Wheel Loaders Market Regional Outlook, Competitive Strategies and Forecast up to 2030

1. Wheel Loaders Market Likely to Witness CAGR of 4.69% from 2019 to 2030 Global wheel loaders market valued US$ 15.24 billion in 2018. It is anticipated to grow at a CAGR of 4.69% from 2019 to 2030. The global wheel loader market is a structured market and is largely governed by prominent players such as Caterpillar AB Volvo Deere and Company CNH Industrial N.V. Komatsu Ltd Hitachi Construction Machinery Co., Ltd. J C Bamford Excavators Ltd. Doosan Infracore Larsen and Toubro Limited. Liugong Machinery Co., Ltd. Get FREE Sample Pages with TOC to understand the structure of the complete report @ https://www.marketindustryreports.com/pdf/100 As per Market Industry Reports (MIR) research findings, continuously rising construction activities, new product launches and technological advancements are set to open new avenues for stakeholders. Continuously rising construction activities including transport infrastructure and residential housing projects such as smart cities, is considered as a major factor driving the market growth. Technological advancements by the key players is another major factor driving the market growth. Moreover, some players are working on electrification of wheel loader. For instance, Volvo Construction Equipment announced its prototypeLX1 hybrid electric wheel loader for green waste composting site and transfer site.

2. However, high cost associated with wheel loaders and huge initial investment for manufacturing wheel loaders are the factors restraining the overall growth of the market. “Key players investing more on RandD activities to launch new product will create immense opportunity for manufacturers,” said Tathastu, Senior Analyst, Automotive at MIR. MARKET ECOSYSTEM/CLASSIFICATION By Application Public Infrastructure Forestry and Agriculture Mining and Quarrying Others Get Data Pack/Excel @ https://www.marketindustryreports.com/data- pack/100 By Operating Weight greater than 20000 kg 20000-40000 kg 40000-60000 kg >60000 kg From a regional perspective, Asia-Pacific is expected to witness highest CAGR in the coming years due to growing population, continuously growing economy, and rising residential construction activities. Whereas, China holds more than 40% of the market share and Indian wheel loaders market is anticipated to grow at a higher CAGR over the forecast period. Thus, many key players are launching their products in India. For instance, SDLG launched its L958F wheel loader in India at bauma CONEXPO India 2018. L958F features include larger bucket capacity, heavier operating weight and a new cooling design system. REASONS TO BUY THE REPORT: Deep-rooted quantitative and qualitative insights at segment and sub- segment level Global insights with country levels information

3. Comprehensive insights on market dynamics, and business environment Exhaustive coverage on competitive landscape Insights on „Key Strategies‟ followed by leading players of the market Access to „Latest Strategic Developments‟ registered by leading players of the market CUSTOMIZATION OPTIONS: Vehicle Electrification (Current and Future Prospect Assessment) Free addition of „Company Profiles‟ Clientele Base Assessment For deep rooted insights on this topic, please refer @ https://www.marketindustryreports.com/ENT-devices-market/100 Read More: https://www.marketwatch.com/press-release/Wheel-Loaders-Market-Likely-to- Witness-CAGR-of-469-from-2019-to-2030-2019-08-26 ABOUT US: Market Industry Reports is a global leader in market measurement and advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. CONTACT US: 2nd Floor, Manikchand Ikon, B-Wing, Dhole Patil Road, Sangamwadi, Pune 411001,Maharashtra, India sales@marketindustryreports.com +1 347 767 5477 (US) +44 131 463 4161 (UK) + 91 8956 767 535 (IN)