Report overview
Compact construction equipment is small in size, light in weight, highly efficient, and capable of performing multiple tasks as compared to heavy equipment.
Compact construction equipment, such as mini excavators and compact wheel loaders, delivers substantial benefits on a wide variety of projects. Typically ranging from one to six tonnes, mini excavators are lightweight, easy to transport and user-friendly. Ideal for confined areas, they can be used on utility, foundation work, landscaping and indoor demolition or construction projects.
This report contains market size and forecasts of Compact Construction Machinery in global, including the following market information:
Global Compact Construction Machinery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Compact Construction Machinery Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Compact Construction Machinery companies in 2021 (%)
The global Compact Construction Machinery market was valued at 23670 million in 2021 and is projected to reach US$ 33740 million by 2028, at a CAGR of 5.2% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Mini Excavators Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Compact Construction Machinery include Caterpillar, Volvo Construction Equipment, John Deere, Komatsu, Sany, Wacker Neuson SE, Takeuchi, Kubota and Hitachi Compact Excavators, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Compact Construction Machinery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Compact Construction Machinery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Compact Construction Machinery Market Segment Percentages, by Type, 2021 (%)
Mini Excavators
Compact Wheel Loaders
Compact Track Loaders
Skid Steer Loaders
Others
Global Compact Construction Machinery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Compact Construction Machinery Market Segment Percentages, by Application, 2021 (%)
Construction
Mining
Agriculture
Others
Global Compact Construction Machinery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Compact Construction Machinery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Compact Construction Machinery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Compact Construction Machinery revenues share in global market, 2021 (%)
Key companies Compact Construction Machinery sales in global market, 2017-2022 (Estimated), (Units)
Key companies Compact Construction Machinery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Caterpillar
Volvo Construction Equipment
John Deere
Komatsu
Sany
Wacker Neuson SE
Takeuchi
Kubota
Hitachi Compact Excavators
CNH Industrial
JCB
Liebherr
Zoomlion
Liugong Machinery
Lonking Holdings Limited
XCMG
Manitou
ASV Holdings, Inc (ASV)
