Global Compact Loaders Market Overview:
Compact Wheel Loader is an equipment machine used in construction in order to move material such as asphalt, raw material, dirt, snow, demolition debris, gravel, logs, recycled material, rock, sand and more from one place to another. The wheel loader may be used in agriculture, constructions, forestry, landscaping, waste management or mining applications. Significant growth in the construction and agriculture sector in rural and semi-urban areas for compact loaders for earth digging or levelling and related work is propelling the market for the compact loader. According to AMA, the Global Compact Loaders market is expected to see growth rate of 6.2%
- Increasing Preference Of Compact Loaders For Earth Digging Or Leveling
- Rising Number Of Infrastructure Projects In Emerging Countries
- Rapidly Increase In Rate Of Urbanization
- Toothbar Is Commonly Added To The Front Edge Of A Loader Bucket For Digging Purpose
- Electric Motors Compact Loaders Opening Wide Scope of Opportunity
- High Investment in The Infrastructure Sector
Some of the key players profiled in the report are Bobcat Company Inc. (United States), Case Construction Equipment Inc. (United States), CNH Industrial (Netherland), Caterpillar (United States), Doosan (United States), Deere & Company (United States), Hitachi Construction Machinery (Japan), Hyundai (South Korea), JCB (United Kingdom), John Deere (United States), Kawasaki (United States), Komatsu (Japan), Kramer (Germany), Kubota Corporation (Japan), Larsen & Toubro (India) and Liebherr (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like LiuGong (China), Manitou (France), Navistar International (United States), New Holland (Italy), Volvo Construction Equipment (Sweden), Wacker Neuson (Germany), XCMG Group (China) and Yanmar (Japan). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Compact Loaders market by 2026. Considering Market by Components, the sub-segment i.e. Engine will boost the Compact Loaders market. Considering Market by Function, the sub-segment i.e. Loading will boost the Compact Loaders market. Considering Market by Operating Weight, the sub-segment i.e. Less Than 6000 Kg will boost the Compact Loaders market.
Latest Market Insights:
On 12th Jan 2021 - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has successfully concluded the deal to acquire the four businesses from CEG, a business unit of Humulani Marketing Pty Ltd, ultimately owned by Invicta Holdings Limited. The businesses to be acquired from CEG are: Case IH distributor Northmec; CASE Construction Equipment distributor CSE; spare parts distributor NHSA; and spare parts and implements distributor Landboupart, and On 26th Mar, 2021 - CNH Industrial N.V. announced today that it has completed the acquisition of a minority stake in Bennamann Ltd., a UK based, fast growing agricultural technology company in the field of clean energy. This acquisition will see CNH Industrial become Bennamannís exclusive strategic agricultural technology partner.
On 30th Mar, 2021 - To meet a variety of customer needs and budgets, Bobcat Company announced the launch of the new M3-Series compact loader line, adding to its extensive, growing line of compact equipment. Four new skid-steer and compact track loader models are now available by limited release in North America through select dealers. and In Feb, 2020 - Bobcat Company introduces next-generation R-Series compact loaders with a revolutionary redesign. The first R-Series loaders include the Bobcat T76 compact track loader and the S76 skid-steer loader.
ISO 6165 was prepared by Technical Committee ISO/TC 127, Earth-moving machinery, Subcommittee SC 4, Terminology, commercial nomenclature, classification and ratings. Annex A provides a procedure based on the identification structure used by this International Standard for classifying the machinery and for introducing detailed identifications consistent with the logic implied by the structure. and Annex B provides a hierarchy of the operator control configurations for earth-moving machinery.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Compact Loaders market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Compact Loaders market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Construction Equipment Manufacturers, Investment And Equity Research Firms, Private Equity Firms, After Treatment Device Manufacturers, Construction Equipment Dealers and Rental Equipment Providers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.