Sales of compact construction equipment have shown robust double-digit growth over the past few years. The most popular compact-equipment category is the track loader, with the largest market share. Skid steers are the second most attractive market, anticipated to experience healthy growth by 2020. Decent growth has been observed in the construction equipment market in North America and Western Europe, and is anticipated to grow further due to an increase in construction and repair activities. Asia is anticipated to be the largest market for compact construction equipment by 2020.
Report: Pricing, Reliability and Productivity Demands to Drive Compact Equipment to 2020
The compact construction equipment industry has shown a robust double-digit growth rate over the past few years. The most popular category in compact equipment market are the track loaders with the largest market share.
Apr 18, 2016
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