Global Compact Electric Construction Equipment Market Growth 2025-2031

The global Compact Electric Construction Equipment market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Compact construction equipment are small in size, light in weight, highly efficient, and capable of performing multiple tasks as compared to heavy equipment. The growth in demand for compact electric construction equipment can be attributed to a noticeable increase in construction activities across the globe and stringent environmental regulations.

According to our “Construction Machinery” research center, sales of construction machinery in Europe increased by 24% in 2021, and in 2022 the construction machinery revenue in Europe was about US$ 22 billion, while the US market sold about $36 billion in construction machinery in 2022. China"s construction machinery has complete categories and outstanding advantages, with 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. By the end of 2021, the number of major products of construction machinery in China was about 5.61 million to 6.08 million units. According to our “Construction Machinery” research center, the total sales of the top 50 global construction machinery manufacturers in 2022 reached US$ 220 billion. And Asian companies occupied an absolute advantage, accounting for 50% of revenue, followed by Europe and North America, accounting for 26% and 23%.

LP Information, Inc. (LPI) ' newest research report, the “Compact Electric Construction Equipment Industry Forecast” looks at past sales and reviews total world Compact Electric Construction Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Compact Electric Construction Equipment sales for 2025 through 2031. With Compact Electric Construction Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compact Electric Construction Equipment industry.

This Insight Report provides a comprehensive analysis of the global Compact Electric Construction Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Compact Electric Construction Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Compact Electric Construction Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compact Electric Construction Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Compact Electric Construction Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Compact Electric Construction Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Forklift
Loader
Excavator
AWP

Segmentation by Application:
Construction
Mining
Agriculture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Caterpillar
JCB
Haulotte Group
Wacker Neuson SE
Toyota Motor Corporation
Hyster-Yale Group, Inc.
SANY Group
AB Volvo
Hyundai CE
Bobcat
John Deere
Komatsu
Takeuchi
Kubota
Hitachi Compact Excavators
CNH Industrial
Liebherr
Zoomlion
Liugong Machinery
Lonking Holdings Limited
XCMG
Manitou
ASV Holdings, Inc (ASV)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Compact Electric Construction Equipment market?

What factors are driving Compact Electric Construction Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Compact Electric Construction Equipment market opportunities vary by end market size?

How does Compact Electric Construction Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.