Global Wheel Loaders Market 2024-2028
The wheel loaders market is forecasted to grow by USD 25856.1 mn during 2023-2028, accelerating at a CAGR of 9.8% during the forecast period. The report on the wheel loaders market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in public infrastructure, augmented demand from agriculture sector, and growing demand for housing projects worldwide.
Technavio's wheel loaders market is segmented as below:
ByEnd-user
ByPower Output
- More than 80 HP
- 40 to 80 HP
- Less than 40 HP
ByGeography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rising adoption of compact and efficient wheel loaders as one of the prime reasons driving the wheel loaders market growth during the next few years. Also, electric wheel loaders gaining traction and shift from conventional fuels will lead to sizable demand in the market.
The report on the wheel loaders market covers the following areas:
- Wheel loaders market sizing
- Wheel loaders market forecast
- Wheel loaders market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wheel loaders market vendors that include AGCO Corp., Caterpillar Inc., CNH Industrial NV, Deere and Co., Doosan Corp., Hyundai Heavy Industries Co. Ltd., Hidromek Hidrolik ve Mekanik Makina Imalat Sanayi ve Ticaret A.S., Hitachi Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr International Deutschland GmbH, Lonking Holdings Ltd., Manitou BF SA, Groupe Mecalac SAS, Sany Group, Schaffer Maschinenfabrik GmbH, Shandong Heavy Industry Group Co. Ltd., AB Volvo, Wacker Neuson SE, and Yanmar Holdings Co. Ltd.. Also, the wheel loaders market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.