
North America Mini and Mid Excavators Market Size, Share & Industry Analysis Report By Type (Track and Wheeled), By End User (Landscaping & Construction and Agriculture), By Operating Weight (10 tons to 20 tons, 4 tons to 10 tons, and Less than 4 tons), B
Description
The North America Mini & Mid Excavators (Upto 20 Tonnes) Market would witness market growth of 4.4% CAGR during the forecast period (2025-2032).
The US market dominated the North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $4,351.6 million by 2032. The Canada market is experiencing a CAGR of 6.5% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 5.6% during (2025 - 2032). The US and Canada led the North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Country with a market share of 74.2% and 12.9% in 2024.
The North American mini and mid excavator market has changed from a small part of the market that was mostly made up of Asian imports to an important part of construction, utilities, and city projects. In the 1980s, mini excavators (under six tonnes) became popular because they were small and easy to move around, which made them great for cities. At the same time, mid-sized models (six to twenty tonnes) became popular for infrastructure work because of federal and provincial investment programs. Regulatory pressures, especially from emissions standards in the US and Canada, sped up the development of cleaner diesel engines, hybrid platforms, and electric machines. OEMs like Bobcat, Volvo CE, Caterpillar, and John Deere were at the forefront of this work.
There are three main trends that define the market today: electrification, digitalization, and rental-driven use. Because of stricter local rules and goals for sustainability, zero-emission equipment is becoming more popular. Examples include the Bobcat E10e and Volvo ECR25 Electric. Telematics and grade-assist systems are examples of digital technologies that make work more productive and help manage assets better by closing skill gaps and making things run more smoothly. Rental companies are still very important because they create a need for multi-attachment capability and easy ways to move things. OEM strategies focus on bringing these new ideas together, growing dealer networks, and building aftermarket ecosystems. Competition is based on being the most technologically advanced, being ready to follow rules, and having customer relationships that are based on service.
Type Outlook
Based on Type, the market is segmented into Track and Wheeled. The Track market segment dominated the Canada Mini & Mid Excavators (Upto 20 Tonnes) Market by Type is expected to grow at a CAGR of 6.2 % during the forecast period thereby continuing its dominance until 2032. Also, The Wheeled market is anticipated to grow as a CAGR of 7.1 % during the forecast period during (2025 - 2032).
End User Outlook
Based on End User, the market is segmented into Landscaping & Construction and Agriculture. With a compound annual growth rate (CAGR) of 3.3% over the projection period, the Landscaping & Construction Market, dominate the US Mini & Mid Excavators (Upto 20 Tonnes) Market by End User in 2024 and would be a prominent market until 2032. The Agriculture market is expected to witness a CAGR of 4.4% during (2025 - 2032).
Country Outlook
The U.S. is the biggest and most important market for mini and mid excavators up to 20 tonnes in North America. This is because there is a lot of demand from home building, utilities, road maintenance, and landscaping. The Infrastructure Investment and Jobs Act (IIJA) greatly increases the need for equipment. At the same time, strict EPA emissions standards and a lack of workers speed up the use of hybrid and electric models. Rental penetration is rising as contractors prefer to use modern, flexible machines that come with telematics, operator-assist technologies, and attachment flexibility. Caterpillar, Deere, Komatsu, and other top OEMs compete fiercely, focusing on durability, dealer support, and digital fleet management. Major rental companies are a big part of fleet modernization.
List of Key Companies Profiled
By Type
The US market dominated the North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $4,351.6 million by 2032. The Canada market is experiencing a CAGR of 6.5% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 5.6% during (2025 - 2032). The US and Canada led the North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Country with a market share of 74.2% and 12.9% in 2024.
The North American mini and mid excavator market has changed from a small part of the market that was mostly made up of Asian imports to an important part of construction, utilities, and city projects. In the 1980s, mini excavators (under six tonnes) became popular because they were small and easy to move around, which made them great for cities. At the same time, mid-sized models (six to twenty tonnes) became popular for infrastructure work because of federal and provincial investment programs. Regulatory pressures, especially from emissions standards in the US and Canada, sped up the development of cleaner diesel engines, hybrid platforms, and electric machines. OEMs like Bobcat, Volvo CE, Caterpillar, and John Deere were at the forefront of this work.
There are three main trends that define the market today: electrification, digitalization, and rental-driven use. Because of stricter local rules and goals for sustainability, zero-emission equipment is becoming more popular. Examples include the Bobcat E10e and Volvo ECR25 Electric. Telematics and grade-assist systems are examples of digital technologies that make work more productive and help manage assets better by closing skill gaps and making things run more smoothly. Rental companies are still very important because they create a need for multi-attachment capability and easy ways to move things. OEM strategies focus on bringing these new ideas together, growing dealer networks, and building aftermarket ecosystems. Competition is based on being the most technologically advanced, being ready to follow rules, and having customer relationships that are based on service.
Type Outlook
Based on Type, the market is segmented into Track and Wheeled. The Track market segment dominated the Canada Mini & Mid Excavators (Upto 20 Tonnes) Market by Type is expected to grow at a CAGR of 6.2 % during the forecast period thereby continuing its dominance until 2032. Also, The Wheeled market is anticipated to grow as a CAGR of 7.1 % during the forecast period during (2025 - 2032).
End User Outlook
Based on End User, the market is segmented into Landscaping & Construction and Agriculture. With a compound annual growth rate (CAGR) of 3.3% over the projection period, the Landscaping & Construction Market, dominate the US Mini & Mid Excavators (Upto 20 Tonnes) Market by End User in 2024 and would be a prominent market until 2032. The Agriculture market is expected to witness a CAGR of 4.4% during (2025 - 2032).
Country Outlook
The U.S. is the biggest and most important market for mini and mid excavators up to 20 tonnes in North America. This is because there is a lot of demand from home building, utilities, road maintenance, and landscaping. The Infrastructure Investment and Jobs Act (IIJA) greatly increases the need for equipment. At the same time, strict EPA emissions standards and a lack of workers speed up the use of hybrid and electric models. Rental penetration is rising as contractors prefer to use modern, flexible machines that come with telematics, operator-assist technologies, and attachment flexibility. Caterpillar, Deere, Komatsu, and other top OEMs compete fiercely, focusing on durability, dealer support, and digital fleet management. Major rental companies are a big part of fleet modernization.
List of Key Companies Profiled
- Volvo Construction Equipment AB (Volvo Group)
- Kobelco Construction Machinery Australia Pty Ltd. (Kobe Steel, Ltd.)
- Caterpillar, Inc.
- HD Hyundai Construction Equipment Co., Ltd.
- Komatsu Ltd.
- Deere & Company
- Hitachi Construction Machinery Co., Ltd. (Hitachi, Ltd.)
- Doosan Corporation
- J C Bamford Excavators Ltd.
- Zoomlion Heavy Industry Science & Technology Co., Ltd.
- KUBOTA Corporation
By Type
- Track
- Wheeled
- Landscaping & Construction
- Agriculture
- 10 tons to 20 tons
- 4 tons to 10 tons
- Less than 4 tons
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
167 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Mini & Mid Excavators (Upto 20 Tonnes) Market, by Type
- 1.4.2 North America Mini & Mid Excavators (Upto 20 Tonnes) Market, by End User
- 1.4.3 North America Mini & Mid Excavators (Upto 20 Tonnes) Market, by Operating Weight
- 1.4.4 North America Mini & Mid Excavators (Upto 20 Tonnes) Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composisiton and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Market Trends – North America Mini & Mid Excavators (Upto 20 Tonnes) Market
- Chapter 5. State of Competition – North America Mini & Mid Excavators (Upto 20 Tonnes) Market
- Chapter 6. Competition Analysis - Global
- 6.1 KBV Cardinal Matrix
- 6.2 Recent Industry Wide Strategic Developments
- 6.2.1 Partnerships, Collaborations and Agreements
- 6.2.2 Product Launches and Product Expansions
- 6.3 Market Share Analysis, 2024
- 6.4 Top Winning Strategies
- 6.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
- 6.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Mar – 2025, Aug) Leading Players
- 6.5 Porter Five Forces Analysis
- Chapter 7. Value Chain Analysis of Mini & Mid Excavators (Upto 20 Tonnes) Market
- Chapter 8. Product Life Cycle – Mini & Mid Excavators (Upto 20 Tonnes) Market
- Chapter 9. Market Consolidation – Mini & Mid Excavators (Upto 20 Tonnes) Market
- Chapter 10. Key Customer Criteria – Mini & Mid Excavators (Upto 20 Tonnes) Market
- Chapter 11. North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Type
- 11.1 North America Track Market by Country
- 11.2 North America Wheeled Market by Country
- Chapter 12. North America Mini & Mid Excavators (Upto 20 Tonnes) Market by End User
- 12.1 North America Landscaping & Construction Market by Country
- 12.2 North America Agriculture Market by Country
- Chapter 13. North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Operating Weight
- 13.1 North America 10 tons to 20 tons Market by Country
- 13.2 North America 4 tons to 10 tons Market by Country
- 13.3 North America Less than 4 tons Market by Country
- Chapter 14. North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Country
- 14.1 US Mini & Mid Excavators (Upto 20 Tonnes) Market
- 14.1.1 US Mini & Mid Excavators (Upto 20 Tonnes) Market by Type
- 14.1.2 US Mini & Mid Excavators (Upto 20 Tonnes) Market by End User
- 14.1.3 US Mini & Mid Excavators (Upto 20 Tonnes) Market by Operating Weight
- 14.2 Canada Mini & Mid Excavators (Upto 20 Tonnes) Market
- 14.2.1 Canada Mini & Mid Excavators (Upto 20 Tonnes) Market by Type
- 14.2.2 Canada Mini & Mid Excavators (Upto 20 Tonnes) Market by End User
- 14.2.3 Canada Mini & Mid Excavators (Upto 20 Tonnes) Market by Operating Weight
- 14.3 Mexico Mini & Mid Excavators (Upto 20 Tonnes) Market
- 14.3.1 Mexico Mini & Mid Excavators (Upto 20 Tonnes) Market by Type
- 14.3.2 Mexico Mini & Mid Excavators (Upto 20 Tonnes) Market by End User
- 14.3.3 Mexico Mini & Mid Excavators (Upto 20 Tonnes) Market by Operating Weight
- 14.4 Rest of North America Mini & Mid Excavators (Upto 20 Tonnes) Market
- 14.4.1 Rest of North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Type
- 14.4.2 Rest of North America Mini & Mid Excavators (Upto 20 Tonnes) Market by End User
- 14.4.3 Rest of North America Mini & Mid Excavators (Upto 20 Tonnes) Market by Operating Weight
- Chapter 15. Company Profiles
- 15.1 Volvo Construction Equipment AB (Volvo Group)
- 15.1.1 Company Overview
- 15.1.1 Financial Analysis
- 15.1.2 Segmental and Regional Analysis
- 15.1.3 Research & Development Expense
- 15.1.4 Recent strategies and developments:
- 15.1.4.1 Partnerships, Collaborations, and Agreements:
- 15.1.4.2 Product Launches and Product Expansions:
- 15.2 Kobelco Construction Machinery Australia Pty Ltd. (Kobe Steel, Ltd.)
- 15.2.1 Company Overview
- 15.2.2 Financial Analysis
- 15.2.3 Segmental Analysis
- 15.2.4 Research & Development Expenses
- 15.3 Caterpillar, Inc.
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Segmental and Regional Analysis
- 15.3.4 Research & Development Expense
- 15.3.5 Recent strategies and developments:
- 15.3.5.1 Product Launches and Product Expansions:
- 15.3.6 SWOT Analysis
- 15.4 HD Hyundai Construction Equipment Co., Ltd.
- 15.4.1 Company Overview
- 15.4.2 Financial Analysis
- 15.4.3 Segmental and Regional Analysis
- 15.4.4 Research & Development Expense
- 15.4.5 Recent strategies and developments:
- 15.4.5.1 Product Launches and Product Expansions:
- 15.5 Komatsu Ltd.
- 15.5.1 Company Overview
- 15.5.2 Financial Analysis
- 15.5.3 Segmental and Regional Analysis
- 15.5.4 Research & Development Expenses
- 15.5.5 Recent strategies and developments:
- 15.5.5.1 Partnerships, Collaborations, and Agreements:
- 15.5.5.2 Product Launches and Product Expansions:
- 15.5.6 SWOT Analysis
- 15.6 Deere & Company
- 15.6.1 Company Overview
- 15.6.2 Financial Analysis
- 15.6.3 Segmental and Regional Analysis
- 15.6.4 Research & Development Expenses
- 15.6.5 Recent strategies and developments:
- 15.6.5.1 Partnerships, Collaborations, and Agreements:
- 15.6.5.2 Product Launches and Product Expansions:
- 15.6.6 SWOT Analysis
- 15.7 Hitachi Construction Machinery Co., Ltd. (Hitachi, Ltd.)
- 15.7.1 Company Overview
- 15.7.2 Financial Analysis
- 15.7.3 Segmental and Regional Analysis
- 15.7.4 SWOT Analysis
- 15.8 Doosan Corporation
- 15.8.1 Company Overview
- 15.8.2 Financial Analysis
- 15.8.3 Segmental and Regional Analysis
- 15.8.4 Research & Development Expenses
- 15.8.5 SWOT Analysis
- 15.9 J C Bamford Excavators Ltd.
- 15.9.1 Company Overview
- 15.9.2 SWOT Analysis
- 15.10. Zoomlion Heavy Industry Science & Technology Co., Ltd.
- 15.10.1 Company Overview
- 15.10.2 Financial Analysis
- 15.10.3 Segmental and Regional Analysis
- 15.10.4 Research & Development Expenses
- 15.10.5 SWOT Analysis
- 15.11 KUBOTA Corporation
- 15.11.1 Company Overview
- 15.11.2 Financial Analysis
- 15.11.3 Segmental and Regional Analysis
- 15.11.4 Research & Development Expenses
- 15.11.5 Recent strategies and developments:
- 15.11.5.1 Partnerships, Collaborations, and Agreements:
- 15.11.5.2 Product Launches and Product Expansions:
- 15.11.6 SWOT Analysis
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