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Wheel Loaders Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Report Description

Loader is a type of wheeled tractor mounted with square bucket on the front, rear or sometimes at both the ends. The buckets attached are used to scoop up lose material from the ground which may include dirt, sand or gravel. Wheel loaders are primarily used to transfer stockpiled materials from one place to another. They are also used to load materials into truck, clearing rubble, placing pipes, digging and other such activities. The front load bucket capacity is much greater than the backhoe loader bucket, as the backhoe loader bucket is majorly used as a digging equipment. The backhoe digging equipment can dig deeper than the machine’s wheel level. Front loaders are also used to remove snow from parking areas, sidewalks and other areas in snow-prone regions. Unlike bulldozers, wheeled loaders are flexible enough to travel across any part of the roads or construction sites. Wheel loaders steering mechanism is maneuvered by articulate steering system which is hydraulically actuated. This system allows better control over the machine even under greater weight holding operations. 

Major areas deploying wheel loaders comprise of construction zones, mining vicinities, defense lands and others. Rising urbanization and industrialization has greatly supported the construction activities to grow in the last couple of decades. This has raised the adoption of wheel loaders largely in the construction sector. Deployment of armored wheel loaders in military and defense areas has proved greatly proficient as a part of combat engineering missions under hostile territories. The armored wheel loaders are also used for building bridges and bases, removing road blocks, and other allied activities. This has posed a positive impact on wheel loaders market. Moreover, there are certain activities which can’t be carried out by large bulldozers due to their size, such tasks are easily carried out by wheel loaders owing to their flexibility. The Asia pacific and European regions have proven to be the major contributors of heavy duty machineries market. Thus, the market size for wheel loaders in this regions is significantly large.

The global wheel loaders market can be segmented on the basis of types of wheel loader, net operating power, types of bucket, end-use application, and geography. The segmentation on the basis of types include front loader, backhoe loader, compact loader and armored wheel loader. On the basis of net operating power, the wheel loader market is segmented into 20 – 40 hp, 40 – 80 hp, 80 – 120 hp, 120 – 160 hp, and 160 hp and above. The segmentation on the basis of types of bucket equipped in the wheel loaders comprise of wedge bottom bucket, flat bottom bucket, backhoe bucket, demolition bucket, excavating buckets and others. The end-use areas deploying wheel loaders include stone quarries, mining zones, construction sites, military & defense, and public sectors. The global wheel loaders market on the basis of geography includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Some of the key players in the global wheel loader market includes Caterpillar Inc., Hitachi Ltd., Deere & Company, Kawasaki Heavy Industries, Limited, Komatsu Ltd., Larsen & Toubro Limited, and New Holland Construction.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 

The study is a source of reliable data on:

  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
  • Tracking current trends/opportunities/challenges
  • Competitive insights
  • Opportunity mapping in terms of technological breakthroughs 

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa) 

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market. 

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

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