Add Row 
Add Element 
Understanding Skid Steer Sales Trends for 2024-2025
The latest data on skid steer sales reveals a mixed landscape for contractors and home service businesses planning their equipment purchases in 2024-2025. According to Fusable’s EDA equipment financing data and EquipmentWatch market reports, new financed skid steer sales have remained relatively flat year over year. During the period from March 1, 2024, to February 28, 2025, there were 9,990 new skid steers financed, marking a slight decrease from the previous year, which saw 9,963 units sold.
The Impacts of Economic Factors on Purchases
This plateau in sales could be partly attributed to persistently high interest rates, driving cash buyers to dominate the market. Interestingly, used skid steer sales have seen a more substantial decline, dropping by 8.7% to 8,737 units. This trend suggests that while there is a robust demand for skid steers, cash transactions—common in compact equipment sales—are playing a significant role.
Top Players in the Market
In terms of market share, Bobcat continues to be the leading manufacturer of both new and used skid steers, accounting for approximately 28.4% of sales. Following Bobcat are Kubota with 19.2% and Cat with 15.5%. The market has also seen noteworthy interest in specific models such as the Kubota SSV-75 and the Cat 262D3, which were among the most popular new units sold.
Key Market Insights for Contractors
For contractors in the HVAC, plumbing, and renovation industries, understanding these trends is crucial for making informed decisions in equipment purchases. Buyers in California, Illinois, and Wisconsin have emerged as the most active in purchasing new skid steers, which can influence local market dynamics and availability.
Thinking Ahead: Future Predictions in Skid Steer Sales
As we move forward, keeping an eye on emerging models like Cat's next-generation lineup can provide insights into what features could dominate future sales. Understanding the shifting economic landscape, especially regarding financing, will also be key in navigating the market effectively.
Add Row 
Add 
Write A Comment