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Compact Construction Equipment Market By Equipment (Backhoe Loaders, Excavators, Skid Steer Loaders) By End User Industry (Metals & Mining, Construction, Agriculture) By Application(Loading, Excavation, Material Handling, Lifting & Hosting) Global Size Analysis and Industry Forecast, 2019-2025.

  • Category:Manufacturing & Construction
  • Published on:14 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 490452
  • Publisher:Genesis Market Insights

Overview

COMPACT CONSTRUCTION EQUIPMENT MARKET was valued at USD 4.31 Billion in the year 2018. Global Compact Construction Equipment Market is further estimated to grow at a CAGR of 5.08% from 2019 to reach USD 5.80 Billion by the year 2025.

North America region holds the highest market share in 2018 and Europe market is considered as the fastest growing market in the forecasted period due to growing demand for recycling products and technological advancements. At a country level, the U.S. & Canada is projected to grow strongly in the coming years.

AB Volvo (Sweden), Hyundai Heavy Industries Co. LTD. (South Korea), Caterpillar, Inc. (U.S), Deere & Company (U.S), Komatsu Ltd., J C Bamford Excavators Ltd., Manitou BF and S.A. (Mustang) are some of the key players in the Global Compact Construction Equipment market. Better global reach at an operational level is the main reason the key players are holding substantial market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

Drivers:

Light weight and easy to transport and operate

Benefits associated with using compact equipment?s

Restraints:

Lack of skilled operators

Stringent regulations & fluctuating fuel prices

Opportunities:

Highly growing Investment in infrastructure projects globally

Innovation in technology

Challenges:

Low entry barriers

Lack of structure

The segmentation is done on the basis of equipment Type, by end user industry, by application, and by region. On the basis of equipment type, the global Compact Construction Equipment market is sub segmented as backhoe loaders, excavators, skid steer loaders, track loaders, telehandlers and others of which the backhoe loaders segment is expected to hold the highest CAGR during the forecast period.

The segmentation done on the basis of end use industry includes metals & mining, construction, agriculture and others of which construction segment is expected to hold the highest market share among other types of end use industry. On the basis of application the market is segmented as loading, excavation, material handling, lifting & hosting and others of which loading as an application is expected to grow at the highest Market share during the forecasted period.

Key Benefits for Stakeholders

Compact Construction Equipment Manufacturers, Distributors and Retailers

Raw material suppliers

Construction & building firms

Research and Consulting Organization

Technology Standards Organizations, Forums, Alliances and Associations

By Equipment

Backhoe Loaders

Excavators

Skid Steer Loaders

Track Loaders

Telehandlers

Others

By End User Industry

Metals & Mining

Construction

Agriculture

Others

By Application

Loading

Excavation

Material Handling

Lifting & Hosting

Others

By Region

North America

Europe

Asia Pacific

RoW

Key Market Players

AB Volvo

Hyundai Heavy Industries Co. LTD.

Caterpillar, Inc.

Deere & Company

Komatsu Ltd.

J C Bamford Excavators Ltd.

Manitou BF, S.A. (Mustang)

Sany Group

XCMG Group

King Machinery

(A brief overview of 15 companies is also provided)

Research Methodology:

Genesis Market Insights follows in depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in house Data on a broad front.
Both Bottom Up and Top Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.


  • Analysis and forecasts at the global, regional and national levels of the research market; Provide insight into the major countries / regions this industry is blooming and identify regions that have not yet been developed

  • Segment-level analysis by shielding type, thermal application, and application, along with market size predictions and estimates, detail key areas of industrial growth.

  • Identify key market drivers, constraints, opportunities and challenges (DROCs) and their impact on changing market dynamics

  • Study of the effects of exogenous and endogenous factors affecting the global market; Among the macro-environmental factors shown in the extensive PESTLE analysis include demographics, economics and politics.

  • We use Porter's five force analysis to analyze competitive levels and business strategy development to study microenvironmental factors that determine the overall profitability of an industry.

  • A list of key market participants with a portfolio of products to study and maintain the market environment, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview

  • Competitive topographic analysis listing mergers, acquisitions, and collaborations in the field, along with major company new product launches, comparative financial research, and recent developments in the market

  • Summary omitting entire reports to help decision makers quickly become familiar with background information, concise analysis, and key conclusions

  • Professionally devise analyst overviews with investment opportunities to provide a strong financial foundation in the market for both individuals and organizations

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