The global compact building equipment market is expected to reach $56 billion by 2032

Recently, the internationally renowned market research company Research and Markets released the "Global Compact Building Equipment Market Forecast Report (2025-2032)". The report points out that driven by the residential, commercial, and infrastructure investment boom in Asia and North America, the global compact building equipment market is expected to grow from $39.52 billion in 2025 to $56.05 billion in 2032, with a compound annual growth rate (CAGR) of 5.1%. The organization emphasizes that in addition to traditional residential and commercial projects, the continuous investment of governments in smart cities and green infrastructure, coupled with the trend of equipment electrification transformation, will become the core engine of future market growth.

In the traditional power segment, the market size of the 2-3.5L displacement engine segment is the largest. This type of equipment is in high demand in the United States, India, and Middle Eastern countries: the Asian market is dominated by small excavators, while North America prefers skid steer loaders and compact track loaders.

In terms of regional pattern, the report points out that the Asian market currently holds over 21.0% of the global compact building equipment market share. Among them, India and China lead the Asian market with a market share of over 25.0% and 20.0% respectively.