Skid-steer loaders can be fitted with various attachments to perform a multitude of tasks in construction and mining sites. Market research analysts have estimated the skid-steer loader market in EMEA to be influenced by factors like rapid urbanization and infrastructure development, which results in its moderate market growth rate of more than 6% by 2019.
The versatility of skid-steer loaders is a significant growth-driving factor observed in this market. These loaders are highly maneuverable and can pivot 360 degrees to perform multitude of tasks in addition to their standard function of loading. Additionally, these loaders can also be fitted with attachments like an angle broom, backhoe, and auger to perform tasks such as breaking concrete, trenching, digging, palletizing, vertical lifting, and hauling.
Geographical segmentation of the skid steer loader market in EMEA
- Middle East
In this market analysis, analysts have estimated the European region to account for more than 66% of the total market share by 2019. The replacement of outdated equipment with energy-efficient, powerful, and low-emission equipment is expected to drive market growth in this region during the forecast period.
Competitive landscape and key vendors
The market for skid-steer loaders is heavily dependent on the construction industry. Therefore, any increase in infrastructure development across EMEA will augment the demand for such loaders during the forecast period. The vendors in this market try to gain prominence by producing skid-steer loaders that are suitable for the customer's local environmental conditions. These vendors are also funding equipment rental companies, which allows them to strengthen their relationship with customers.
Key vendors in this market are -
- Case Construction
Other prominent vendors analyzed are Deere and Company, LiuGong Machinery, Hyundai Heavy Industries, Lonking, Gehl, JCB, Liebherr, Doosan Infracore, Hitachi Construction Machinery, Volvo Construction, First Source Engineering, and Roundebult Construction Machines.
Growth drivers, challenges, and upcoming trends: Skid-steer loaders
Upcoming trends such as the availability of attractive financing options are rapidly gaining popularity as it helps to increase the sale of skid-steer loaders. As the ownership of skid-steer loaders involves high initial investment, many vendors are providing these equipment with attractive financing options to augment sales. This allows companies to own the equipment with minimal impact on their budget, which in turn fosters market growth during the forecast period.Â
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the skid steer loader market in EMEA. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the skid steer loader market in EMEA?
- What are the key market trends impacting the growth of the skid steer loader market in EMEA?
- What are the challenges to market growth?
- Who are the key vendors in the global projector screen market?
- What are the market opportunities and threats faced by the vendors in the skid steer loader market in EMEA?
- Trending factors influencing the market shares of the Europe, Africa, and Middle East?
- What are the key outcomes of the five forces analysis of the skid steer loader market in EMEA?
- Global Skid-steer Loader Market 2015-2019
- Skid-steer Loader Market in APAC 2015-2019
- Skid-steer Loader Market in North America 2015-2019
- Construction Equipment Market in Brazil 2014-2018
- Market overview
- Offerings of the top vendors
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
- Five forces analysis
PART 07: Key leading countries
- Skid-steer loader market in Russia
- Skid-steer loader market in Italy
- Skid-steer loader market in France
- Skid-steer loader market in Saudi Arabia
- Skid-steer loader market in UAE
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive scenario
- Other prominent vendors
- Case Construction
- List of abbreviations
Exhibit 01: Product offerings
Exhibit 02: Classification of earthmoving equipment
Exhibit 03: Skid-steer loader market in EMEA ($ billions)
Exhibit 04: Investments in tourism development by country
Exhibit 05: Five forces analysis
Exhibit 06: Skid-steer loader market by geographical segmentation 2014-2019
Exhibit 07: Skid-steer loader market in Europe ($ millions)
Exhibit 08: Skid-steer loader market in Middle East ($ millions)
Exhibit 09: Skid-steer loader market in Africa ($ millions)
Exhibit 10: Key leading countries
Exhibit 11: Skid-steer loader market in Russia ($ millions)
Exhibit 12: Skid-steer loader market in Italy ($ millions)
Exhibit 13: Skid-steer loader market in France ($ millions)
Exhibit 14: Skid-steer loader market in Saudi Arabia ($ millions)
Exhibit 15: Skid-steer loader market in UAE ($ millions)
Exhibit 16: Urban population percentage by region 2013 and 2014
Exhibit 17: Impact of drivers
Exhibit 18: Iron ore prices 2015 ($ per metric ton)
Exhibit 19: Impact of drivers and challenges
Exhibit 20: Construction products
Exhibit 21: Caterpillar: Business segmentation 2014 by revenue
Exhibit 22: Caterpillar: Geographical segmentation by revenue 2014
Exhibit 23: Case Construction: Product categories
Exhibit 24: Komatsu: Business segmentation 2014
Exhibit 25: Komatsu: Business segmentation by revenue 2014 and 2015
Exhibit 26: Terex: Business segmentation by revenue 2014
Exhibit 27: Terex: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 28: Terex: Geographical segmentation by revenue 2014
The author of the report recognizes the following companies as the key players in the Skid Steer Loader Market in EMEA: Bobcat, Case Construction, Caterpillar, Komatsu and Terex
Other Prominent Vendors in the market are: Deere and Company, LiuGong Machinery, Hyundai Heavy Industries, Lonking, Gehl, JCB, Liebherr, Doosan Infracore, Hitachi Construction Machinery, Volvo Construction, First Source Engineering, and Roundebult Construction Machines.
Commenting on the report, an analyst from the research team said: “The construction equipment industry being capital-intensive, many small firms are unable to invest heavily in advanced equipment, so many vendors offer equipment on a rental basis. This is expected to lead to increased adoption of skid-steer loaders.”
According to the report, one of the major drivers fueling the growth of the market is the increased investment in infrastructure projects across EMEA. Rapid urbanization in EMEA demands high investment in developing infrastructure such as highways, railways, roads, and ports, which will lead to increased demand for skid-steer loaders during the forecast period.
Further, the report states that changing customer needs is one of the major challenges. Regardless of customer usage of skid-steer loaders, manufacturers have to create features such as reduced carbon emissions, equipment which can be used only for light construction work, and fuel efficiency, which are value additions to customers
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Case Construction
- Deere and Company
- LiuGong Machinery
- Hyundai Heavy Industries
- Doosan Infracore
- Hitachi Construction Machinery
- Volvo Construction
- First Source Engineering
- Roundebult Construction Machines.