Report overview
Electric Compact Construction Equipment refers to compact construction equipment powered by batteries.The main advantages of compact construction equipment are that they are low cost, light weight, and easy to transport and operate. However, there is no industry standard to specify any requirements to be met for equipment to be categorised as compact construction equipment. Categorisation is more dependent on the type of application performed in a particular sector. Generally, Mini Excavators, Compact Wheel Loaders, Multi Terrain Loaders, Compact Track Loaders and Skid Steer Loader are classified under compact construction equipment.
This report contains market size and forecasts of Electric Compact Construction Equipment in global, including the following market information:
Global Electric Compact Construction Equipment Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Electric Compact Construction Equipment Market Sales, 2018-2023, 2023-2030, (Units)
Global top five Electric Compact Construction Equipment companies in 2022 (%)
The global Electric Compact Construction Equipment market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Mini Excavators Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Electric Compact Construction Equipment include Volvo Construction Equipment, JCB, Caterpillar, Komatsu, Sany, Hyundai Construction Equipment, Bobcat (Doosan), Wacker Neuson SE and Takeuchi, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Compact Construction Equipment 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 Electric Compact Construction Equipment Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Electric Compact Construction Equipment Market Segment Percentages, by Type, 2022 (%)
Mini Excavators
Compact Wheel Loaders
Compact Track Loaders
Skid Steer Loaders
Others
Global Electric Compact Construction Equipment Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Electric Compact Construction Equipment Market Segment Percentages, by Application, 2022 (%)
Construction
Mining
Agriculture
Others
Global Electric Compact Construction Equipment Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Electric Compact Construction Equipment Market Segment Percentages, By Region and Country, 2022 (%)
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 Electric Compact Construction Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Compact Construction Equipment revenues share in global market, 2022 (%)
Key companies Electric Compact Construction Equipment sales in global market, 2018-2023 (Estimated), (Units)
Key companies Electric Compact Construction Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Volvo Construction Equipment
JCB
Caterpillar
Komatsu
Sany
Hyundai Construction Equipment
Bobcat (Doosan)
Wacker Neuson SE
Takeuchi
Kubota
Hitachi Compact Excavators
HEVI
CNH Industrial
Mecalac
YANMAR
XCMG
