Wheel Loaders Market by End-user, Power Output, and Geography - Forecast and Analysis 2021-2025

The wheel loaders market share is expected to increase by USD 17.33 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 9.33%.

This wheel loaders market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (construction and agriculture), power output (more than 80 HP, 40 to 80 HP, and less than 40 HP), and geography (APAC, North America, Europe, South America, and MEA). The wheel loaders market report also offers information on several market vendors, including AGCO Corp., Caterpillar Inc., CNH Industrial NV, Deere and Co., Doosan Corp., Hitachi Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Schaffer Maschinenfabrik GmbH, and Yanmar Holdings Co. Ltd. among others.

What will the Wheel Loaders Market Size be During the Forecast Period?

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Wheel Loaders Market: Key Drivers and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing investments in infrastructure is notably driving the wheeled loaders market growth, although factors such as the growing rental equipment market may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the wheel loaders industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Wheel Loaders Market Driver

The increasing investments in infrastructure will fuel the growth of the wheel loaders market size. Increased spending on public infrastructure plays a vital role in stabilizing the economy of a nation and facilitating its growth. Most infrastructure development projects in Asia are carried out by government agencies and public-sector entities. Asia is set to witness strong growth in investments, particularly in the transportation sector. Countries such as Indonesia and the Philippines are expected to spend heavily on road and highway projects during the forecast period and beyond. As a result, these developments are expected to spur heavy investments in the construction industry, thus bolstering the demand for wheel loaders. 

Key Wheel Loaders Market Challenge

The construction machinery rental market has high penetration in developed countries in Europe and North America. This trend of renting construction machinery is rapidly gaining momentum in developing nations as well. Different types of construction machinery, such as wheel loaders, are widely available for rent at a moderate price. The increase in the availability of equipment on a rental basis may encourage small end-users to opt for such products. This will reduce the purchase of new equipment and have an adverse impact on the sales of new wheel loaders. Increasing competition from rental companies, therefore, could affect the market vendors' ability to attract and retain buyers and reduce their revenue opportunities, thus, affecting the growth of the global wheel loaders market adversely.

This wheel loaders market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Wheel Loaders Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

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

This statistical study of the wheel loaders market encompasses successful business strategies deployed by the key vendors. The wheeled loaders market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The wheel loaders market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Wheel Loaders Market?

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57% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for wheel loaders in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The growing construction activities in emerging economies backed by the increased government spending on developing infrastructure will facilitate the wheel loaders market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Wheel Loaders Market?

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The wheel loaders market share growth by the construction segment will be significant during the forecast period. The global construction industry will be primarily driven by the growing spending by various governments across the world on infrastructure. The growth of the construction industry will, in turn, fuel the demand for wheel loaders during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the wheeled loaders market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Wheel Loaders Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive wheel loaders market growth during the next five years
• Precise estimation of the wheel loaders market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the wheeled loaders industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of wheeled loaders market vendors

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