Excavator: Meaning, Main Parts, Uses, Types, Prices, and Financing Options

Discover what an excavator is, its types, sizes, purposes, pricing, and financing options. Get a complete guide to choosing the right excavator for your needs.
Business Loan
4 min
11 April 2025
An excavator is a powerful, versatile construction machine used for digging, lifting, grading, and demolition tasks. It consists of a boom, stick, bucket, and rotating cab mounted on tracks or wheels. Excavators are essential for modern construction projects, mining operations, landscaping, and infrastructure development. They are designed to handle heavy-duty tasks efficiently with high precision. Operated hydraulically, excavators come in various sizes and configurations to suit specific site requirements. Whether for building roads, laying pipelines, or excavating foundations, these machines offer unmatched performance, making them indispensable on Indian construction and infrastructure sites of all scales. If you are planning to add one to your fleet, apply for our business loan to manage the upfront investment with ease.

The main parts of an excavator

An excavator comprises several vital components that work together to perform digging and lifting operations efficiently. Each part plays a specific role in the machine's functionality, enabling smooth and precise execution of tasks in different terrain conditions.

Key parts of an excavator include:

  • Cab – The operator’s compartment with controls, seat, and visibility panels.
  • Boom – The large arm that extends from the cab to lift and move material.
  • Stick (or dipper arm) – Connects the boom to the bucket and controls digging depth.
  • Bucket – The attachment used for scooping, digging, and moving materials.
  • Undercarriage – Includes tracks or wheels for mobility on different surfaces.
  • Hydraulic system – Powers all movements including boom, stick, and bucket operation.
  • Counterweight – Stabilises the machine by balancing the front-end load.
  • Swing motor – Enables 360-degree rotation of the upper body.

How does an excavator work?

Excavators operate using a complex hydraulic system that powers the boom, stick, bucket, and track movements. Pressurised hydraulic fluid flows through lines, creating force that enables precise control of various components. The system is controlled by an operator using joysticks and pedals.

How an excavator functions step-by-step:

  • The engine powers a hydraulic pump that generates fluid pressure.
  • This pressure is directed to hydraulic cylinders through control valves.
  • Operator controls determine the movement of boom, stick, and bucket.
  • The swing motor allows the cab to rotate for multi-directional access.
  • Tracks or wheels move the machine across different terrain.
  • The counterweight ensures machine stability during heavy lifting.

What are the uses of excavators?

Excavators are widely used in construction, demolition, mining, and infrastructure development. Their versatility, powerful hydraulics, and robust structure make them suitable for numerous applications across industries.

Common uses of excavators include:

  • Earthmoving and trenching – Digging foundations, ditches, and drainage systems.
  • Demolition – Breaking down structures using specialised attachments.
  • Material handling – Lifting and moving heavy debris, soil, or equipment.
  • Mining and quarrying – Extracting minerals and rocks from sites.
  • Grading and landscaping – Levelling surfaces and shaping terrain.
  • Road and pipeline construction – Excavating trenches for utilities and roadbeds.
  • River dredging and waterfront work – Removing silt or debris underwater.

Types of excavator

Different types of excavators are designed to meet specific construction and site requirements. The choice depends on the task complexity, terrain, and operational needs. Each type offers unique features and movement capabilities.

Types of excavators include:

  • Crawler excavators – Equipped with tracks, ideal for uneven or rough terrain.
  • Wheeled excavators – Feature tyres for mobility on paved roads and urban areas.
  • Long-reach excavators – Have extended arms for deep digging and demolition.
  • Mini (compact) excavators – Suitable for small spaces and light tasks.
  • Dragline excavators – Used in large-scale mining and deep excavation projects.
  • Suction excavators – Use air and water jets to remove soil with minimal disruption.

Excavator size classifications

Excavators are classified by their weight and operational capabilities. The size selection depends on job site constraints, material type, and lifting or digging requirements.

Size classOperating weightCommon applications
Compact excavatorsUp to 6 tonnesLandscaping, utility work, small sites
Medium excavators6 to 10 tonnesUrban construction, infrastructure
Large excavators10 to 45 tonnesMining, heavy-duty earthmoving
Ultra-large excavatorsOver 45 tonnesMassive quarrying, industrial excavation


Benefits of using an excavator

Excavators provide numerous operational and financial benefits to construction and industrial projects. Their advanced capabilities and attachment compatibility make them essential for both short-term and large-scale jobs.

Benefits of using excavators:

  • High versatility – Suitable for digging, lifting, grading, and demolition.
  • Increased efficiency – Speeds up work, reducing project timelines.
  • Precision – Hydraulic controls offer accurate digging and lifting.
  • Durability – Built for rough terrain and heavy workloads.
  • Operator comfort – Modern cabs feature ergonomic controls and safety.
  • Attachment flexibility – Compatible with buckets, hammers, augers, and grapples.
  • Cost-effective – Reduces labour costs and manual workload.

Difference between an excavator and a backhoe loader

Though both excavators and backhoe loaders are digging machines, they differ in design, functionality, and application scope. Excavators are ideal for heavy-duty projects, while backhoes suit small to medium tasks.

FeatureExcavatorBackhoe loader
StructureRotating cab with boom and stickTractor-style body with rear digging arm
MobilityTracks or wheelsTyres (high mobility)
Digging depthDeeper reach and higher capacityModerate depth
VersatilitySpecialised for heavy tasksMulti-purpose for urban work
Cab rotation360 degreesLimited to about 200 degrees
Suitable forMining, large projectsRoadwork, small-scale digging


Buying guide for excavator

Buying an excavator involves evaluating several technical and financial aspects to ensure suitability for your operational needs. For ease of purchase, check your pre-approved business loan offer and select the most cost-efficient model without compromising on performance.

Points to consider when buying an excavator:

  • Determine the job type (digging, demolition, trenching, etc.).
  • Choose between wheeled or tracked based on terrain.
  • Select appropriate size and weight class for your tasks.
  • Assess bucket capacity and reach.
  • Look for fuel efficiency, hydraulic power, and operator comfort.
  • Verify after-sales service, warranty, and availability of parts.
  • For ease of purchase, explore machinery loan options to manage costs.

Excavator financing options

Investing in an excavator is capital-intensive. However, financing solutions can make this investment manageable for contractors, businesses, and builders. Flexible financial support enables quick upgrades and timely procurement. Check your business loan eligibility to explore the right funding options for your next equipment purchase.

Available financing options include:

  • Equipment loans with competitive interest rates.
  • Lease-to-own arrangements for flexible ownership.
  • EMI-based payment plans for budget-friendly acquisition.
  • Customised repayment schedules aligned with project cash flows.
  • Seasonal EMIs for businesses with fluctuating income.
  • Government subsidies for small contractors under infrastructure schemes.
  • Bajaj Finserv’s industrial equipment finance provides fast and tailored solutions.

Conclusion

Excavators are essential machines that enhance productivity, speed, and accuracy in construction and industrial operations. With a wide range of sizes and types, they cater to diverse site requirements—from small landscaping jobs to massive excavation works. Their hydraulic performance and adaptability make them a worthwhile investment for long-term business growth. For businesses looking to expand or upgrade machinery, accessing timely funds through a business loan can simplify procurement and support project success. Choose the right excavator with confidence, backed by the right financial plan.

Frequently asked questions

What does an excavator do?
An excavator performs various tasks such as digging, trenching, lifting, demolition, and material handling. It uses a hydraulic arm, boom, stick, and bucket to move earth and heavy materials. Widely used in construction, mining, and infrastructure, excavators offer efficiency and precision in operations, especially in tasks that require depth and heavy-duty strength. Check your pre-approved business loan offer to get financial support for purchasing an excavator.

What is the price of an excavator?
Excavator prices in India vary based on size, brand, and specifications. Mini excavators start around Rs. 15 lakh, while medium to large models can range between Rs. 25 lakh to Rs. 1 crore or more. Prices increase with additional attachments, advanced features, and higher capacities. Financing options and second-hand purchases also affect final costs.

If you are looking to purchase an excavator, apply for our business loan to manage the cost effectively.

Why are excavators used?
Excavators are used for their versatility, power, and efficiency in handling heavy construction and earthmoving tasks. They are essential for digging foundations, laying pipelines, grading land, and demolishing structures. Their ability to handle different attachments makes them suitable for a wide range of projects across construction, agriculture, mining, and infrastructure sectors.

Check your business loan eligibility if you are considering financing for an excavator purchase.

What is the main use of an excavator?
The main use of an excavator is digging and earthmoving. It is primarily employed to excavate soil, trenches, and foundations during construction projects. Its hydraulic system and powerful arm allow it to lift, scoop, and move heavy materials, making it ideal for site preparation, roadwork, and large-scale development activities.

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