Excavators Sourcing and Procurement Report by Top Spending Regions and Market Price Trends - Forecast and Analysis 2022-2026

Excavators Sourcing and Procurement Report by Top Spending Regions and Market Price Trends - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRCMSTR21685

Get instant access to this report sample and gain complimentary access to our procurement research platform.

Safe and Secure SSL Encrypted

Single User License

1500 USD

[5 Reports/month/user]

3000 USD
  • Basic Plan [3000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [5000 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 300 USD/user

*You can upgrade to Teams plan at Subscription page


Technavio Get the report (PDF) sent to your email within minutes.

Excavators Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis

The excavators procurement category is projected to grow at a CAGR of 5.29% during 2022-2026. The prices are outlined to rise by 4%-6% during the forecast period and suppliers will have moderate bargaining power in this market. Komatsu, Atlas Copco, and Hitachi Construction Machinery are a few of the key suppliers in the excavators market.

Excavators Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth AnalysisExcavators Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis

To unlock the YoY growth values for 2022-2026, Request for a FREE Sample Report!

Who are the Top Suppliers in the Excavators Market?

This report offers detailed insights and analysis of the major cost drivers, volume drivers, and innovations of the excavators procurement and sourcing market, which the global suppliers have been leveraging to gain a competitive edge across regions. Some of the leading excavators suppliers profiled extensively in this report include:

Top Suppliers in the Excavators Market

Furthermore, this excavators procurement market report provides a detailed analysis of procurement strategies deployed by major category end-users across several industries while sourcing for excavators requirements. In addition, the most adopted and high potential pricing models considered by buyers have been analyzed in this report, which will help understand business scopes for revenue expansion. These data will assist buyers to realize cost savings and identify business strategies to improve sales.

What are the Most Suitable Supplier Selection Criteria, Supplier Evaluation Metrics, and SLA that Buyers Should Consider?

The excavators procurement market report provides a detailed analysis of various supplier selection criteria, RFX questions, supplier evaluation metrics, and the service level agreements that the buyers should consider adopting to achieve significant cost savings, streamline the procurement process, and reduce category TCO while sourcing for excavators requirements.

Excavators Market Supplier Selection Criteria, Supplier Evaluation Metrics, and SLA

To get the exact category management parameters and unfold their degree of influence on this excavators procurement market in detail, Get the FREE Sample Report Now!

What are the Most Adopted Procurement Strategies by Buyers Across Industries?

The report provides a detailed insight into the most adopted procurement strategies by buyers across industries and an analysis of these strategies with respect to innovation, regulatory compliance, quality, supply, and cost. Adoption of these procurement strategies will enable the buyers to reduce category TCO and achieve cost savings while sourcing for excavators requirements.

What are the Major Pricing Models Adopted by Buyers in Excavators Market?

The report discusses in detail each pricing model and the pros and cons attached to every pricing model prevalent in the market. Also, the report provides insights with respect to the category supply chain and the margins of various suppliers within the supply chain. These market analysis data will enable the buyers to make informed strategic sourcing decisions. Buy the full excavators procurement market report now to get comprehensive details on pricing models

Price Strategies and Benchmark

Excavators Procurement Pricing Model

Request for a FREE sample to access the latest price forecasts, market drivers, TCO reduction opportunities for excavators market

To optimize the value of the purchase, it is crucial to keep a track of current and future price trends. Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects an incremental spend of $ 14.69 billion due to various market drivers prevalent across multiple regions. Also, the report speaks about various cost-saving factors through an analysis of the below factors:

  • Identify favorable opportunities in excavators TCO (total cost of ownership)
  • Expected changes in price forecast and factors driving the current and future price changes
  • Identify pricing models that offer the most rewarding opportunities

What will the Spend Growth and Demand be by Region?

The excavators market will register an incremental spend of about $ 14.69 billion during the forecast period. However, only a few regions will drive the majority of this growth. Moreover, on the supply side, North America, Europe, and APAC will have the maximum influence owing to the supplier base. The growth is expected to be primarily driven by increasing demand and adoption of the category across those few regions. To get a detailed analysis of the volume drivers that are driving the adoption of the category across regions, buy the full report now!

The drivers and inhibitors that influence these global and regional outlooks are elaborated in detail in this procurement report. Our in-depth growth decomposition analysis covers details on:

  • Factors driving the growth (or lack of it) in individual geographies
  • Regions that hold the most rewarding opportunities for buyers and suppliers
  • Spend growth and regional spend segmentation over the coming years

Excavators Procurement Spend Growth Analysis

Request for a FREE sample for more information on the spend growth for excavators procurement market

What are the Major Category Management Objectives for Excavators Sourcing?

A targeted strategic approach to excavators sourcing will provide several opportunities. However, in the absence of actionable intelligence on excavators, buyers may end up focusing on a tactical sourcing strategy without any focus on cost-saving opportunities. Hence, this report focuses on category management initiatives such as top-line growth, scalability of inputs, and category innovations, which will assist buyers to formulate a strategic procurement strategy

The report explains the following key category management objectives that should form the base for sourcing strategy.

Category Management Objectives for Excavators Sourcing

To explore the extent of influence of category management objectives that can improve the efficiencies of the retailers, Request for a FREE Sample Report!

In addition to helping buyers in identifying the strategic goals and initiatives for category management, the report also has detailed insights into the most outsourced category management activities and category enablers which can simplify the procurement process for buyers.

Scope of Excavators

Report Specs


Page number


Base year


Forecast period


Spend growth (CAGR)


Incremental spend

$ 14.69 billion

Pricing growth outlook


Pricing models

Cost-plus pricing, Leasing, and Unit-based pricing model

Supplier selection scope

Warranties, Standards and certifications, Approvals, and TCO analysis

Supplier opportunities

Negotiate on pricing and contractual terms, Managing labor price volatility, Managing commodity price volatility, Quality management, Adoption of automation, Supplier synergies, Backward integration, Conference participation, and Managing inventory shrinkage

Supplier selection criteria

Business needs, Technical specifications, Operational requirements, Security compliance, Regulatory mandates, Legal requirements, Quality control, Change management procedures, Pricing models, Penalty clauses, SLA nuances, Acceptance criteria, and Evaluation criteria

Category management scope

Top-line growth, Scalability of inputs, Category innovations, Supply base rationalization, Minimalization of ad hoc purchases, Demand forecasting and governance, Adherence to regulatory nuances, Cost savings, Customer retention, and Reduction of TCO

Top suppliers

Komatsu, Atlas Copco, Hitachi Construction Machinery, AB Volvo, CNH Industrial, Caterpillar, XCMG Group, Liebherr-International Deutschland, Yanmar Holdings, and JCB

Market dynamics

Regional category spend in terms of percentage with respect to North America, South America, Europe, Middle East, and Africa and APAC and global category spend and CAGR in terms of percentage over a span of 5 years.

Customization scope

We can create customized sourcing/procurement reports with specific requirements for your business.

Request for a FREE sample now!

Excavators Procurement

Request for a FREE sample now!

Read More Read Less

Executive Summary

    Market Insights

      Category Pricing Insights

        Cost-saving Opportunities

          Best Practices

            Category Ecosystem

              Category Management Strategy

                Category Management Enablers

                  Suppliers Selection

                    Suppliers under Coverage

                      US Market Insights

                        Category scope


                            Research Framework

                            SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                            INFORMATION SOURCES

                            Primary sources

                            • Procurement heads
                            • Category managers
                            • Sourcing consortium professionals
                            • Industry experts and thought leaders
                            • Procurement managers
                            • Category heads of suppliers
                            • Client account heads/managers
                            • Client and industry consultants

                            Secondary sources

                            • Industry journals and reports
                            • Periodicals and new articles
                            • Category webinars
                            • Internal categiry playbooks
                            • Industry and government websites on regulations and compliance
                            • Internal databases
                            • Industry blogs/thought leader briefings

                            DATA ANALYSIS

                            Excavators Sourcing and Procurement Report by Top Spending Regions and Market Price Trends - Forecast and Analysis 2022-2026
                            Interested in this report?
                            Get your FREE access now!
                            The excavators procurement market will grow at a CAGR of about 5.46% during 2020-2024.
                            During 2020-2024, the excavators procurement market will register an incremental spend of about 14.
                            Caterpillar Inc., Komatsu Ltd., Atlas Copco AB, Hitachi Construction Machinery Co. Ltd., AB Volvo, Terex Corp., XCMG Group, Liebherr Group, SANY Heavy Industry Co. Ltd., and CNH INDUSTRIAL N.V. are some of the prominent suppliers in excavators market.
                            Cost-plus pricing, leasing, and unit-based pricing are the widely adopted pricing models in excavators procurement.
                            During the forecast period, the price for excavators procurement will increase by 6%-12%.