Global Compact Excavator Market Outlook – Growth Drivers and Opportunities Examined

Dublin 2, Ireland, 2018-Jun-22 — /EPR Network/ — The market for compact excavator is set to gain staggering growth, as a novel research study presented by Fact. MR’s research experts projects an astounding 2.7% CAGR through the year 2017-26. The research report titled, “Compact Excavator Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” is a comprehensive and valuable source of information and analysis on global market. Covering key industry developments and market opportunity plan during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and future market prospects.

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According to a recently published report by Fact.MR, the global market for compact excavators is likely to expand at a 2.7% CAGR in terms of volume during the forecast period, 2017-2026. The report further projects that by the end of 2026, over 173.6 Bn units of compact excavators will be sold across the globe. The report further reveals that the Asia-Pacific excluding Japan (APEJ) region will represent the largest market for compact excavators through 2026.

6 Forecast Highlights on Global Compact Excavators Market

1. Through 2026, the Asia-Pacific excluding Japan (APEJ) region is expected to dominate the global compact excavators market, by accounting for more than 40% share on global sales.

2. Europe’s compact excavators market, on the other hand, is poised to expand at a CAGR of 2.8% during the forecast period, becoming the second-most leading market with high growth.

3. In 2017 and beyond, a majority of compact excavators sold in the global market will be tail swing. The demand for zero tail swing compact excavators, on the other hand, will gain traction by registering fastest growth in terms of volume.

4. By the end of 2026, barely 18 Bn compact excavators sold in the global market will be powered by electric motors. With shortcomings of electric compact excavators in deep excavations, diesel compact excavators will remain predominant in the global market over the forecast period.

5. On the basis of operating weight, the 4000-10000 lbs. segment is likely to represent the leading segment in the global compact excavators market.

6. By the end of the forecast period, construction will emerge as the largest end-use vertical, followed by mining and forestry & agriculture.

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Demand for Electric Compact Excavators to Gain Traction by 2026-end

The report has also projected that tail swing compact excavators will be a top-selling product in the global market throughout the forecast period. On the other hand, zero tail swing compact excavators are expected to register a relatively high CAGR of 2.8% in terms of volume. On the basis of motor-type analysis, the demand for compact excavators with electric motors will surge in the latter half of the forecast period. Diesel compact excavators are expected to register largest revenue share of nearly 90% in the global compact excavators market through 2026.

Construction to Represent Largest End-use Vertical for Compact Excavators

The report has analyzed the global compact excavators market on the basis of their end-use across industrial verticals. The findings reveal that nearly three-fourth share of compact excavators sold in the global market will be used in construction sector. The demand for compact excavators in mining sector is also expected to gain traction towards the latter half of the forecast period. With respect to the operating weights, higher end-use in construction sector will be driving the demand for compact excavators with 4000-10000 lbs. capacity. By the end of 2026, over 80 Bn compact excavators with 4000-10000 lbs. operating weight capacity are expected to be sold globally.

Table of Content:

1. Global Economic Outlook
2. Global Compact Excavators Market – Executive Summary
3. Global Compact Excavators Market Overview
3.1. Introduction
3.1.1. Global Compact Excavators Market Taxonomy
3.1.2. Global Compact Excavators Market Definition
3.2. Global Compact Excavators Market Size (US$ Mn) & (Units) and Forecast, 2012-2026
3.2.1. Global Compact Excavators Market Y-o-Y Growth
3.3. Global Compact Excavators Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Raw Material Sourcing Strategy and Analysis
3.8. Service Provider List
3.9. Key Participants Market Presence (Intensity Map) By Region

4. Global Compact Excavators Market Analysis and Forecast 2012-2026 
4.1. Global Compact Excavators Market Size and Forecast By Product Types, 2012-2026
4.1.1. Tail Swing Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region

Continued….

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