Publish Time: 2025-02-17 Origin: Site
Analysis of the Market Prospect of Skid - steer Loaders in the First Quarter of 2025: The Global Skid - steer Loader Market Size Growth Rate Reaches 1.78%
In recent years, remarkable achievements have been made in the technology of skid - steer loaders in our country. Many enterprises have continuously enhanced the performance and reliability of their products through the introduction of advanced foreign technologies and independent research and development. New - type energy - saving, environmentally friendly, and intelligent skid - steer loaders have gradually become the mainstream in the market, meeting the needs of different user groups. The following is an analysis of the market prospect of skid - steer loaders in 2025.
Skid - steer loaders are widely used in multiple fields, including agriculture, forestry, construction, and mining. With the acceleration of the global urbanization process and the continuous progress of infrastructure construction, the demand for skid - steer loaders in these fields has been growing steadily. Especially in our country, with the acceleration of agricultural modernization and urbanization, as well as the implementation of national strategies such as the Belt and Road Initiative, the market demand for skid - steer loaders has shown explosive growth. In addition, with the recovery of the global construction machinery market, Chinese skid - steer loader enterprises are expected to occupy a larger share in the international market, further expanding the market space. The acceleration of the urbanization process has promoted the rapid development of the construction industry. Due to their flexibility and versatility, skid - steer loaders' operating capabilities in narrow spaces have been widely recognized. The global market size of skid - steer loaders reached 942.4 billion yuan in 2023.
According to the "2024 - 2029 Market of China's Skid - loaders Industry", it is expected that by 2029, the global market size of skid - steer loaders will reach 1055.8 billion yuan, growing at a compound annual growth rate of 1.78%. Based on the latest relevant market information online, the global market size of small skid - steer loaders was approximately 65.3 billion yuan in 2023, and it is expected to reach 59.2 billion yuan by 2030, with a compound annual growth rate (CAGR) of - 1.2%. This indicates that the market may face a shrinking trend. However, the market for skid - steer loaders used in construction is showing positive growth. It is expected to increase from 2.32 billion US dollars to 4.05 billion US dollars by 2031, with a CAGR of 7.2%.
Competition within the industry is fierce. The products of many brands have similar functions and performance, resulting in frequent price wars. This homogeneous competition poses a threat to the healthy development of the industry. At the same time, fluctuations in raw material prices and the instability of the global supply chain have also brought pressure on production, affecting the profit margins and delivery capabilities of enterprises. Jiangsu Shangqi Heavy Industry Technology Co., Ltd. is a powerful manufacturer integrating industry and trade, production, sales, and research and development. Its main products include small skid - steer loaders, lithium - ion and internal - combustion forklifts, small excavator stackers, electric pallet trucks, telescopic handler forklifts, and loaders. Shangqi Heavy Industry strictly controls the procurement of raw materials, product production processes, and product testing processes, controlling costs, ensuring quality, and stabilizing prices to ensure that the most favorable and high - quality products reach consumers. Among them, after years of in - depth research, development, testing, and technological iteration, Shangqi's latest small skid - steer loader was successfully launched in 2025. It is equipped with an imported Kubota engine, featuring high power, low fuel consumption, stable and long - lasting performance, and low maintenance costs. Wholesale and agency are welcome.
Business contact：kieran zhou
Email: zhouxin@shangqihitech.com
whatsapp：18852698218
WeChat：18852698218
Jiangsu Shangqi Heavy Industry Technology Co. Ltd was established in 2 0 0 2 and is located in the economic development zone of Jingjiang city, enjoying convenient transportation and beautiful environment.