The Excavation And Demolition Global Market Report 2023, provides comprehensive information on the excavation and demolition market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.



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The global excavation and demolition market size is expected to grow from $463.01 billion in 2022 to $480.41 billion in 2023 at a compound annual growth rate (CAGR) of 3.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global excavation and demolition market size is expected to reach $539.62 billion in 2027 at a CAGR of 2.9%.

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Technological advancements are a key trend gaining popularity in the excavation and demolition market. Major companies in the market are introducing new technologies to sustain their position in the market. For instance, in August 2022, Rod Radar, an Israel-based developer of technologies related to construction, launched Live Dig Radar technology. This is the first ever ground penetrating radar (GPR) integrated with an excavator digging bucket. By detecting any form of underground utility during earthwork at any depth in real time, Live Dig Radar technology overcomes the limitations of current technologies. Any excavator with a standard attachment mechanism can accommodate the bucket. The LDR Excavate reliably detects targets close to the bucket while trenching and on the surface. It does this by creating a new scan with each pass in various soils and substrate types, warning the operator of potential dangers without the need for specialized analysis.


The excavation and demolition market is segmented:
1) By Type: Building Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development

2) By Equipment Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipment

3) By End-User: Housing, Healthcare, Industrial, Infrastructure, Commercial, Educational
Asia-Pacific was the largest region in the excavation and demolition market in 2022.

The table of contents in TBRC’s excavation and demolition market report includes:
1. Executive Summary
2. Excavation And Demolition Market Characteristics
3. Excavation And Demolition Market Trends And Strategies
4. Excavation And Demolition Market - Macro Economic Scenario
5. Excavation And Demolition Market Size And Growth

...............
26. Africa Excavation And Demolition Market
27. Excavation And Demolition Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Excavation And Demolition Market
29. Excavation And Demolition Market Future Outlook and Potential Analysis
30. Appendix
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