Report overview
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.
This report contains market size and forecasts of Compact Electric Construction Equipment in global, including the following market information:
Global Compact Electric Construction Equipment Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Compact Electric Construction Equipment Market Sales, 2018-2023, 2023-2030, (Units)
Global top five Compact Electric Construction Equipment companies in 2022 (%)
The global Compact Electric 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.
Forklift Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Compact Electric Construction Equipment include Caterpillar, JCB, Haulotte Group, Wacker Neuson SE, Toyota Motor Corporation, Hyster-Yale Group, Inc., SANY Group, AB Volvo and Hyundai CE, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Compact Electric 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 Compact Electric Construction Equipment Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Compact Electric Construction Equipment Market Segment Percentages, by Type, 2022 (%)
Forklift
Loader
Excavator
AWP
Global Compact Electric Construction Equipment Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Compact Electric Construction Equipment Market Segment Percentages, by Application, 2022 (%)
Construction
Mining
Agriculture
Others
Global Compact Electric Construction Equipment Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Compact Electric 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 Compact Electric Construction Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Compact Electric Construction Equipment revenues share in global market, 2022 (%)
Key companies Compact Electric Construction Equipment sales in global market, 2018-2023 (Estimated), (Units)
Key companies Compact Electric Construction Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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)
