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$9 8 Billion Worldwide Compact Loaders Industry to 2027 - Impact of COVID-19 on the Market

Share: ResearchAndMarkets.com s offering. The publisher brings years of research experience to the 8th edition of this report. The 190-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Compact Loaders Market to Reach $11.2 Billion by 2027 Amid the COVID-19 crisis, the global market for Compact Loaders estimated at US$9.8 Billion in the year 2020, is projected to reach a revised size of US$11.2 Billion by 2027, growing at a CAGR of 2% over the analysis period 2020-2027. Construction, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach US$4.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Agriculture & Forestry segment is readjusted to a revised 1.6% CAGR for the next 7-year period.

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