Compact Track Loaders Eat into US Skid Steer Market
The past decade has seen compact track loaders (CTLs) eat into the market share held by skid steer loaders in the US, before overtaking sales of their wheeled counterparts completely. In 2012, there were 36,125 skid steer loaders sold in North America, compared to 21,500 sales of compact track loaders. By 2022, that number had jumped to 93,000 compact track loader sales, compared to 30,000 skid steer sales.