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If modern society is driven by speed, then safety is the buzzword of the hour. Seating and positioning belts play a major role in building a shield against any possible life threats. Every year several people succumb to their injuries for not wearing a proper seating or positioning belt.

The numbers of aware commuters are respectively high in U.K. and U.S. markets in comparison to the commuters who are staying in India or China. Apart from the commuters the seating and positioning belts are widely used in healthcare industry mainly by people who are coping with disability and it is also used in several high risk jobs.

There are several active seating and positioning belt markets spread across the globe. Though the seating and positioning belts market expands wide across China and India is thriving on local buyers and on a massive number of importers who queue in to purchase quality budget goods from these seating and positioning belts markets fragmented in this region of the globe.

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Seating and Positioning Belts market: Drivers

Several prominent players of this segment is present in United Kingdom and with their expertise and skills they are creating a right noise in seating and positioning belts market in Europe and other adjacent countries of Europe.

On the other hand Chinese market which is related to industrial safety belts is rapidly increasing. But the seating and positioning belts market in China is completely dependent upon imports done from several European countries as the safety awareness levels in China is yet to reach the cusp.

According to a recent report more than 100,000 people die in road accidents every year in China and most of them are ill equipped with safety gears. The seating and positioning belts market in India is stuffed with local manufacturers and exporters.

The rising need of cost effective and quality safety belts are on the rise in the international market which is further compelling the rise of this market. The Indian market players are dependent upon domestic as well as fertile international markets which are spread across the south- East Asia, Dubai U.S. and Latin America.

Seating and Positioning Belt Market: Restraints

The Seating and Positioning Belts market is growing globally. But the clear disparity of demands is evident. Few key factors such as public sensitivity towards safety, boom in healthcare, cost of the safety products and skilled manpower will create a headway for all the global market players who are working in this segment.

Seating and Positioning Belts Market: Key Regions

The United States is a major procurer and manufacturer of seating and positioning belts. Every year their exports touch few billions. The country has been one of the most dominant player in the healthcare segment which further gives them the fuel to earn a respective lead in the race.

The Seating and positioning belts market in U.K. is extremely vibrant, as the safety awareness levels amongst the denizens are quite high which also encourages the growth of the market. The quality of products are extremely high which compliments the expansion of the exports.

Apart from this the Seating and positioning  belts market in China is surviving with the help of multiple  exports channels, as the domestic requirement is low in automobile sector but the demand and supply chain is extremely significant in healthcare and industrial safety segments.

The Indian Seating and positioning belts market is still nascent, but evolving at a fast pace. The export revenue is soaring every day as the market is producing some of the most competent and pocket friendly products. The healthcare boom in India is also supporting the surging demands in the domestic markets.

As seating and positioning belts market also depends upon the healthcare segment. The abundance of skilled labour and a range of virgin markets spread across the Afghanistan, China, Singapore and Malaysia is igniting hope for the players in the Seating and positioning belts markets of India and adjacent region.

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Seating and Positioning Belts Market: Key Market Players

The global Seating and Positioning Market is flooded with several big and small player who are bagging their own share of pie from the market. In U.K. companies like Sunrise medical and many more are registering  good profits from this segment In China, Heshan Changyu Hardware Co., Ltd produces three point and two point safety belts and exports them to the international buyers.

In India there is an army of manufacturers who are producing these products. National Safety Solutions, Protector Fire and Safety, Specialty Safe Engineers are some of the prominent players in the Seating and Positioning belts market spread across India.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

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The patient positioning and equipment market is largely growing on the basis of the growing needs of modern healthcare. The modern healthcare is tech savvy and edgy and patient-friendly approach has changed the entire game and gave them new limits to conquer.

Several new healthcare markets scattered across the globe has surely challenged the bible of healthcare and curved a new way filled with hope for all the stakeholders. The entire medical equipment market is facing and combating several new challenges every day. Inclusive healthcare, healthcare for all are some of the trendsetters of this industry.

The patient positioning market is directly attached with the modernization wave which is presently flooding the healthcare canvas. Several modest modernization drives have sowed the seeds of new inventions and simplified the entire post and pre –surgery care and also created new standards for the entire diagnostic industry which is evolving with a steady pace around the world.

The patient positioning system creates an advantage point for both patients and doctors. These patient positioning tools or equipment helps in enhancing the comfort levels of a patient post operation. It reduces pain and stimulates the healing process and wide variety of these apparatus is available in the market.

The growth of the entire medical equipment market is steadily rising and it is expected to reach a healthy point by 2017. The 360 effort which is incorporated by some of the leading economies of the world is shunning the probabilities of any loss in the near future.

After a prolonged slumber the healthcare based economy and the healthcare equipment industry is soaring at a significant rate and will mint more than 400 billion by next year. The patient safety equipment market is fast changing and volatile and fragmented. Small players are cajoling consumers and barricading the supremacy of the big manufacturers present in this vast ever changing Patient Positioning Equipment market.

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Patient Positioning Equipment market: Drivers

The entire Patient Positioning Equipment market is reaping the benefits of few factors such as, competitive landscape of healthcare, which is making headways for several new players such as hospitals, training hubs and other medical facilities. The sudden boom of a healthcare based economy in some of the developing nations such as India, China, Malaysia and Middle East which is well geared with a robust insurance machinery.

Countries like India are at advantage at this point as they are populated with skilled manpower and surrounded by some of the maiden markets spread across Sri Lanka and Bangladesh. A considerable boost in the medical tourism has changed the equation in the market and created a massive avenue for the Patient positioning equipment market of India.

The massive populace of local positioning equipment makers are flocked around the Chinese market. The production level is high and they are showcasing a significant growth in this segment. Market hawks predict that the Chinese medical equipment market will surge at a rate of CAGR 8 percent.

This will surely channelize a massive revenue into the Patient Positioning Equipment market. Apart from these, the US and other western countries are dominating the global market presently.

Patient Positioning Equipment market: Restraints

The patient positioning system market is extracting profits from the all-round development of healthcare happening all over the world. The patient positioning market is extremely fragile as it is coping up with new inventions which are happening in this segment every day.

The market is demanding as the patient safety issue is creating quite a buzz in the market and the makers and the exporters in the Patient Positioning Equipment markets are struggling to find a new leeway.

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Patient Positioning Equipment market: Key Regions

The equipment market within the US is rising for the last few decades and some of the key players are stationed within the country who dominating the entire global scene. The equipment market which also includes the patient positioning system is expected to grow at a rate of 6 percent approximately in the coming few years which also include exports and domestic market sale.

Malaysia is another big player in this segment and they are growing at almost percent. Which will further compliment the growth of the Patient Positioning Equipment market in that region. Apart from these there are several other regions in Western Europe, Japan, India, China which are fishing quite well in this Patient Positioning Equipment market

Patient Positioning Equipment market: Key Players

Companies like SchureMed, Stryker, Meditek are some of the key players in this segment.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types, and applications.

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MRI transports are one of the few apparatus which are made with great care and by applying specific skills. These transports are made for specific patients who are subjected to an MRI (Magnetic Resonance Imaging). The MRI patient transport tools are made of nonmagnetic materials as MRIs consume radio and magnetic waves.

Most of the MRI transport materials are made with special care by keeping in mind the convenience of the patients. The MRI Transport market is spread across the global healthcare fabric. The MRI transport market is growing with the constant surge of the healthcare markets spread across the globe.

Technology is playing a key role in the invention and development of the entire healthcare system. The fast-paced growth of the healthcare based apparatus industry is also exhilarating the development of the MRI transport market.

The MRI scans are an extremely useful method of detecting an acute disease which is nesting inside a patient’s body. The MRI scan is extremely useful for finding abnormalities in the brain or in spinal cords. A report says that a massive population of the world is badly affected by the brain and other neurological diseases.

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The numbers are extremely high in countries like USA and UK. The report also says that in the US in an average 66 percent men and approximately 92 percent women die every year because of some kind of neurological ailment. Neurologically ill population in the UK is also extremely high and its building.

More than 48 percent women of UK and 32 percent men of UK are victims of some sort of neurological disorders. The MRI transport market is directly dependent on the growth of the neurological disorders which is spreading steadily in the western hemisphere of the globe like a wildfire.

The numbers of the Alzheimer patients are multiplying which is again creating an alley of opportunity for the MRI transport market. More and more youths and middle-aged denizens are becoming the prey of brain tumour. The population affected with meningioma, malignant brain tumours are rising heavily in United States, Sweden, France, Australia, Israel and New Zealand, which is further promoting the growth of the MRI transport market globally.

MRI Transport market: Drivers

There are several key factors which are cementing the growth of the MRI Transport markets spread across several healthcare corridors of the world. The global healthcare is developing steadily. Research and development in healthcare have changed the entire attire of the healthcare ecosystem.

Several new inventions and massive investments, startups are reshaping the entire healthcare climate of the world. Which is also promoting the development of the niche healthcare apparatus makers like the MRI Transport makers.

Market need drives the growth of an industry. Like any other market, the MRI Transport market is also dependent on the demand which comes out from different domestic and international markets. The rise in the neurological diseases around the world is acting as a major catalyst in snowballing the size of the MRI Transport market.

The MRI transport market is also driven by the compound growth of the pathology market. The market is presently growing at a CAGR of 12 percent and it is expected to touch a few billion dollars by the end of 2021. This will definitely fuel the future growth of the MRI transport market.

MRI Transport market: Restraints

The major restraints in the growth of the MRI Transport market are the growth of the healthcare market which is extremely unorganised and fragmented in some parts of the world. The dominance of few countries in the MRI transport market is another prime deadlock which is pulling down the growth of the MRI Transport market.

The pricing and the export scene is completely controlled by few major healthcare tools manufacturing countries like US, UK, Australia and New Zealand. This autonomy is barricading the organic growth of the MRI Transport market in Asia and other Middle East countries.

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MRI Transport market: Key Regions

The leading MRI Transport makers are located in the first world countries of the world such as US, UK, New Zealand and Australia. Though the Chinese and Indian MRI Transport market is developing fast but the market level is nowhere near to the size and quality of the markets spread in Europe and US.

MRI Transport market: Key Players

Some of the major players in the US such as Magnetica, Alstom in Australia are leading the pack. Though they are revamping their marketing strategies to tap the potential hidden in the emerging healthcare markets of India and China which are presently crowded with local MRI Transport makers.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types, and applications.

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The heel and elbow are two of the most likely body parts to be injured, particularly by sportspersons. The most common types of sports injuries include sprains i.e. when one or more ligaments are twisted, stretched or torn. A strain is when the muscle fibre or tissue is stretched or even torn.

Signs of such injuries include pain, swelling, ulcers, or tenderness around the joint or the muscle and movement might also be difficult.  Heel pain is when the thick tissue running under the foot sole becomes damaged which is very common in sprinters and joggers.

The elbow and arm can be affected by injuries, tennis elbow bursitis, sprains, strains or even a fracture in the worst case scenario. This is where the heel and elbow suspension market comes into picture.

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Heel and Elbow Suspension market Drivers

Any person can suffer a fall and injure themselves while going about their lives since most tendon injuries are due to overuse or aging. People who make the same movement over and over, whether in their daily routine, job or while playing sports are far more likely to damage their tendons.

Hence, it can be reasonably assumed that the heel and elbow suspension market is global in nature and ever-growing on account of a younger population in Asia which would require the equipment for sports –related injuries, while their counterparts in the West are aging and would require the protection kits for age-related ailments.

Thus, the heel and elbow suspension market is expected to have a bright future. The growing importance of e-commerce websites, especially among the millennial generation, convenience of buying anywhere, anytime and also the discounts offered by these companies on exclusive products will also play a crucial role in the heel and elbow suspension equipment market sales.

Heel and Elbow Suspension market Key Regions

North America is the largest heel and elbow suspension equipment market at present and is expected to remain so for the near future. This is because of a strong sporting culture which encourages youth to take up such activities for a healthier lifestyle (leading to heel and or elbow injuries for some), along with an aging population which may suffer from age related heel and elbow injuries.

Europe and the APAC region are the second and third largest markets for this respectively. High economic growth rates and an increasing disposable income in China and India are expected to make them focus markets of the medium to long term.

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Heel and Elbow Suspension market Key Market Players 

Some of the major companies operating in the heel and elbow suspension market include Amer Sports, Adidas, Under Armour, Nike, PUMA, BRG sports, Fortune Brands, Daiwa Seiko, Dunlop Sports Group America and Jaren Corporation. Most of these companies are concentrated in the developed world but companies from China and India are also expected to become some of the largest players within the near future.

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Several developing nations like India and few African countries are pumping in millions into the healthcare sector. The healthcare markets spread across India, Middle-East and South-East Asia are skyrocketing. Several healthcare global giants are re-strategizing to foray into this massive emerging virgin markets spread in these regions of the world.

As the healthcare industry globally is passing through a crucial juncture, and it is also complimenting the development of the medical equipment industry. According to a study, the average growth rate of the healthcare ancillary industry might touch almost 12 billion by 2021.This growth wave will thrust a considerable impact on different segments of healthcare which also includes exam Tables. The sale and growth of exam tables market are stringed with the expansion of the global healthcare market.

The exam tables are mostly used mostly in the clinical environments and they are used for a plethora of examinations, such as normal health exams, gynecological treatments, to conduct pediatric examinations, dental and aesthetic examinations and much more.

They are hugely procured by medical institutions, private practitioners, government and private healthcare joints, medical training facilities, spread across the world. The price of these tables depends on the quality. Some of the advanced exam tables makers are based in U.S.A. and other western markets of the world.

Over the years they have created a strong export channel to penetrate into the developing markets of the globe. Though markets of Middle-East, Singapore, China, Afghanistan, Taiwan, Vietnam, Myanmar, Sri Lanka, Germany, Brazil and Chile are some of the prospective markets for these leaders of the healthcare markets.

But local market players and price difference and thin budget in healthcare which is paralyzing the growth of healthcare in the developing nations of the world are blockading the upsurge of the exam tables market in these regions.

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Exam tables Market: Drivers

The future markets of the exam tables are in accord with the growing markets of healthcare which is stretched along the length and breadth of south- East Asia, Middle-East and North Korea and several other developing nations. The healthcare segment is India is growing and the government is adopting some stern steps to revamp the entire healthcare skeleton of the country.

The projected budget of the country for healthcare is close to a few billions and the market is growing at a rate of CAGR 17 percent. Thus it is creating a massive market for exam tables. A massive population of the developing nations is establishing a healthy contact with theaffordable healthcare framework which can further expedite the growth of the entire exam tables market in these markets.

The financial institutions such as World Bank doled out massive funds in the recent past to develop the crumbled healthcare ecosystem of few countries of Europe and Central Asia. The healthcare infrastructure of war-torn countries like Afghanistan, Armenia, Bosnia, Iraq, Sri Lanka and even Syria are majorly refurnished by the World Bank and UN.

The exam tables market have an extreme opportunity for growth in these markets and several new hospitals and medical hubs will pop up these areas in the recent future.

The entire healthcare climate is passing through a massive storm of modernization. The modernization of healthcare infrastructure around the globe is creating a stable ground for the entire exam tables market.

Exam tables Market: Restraints

The exam tables market is reaping the benefits from the growth of the healthcare. But still the markets of the developing nations are growing at a snail pace and government’s apathy towards healthcare industry and ambulance of cheap and substandard products are shattering the growth trail of the exam tables industry.

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Exam tables Market: Major Regions

The market of the exam tables is large and it is kicking. The entire manufacturers and exporters of exam tables are based in US and Europe and also in India and China. The export market is dominated by some of the front runners of this marker based in U.S. Australia and U.K. The major importers are the third world and the developing nations of the world and some of the major healthcare markets spread across Singapore, Malaysia, Dubai and India.

Exam tables Market: Major Players

Manufacturers and exporters of Exam Tables are mostly located in U.S. and U.K. and Australia. In U.S. DRE, ModoMed, Surgitech, Universe surgical equipment Co, in India, Janak Healthcare, Athlegen from Australia, ABCO Healthcare in Australia. Apart from these China is also populated with many Exam Tables manufacturers and exporters.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

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A new report published by Future Market Insights titled ‘Commercial Vehicles (Trucks) Market: Middle East & North Africa (MENA) Industry Analysis 2012 – 2021 and Opportunity Assessment 2022-2027’ studies the performance of MENA commercial vehicles (trucks) market over a 10 year assessment period from 2017 to 2027.

The report presents the value and volume forecasts of the MENA commercial vehicles (trucks) market and provides key insights into the factors driving market growth as well as the factors restricting the market growth.

The estimates point to a revenue growth from nearly US$ 5,250 Mn in 2021 to nearly US$ 8,500 Mn by 2027 end, resulting in a CAGR of 5.0% during the period of assessment. In terms of volume, the MENA commercial vehicles (trucks) market was pegged at 152,191 units in the year 2021 and is poised to reach a figure of 212,232 units in 2027, and display a CAGR of 3.4% in the forecast period.

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Rapid development and growth of oil and gas industry in the rest of Middle East region to boost market revenue growth

Commercial vehicles are commonly used as a medium of transport for different types of end use industries and they are helping in tasks such as unloading, loading and transportation of goods. The construction industry is exhibiting a fast growth due to the vast number of projects in the pipeline in each country of the Middle East and this also has connection with the plans of the countries in the Middle Eastern region to diversify their economies.

These developments are also related to the large scale international events that are going to be held in this region such as World Expo 2020 to be held in Dubai and the FIFA World Cup 2022 to be held in Qatar.

The construction industry in Iran was estimated to be valued at US$ 154.4 billion in 2016 from US$ 88 billion in the year 2013 and due to this upward growth, the market for heavy trucks is likely to boost in this country. Also, due to the rising urbanization, the construction industry is experiencing rapid growth in rest of the countries in the Middle East which is further expected to boost the demand for commercial vehicles in building and construction activities in the region.

Iran is also one of the biggest markets for trucks in the MENA region, and with the economic sanctions lifted up from Iran, it is experiencing a huge growth in its economy and is likely to be one of the prominent markets for heavy duty commercial vehicles.

On the other hand, other countries in the region like UAE and Oman are also becoming attractive markets for commercial vehicles due to their vast use in end-use industries such as the petrochemical industries, and this is expected to boost the overall demand for trucks in the Middle East region.

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MENA Commercial Vehicles (Trucks) Market: Segmentation and Forecast

The MENA commercial vehicles (trucks) market is segmented on the basis of class type and region. On the basis of class type, the market is segmented into light duty, medium duty and heavy duty. On regional basis, the market is segmented into Middle East (Saudi Arabia, Turkey, Rest of Middle East) and North Africa.

• The heavy duty segment was estimated to be valued at nearly US$ 3,200 Mn in 2021 and is likely to reach a valuation of nearly US$ 5,300 Mn in 2027 and in the process exhibit a CAGR of 5.1%.
• The medium duty segment was estimated to be valued at nearly US$ 1,850 Mn in 2021 and is anticipated to reach a valuation of nearly US$ 3,000 Mn in 2027 and exhibit a CAGR of 4.8%.

MENA Commercial Vehicles (Trucks) Market: Regional Forecast

• The commercial vehicles (trucks) market in Saudi Arabia was estimated to be valued at nearly US$ 560 Mn in 2021 and is likely to reach a valuation of nearly US$ 900 Mn in the year 2027 and exhibit a CAGR of 4.6% during the assessment period.
• The commercial vehicles (trucks) market in Turkey was estimated to be valued at nearly US$ 1,350 Mn in 2021 and is anticipated to reach a valuation of nearly US$ 2,150 Mn in 2027 and exhibit a CAGR of 5% during the period of forecast.

Market Taxonomy

Class Type

• Light Duty
  • Unto 2.5 T
  • 2.5 T – 4.5 T
  • 4.5 T – 6.5 T
• Medium Duty
  • 6.5 T – 7.5 T
  • 7.5 T – 9 T
  • 9 T – 12 T
• Heavy Duty
  • 2 T – 15 T
  • 15 T & Above

Region

• Middle East
  • Saudi Arabia
  • Turkey
  • Rest of Middle East
• North Africa

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MENA Commercial Vehicles (Trucks) Market: Vendor Insights

This report includes some of the key players functioning in the MENA commercial vehicles (trucks) market such as Daimler AG, AB Volvo, Scania AB, Paccar Inc., MAN SE, Navistar International Corp., Hino Motors, Ltd., Isuzu Motors Ltd., Dongfeng Motor Corporation, FAW Group Corporation, Toyota Motor Corporation, Ford Motor Company, Nissan Motor Company Limited, General Motor Company and Volkswagen AG. Manufacturers are using advanced telematics systems and financing options to lure customers.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Compact wheel loaders are utilized in several industries to load materials from one place to another. They are majorly used in the construction industry, where they are a stepping-stone between skid steer and large wheel loaders. In addition, compact wheel loaders are used in the agriculture, industrial, and utility sectors. Increasing preference towards electric compact wheel loaders to attain zero carbon emission is propelling the growth of the compact wheel loaders market. According to a new research report published by Future Market Insights (FMI), the compact wheel loaders market is estimated to reach a valuation of US$ 6.64 Bn by 2029.

Key Takeaways of Compact Wheel Loaders Study

1. Latin America, Oceania, and South Asia are estimated to grow at a significant pace, owing to ongoing construction activities and infrastructural investments in these regions.
2. Several advantages such as better maneuverability, lifting abilities, and multiple attachments compatibility are broadening the adoption of compact track loaders.
3. Construction activity is anticipated to remain the foremost application in the global market, and hold the dominating market share throughout the forecast period
4. Key market players are focusing on launching new products driven by advanced technologies to gain a competitive advantage in the global compact wheel loaders market landscape.
5. The ongoing global COVID-19 health crisis is estimated to negatively impact the overall construction equipment market, due to prolonged inactivity in the construction industry, interrupted fund flows for operations, and overall delays in construction project timelines.
6. As a preventive measure against the COVID-19 crisis, a majority of manufacturers are prioritizing workforce safety and are shutting down most of their production plants for a limited time duration.
7. In certain regions, the construction equipment industry is facing challenges of complying with strict standards. These standards require manufacturers to invest heavily in new technologies, thus shrinking their returns on investments (ROI).

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 “Realizing a gradual decline in worldwide demand, players are limiting the production of compact wheel loaders to avoid the overstocking of products. Market participants need to develop robust production strategies in order to reduce risks of opportunity loss to their companies.”

• Base Year – 2022
• Historical Period – 2017-2021
• Forecast Period – 2022-2029
• Market Value in 2022 – US$ 5.27 Bn
• Segments Covered – Product, Application, and Region
• Regions Covered – North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa
• Growth Drivers
  • Investment upheaval in construction projects
  • Rising shift towards electric compact wheel loaders
  • Leading players are focusing on developing tech-advanced compact wheel loaders

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COMPACT WHEEL LOADERS MARKET TAXONOMY

The global compact wheel loaders market is segmented in detail to cover every aspect of the market and present complete market intelligence to the readers.

Product

• Compact Track Loaders
• Skid Steer Loaders
• Backhoe Loaders
• Wheeled Loaders

Application

• Construction
• Agriculture & Forestry
• Industrial
• Utilities

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• MEA

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1.5. Global Construction Equipment Industry Overview

1.6. What Market Participants are Saying

1.7. Key Conclusions and Market Insights

1.8. Pricing Analysis by Key Brands

1.9. Pricing Analysis by Region

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Advantages of Compact Wheel Loaders

2.4. Parent (Construction Equipment) Market Overview

3. Key Market Trends

3.1. Key Trends/Developments

3.2. Technology/Development Roadmap

4. Key Success Factors
5. Global Compact Wheel Loaders Market Demand Analysis 2014-2021 and Forecast, 2022-2029Historical Market Volume (Units) Analysis, 2014-2021

5.1. Current and Future Market Volume (Units) Projections, 2022-2029

5.2. Y-o-Y Growth Trend Analysis

TOC continued..!

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Compact Wheel Loaders Market: Competitive Landscape

The compact wheel loaders market is consolidated, owing to the presence of a limited number of manufacturers across the globe.

• Caterpillar, Inc.
• Komatsu Ltd.
• Deere & Company
• Doosan Corporation
• Volvo Construction Equipment

Are the leading players in the compact wheel loaders market. Top 5 players account for over 40% share in the global market. Introduction of technologically-advanced products while adhering to stricter environmental regulations is among the key strategies being adopted by prominent manufacturers, worldwide.

Rising Preference towards Electric Compact Wheel Loaders to Attain Zero Carbon Emission

Governments across the globe are enacting stringent regulations in an effort to reduce carbon footprint. Electric compact wheel loaders curb carbon emissions by around 30% as compared to conventional construction equipment, given their advanced engine technology.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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Crawler excavators continue to gain popularity across the globe owing to their exceptional features such as high lifting capacity, flexibility and mechanical power. Demand for advanced crawler excavators is increasing at a substantial level in mining and construction activities. Infrastructural development, industrialization and urbanization which is ongoing in emerging countries situated in region such as Asia Pacific, the Middle East and Latin America has also provided an impetus to the global crawler excavator market. Future Market Insights (FMI)’s newly published report reveals that the global market for crawler excavator will surpass US$ 180 ‘000 Units by 2026-end. Sectors such as construction mining and excavation are undergoing immense scale of automation, which is resulting in increased adoption of crawler excavators in these sectors.

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Realising the potential, many market players are actively focusing on further technological innovation and adding cutting-edge features to their product. In order to increase market presence, players are stepping efforts to improve their product functionality. Crawler excavators offer greater level of safety and efficiency in construction and mining activities. Moreover, these equipment facilitate faster digging and removal of debris, which is consider as a major factor supporting their adoption. Using crawler excavator, builders, construction companies and mining companies are not only reaching higher efficiency but they can easily manage some of most complex construction tasks. Also, these vehicles can greatly reduce downtime in construction and mining sites. The modern hydraulic crawler excavator have automated and remote control applications, which allow operators to remotely control or manage loading/unloading and digging operations. The factors as such are expected to support the global market for crawler excavator during the forecast period.

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Additional Highlight from the Report Include:

In terms of revenue, Asia Pacific excluding Japan (APEJ) is expected to dominate the global crawler excavators market in 2018, and the trend is likely to continue throughout the assessment period. APEJ crawler excavators market is set to exhibit a volume CAGR of 3.2% over the forecast period.

On the basis of product type, the short tail segment is expected to remain highly lucrative over 2026. Currently, the segment represents for more than 32% volume share of the global market and is expected to reach a valuation of US$ 76.4 ‘000 units by the end of forecast period, reflecting a CAGR of 2.6%.

Based on bucket capacity, the medium (2.00-4.00) segment is likely to retain its position over 2026. It terms of volume, this segment currently commands for more than one-third share of the global market. During the assessment period, the segment is projected to increase at a CAGR of 2.3%.

Based on operating weight, the 22,650-30,200 Kg segment is anticipated to grow reach a valuation in excess of US$ 48.2 ‘000 units in 2026, expanding at a steady growth rate.

On the basis of end use vertical, the construction segment is expected to hold its dominant position in 2018 and beyond. Currently, the segment represents a market volume of over US$ 100 ‘000 units and is projected increase at CAGR little under 3% during the forecast period.

Segmentation

Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

Product Types

• Standard
• Hybrid
• Short Tail
• Super Long Front

Bucket Capacity

• Small (0.30-2.00)
• Medium(2.00-4.00)
• Large(Above 4.00)

Operating Weight

• 12,500-22,100 Kg
• 22,650-30,200 Kg
• 34,300-45,750 Kg
• 51,000-70,650 Kg
• 78,500-93,300 Kg
• Above 95,900 Kg

End Use Vertical

• Construction
• Mining
• Forestry & Agriculture
• Others

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Competitive Landscape

Key players profiled in the report include Hyundai Construction Company, Deere & Company, Volvo Construction Equip., CNH Industries, Liebherr, Caterpillar, Hitachi Construction Machinery, Komatsu, Doosan Bobcat, Inc, and Sany Group.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
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Compact loaders have transformed from single tool equipment – bucket only – to multi-tool equipment. Advances in attachment offerings over the past decade have stepped up the versatility and productivity of compact loaders.

At present, compact loaders are commonplace in landscaping projects and construction sites, given their optimal size, low fuel consumption, and new attachment options.

At the heart of some of the most notable tech-enabled transformations over recent past, compact loaders have emerged as fertile breeding ground for innovations and application versatility.

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Compact Loaders Market Size Study

• Players to reap relevant profits from industrial   and agriculture and forestry sectors
• Compact track loaders to generate significant revenue through 2030
• Market in North America to make considerable strides, especially in agriculture and forestry vertical
• E-mobility to define growth strategies of market players in near future

“Reliability, coupled with long-lasting service life, of compact loaders is auguring well for rental models in the global market, which captures relatively greater revenue share in the compact construction equipment industry versus other product families such as general purpose excavators. In addition, advent of electromobility (e-mobility) is expected to further work in favor of rental business models in coming years,” says analyst at FMI.

COVID-19 Impact on Compact Loaders Market

With prolonged inactivity in construction industry, overall delays in construction project timelines, and interrupted fund flows for operations, the global compact loaders market is at the wrong end of COVID-19 pandemic.

As a preventative measure against COVID-19 crisis, majority of manufacturers have been prioritizing workforce safety and are closing down most of their manufacturing units for certain timeframe.

Construction activities have contracted across the globe in Q2 of 2020 amid countrywide lockdowns and impact of physical distancing protocols. About a quarter of projects were paused in the second quarter, and on-site productivity is projected to fall by 12% in near future.

Moving ahead, sales volume of construction equipment has plummeted nearly 70% on-year during first quarter, and utilization has almost halved, following 20% volume dip in FY 2020. That said, the compact loaders market is set for steady recovery as building sites gradually reopen after lockdown relaxations.

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Compact Loaders Market – Competitive Intelligence

Significant rise in e-mobility is likely to reimagine the market landscape. Manufacturers are investing heavily in transforming their product lines from diesel to electric. For instance,

• Case Construction Equipment has rolled out Project Zeus 580 EV, which is regarded as first fully electric backhoe loader in construction industry.
• Volvo CE is expected to kick start the production of its range of electric wheel loaders and compact excavators, which would be ideal for city use.
• Yanmar Holdings has acquired ASV Holdings, which is among key suppliers for compact tracked loaders and skid steer loaders. The acquisition has aided Yanmar Holdings to utilize well-established dealer network of ASV Holdings and strengthen its position globally, particularly in North America.

Market Taxonomy

Application

• Construction
• Agriculture and Forestry
• Industrial
• Utilities

Product Type

• Compact Track Loaders
• Skid Steer Loaders
• Backhoe Loaders
• Wheeled Loaders

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan
• Middle East and Africa
• Japan

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Key Questions Answered in the Report:

1. Which product type will hold major share of compact loaders market globally and why?
2. What are the factors driving the global compact loaders market?
3. What will be the revenue size of compact loaders market by 2030?
4. Who are the leading manufacturers in the compact loaders market?
5. Which trends and innovations are expected to transform the global compact loaders market in coming years?

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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