This report presents the worldwide Compact Construction Equipment market size (value, production and consumption), splits the breakdown (data status 2013–2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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Compact construction equipment is an emerging term used in the construction equipment industry, which refers to small units are designed to work on small commercial and residential sites. The major utility factor of compact construction equipment is their versatility and ability to perform tasks that were previously undertaken by heavy machinery.
The main advantages of compact construction equipment are that they are low cost, light weight, and easy to transport and operate. However, there is no industry standard to specify any requirements to be met for equipment to be categorised as compact construction equipment. Categorisation is more dependent on the type of application performed in a particular sector. Generally, Mini Excavators, Compact Wheel Loaders, Multi Terrain Loaders, Compact Track Loaders and Skid Steer Loader are classified under compact construction equipment.
Compact Construction Equipment market has drawn significantly attention owing to the residential apartment construction cycle that provided a big boost to many economies during 2016 and 2017 is shifting focus. China and Europe are prime regions with strong penetration of Compact Construction Equipment market. China is the largest consumption area, accounting for 27.75%.
Compact Construction Equipment market is characterized with few leading giants. Caterpillar, John Deere, Takeuchi, Wacker Neuson SE, Kubota are the leading companies worldwide. As mergers and acquisition going on, market concentration is predicted to be higher.
Based on product type, the Mini Excavators segment of the global Compact Construction Equipment market share is the biggest, accounting for 40% of the demand in 2017. By applications, construction category accounted for 80.17% of the demand in 2017.
The key market players have been driving the growth with agreements, expansions, acquisitions, and new product launches to develop their position. It is competitive, with leading players being involved in the research & development of new Compact Construction Equipment.
Despite the presence of competition problems, due to the clear global economy recovery trend and industry profits, investors are still optimistic about this area; there will be more investments to enter the field.
The Compact Construction Equipment market was valued at 11500 Million US$ in 2017 and is projected to reach 18500 Million US$ by 2025, at a CAGR of 6.1% during the forecast period.
In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Compact Construction Equipment.
The following manufacturers are covered in this report:
- John Deere
- Wacker Neuson SE
- CNH Industrial
- Ditch Witch
Compact Construction Equipment Breakdown Data by Type
- Mini Excavators
- Compact Wheel Loaders
- Compact Track Loaders
- Skid Steer Loaders
Compact Construction Equipment Breakdown Data by Application
Compact Construction Equipment Production by Region
- United States
- Other Regions
Compact Construction Equipment Consumption by Region
- North America
- United States
- South Korea
- Rest of Europe
- Central & South America
- Rest of South America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
The study objectives are:
- To analyze and research the global Compact Construction Equipment status and future forecast?involving, production, revenue, consumption, historical and forecast.
- To present the key Compact Construction Equipment manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Compact Construction Equipment :
- History Year: 2013–2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year: 2018–2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Compact Construction Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Table of content
Table of Contents
1 Study Coverage
1.1 Compact Construction Equipment Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Compact Construction Equipment Market Size Growth Rate by Type
1.4.2 Mini Excavators
1.4.3 Compact Wheel Loaders
1.4.4 Compact Track Loaders
1.4.5 Skid Steer Loaders
1.5 Market by Application
1.5.1 Global Compact Construction Equipment Market Size Growth Rate by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Compact Construction Equipment Market Size
2.1.1 Global Compact Construction Equipment Revenue 2013–2025
2.1.2 Global Compact Construction Equipment Production 2013–2025
2.2 Compact Construction Equipment Growth Rate (CAGR) 2018–2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Compact Construction Equipment Manufacturers
22.214.171.124 Compact Construction Equipment Manufacturing Base Distribution, Headquarters
126.96.36.199 Manufacturers Compact Construction Equipment Product Offered
188.8.131.52 Date of Manufacturers Enter into Compact Construction Equipment Market
2.4 Key Trends for Compact Construction Eq
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