Global Skid Steer Market to grow at a CAGR of 8.09% during 2016-2020

"The Report Global Skid Steer Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -"

About Skid-steer Loader

Skid-steer loaders have a small rigid frame and are compact in size. They are used to perform a variety of tasks in the construction and mining industries. They can be easily fitted with various attachments to perform different tasks on the construction site.

Technavios analysts forecast the global skid-steer loader market to grow at a CAGR of 8.09% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global skid-steer loader market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from sales of skid-steer loaders across the globe. Geographical segmentation covered in the report is:

  • Africa
  • Americas
  • APAC
  • Europe
  • Middle East

Technavio's report, Global Skid-steer Loader Market 2016-2020, 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.

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Key vendors

  • Bobcat
  • Case Construction
  • Caterpillar
  • Komatsu
  • Terex

Other prominent vendors

  • LiuGong Machinery
  • Lonking
  • JCB
  • Liebherr
  • Doosan Infracore
  • Hitachi
  • Hyundai
  • Deere and Company

Market driver

Rapid urbanization

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Market challenge

Rise in manufacturing costs

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Market trend

Growth of equipment rental business

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Key questions answered in this report

What will the market size be in 2020 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?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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