Lucintel Forecasts The Global Compact Excavator Market To Grow With A Cagr Of 3.8% From 2025 To 2031

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According to a market report by Lucintel, the future of the global compact excavator market looks promising with opportunities in the construction, mining, and forestry & agriculture markets. The global compact excavator market is expected to grow with a CAGR of 3.8% from 2025 to 2031. The major drivers for this market are the increasing demand for urban infrastructure development, the rising adoption of fuel efficient equipment, and the growing use in landscaping construction projects.
A more than 150-page report to understand trends, opportunity and forecast in global compact excavator market to 2031 by product type (tail swing and zero tail swing), motor type (electric and diesel), end use (construction, mining, forestry & agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, zero tail swing is expected to witness higher growth over the forecast period.
Within the end use category, forestry & agriculture is expected to witness the highest growth.
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... excavator market.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Sany Group, Nagano Industry, Hitachi Construction Machinery, Komatsu, Doosan Bobcat, Zoomlion Heavy Industry Science and Technology, JCB, Case Construction Equipment, Bharat Earth Movers, KATO Works are the major suppliers in the compact excavator market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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