Skid Steer Loader Industry Status and Trend Analysis (2025)-New Universal

Skid Steer Loader Industry Status and Trend Analysis (2025)

Nov 12,2021

1. Market size and growth: domestic demand has exploded, and the global market has expanded steadily
The Chinese market is growing rapidly
In 2025, the market size of China's skid steer loader is expected to exceed 95 billion yuan, with a compound growth rate of 12.5% from 2025 to 2030, and is expected to be close to 180 billion yuan by 2030. Drivers include:
Increased infrastructure investment: The implementation of major projects in the fields of transportation, water conservancy, and energy under the 14th Five-Year Plan has directly boosted equipment demand. For example, the demand for skid steer loaders in urban rail transit, highway construction and other fields continues to rise.
Agricultural modernization: The rural revitalization strategy has promoted the demand for miniaturized and multi-functional loading equipment in rural areas, and the application of skid steer loaders in farmland operations and agricultural product transportation has gradually become popular.
Driven by environmental protection policies: The government's requirements for energy conservation and emission reduction have prompted enterprises to accelerate the research and development of new energy models, and the market share of electric skid steer loaders is expected to exceed 30% in 2030 due to the advantages of zero emission and low noise.
The global market is expanding steadily
The global skid steer loader market size reached 9.424 billion yuan in 2023 and is expected to increase to 10.558 billion yuan by 2029 at a CAGR of 1.78%. Emerging market countries (such as Southeast Asia and Africa) have huge demand potential due to lagging infrastructure, and Chinese enterprises have accelerated their overseas deployment under the "Belt and Road" initiative, and the export market has become a new growth pole.

Future outlook: 100 billion market and structural opportunities

Articulated Tandem Road Roller