Compact Loaders Market - Technological Advances to be an Emerging Trend | Technavio

Technavio has published a new market research report on the global compact loaders market from 2018-2022. (Graphic: Business Wire)

LONDON--()--Technavio’s latest market research report on the global compact loaders market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

According to Technavio market research analysts, the global compact loaders market will grow at a CAGR of close to 2% during the forecast period. The growth of construction activity is a major factor driving the market’s growth.

The growing focus on infrastructure is enabling economic growth and improving the living standards of people. As a result, construction activity is growing globally. Developed economies such as the US, Canada, and countries in the European Union are trying to improve their current infrastructure. Repair work on bridges, dams, buildings, and roads is expected to drive the growth of construction activity in these developed economies.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio highlights the technological advances as one of the key emerging trends driving the global compact loaders market:

Technological advances

The adoption of advanced technology and telematics in compact loaders is expected to increase with the on-set of technologies such as AI, ML, blockchain, advanced analytics, Big Data, IoT, virtual assistants, automated vehicles, augmented reality (AR), and virtual reality (VR). The adoption of these technologies is increasing in numerous industries. For example, IoT is adopted in several industries to connect devices. The integration of such technologies in compact loaders will allow players to construct safe and regulatory compliant compact loaders.

“With the advent of advanced sensors being equipped with compact loaders, key performance indicators related to maintenance issues such as the breakdown of parts, stress in the chassis, fuel levels, and temperature variations, can be monitored. Advanced compact loaders provide alerts when such issues are detected, which prevents equipment downtime and increases cost and operational efficiencies,” says a senior analyst at Technavio for research on construction.

IoT is being used to manage machine hours, fuel consumption, idle time, and global positioning system (GPS) tracking. Such features allow owners to schedule preventive maintenance, increase productive parameters, and decrease the theft and misuse of equipment.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global compact loaders market segmentation

This market research report segments the global compact loaders market into the following applications (construction and agriculture) and key regions (the Americas, APAC, and EMEA).

The construction segment held the largest market share in 2017, accounting for nearly 43% of the market. The market share for this application is expected to increase by 2022. The fastest growing application is manufacturing, which will account for nearly 25% of the total market share by 2022.

The Americas was the leading region for the global compact loaders market in 2017, accounting for a market share of nearly 45%. By 2022, the Americas is expected to continue dominating the market and register the highest growth rate.


Technavio’s best deals of the month!

Technavio supports Health for All campaign on this World Health Day with 20% savings on all reports in the

Health and Wellness category for the entire month.


Celebrate International Astronomy Day by indulging in a whopping 30% savings on all reports in the Space category. Offer valid from 16th April for a limited period.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Release Summary

Technavio’s latest market research report on the global compact loaders market provides an analysis of the most important trends and drivers.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200