The analysts forecast the global compact loaders market will post a revenue of more than USD 10455 million by 2022.
Compact loaders are used in various industries such as construction, agriculture, and mining to load and move materials. Compact loaders are smaller and have lower capacity than conventional heavy construction equipment.
The report covers the present scenario and the growth prospects of the global compact loaders market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
One driver in the market is growth in construction activity. The construction activity is rising across the world due to the economic growth, growing focus on infrastructure, and improving living standards of people. In addition, various developed economies including Canada and the US and countries in the European Union (EU) are increasingly focusing on enhancing their existing infrastructures such as dams, buildings, and bridges.
The report states that one challenge in the market is increase in manufacturing costs. The components used in loader assemblies such as diesel tanks, hydraulics, air ducts, covers, fenders, and oil reservoirs are expensive. Due to the focus of environment an operator safety and the implementation of stringent regulations, the cost of manufacturing compact loaders is increasing.
- Deere & Company
- Doosan Bobcat
- Hitachi Construction Machinery
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Application
8: Customer Landscape
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/rlw33q/global_compact?w=4