Frequently asked questions
The COVID-19 pandemic has caused short-term challenges for the global hybrid excavators market; however, the long-term outlook remains positive, with rising demand for sustainable construction practices and infrastructure developments.
North America accounted for the most heightened share in the global hybrid excavators market.
The growth of the global hybrid excavators market is mainly driven by factors such as the rising need for sustainable construction practices, higher fuel expenses, stricter environmental laws, increased investments in infrastructure, and the requirement for enhanced efficiency and productivity in construction projects.
The 20-30 tons segment had a major share in the global market in 2022.
The road-building segment had a major share in the global market.