Market Overview:
The global small earth moving equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for small earth moving equipment in the construction and agriculture industries. Additionally, the growing infrastructure development in emerging economies is also propelling the demand for small earth moving equipment. On the basis of type, excavators accounted for a major share of the global small earthmoving equipment market in 2017. This can be attributed to their high demand in construction and excavation applications. Backhoe loaders are also witnessing high demand due to their ability to handle multiple tasks such as digging, loading, and grading simultaneously.
Product Definition:
Small earth moving equipment is used to move earth, rocks and other debris. This type of equipment is typically used by construction workers, landscapers and homeowners. Small earth moving equipment can include bulldozers, backhoes, excavators and wheel loaders.
Excavators:
Excavators are used for various earthmoving operations such as digging, lifting and transporting materials, creating a depression or raising a surface. Excavation is the act of extracting buried objects such as corpses, metals or minerals.
The global excavators market is expected to witness significant growth over the forecast period owing to increasing demand in construction activities and rapid urbanization across the globe.
Backhoe Loaders:
Backhoe loaders are large construction and demolition equipment used to lift and carry heavy loads. They are equipped with powerful engines, high ground clearance, strong hydraulics system, and wide wheel base for stability on uneven surfaces. Backhoe loaders can be either diesel or gas powered depending upon the type of work required to be done by them.
Application Insights:
The small construction segment dominated the global market in 2017. The growth of this segment can be attributed to the growing infrastructural activities across developing countries. In addition, factors such as increasing urbanization and industrialization have also boosted product demand in this application.
The agriculture segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing to technological advancements and innovations in products coupled with efficient services bysmall earth moving equipment providers. Moreover, governments are taking initiatives for the development of rural areas through infrastructure development which will further boost industry expansion over the forecast period.
In terms of revenue, small construction was followed by mining & quarrying at USD 281 million; however, due to low penetration rate.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing infrastructure activities in countries, such as China and India. In addition, growing demand for commercial spaces, coupled with an increase in real estate projects across these countries will drive the market growth over the forecast period.
The Asia Pacific region is characterized by large construction markets that are driven by rapid urbanization and rising population across emerging economies including China and India. The Chinese government has undertaken several initiatives aimed at improving its transportation network which will have a positive impact on industry growth over the coming years.
North America was estimated as one of the largest markets for small earth moving equipment in 2016 owing to presence of prominent players operating within U.S., such as Caterpillar Inc.; Komatsu Ltd.; Kubota Corporation; John Deere & Company; and American LaFrance Inc.
Growth Factors:
- Increasing demand for small earth moving equipment from the construction and infrastructure sectors
- Rising awareness about the benefits of using small earth moving equipment among end-users
- Technological advancements in small earth moving equipment design and functionality
- Growing popularity of rental services for small earth moving equipment
- Expansion of distribution networks by leading players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Earth Moving Equipment Market Research Report
By Type
Excavators, Backhoe Loaders, Bulldozers, Skid-Steer Loaders, Trenchers, Others
By Application
Small Construction, Agriculture, Others
By Companies
Takeuchi, JCB, Doosan, Cat, Volvo, Deere & Company, Yanmar, Kubota, Sunward, Hyundai, Hitachi, Komatsu, Liebherr, SANY, CASE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Small Earth Moving Equipment Market Report Segments:
The global Small Earth Moving Equipment market is segmented on the basis of:
Types
Excavators, Backhoe Loaders, Bulldozers, Skid-Steer Loaders, Trenchers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Construction, Agriculture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Takeuchi
- JCB
- Doosan
- Cat
- Volvo
- Deere & Company
- Yanmar
- Kubota
- Sunward
- Hyundai
- Hitachi
- Komatsu
- Liebherr
- SANY
- CASE
Highlights of The Small Earth Moving Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Excavators
- Backhoe Loaders
- Bulldozers
- Skid-Steer Loaders
- Trenchers
- Others
- By Application:
- Small Construction
- Agriculture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Small Earth Moving Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Small earth moving equipment is a type of machinery used to move earth, sand, and other materials. It can be used for construction or demolition projects, as well as landscaping work.
Some of the major players in the small earth moving equipment market are Takeuchi, JCB, Doosan, Cat, Volvo, Deere & Company, Yanmar, Kubota, Sunward, Hyundai, Hitachi, Komatsu, Liebherr, SANY, CASE.
The small earth moving equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Small Earth Moving Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Small Earth Moving Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Small Earth Moving Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Small Earth Moving Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Small Earth Moving Equipment Market Size & Forecast, 2020-2028
4.5.1 Small Earth Moving Equipment Market Size and Y-o-Y Growth
4.5.2 Small Earth Moving Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Excavators
5.2.2 Backhoe Loaders
5.2.3 Bulldozers
5.2.4 Skid-Steer Loaders
5.2.5 Trenchers
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small Construction
6.2.2 Agriculture
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Small Earth Moving Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Small Earth Moving Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Excavators
9.6.2 Backhoe Loaders
9.6.3 Bulldozers
9.6.4 Skid-Steer Loaders
9.6.5 Trenchers
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small Construction
9.10.2 Agriculture
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Excavators
10.6.2 Backhoe Loaders
10.6.3 Bulldozers
10.6.4 Skid-Steer Loaders
10.6.5 Trenchers
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small Construction
10.10.2 Agriculture
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Excavators
11.6.2 Backhoe Loaders
11.6.3 Bulldozers
11.6.4 Skid-Steer Loaders
11.6.5 Trenchers
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small Construction
11.10.2 Agriculture
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Excavators
12.6.2 Backhoe Loaders
12.6.3 Bulldozers
12.6.4 Skid-Steer Loaders
12.6.5 Trenchers
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small Construction
12.10.2 Agriculture
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Excavators
13.6.2 Backhoe Loaders
13.6.3 Bulldozers
13.6.4 Skid-Steer Loaders
13.6.5 Trenchers
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small Construction
13.10.2 Agriculture
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Small Earth Moving Equipment Market: Competitive Dashboard
14.2 Global Small Earth Moving Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Takeuchi
14.3.2 JCB
14.3.3 Doosan
14.3.4 Cat
14.3.5 Volvo
14.3.6 Deere & Company
14.3.7 Yanmar
14.3.8 Kubota
14.3.9 Sunward
14.3.10 Hyundai
14.3.11 Hitachi
14.3.12 Komatsu
14.3.13 Liebherr
14.3.14 SANY
14.3.15 CASE
