1. Market Research
  2. > Construction
  3. > Construction Equipment Market Trends
Thailand Crawler Excavator Market - Strategic Assessment & Forecast 2021-2027

Thailand Crawler Excavator Market - Strategic Assessment & Forecast 2021-2027

  • June 2021
  • 72 pages
  • ID: 6096858
  • Format: PDF
  • Arizton
Up to $450 off Until Jul 31st 2021


Table of Contents

Search Inside

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Thailand Crawler Excavator Market Report

Thailand crawler excavator market is growing at a CAGR of 5.98% during the period 2021-2027

The demand in the Thailand crawler excavators market fell by 18% in 2020, but unit sales are projected to recover to pre-covid levels by 2023, assuming geopolitical stability. Public investment is projected to remain a key driver in the Thailand market, increasing over the next few years, in line with the government’s infrastructure plans to attract private investment.

The report considers the present scenario of the Thailand crawler excavator market in Indonesia and its market dynamics for the forecast period 2021?2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with segment analysis of the Indonesia crawler excavator market.

• Manufacturers are making operational advances in their excavator motors, hydraulic systems, structure, tracks, and cab construction to improve their telematics fuel efficiency and competitiveness.
• Thailand is the preferred investment location due to its excellent digital infrastructure, highly skilled labour force, and high quality of living, boosting the growth of the crawler excavator market.
• The crawler excavator market moves towards an innovative industry by switching to intelligent systems driven by IoT and data analysis for service, networking, and sustainability.

• Increasing investment in road construction, housing projects, and Smart Cities projects is expected to spike medium excavators’ demand.
• Excavators used in the construction industry accounted for the largest share of around 42% due to huge government expenditure on the construction project.
• Thailand’s crawler excavator market demand is majorly driven by mining activities expected to show significant growth across the country.
• Caterpillar strategizes to deliver high-quality power systems and machines by focusing on implementing defect-free initiatives in the country.
• Due to the high procurement and maintenance cost of excavators, rentals are preferred by the contractors; thus, the rental segment will rise eventually.

Caterpillar, Komatsu, Hitachi Construction Machinery, JCB, Hyundai Construction Equipment (HCE), SANY, Doosan Excavator, Volvo Construction Equipment, and Kobelco are the major vendor in the Thailand crawler excavator market. Komatsu is strategizing to set up manufacturing units in those countries where its products are sold. The company can establish a global network of production and sales in the market. Due to intense competition in technology and design, excavator makers are marketing their devices vigorously, focused on technologically innovative features and a wide variety of attachments.

Major Vendors
• Caterpillar
• Komatsu
• Hitachi Construction Machinery
• Hyundai Construction Equipment (HCE)
• Doosan Excavator
• Volvo Construction Equipment
• and Kobelco

Other Prominent Vendors
• Sumitomo Construction Machinery
• Xuzhou Construction Machinery Group Co., Ltd. (XCMG
• Leeboy
• Kubota Machinery
• Ingersoll Rand
• Liebherr Group

• OEMs are majorly focusing on medium crawler excavators as this range is witnessing major demand in the recent past, and it is further expected to boost during the forecast period.
• Thailand crawler excavator market revenue by agriculture is expected to reach USD 76.3 million by 2027, growing at a CAGR of 6.43%.
• With the emergence of remote operation of excavators deep down in mines and the advent of 5G technology, the demand for excavators used in mining is expected to boost as it is comparatively safer to operate excavators from a distance.
• Thailand’s mini crawler excavator market is expected to reach 2,990 units by 2027, growing at a CAGR of 6.47%.

Segmentation by Excavator Type and Operating Weight
• Mini (
• Small (6-25 tons)
• Medium (25-40 tons)
• Large (>40 tons)

Segmentation by Application
• Mining
• Construction
• Agriculture
• Forestry
• Others

Segmentation by Gross Power Output
• 61-101 HP
• 102-200 HP
• >201 HP

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of
o Volume (Unit sales)
• Type
• Excavator Type and Operating Weight
• Application
• Gross Power Output
o Value (USD)
• Type
• Excavator Type and Operating Weight
• Application
• Gross Power Output
• Gain competitive intelligence about the economic scenario, advantages in Thailand, major projects and investments, market dynamics, and market share
• Examples of latest technologies
• Get presentation-ready format and easy-to-interpret data.
• Enable decision-makers to make informed and profitable choices
• Gain expert quantitative and qualitative analysis on value/volume growth projections of the Thailand crawler excavator market share
• Complete supply chain analysis
• Get COVID-19 impact analysis of the market
• Company Profile of 15 major vendors

1. What is the unit volume of the Thailand crawler excavator market in 2026?
2. Who are the top players in the Thailand crawler excavator market?
3. Which segment accounted for the largest crawler excavator market share?
4. What is the growth of Thailand’s mini excavator market?
5. What are the favorable government regulations enabling crawler excavator market growth in Thailand?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off


  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Japan Crawler Excavator Market - Strategic Assessment & Forecast 2021-2027

  • $ 2200
  • July 2021
  • 70 pages

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Japan Crawler Excavator Market Report Japan crawler excavator market size is expected to grow at a CAGR of 3.08% ...

  • Japan
  • Construction
  • Earth Moving Equipment
  • Industry analysis
  • Greenhouse Gas Emissions
  • Net Migration Rate

Global Excavator Market 2015-2019 $ 2500 October 2015


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on