Excavator attachments refer to various auxiliary equipment and devices installed on excavators, used to improve the performance, efficiency, and safety of excavators. Common Excavator attachments include buckets, grab buckets (used to grab materials), crushing hammers (used to crush and remove hard materials such as concrete), rakes, and thumb buckets.

With the rapid growth of population and the increase of per capita income, the process of urbanization continues to accelerate, resulting in large-scale demolition of residential and commercial buildings, which has driven the demand for excavators, and the excavator attachment market has also continued to expand. According to our research data, the North American excavator attachment market size is expected to reach $1781 million in 2023. In the future, with the continuous development of downstream mining, infrastructure, and real estate industries, coupled with the continuous expansion of industrial production scale and increasing requirements for production efficiency, the excavator attachment market will continue to expand. It is expected that by 2027, the market size of excavator attachments in North America will reach $2126 million. From a segmented market perspective, the bucket segment dominates the North American excavator attachment market, with a market share expected to reach 50.25% by 2023.

Source: www.globalmarketmonitor.com

From the perspective of market competition, the concentration of the North American excavator attachment industry is moderate. Data shows that the total revenue of the Excavator attachments market for the top 3 enterprises in the industry was $569 million, accounting for 33.65% of the market in 2022. The total revenue of the top 6 enterprises was $985 million, with a total market share of 58.12%. The top three companies in the rankings were Caterpillar, John Deere, and Doosan Group Antivirus. In 2022, the three companies accounted for 12.29%, 11.11%, and 10.25% of the excavator attachment market revenue in the North American market, respectively.

North America Excavator Attachment Market Revenue and Share by Enterprise in 2022

Enterprises	Market Revenue (M USD)	Market Share
Caterpillar	208	12.29%
JohnDeere	188	11.11%
Doosan Group	173	10.25%
Top3	569	33.65%
Top6	982	58.12%

Source: www.globalmarketmonitor.com

With the continuous updates of technology and the increasing demands for work efficiency and environmental protection, the excavator attachment market will usher in more innovation and transformation. In the future, this market will place greater emphasis on product quality and performance, as well as environmental protection and sustainability.