Wheel
Loaders Market : Overview
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.
Wheel
Loaders Market : Drivers and Trends
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.
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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.
Wheel
Loaders Market : Segmentation
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.
Wheel
Loaders Market : Key Players
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
research report presents a comprehensive assessment of the market and
contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also
contains projections using a suitable set of assumptions and
methodologies. The research report provides analysis and information
according to categories such as market segments, geographies, types
and applications.
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