The North America loader market reached around USD 6.84 Billion in 2025. The market is projected to grow at a CAGR of 4.40% between 2026 and 2035 to reach nearly USD 10.52 Billion by 2035.
Base Year
Historical Period
Forecast Period
Nearly 90,000 compact track loaders are sold annually in the United States.
Canada has 6,500 quarries and 200 mines that produce different minerals for domestic and global consumption.
Canada accounts for 4% of the global production of nickel.
Compound Annual Growth Rate
4.4%
Value in USD Billion
2026-2035
*this image is indicative*
| North America Loader Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 6.84 |
| Market Size 2035 | USD Billion | 10.52 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 4.40% |
| CAGR 2026-2035 - Market by Region | Canada | 4.8% |
| CAGR 2026-2035 - Market by Region | United States | XX% |
| CAGR 2026-2035 - Market by Type | Compact | 4.9% |
| CAGR 2026-2035 - Market by End Use | Construction | 5.0% |
| 2025 Market Share by Region | United States | 91.1% |
The anticipated growth of Canada’s mining industry is expected to increase the demand for loaders. In 2022, domestic gold production surged by 6.9 million ounces, which made it the world’s fifth-largest producer. Major mining companies increased their exploration budgets by 29% year-on-year to reach $2.68 billion. This is substantially higher than the global average increase of 16% in 2022 and outpaced other countries such as Australia and the United States. Companies engaged in the production of nonferrous metals also increased their budgets by 15% year-on-year to reach $4.1 million. Increasing innovations in skid steer and wheeled loaders are expected to complement the market expansion in the forecast period.
In 2021, Canada’s manufacturing industry generated a revenue of $787.3 billion, recording a year-on-year growth of 16.1% from 2020 and rising by $39.1 billion from 2019. The production of goods, which represents nearly 94% of the total earnings, rose in 18/21 subsectors. This was a growth of 16.2% year-on-year. Coal and petroleum, wood, primary metals, and chemical production recorded the highest increases, recording a growth of $84.9 billion. This is expected to increase the demand for sustainable loaders that can facilitate material handling and ensure secure transportation of goods, thereby driving market growth.
Integration of advanced auto-leveling systems in loaders; environment-conscious designs of loaders; innovations in hydraulic systems; and improvements in ergonomic designs of loaders are the major trends impacting the market growth.
Advanced load sensing systems facilitate material handling operations by automatically adjusting the bucket position to maintain uniformity of load angle, thereby enhancing operational stability.
The integration of enhanced containment and sealing designs in loaders is enabling operators to reduce the environmental impact of their operations by reducing dust emissions and spillage.
Technological advancements have improved the hydraulic efficiency of loaders and have prevented excessive fuel consumption, thereby boosting the overall performance of the machinery.
Continuous innovation in the cab layout of loaders has improved the operator’s ability to work efficiently during long shifts, thereby driving the market growth.
Multifunctional machines that specialise in digging, loading, and handling materials are driving the market expansion. The introduction of wheeled excavator loads that can execute multiple tasks across various industries, including building and road construction, landscaping, and on-site recycling is expected to witness a surge in demand over the forecast period, thereby driving market growth.
North America Loader Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Loader Type
Market Breakup by Type
Market Breakup by End Use
Market Breakup by Region
| CAGR 2026-2035 - Market by | Region |
| Canada | 4.8% |
| United States | XX% |
Based on region, the market is segmented into the United States of America and Canada. The United States is projected to dominate the market, representing 91.1% of the overall market share. Loaders are widely utilised in the United States across various sectors, including construction, agriculture, and mining, for tasks such as material handling, excavation, and transportation. Their significance is particularly evident in infrastructure initiatives, residential projects, and road construction, where they enhance operational efficiency and minimise the need for manual labour.
Major market players are expected to innovate bucket design of loaders to improve material handling capabilities while reducing their environmental impact, thereby maximising productivity on-site.
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the market attained a value of nearly USD 6.84 Billion.
The market is assessed to grow at a CAGR of 4.40% between 2026 and 2035.
The market is estimated to reach around USD 10.52 Billion by 2035.
The different types of loaders in the market are compact truck loaders, skid steer loaders, wheeled loaders, and backhoe loaders.
The different end users of loaders are construction, mining, and manufacturing, among others.
The different types of loaders include heavy and compact.
The different countries covered in the market report are the United States of America and Canada.
The key players in the market are Caterpillar Inc., Komatsu Ltd., AB Volvo, Hitachi Construction Machinery Co., Ltd., Liebherr Group, J C Bamford Excavators Ltd., HD Hyundai Co. Ltd., SANY Group, XCMG Group, and Deere & Company, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Loader Type |
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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