Compact Electric Construction Equipment Market 2022
In the years from 2022 to 2032, the market for compact electric construction equipment is projected to grow at a CAGR of 13% from its current value of around US$ 52.4 billion in 2022. The market as a whole is anticipated to have a net worth of US$ 177.8 Bn by the end of this forecast period in 2032.
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The growth in sales of compact electric construction equipment over the past few years has been attributed to a number of causes, including a significant increase in construction activity worldwide and stringent environmental regulations. The market for compact electric construction equipment has been growing significantly in recent years due to the rising demand for public infrastructure, easily accessible buildings, and rising costs associated with industrial expansion operations in urban areas.
Companies
- Caterpillar
- JCB
- HAULOTTE GROUP
- Wacker Neuson SE
- Toyota Motor Corporation
- Hyster-Yale Group, Inc.
- SANY Group
- Volvo CE
- Hyundai CE
- Bobcat
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Compact Electric Construction Equipment Market Manufacturers
Compact Electric Construction Equipment Market Distributors/Traders/Wholesalers
Compact Electric Construction Equipment Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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