TABLE OF CONTENTSNORTH AMERICAN SALES
Sales by Size
Sales Breakdown by Region
NORTH AMERICAN PRODUCTION
IMPORTS AND EXPORTS
MANUFACTURER CONTACT INFORMATION
CURRENT MODELS AND TECHNICAL SPECIFICATIONS
Mini-excavators, also known as compact excavators, are earthmoving
excavators that weigh less than six metric tons. Some OEMs, however, include excavators
weighing up to ten metric tons in their mini-excavator line; we consider
machines with operating weights between six and ten metric tons as standard-sized
excavators and cover them in a separate report.
are one of the most commonly-used pieces of construction equipment and can be
found working in construction, landscaping, agriculture, highway maintenance
and utility applications where space constraints prevail. They are relatively inexpensive, portable and
versatile, which makes them attractive to the rental market. We estimate that
there are 19 different brands of these excavators offered in North America.
Most manufactures make their own machines; however, a few outsource production
of their offerings to one of their competitors and then private label with
their own brand.
Table 1 summarizes the reportís major findings. Mini-excavator sales are robust, increasing
26 percent since 2014. We expect further growth for the next several years as
it is a multi-purpose machine that is popular with rental companies. We
estimate that 89 percent of North American sales occur in the United States.
Production levels by percentage terms have
increased more than sales as Caterpillar joined Bobcat as a domestic
manufacturer of mini-excavators beginning in 2014. Production levels will
outpace sales for the next several years as Caterpillar shifts its sourcing of
machines from overseas locations to its facility in Athens, Georgia. Caterpillar management expects the shift to be
completed by the end of 2019, although has indicated that the timing is still
not absolutely defined.