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 aims to provide a comprehensive presentation of the global market for Compact Construction Machinery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compact Construction Machinery. This report contains market size and forecasts of Compact Construction Machinery in global, including the following market information:
Global Compact Construction Machinery Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Compact Construction Machinery Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Compact Construction Machinery companies in 2022 (%)
The global Compact Construction Machinery market was valued at US$ 23670 million in 2022 and is projected to reach US$ 33740 million by 2029, at a CAGR of 5.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific is the largest market of Compact Construction Machinery, with a share about 50%, followed by North America and Europe, both have a share about 40 percent. Global top 10 companies include Caterpillar, Volvo Construction Equipment, John Deere, Komatsu, Sany, Wacker Neuson SE, Takeuchi, Kubota, Hitachi Compact Excavators and CNH Industrial, they hold a share over 55%.
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, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Compact Construction Machinery Market Segment Percentages, by Type, 2022 (%)
- Mini Excavators
- Compact Wheel Loaders
- Compact Track Loaders
- Skid Steer Loaders
- Others
Global Compact Construction Machinery Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Compact Construction Machinery Market Segment Percentages, by Application, 2022 (%)
- Construction
- Mining
- Agriculture
- Others
Global Compact Construction Machinery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Compact Construction Machinery 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 Compact Construction Machinery revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Compact Construction Machinery revenues share in global market, 2022 (%)
- Key companies Compact Construction Machinery sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Compact Construction Machinery sales share in global market, 2022 (%)
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)
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Compact Construction Machinery, market overview.
- Chapter 2: Global Compact Construction Machinery market size in revenue and volume.
- Chapter 3: Detailed analysis of Compact Construction Machinery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Compact Construction Machinery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Compact Construction Machinery capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
