The electric skid-steer loaders market size is expected to see strong growth in the next few years. It will grow to $1.58 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period is expected to be driven by the expansion of electric equipment rental fleets, increased public infrastructure investments, greater fuel cost volatility, growing mechanization in developing regions, and continued urbanization and infrastructure development. Key trends anticipated during this period include the development of fast-charging and swappable battery systems, integration of AI and telematics for predictive maintenance, the shift toward lithium-ion and solid-state batteries, regulatory initiatives promoting zero-emission construction zones, and the advancement of electric equipment models.
The increase in construction projects is expected to drive the growth of the electric skid-steer loaders market in the coming years. Construction projects involve organized and planned efforts to build, modify, or demolish physical structures or infrastructure. The rise in these projects is primarily due to rapid urbanization, which boosts demand for new infrastructure, housing, and commercial development. Electric skid-steer loaders contribute to these projects by providing compact, versatile, and environmentally friendly solutions for tasks such as excavation, material handling, grading, and site cleanup, particularly in urban or indoor settings where noise and emissions must be minimized. For example, in April 2025, the U.S. Census Bureau reported that the seasonally adjusted annual rate of privately owned housing starts reached 1.361 million units, a 1.6% increase from the revised March figure of 1.339 million units. Thus, the growth in construction activity is supporting the expansion of the electric skid-steer loaders market.
Leading companies in the electric skid-steer loader market are emphasizing innovation by developing products such as cabinless skid-steer loaders to improve automation and operator safety. Cabinless skid-steer loaders are compact machines designed without a conventional operator cab and are typically operated remotely or autonomously. For instance, in April 2024, Firstgreen Industries a.s., a manufacturer based in the Czech Republic, introduced the ROCKEAT Electric Skid-Steer Loader. This loader is a powerful, emission-free solution designed for use in mining, construction, and other hazardous industries. It features zero emissions and quiet operation, making it well-suited for environmentally sensitive and noise-restricted areas. The machine is engineered for high performance and enhanced safety, supporting sustainable operations and improving worker safety and operational efficiency.
In March 2025, LG Energy Solution Ltd., a battery manufacturer based in South Korea, formed a partnership with Doosan Bobcat Inc. to supply batteries for electric construction equipment. Through this partnership, LG Energy Solution aims to expand its role in the electric construction machinery market by providing advanced battery packs that enhance the performance, efficiency, and sustainability of Doosan Bobcat's equipment. Doosan Bobcat Inc., also based in South Korea, is a manufacturer of electric skid-steer loaders.
Major players in the electric skid-steer loaders market are Caterpillar Inc., Doosan Corporation, Volvo Construction Equipment, Bobcat Company, Toro Company, Guangxi LiuGong Machinery Co. Ltd., Manitou Group, Guangxi Yuchai Heavy Industry Company Limited, Vermeer Corporation, Avant Tecno Oy, Westerra Equipment, Tobroco-Giant, New Holland, Firstgreen Industries a.s., Gamzen India Pvt. Ltd., Bullwork Mobility, Kovaco Electric, Yufan Machinery Ltd., SOCMA (Xiamen) Inteligent Technology Co. Ltd., and Qingdao Weitai Intelligent Equipment Co. Ltd.
North America was the largest region in the electric skid-steer loaders market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in electric skid-steer loaders report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the electric skid-steer loaders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Electric skid-steer loaders are compact, battery-powered construction machines built for digging, lifting, and handling materials in confined areas. They are commonly used in applications such as landscaping, construction, and agriculture, providing a quieter and more environmentally friendly option compared to traditional diesel-powered loaders.
The primary battery types used in electric skid-steer loaders include lead-acid batteries, lithium-ion batteries, and others. Lead-acid batteries are rechargeable batteries that utilize lead plates and a sulfuric acid solution to store and discharge electrical energy. These loaders are available in both wheeled and tracked variants and come in load capacities categorized as light-duty, medium-duty, and heavy-duty. They serve a wide range of applications, including construction, agriculture, landscaping, mining, waste management, and snow removal.
The electric skid-steer loaders market research report is one of a series of new reports that provides electric skid-steer loaders market statistics, including electric skid-steer loaders industry global market size, regional shares, competitors with electric skid-steer loaders market share, electric skid-steer loaders market segments, market trends and opportunities, and any further data you may need to thrive in the electric skid-steer loaders industry. This electric skid-steer loaders market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electric skid-steer loaders market consists of sales of hydraulic hammers, brush cutters and mowers, trencher attachments, and pallet forks. 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 and 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.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Electric Skid-Steer Loaders Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on electric skid-steer loaders market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for electric skid-steer loaders ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electric skid-steer loaders market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Battery Type: Lead-Acid Batteries; Lithium-Ion Batteries; Other Advanced Battery Types2) By Drive Type: Wheeled; Tracked
3) By Load Capacity: Light Duty; Medium-Duty; Heavy-Duty
4) By Application: Construction; Agriculture; Landscaping; Mining; Waste Management; Snow Removal
Subsegments:
1) By Lead-Acid Batteries: Flooded Lead-Acid Batteries; Sealed Lead-Acid Batteries (SLA)2) By Lithium-Ion Batteries: Lithium Iron Phosphate (LiFePO4); Lithium Nickel Manganese Cobalt Oxide (NMC); Lithium Titanate (LTO); Lithium Cobalt Oxide (LCO)
3) By Other Advanced Battery Types: Solid-State Batteries; Nickel-Metal Hydride (NiMH) Batteries; Sodium-Ion Batteries; Flow Batteries
Key Companies Profiled: Caterpillar Inc.; Doosan Corporation; Volvo Construction Equipment; Bobcat Company; Toro Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Caterpillar Inc.
- Doosan Corporation
- Volvo Construction Equipment
- Bobcat Company
- Toro Company
- Guangxi LiuGong Machinery Co. Ltd.
- Manitou Group
- Guangxi Yuchai Heavy Industry Company Limited
- Vermeer Corporation
- Avant Tecno Oy
- Westerra Equipment
- Tobroco-Giant
- New Holland
- Firstgreen Industries a.s.
- Gamzen India Pvt. Ltd.
- Bullwork Mobility
- Kovaco Electric
- Yufan Machinery Ltd.
- SOCMA (Xiamen) Inteligent Technology Co. Ltd.
- Qingdao Weitai Intelligent Equipment Co. Ltd.