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Global Skid-steer Loaders Market 2017-2021

Global Skid-steer Loaders Market 2017-2021

About Skid Steer Loader

Skid-steer loaders are compact in size and have a small rigid frame. They consist of an engine-powered machine with lift arms. They are used to perform a variety of tasks in the construction industry. They can be easily fitted with attachments and labor-saving tools to perform several tasks on the construction site. This equipment is highly maneuverable because of its compact size, and the ability to support attachments makes it even more versatile.

Technavio’s analysts forecast the global skid steer loader market to grow at a CAGR of 7.01% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global skid steer loader market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of skid steer loaders.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Skid Steer Loader Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bobcat
  • CASE Construction
  • Caterpillar
  • Komatsu
  • Terex
Other prominent vendors
  • AB Volvo
  • Deere & Company
  • Hyundai
  • J C Bamford Excavators
  • KUBOTA Corporation
  • Liugong Machinery
  • Lonking Machinery
  • Manitou Americas
  • Takeuchi Manufacturing
  • Wacker Neuson
Market driver
  • Growing residential construction in the Americas
  • For a full, detailed list, view our report
Market challenge
  • Competition from compact track loaders
  • For a full, detailed list, view our report
Market trend
  • Growing preference for high specification units
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Skid Steer Loader Market 2017-2021

Technavio recognizes the following companies as the key players in the global skid steer loader market: Bobcat, CASE Construction, Caterpillar, Komatsu, and Terex

Other Prominent Vendors in the market are: AB Volvo, Deere & Company, Hyundai, J C Bamford Excavators, KUBOTA Corporation, Liugong Machinery, Lonking Machinery, Manitou Americas, Takeuchi Manufacturing, and Wacker Neuson.

Commenting on the report, an analyst from Technavio’s team said: “Rental stores have become the most ideal place for selling compact machines. Small and medium-sized enterprises (SMEs) are increasingly using construction equipment on a rental basis because of the high cost of ownership of construction equipment. Customers who use equipment on a rental basis are entitled to pay the rent on a monthly basis. Rental stores are playing a very important role as rental dealer shops for the best combination of versatility, reliability, strength, and ease of maintenance. The rental market is seeing a huge growth due to increased demand from the construction sector.”

According to the report, the US and Canada are the major construction markets in the Americas. Both the countries are witnessing growth in construction activities, especially in the residential sector. The US has seen an increase of 12% in the single-family residential homes. Single-family residential construction is projected to be strong during the forecast period. The number of new privately owned housing units, which were in the start-up phase, increased by 4.86% in 2016 from the 2015 figures, the number of housing units under construction increased by 8.10% in 2016 from the 2015 figures, and the number of housing units completed increased by 9.71% in 2016 from the 2015 figures. Increasing population, public spending, GDP, income, and higher employment are all set to drive the US construction market.

Further, the report states that skid-steer loader is an expensive equipment. Fluctuating prices of raw materials such as aluminum, stainless steel, and iron ore hinder the growth of the market. Increment in material costs will lead to a rise in production costs, which inflates the price of the equipment. This impacts the productivity of vendors as well as profit margins. High price leads to reduction in sales, thus affecting profit margins. In addition, the necessity for constant maintenance and support from vendors increases the overall cost of ownership and has an adverse effect on vendors’ profit margins.

Companies Mentioned

Bobcat, CASE Construction, Caterpillar, Komatsu, Terex, AB Volvo, Deere & Company, Hyundai, J C Bamford Excavators, KUBOTA Corporation, Liugong Machinery, Lonking Machinery, Manitou Americas, Takeuchi Manufacturing, and Wacker Neuson.

  • Executive Summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Benefits of skid-steer loaders
      • Table Challenges for the global skid-steer loaders market
      • Table Global skid-steer loaders market by region 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Overview of the global skid-steer loaders market
    • Market size and forecast
      • Table Global skid-steer loaders market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Market overview
      • Table Global skid-steer loaders market on the basis of geography 2016-2021 ($ billions)
      • Table Skid-steer loaders market by geography 2016 and 2021 (%)
    • Americas
      • Table Skid-steer loaders market in the Americas 2016-2021 ($ billions)
      • Table US construction spending share by end-user sectors December 2016 (%)
    • EMEA
      • Table Skid-steer loaders market in EMEA 2016-2021 ($ billions)
    • APAC
      • Table Skid-steer loaders market in APAC 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries with their market shares
    • Skid-steer loaders market in the US
      • Table Skid-steer loaders market in US 2016-2021 ($ billions)
    • Skid-steer loaders market in Italy
      • Table Skid-steer loaders market in Italy 2016-2021 ($ millions)
  • Decision Framework
  • Drivers and challenges
    • Market drivers
      • Table Average construction spending in APAC 2015
      • Table US new residential construction 2005-2016 (thousand units)
      • Table Monthly investment in new housing construction by type of dwelling in Canada 2016 ($ billions)
    • Impact of drivers on the key customer segment
      • Table Impact of drivers
    • Market challenges
      • Table Volatility in steel prices
      • Table Comparison between skid-steer loaders and compact loaders
    • Impact of challenges on the key customer segment
      • Table Impact of challenges
  • Market trends
    • Growing rental business
    • Growing preference for high specification units
    • Growing demand for energy-efficient skid-steer loaders
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Bobcat
      • Table Bobcat: Key products and services
      • Table Bobcat: Skid-steer loaders product range
    • CASE Construction
      • Table CASE Construction: Key products and services
      • Table CASE Construction: Skid-steer loaders product range
    • Caterpillar
      • Table Caterpillar: Key product and services
      • Table Caterpillar: Skid-steer loaders product range
    • Komatsu
      • Table Komatsu: Key products and services
    • Terex
      • Table Terex: Key products and services
      • Table Terex: Skid-steer loaders product range
  • Appendix
    • List of abbreviations
  • Explore Technavio

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