Press release
Compact Utility Vehicles Market to grow at nearly 2.4% during 2021-2031
Compact Utility Vehicles Market
Demand for compact utility vehicles waned in 2020, and due to the COVID-19 economic impact, the automotive industry is in recovery mode. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12907
Key Takeaways
1. In addition to sales generated through ‘owning’, rentals will continue to be a substantial avenue for compact utility vehicle manufacturers
2. Tracked compact utility vehicles are witnessing higher sales vis-à-vis other platforms
3. Stringent environment regulations are influencing manufacturers to accelerate electric variant launch
4. Consistent increase in constriction activities through infrastructure development will be key to demand during 2021-2031
“Upsurge in demand for off-road vehicles in recent years is expected to provide an impetus to compact utility vehicle sales. Compact size, low fuel consumption and high performance of compact utility vehicles is expected to create substantial growth prospects.” says FMI analyst.
Competitive Landscape
The market is moderately consolidated, with key players accounting for significant market share. Some of the key players in the market are Doosan Bobcat, Kubota Corporation, and Komatsu Ltd, and Hitachi Construction Machinery Co. Ltd. among others. These players are likely to invest in new technologies, especially electric variants, to maintain their market share
Compact Utility Vehicle Market Projection
Compact utility vehicle market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop customized vehicles that meet personalized requirements of consumers. Collaboration with regional construction contractors or construction companies as a prime strategy expected magnify in the forecast period.
We Offer tailor-made Solutions to fit Your
Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-12907
Key Segments
By Vehicle Type
• Skid Steer Loaders
• Excavators
• Detachable Accessory Based Vehicles
• Power Auger
• Hydraulic Breaker
• Diggers
• Dumpers
• Others
By Platform
• Tracked
• Wide
• Narrow
• Wheeled
By Operation Type
• Diesel
• Electric
By Rated Power
• 20 to 25 HP
• 25 to 50 HP
By Applications
• Construction
• Gardening & Landscaping
• Civic Utilities
• Industrial
By Sales Channel
• Direct End User
• Rental
By Region
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Compact Utility Vehicles Market to grow at nearly 2.4% during 2021-2031 here
News-ID: 2506174 • Views: …
More Releases from Future Market Insights
Tumor Profiling Market Size and Share Forecast Outlook From 2025 to 2035
The Tumor Profiling Market is entering a transformative decade, driven by precision oncology, liquid biopsy advancements, advanced sequencing technologies, and growing demand for personalized cancer treatment. As leading companies like Thermo Fisher Scientific, Illumina, F. Hoffmann-La Roche AG, Bio-Rad Laboratories, and Agilent Technologies strengthen their product portfolios, the tumor profiling market is expected to witness sustained adoption across diagnostic laboratories, clinics, and hospitals.
"Explore trends before investing - request a sample…
Personalization Lead the Prescription Lens Market Share Analysis Growth Path
The global Prescription Lens Market Share Analysis is entering a pivotal growth phase as aging populations, digital lifestyles, and advanced vision-care technologies reshape consumer needs. The market is projected to grow at a 3.7% CAGR and reach USD 62,666.2 million by 2035. As demand continues accelerating, leading brands are refining their strategies to serve evolving optical expectations.
"Explore trends before investing - request a sample report today!"
https://www.futuremarketinsights.com/reports/sample/rep-gb-20711
Market Momentum: What Is Powering…
Peptide Microarray Market Growth Outlook to 2035: Innovation, Strategy, and Mark …
The Peptide Microarray Market is entering a transformative phase driven by technology advancements, rising investment in proteomics, and expanding applications across diagnostics and drug discovery. According to projections, the peptide microarray market is set to reach USD 903.8 million by 2025, progressing steadily at a CAGR of 3.8% through 2035. Precision tools, proteomics infrastructure growth, and innovation in peptide profiling platforms continue to reshape the future of global healthcare innovation.
Explore…
Japan Cold Laser Therapy Market Size and Share Forecast Outlook From 2025 to 203 …
The Japan Cold Laser Therapy Market is set for steady expansion as healthcare providers, manufacturers, and end users shift toward advanced non-invasive treatment technologies. The (Japan Cold Laser Therapy Market) is projected to rise from USD 7.2 million in 2025 to USD 12.0 million by 2035, reflecting a CAGR of 5.2%. Cold laser therapy is gaining recognition due to its ability to reduce inflammation, promote healing, and alleviate pain-without requiring…
More Releases for Compact
Compact Wheel Loaders : Efficiency and Versatility in Compact Construction Machi …
The compact wheel loader is a type of earth-moving machine that consists a tractor and a bucket mounted on the front of the tractor. The attached bucket is used to collect stray material from the ground which could be dirt, sand, or gravel. The compact loaders are classified based on to their gross power, with the majority of compact wheel loaders having a maximum gross power of less than 100…
Compact Portable Heater Information
A compact portable heater can be a great way to keep your home or office warm during the colder months. There are many different types and models of compact heaters on the market so it is important to do your research before purchasing one. In this essay, we will discuss the two main types of compact portable heaters: electric and propane. We also share some tips on how to choose…
Fact.MR Compact Substation Market Segmented By Application Type – Residential, …
Global Compact Substation Market: Introduction
A compact substation is a subordinate substation of an electricity generation, transmission and distribution system where voltage is transformed. The main aim of a compact substation is to step down high-voltage electricity to low-voltage electricity or vice-versa, so it can be easily utilized in residential and industrial applications.
Compact Substation is equipped with control and communication units in order to detect and extinguish fires quickly. Compact Substation…
Compact shading, extended potential
With a discreet design that has a dramatic presence, the markilux 1300 Basic has it all.
Are you looking to make a big impact, but only have space for a smaller shading system? The markilux 1300 Basic is quite simply the best compact solution on the market today. Slim, stylish and suave, the recently refreshed model is perfect for both awkward small spaces and larger outdoor areas. Offering unrivalled value-for- money,…
Compact Technology – High Efficiency
Support for intelligent energy management and the market integration of renewable energy: the innovative frequency converters for energy storage and grid compensation from Knorr-Bremse PowerTech. At E-world in Essen (February 7-9, 2017), the Berlin company will supply answers to the hot issues in today’s energy market in hall 6 at booth 6-402.
Converting energy into efficiency: Converters may be a e small component of energy systems but they can have an…
New Compact Linear Drive
PIShift drives are compact and cost-efficient piezo linear drives from PI (Physik Instrumente), the Karlsruhe specialist for positioning systems. The drives use the stick-slip effect and, due to the high operating frequency of more than 20 kHz, they are noiseless.
The load is coupled to the moving rod. Typical applications of drives operating with this principle are the adjustment of optical and opto-mechanical components, cell manipulation as well as industrial applications…
