Skid Steer Loaders Market Report 2026

The skid steer loaders market size has grown steadily in recent years. It will grow from $2.45 billion in 2025 to $2.54 billion in 2026 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to expansion of construction activities, growth of urban infrastructure projects, rising adoption in agriculture and forestry, demand for compact material handling equipment, availability of versatile attachments.

The skid steer loaders market size is expected to see steady growth in the next few years. It will grow to $3.05 billion in 2030 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to increasing shift toward low-emission construction equipment, rising investments in battery-powered machinery, expansion of rental equipment markets, growing demand for high-productivity loaders, increasing focus on smart construction sites. Major trends in the forecast period include increasing adoption of electric skid steer loaders, rising demand for compact construction equipment, growing use of multi-attachment loaders, expansion of skid steers in landscaping applications, enhanced focus on operator comfort and safety.

The expanding construction industry is expected to drive the growth of the skid steer loader market going forward. The construction industry encompasses the commercial manufacturing and trade sector involved in developing, maintaining, and repairing infrastructure. Skid steer loaders are ideal for tasks such as interior demolition, as they can operate in tight spaces where other heavy equipment cannot. They are also widely used in site development, landscaping, and constructing smaller structures, boosting demand for skid steer loaders. For instance, in June 2024, according to TST Europe AG, a Switzerland-based supplier and manufacturer of quick coupling systems, the U.S. construction sector had a market size of approximately $1.98 trillion in 2023, showing growth from the previous year. The projected revenue for 2024 is estimated at $12.3 billion. Therefore, the growth of the construction industry is supporting the skid steer loader market.

Major companies in the skid steer loader market are focusing on innovations such as next-generation electric propulsion systems (NEPS) to reduce emissions, minimize noise, and provide higher torque and energy efficiency compared to conventional diesel-powered loaders. NEPS are advanced battery-driven powertrains that replace internal combustion engines with high-capacity lithium-ion batteries, electric drive motors, and electro-mechanical actuators, enabling zero-emission operation, enhanced torque, and smoother, low-vibration performance. For instance, in March 2023, Bobcat Company, a US-based manufacturer of farm and construction equipment, launched the Bobcat S7X, the world’s first all-electric skid-steer loader. The S7X is powered by a 60.5 kWh lithium-ion battery, with electric drive motors and ball screw actuators handling lift and tilt operations. This combination delivers immediate torque up to three times higher than conventional loaders, while low vibration and near-silent operation provide a smooth and comfortable user experience.

In January 2023, All States Ag Parts, LLC, a US-based provider of replacement agricultural and construction equipment parts, acquired Trojan Tracks for an undisclosed amount. This acquisition aims to expand All States Ag Parts’ aftermarket footprint, enhance distribution capabilities, and strengthen its leadership in supplying rubber tracks and undercarriage components for heavy construction and industrial machinery. Trojan Tracks is a US-based provider of rubber tracks, skid steer tires, and undercarriage parts.

Major companies operating in the skid steer loaders market report include Bobcat Company, CNH Industrial N.V., Komatsu Europe International N.V., Wacker Neuson SE, Caterpillar Inc., Deere & Company, AB Volvo, Kubota Canada Ltd., Liugong Machinery Co. Ltd., J C Bamford Excavators Ltd., Hitachi Construction Machinery Co. Ltd., Takeuchi Manufacturing Ltd., Lonking Holdings Limited, Liebherr-International Deutschland GmbH, Manitou Group, Gehl, Hysoon CO. LTD., SUNWARD Equipment Co. Ltd., Wecan, Xuzhou Construction Machinery Group Co. Ltd., Xiamen XGMA Machinery Co. Ltd., Doosan Corporation, Hyundai Heavy Industries Co., Yanmar Co. Ltd., Kato Works Co., New Holland Fiat Pvt. Ltd.

North America was the largest region in the skid steer loader market in 2025. The regions covered in the skid steer loaders market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the skid steer loaders market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The skid steer loader market consists of sales of wheeled skid steers, tracked skid steers, and other related products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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