Digging is 50% easier with double the blade to ground/gravel/etc contact points. The Hybrid Shovel is the one shovel for every job. The versatile design will satisfy homeowners & professionals alike
This report contains market size and forecasts of Hybrid Shovel in global, including the following market information:
Global Hybrid Shovel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hybrid Shovel Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Hybrid Shovel companies in 2021 (%)
The global Hybrid Shovel market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less than 20MT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Shovel include Caterpillar, Komatsu Mining Corp, Hitachi Construction Machinery, Heavy Engineering Corporation, L&H Industrial, SANY GROUP, Uralmash Machine-Building Corporation and Taiyuan Heavy Industry, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hybrid Shovel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Shovel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Shovel Market Segment Percentages, by Type, 2021 (%)
Less than 20MT
20MT-50MT
50MT-100MT
Over 100MT
Global Hybrid Shovel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Shovel Market Segment Percentages, by Application, 2021 (%)
Mining
Construction
Others
Global Hybrid Shovel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Shovel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Shovel revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hybrid Shovel revenues share in global market, 2021 (%)
Key companies Hybrid Shovel sales in global market, 2017-2022 (Estimated), (Units)
Key companies Hybrid Shovel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Caterpillar
Komatsu Mining Corp
Hitachi Construction Machinery
Heavy Engineering Corporation
L&H Industrial
SANY GROUP
Uralmash Machine-Building Corporation
Taiyuan Heavy Industry