Scope of the Study
Wheeled Loader is used to load materials such as debris, snow, feed, and raw materials. The bucket is attached either in the front or back, this assembly may be removable or permanently fixed. The loader supports the development infrastructure and provides high productivity. It can move in any type of surface which makes the task easier. Many technological developments are made to make the wheel loader efficient and to save energy. Furthermore the wheel loaders can complete the activities which the huge bulldozers cannot.
The market study is being classified by Type (Articulated, Compact Backhoe, Skid Steer and Others), by Application (Public Infrastructure, Forestry and Agriculture, Mining and Others) and major geographies with country level break-up.
Caterpillar (United States), Doosan Infracore (South Korea), John Deere (United States), Hitachi Construction Machinery (Japan), J C Bamford(JCB) (United Kingdom), LeeBoy (United States), Komatsu (Japan), Terex (United States), XCMG (China) and Shandong Lingong Construction machinery (China) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Xiamen Tider Industrial Co (China), Zhengzhou Golden Bull Machinery Limited (China) and Qingzhou Rongwei Engineering machinery (China).
In this market, the major players are looking for product launch, developments and expansion. The technological developments are assisting the new players to enter the market Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Wheeled Loaders market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Wheeled Loaders market by Type, Application and Region.
On the basis of geography, the market of Wheeled Loaders has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Weight, the sub-segment i.e. <20000 Kg will boost the Wheeled Loaders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power, the sub-segment i.e. <125 hp will boost the Wheeled Loaders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Urbanisation and Industrialisation is Boosting the Market
- Increasing Mining Activities around the Globe
Market Trend
- Adoption of Telematics in Construction Leading to the Growth of Wheel Loader Market
- Technological Developments Such as Fuel Efficient, Engine Idle Shutdown
Restraints
- High Costs Associated with the Product
- Low return on investments
Opportunities
- Rising Demand in Developing Countries
- Government Initiatives on Constructions and Other Projects
Challenges
- Lack of Skilled Labor in Developing Countries
- Growing Rental Equipment Market
Market Leaders and their expansionary development strategies
In 2019, John Deere acquired OnLink Inc. which is a provider of e commerce sales and marketing.
In 2018, Luigong launches 886H wheel loader along with other products like B170DL bulldozer, 4180D motor grader, TC800C5 truck-mounted crane, and S935 sugarcane to celebrate the 60th anniversary.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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