Excavator Bucket Market Set to Reach USD 884.92 Million by 2031, Growing at 4.75% CAGR

Excavator Bucket Market
The global Excavator Bucket Market size reached 610.48 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 884.92 USD Million by 2031, exhibiting a growth rate (CAGR) of 4.75% during 2025-2031

April 2025 – The global Excavator Bucket Market reached a value of USD 610.48 million in 2024. According to MarketsGlob, the market is projected to grow to USD 884.92 million by 2031, expanding at a CAGR of 4.75% during 2025–2031. This growth is driven by increased construction activity, rising demand in the mining sector, and ongoing product innovations among leading manufacturers.

Excavator buckets are essential attachments used for digging, trenching, and material loading. Operated by excavator controls from within the cabin, these buckets are categorized based on function into digging buckets, rock buckets, V buckets, and others. Mechanically, they include forward scoops, back scoops, grab buckets, and drag scoops.

Demand Fueled by Construction and Mining Sectors

Excavator buckets play a vital role in laying pipelines, geotechnical digging, and large-scale construction and mining tasks. The market’s momentum is being sustained by the increased adoption of high-capacity and durable attachments, particularly in infrastructure-heavy regions.


Recent Developments in the Excavator Bucket Market

  • Caterpillar Launches Cat 336 Excavator
    In July 2022, Caterpillar introduced the Cat 336 excavator, which offers a balance of power and payload capacity. Designed to increase production while reducing operating costs, the Cat 336 helps boost efficiency across excavation tasks.
    [Source: cdrecycler.com]

  • Paladin Enhances JRB Excavator Bucket
    Paladin has upgraded its JRB excavator bucket, increasing its capacity by 15% to improve productivity in excavation operations. This move reflects the company’s commitment to optimizing job site performance.
    [Source: KGM Enterprises LLC]

  • Hongwing Develops Heavy-Duty Rock Digging Bucket
    Hongwing unveiled a 90-ton heavy-duty rock digging bucket designed for tough excavation environments. This robust bucket targets large-scale construction and mining applications.
    [Source: Hongwing Heavy Industry]

  • ESCO Introduces 54″ HD Excavator Bucket
    ESCO has launched a new 54-inch heavy-duty bucket equipped with reinforced side cutters and teeth. Built to withstand harsh digging conditions, it delivers both strength and durability. [Source: global.weir]

  • Kenco Expands Excavator Bucket Product Line
    Kenco has expanded its excavator bucket portfolio, offering a variety of sizes and configurations to meet diverse job site demands, providing customers with greater flexibility and operational choice. [Source: Kenko.com]


Key Market Players

Prominent companies in the market include:

Caterpillar, Komatsu, Volvo, Doosan, Kinshofer, Paladin, Empire Bucket, Werk-Brau, ACS Industries, Rockland, Yuchai, Wolong, Hongwing, ESCO (TheWeirGroup), Felco, Kenco, Hensley Industries, VTN Europe S.p.A., and Others.

These players are focused on enhancing product performance and expanding their global footprint through innovation and strategic partnerships.


Market Segmentation

By Product Type:

  • Digging Bucket

  • Rock Bucket

  • V Bucket

  • Others

By Application:

  • Construction Excavator

  • Mining Excavator

  • Others

By Sales Channel:

  • Direct Channel

  • Distribution Channel

By Region:

  • North America: United States, Canada, Mexico

  • Europe: Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe

  • Asia-Pacific: China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific

  • South America: Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America

  • Middle East & Africa: UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa


As infrastructure and mining projects continue to accelerate worldwide, the excavator bucket market is expected to maintain a steady upward trajectory, with innovations from key players paving the way for performance-driven solutions.