OEMs Going Electric on Mini Excavators

Another OEM looking at electric power to power up their mini excavator series is Kubota. “There has been demand in recent years for electric powered mini excavators powered or alternative fuel sources and Kubota is committed towards catering this demand” said Glen Hampson, the business development manager for UK based Kubota. He added that the demand also pursued elements of both operation and environment as electric equipment provides operators the ability to work in regulated zones where emission levels are strictly monitored.

The fact that electric machine are also safe to be used in confined spaces such as in underground projects without having to worry about harmful emissions. Low noise outputs by electric powered motors also make these machines the perfect option for heavily populated environments. The race seems to be on between three industry leaders, Kubota, Komatsu & Honda and as well as Volvo Construction Equipment Component under the mini excavator category as other competitors such as Caterpillar and JCB move into different markets under the same conception.

Hampson added that as Kubota launched the prototype electric mini excavator in Kyoto at the beginning of this year, they were well aware of Honda and Komatsu’s ongoing joint venture involving the PC01 which was released in Mid-2020 and Volvo’s move into the foray earlier in 2019 that saw mini excavators with mobile battery packs for the EC15 to EC27 range and the L20 to L28 range of wheeled loaders which all match the needs of present day customers who are sensitive to the wellbeing of workers and as well as the environment.

The current ongoing trend which revolves around government initiatives that are linked to new technology and development for infrastructure purposes are supportive towards these new advances in excavator technology. The initiatives by manufacturers such as Kubota, Komatsu, JCB, and Volvo has been received as a positive element that is impacting the growth of the mini excavator hire market from a variety of perspectives as these machines are able to manage a variety of tasks that improve efficiency, cost and processes.

The adoption of new technology by manufacturers of heavy industry machines has triggered new demand factions despite the advent of COVID-19. In essence, the digitalization of industrial machinery and the range of tasks that these machines are able to accommodate has even impacted Asia positively. For instance, the demand for excavators in the Philippines fell only 3.9% during the pandemic and has since recovered based on the latest market reports.

The current market trends and drivers according to market share analysis that are focused on growth opportunities indicates that the impact of government initiatives within the scope of industrial machinery in countries such as Thailand, Malaysia, & Philippines are the main factors contributing to the Asian market which has caused manufacturers to deliver more innovative features in their products and attract a greater number of customers.

The weakening impact of the pandemic is another factor that is going to eventually cause a wave of new demands for excavators as previously halted projects commence work once again.