bucket market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 1.29 million in 2024.
• The South Africa Excavator Bucket market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 1.94 million in 2024. Excavator Bucket sales flourished in South Africa due to increasing urbanization and government focus on developing public infrastructures.
• The Turkey Excavator Bucket market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1.06 million in 2024.
• The Nigeria Excavator Bucket market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 1.29 million in 2024.
• The Rest of the MEA Excavator Bucket market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 1.45 million in 2024.

Excavator Bucket Market Analysis

How are Segments Performing in the Global Excavator Bucket Market?

Excavator Bucket Market Type Segment Analysis

According to Cognitive Market Research, digging buckets are likely to dominate the Excavator Bucket Market over the forecast period. The versatility and wide scope of application allow digging buckets to handle various materials, from soil to gravel, making it a preferable choice for contractors. The design of digging buckets, often with different sizes and shapes, enables adaptability to different job requirements, contributing to their widespread use.

The V-bucket is the fastest-growing segment in the Excavator Bucket Market. The V bucket is gaining popularity due to its unique design that facilitates efficient digging in trenching and slope grading applications. The ability of V-buckets to create a precise trench profile while minimizing material disturbance makes it appealing for specialized projects.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Excavator Bucket Industry. Request a Free Sample PDF!

Excavator Bucket Market Application Segment Analysis

According to Cognitive Market Research, the construction excavator segment holds the largest share of the market. The significant growth of construction activities and the critical role of excavator buckets in a variety of projects, including residential, commercial, and infrastructure development, makes it a dominant segment. These excavators are designed for versatility, handling tasks such as digging, grading, and demolition, making them essential for contractors and builders.

In the Excavator Bucket Market, the mining excavator has been expanding at a rapid pace. The mining excavator application is experiencing significant growth due to rising demand for minerals and resources. As mining operations expand and become more automated, there’s an increasing need for specialized equipment that can handle heavy materials and operate efficiently in challenging environments. This growth is further supported by advancements in technology, such as electric and hybrid excavators, which are becoming more prevalent in the mining sector.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Excavator Bucket Weightage Type Segment Analysis

Excavator Bucket Market Weightage Type Segment Analysis

According to Cognitive Market Research, The 31-40 tons segment holds the largest market share. This weight category is known for handling more demanding tasks, such as heavy civil engineering projects. The 31-40 tons segment serves a crucial role in construction and infrastructure development.

In the excavator bucket market, the rapidly growing sector is the 61-80 Tons category. The 61-80-ton excavator category is growing rapidly due to increased investments in infrastructure and mining projects, which require robust machines capable of handling heavy materials. Additionally, advancements in technology and a focus on fuel efficiency make these excavators more appealing for modern construction and resource extraction needs.

• 11-20 Tons
• 21-30 Tons
• 31-40 Tons
• 41-60 Tons
• 61-80 Tons
• >80 Tons

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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