小型建設機械市場 – 2032年までの世界予測

Compact Construction Equipment Market - Global Forecast to 2032

小型建設機械市場 - タイプ (掘削機、ローダー、スキッドステア、トラックローダー、コンパクター、テレハンドラー)、推進力、出力、エンジン容量、機能、電気建設機械、バッテリー化学、および地域別 - 2032年までの世界予測
Compact Construction Equipment Market by Type (Excavator, Loader, Skid Steer, Track Loader, Compactor, Telehandler), Propulsion, Power Output, Engine Capacity, Function, Electric Construction Equipment, Battery Chemistry, & Region - Global Forecast to 2032

商品番号 : SMB-75221

出版社MarketsandMarkets
出版年月2025年3月
ページ数361
図表数480
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The compact construction equipment market is projected to grow from USD 39.52 billion in 2025 to USD 56.05 billion by 2032, at a CAGR of 5.1%. The overall market growth is propelled by the continuously increasing government and private investments in residential, non-residential, and commercial sectors in Asian and North American countries. Additionally, the inclination towards the electrification of compact construction equipment globally will boost the demand for compact construction equipment in the coming years.

小型建設機械市場は、2025 年の 395 億 2,000 万米ドルから 2032 年には 560 億 5,000 万米ドルに、年平均成長率 5.1% で成長すると予測されています。市場全体の成長は、アジアおよび北米諸国における住宅、非住宅、商業部門への政府および民間投資の継続的な増加によって推進されています。さらに、世界的に小型建設機械の電動化への傾向が、今後数年間で小型建設機械の需要を押し上げるでしょう。

小型建設機械市場 - 2032年までの世界予測
compact-construction-equipment-market-new

Lithium Iron Phosphate (LFP) batteries will be the fastest-growing battery chemistry in the Electric Compact Construction Equipment market.

Lithium Iron Phosphate (LFP) battery growth is propelled by higher demand in the Asian market. LFP batteries offer advantages like high electrochemical stability with low resistance for the flow of charge, better temperature resistance, 80−90% discharge capacity, easy availability of raw materials, a longer life span, and minimal maintenance. SANY’s (China) SY19E mini excavator (launched in March 2023) uses LFP battery with a capacity of 22 kWh and power output of 15 kW. Whereas Volvo’s (Sweden) L25 electric loader is also equipped with an LFP battery with a capacity of 40kWh. LFP batteries are generally cheaper to manufacture than NMC batteries because they do not require expensive raw materials like nickel, manganese, or cobalt. This results in lower overall production costs. Secondly majority of the battery manufacturers are from China, and mostly LFP batteries are manufactured in the region. Asian compact construction equipment manufacturers export their products to European and North American markets, as these equipment’s will be equipped with LFP batteries, the growth of these batteries will also propel in those regions. Though these batteries are low priced, they are heavier than NMC batteries, which is a challenge when equipping them with compact equipment, as they will add additional weight to the equipment and can affect the end performance.

The 2 – 3.5L segment is predicted to be the largest engine capacity segment in the compact construction equipment market.

The 2-3.5L engine range includes equipment like mini excavators, skid steers, and compact track & wheel loaders. The main applications of these engine categories are seen in excavation and earthmoving for residential and infrastructural development projects. These equipment’s are estimated to be in higher demand in countries like the US, and India, and a few countries in the Middle East. The demand for Mini excavators is highest in Asia, while the demand for skid steer and compact track loaders is more in the North American region. The driving factors for the demand in these regions is the ongoing investments in the residential sector. According to the US Census Bureau and the US Department of Housing and Urban Development, the residential sector in the country grew by 2.6% compared to 2023. The Indian construction industry is also growing, the industry has received FDIs around USD 3.1 billion in the first half of 2024. The “Make in India” and “Smart Cities Mission” initiatives have fueled the country’s demand for compact construction equipment.

Other driving factors for this range of engine capacity is its lower costs, light weight and better fuel economy. As these category of engines will be equipped in mini excavators, and compact track loaders, the overall weight of the equipment will be reduced leading to better maneuverability and ability to operate in confined spaces will increase, which will further propel the demand for equipment;s equipped with these category engines.

小型建設機械市場 - 2032年までの世界予測 region
compact-construction-equipment-market-region

“Asia is the second largest compact construction equipment market.”

Asia is estimated to hold >21% of the global compact construction equipment market. India and China dominate the Asian compact construction equipment market, accounting for >25% and >20%, respectively, in 2024. As per IBEF, luxury home sales in India have surged by 75% in 2023, doubling their share in total housing sales compared to the previous year, Foreign investors have also pumped around USD 3.1 billion into Indian real estate market. Majority of the urban cities in the country come under smart city programs wherein investments are made for betterment of road and other amenities in the city, this will increase the growth of the residential sector resulting in the increasing demand for compact construction equipments. The Chinese construction industry is also growing, In 2023, the Chinese construction industry accounted for about 6.8% of the country’s gross domestic product (GDP). The 2024 budget for China included an expenditure of USD 4 trillion in 2024 for the construction industry, an increase of 3.8% compared to the 2023 Budget. The Chinese government has also planned an additional investment of USD 173 Billion to improve its road infrastructure in 2024. These investments would drive the construction industry in the country.

The region is also the home to majority of the key compact construction manufacturers like, Doosan Bobcat (South Korea), Kubota Corporation (Japan), Komatsu Ltd. (Japan), SANY (China), XCMG (China), and Hitachi Construction Machinery (Japan). The ongoing developments in the construction sector coupled with the presence of key OEMs will drive the growth of the compact construction equipment market in the region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.

  • By Company Type: Equipment Manufacturers – 100%.
  • By Designation: C Level – 40%, Directors- 40%, and Others – 20%
  • By Region: Americas – 20%, Europe – 30%, and Asia Pacific – 30%, The Middle East & RoW–20%

The construction equipment market is led by established players such as Doosan Bobcat (US), JCB (UK), Caterpillar (US), Komatsu Ltd. (Japan), and Kubota Corporation (Japan).

小型建設機械市場 - 2032年までの世界予測 ecosystem
compact-construction-equipment-market-ecosystem

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall compact construction equipment market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of Key drivers (Rapid urbanization fueling the demand for compact construction equipment in residential and commercial sectors, Rising Labor costs and shortage of skilled labor), Restraint (Stringent international trade policies and mandates), opportunities (Advancements in hydrogen-propelled compact equipment, Advancements in autonomous compact construction equipment and rapid digitalization of services) and challenges (Supply chain issues for hydrogen and other alternate fuels and Battery related issues in compact construction equipment) influencing the growth of construction equipment market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research development activities, and new products & services of the compact construction equipment market.
  • Market Development: Comprehensive information about the lucrative market – the report analyzes the compact construction equipment market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the compact construction equipment market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Doosan Bobcat (US), JCB (UK), Caterpillar (US), Komatsu Ltd. (Japan), and Kubota Corporation (Japan), among others in the compact construction equipment market.

Table of Contents

1               INTRODUCTION              32

1.1           STUDY OBJECTIVES       32

1.2           MARKET DEFINITION   33

1.3           STUDY SCOPE   34

1.3.1        MARKET SEGMENTATION & GEOGRAPHICAL SPREAD                 34

1.3.2        INCLUSIONS & EXCLUSIONS       35

1.4           YEARS CONSIDERED      35

1.5           CURRENCY CONSIDERED            36

1.6           UNITS CONSIDERED      37

1.7           STAKEHOLDERS               37

2               RESEARCH METHODOLOGY       38

2.1           RESEARCH DATA              38

2.1.1        SECONDARY DATA          39

2.1.1.1    Secondary sources for base data and market sizing         39

2.1.1.2    Key data from secondary sources       40

2.1.2        PRIMARY DATA 41

2.1.2.1    Primary participants             41

2.1.3        SAMPLING TECHNIQUES AND DATA COLLECTION METHODS           42

2.2           MARKET SIZE ESTIMATION         42

2.2.1        BOTTOM-UP APPROACH              43

2.2.2        TOP-DOWN APPROACH                44

2.3           DATA TRIANGULATION                45

2.4           FACTOR ANALYSIS          46

2.5           RESEARCH ASSUMPTIONS & RISK ANALYSIS        47

2.6           RESEARCH LIMITATIONS             48

3               EXECUTIVE SUMMARY  49

4               PREMIUM INSIGHTS       53

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN COMPACT CONSTRUCTION

EQUIPMENT MARKET    53

4.2           COMPACT CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE           54

4.3           COMPACT CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE         54

4.4           COMPACT CONSTRUCTION EQUIPMENT MARKET, BY FUNCTION          55

4.5           COMPACT CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY          55

4.6           COMPACT CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT              56

4.7           ELECTRIC & COMPACT CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE 56

4.8           ELECTRIC & HYDROGEN COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY PROPULSION TYPE  57

4.9           ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY         57

4.10         COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION                58

5               MARKET OVERVIEW       59

5.1           INTRODUCTION              59

5.2           MARKET DYNAMICS       59

5.2.1        DRIVERS               60

5.2.1.1    Rapid urbanization in residential and commercial sectors                 60

5.2.1.2    Rising cost and shortage of skilled labor           60

5.2.2        RESTRAINTS      61

5.2.2.1    Stringent international trade policies and events             61

5.2.3        OPPORTUNITIES              61

5.2.3.1    Advancements in hydrogen-propelled compact equipment                 61

5.2.3.2    Enhancements in autonomous compact construction equipment                 62

5.2.3.3    Rapid digitalization of services           62

5.2.4        CHALLENGES    63

5.2.4.1    Battery-related issues in electric compact construction equipment              63

5.2.4.2    Supply chain issues for biodiesel and hydrogen fuels     63

5.3           IMPACT OF AI/GENERATIVE AI 64

5.4           TECHNOLOGY ANALYSIS             64

5.4.1        KEY TECHNOLOGIES     65

5.4.1.1    H2-ICE for compact construction equipment 65

5.4.1.2    H2-fuel cells for compact construction equipment         65

5.4.2        COMPLEMENTARY TECHNOLOGIES       65

5.4.2.1    Monitoring and diagnostic technologies           65

5.4.3        ADJACENT TECHNOLOGIES       66

5.4.3.1    Grade control system           66

5.5           CASE STUDIES  66

5.5.1        MACHINMAX ADOPTED PREDICTIVE MAINTENANCE TO REDUCE CARBON EMISSIONS FROM MOBILE PLANTS                 66

5.5.2        DEVELOPMENT OF LOW-CARBON CONSTRUCTION MACHINERY TO CONTRIBUTE TO CIRCULAR ECONOMY                 67

5.5.3        KUBOTA OFFERED MINI EXCAVATORS THAT FACILITATE INFRASTRUCTURE IMPROVEMENTS WHILE PRESERVING HISTORIC LANDSCAPES    67

5.5.4        KUBOTA OFFERED COMPACT TRACK LOADERS THAT ENHANCE STABILITY

AND OPERATIONAL SIMPLICITY              68

5.6           INVESTMENT & FUNDING SCENARIO     68

5.7           TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS            69

5.8           PRICING ANALYSIS          69

5.8.1        AVERAGE SELLING PRICE TREND, BY EQUIPMENT TYPE                 70

5.8.2        AVERAGE SELLING PRICE TREND, BY REGION   71

5.9           ECOSYSTEM ANALYSIS  71

5.10         SUPPLY CHAIN ANALYSIS             74

5.11         PATENT ANALYSIS          76

5.12         TRADE ANALYSIS             81

5.12.1      IMPORT SCENARIO         81

5.12.2      EXPORT SCENARIO         83

5.13         REGULATORY LANDSCAPE         85

5.13.1      REGULATIONS, BY REGION         86

5.13.1.1  North America      86

5.13.1.1.1                US           86

5.13.1.2  European Union   87

5.13.1.3  Asia         87

5.13.1.3.1                China      87

5.13.1.3.2                India       88

5.13.2      REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  88

5.14         KEY CONFERENCES & EVENTS, 2025         93

5.15         KEY STAKEHOLDERS & BUYING CRITERIA            94

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           94

5.15.2      BUYING CRITERIA           95

5.16         COMPACT CONSTRUCTION EQUIPMENT MARKET: OEM ANALYSIS 96

5.16.1      BATTERY CAPACITIES OF ELECTRIC COMPACT CONSTRUCTION EQUIPMENT TYPES OFFERED BY OEMS                 96

5.16.2      BACKHOE LOADERS OFFERED BY OEMS, 2024    97

5.16.3      COMPACT TRACK LOADERS OFFERED BY OEMS, 2024                 98

5.16.4      SKID STEER LOADERS OFFERED BY OEMS, 2024 99

5.17         OEM STRATEGIES            100

6               GLOBAL SHIPMENT, BY OEM     102

6.1           INTRODUCTION              102

6.2           BACKHOE LOADERS (> 25 HP TO 90 HP): GLOBAL SHIPMENT          102

6.3           TELEHANDLERS (UP TO 110 HP): GLOBAL SHIPMENT                 103

6.4           MINI EXCAVATORS (> 25 HP TO 100 HP): GLOBAL SHIPMENT          103

6.5           SKID STEER LOADERS (> 25 HP TO 100 HP): GLOBAL SHIPMENT          104

6.6           COMPACT TRACK LOADERS (UP TO 100 HP): GLOBAL SHIPMENT          104

7               COMPACT CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY          105

7.1           INTRODUCTION              106

7.2           < 2 L       108

7.2.1        NEED FOR LOW COST AND BETTER EFFICIENCY OF CONSTRUCTION EQUIPMENT TO DRIVE GROWTH         108

7.3           2–3.5 L   110

7.3.1        DEMAND FOR EQUIPMENT WITH INCREASED LOAD-CARRYING CAPACITY TO DRIVE MARKET             110

7.4           ABOVE 3.5 L        112

7.4.1        DEMAND FOR EQUIPMENT WITH HIGH POWER OUTPUT TO DRIVE MARKET      112

7.5           INDUSTRY INSIGHTS     113

8               COMPACT CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE           114

8.1           INTRODUCTION              115

8.2           BACKHOE LOADERS       118

8.2.1        RAPID INCREASE IN RESIDENTIAL PROJECTS TO DRIVE DEMAND             118

8.3           COMPACT TRACK LOADERS       120

8.3.1        FOCUS ON INTEGRATING ADVANCED TECHNOLOGIES IN CONSTRUCTION EQUIPMENT TO DRIVE GROWTH   120

8.4           MINI EXCAVATORS          121

8.4.1        DEMAND FOR EQUIPMENT TO WORK IN NARROW SPACES TO DRIVE GROWTH       121

8.5           SKID STEER LOADERS   123

8.5.1        NEED FOR VERSATILITY OF OPERATIONS TO DRIVE DEMAND FOR SKID STEER LOADERS      123

8.6           WHEELED EXCAVATORS               125

8.6.1        RISING NEED FOR WHEELED EXCAVATORS IN EUROPE TO DRIVE GROWTH        125

8.7           WHEELED LOADERS < 80 HP       127

8.7.1        FOCUS ON ADOPTING LOW-COST LOADERS TO DRIVE GROWTH             127

8.8           COMPACTORS  128

8.8.1        INCREASE IN ROAD CONSTRUCTION PROJECTS TO DRIVE GROWTH               128

8.9           TELEHANDLERS               130

8.9.1        DEMAND FOR EQUIPMENT FOR LIFTING AND HANDLING HEAVY MACHINES TO DRIVE GROWTH         130

8.10         INDUSTRY INSIGHTS     132

9               COMPACT CONSTRUCTION EQUIPMENT MARKET, BY FUNCTION          133

9.1           INTRODUCTION              134

9.2           LOADING            135

9.2.1        GROWING DEMAND FOR LOADERS TO DRIVE GROWTH                 135

9.3           EXCAVATION    137

9.3.1        INCREASE IN RESIDENTIAL AND INFRASTRUCTURE ACTIVITIES TO DRIVE GROWTH               137

9.4           LIFTING & HOISTING     139

9.4.1        GROWTH IN ACTIVITIES PERTAINING TO MATERIAL HANDLING TO DRIVE MARKET 139

9.5           COMPACTION   140

9.5.1        GROWTH IN ROAD CONSTRUCTION ACTIVITIES TO DRIVE MARKET 140

9.6           INDUSTRY INSIGHTS     142

10            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT              143

10.1         INTRODUCTION              144

10.2         ≤ 30 HP 145

10.2.1      LOW COST AND BETTER EFFICIENCY TO DRIVE GROWTH             145

10.3         31–60 HP               147

10.3.1      NEED FOR EQUIPMENT WITH BETTER LOAD-CARRYING CAPACITY TO DRIVE GROWTH           147

10.4         61–100 HP             149

10.4.1      DEMAND FOR EQUIPMENT WITH HIGH POWER OUTPUT TO DRIVE MARKET      149

10.5         INDUSTRY INSIGHTS     150

11            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE         151

11.1         INTRODUCTION              152

11.2         DIESEL 153

11.2.1      DEMAND FOR HIGH-POWER INFRASTRUCTURE TO DRIVE GROWTH               153

11.3         CNG/LNG/RNG 155

11.3.1      STRINGENT REGULATIONS AND NEED FOR EQUIPMENT WITH LOW EMISSIONS TO DRIVE GROWTH                 155

11.4         INDUSTRY INSIGHTS     157

12            ELECTRIC & HYDROGEN COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE    158

12.1         INTRODUCTION              159

12.2         ELECTRIC LOADERS       164

12.2.1      GROWING DEMAND FOR ELECTRIC SKID STEER AND WHEELED LOADERS TO DRIVE GROWTH             164

12.3         ELECTRIC EXCAVATORS               166

12.3.1      INCREASE IN EXCAVATION ACTIVITIES TO DRIVE GROWTH             166

12.4         ELECTRIC COMPACTORS             167

12.4.1      SUSTAINABLE ROAD CONSTRUCTION INITIATIVES TO DRIVE GROWTH               167

12.5         ELECTRIC TELEHANDLERS         168

12.5.1      INCREASE IN HOISTING OPERATIONS TO DRIVE MARKET FOR ELECTRIC TELEHANDLERS             168

12.6         HYDROGEN        170

12.6.1      DEVELOPMENT OF HYDROGEN ENGINES TO DRIVE MARKET               170

12.7         INDUSTRY INSIGHTS     171

13            ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY   172

13.1         INTRODUCTION              173

13.2         LITHIUM IRON PHOSPHATE (LFP)           175

13.2.1      NEED FOR HIGH ELECTROCHEMICAL STABILITY TO DRIVE GROWTH               175

13.3         LITHIUM NICKEL MANGANESE COBALT (NMC) 177

13.3.1      DEMAND FOR BATTERIES WITH HIGH ENERGY DENSITY TO DRIVE GROWTH    177

13.4         OTHER BATTERY CHEMISTRIES                178

13.5         INDUSTRY INSIGHTS     180

14            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION                181

14.1         INTRODUCTION              182

14.2         ASIA       184

14.2.1      MACROECONOMIC OUTLOOK  184

14.2.2      CHINA  189

14.2.2.1  Heavy investments in infrastructural development to drive market    189

14.2.3      INDIA    191

14.2.3.1  Government plans for smart cities and foreign investments in real estate to drive market           191

14.2.4      JAPAN   194

14.2.4.1  Investments in residential construction activities to drive market                 194

14.2.5      INDONESIA        195

14.2.5.1  Rapid development of infrastructure to drive demand   195

14.2.6      REST OF ASIA    198

14.3         EUROPE               200

14.3.1      MACROECONOMIC OUTLOOK  200

14.3.2      GERMANY           205

14.3.2.1  Rapid increase in residential construction activities to drive market    205

14.3.3      UK          207

14.3.3.1  Increase in residential construction projects to drive demand                 207

14.3.4      FRANCE                210

14.3.4.1  Rapid development of healthcare facilities and real estate to drive demand  210

14.3.5      ITALY    212

14.3.5.1  Rising investments in maintenance and renovation projects to drive market          212

14.3.6      SPAIN    214

14.3.6.1  Increased foreign investments in construction activities to drive market growth       214

14.3.7      REST OF EUROPE             216

14.4         NORTH AMERICA             219

14.4.1      MACROECONOMIC OUTLOOK  219

14.4.2      US           224

14.4.2.1  Growing number of residential and commercial construction projects to drive market       224

14.4.3      CANADA               226

14.4.3.1  Increased investments in residential and non-residential construction activities to drive market              226

14.4.4      MEXICO                228

14.4.4.1  Increased investments in private and public sectors to drive market    228

14.5         MIDDLE EAST   231

14.5.1      MACROECONOMIC OUTLOOK  231

14.5.2      QATAR 235

14.5.2.1  Development in real estate sector to drive market growth                 235

14.5.3      SAUDI ARABIA  237

14.5.3.1  Introduction of Vision 2030 to drive market    237

14.5.4      UAE        239

14.5.4.1  Rise in tourism activities to drive growth          239

14.5.5      REST OF MIDDLE EAST 242

14.6         REST OF THE WORLD    244

14.6.1      MACROECONOMIC OUTLOOK  244

14.6.2      RUSSIA 248

14.6.2.1  Russia-Ukraine conflict to threaten demand   248

14.6.3      SOUTH AFRICA 251

14.6.3.1  Rapid pace of infrastructural development to propel growth                 251

14.6.4      BRAZIL 253

14.6.4.1  Booming hospitality sector to drive market      253

14.6.5      OTHERS                255

14.7         INDUSTRY INSIGHTS     257

15            COMPETITIVE LANDSCAPE         258

15.1         OVERVIEW          258

15.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025                 258

15.3         MARKET SHARE ANALYSIS, 2024                 260

15.4         REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023                 262

15.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 263

15.5.1      STARS   263

15.5.2      EMERGING LEADERS     263

15.5.3      PERVASIVE PLAYERS      263

15.5.4      PARTICIPANTS 263

15.5.5      COMPANY FOOTPRINT 265

15.5.5.1  Overall company footprint  265

15.5.5.2  Region footprint   266

15.5.5.3  Equipment type footprint    267

15.5.5.4  Propulsion type footprint    268

15.5.5.5  Function footprint                269

15.6         COMPANY VALUATION 270

15.7         FINANCIAL METRICS      270

15.8         BRAND/PRODUCT COMPARISON             271

15.9         COMPETITIVE SCENARIO             272

15.9.1      PRODUCT LAUNCHES   272

15.9.2      DEALS  276

15.9.3      EXPANSION        278

15.9.4      OTHER DEVELOPMENTS              281

16            COMPANY PROFILES      282

16.1         KEY PLAYERS     282

16.1.1      DOOSAN BOBCAT           282

16.1.1.1  Business overview 282

16.1.1.2  Products offered   283

16.1.1.3  Recent developments           284

16.1.1.3.1                Product launches  284

16.1.1.3.2                Deals      284

16.1.1.3.3                Expansion              285

16.1.1.4  MnM view              286

16.1.1.4.1                Key strengths        286

16.1.1.4.2                Strategic choices   286

16.1.1.4.3                Weaknesses and competitive threats 286

16.1.2      CATERPILLAR    287

16.1.2.1  Business overview 287

16.1.2.2  Products offered   288

16.1.2.3  Recent developments           289

16.1.2.3.1                Product launches  289

16.1.2.3.2                Deals      290

16.1.2.3.3                Expansion              291

16.1.2.4  MnM view              292

16.1.2.4.1                Key strengths        292

16.1.2.4.2                Strategic choices   292

16.1.2.4.3                Weaknesses and competitive threats 292

16.1.3      CNH INDUSTRIAL N.V.  293

16.1.3.1  Business overview 293

16.1.3.2  Products offered   294

16.1.3.3  Recent developments           295

16.1.3.3.1                Product launches  295

16.1.3.3.2                Deals      296

16.1.3.3.3                Expansion              296

16.1.3.3.4                Other developments             297

16.1.3.4  MnM view              297

16.1.3.4.1                Key strengths        297

16.1.3.4.2                Strategic choices   297

16.1.3.4.3                Weaknesses and competitive threats 297

16.1.4      KUBOTA CORPORATION              298

16.1.4.1  Business overview 298

16.1.4.2  Products offered   299

16.1.4.3  Recent developments           300

16.1.4.3.1                Product launches  300

16.1.4.3.2                Expansion              301

16.1.4.4  MnM view              302

16.1.4.4.1                Key strengths        302

16.1.4.4.2                Strategic choices   302

16.1.4.4.3                Weaknesses and competitive threats 302

16.1.5      J C BAMFORD EXCAVATORS LTD.             303

16.1.5.1  Business overview 303

16.1.5.2  Products offered   304

16.1.5.3  Recent developments           304

16.1.5.3.1                Product launches  304

16.1.5.3.2                Deals      305

16.1.5.3.3                Expansion              305

16.1.5.3.4                Other developments             305

16.1.5.4  MnM view              306

16.1.5.4.1                Key strengths        306

16.1.5.4.2                Strategic choices   306

16.1.5.4.3                Weaknesses and competitive threats 306

16.1.6      KOMATSU LTD.                 307

16.1.6.1  Business overview 307

16.1.6.2  Products offered   308

16.1.6.3  Recent developments           309

16.1.6.3.1                Product launches  309

16.1.6.3.2                Deals      310

16.1.6.3.3                Expansion              310

16.1.7      DEERE & COMPANY        311

16.1.7.1  Business overview 311

16.1.7.2  Products offered   312

16.1.7.3  Recent developments           313

16.1.7.3.1                Product launches  313

16.1.7.3.2                Deals      315

16.1.8      HITACHI CONSTRUCTION MACHINERY CO., LTD.                 316

16.1.8.1  Business overview 316

16.1.8.2  Products offered   317

16.1.8.3  Recent developments           318

16.1.8.3.1                Product launches  318

16.1.8.3.2                Deals      318

16.1.8.3.3                Expansion              319

16.1.9      AB VOLVO           320

16.1.9.1  Business overview 320

16.1.9.2  Products offered   321

16.1.9.3  Recent developments           322

16.1.9.3.1                Product launches  322

16.1.9.3.2                Deals      322

16.1.9.3.3                Expansion              323

16.1.10   SANY GROUP     324

16.1.10.1                 Business overview 324

16.1.10.2                 Products offered   325

16.1.10.3                 Recent developments           326

16.1.10.3.1             Product launches  326

16.1.10.3.2             Deals      326

16.1.10.3.3             Expansion              327

16.1.11   XCMG GROUP   328

16.1.11.1                 Business overview 328

16.1.11.2                 Products offered   329

16.1.11.3                 Recent developments           329

16.1.11.3.1             Product launches  329

16.1.11.3.2             Deals      330

16.1.11.3.3             Expansion              330

16.1.12   ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.              331

16.1.12.1                 Business overview 331

16.1.12.2                 Products offered   332

16.1.13   KOBELCO CONSTRUCTION MACHINERY CO., LTD.                 333

16.1.13.1                 Business overview 333

16.1.13.2                 Products offered   333

16.1.13.3                 Recent developments           334

16.1.13.3.1             Deals      334

16.1.13.3.2             Expansion              334

16.1.13.3.3             Other developments             334

16.1.14   HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.                 335

16.1.14.1                 Business overview 335

16.1.14.2                 Products offered   336

16.1.14.3                 Recent developments           336

16.1.14.3.1             Product launches  336

16.1.14.3.2             Expansion              337

16.1.15   YANMAR HOLDINGS CO., LTD.  338

16.1.15.1                 Business overview 338

16.1.15.2                 Products offered   339

16.1.15.3                 Recent developments           339

16.1.15.3.1             Product launches  339

16.1.15.3.2             Deals      339

16.1.15.3.3             Expansion              340

16.1.15.3.4             Other developments             340

16.1.16   SUMITOMO CONSTRUCTION MACHINERY CO., LTD.                 341

16.1.16.1                 Business overview 341

16.1.16.2                 Products offered   341

16.2         OTHER PLAYERS              342

16.2.1      WACKER NEUSON SE      342

16.2.2      LIUGONG MACHINERY CO., LTD.             343

16.2.3      ESCORTS KUBOTA LIMITED       344

16.2.4      MANITOU GROUP           345

16.2.5      LIEBHERR            346

16.2.6      AMMANN GROUP             347

16.2.7      SHANTUI CONSTRUCTION MACHINERY CO., LTD                 348

16.2.8      GEHL     349

16.2.9      THE CHARLES MACHINE WORKS, INC.   350

16.2.10   DINGSHENG TIANGONG CONSTRUCTION MACHINERY CO., LTD.             350

17            RECOMMENDATIONS BY MARKETSANDMARKETS                 351

17.1         MARKET FOR COMPACT CONSTRUCTION EQUIPMENT WITH ADVANCED TECHNOLOGY AND TELEMATIC SOLUTIONS TO GROW IN NORTH AMERICA 351

17.2         ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET TO GROW AT SIGNIFICANT RATE DURING FORECAST PERIOD                352

17.3         CONCLUSION    352

18            APPENDIX           353

18.1         INSIGHTS FROM INDUSTRY EXPERTS     353

18.2         DISCUSSION GUIDE        354

18.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                356

18.4         CUSTOMIZATION OPTIONS        358

18.4.1      COMPACT CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY       358

18.4.2      ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY 358

18.5         RELATED REPORTS         359

18.6         AUTHOR DETAILS           360

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2019–2023            36

TABLE 2                DIGITAL SERVICES OFFERED BY CONSTRUCTION EQUIPMENT OEMS      63

TABLE 3                AVERAGE SELLING PRICE TREND, BY EQUIPMENT TYPE,

2022–2024 (USD THOUSAND PER UNIT) 70

TABLE 4                AVERAGE SELLING PRICE TREND, BY REGION,

2022–2024 (USD THOUSAND PER UNIT) 71

TABLE 5                CONSTRUCTION EQUIPMENT MARKET: ROLE OF COMPANIES IN ECOSYSTEM 73

TABLE 6                PATENTS PUBLISHED, 2022–2024               77

TABLE 7                US: IMPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/EXPORTER, 2019–2023 (USD THOUSAND) 81

TABLE 8                FRANCE: IMPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/EXPORTER, 2019–2023 (USD THOUSAND) 81

TABLE 9                CANADA: IMPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/EXPORTER, 2019–2023 (USD THOUSAND) 82

TABLE 10              MEXICO: IMPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/EXPORTER, 2019–2023 (USD THOUSAND) 82

TABLE 11              RUSSIA: IMPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/EXPORTER, 2019–2023 (USD THOUSAND) 82

TABLE 12              UK: EXPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/IMPORTER, 2019–2023 (USD THOUSAND) 83

TABLE 13              US: EXPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/IMPORTER, 2019–2023 (USD THOUSAND) 83

TABLE 14              INDIA: EXPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/IMPORTER, 2019–2023 (USD THOUSAND) 84

TABLE 15              TÜRKIYE: EXPORT DATA FORM HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/IMPORTER, 2019–2023 (USD THOUSAND) 84

TABLE 16              CHINA: EXPORT DATA FOR HS CODE 842959-COMPLIANT PRODUCTS,

BY COUNTRY/IMPORTER, 2019–2023 (USD THOUSAND) 84

TABLE 17              US: REGULATION LIMITS FOR U.S. TIER 5 NON-ROAD EMISSION STANDARDS    86

TABLE 18              EUROPEAN UNION: STAGE V VS. VI EMISSION STANDARDS      87

TABLE 19              CHINA: IV EMISSION STANDARDS            87

TABLE 20              INDIA: CEV IV EMISSION STANDARDS    88

TABLE 21              INDIA: CEV V EMISSION STANDARDS     88

TABLE 22              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  88

TABLE 23              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  90

TABLE 24              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  91

TABLE 25              MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  92

TABLE 26              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  92

TABLE 27              KEY CONFERENCES & EVENTS, 2025         93

TABLE 28              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY PROPULSION TYPE (%)      94

TABLE 29              KEY BUYING CRITERIA FOR PROPULSION TYPES                 95

TABLE 30              STRATEGIES ADOPTED BY OEMS IN COMPACT CONSTRUCTION

EQUIPMENT MARKET    100

TABLE 31              BACKHOE LOADERS (> 25 HP TO 90 HP): GLOBAL SHIPMENT, BY OEM, 2023           102

TABLE 32              TELEHANDLERS (UP TO 110 HP): GLOBAL SHIPMENT, BY OEM, 2023              103

TABLE 33              MINI EXCAVATORS (> 25 HP TO 100 HP): GLOBAL SHIPMENT, BY OEM, 2023           103

TABLE 34              SKID STEER LOADERS (> 25 HP TO 100 HP): GLOBAL SHIPMENT, BY OEM, 2023           104

TABLE 35              COMPACT TRACK LOADERS (UP TO 100 HP): GLOBAL SHIPMENT, BY OEM, 2023           104

TABLE 36              COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY ENGINE CAPACITY, 2021–2024 (UNITS)             106

TABLE 37              COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY ENGINE CAPACITY, 2025–2032 (UNITS)             107

TABLE 38              COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY ENGINE CAPACITY, 2021–2024 (USD MILLION)              107

TABLE 39              COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY ENGINE CAPACITY, 2025–2032 (USD MILLION)              107

TABLE 40              < 2 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  108

TABLE 41              < 2 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  108

TABLE 42              < 2 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   109

TABLE 43              < 2 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   109

TABLE 44              2–3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  110

TABLE 45              2–3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  111

TABLE 46              2–3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   111

TABLE 47              2–3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   111

TABLE 48              ABOVE 3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  112

TABLE 49              ABOVE 3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  112

TABLE 50              ABOVE 3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   113

TABLE 51              ABOVE 3.5 L: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   113

TABLE 52              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2021–2024 (UNITS)            116

TABLE 53              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2025–2032 (UNITS)            116

TABLE 54              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2021–2024 (USD MILLION)            117

TABLE 55              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2025–2032 (USD MILLION)            117

TABLE 56              BACKHOE LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  118

TABLE 57              BACKHOE LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  118

TABLE 58              BACKHOE LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   119

TABLE 59              BACKHOE LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   119

TABLE 60              COMPACT TRACK LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  120

TABLE 61              COMPACT TRACK LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  120

TABLE 62              COMPACT TRACK LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   121

TABLE 63              COMPACT TRACK LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   121

TABLE 64              MINI EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  122

TABLE 65              MINI EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  122

TABLE 66              MINI EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   123

TABLE 67              MINI EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   123

TABLE 68              SKID STEER LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  124

TABLE 69              SKID STEER LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  124

TABLE 70              SKID STEER LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   124

TABLE 71              SKID STEER LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   125

TABLE 72              WHEELED EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  125

TABLE 73              WHEELED EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  126

TABLE 74              WHEELED EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   126

TABLE 75              WHEELED EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   126

TABLE 76              WHEELED LOADERS < 80 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  127

TABLE 77              WHEELED LOADERS < 80 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  127

TABLE 78              WHEELED LOADERS < 80 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   128

TABLE 79              WHEELED LOADERS < 80 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   128

TABLE 80              COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  129

TABLE 81              COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  129

TABLE 82              COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   129

TABLE 83              COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   130

TABLE 84              TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  131

TABLE 85              TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  131

TABLE 86              TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   131

TABLE 87              TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   132

TABLE 88              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY FUNCTION,

2021–2024 (UNITS)            134

TABLE 89              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY FUNCTION,

2025–2032 (UNITS)            134

TABLE 90              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY FUNCTION,

2021–2024 (USD MILLION)            135

TABLE 91              COMPACT CONSTRUCTION EQUIPMENT MARKET, BY FUNCTION,

2025–2032 (USD MILLION)            135

TABLE 92              LOADING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  136

TABLE 93              LOADING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  136

TABLE 94              LOADING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   136

TABLE 95              LOADING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   137

TABLE 96              EXCAVATION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  137

TABLE 97              EXCAVATION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  138

TABLE 98              EXCAVATION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   138

TABLE 99              EXCAVATION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   138

TABLE 100            LIFTING & HOISTING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  139

TABLE 101            LIFTING & HOISTING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  139

TABLE 102            LIFTING & HOISTING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   140

TABLE 103            LIFTING & HOISTING: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   140

TABLE 104            COMPACTION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  141

TABLE 105            COMPACTION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  141

TABLE 106            COMPACTION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   141

TABLE 107            COMPACTION: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   142

TABLE 108            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY POWER OUTPUT, 2021–2024 (UNITS)               144

TABLE 109            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY POWER OUTPUT, 2025–2032 (UNITS)                 144

TABLE 110            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2021–2024 (USD MILLION)            145

TABLE 111            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2025–2032 (USD MILLION)            145

TABLE 112            ≤ 30 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  146

TABLE 113            ≤ 30 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  146

TABLE 114            ≤ 30 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   146

TABLE 115            ≤ 30 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   147

TABLE 116            31–60 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  147

TABLE 117            31–60 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  148

TABLE 118            31–60 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   148

TABLE 119            31–60 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   148

TABLE 120            61–100 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  149

TABLE 121            61–100 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  149

TABLE 122            61–100 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   150

TABLE 123            61–100 HP: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   150

TABLE 124            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,

2021–2024 (UNITS)            152

TABLE 125            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,

2025–2032 (UNITS)            152

TABLE 126            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,

2021–2024 (USD MILLION)            153

TABLE 127            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,

2025–2032 (USD MILLION)            153

TABLE 128            DIESEL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  154

TABLE 129            DIESEL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  154

TABLE 130            DIESEL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   154

TABLE 131            DIESEL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   155

TABLE 132            CONSTRUCTION EQUIPMENT OPERATING ON CNG/LNG/RNG, BY OEM               155

TABLE 133            CNG/LNG/RNG: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  156

TABLE 134            CNG/LNG/RNG: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  156

TABLE 135            CNG/LNG/RNG: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   156

TABLE 136            CNG/LNG/RNG: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   157

TABLE 137            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MODELS, BY KEY OEM        159

TABLE 138            HYDROGEN-PROPELLED COMPACT CONSTRUCTION EQUIPMENT MODELS

UNDER DEVELOPMENT, BY KEY OEM    160

TABLE 139            ELECTRIC & HYDROGEN COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY PROPULSION TYPE, 2021–2024 (UNITS)            161

TABLE 140            ELECTRIC & HYDROGEN COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY PROPULSION TYPE, 2025–2032 (UNITS)            161

TABLE 141            ELECTRIC & HYDROGEN COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY PROPULSION TYPE, 2021–2024 (USD MILLION)             162

TABLE 142            ELECTRIC & HYDROGEN COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY PROPULSION TYPE, 2025–2032 (USD MILLION)             162

TABLE 143            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              163

TABLE 144            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              163

TABLE 145            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              163

TABLE 146            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              164

TABLE 147            ELECTRIC LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  164

TABLE 148            ELECTRIC LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  165

TABLE 149            ELECTRIC LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   165

TABLE 150            ELECTRIC LOADERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   165

TABLE 151            ELECTRIC EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  166

TABLE 152            ELECTRIC EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  166

TABLE 153            ELECTRIC EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   166

TABLE 154            ELECTRIC EXCAVATORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   167

TABLE 155            ELECTRIC COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  167

TABLE 156            ELECTRIC COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  168

TABLE 157            ELECTRIC COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   168

TABLE 158            ELECTRIC COMPACTORS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   168

TABLE 159            ELECTRIC TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  169

TABLE 160            ELECTRIC TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  169

TABLE 161            ELECTRIC TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   169

TABLE 162            ELECTRIC TELEHANDLERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   170

TABLE 163            HYDROGEN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  170

TABLE 164            HYDROGEN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   171

TABLE 165            COMPARISON BETWEEN LITHIUM IRON PHOSPHATE (LFP) AND NICKEL MANGANESE COBALT (NMC)                 173

TABLE 166            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY BATTERY CHEMISTRY, 2021–2024 (UNITS)      174

TABLE 167            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY BATTERY CHEMISTRY, 2025–2032 (UNITS)      174

TABLE 168            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY BATTERY CHEMISTRY, 2021–2024 (USD MILLION)       174

TABLE 169            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY BATTERY CHEMISTRY, 2025–2032 (USD MILLION)       175

TABLE 170            LITHIUM IRON PHOSPHATE (LFP): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)            175

TABLE 171            LITHIUM IRON PHOSPHATE (LFP): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2032 (UNITS)            176

TABLE 172            LITHIUM IRON PHOSPHATE (LFP): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)            176

TABLE 173            LITHIUM IRON PHOSPHATE (LFP): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)            176

TABLE 174            LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)  177

TABLE 175            LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2032 (UNITS)  177

TABLE 176            LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)   178

TABLE 177            LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)   178

TABLE 178            OTHER BATTERIES: ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (UNITS)  179

TABLE 179            OTHER BATTERIES: ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (UNITS)  179

TABLE 180            OTHER BATTERIES: ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   179

TABLE 181            OTHER BATTERIES: ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   179

TABLE 182            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)               182

TABLE 183            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2032 (UNITS)               183

TABLE 184            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2021–2024 (USD MILLION)            183

TABLE 185            COMPACT CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2025–2032 (USD MILLION)            183

TABLE 186            ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (UNITS)            188

TABLE 187            ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (UNITS)            188

TABLE 188            ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (USD MILLION)            188

TABLE 189            ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (USD MILLION)            189

TABLE 190            CHINA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              189

TABLE 191            CHINA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              190

TABLE 192            CHINA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              190

TABLE 193            CHINA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              191

TABLE 194            INDIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              192

TABLE 195            INDIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              192

TABLE 196            INDIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              193

TABLE 197            INDIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              193

TABLE 198            JAPAN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              194

TABLE 199            JAPAN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              194

TABLE 200            JAPAN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              195

TABLE 201            JAPAN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              195

TABLE 202            INDONESIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              196

TABLE 203            INDONESIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              196

TABLE 204            INDONESIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              197

TABLE 205            INDONESIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              197

TABLE 206            REST OF ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              198

TABLE 207            REST OF ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              198

TABLE 208            REST OF ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              199

TABLE 209            REST OF ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              199

TABLE 210            EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (UNITS)            204

TABLE 211            EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (UNITS)            204

TABLE 212            EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (USD MILLION)            204

TABLE 213            EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (USD MILLION)            205

TABLE 214            GERMANY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              205

TABLE 215            GERMANY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              206

TABLE 216            GERMANY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              206

TABLE 217            GERMANY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              207

TABLE 218            UK: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              208

TABLE 219            UK: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              208

TABLE 220            UK: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              209

TABLE 221            UK: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              209

TABLE 222            FRANCE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              210

TABLE 223            FRANCE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              210

TABLE 224            FRANCE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              211

TABLE 225            FRANCE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032(USD MILLION)               211

TABLE 226            ITALY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              212

TABLE 227            ITALY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              213

TABLE 228            ITALY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              213

TABLE 229            ITALY: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              214

TABLE 230            SPAIN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              214

TABLE 231            SPAIN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              215

TABLE 232            SPAIN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              215

TABLE 233            SPAIN: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              216

TABLE 234            REST OF EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              217

TABLE 235            REST OF EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              217

TABLE 236            REST OF EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              218

TABLE 237            REST OF EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              218

TABLE 238            NORTH AMERICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2021–2024 (UNITS)              223

TABLE 239            NORTH AMERICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2025–2032 (UNITS)              223

TABLE 240            NORTH AMERICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               223

TABLE 241            NORTH AMERICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               223

TABLE 242            US: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              224

TABLE 243            US: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              225

TABLE 244            US: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              225

TABLE 245            US: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              226

TABLE 246            CANADA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              227

TABLE 247            CANADA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              227

TABLE 248            CANADA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              228

TABLE 249            CANADA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              228

TABLE 250            MEXICO: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              229

TABLE 251            MEXICO: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              229

TABLE 252            MEXICO: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              230

TABLE 253            MEXICO: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              230

TABLE 254            MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (UNITS)            234

TABLE 255            MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (UNITS)            234

TABLE 256            MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (USD MILLION)            234

TABLE 257            MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (USD MILLION)            235

TABLE 258            QATAR: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              235

TABLE 259            QATAR: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              236

TABLE 260            QATAR: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              236

TABLE 261            QATAR: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              237

TABLE 262            SAUDI ARABIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              237

TABLE 263            SAUDI ARABIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              238

TABLE 264            SAUDI ARABIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              238

TABLE 265            SAUDI ARABIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              239

TABLE 266            UAE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              240

TABLE 267            UAE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              240

TABLE 268            UAE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              241

TABLE 269            UAE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              241

TABLE 270            REST OF MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              242

TABLE 271            REST OF MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              243

TABLE 272            REST OF MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              243

TABLE 273            REST OF MIDDLE EAST: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              244

TABLE 274            REST OF THE WORLD: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (UNITS)            247

TABLE 275            REST OF THE WORLD: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (UNITS)            247

TABLE 276            REST OF THE WORLD: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (USD MILLION)            248

TABLE 277            REST OF THE WORLD: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (USD MILLION)            248

TABLE 278            RUSSIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              249

TABLE 279            RUSSIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              249

TABLE 280            RUSSIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              250

TABLE 281            RUSSIA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              250

TABLE 282            SOUTH AFRICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              251

TABLE 283            SOUTH AFRICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              252

TABLE 284            SOUTH AFRICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              252

TABLE 285            SOUTH AFRICA: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              253

TABLE 286            BRAZIL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024(UNITS)               253

TABLE 287            BRAZIL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              254

TABLE 288            BRAZIL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              254

TABLE 289            BRAZIL: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              255

TABLE 290            OTHERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (UNITS)              255

TABLE 291            OTHERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (UNITS)              256

TABLE 292            OTHERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2021–2024 (USD MILLION)              256

TABLE 293            OTHERS: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025–2032 (USD MILLION)              257

TABLE 294            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025        258

TABLE 295            COMPACT CONSTRUCTION EQUIPMENT MARKET: DEGREE OF COMPETITION, 2024          261

TABLE 296            REGION FOOTPRINT     266

TABLE 297            EQUIPMENT TYPE FOOTPRINT 267

TABLE 298            PROPULSION TYPE FOOTPRINT               268

TABLE 299            FUNCTION FOOTPRINT                269

TABLE 300            COMPACT CONSTRUCTION EQUIPMENT MARKET: PRODUCT LAUNCHES,

JUNE 2021–JANUARY 2025              272

TABLE 301            COMPACT CONSTRUCTION EQUIPMENT MARKET: DEALS,

JUNE 2021– JANUARY 2025             276

TABLE 302            COMPACT CONSTRUCTION EQUIPMENT MARKET: EXPANSION,

JUNE 2021–JANUARY 2025              278

TABLE 303            COMPACT CONSTRUCTION EQUIPMENT MARKET: OTHER DEVELOPMENTS,

JUNE 2021–JANUARY 2025              281

TABLE 304            DOOSAN BOBCAT: COMPANY OVERVIEW                 282

TABLE 305            DOOSAN BOBCAT: PRODUCTS OFFERED                 283

TABLE 306            DOOSAN BOBCAT: PRODUCT LAUNCHES                 284

TABLE 307            DOOSAN BOBCAT:          284

TABLE 308            DOOSAN BOBCAT: EXPANSION 285

TABLE 309            CATERPILLAR: COMPANY OVERVIEW    287

TABLE 310            CATERPILLAR: PRODUCTS OFFERED     288

TABLE 311            CATERPILLAR: PRODUCT LAUNCHES    289

TABLE 312            CATERPILLAR: DEALS    290

TABLE 313            CATERPILLAR: EXPANSION         291

TABLE 314            CNH INDUSTRIAL N.V.: COMPANY OVERVIEW                 293

TABLE 315            CNH INDUSTRIAL N.V.: PRODUCTS OFFERED                 294

TABLE 316            CNH INDUSTRIAL N.V.: PRODUCT LAUNCHES                 295

TABLE 317            CNH INDUSTRIAL N.V.: DEALS   296

TABLE 318            CNH INDUSTRIAL N.V.: EXPANSION        296

TABLE 319            CNH INDUSTRIAL N.V.: OTHER DEVELOPMENTS              297

TABLE 320            KUBOTA CORPORATION: COMPANY OVERVIEW                 298

TABLE 321            KUBOTA CORPORATION: PRODUCTS OFFERED                 299

TABLE 322            KUBOTA CORPORATION: PRODUCT LAUNCHES                 300

TABLE 323            KUBOTA CORPORATION: EXPANSION   301

TABLE 324            J C BAMFORD EXCAVATORS LTD.: COMPANY OVERVIEW          303

TABLE 325            J C BAMFORD EXCAVATORS LTD.: PRODUCTS OFFERED             304

TABLE 326            J C BAMFORD EXCAVATORS LTD.: PRODUCT LAUNCHES          304

TABLE 327            J C BAMFORD EXCAVATORS LTD.: DEALS                 305

TABLE 328            J C BAMFORD EXCAVATORS LTD.: EXPANSION                 305

TABLE 329            J C BAMFORD EXCAVATORS LTD.: OTHER DEVELOPMENTS              305

TABLE 330            KOMATSU LTD.: COMPANY OVERVIEW 307

TABLE 331            KOMATSU LTD.: PRODUCTS OFFERED 308

TABLE 332            KOMATSU LTD.: PRODUCT LAUNCHES 309

TABLE 333            KOMATSU LTD.: DEALS 310

TABLE 334            KOMATSU LTD.: EXPANSION     310

TABLE 335            DEERE & COMPANY: COMPANY OVERVIEW                 311

TABLE 336            DEERE & COMPANY: PRODUCTS OFFERED                 312

TABLE 337            DEERE & COMPANY: PRODUCT LAUNCHES                 313

TABLE 338            DEERE & COMPANY: DEALS        315

TABLE 339            DEERE & COMPANY: EXPANSION              315

TABLE 340            HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW       316

TABLE 341            HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED        317

TABLE 342            HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES       318

TABLE 343            HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS       318

TABLE 344            HITACHI CONSTRUCTION MACHINERY CO., LTD.: EXPANSION            319

TABLE 345            AB VOLVO: COMPANY OVERVIEW           320

TABLE 346            AB VOLVO: PRODUCTS OFFERED            321

TABLE 347            AB VOLVO: PRODUCT LAUNCHES            322

TABLE 348            AB VOLVO: DEALS           322

TABLE 349            AB VOLVO: EXPANSION                323

TABLE 350            SANY GROUP: COMPANY OVERVIEW      324

TABLE 351            SANY GROUP: PRODUCTS OFFERED       325

TABLE 352            SANY GROUP: PRODUCT LAUNCHES      326

TABLE 353            SANY GROUP: DEALS     326

TABLE 354            SANY GROUP: EXPANSION           327

TABLE 355            XCMG GROUP: COMPANY OVERVIEW    328

TABLE 356            XCMG GROUP: PRODUCTS OFFERED     329

TABLE 357            XCMG GROUP: PRODUCT LAUNCHES    329

TABLE 358            XCMG GROUP: DEALS   330

TABLE 359            XCMG GROUP: EXPANSION         330

TABLE 360            ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

COMPANY OVERVIEW   331

TABLE 361            ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

PRODUCTS OFFERED    332

TABLE 362            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW       333

TABLE 363            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED        333

TABLE 364            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: DEALS       334

TABLE 365            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: EXPANSION            334

TABLE 366            KOBELCO CONSTRUCTION MACHINERY CO., LTD: OTHER DEVELOPMENTS  334

TABLE 367            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY OVERVIEW              335

TABLE 368            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: PRODUCTS OFFERED               336

TABLE 369            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: PRODUCT LAUNCHES              336

TABLE 370            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: EXPANSION   337

TABLE 371            YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW          338

TABLE 372            YANMAR HOLDINGS CO., LTD.: PRODUCTS OFFERED             339

TABLE 373            YANMAR HOLDINGS CO., LTD.: PRODUCT LAUNCHES          339

TABLE 374            YANMAR HOLDINGS CO., LTD.: DEALS  339

TABLE 375            YANMAR HOLDINGS CO., LTD.: EXPANSION                 340

TABLE 376            YANMAR HOLDINGS CO., LTD.: OTHER DEVELOPMENTS              340

TABLE 377            SUMITOMO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW       341

TABLE 378            SUMITOMO CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED        341

TABLE 379            WACKER NEUSON SE: COMPANY OVERVIEW                 342

TABLE 380            LIUGONG MACHINERY CO., LTD.: COMPANY OVERVIEW          343

TABLE 381            ESCORTS KUBOTA LIMITED: COMPANY OVERVIEW          344

TABLE 382            MANITOU GROUP: COMPANY OVERVIEW                 345

TABLE 383            LIEBHERR: COMPANY OVERVIEW             346

TABLE 384            AMMANN GROUP: COMPANY OVERVIEW                 347

TABLE 385            SHANTUI CONSTRUCTION MACHINERY CO., LTD: COMPANY OVERVIEW        348

TABLE 386            GEHL: COMPANY OVERVIEW     349

TABLE 387            THE CHARLES MACHINE WORKS, INC.: COMPANY OVERVIEW   350

TABLE 388            DINGSHENG TIANGONG CONSTRUCTION MACHINERY CO., LTD.:

COMPANY OVERVIEW   350

LIST OF FIGURES

FIGURE 1              RESEARCH DESIGN         38

FIGURE 2              RESEARCH METHODOLOGY MODEL      39

FIGURE 3              BREAKDOWN OF PRIMARY INTERVIEWS                 41

FIGURE 4              RESEARCH METHODOLOGY: HYPOTHESIS BUILDING           42

FIGURE 5              BOTTOM-UP APPROACH: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, COUNTRY, AND REGION                43

FIGURE 6              TOP-DOWN APPROACH: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY FUNCTION, PROPULSION TYPE, POWER OUTPUT, AND ENGINE CAPACITY          44

FIGURE 7              DATA TRIANGULATION                45

FIGURE 8              FACTORS IMPACTING MARKET 46

FIGURE 9              DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS            46

FIGURE 10            COMPACT CONSTRUCTION EQUIPMENT MARKET OVERVIEW       49

FIGURE 11            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025 VS. 2032 (USD MILLION)             50

FIGURE 12           COMPACT CONSTRUCTION EQUIPMENT SALES, BY EQUIPMENT TYPE,

2021–2024 (%)     51

FIGURE 13            INCREASED INVESTMENTS IN RESIDENTIAL AND COMMERCIAL SECTORS

TO DRIVE MARKET         53

FIGURE 14            MINI EXCAVATORS SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD          54

FIGURE 15            DIESEL SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARE DURING

FORECAST PERIOD         54

FIGURE 16            LOADING SEGMENT TO SURPASS OTHER SEGMENTS IN TERMS OF MARKET SHARE DURING FORECAST PERIOD                55

FIGURE 17            2–3.5 L SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2025   55

FIGURE 18            61–100 HP TO BE DOMINANT SEGMENT DURING FORECAST PERIOD         56

FIGURE 19            ELECTRIC LOADERS TO BE DOMINANT SEGMENT DURING FORECAST PERIOD 56

FIGURE 20            ELECTRIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       57

FIGURE 21            LITHIUM IRON PHOSPHATE (LFP) SEGMENT TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD                 57

FIGURE 22            NORTH AMERICA TO LEAD MARKET DURING FORECAST PERIOD         58

FIGURE 23            COMPACT CONSTRUCTION EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    59

FIGURE 24            INVESTMENT & FUNDING SCENARIO, 2020–2024 (USD BILLION) 68

FIGURE 25            TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS   69

FIGURE 26            AVERAGE SELLING PRICE TREND, BY EQUIPMENT TYPE,

2022–2024 (USD THOUSAND PER UNIT) 70

FIGURE 27            AVERAGE SELLING PRICE TREND, BY REGION,

2022–2024 (USD THOUSAND PER UNIT) 71

FIGURE 28            CONSTRUCTION EQUIPMENT MARKET ECOSYSTEM       72

FIGURE 29            OFF-HIGHWAY VEHICLE MARKET ECOSYSTEM                 72

FIGURE 30            SUPPLY CHAIN ANALYSIS             74

FIGURE 31            PATENT ANALYSIS, 2013–2024     76

FIGURE 32            OFF-HIGHWAY MACHINERY REGULATIONS, BY COUNTRY, 2019–2030      85

FIGURE 33            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY PROPULSION TYPE              94

FIGURE 34            KEY BUYING CRITERIA FOR PROPULSION TYPES                 95

FIGURE 35            BATTERY CAPACITIES OF ELECTRIC COMPACT CONSTRUCTION

EQUIPMENT TYPES, BY OEM, 2024            96

FIGURE 36            BACKHOE LOADERS: ENGINE CAPACITY VS. POWER OUTPUT, 2024   97

FIGURE 37            COMPACT TRACK LOADERS: ENGINE CAPACITY VS. POWER OUTPUT, 2024            98

FIGURE 38            SKID STEER LOADERS: ENGINE CAPACITY VS. POWER OUTPUT, 2024   99

FIGURE 39            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY ENGINE CAPACITY, 2025 VS. 2032 (USD MILLION)       106

FIGURE 40            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025 VS. 2032 (USD MILLION)        115

FIGURE 41            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY FUNCTION, 2025 VS. 2032 (USD MILLION)       134

FIGURE 42            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY POWER OUTPUT, 2025 VS. 2032 (USD MILLION)           144

FIGURE 43            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY PROPULSION TYPE, 2025 VS. 2032 (USD MILLION)      152

FIGURE 44            ELECTRIC & HYDROGEN COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY PROPULSION TYPE, 2025 VS. 2032 (USD MILLION)      161

FIGURE 45            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2025 VS. 2032 (USD MILLION)        162

FIGURE 46            ELECTRIC COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY BATTERY CHEMISTRY, 2025 VS. 2032 (USD MILLION) 173

FIGURE 47            COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2025 VS. 2032 (USD MILLION)             182

FIGURE 48            ASIA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026              185

FIGURE 49            ASIA: GDP PER CAPITA, BY COUNTRY, 2024–2026 (USD)    185

FIGURE 50            ASIA: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026                186

FIGURE 51            ASIA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2024 (USD TRILLION)     186

FIGURE 52            ASIA: COMPACT CONSTRUCTION EQUIPMENT MARKET SNAPSHOT       187

FIGURE 53            EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026      201

FIGURE 54            EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026 (USD)          201

FIGURE 55            EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2024–2026                202

FIGURE 56            EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2024 (USD TRILLION)     202

FIGURE 57            EUROPE: COMPACT CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025 VS. 2032 (USD MILLION)      203

FIGURE 58            NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2026                220

FIGURE 59            NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2023–2026 (USD)        220

FIGURE 60            NORTH AMERICA: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2023–2026                221

FIGURE 61            NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2024 (USD TRILLION)     221

FIGURE 62            NORTH AMERICA: COMPACT CONSTRUCTION EQUIPMENT MARKET SNAPSHOT            222

FIGURE 63            MIDDLE EAST: REAL GDP GROWTH RATE, 2024–2026        231

FIGURE 64            MIDDLE EAST: GDP PER CAPITA, BY COUNTRY, 2024–2026 (USD)                232

FIGURE 65            MIDDLE EAST: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2024–2026                232

FIGURE 66            MIDDLE EAST: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2024 (USD TRILLION)     233

FIGURE 67            MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY/REGION,

2025 VS. 2032 (USD MILLION)      233

FIGURE 68            REST OF THE WORLD: REAL GDP GROWTH RATE, 2024–2026                 245

FIGURE 69            REST OF THE WORLD: GDP PER CAPITA, 2024–2026 (USD)          245

FIGURE 70            REST OF THE WORLD: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2024–2026                246

FIGURE 71            REST OF THE WORLD: MANUFACTURING INDUSTRY’S CONTRIBUTION

TO GDP, 2024 (USD TRILLION)  246

FIGURE 72            REST OF THE WORLD: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025 VS. 2032 (USD MILLION)      247

FIGURE 73            MARKET SHARE OF KEY PLAYERS, 2024  260

FIGURE 74            REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023 (USD BILLION)             262

FIGURE 75            COMPACT CONSTRUCTION EQUIPMENT MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2024     264

FIGURE 76            COMPANY FOOTPRINT 265

FIGURE 77            VALUATION OF PROMINENT PLAYERS, 2024 (USD BILLION) 270

FIGURE 78            EV/EBITDA OF PROMINENT PLAYERS    270

FIGURE 79            BRAND/PRODUCT COMPARISON             271

FIGURE 80            DOOSAN BOBCAT: COMPANY SNAPSHOT                 283

FIGURE 81            CATERPILLAR: COMPANY SNAPSHOT    288

FIGURE 82            CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT                 294

FIGURE 83            KUBOTA CORPORATION: COMPANY SNAPSHOT          299

FIGURE 84            KOMATSU LTD.: COMPANY SNAPSHOT 308

FIGURE 85            DEERE & COMPANY: COMPANY SNAPSHOT                 312

FIGURE 86            HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT       317

FIGURE 87            AB VOLVO: COMPANY SNAPSHOT           321

FIGURE 88            SANY GROUP: COMPANY SNAPSHOT      325

FIGURE 89            XCMG GROUP: COMPANY SNAPSHOT    328

FIGURE 90            ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

COMPANY SNAPSHOT   331

FIGURE 91            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY SNAPSHOT              335

FIGURE 92            YANMAR HOLDINGS CO., LTD.: COMPANY SNAPSHOT          338