Help From Rapid Advancement in Battery Technology is a Key Trend Gaining Market Momentum
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The compact electric construction equipment market is forecasted to grow by USD 67.1 billion during 2023-2028, accelerating at a CAGR of 16.81% during the forecast period. The report on the compact electric construction equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing urbanization and infrastructure development, cost-effectiveness of using compact electric construction equipment over time, and rising awareness of environmental sustainability.
The compact electric construction equipment market is segmented as below:
By Product Type
- Forklift
- Loader
- Excavator
- AWP equipment
By Application
- Commercial
- Residential
- Infrastructure
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the compact electric construction equipment market covers the following areas:
- Compact electric construction equipment market sizing
- Compact electric construction equipment market forecast
- Compact electric construction equipment market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global compact electric construction equipment market: AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere and Co., Doosan Corp., Guangxi Liugong Machinery Co. Ltd., Haulotte Group, HD Hyundai Co. Ltd., Hidromek Hidrolik ve Mekanik Makina Imalat Sanayi ve Ticaret A.S., Hitachi Ltd., J C Bamford Excavators Ltd., Kobe Steel Ltd., Komatsu Ltd., Kubota Corp., Liebherr International AG, Manitou BF SA, NACCO Industries Inc., Sany Group, Takeuchi Mfg. Co. Ltd, and Wacker Neuson SE.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is help from rapid advancement in battery technology."
According to the report, one of the major drivers for this market is the increasing urbanization and infrastructure development.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Caterpillar Inc.
- CNH Industrial NV
- Deere and Co.
- Doosan Corp.
- Guangxi Liugong Machinery Co. Ltd.
- Haulotte Group
- HD Hyundai Co. Ltd.
- Hidromek Hidrolik ve Mekanik Makina Imalat Sanayi ve Ticaret A.S.
- Hitachi Ltd.
- J C Bamford Excavators Ltd.
- Kobe Steel Ltd.
- Komatsu Ltd.
- Kubota Corp.
- Liebherr International AG
- Manitou BF SA
- NACCO Industries Inc.
- Sany Group
- Takeuchi Mfg. Co. Ltd
- Wacker Neuson SE
