Compact Utility Vehicles Market is anticipated to reach US$ 45.99 Mn by 2029 from US$ 31.82 Mn in 2022 at a CAGR of 5.4% during a forecast period.Compact Utility Vehicles Market Overview
The Compact Utility Vehicles Market is driven by the increasing use of compact utility vehicles in place of big off-road vehicles across the globe. In addition, growing construction and civic utility activities across the globe are expected to create growth opportunities during the forecast period. Region-wise, North America was the largest market for compact utility vehicles, accounting for 35% of the market share in 2022.To know about the Research Methodology :- Request Free Sample Report
COVID-19 impact on market:
COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma.Compact Utility Vehicles Market Dynamics
Compact utility vehicles are commonly used in the construction industry for a variety of applications like drilling, digging, breaking, and demolition. In addition, compact utility vehicles use less fuel than larger off-road vehicles, which is one of the most advanced features of compact utility vehicles. These factors are expected to drive the market's growth during the forecast period. In addition, an increase in demand for off-road vehicles, combined with increased adoption of green revolution technologies and growing acceptance of electric utility vehicles due to zero-carbon emissions fuel, is expected to provide an impetus growth opportunity for the compact utility vehicles market. In addition, the compact utility vehicle market is accelerating due to fast growth in construction and civic utility operations, as well as the increase of mining activities. Increased investment for the extraction of minerals and ores in the mining industry and rapid industrialization across various regions is expected to drive the compact utility vehicles market during the forecast period. Nowadays, people preferring large-sized utility vehicles are gone, and today the focus is on small compact utility vehicles. Furthermore, with gas costs at an all-time high, consumers are looking for fuel-efficient compact utility vehicles. As a result, the compact utility vehicle market is expected to be driven by a rise in demand for performance mixed with efficiency during the forecast period.Increased adoption of the AWD and 4WD vehicles
Due to operating conditions, utility vehicle end-users are seeking efficient output and optimal performance high-end driving operations. Furthermore, end-user demand has evolved to include greater luxury, comfort, and driving dynamics. End-user demand is shifting toward four-wheel drive and all-wheel drive cars to achieve higher levels of safety and vehicle dynamics. Thus, the majority of utility vehicle manufacturers are working on improving these drive systems to meet the changing needs of end customers. The use of AWD and 4WD utility vehicles has risen dramatically, which is expected to drive the growth of the compact utility vehicles market during the forecast period.The Electric Compact Utility Vehicles Competition Gains Traction:
Electric cars are getting more popular as consumers become more interested in SUVs. Many governments throughout the globe are encouraging people to buy electric cars and invest in infrastructure. Improvements in technology, notably the chemical composition of batteries, along with decreased prices owing to economies of scale have made electric vehicles more competitive against conventional automobiles, similar to how the compact utility has become more competitive. It also paves the way for the electrification of heavier and bigger vehicle categories. Because compact utility vehicles are quickly becoming the most popular vehicle type in key passenger car markets, electric versions are expected to face stiff competition. Restraints: The rising popularity of Sports Utility Vehicles (SUVs) in some countries is one of the key restraints to the market, which is expected to hamper the demand for small and mid-sized utility vehicles.Compact Utility Vehicles Market Segment Analysis
By Propulsion, ICE compact utility vehicles accounted 90% of the market share in 2022. Electric compact utility vehicle sales are expected to grow slowly as product refinement and development operations continue in this segment, which has a lot of room for improvement. Many manufacturers have introduced their own electric small utility vehicles, but it is expected to take a few more years for electric vehicles to compete effectively with ICE vehicles in the tiny utility vehicle market. By Power, 25-50 HP small utility vehicles segment accounts for over 90% of the market and is expected to grow at a CAGR of 2.6 percent during the forecast period. Consumers in the 25-50 HP segment continue to have greater flexibility due to a greater number of product variations and specifications, thus end-users choose 25-50 small utility vehicles across the world. In 2022, small UVs accounted for 22.7 percent of global market revenue. In comparison to 2022, this represents a 9.1% increase in market share. Spain earned around 44 percent and Italy earned 43 percent revenue share of Small SUV sales in 2022. Jeep sales of US$47.6 billion were the best-performing brand in the Small UVs sector in 2022, followed by Honda and Nissan.By Vehicle Type, Excavator sales were higher as compared to skid steer loader sales, and this trend is expected to continue in the forecast period. In 2022, excavators hold more than 70% of the market share compared to skid steer loader and detachable-based vehicles. Small-scale projects and residential applications are where skid steers are most commonly employed. When the material is piled and requires tight turns, skid steers are used widely. When excavation is being done on construction sites, excavators are given a higher priority. Excavators' extended reach on construction sites makes them more versatile in use, so skid steer loaders are expected to have a smaller market share in the global compact utility vehicle market than excavators. By Application, the construction industry drives the majority of global demand for compact utility vehicles. The small-scale industry segment has a particularly high demand. Another profitable segment is civic utilities, where these vehicles are used for municipal projects like solid waste management and small-scale infrastructure projects.
Compact Utility Vehicles Market Regional Insights
The United States is the largest market for compact utility vehicles, accounting 35% of the market share in 2022. The increase in industrial usage and for civic utility applications in the country is one of the major factors driving the growth of the market. Because the United States is one of the largest construction markets, building projects in the United States are expected to increase after the pandemic, and overall sales of compact utility vehicles are expected to grow in the forecast period. As Europe's largest shareholder, Germany's compact utility vehicle market is expected to grow at 1.7 percent during the forecast period. Manufacturers have been gradually developing new customer bases in Germany as the German construction sector is booming. The country's key macroeconomic drivers remain strong, and many variables are positive for growth, thus the growth is likely to stay steady during the forecast period. The Indian compact utility vehicle market is the second biggest in the Asia Pacific. In India's compact utility vehicle market, excavators with 20-50 horsepower have emerged as a major segment. India is expected to grow at a CAGR of 3.8 percent, the highest in the Asia Pacific compact utility vehicle market during the forecast period. Increased building activity and civic utility applications in India are driving up demand for small utility vehicles, resulting in positive growth for the market. The Chinese compact utility vehicle market is expected to grow at xx% due to the increased civic utilities and construction activities in the country. There has been a surge in sales of compact utility vehicles in China in 2022, and this trend is expected to continue during the forecast period. The objective of the report is to present a comprehensive analysis of the Compact Utility Vehicles Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Compact Utility Vehicles Market dynamics, structure by analyzing the market segments and project the Compact Utility Vehicles Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Compact Utility Vehicles Market make the report investor’s guide.Compact Utility Vehicles Market Scope: Inquire before buying
Global Compact Utility Vehicles Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 31.82 Mn. Forecast Period 2023 to 2029 CAGR: 5.4% Market Size in 2029: US $ 45.99 Mn. Segments Covered: by Power Supply Wheeled Tracked Alternate by Power Below 25 HP 25 to 50 HP by Propulsion ICE Electric by Vehicle Type Skid Steer Loaders Excavators Detachable Accessory Based Vehicle by Application Construction Mining Utilities Industrial Gardening and Landscaping Others Compact Utility Vehicles Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Compact Utility Vehicles Market, Key Players are
1. Kubota Corporation 2. Komatsu Ltd. 3. Hitachi Construction Machinery Co. Ltd. 4. Hyundai Construction Equipment Co., Ltd. 5. CNH Industrial America LLC 6. YANMAR HOLDINGS CO., LTD. 7. Mitsubishi Logisnext Co., Ltd. 8. Volvo Construction Equipment 9. Caterpillar 10. CNH Industrial N.V. 11. Deere & Company 12. Doosan Bobcat 13. J C Bamford Excavators Ltd. 14. Wacker Neuson SE 15. AB VolvoFrequently Asked Questions
1. What is the projected market size & growth rate of Market? Ans- Compact Utility Vehicles Market was valued at USD 31.82 million in 2022 and is projected to reach USD 45.99 million by 2029, growing at a CAGR of 5.4 % during the forecast period. 2. What is the key driving factor for the growth of Market? Ans- The Market is driven by the increasing use of compact utility vehicles in place of big off-road vehicles across the globe. 3. Which Region accounted for the largest Market share? Ans- North America is the largest market for the compact utility vehicles. 4. What makes Asia Pacific a Lucrative Market for Market? Ans- Increased building activity and civic utility applications in India are driving up demand for small utility vehicles, resulting in positive growth for the market. 5. What are the top players operating in Market? Ans- Kubota Corporation, Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Hyundai Construction Equipment Co., Ltd., CNH Industrial America LLC, YANMAR HOLDINGS CO., LTD., Mitsubishi Logisnext Co., Ltd., and Volvo Construction Equipment.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Compact Utility Vehicles Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Compact Utility Vehicles Market 3.4. Geographical Snapshot of the Compact Utility Vehicles Market , By Manufacturer share 4. Compact Utility Vehicles Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Equipment Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power supply of Buyers/Consumers 4.1.6.3. Bargaining Power supply of Suppliers 4.1.6.4. Threat of Substitute Power supply 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Compact Utility Vehicles Market 5. Supply Side and Demand Side Indicators 6. Compact Utility Vehicles Market Analysis and Forecast, 2022-2029 6.1. Compact Utility Vehicles Market Size & Y-o-Y Growth Analysis. 7. Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Power supply, 2022-2029 7.1.1. Wheeled 7.1.2. Tracked Alternate 7.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 7.2.1. Below 25 HP 7.2.2. 25 to 50 HP 7.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 7.3.1. ICE 7.3.2. Electric 7.4. & Forecast By Vehicle Type, 2022-2029 7.4.1. Skid Steer Loaders 7.4.2. Excavators 7.4.3. Detachable Accessory Based Vehicles 7.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.5.1. Construction 7.5.2. Mining 7.5.3. Utilities 7.5.4. Industrial 7.5.5. Gardening and Landscaping 7.5.6. Others 8. Compact Utility Vehicles Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 9.1.1. Wheeled 9.1.2. Tracked 9.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 9.2.1. Below 25 HP 9.2.2. 25 to 50 HP 9.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 9.3.1. ICE 9.3.2. Electric 9.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 9.4.1. Skid Steer Loaders 9.4.2. Excavators 9.4.3. Detachable Accessory Based Vehicles 9.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.5.1. Construction 9.5.2. Mining 9.5.3. Utilities 9.5.4. Industrial 9.5.5. Gardening and Landscaping 9.5.6. Others 10. North America Compact Utility Vehicles Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 11.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 11.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 12.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 12.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 13.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 13.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 14.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 14.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Compact Utility Vehicles Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 16.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 16.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 17.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 17.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 18.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 18.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 19.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 20.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 21.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 21.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 22.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 22.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 23.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 23.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 24.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 24.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Compact Utility Vehicles Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 26.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 26.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 27.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 27.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 28.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 28.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 29.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 29.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 30.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 30.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 31.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 31.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 32.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 32.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 33.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 33.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Compact Utility Vehicles Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 35.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 35.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 36.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 36.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 37.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 38.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 39.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 39.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 40.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 40.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Compact Utility Vehicles Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 42.3. Market Size(Value) Estimates & Forecast By Propulsion, 2022-2029 42.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 42.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 43.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 43.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Compact Utility Vehicles Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Platform, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Power, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Propulsion, 2022-2029 44.4. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 44.5. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Electronic Recycling Market. 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment 45.2.2. New Power supply Launches and Power supply Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Komatsu Ltd 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Power supply Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Wavelengths 45.3.2. Kubota Corporation 45.3.3. Komatsu Ltd. 45.3.4. Hitachi Construction Machinery Co. Ltd. 45.3.5. Hyundai Construction Equipment Co., Ltd. 45.3.6. CNH Industrial America LLC 45.3.7. YANMAR HOLDINGS CO., LTD. 45.3.8. Mitsubishi Logisnext Co., Ltd. 45.3.9. Volvo Construction Equipment 45.3.10. Caterpillar 45.3.11. CNH Industrial N.V. 45.3.12. Deere & Company 45.3.13. Doosan Bobcat 45.3.14. J C Bamford Excavators Ltd. 45.3.15. Wacker Neuson SE 45.3.16. AB Volvo 46. Primary Key Insights