Global Compact Construction Equipment Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
- 136 Pages
- Region: Global
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.
Scope of the Report:
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 worldwide market for Compact Construction Equipment is expected to grow at a CAGR of roughly 6.1% over the next five years, will reach 16400 million US$ in 2024, from 11500 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Compact Construction Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Wacker Neuson SE
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Compact Wheel Loaders
Compact Track Loaders
Skid Steer Loaders
Market Segment by Applications, can be divided into
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Compact Construction Equipment product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Compact Construction Equipment, with price, sales, revenue and global market share of Compact Construction Equipment in 2017 and 2018.
Chapter 3, the Compact Construction Equipment competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Compact Construction Equipment breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Compact Construction Equipment market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Compact Construction Equipment sales channel, distributors, customers, research findings and conclusion, appendix and data source.