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2022 Sees Rush of New Compact Excavators

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Three months into 2022, multiple new models of compact excavators have been released.

Here’s a look at six of the newest machines hitting the market, and one concept electric excavator coming next year.

JCB expands its range with 50Z-1

Designed with a 100% steel body and zero tail swing, the JCB 50Z-1 provides power and control in confined spaces. It runs on a 43.3-horsepower engine, which the company says provides programmable auto-idle, auto-engine stop, and four different engine modes to reduce overall fuel consumption.

The 10,583-pound machine has a dig depth of 12 feet 7 inches and dump height of 14 feet, a significant increase of its predecessor, the 48Z. Maximum reach on the 50Z-1 is 19 feet 8 inches.

Like JCB’s larger X-series excavators, the 50Z-1 has a new 7-inch color display screen with an automotive-style rotary dial for screen navigation, including an on-screen health check with the first turn of the key. The 50Z-1 provides access to key machine information and operation with twin-locking hydraulic quick hitch and tool select, to make attachment changeover easier.

The cab on the 50Z-1 was engineered for operator comfort, floor space, reduced noise and vibration, according to the company.

In terms of maintenance, JCB added convenient access to daily check points, made the H-frame undercarriage easier to clean and boosted greasing intervals to 500 hours to help increase productivity and reduce downtime.

kobelco excavatorKobelco

Dig and travel faster with Kobelco

Kobelco’s latest models, the next-generation SK55SRX-7 and SK455RX-7, share attributes of its Performance X Design concept for the company’s larger excavator models.

They each come in a 6-foot 5-inch-wide package with compact tail swing for operation in restricted spaces, such as urban and residential jobsites. Each machine also runs on a 37-horsepower Yanmar diesel engine and comes with a thumb bracket pre-installed on the standard arm. 

From an efficiency standpoint, when in S-mode (energy conservation), the two excavators operate using 26% less fuel when compared with H-mode, and an auto-deceleration switch is standard.

With a canopy, the standard counterweight model SK55SRX-7 weighs 11,817 pounds. With a cab, it weighs 12,147 pounds. The standard arm is 5 feet 7 inches long, but for jobs where additional reach is needed, you can spec a 6-foot 4-inch arm. It has a maximum digging height with the standard arm of 19 feet 6 inches. At ground level, the SK55SRX-7 reaches to 20 feet, and the maximum digging depth is 12 feet 9 inches.

The SK455RX-7 puts Kobelco into the 5-ton arena. It weighs 10,030 pounds with canopy and 10,300 pounds with cab. Get up and go is provided by a 37-horsepower Yanmar diesel engine. With the standard arm of 5 feet 1 inch, you can reach a maximum height of 18 feet 10 inches. Max reach at ground level is 18 feet 8 inches ,and digging depth goes to 11 feet 3 inches.

kubota excavatorKubota

Kubota offers power in small packages

With its two newest machines set to be available this spring, the U10-5 and the K008-5, Kubota has a broad offering of 13 compact excavator models across the 1- to 8-ton weight classes. The joystick position and pattern have been standardized on the operator stations for all the company’s excavators.

The two latest machines are both powered by a by a 10.3-horsepower Kubota engine. Excavators aren’t typically known for speed, but both the U10-5 and K008-5 offer a top speed of 2.5 mph. Each provides easy access to the engine for routine maintenance and inspection.

The petite 2,646-pound U10-5 mini excavator took its bow at World of Concrete 2022. Sitting in the 1-ton range, the U10-5 offers nearly zero tail swing and hydraulic adjustable tracks that can shift from 30 to 39 inches to get into narrow spaces and optimize digging performance.

The machine offers class-leading bucket breakout force in the 1-ton space at nearly 2,400 pounds per foot. Dig depth has been increased by 3 inches from the previous generation to 5 feet 11 inches and the dig reach is 1 foot longer to 10 feet 11 inches.

Available at dealerships early this spring, Kubota’s K008-5 conventional tail swing compact excavator will replace the K008-3 model with several upgrades. The 2,315-pound K008-5 offers a high power to weight ratio. Adjustable track width allows the excavator to fit through narrow openings or can be widened for better stability while digging. The tracks can adjust down to 2 feet 4 inches and widen to 2 feet 10 inches. The K008-5 has a maximum digging depth of 5 feet 8 inches and a bucket breakout force of 2,205 pounds.

TB20e excavator

Takeuchi launches new TB20e

The TB20e is the first battery-powered machine designed and built by Takeuchi and will be part of a full line of electric products in development.

Similar in performance to Takeuchi’s diesel-powered TB216 compact excavator, the TB20e is 100% battery-powered with zero exhaust emissions. Noise and vibration are also reduced.

The excavator weighs 4,255 pounds, has a bucket capacity of 1.34 cubic feet and a primary auxiliary flow of 9 gallons per minute. The maximum reach is 13 feet 4 inches, and the maximum digging depth is 7 feet 10.1 inches.

The cab features a completely new high-definition, multi-informational color display.

Like most electric equipment being introduced, Takeuchi says, the battery life will vary depending on the application and environment. When fully charged, the machine will run anywhere from four to eight hours.

Through a partnership with United Rentals, as of February, the first 100 units of the new TB20e were shipped and will be available for rental at select locations across the U.S.

Coming in 2023

case excavatorCase

Case Construction Equipment recently teased the launch of an electric mini excavator, the CX15 EV, for the North American market in 2023. 

The CX15 EV is a 2,900-pound compact excavator powered by a 16-kilowatt-hour electric motor. It features retractable tracks that get machine width down to 31 inches for going through doors and working in confined spaces. 

Its minimum-swing design allows it to work close to structures and obstacles. Depending on the application, the CX15 EV’s battery will provide enough power to work through a full eight-hour day on one charge.

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Cat’s Next Generation 255 and 265 Get More Power, Lift Height

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Caterpillar is bidding farewell to its 259D3, 279D3 and 289D3 compact track loaders with the introduction of its new, next-generation 255 and 266 models.

The completely redesigned models debuted at media and customer events at Caterpillar’s Edwards, Illinois, Demonstration and Learning Center last week. The 255 and 265 offer improved engine performance, more lift height, a roomier cab and more standard technology than their predecessors.

“We kept the DNA of the D3 series while reimagining the possibilities of loader performance using voice of customer feedback to lead the way,” says Trevor Chase, product application specialist for Caterpillar. “Both next-generation models leverage the many benefits offered by the vertical lift design. The new Cat 255 replaces the 259D3, while the 265 replaces both the 279D3 and 289D3 machines.”

The CTLs are the last of Cat’s building and construction products to get the next-generation treatment and simplified nomenclature. The first number (2) represents the skid steer loader and compact track loader machine family; the middle number (5 or 6) designates the machine size; and the ending number (5) is the compact track loader identifier. Skid steers will be identified by a 0 end number. Additional new models will roll out in the coming months, the company says.

Caterpillar 265 compact track loader carrying a blockCaterpillarMore power and torque

Cat equipped the 255 with a C2.8T engine and the 265 with a C2.8TA engine, both at 74 horsepower. This gives the new machines a significant boost in torque – 13% for the 255 and 43% for the 256 – over their D3-Series predecessors. The engine and cooling package are mounted lower in the frame for added visibility out the rear window and stability while lifting heavy loads.

Customers attest that the added lift height makes truck loading easier. The 255 offers 10 feet 4 inches of lift height, while the 265 can reach 11 feet high.

“The lift height has made a big difference when loading trucks,” said Derrick Roger, owner of Coast to Coast Lawnscapes, who spent several months testing the 255. “You can get on top of that truck now and empty the bucket; whereas, before you would have to shake the bucket to try to get the material to fall out.”

The 255 delivers 36% more tilt breakout, 26% higher lift breakout force and a 24% increase in rated operating capacity (ROC). The 265 also delivers 19% higher tilt breakout force and 22% higher lift breakout force.

Standard hydraulic pressure has been increased to 3,500 psi, allowing the 255 and 265 to operate all Cat Smart Attachments with the standard auxiliary hydraulics provided.

If demanding attachments require additional hydraulic flow, customers can have their Cat dealer activate the high flow functionality on the machine or remotely via software update. This makes it possible for the CTLs to hit 30 gallons per minute of flow at the standard system pressure.

A High Flow XPS factory option increases auxiliary hydraulic system pressure to 4,061 psi for both models, while also increasing the hydraulic flow to 30 gallons per minute for the 255 and 34 gallons per minute for the 265.

The torsion suspension undercarriage delivers better operator comfort, track wear and material retention, plus the stiffer design results in smoother graded surfaces, Cat says. A new 12.6-inch bar-tread narrow track option is available on the 255.

A more spacious cab

Cat says it has increased the cab width by 2.75 inches without making the machines wider and the footwell-to-ceiling height by 1.8 inches. The larger cab gives operators an additional 1.5 inches of hip room and 1.1 inches more width between the joysticks.

A range of new mechanical and air-ride suspension seat options are available, including a ventilated and heated seat. A new automatic temperature control allows operators to set a specific temperature. Relocated vents help cool or heat the machine quickly.

The standard package includes the same 5-inch LCD monitor as the D3 Series CTLs, which offers Bluetooth connectivity and functionality for the rearview camera feed, creep, job clock, and maintenance reminders.

Customers can upgrade to a new 8-inch advanced touchscreen monitor, like the display found in Cat’s next-generation mini excavators and small loaders. It delivers advanced radio control and supports the 270-degree multicamera option. The advanced monitor pairs with the advanced joysticks for integrated control of all machine functions and adjustments.

“You can adjust the movement – or the aggressiveness or the conservativeness – of how your tracks and lift arms work through your advanced touchscreen display,” Dante Thomas, skid steer and CTL marketing manager, said. “And you can control of all of your display functions from the advanced joysticks. There are buttons with enter and select functions on those joysticks that you’re able to change any functionality that is possible.”

Cat also redesigned the entry, making the 255 and 265 easier to enter and exit. The cab door can be opened even when the lift arms are not fully lowered to the frame stops. It can be removed without tools in less than one minute.

Advanced technologies

Calling the 255 and 265 “one of the most attachment-friendly machines on the market,” Thomas says both the standard and advanced monitors can run Cat Smart Attachments, such as the dozer and grader blades and backhoe.

“It has attachment recognition that when you plug the attachment into the machine, it recognizes which attachment is connected. It adjusts your joystick pattern, so it gives you intuitive and simple control,” says Thomas.

The available Cat Product Link Elite system tracks machine hours, location, asset utilization, provides fault code details and delivers advanced monitoring and machine health, that is remotely accessible via VisionLink. In addition, Product Link Elite provides remote flash and troubleshooting capabilities and quickly enables the remote activation of the SEA High Flow feature.

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Quick Data: 2023 Top-Selling Wheel Loaders and Auction Trends

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Quick Data is a snapshot of new and used wheel loader sales trends from Randall Reilly’s EDA equipment financing data, TopBid auction price service and EquipmentWatch market trend reports.

Demand for wheel loaders has softened with new and used financed wheel loader sales down year-over-year from August 1, 2022 to July 31, 2023 according to Randall Reilly’s EDA equipment financing data.

Financed new wheel loader sales dropped 10%, while used financed wheel loader sales fell by 15% compared to the same period last year.

Cat (22.4%), Deere (21.0%) and Komatsu (12.4%) held their positions year-over-year as the top three sellers of new financed wheel loaders. Top models sold included the Deere 544 P-Tier (401), Deere 624 P-Tier (380) and the Komatsu WA270-8 (364).

[Watch: “A Really Solid Machine” – Test Run of Komatsu’s WA475-10 Wheel Loader]

Cat (28.5%) and Deere (22.9%) also snagged the No. 1 and 2 positions for the highest number of financed used units sold, with Case (14.7%) claiming the third spot. On the date we examined the data, the top-selling models were the Case 321F (340), Cat 926M (164) and the Case 621G (159). 

During this period, there were more buyers of new loaders in Florida (955) than in any other state. Buyers of new wheel loaders were also prevalent in Texas (893) and Illinois (665). Those states were also top buyers of used financed machines, with 712 units sold in Texas, 413 in Florida, and 412 in Illinois.

EDA data is compiled from state UCC-1 filings on financed construction equipment. EDA continually updates this data as information comes in from each state.

[Related Content: A Rundown of the Latest Wheel Loaders for 2023]

Used Wheel Loader Market

Used wheel loader prices rose 10.1% for the 12-month period from August 1, 2022 to July 31, 2023, according to Randall Reilly’s EquipmentWatch market trend data.

The average price for a used wheel loader was $137,465 in July 2022 compared to $151,367 in July 2023. The average age of used wheel loaders fell slightly during the period, dropping from 8.8 years to 8.3 years.

EquipmentWatch Used wheel loader price and age chartEquipmentWatchThe average age and price were calculated on 153,356 resale listings during the period in the EquipmentWatch database.

Over the last 12 months, prices for used wheel loaders have in general increased, with the largest gains in October 2022 (6.5%) and February 2023 (2.9%).

EquipmentWatch defines fair market value (FMV) as the monetary value of an asset that can be expected in a transaction with a single seller and single buyer, neither of whom is under any compulsion or time restriction to complete the transaction. FMV for heavy equipment is most closely associated with the private resale market, as opposed to the public auction market.

Wheel Loader Auction Prices

Caterpillar also dominated the auction charts, accounting for 18 of the top 20 wheel loaders sold in terms of price for the 12-month period of September 1, 2022 to August 31, 2023. Deere and Komatsu were the only other manufacturers to appear on the list.

The top auction price spot went to a 2021 Cat 966M with 2,188 hours. It sold for $400,000 at a Ritchie Bros. auction in Orlando, Fla., on September 21, 2022. The second-highest price paid was $315,000 for a 2019 Cat 980M with 7,836 hours at another Ritchie Bros. sale in Atlanta, on December 1, 2022. Rounding out the top three was a 2018 Deere 944K with 8,941 hours. It sold for $290,00 at a J.M. Wood Auction Co. sale in Montgomery, Ala., on March 21, 2023.

In total, there were 358 wheel loaders sold at auctions tracked by Top Bid during this time, with an average price of $99,747. (This does not include any units sold for less than $5,000.)

EDA, Top Bid and EquipmentWatch are owned by Randall Reilly, parent of Equipment World.

[Related Content: Heavy Equipment Auctions Set for Second Half of 2023

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Video: A closer look at Rokbak articulated dump trucks

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Volvo Construction Equipment bought Terex’s off-road truck line in 2014, and six years later, it rebranded its articulated haulers under the Rokbak name.

On this episode of The Dirt, we hear from Paul Douglas, Volvo vice president of rigid haulers, who explains the differences between the old Terex line and the Rokbak trucks. He also gives a hint at some of the new things coming from Rokbak, including redesigned cabs and replacing the current trucks with new models. There’s also the possibility of a new size truck to hit the market.

Rokbak, as with other construction equipment brands, is working toward a zero-emissions future. On this episode, he explains where the articulated dump truck market is heading in terms of alternative fuel. He adds that customers will see big changes in emissions and engines in the next five years, with the ultimate goal of reaching zero emissions within 10 years.

So to learn more about Rokbak and what the brand has in store for the future, check out this episode of The Dirt.  

Equipment World serves up weekly videos on the latest in construction equipment, work trucks and pickup trucks – everything contractors need to get their work done. Subscribe and visit us at equipmentworld.com!

In This Episode:

  • 00:00 – Rokbak Articulated Haulers
  • 00:30 – Is Rokbak More Reliable Than Terex?
  • 03:22 – Brand New Cab
  • 06:10 – More Changes to Upcoming Rokbak Trucks
  • 09:20 – What Will Rokbak Do in the Next 2-5 Years?
  • 11:24 – What Alternative Fuel Will Rokbak Haulers Use in the Future?
  • 14:53 – Final Thoughts

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