Module parse failed: Unexpected token (614:8) error while building vue application using webpack

[achyut1901]

Describe the bug
A clear and concise description of what the bug is.

ERROR in /var/lib/jenkins/workspace/docker-build/node_modules/compressorjs/dist/compressor.js
Module parse failed: Unexpected token (614:8)
You may need an appropriate loader to handle this file type.
| this.image = new Image();
| this.options = {
| ...DEFAULTS,
| ...options
| };
@ /var/lib/jenkins/workspace/node_modules/babel-loader/lib!/var/lib/jenkins/workspace/tms-docker-build/node_modules/vue-loader/lib/selector.js?type=script&index=0!../common-v2/mixins/UploadMixin.vue 8:0-38
@ ../common-v2/mixins/UploadMixin.vue
@ /var/lib/jenkins/workspace/tms-docker-build/node_modules/babel-loader/lib!/var/lib/jenkins/workspace/tms-docker-build/node_modules/vue-loader/lib/selector.js?type=script&index=0!./src/modules-v2/exim/views/exim_form_container.vue
@ ./src/modules-v2/exim/views/exim_form_container.vue @ ./src/modules-v2/exim/views lazy ^\.\/.*$ @ ./src/modules-v2/exim/exim_route.js @ ./src/router/index.js @ ./src/main.js�[39m�[22m

weback: v3
Vue: v2.4