Overview
Compact Loader Market is forecast to reach $10.3 billion by 2025, growing at a CAGR 1.9% from 2020 to 2025. As new construction projects are announced, tremendous opportunities await the compact loader manufacturers as these equipment are largely used in the construction industry. The mechanization trend is also contributing to the growth of the market for compact loaders. Growing mechanization can be seen in rural and semi-urban areas, where customers prefer compact loaders for earth digging or levelling and other related work, including for small-scale construction projects. The coronavirus (COVID-19) Pandemic has caused stalemates in the manufacturing sector, which, in turn, seriously affects the sales of compact loaders.
Report Coverage
The report: “Compact Loader Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of Compact Loader Market
By Type: Backhoe Loaders, Wheeled Loaders, Compact Track Loaders, Skid Steer Loaders.
By Bucket Capacity: Less than 1 cubic meter, 1-2 Cubic Meter, 2-3 Cubic Meter, 3-5 Cubic Meter, More than 5 cubic meter
By Operating Weight: Less than 2000 Kg, 2000-4000 Kg, 4000-6000 Kg, More than 6000 Kg
By Application: Construction, Industrial, Utilities, Agriculture & Forestry, Others
By Geography: North America, South America, Europe, APAC, RoW
Key Takeaways
- The increase of mechanization is also leading to growth demand for compact loaders. Growing mechanization can be seen in rural and semi-urban areas, where customers prefer compact earth digging or levelling loaders and other related jobs, even for small-scale building projects.
- The major economies of the world, such as the United States, China, Japan, India, France, and Brazil, are experiencing growth, which is likely to boost the construction industry as a result of increased investment in infrastructure development in these countries.
- Compact loader market growth in North America is due to growing demand from the agricultural and mining sectors, coupled with increased regional building activities.
- Growth in construction activities across the globe will be the most important factor in boosting market growth for compact loaders.
By Application – Segment Analysis
Construction Segment is expected to grow at CAGR of 1.6% during the forecast period. Because of the high demand for earth moving equipment in the construction sector, the construction segment is likely to dominate the compact loaders market. The world's major economies, such as the U.S., China , Japan , India, France and Brazil, are witnessing expansion, which in turn is likely to boost the construction industry as a result of increased investment in infrastructure development in these countries. The growth of the market for compact loaders is driven by the expansion of the construction industry, as it is commonly used by construction companies for earth moving and building material loading. The construction industry is rising at a substantial rate and is expected to have a remarkable speed over the forecast period due to the advancement of technologies requiring infrastructure development such as adequate roadways, lane maintenance technology is needed. In addition, growing industrialization also requires a considerable amount of construction thus boosting the construction industry.
By Geography - Segment Analysis
North America currently dominates the global Compact Loader market with a share of more than 45.5%. Growth of compact loader market in this region is because of increasing demand from the agriculture and mining sectors, coupled with increased regional construction activities. Compact loaders are widely used in a range of applications because of their Compactness. An additional increase in the number of infrastructural projects is expected to drive growth in the compact loader market in North America. There is a tremendous need in the U.S. to upgrade existing infrastructure, especially road infrastructure. According to the U.S. government 's figures, one out of nine U.S. road bridges is in desperate need of repair, 30% of major roads are in bad condition and 42% of major urban highways are congested. This will help to boost the market growth of compact leader.
Drivers – Compact Loader Market
- Growing use of technologies like AI, ML, Blockchain, IoT, AR and VR
Increase in the use of technologies such as AI, ML, blockchain, IoT, virtual assistants, autonomous vehicles, AR, and VR and new innovation has been a key factor for this market to grow. The increasing adoption of these technologies would further drive the adoption in compact loaders. The growth of construction activities coupled with the emergence of new technology would lead to a growth of the demand for compact loaders market.
Growth in Construction Activities
Growth in construction activities across the globe will be the most important factor in boosting market growth for compact loaders. In recent years, APAC has seen significant infrastructure growth, while developed economies like Canada, the US and various EU countries are concentrating on developing their current dam, building and bridge infrastructure. This promotes investment and increases the number of infrastructure projects, which in turn would increase the need for building equipment and heavy equipment such as compact loaders and therefore allow its demand to expand and market to grow.
Challenges – Compact Loader Market
- High Cost & COVID-19 Pandemic
High cost is expected to impede compact loader market growth. It is not possible to bear these high costs for SMEs and to maintain it as compact wheel loader has a higher initial purchase price, in many cases it is not possible for many small companies to bear it and high cost is expected to hamper the market growth. In COVID-19 pandemic, manufacturing sector is affected very badly and thus this will also hamper the growth of compact loader.
Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in Compact Loader Market. Compact Loader Market is expected to be dominated by major companies such as Caterpillar, Deere and Company, Volvo AB, Komatsu Corporation, and CNH Industrial N.V.
Acquisitions/Technology Launches
- In December 2019, Komatsu launched its new Stage V compliant WA80M-8 compact loader, complete with Komtrax telematics for fleet management, efficiency maximisation and support.
- In March 2020, CASE Construction Equipment launched its next generation of compact track loaders (CTLs) and skid steers with the introduction of the B-Series. The five CTL and nine skid steer models span radial and vertical lift patterns.
1. Compact Loaders Market - Overview
1.1 Definitions and Scope
2. Compact Loaders Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Compact Loaders Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Compact Loaders Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Compact Loaders Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Compact Loaders Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Compact Loaders Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
11.1 Compact Loaders Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Compact Loaders- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Compact Loaders- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Compact Loaders - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Compact Loaders - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Compact Loaders Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Compact Loaders Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Compact Loaders Market - Key Company List by Country Premium
16.1 Abbreviations
16.2 Sources
17. Compact Loaders Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
1.1 Definitions and Scope
2. Compact Loaders Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Compact Loaders Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Compact Loaders Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Compact Loaders Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Compact Loaders Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Compact Loaders Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Compact Loaders Market - By Product Type(Market Size -$Million / $Billion)
8.1 Compact Track Loader
8.2 Skid Steer Loader
8.3 Wheel Loader
8.4 Backhoe Loader
9. Compact Loaders Market - By Type(Market Size -$Million / $Billion)
10. Compact Loaders - By Application Type(Market Size -$Million / $Billion)
10.1 Agriculture Forestry
10.2 Utility
10.3 Industrial
10.4 Construction
11. Compact Loaders- By Geography (Market Size -$Million / $Billion)11.1 Compact Loaders Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Compact Loaders- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Compact Loaders- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Compact Loaders - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Compact Loaders - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Compact Loaders Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Compact Loaders Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Compact Loaders Market - Key Company List by Country Premium
15. Compact Loaders Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Caterpillar Inc.
15.3 CNH Industrial N.V.
15.4 Deere & Company
15.5 Doosan Corporation
15.6 Hitachi Construction Machinery Co. Ltd.
15.7 Komatsu Ltd.
15.8 KUBOTA Corporation
15.9 Liebherr Group
15.10 Sany Heavy Industry Co. Ltd.
15.11 Takeuchi Mfg. Co, Ltd.
15.12 Volvo Construction Equipment
15.13 Xuzhou Construction Machinery Group Co. Ltd
15.14 Yanmar Holding Co. Ltd.
15.15 Company 14
15.16 Company 15 & More
*Financials would be provided on a best efforts basis for private companies
16. Compact Loaders Market - Appendix16.1 Abbreviations
16.2 Sources
17. Compact Loaders Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends