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    US Wheeled Excavator Market

    ID: MRFR/CO/19044-HCR
    100 Pages
    Snehal Singh
    September 2025

    US Wheeled Excavator Market Research Report By Application (Construction, Mining, Agriculture, Demolition), By Engine Type (Internal Combustion Engine, Electric, Hybrid), By Operating Weight (Light, Medium, Heavy) and By Distribution Channel (Direct Sales, Distributor, Online Sales) - Forecast to 2035

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    US Wheeled Excavator Market Research Report - Forecast by 2035 Infographic
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    Table of Contents

    US Wheeled Excavator Market Summary

    The US Wheeled Excavator market is projected to grow from 612 million USD in 2024 to 938 million USD by 2035, indicating a steady expansion.

    Key Market Trends & Highlights

    US Wheeled Excavator Key Trends and Highlights

    • The market valuation is expected to reach 938 million USD by 2035, reflecting a robust growth trajectory.
    • From 2025 to 2035, the market is anticipated to exhibit a compound annual growth rate of 3.96 percent.
    • The initial market size in 2024 stands at 612 million USD, showcasing a solid foundation for future growth.
    • Growing adoption of advanced excavation technologies due to increased infrastructure development is a major market driver.

    Market Size & Forecast

    2024 Market Size 612 (USD Million)
    2035 Market Size 938 (USD Million)
    CAGR (2025-2035) 3.96%

    Major Players

    Caterpillar, Volvo Construction Equipment, John Deere, Wacker Neuson, CASE Construction Equipment, Bobcat Company, XCMG, Hitachi Construction Machinery, Doosan Infracore, Komatsu, Terex Corporation, LiuGong, JCB, Mecalac, New Holland Construction

    US Wheeled Excavator Market Trends

    The US Wheeled Excavator Market is currently witnessing trends that indicate a shift towards technology-driven equipment. The integration of advanced telematics systems allows for better operational efficiency and machine monitoring, which is increasingly important for contractors aiming to optimize productivity. Furthermore, the demand for versatile and multi-functional machinery is growing. Contractors value wheeled excavators that can perform a variety of tasks, reducing the need for multiple specialized machines, which helps in minimizing costs and maximizing space on job sites.

    US Wheeled Excavator Market Drivers

    Market Segment Insights

    Wheeled Excavator Market Application Insights

    The Application segment of the US Wheeled Excavator Market encompasses a diverse array of functionalities, reflecting the equipment's vital role across various industrial sectors. In the context of construction, wheeled excavators serve as essential machinery for site preparation, trenching, and material handling, contributing significantly to project efficiency and turnaround time. The mining sector leverages wheeled excavators for tasks such as excavation and material transportation, which are critical in optimizing the extraction process while ensuring safety standards.

    The agriculture segment increasingly utilizes wheeled excavators in land preparation, irrigation systems installation, and maintenance of agricultural fields, thereby playing a key role in modern farming practices that require high efficiency and productivity.Additionally, the demolition industry finds wheeled excavators indispensable for safely dismantling structures, as they offer precision and control during the tearing down process. This aspect of the market is driven by the ongoing urban renewal initiatives across cities in the US, where older structures are being replaced or renovated.

    The flow of activity in these applications demonstrates a growing trend towards automation and advancements in excavator technology, which allow operators to perform complex tasks with higher turnover rates and reduced human labor.Market growth is further supported by the increasing emphasis on infrastructure development and government investments in construction-related projects across the United States. The balance between robust demand and operational innovation suggests that the Application segment will continue to evolve, providing opportunities for stakeholders within these industries, while addressing challenges such as equipment maintenance and skilled labor shortages.

    Each application area, therefore, not only contributes to the overall operational efficiency of projects but also showcases the importance of wheeled excavators in enhancing productivity while addressing the specific needs of each sector. As the sector matures, further technological integration and the emergence of eco-friendly models will likely influence the market dynamics, propelling demand across all outlined applications.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Wheeled Excavator Market Engine Type Insights

    The Engine Type segment of the US Wheeled Excavator Market showcases a diverse landscape, with Internal Combustion Engines, Electric, and Hybrid options becoming more prominent. Historically, Internal Combustion Engines have dominated due to their long-standing reliability and performance in tough conditions, making them a preferred choice in various industries.

    However, the shift towards environmentally friendly solutions has led to a growing interest in Electric engines, driven by advancements in battery technology and increasing regulatory pressures for reduced emissions.Additionally, Hybrid engines offer a practical compromise, combining the efficiency of Internal Combustion with the benefits of Electric systems, thus catering to evolving customer preferences for sustainability without sacrificing power. This transition is critical as US construction and demolition sectors adapt to stringent environmental regulations and seek more fuel-efficient solutions.

    The combination of traditional and innovative engine types is expected to play a pivotal role in shaping market dynamics, influencing operational efficiencies, and aligning with government initiatives promoting clean energy usage.Consequently, the segmentation around Engine Type is essential for capturing the unique demands and trends in the US Wheeled Excavator Market, reflecting broader industrial shifts towards sustainability.

    Wheeled Excavator Market Operating Weight Insights

    The US Wheeled Excavator Market is notably segmented by Operating Weight, which plays a fundamental role in determining the machine's application and efficiency across various construction and industrial tasks. Excavators categorized as Light are particularly advantageous for urban settings where maneuverability and reduced ground pressure are vital. Meanwhile, the Medium category balances power and versatility, making them ideal for typical construction applications, such as roadwork and landscaping.

    The Heavy segment, with its greater lifting capabilities, dominates in large-scale projects like mining and heavy excavation where substantial power is critical.This segmentation not only aids in the selection of the right equipment for specific tasks but also reflects the diverse operational needs across the US market. As of recent trends, the demand for more efficient and eco-friendly models has prompted innovations in all categories, further influencing market dynamics. Challenges such as regulatory compliance and the need for skilled operators persist, creating opportunities for training and development within the industry.

    Overall, the Operating Weight classification is essential for stakeholders making informed decisions, directly impacting the US Wheeled Excavator Market data and growth trajectories.

    Wheeled Excavator Market Distribution Channel Insights

    The Distribution Channel segment of the US Wheeled Excavator Market holds critical importance in how these machines reach end users, impacting overall market growth and accessibility. Direct sales typically enable manufacturers to connect with customers efficiently, providing a personalized experience and fostering strong relationships. Distributors play a vital role in expanding market reach, as they often have established networks that allow for quicker supply and service solutions.

    Meanwhile, online sales are witnessing significant growth due to the increasing digitization of purchasing processes, offering convenience and a broader selection for buyers.This shift towards e-commerce in the distribution landscape caters to the evolving preferences of customers who seek ease of access and streamlined transactions. Factors such as technological advancements, a rise in infrastructure projects, and the demand for enhanced operational efficiency are driving the upswing in this market segment.

    As the US continues to invest in its infrastructure and construction sectors, the Distribution Channel segment becomes ever more significant in facilitating this growth and ensuring that wheeled excavators are readily available to satisfy market demands.

    Get more detailed insights about US Wheeled Excavator Market Research Report - Forecast by 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Wheeled Excavator Market is characterized by a dynamic competitive landscape where several key players strive to enhance their market presence through innovative products, superior technologies, and strategic partnerships. The growth of this market is fueled by increased construction activities, infrastructure development, and the adoption of advanced machinery for efficient operation. Competitive insights reveal a focus on sustainability, technological advancements, and consumer demand for versatile and powerful equipment. Companies in this sector are continually working to improve their offerings, focusing not only on product quality but also on after-sales services to bolster customer loyalty and satisfaction.

    As the market evolves, understanding the competitive strategies employed by leading manufacturers becomes crucial for stakeholders looking to navigate this industry effectively.Caterpillar has established itself as a formidable presence in the US Wheeled Excavator Market, showcasing a commitment to innovation and quality. With a wide range of wheeled excavators that cater to various customer needs, Caterpillar maintains a competitive edge through its reputation for reliability and durability. Its products are equipped with advanced technology features aimed at enhancing operational efficiencies and reducing environmental impacts.

    Additionally, Caterpillar's extensive dealer network and service support ensure that customers can access necessary parts and expertise for maintenance. This vast operational footprint in the US reinforces Caterpillar's market leadership, offering customers unrivaled access to the latest equipment and industry innovations, enabling contractors to complete projects effectively and on time.Volvo Construction Equipment is another significant player in the US Wheeled Excavator Market, focusing on providing high-quality and efficient machinery that meets the evolving needs of the construction sector.

    The company’s range of wheeled excavators stands out for their advanced engineering, fuel efficiency, and ergonomic designs that enhance operator comfort and productivity. Volvo's commitment to sustainability is evident in its product offerings, which are designed to minimize emissions and reduce environmental footprints. The company’s strategic mergers and acquisitions have further strengthened its portfolio and market stance, allowing it to expand its technological capabilities and enhance service offerings.

    With a robust market presence and a focus on innovation, Volvo Construction Equipment continues to evolve its product lineup in line with US market demands, positioning itself as a preferred choice for contractors seeking cutting-edge solutions in wheeled excavation.

    Key Companies in the US Wheeled Excavator Market market include

    Industry Developments

    The US Wheeled Excavator Market has recently seen significant developments, particularly with major players like Caterpillar and Volvo Construction Equipment expanding their product lines. John Deere announced advancements in their wheeled excavator technology, aimed at enhancing fuel efficiency and performance, which has positioned them competitively in the current market environment. In September 2023, it was noted that Wacker Neuson is focusing on increasing sales by introducing innovative models equipped with advanced technology and sustainability features. Additionally, in October 2023, CASE Construction Equipment made an announcement regarding their new electric wheeled excavator model, further emphasizing the industry's shift toward eco-friendly machinery.

    A notable merger occurred in August 2023 when Hitachi Construction Machinery and Doosan Infracore entered into a strategic partnership to share resources for developing new construction equipment, which is anticipated to enhance their operational efficiencies. The market valuation of companies in the US site sees steady growth as firms innovate and prioritize sustainability, ultimately impacting the competitive landscape and driving new technologies forward. Over the past couple of years, there has been a noticeable increase in demand following infrastructure investments initiated by the US government, enhancing growth prospects for the wheeled excavator sector.

    Market Segmentation

    Outlook

    • Direct Sales
    • Distributor
    • Online Sales

    Wheeled Excavator Market Application Outlook

    • Construction
    • Mining
    • Agriculture
    • Demolition

    Wheeled Excavator Market Engine Type Outlook

    • Internal Combustion Engine
    • Electric
    • Hybrid

    Wheeled Excavator Market Operating Weight Outlook

    • Light
    • Medium
    • Heavy

    Wheeled Excavator Market Distribution Channel Outlook

    • Direct Sales
    • Distributor
    • Online Sales

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 588.96(USD Million)
    MARKET SIZE 2024 612.0(USD Million)
    MARKET SIZE 2035 938.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.958% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Caterpillar, Volvo Construction Equipment, John Deere, Wacker Neuson, CASE Construction Equipment, Bobcat Company, XCMG, Hitachi Construction Machinery, Doosan Infracore, Komatsu, Terex Corporation, LiuGong, JCB, Mecalac, New Holland Construction
    SEGMENTS COVERED Application, Engine Type, Operating Weight, Distribution Channel
    KEY MARKET OPPORTUNITIES Increased urban infrastructure development, Growing demand for versatile machines, Expansion of rental market services, Adoption of eco-friendly technologies, Rising need for efficient excavation solutions
    KEY MARKET DYNAMICS Increasing urbanization, Infrastructure development projects, Technological advancements, Demand for versatile machinery, Environmental regulations compliance
    COUNTRIES COVERED US

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    What is the expected market value of the US Wheeled Excavator Market in 2024?

    The US Wheeled Excavator Market is expected to be valued at 612.0 USD Million in 2024.

    How much is the US Wheeled Excavator Market projected to grow by 2035?

    By 2035, the US Wheeled Excavator Market is projected to reach a value of 938.0 USD Million.

    What is the expected CAGR for the US Wheeled Excavator Market from 2025 to 2035?

    The expected CAGR for the US Wheeled Excavator Market from 2025 to 2035 is 3.958 %.

    Which application leads the US Wheeled Excavator Market by value in 2024?

    In 2024, the construction application leads the US Wheeled Excavator Market with a value of 245.0 USD Million.

    What will be the market size of the mining application in the US Wheeled Excavator Market by 2035?

    The mining application is projected to reach a market size of 182.0 USD Million by 2035.

    What is the value of the agriculture segment in the US Wheeled Excavator Market in 2024?

    The agriculture segment is valued at 100.0 USD Million in 2024 within the US Wheeled Excavator Market.

    Who are the major competitors in the US Wheeled Excavator Market?

    Major competitors in the US Wheeled Excavator Market include Caterpillar, Volvo Construction Equipment, and John Deere.

    What is the expected market size for the demolition application by 2035?

    The demolition application is expected to grow to a market size of 228.0 USD Million by 2035.

    How does the value of the construction segment in 2035 compare to its value in 2024?

    The construction segment is expected to increase from 245.0 USD Million in 2024 to 373.0 USD Million in 2035.

    What trends are likely to influence the US Wheeled Excavator Market in the coming years?

    Key trends influencing the market include advancements in technology and increasing demand in construction and mining applications.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Wheeled Excavator Market, BY Application (USD Million)
    45. Construction
    46. Mining
    47. Agriculture
    48. Demolition
    49. US Wheeled Excavator Market, BY Engine Type (USD Million)
    50. Internal Combustion Engine
    51. Electric
    52. Hybrid
    53. US Wheeled Excavator Market, BY Operating Weight (USD Million)
    54. Light
    55. Medium
    56. Heavy
    57. US Wheeled Excavator Market, BY Distribution Channel (USD Million)
    58. Direct Sales
    59. Distributor
    60. Online Sales
    61. Competitive Landscape
    62. Overview
    63. Competitive Analysis
    64. Market share Analysis
    65. Major Growth Strategy in the Wheeled Excavator Market
    66. Competitive Benchmarking
    67. Leading Players in Terms of Number of Developments in the Wheeled Excavator Market
    68. Key developments and growth strategies
    69. New Product Launch/Service Deployment
    70. Merger & Acquisitions
    71. Joint Ventures
    72. Major Players Financial Matrix
    73. Sales and Operating Income
    74. Major Players R&D Expenditure. 2023
    75. Company Profiles
    76. Caterpillar
    77. Financial Overview
    78. Products Offered
    79. Key Developments
    80. SWOT Analysis
    81. Key Strategies
    82. Volvo Construction Equipment
    83. Financial Overview
    84. Products Offered
    85. Key Developments
    86. SWOT Analysis
    87. Key Strategies
    88. John Deere
    89. Financial Overview
    90. Products Offered
    91. Key Developments
    92. SWOT Analysis
    93. Key Strategies
    94. Wacker Neuson
    95. Financial Overview
    96. Products Offered
    97. Key Developments
    98. SWOT Analysis
    99. Key Strategies
    100. CASE Construction Equipment
    101. Financial Overview
    102. Products Offered
    103. Key Developments
    104. SWOT Analysis
    105. Key Strategies
    106. Bobcat Company
    107. Financial Overview
    108. Products Offered
    109. Key Developments
    110. SWOT Analysis
    111. Key Strategies
    112. XCMG
    113. Financial Overview
    114. Products Offered
    115. Key Developments
    116. SWOT Analysis
    117. Key Strategies
    118. Hitachi Construction Machinery
    119. Financial Overview
    120. Products Offered
    121. Key Developments
    122. SWOT Analysis
    123. Key Strategies
    124. Doosan Infracore
    125. Financial Overview
    126. Products Offered
    127. Key Developments
    128. SWOT Analysis
    129. Key Strategies
    130. Komatsu
    131. Financial Overview
    132. Products Offered
    133. Key Developments
    134. SWOT Analysis
    135. Key Strategies
    136. Terex Corporation
    137. Financial Overview
    138. Products Offered
    139. Key Developments
    140. SWOT Analysis
    141. Key Strategies
    142. LiuGong
    143. Financial Overview
    144. Products Offered
    145. Key Developments
    146. SWOT Analysis
    147. Key Strategies
    148. JCB
    149. Financial Overview
    150. Products Offered
    151. Key Developments
    152. SWOT Analysis
    153. Key Strategies
    154. Mecalac
    155. Financial Overview
    156. Products Offered
    157. Key Developments
    158. SWOT Analysis
    159. Key Strategies
    160. New Holland Construction
    161. Financial Overview
    162. Products Offered
    163. Key Developments
    164. SWOT Analysis
    165. Key Strategies
    166. References
    167. Related Reports
    168. US Wheeled Excavator Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    169. US Wheeled Excavator Market SIZE ESTIMATES & FORECAST, BY ENGINE TYPE, 2019-2035 (USD Billions)
    170. US Wheeled Excavator Market SIZE ESTIMATES & FORECAST, BY OPERATING WEIGHT, 2019-2035 (USD Billions)
    171. US Wheeled Excavator Market SIZE ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2019-2035 (USD Billions)
    172. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    173. ACQUISITION/PARTNERSHIP
    174. MARKET SYNOPSIS
    175. US WHEELED EXCAVATOR MARKET ANALYSIS BY APPLICATION
    176. US WHEELED EXCAVATOR MARKET ANALYSIS BY ENGINE TYPE
    177. US WHEELED EXCAVATOR MARKET ANALYSIS BY OPERATING WEIGHT
    178. US WHEELED EXCAVATOR MARKET ANALYSIS BY DISTRIBUTION CHANNEL
    179. KEY BUYING CRITERIA OF WHEELED EXCAVATOR MARKET
    180. RESEARCH PROCESS OF MRFR
    181. DRO ANALYSIS OF WHEELED EXCAVATOR MARKET
    182. DRIVERS IMPACT ANALYSIS: WHEELED EXCAVATOR MARKET
    183. RESTRAINTS IMPACT ANALYSIS: WHEELED EXCAVATOR MARKET
    184. SUPPLY / VALUE CHAIN: WHEELED EXCAVATOR MARKET
    185. WHEELED EXCAVATOR MARKET, BY APPLICATION, 2025 (% SHARE)
    186. WHEELED EXCAVATOR MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    187. WHEELED EXCAVATOR MARKET, BY ENGINE TYPE, 2025 (% SHARE)
    188. WHEELED EXCAVATOR MARKET, BY ENGINE TYPE, 2019 TO 2035 (USD Billions)
    189. WHEELED EXCAVATOR MARKET, BY OPERATING WEIGHT, 2025 (% SHARE)
    190. WHEELED EXCAVATOR MARKET, BY OPERATING WEIGHT, 2019 TO 2035 (USD Billions)
    191. WHEELED EXCAVATOR MARKET, BY DISTRIBUTION CHANNEL, 2025 (% SHARE)
    192. WHEELED EXCAVATOR MARKET, BY DISTRIBUTION CHANNEL, 2019 TO 2035 (USD Billions)
    193. BENCHMARKING OF MAJOR COMPETITORS

    US Wheeled Excavator Market Segmentation

     

     

     

    • Wheeled Excavator Market By Application (USD Million, 2019-2035)

      • Construction
      • Mining
      • Agriculture
      • Demolition

     

    • Wheeled Excavator Market By Engine Type (USD Million, 2019-2035)

      • Internal Combustion Engine
      • Electric
      • Hybrid

     

    • Wheeled Excavator Market By Operating Weight (USD Million, 2019-2035)

      • Light
      • Medium
      • Heavy

     

    • Wheeled Excavator Market By Distribution Channel (USD Million, 2019-2035)

      • Direct Sales
      • Distributor
      • Online Sales

     

     

     

     

     

     

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