Wheel Loader Market Size

Market Insights

Wheel loaders market is expected to witness an impressive CAGR of 9.5% during 2022-2027.  Increasing investment in infrastructure is driving the growth of the market.  Wheel loaders are mainly utilized to transfer stockpiled materials from one place to another. They are also used to load materials into the truck, clear rubble, place pipes, dig, and execute other such activities. Increasing urbanization and industrialization are providing great support to construction activities. There are certain activities where bulldozers are replaced by wheel loaders due to their large size. The replacement of bulldozers with wheel loaders in situations where flexibility is required to travel across any construction site will support the market growth during the forecast period..

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What is Wheel Loaders?

Wheel loaders are a type of heavy machinery used in construction and other non-construction tasks. They can perform multiple tasks such as scooping, digging, dumping, and carrying.

Key Players

Some of the key players in the wheel loaders market are:-

• AGCO Corp.,
• Caterpillar Inc.,
• CNH Industrial NV,
• Deere and Co.,
• Doosan Corp.,
• Hitachi Ltd.,
• JC Bamford Excavators Ltd.,
• Komatsu Ltd.,
• Schaffer Maschinenfabrik GmbH,
• Yanmar Holdings Co. Ltd.  

Segment Analysis

Wheel Loaders Market Share: By End-User Type

Based on the end-user type, the market is segmented as construction and agriculture. The construction end-user type is estimated to grow at a significant rate during the forecast period. Increasing spending on infrastructure by various governments across the world is supporting the construction industry which is likely to increase the demand for wheel loaders for construction

Wheel Loaders Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period. China, India, and Japan are the major markets for wheel loaders in the region. Increasing mining, forestry, agriculture, and residential construction activities in developing economies of the region are supporting the growth of the market. The Indian wheel loaders market is anticipated to grow at a higher rate owing to various factors which include the rising mining and construction sectors in the country and government initiatives for developing infrastructure

Market Scope & Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The wheel loaders market is segmented into the following categories:-

Wheel Loaders Market Size, Share, & Forecast, by End-User Type:

• Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

• Agriculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW

Wheel Loaders Market Size, Share, & Forecast, by Power Output Type:

• Less than 40 HP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

• 40 to 80 HP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• More than 80 HP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW

Wheel Loaders Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico)

• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)

• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)

• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation by any one of the end-user types by power out type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.