Compact Utility Vehicles Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The various benefits associated with the compact utility vehicles such as compact size, low fuel consumption, and high performance is expected to boom the growth of the compact utility vehicles market. Moreover, compact utility vehicles are used across diverse applications including landscaping, construction, and others. However, a wide range of applications of compact utility vehicles is fueling the demand for the compact utility vehicles market.
MARKET DYNAMICS
Rapid growth in construction and civic utility activities coupled with the expansion of mining activities accelerates the growth of the compact utility vehicles market. An upsurge in demand for off-road vehicles coupled with the increasing adoption of green revolution technologies and growing acceptance of electric utility vehicles due to zero-carbon emissions fuel the electric compact utility vehicles is expected to provide an impetus growth opportunity to the compact utility vehicles market in the coming years.
MARKET SCOPE
The Global Compact Utility Vehicles Market Analysis to 2031 is a specialized and in-depth study of the compact utility vehicles industry with a special focus on the global market trend analysis. The report aims to provide an overview compact utility vehicles market with detailed market segmentation as vehicle type, platform, propulsion, power, application, and geography. The global compact utility vehicles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading compact utility vehicles market players and offers key trends and opportunities in the compact utility vehicles market.
MARKET SEGMENTATION
The global compact utility vehicles market is segmented on the basis of vehicle type, platform, propulsion, power, application. On the basis of vehicle type the market is segmented as skid steer loaders, excavators, detachable accessory based vehicles. On the basis of platform the market is segmented as wheeled, tracked. On the basis of propulsion the market is segmented as below 25 hp, 25 to 50 hp. On the basis of power the market is segmented as ICE, electric. On the basis of application the market is segmented as construction, mining, utilities, industrial, gardening and landscaping, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global compact utility vehicles market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The compact utility vehicles market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting compact utility vehicles market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the compact utility vehicles market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global compact utility vehicles market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The compact utility vehicles market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting compact utility vehicles market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the compact utility vehicles market in these regions.
MARKET PLAYERS
The reports cover key developments in the compact utility vehicles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from compact utility vehicles market are anticipated to lucrative growth opportunities in the future with the rising demand for compact utility vehicles in the global market. Below mentioned is the list of few companies engaged in the compact utility vehicles market.
The report also includes the profiles of key compact utility vehicles companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AB Volvo
- Caterpillar Inc.
- CNH Industrial N.V.
- Deere & Company
- Doosan Bobcat
- Hitachi Construction Machinery Co. Ltd.
- Hyundai Construction Equipment Co., Ltd.
- J C Bamford Excavators Ltd.
- Komatsu Ltd.
- Wacker Neuson SE
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Compact Utility Vehicles Market - By Vehicle Type
1.3.2Compact Utility Vehicles Market - By Platform
1.3.3Compact Utility Vehicles Market - By Propulsion
1.3.4Compact Utility Vehicles Market - By Power
1.3.5Compact Utility Vehicles Market - By Application
1.3.6Compact Utility Vehicles Market - By Region
1.3.6.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.COMPACT UTILITY VEHICLES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTERS FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.COMPACT UTILITY VEHICLES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.COMPACT UTILITY VEHICLES MARKET - GLOBAL MARKET ANALYSIS
6.1.COMPACT UTILITY VEHICLES - GLOBAL MARKET OVERVIEW
6.2.COMPACT UTILITY VEHICLES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.COMPACT UTILITY VEHICLES MARKET - REVENUE AND FORECASTS TO 2028 " VEHICLE TYPE
7.1.OVERVIEW
7.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
7.3.SKID STEER LOADERS
7.3.1.Overview
7.3.2.Skid Steer Loaders Market Forecast and Analysis
7.4.EXCAVATORS
7.4.1.Overview
7.4.2.Excavators Market Forecast and Analysis
7.5.DETACHABLE ACCESSORY BASED VEHICLES
7.5.1.Overview
7.5.2.Detachable Accessory Based Vehicles Market Forecast and Analysis
7.5.3.Power Auger Market
7.5.3.1.Overview
7.5.3.2.Power Auger Market Forecast and Analysis
7.5.4.Hydraulic Breaker Market
7.5.4.1.Overview
7.5.4.2.Hydraulic Breaker Market Forecast and Analysis
7.5.5.Diggers Market
7.5.5.1.Overview
7.5.5.2.Diggers Market Forecast and Analysis
7.5.6.Dumpers Market
7.5.6.1.Overview
7.5.6.2.Dumpers Market Forecast and Analysis
7.5.7.Others Market
7.5.7.1.Overview
7.5.7.2.Others Market Forecast and Analysis
8.COMPACT UTILITY VEHICLES MARKET - REVENUE AND FORECASTS TO 2028 " PLATFORM
8.1.OVERVIEW
8.2.PLATFORM MARKET FORECASTS AND ANALYSIS
8.3.WHEELED
8.3.1.Overview
8.3.2.Wheeled Market Forecast and Analysis
8.4.TRACKED
8.4.1.Overview
8.4.2.Tracked Market Forecast and Analysis
9.COMPACT UTILITY VEHICLES MARKET - REVENUE AND FORECASTS TO 2028 " PROPULSION
9.1.OVERVIEW
9.2.PROPULSION MARKET FORECASTS AND ANALYSIS
9.3.ICE
9.3.1.Overview
9.3.2.ICE Market Forecast and Analysis
9.4.ELECTRIC
9.4.1.Overview
9.4.2.Electric Market Forecast and Analysis
10.COMPACT UTILITY VEHICLES MARKET - REVENUE AND FORECASTS TO 2028 " POWER
10.1.OVERVIEW
10.2.POWER MARKET FORECASTS AND ANALYSIS
10.3.BELOW 25 HP
10.3.1.Overview
10.3.2.Below 25 HP Market Forecast and Analysis
10.4.25 TO 50 HP
10.4.1.Overview
10.4.2.25 to 50 HP Market Forecast and Analysis
11.COMPACT UTILITY VEHICLES MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATION
11.1.OVERVIEW
11.2.APPLICATION MARKET FORECASTS AND ANALYSIS
11.3.CONSTRUCTION
11.3.1.Overview
11.3.2.Construction Market Forecast and Analysis
11.4.MINING
11.4.1.Overview
11.4.2.Mining Market Forecast and Analysis
11.5.UTILITIES
11.5.1.Overview
11.5.2.Utilities Market Forecast and Analysis
11.6.INDUSTRIAL
11.6.1.Overview
11.6.2.Industrial Market Forecast and Analysis
11.7.GARDENING AND LANDSCAPING
11.7.1.Overview
11.7.2.Gardening and Landscaping Market Forecast and Analysis
11.8.OTHERS
11.8.1.Overview
11.8.2.Others Market Forecast and Analysis
12.COMPACT UTILITY VEHICLES MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
12.1.NORTH AMERICA
12.1.1North America Compact Utility Vehicles Market Overview
12.1.2North America Compact Utility Vehicles Market Forecasts and Analysis
12.1.3North America Compact Utility Vehicles Market Forecasts and Analysis - By Vehicle Type
12.1.4North America Compact Utility Vehicles Market Forecasts and Analysis - By Platform
12.1.5North America Compact Utility Vehicles Market Forecasts and Analysis - By Propulsion
12.1.6North America Compact Utility Vehicles Market Forecasts and Analysis - By Power
12.1.7North America Compact Utility Vehicles Market Forecasts and Analysis - By Application
12.1.8North America Compact Utility Vehicles Market Forecasts and Analysis - By Countries
12.1.8.1United States Compact Utility Vehicles Market
12.1.8.1.1United States Compact Utility Vehicles Market by Vehicle Type
12.1.8.1.2United States Compact Utility Vehicles Market by Platform
12.1.8.1.3United States Compact Utility Vehicles Market by Propulsion
12.1.8.1.4United States Compact Utility Vehicles Market by Power
12.1.8.1.5United States Compact Utility Vehicles Market by Application
12.1.8.2Canada Compact Utility Vehicles Market
12.1.8.2.1Canada Compact Utility Vehicles Market by Vehicle Type
12.1.8.2.2Canada Compact Utility Vehicles Market by Platform
12.1.8.2.3Canada Compact Utility Vehicles Market by Propulsion
12.1.8.2.4Canada Compact Utility Vehicles Market by Power
12.1.8.2.5Canada Compact Utility Vehicles Market by Application
12.1.8.3Mexico Compact Utility Vehicles Market
12.1.8.3.1Mexico Compact Utility Vehicles Market by Vehicle Type
12.1.8.3.2Mexico Compact Utility Vehicles Market by Platform
12.1.8.3.3Mexico Compact Utility Vehicles Market by Propulsion
12.1.8.3.4Mexico Compact Utility Vehicles Market by Power
12.1.8.3.5Mexico Compact Utility Vehicles Market by Application
12.2.EUROPE
12.2.1Europe Compact Utility Vehicles Market Overview
12.2.2Europe Compact Utility Vehicles Market Forecasts and Analysis
12.2.3Europe Compact Utility Vehicles Market Forecasts and Analysis - By Vehicle Type
12.2.4Europe Compact Utility Vehicles Market Forecasts and Analysis - By Platform
12.2.5Europe Compact Utility Vehicles Market Forecasts and Analysis - By Propulsion
12.2.6Europe Compact Utility Vehicles Market Forecasts and Analysis - By Power
12.2.7Europe Compact Utility Vehicles Market Forecasts and Analysis - By Application
12.2.8Europe Compact Utility Vehicles Market Forecasts and Analysis - By Countries
12.2.8.1Germany Compact Utility Vehicles Market
12.2.8.1.1Germany Compact Utility Vehicles Market by Vehicle Type
12.2.8.1.2Germany Compact Utility Vehicles Market by Platform
12.2.8.1.3Germany Compact Utility Vehicles Market by Propulsion
12.2.8.1.4Germany Compact Utility Vehicles Market by Power
12.2.8.1.5Germany Compact Utility Vehicles Market by Application
12.2.8.2France Compact Utility Vehicles Market
12.2.8.2.1France Compact Utility Vehicles Market by Vehicle Type
12.2.8.2.2France Compact Utility Vehicles Market by Platform
12.2.8.2.3France Compact Utility Vehicles Market by Propulsion
12.2.8.2.4France Compact Utility Vehicles Market by Power
12.2.8.2.5France Compact Utility Vehicles Market by Application
12.2.8.3Italy Compact Utility Vehicles Market
12.2.8.3.1Italy Compact Utility Vehicles Market by Vehicle Type
12.2.8.3.2Italy Compact Utility Vehicles Market by Platform
12.2.8.3.3Italy Compact Utility Vehicles Market by Propulsion
12.2.8.3.4Italy Compact Utility Vehicles Market by Power
12.2.8.3.5Italy Compact Utility Vehicles Market by Application
12.2.8.4United Kingdom Compact Utility Vehicles Market
12.2.8.4.1United Kingdom Compact Utility Vehicles Market by Vehicle Type
12.2.8.4.2United Kingdom Compact Utility Vehicles Market by Platform
12.2.8.4.3United Kingdom Compact Utility Vehicles Market by Propulsion
12.2.8.4.4United Kingdom Compact Utility Vehicles Market by Power
12.2.8.4.5United Kingdom Compact Utility Vehicles Market by Application
12.2.8.5Russia Compact Utility Vehicles Market
12.2.8.5.1Russia Compact Utility Vehicles Market by Vehicle Type
12.2.8.5.2Russia Compact Utility Vehicles Market by Platform
12.2.8.5.3Russia Compact Utility Vehicles Market by Propulsion
12.2.8.5.4Russia Compact Utility Vehicles Market by Power
12.2.8.5.5Russia Compact Utility Vehicles Market by Application
12.2.8.6Rest of Europe Compact Utility Vehicles Market
12.2.8.6.1Rest of Europe Compact Utility Vehicles Market by Vehicle Type
12.2.8.6.2Rest of Europe Compact Utility Vehicles Market by Platform
12.2.8.6.3Rest of Europe Compact Utility Vehicles Market by Propulsion
12.2.8.6.4Rest of Europe Compact Utility Vehicles Market by Power
12.2.8.6.5Rest of Europe Compact Utility Vehicles Market by Application
12.3.ASIA-PACIFIC
12.3.1Asia-Pacific Compact Utility Vehicles Market Overview
12.3.2Asia-Pacific Compact Utility Vehicles Market Forecasts and Analysis
12.3.3Asia-Pacific Compact Utility Vehicles Market Forecasts and Analysis - By Vehicle Type
12.3.4Asia-Pacific Compact Utility Vehicles Market Forecasts and Analysis - By Platform
12.3.5Asia-Pacific Compact Utility Vehicles Market Forecasts and Analysis - By Propulsion
12.3.6Asia-Pacific Compact Utility Vehicles Market Forecasts and Analysis - By Power
12.3.7Asia-Pacific Compact Utility Vehicles Market Forecasts and Analysis - By Application
12.3.8Asia-Pacific Compact Utility Vehicles Market Forecasts and Analysis - By Countries
12.3.8.1Australia Compact Utility Vehicles Market
12.3.8.1.1Australia Compact Utility Vehicles Market by Vehicle Type
12.3.8.1.2Australia Compact Utility Vehicles Market by Platform
12.3.8.1.3Australia Compact Utility Vehicles Market by Propulsion
12.3.8.1.4Australia Compact Utility Vehicles Market by Power
12.3.8.1.5Australia Compact Utility Vehicles Market by Application
12.3.8.2China Compact Utility Vehicles Market
12.3.8.2.1China Compact Utility Vehicles Market by Vehicle Type
12.3.8.2.2China Compact Utility Vehicles Market by Platform
12.3.8.2.3China Compact Utility Vehicles Market by Propulsion
12.3.8.2.4China Compact Utility Vehicles Market by Power
12.3.8.2.5China Compact Utility Vehicles Market by Application
12.3.8.3India Compact Utility Vehicles Market
12.3.8.3.1India Compact Utility Vehicles Market by Vehicle Type
12.3.8.3.2India Compact Utility Vehicles Market by Platform
12.3.8.3.3India Compact Utility Vehicles Market by Propulsion
12.3.8.3.4India Compact Utility Vehicles Market by Power
12.3.8.3.5India Compact Utility Vehicles Market by Application
12.3.8.4Japan Compact Utility Vehicles Market
12.3.8.4.1Japan Compact Utility Vehicles Market by Vehicle Type
12.3.8.4.2Japan Compact Utility Vehicles Market by Platform
12.3.8.4.3Japan Compact Utility Vehicles Market by Propulsion
12.3.8.4.4Japan Compact Utility Vehicles Market by Power
12.3.8.4.5Japan Compact Utility Vehicles Market by Application
12.3.8.5South Korea Compact Utility Vehicles Market
12.3.8.5.1South Korea Compact Utility Vehicles Market by Vehicle Type
12.3.8.5.2South Korea Compact Utility Vehicles Market by Platform
12.3.8.5.3South Korea Compact Utility Vehicles Market by Propulsion
12.3.8.5.4South Korea Compact Utility Vehicles Market by Power
12.3.8.5.5South Korea Compact Utility Vehicles Market by Application
12.3.8.6Rest of Asia-Pacific Compact Utility Vehicles Market
12.3.8.6.1Rest of Asia-Pacific Compact Utility Vehicles Market by Vehicle Type
12.3.8.6.2Rest of Asia-Pacific Compact Utility Vehicles Market by Platform
12.3.8.6.3Rest of Asia-Pacific Compact Utility Vehicles Market by Propulsion
12.3.8.6.4Rest of Asia-Pacific Compact Utility Vehicles Market by Power
12.3.8.6.5Rest of Asia-Pacific Compact Utility Vehicles Market by Application
12.4.MIDDLE EAST AND AFRICA
12.4.1Middle East and Africa Compact Utility Vehicles Market Overview
12.4.2Middle East and Africa Compact Utility Vehicles Market Forecasts and Analysis
12.4.3Middle East and Africa Compact Utility Vehicles Market Forecasts and Analysis - By Vehicle Type
12.4.4Middle East and Africa Compact Utility Vehicles Market Forecasts and Analysis - By Platform
12.4.5Middle East and Africa Compact Utility Vehicles Market Forecasts and Analysis - By Propulsion
12.4.6Middle East and Africa Compact Utility Vehicles Market Forecasts and Analysis - By Power
12.4.7Middle East and Africa Compact Utility Vehicles Market Forecasts and Analysis - By Application
12.4.8Middle East and Africa Compact Utility Vehicles Market Forecasts and Analysis - By Countries
12.4.8.1South Africa Compact Utility Vehicles Market
12.4.8.1.1South Africa Compact Utility Vehicles Market by Vehicle Type
12.4.8.1.2South Africa Compact Utility Vehicles Market by Platform
12.4.8.1.3South Africa Compact Utility Vehicles Market by Propulsion
12.4.8.1.4South Africa Compact Utility Vehicles Market by Power
12.4.8.1.5South Africa Compact Utility Vehicles Market by Application
12.4.8.2Saudi Arabia Compact Utility Vehicles Market
12.4.8.2.1Saudi Arabia Compact Utility Vehicles Market by Vehicle Type
12.4.8.2.2Saudi Arabia Compact Utility Vehicles Market by Platform
12.4.8.2.3Saudi Arabia Compact Utility Vehicles Market by Propulsion
12.4.8.2.4Saudi Arabia Compact Utility Vehicles Market by Power
12.4.8.2.5Saudi Arabia Compact Utility Vehicles Market by Application
12.4.8.3U.A.E Compact Utility Vehicles Market
12.4.8.3.1U.A.E Compact Utility Vehicles Market by Vehicle Type
12.4.8.3.2U.A.E Compact Utility Vehicles Market by Platform
12.4.8.3.3U.A.E Compact Utility Vehicles Market by Propulsion
12.4.8.3.4U.A.E Compact Utility Vehicles Market by Power
12.4.8.3.5U.A.E Compact Utility Vehicles Market by Application
12.4.8.4Rest of Middle East and Africa Compact Utility Vehicles Market
12.4.8.4.1Rest of Middle East and Africa Compact Utility Vehicles Market by Vehicle Type
12.4.8.4.2Rest of Middle East and Africa Compact Utility Vehicles Market by Platform
12.4.8.4.3Rest of Middle East and Africa Compact Utility Vehicles Market by Propulsion
12.4.8.4.4Rest of Middle East and Africa Compact Utility Vehicles Market by Power
12.4.8.4.5Rest of Middle East and Africa Compact Utility Vehicles Market by Application
12.5.SOUTH AND CENTRAL AMERICA
12.5.1South and Central America Compact Utility Vehicles Market Overview
12.5.2South and Central America Compact Utility Vehicles Market Forecasts and Analysis
12.5.3South and Central America Compact Utility Vehicles Market Forecasts and Analysis - By Vehicle Type
12.5.4South and Central America Compact Utility Vehicles Market Forecasts and Analysis - By Platform
12.5.5South and Central America Compact Utility Vehicles Market Forecasts and Analysis - By Propulsion
12.5.6South and Central America Compact Utility Vehicles Market Forecasts and Analysis - By Power
12.5.7South and Central America Compact Utility Vehicles Market Forecasts and Analysis - By Application
12.5.8South and Central America Compact Utility Vehicles Market Forecasts and Analysis - By Countries
12.5.8.1Brazil Compact Utility Vehicles Market
12.5.8.1.1Brazil Compact Utility Vehicles Market by Vehicle Type
12.5.8.1.2Brazil Compact Utility Vehicles Market by Platform
12.5.8.1.3Brazil Compact Utility Vehicles Market by Propulsion
12.5.8.1.4Brazil Compact Utility Vehicles Market by Power
12.5.8.1.5Brazil Compact Utility Vehicles Market by Application
12.5.8.2Argentina Compact Utility Vehicles Market
12.5.8.2.1Argentina Compact Utility Vehicles Market by Vehicle Type
12.5.8.2.2Argentina Compact Utility Vehicles Market by Platform
12.5.8.2.3Argentina Compact Utility Vehicles Market by Propulsion
12.5.8.2.4Argentina Compact Utility Vehicles Market by Power
12.5.8.2.5Argentina Compact Utility Vehicles Market by Application
12.5.8.3Rest of South and Central America Compact Utility Vehicles Market
12.5.8.3.1Rest of South and Central America Compact Utility Vehicles Market by Vehicle Type
12.5.8.3.2Rest of South and Central America Compact Utility Vehicles Market by Platform
12.5.8.3.3Rest of South and Central America Compact Utility Vehicles Market by Propulsion
12.5.8.3.4Rest of South and Central America Compact Utility Vehicles Market by Power
12.5.8.3.5Rest of South and Central America Compact Utility Vehicles Market by Application
13.INDUSTRY LANDSCAPE
13.1.MERGERS AND ACQUISITIONS
13.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3.NEW PRODUCT LAUNCHES
13.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14.COMPACT UTILITY VEHICLES MARKET, KEY COMPANY PROFILES
14.1.AB VOLVO
14.1.1.Key Facts
14.1.2.Business Description
14.1.3.Products and Services
14.1.4.Financial Overview
14.1.5.SWOT Analysis
14.1.6.Key Developments
14.2.CATERPILLAR INC.
14.2.1.Key Facts
14.2.2.Business Description
14.2.3.Products and Services
14.2.4.Financial Overview
14.2.5.SWOT Analysis
14.2.6.Key Developments
14.3.CNH INDUSTRIAL N.V.
14.3.1.Key Facts
14.3.2.Business Description
14.3.3.Products and Services
14.3.4.Financial Overview
14.3.5.SWOT Analysis
14.3.6.Key Developments
14.4.DEERE AND COMPANY
14.4.1.Key Facts
14.4.2.Business Description
14.4.3.Products and Services
14.4.4.Financial Overview
14.4.5.SWOT Analysis
14.4.6.Key Developments
14.5.DOOSAN BOBCAT
14.5.1.Key Facts
14.5.2.Business Description
14.5.3.Products and Services
14.5.4.Financial Overview
14.5.5.SWOT Analysis
14.5.6.Key Developments
14.6.HITACHI CONSTRUCTION MACHINERY CO. LTD.
14.6.1.Key Facts
14.6.2.Business Description
14.6.3.Products and Services
14.6.4.Financial Overview
14.6.5.SWOT Analysis
14.6.6.Key Developments
14.7.HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.
14.7.1.Key Facts
14.7.2.Business Description
14.7.3.Products and Services
14.7.4.Financial Overview
14.7.5.SWOT Analysis
14.7.6.Key Developments
14.8.JCB LTD.
14.8.1.Key Facts
14.8.2.Business Description
14.8.3.Products and Services
14.8.4.Financial Overview
14.8.5.SWOT Analysis
14.8.6.Key Developments
14.9.KOMATSU LTD.
14.9.1.Key Facts
14.9.2.Business Description
14.9.3.Products and Services
14.9.4.Financial Overview
14.9.5.SWOT Analysis
14.9.6.Key Developments
14.10.WACKER NEUSON SE
14.10.1.Key Facts
14.10.2.Business Description
14.10.3.Products and Services
14.10.4.Financial Overview
14.10.5.SWOT Analysis
14.10.6.Key Developments
15.APPENDIX
15.1.ABOUT THE INSIGHT PARTNERS
15.2.GLOSSARY OF TERMS
1. AB Volvo
2. Caterpillar Inc.
3. CNH Industrial N.V.
4. Deere and Company
5. Doosan Bobcat
6. Hitachi Construction Machinery Co. Ltd.
7. Hyundai Construction Equipment Co., Ltd.
8. JCB Ltd.
9. Komatsu Ltd.
10. Wacker Neuson SE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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