Global Compact Construction Equipment Sales Market Report 2020

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%.

Market Analysis and Insights: Global Compact Construction Equipment Market
The global Compact Construction Equipment market size is projected to reach US$ 29920 million by 2026, from US$ 17170 million in 2020, at a CAGR of 9.7% during 2021-2026.

Global Compact Construction Equipment Scope and Market Size
The global Compact Construction Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Compact Construction Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Compact Construction Equipment market is segmented into
Mini Excavators
Compact Wheel Loaders
Compact Track Loaders
Skid Steer Loaders
Others

Segment by Application, the Compact Construction Equipment market is segmented into
Construction
Mining
Agriculture
Others

The Compact Construction Equipment market is analysed and market size information is provided by regions (countries). Segment by Application, the Compact Construction Equipment market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Compact Construction Equipment Market Share Analysis
Compact Construction Equipment market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Compact Construction Equipment business, the date to enter into the Compact Construction Equipment market, Compact Construction Equipment product introduction, recent developments, etc.

The major vendors covered:
Caterpillar
John Deere
Takeuchi
Wacker Neuson SE
Kubota
CNH Industrial
Sany
JCB
Komatsu
Volvo
Ditch Witch
Manitou
Hitachi
ASV
XCMG

Frequently Asked Questions