Mini Excavators Market
The mini excavators market was valued at $7.23 billion in 2017 and is expected to reach $9.77 billion by 2025, registering a CAGR of 4.4% from 2018 to 2025. The construction segment dominated the market, accounting for more than one-third of the total revenue.
Mini excavators are a compact and robust type of construction equipment, with significant scope of application across different end-users. The advancement of technology and engineering capabilities has increased their performance and has provided alternatives to heavier construction equipment. Moreover, the growing popularity of compact construction equipment is expected to provide profitable business opportunities for the market. In addition, the significant number of ongoing construction and infrastructure development projects is also projected to fuel the demand for mini excavators.
Mini excavators find applications across different end-users, such as landscaping, demolishing, picking, excavating, and so on.
The Asia-Pacific region accounted for the major market share due to rapid urbanization and infrastructure development projects. As a result, the Asia-Pacific region is expected to maintain its leading market share during the forecast period with a growth rate of 4.9% from 2018 to 2015.
Europe and North America together accounted for more than half of the mini excavators, due to the popularity of compact and robust construction equipment.
The major players in the global mini excavators market have been focusing on new product development and business expansion strategies to gain a strong foothold in the market. The key players include AB Volvo, Caterpillar, Inc., ukurova Ziraat, Deere & Company, Hitachi, Ltd., Hyundai Construction Equipment, Co., Ltd., J C Bamford Excavators, Ltd., Kobe Steel, Ltd., Komatsu, Ltd., and Takeuchi Mfg. Co., Ltd.
[edit] Related articles on Designing Buildings Wiki
- Bituminous mixing and laying plant.
- Compact construction equipment.
- Compressed air plant.
- Concreting plant.
- Construction plant.
- Construction tools.
- Crane supports.
- Crane regulations.
- Earth-moving plant.
- Excavating plant.
- Forklift truck.
- Hoists.
- How to manage construction plant.
- Lifting devices.
- Piling equipment.
- Plant acquisition.
- Power float.
- Pumps and dewatering equipment.
- Rubble chute.
- Scaffolding.
- Tremie.
- Types of crane.
Featured articles and news
The challenge as PFI agreements come to an end
How construction deals with inherit assets built under long-term contracts.
Skills plan for engineering and building services
Comprehensive industry report highlights persistent skills challenges across the sector.
Choosing the right design team for a D&B Contract
An architect explains the nature and needs of working within this common procurement route.
Statement from the Interim Chief Construction Advisor
Thouria Istephan; Architect and inquiry panel member outlines ongoing work, priorities and next steps.
The 2025 draft NPPF in brief with indicative responses
Local verses National and suitable verses sustainable: Consultation open for just over one week.
Increased vigilance on VAT Domestic Reverse Charge
HMRC bearing down with increasing force on construction consultant says.
Call for greater recognition of professional standards
Chartered bodies representing more than 1.5 million individuals have written to the UK Government.
Cutting carbon, cost and risk in estate management
Lessons from Cardiff Met’s “Halve the Half” initiative.
Inspiring the next generation to fulfil an electrified future
Technical Manager at ECA on the importance of engagement between industry and education.
Repairing historic stone and slate roofs
The need for a code of practice and technical advice note.
Environmental compliance; a checklist for 2026
Legislative changes, policy shifts, phased rollouts, and compliance updates to be aware of.
UKCW London to tackle sector’s most pressing issues
AI and skills development, ecology and the environment, policy and planning and more.
Managing building safety risks
Across an existing residential portfolio; a client's perspective.
ECA support for Gate Safe’s Safe School Gates Campaign.
Core construction skills explained
Preparing for a career in construction.
Retrofitting for resilience with the Leicester Resilience Hub
Community-serving facilities, enhanced as support and essential services for climate-related disruptions.