09-17/2024
The global mini skid steer loaders market was valued at $2.3 billion in 2022 and is projected to reach $3.8 billion by 2030, growing at a CAGR of 6.5% 2. Key drivers include urbanization, infrastructure investments, and the shift toward electric models. North America dominates demand (38% share), while Asia-Pacific is the fastest-growing region (CAGR 8%) 25. Technological innovations like IoT integration and zero-emission designs are reshaping the market, with leaders like Bobcat, Caterpillar, and Kubota driving expansion 13.