The report covers a forecast and an analysis of the wheel loaders market on a global and regional level. The study provides historical data from 2013 to 2018 and a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the wheel loaders market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the wheel loaders market on a global level.
In order to give the users of this report a comprehensive view of the wheel loaders market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the wheel loaders market by segmenting it based on loader type, application, operating weight, power, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Advanced construction equipment and machinery are widely used by construction workers, as they are designed to simplify the various processes involved in building, construction, renovations, etc. Construction equipment manufacturers are focusing on offering efficient machines that facilitate heavy work. Mechanization is gradually taking over the globe, which is expected to fuel the wheel loaders market. Thus, the increasing adoption of wheel loaders for reducing labor-intensive work is the major growth driver of the wheel loaders market in the years ahead.
By loader type, the market is categorized into skid steer, compact backhoe, articulated, and others. Based on application, the market is sectored into public infrastructure, forestry and agriculture, mining, and others. The operating weight segment includes >60000 kg, 40000—60000 kg, 40000—20000 kg, and <20000 kg. On the basis of power, the market comprises >600 hp, 175—600 hp, 125—175 hp, and <125 hp.
Key players operating in the wheel loaders market are Palazzani Industrie, Caterpillar, Hitachi Construction Machinery, Deere & Company, AB Volvo, Doosan Corporation, Sany Group, CNH INDUSTRIAL, J C Bamford Excavators, KUBOTA Corporation, Liebherr-International Deutschland, Wacker, Komatsu, Mecalac, YANMAR, LiuGong Construction Machinery, Neuson, and Pettibone Traverse Lift, among others.
Global Wheel Loaders : Regional Segment Analysis
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Industry Major Market Players
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