Global Compact Construction Equipment Market is further estimated to grow at a CAGR of 5.08% from 2018 Market Key Players AB Volvo (Sweden), Hyundai Heavy Industries Co. LTD. (South Korea), Caterpillar, Inc. (U.S), Deere & Company (U.S), Komatsu Ltd., J C

COMPACT CONSTRUCTION EQUIPMENT MARKET was valued at USD 4.31 Billion in the year 2017. Global Compact Construction Equipment Market is further estimated to grow at a CAGR of 5.08% from 2018 to reach USD 5.80 Billion by the year 2023.

Leading the compact construction equipment market with population growth, high economic growth and continued infrastructure improvements in the Asia-Pacific region. In addition, the high demand for efficient, robust, portable, easy-to-use, lightweight equipment for loading, material handling and excavation in North America and Europe provides significant market growth potential. It also leads the market because the equipment maintenance cost is low. However, shortages of skilled workers, fluctuations in fuel prices and stringent regulations on engine emissions limit market growth.

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.

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North America region holds the highest market share in 2017 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.

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.

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Major points from Table of Contents for Global Compact Construction Equipment Industry 2018 Market Research Report include:
1 Compact Construction Equipment Market Overview
2 Global Compact Construction Equipment Market Competition by Manufacturers
3 Global Compact Construction Equipment Capacity, Production, Revenue (Value) by Region (2018-2023)
4 Global Compact Construction Equipment Supply (Production), Consumption, Export, Import by Region (2018-2023)
5 Global Compact Construction Equipment Production, Revenue (Value), Price Trend by Type
6 Global Compact Construction Equipment Market Analysis by Application
7 Global Compact Construction Equipment Manufacturers Profiles/Analysis
8 Compact Construction Equipment Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Compact Construction Equipment Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix

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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.

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