Global Compact Utility Vehicles Market Size study, by Vehicle Type (Skid Steer Loaders, Excavators, Detachable Accessory Based Vehicles) by Platform (Tracked, Wheeled) by Operation Type (Diesel, Electric) by Rated Power (20 to 25 HP, 25 to 50 HP) by Sales Channel (Direct End User, Rental) by end use industries (Construction, Gardening & Landscaping, Civic Utilities, Industrial) and Regional Forecasts 2022-2028Global Compact Utility Vehicles Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Compact utility vehicles have been widely used in construction industry for digging, drilling, and boring, and other operations. Compact utility vehicles which are widely used are Skid Steer Loaders, Excavators. CUVs play important role in construction activities. Growing Construction Industry and rising technological advancements and new product launches from leading market players are key drivers for the growth of Compact Utility Vehicles market. For instance, according to Oxford Economics- as of 2020, Global construction output was estimated at USD 10.7 trillion and as per the projections the market would grow by 42% or USD 4.5 trillion between 2020 and 2030 and would reach to USD 15.2 trillion. In recent events, in August 2021 XCMG, China based Construction Machinery company has launched XE27E/U 2.7-ton mini excavator and in December 2021, Doosan Bobcat, an US based construction Machinery company launched three of its new -7 compact excavators – the DX27Z-7, DX35Z-7 and DX50Z-7.Also, with rising infrastructure development sector in emerging economies and growing R&D activities in construction sector, the adoption & demand for Compact Utility Vehicles is likely to increase the market growth during the forecast period. However, high operating & maintenance cost of Compact Utility Vehicles and disruptions in supply and demand due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Compact Utility Vehicles Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to the region being biggest construction market and presence of leading market players. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing infrastructure development in the emerging countries of the region would create lucrative growth prospects for the Compact Utility Vehicles Market across Asia-Pacific region.
Major market player included in this report are:
Kubota Corporation
Komatsu Ltd.
Hitachi Construction Machinery Co. Ltd.
Doosan Bobcat
Hyundai Construction Equipment Co., Ltd.
CNH Industrial America LLC
YANMAR HOLDINGS CO., LTD.
Mitsubishi Logisnext Co., Ltd.
Volvo Construction Equipment
Caterpillar
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vehicle Type:
Skid Steer Loaders
Excavators
Detachable Accessory Based Vehicles
By Platform:
Tracked
Wheeled
By Operation Type:
Diesel
Electric
By Rated Power:
20 to 25 HP
25 to 50 HP
By Sales Channel:
Direct End User
Rental
By End Use Industries:
Construction
Gardening & Landscaping
Civic Utilities
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Compact Utility Vehicles Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Kubota Corporation
Komatsu Ltd.
Hitachi Construction Machinery Co. Ltd.
Doosan Bobcat
Hyundai Construction Equipment Co., Ltd.
CNH Industrial America LLC
YANMAR HOLDINGS CO., LTD.
Mitsubishi Logisnext Co., Ltd.
Volvo Construction Equipment
Caterpillar
- Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Compact Utility Vehicles Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Compact Utility Vehicles Market, by Vehicle Type, 2020-2028 (USD Billion)
- 1.2.3. Compact Utility Vehicles Market, by Platform, 2020-2028 (USD Billion)
- 1.2.4. Compact Utility Vehicles Market, by Operation Type, 2020-2028 (USD Billion)
- 1.2.5. Compact Utility Vehicles Market, by Rated Power, 2020-2028 (USD Billion)
- 1.2.6. Compact Utility Vehicles Market, by Sales Channel, 2020-2028 (USD Billion)
- 1.2.7. Compact Utility Vehicles Market, by End Use Industries, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
- Chapter 2. Global Compact Utility Vehicles Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
- Chapter 3. Global Compact Utility Vehicles Market Dynamics
- 3.1. Compact Utility Vehicles Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing Construction industry
- 3.1.1.2. Rising Technological advancements & new product launches.
- 3.1.2. Market Challenges
- 3.1.2.1. Disruption in supply and demand due to pandemic restrictions.
- 3.1.2.2. High operating and maintenance cost.
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising infrastructure development sector in emerging economies.
- 3.1.3.2. Growing R&D activities in Construction Sector.
- Chapter 4. Global Compact Utility Vehicles Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
- Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
- Chapter 6. Global Compact Utility Vehicles Market, by Vehicle Type
- 6.1. Market Snapshot
- 6.2. Global Compact Utility Vehicles Market by Vehicle Type, Performance - Potential Analysis
- 6.3. Global Compact Utility Vehicles Market Estimates & Forecasts by Vehicle Type 2019-2028 (USD Billion)
- 6.4. Compact Utility Vehicles Market, Sub Segment Analysis
- 6.4.1. Skid Steer Loaders
- 6.4.2. Excavators
- 6.4.3. Detachable Accessory Based Vehicles
- Chapter 7. Global Compact Utility Vehicles Market, by Platform
- 7.1. Market Snapshot
- 7.2. Global Compact Utility Vehicles Market by Platform, Performance - Potential Analysis
- 7.3. Global Compact Utility Vehicles Market Estimates & Forecasts by Platform 2019-2028 (USD Billion)
- 7.4. Compact Utility Vehicles Market, Sub Segment Analysis
- 7.4.1. Tracked
- 7.4.2. Wheeled
- Chapter 8. Global Compact Utility Vehicles Market, by Operation Type
- 8.1. Market Snapshot
- 8.2. Global Compact Utility Vehicles Market by Operation Type, Performance - Potential Analysis
- 8.3. Global Compact Utility Vehicles Market Estimates & Forecasts by Operation Type 2019-2028 (USD Billion)
- 8.4. Compact Utility Vehicles Market, Sub Segment Analysis
- 8.4.1. Diesel
- 8.4.2. Electric
- Chapter 9. Global Compact Utility Vehicles Market, by Rated Power
- 9.1. Market Snapshot
- 9.2. Global Compact Utility Vehicles Market by Rated Power, Performance - Potential Analysis
- 9.3. Global Compact Utility Vehicles Market Estimates & Forecasts by Rated Power 2019-2028 (USD Billion)
- 9.4. Compact Utility Vehicles Market, Sub Segment Analysis
- 9.4.1. 20 to 25 HP
- 9.4.2. 25 to 50 HP
- Chapter 10. Global Compact Utility Vehicles Market, by Sales Channel
- 10.1. Market Snapshot
- 10.2. Global Compact Utility Vehicles Market by Sales Channel, Performance - Potential Analysis
- 10.3. Global Compact Utility Vehicles Market Estimates & Forecasts by Sales Channel 2019-2028 (USD Billion)
- 10.4. Compact Utility Vehicles Market, Sub Segment Analysis
- 10.4.1. Direct End User
- 10.4.2. Rental
- Chapter 11. Global Compact Utility Vehicles Market, by End Use Industries
- 11.1. Market Snapshot
- 11.2. Global Compact Utility Vehicles Market by End Use Industries, Performance - Potential Analysis
- 11.3. Global Compact Utility Vehicles Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
- 11.4. Compact Utility Vehicles Market, Sub Segment Analysis
- 11.4.1. Construction
- 11.4.2. Gardening & Landscaping
- 11.4.3. Civic Utilities
- 11.4.4. Industrial
- Chapter 12. Global Compact Utility Vehicles Market, Regional Analysis
- 12.1. Compact Utility Vehicles Market, Regional Market Snapshot
- 12.2. North America Compact Utility Vehicles Market
- 12.2.1. U.S. Compact Utility Vehicles Market
- 12.2.1.1. Vehicle Type breakdown estimates & forecasts, 2019-2028
- 12.2.1.2. Platform breakdown estimates & forecasts, 2019-2028
- 12.2.1.3. Operation Type breakdown estimates & forecasts, 2019-2028
- 12.2.1.4. Rated Power breakdown estimates & forecasts, 2019-2028
- 12.2.1.5. Sales Channel breakdown estimates & forecasts, 2019-2028
- 12.2.1.6. End Use Industries breakdown estimates & forecasts, 2019-2028
- 12.2.2. Canada Compact Utility Vehicles Market
- 12.3. Europe Compact Utility Vehicles Market Snapshot
- 12.3.1. U.K. Compact Utility Vehicles Market
- 12.3.2. Germany Compact Utility Vehicles Market
- 12.3.3. France Compact Utility Vehicles Market
- 12.3.4. Spain Compact Utility Vehicles Market
- 12.3.5. Italy Compact Utility Vehicles Market
- 12.3.6. Rest of Europe Compact Utility Vehicles Market
- 12.4. Asia-Pacific Compact Utility Vehicles Market Snapshot
- 12.4.1. China Compact Utility Vehicles Market
- 12.4.2. India Compact Utility Vehicles Market
- 12.4.3. Japan Compact Utility Vehicles Market
- 12.4.4. Australia Compact Utility Vehicles Market
- 12.4.5. South Korea Compact Utility Vehicles Market
- 12.4.6. Rest of Asia Pacific Compact Utility Vehicles Market
- 12.5. Latin America Compact Utility Vehicles Market Snapshot
- 12.5.1. Brazil Compact Utility Vehicles Market
- 12.5.2. Mexico Compact Utility Vehicles Market
- 12.6. Rest of The World Compact Utility Vehicles Market
- Chapter 13. Competitive Intelligence
- 13.1. Top Market Strategies
- 13.2. Company Profiles
- 13.2.1. Kubota Corporation
- 13.2.1.1. Key Information
- 13.2.1.2. Overview
- 13.2.1.3. Financial (Subject to Data Availability)
- 13.2.1.4. Product Summary
- 13.2.1.5. Recent Developments
- 13.2.2. Komatsu Ltd.
- 13.2.3. Hitachi Construction Machinery Co. Ltd.
- 13.2.4. Doosan Bobcat
- 13.2.5. Hyundai Construction Equipment Co., Ltd.
- 13.2.6. CNH Industrial America LLC
- 13.2.7. YANMAR HOLDINGS CO., LTD.
- 13.2.8. Mitsubishi Logisnext Co., Ltd.
- 13.2.9. Volvo Construction Equipment
- 13.2.10. Caterpillar
- Chapter 14. Research Process
- 14.1. Research Process
- 14.1.1. Data Mining
- 14.1.2. Analysis
- 14.1.3. Market Estimation
- 14.1.4. Validation
- 14.1.5. Publishing
- 14.2. Research Attributes
- 14.3. Research Assumption
- List of Tables
- TABLE 1. Global Compact Utility Vehicles Market, report scope
- TABLE 2. Global Compact Utility Vehicles Market estimates & forecasts by Region 2019-2028 (USD Billion)
- TABLE 3. Global Compact Utility Vehicles Market estimates & forecasts by Vehicle Type 2019-2028 (USD Billion)
- TABLE 4. Global Compact Utility Vehicles Market estimates & forecasts by Platform 2019-2028 (USD Billion)
- TABLE 5. Global Compact Utility Vehicles Market estimates & forecasts by Operation Type 2019-2028 (USD Billion)
- TABLE 6. Global Compact Utility Vehicles Market estimates & forecasts by Rated Power 2019-2028 (USD Billion)
- TABLE 7. Global Compact Utility Vehicles Market estimates & forecasts by Sales Channel 2019-2028 (USD Billion)
- TABLE 8. Global Compact Utility Vehicles Market estimates & forecasts by End Use Industries 2019-2028 (USD Billion)
- TABLE 9. Global Compact Utility Vehicles Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 10. Global Compact Utility Vehicles Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 11. Global Compact Utility Vehicles Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 12. Global Compact Utility Vehicles Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 13. Global Compact Utility Vehicles Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 14. Global Compact Utility Vehicles Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 15. Global Compact Utility Vehicles Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 16. Global Compact Utility Vehicles Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 17. Global Compact Utility Vehicles Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 18. Global Compact Utility Vehicles Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 19. U.S. Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 20. U.S. Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 21. U.S. Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 22. Canada Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 23. Canada Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 24. Canada Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 25. UK Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 26. UK Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 27. UK Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 28. Germany Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 29. Germany Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 30. Germany Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 31. RoE Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 32. RoE Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 33. RoE Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 34. China Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 35. China Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 36. China Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 37. India Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 38. India Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 39. India Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 40. Japan Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 41. Japan Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 42. Japan Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 43. RoAPAC Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 44. RoAPAC Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 45. RoAPAC Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 46. Brazil Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 47. Brazil Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 48. Brazil Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 49. Mexico Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 50. Mexico Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 51. Mexico Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 52. RoLA Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 53. RoLA Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 54. RoLA Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 55. Row Compact Utility Vehicles Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 56. Row Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 57. Row Compact Utility Vehicles Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 58. List of secondary sources, used in the study of global Compact Utility Vehicles Market
- TABLE 59. List of primary sources, used in the study of global Compact Utility Vehicles Market
- TABLE 60. Years considered for the study
- TABLE 61. Exchange rates considered
- List of figures
- FIG 1. Global Compact Utility Vehicles Market, research methodology
- FIG 2. Global Compact Utility Vehicles Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Compact Utility Vehicles Market, key trends 2021
- FIG 5. Global Compact Utility Vehicles Market, growth prospects 2022-2028
- FIG 6. Global Compact Utility Vehicles Market, porters 5 force model
- FIG 7. Global Compact Utility Vehicles Market, pest analysis
- FIG 8. Global Compact Utility Vehicles Market, value chain analysis
- FIG 9. Global Compact Utility Vehicles Market by segment, 2019 & 2028 (USD Billion)
- FIG 10. Global Compact Utility Vehicles Market by segment, 2019 & 2028 (USD Billion)
- FIG 11. Global Compact Utility Vehicles Market by segment, 2019 & 2028 (USD Billion)
- FIG 12. Global Compact Utility Vehicles Market by segment, 2019 & 2028 (USD Billion)
- FIG 13. Global Compact Utility Vehicles Market by segment, 2019 & 2028 (USD Billion)
- FIG 14. Global Compact Utility Vehicles Market, regional snapshot 2019 & 2028
- FIG 15. North America Compact Utility Vehicles Market 2019 & 2028 (USD Billion)
- FIG 16. Europe Compact Utility Vehicles Market 2019 & 2028 (USD Billion)
- FIG 17. Asia pacific Compact Utility Vehicles Market 2019 & 2028 (USD Billion)
- FIG 18. Latin America Compact Utility Vehicles Market 2019 & 2028 (USD Billion)
- FIG 19. Global Compact Utility Vehicles Market, company Market share analysis (2021)
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