Compact Wheel Loaders Market

Compact Wheel Loaders Market: APEJ to Lead in Terms of Revenue: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2026)

The global compact wheel loader market is in the midst of a transformation, with technology sweeping the entire industry. Increase in comfort and convenience of cabs, combined with improvement in quality of buckets and provision for extra buckets are some of the changes in the compact wheel loader market. According to a research by Future Market Insights (FMI), the global compact wheel loader market is expected to reach a valuation of over US$ 314 Mn by the end of 2026. It is projected that the global compact wheel loader market will grow at a CAGR of 2.5% during the assessment period 2017-2026.

compact wheeled loader market

The report provides a detailed analysis on the global compact wheel loader market, highlighting the key segmentation highlights. The report has segmented the market on the basis of operation weight, bucket capacity, application, and country.

North America Analysis

In North America, use of compact wheel loaders with operating weight less than 6000 kg is higher than that of more than 6000 kg. On the basis of bucket capacity, the key segments include less than 1 cubic meter and more than 1 cubic meter. Currently, the demand for more than 1 cubic meter bucket capacity is higher than less than 1 cubic meter. More than 1 cubic meter bucket capacity segment in North America is likely to reach nearly US$ 35.6 Mn in revenues by the end of 2026.

On the basis of application, the key segments in North America compact wheel loader market are construction, mining, ground maintenance, landscaping, forestry & agriculture, and others. Among these segments, adoption of compact wheel loaders in the construction sector continues to account for the bulk of revenues. This segment is likely to reach a valuation of US$ 27.9 Mn by the end of forecast period.

Asia Pacific excluding Japan Analysis

Asia Pacific excluding Japan (APEJ) is one of the leading markets for compact wheel loaders globally. The compact wheel loaders market in APEJ is likely to reach a value of nearly US$ 141 Mn in revenues by the end of forecast period. The high demand for compact wheel loaders in Asia Pacific excluding Japan (APEJ) is on account of the resurgence in the construction industry and government initiatives on boosting infrastructure. Many countries in APEJ are focusing on boosting their infrastructure, which has led to massive spending on construction activities. These macroeconomic trends are providing an impetus to the growth of the compact wheel loaders market in the region.

China and India are likely to be the major centers of growth for the compact wheel loader market in APEJ. These two countries have been at the forefront of growth in the APEJ region, and it is highly likely that demand for compact wheel loaders will continue to witness an increase in the near future as well.

Competitive Landscape

Some of the leading companies profiled in the report include Caterpillar, Deere & Company, Hitachi Construction Machinery, Komatsu, Volvo Construction Equipment, Doosan Bobcat, Inc., Yanmar Holdings Co. Ltd, JCB, Inc, Kubota Corp., and Case Construction Equipment.

Future Market Insights (FMI) analyzes the global compact wheel loader market for the forecast period 2017-2026. The historical assessment on the market has been taken for the period 2012-2016. The report is a comprehensive source of information that offers readers comprehensive insights on the future direction of the market during the assessment period.

Compact wheel loaders are widely used in the construction sector, and the demand for compact wheel loaders is widely influenced by macroeconomic developments. During the housing crisis, the demand for compact wheel loaders declined considerably; however, the resurgence in the sector has meant that demand for compact wheel loaders has improved considerably. The report studies the growth of the global construction industry, and analyzes the impact of this macroeconomic development on the compact wheel loaders landscape.

In a bid to give readers detailed insights and analysis, the report offers detailed segmentation and analysis. The purpose of segmentation is to give readers a clear and transparent picture on the attractive and sluggish segments in the market. The detailed segmentation also introduces readers to the important trends and analysis that are impacting the growth of a particular segment.

Market Segmentation

Region

Operating Weight

Bucket Capacity

Application

  • North America

  • Less Than 6000 Kg

  • Less Than 1 cubic meter

  • Construction

  • Latin America

  • More Than 6000 Kg

  • More Than 1 cubic meter

  • Ground Maintenance

  • Europe

 

 

  • Landscaping

  • Japan

 

 

  • Mining

  • APEJ

 

 

  • Forestry & Agriculture

  • MEA

 

 

  • Others

 The report segments the global market on the basis of region, operating weight, bucket capacity, and application. On the basis of region, the report has been segmented into North America, Latin America, Europe, Japan, APEJ, and MEA. The analysis on these regions is provided on a country-wise level as well. In North America, the key countries covered in the report include the US and Canada. In Latin America, analysis and insights are offered in Brazil, Mexico, Argentina, and Rest of Latin America. In Europe, the key countries that are covered include Germany, UK, France, Spain, Nordic, and Rest of Europe.

A detailed segmentation and analysis has also been offered on the basis of operating weight, bucket capacity, and application. On the basis of operating weight, the key segments include less than 6000 kg and more than 6000 kg. By bucket capacity, the key segments include less than 1 cubic meter and more than 1 cubic meter. By application, the key segments include construction, forestry and agriculture, landscaping, ground maintenance, mining, and others.

In addition to these detailed analysis and insights, the report also offers a detailed analysis on the competition landscape in the market. The business and product strategies of the leading companies is discussed in this section. Stakeholders can expect a wealth of information about the strategies of key players in this section.  

Research Methodology

The market sizing and forecasting has been carried out after exhaustive primary and secondary research. The macroeconomic conditions have been studied in detail, with an analysis on business, political, and economic scenario outlined for thorough understanding. A domain-wise analysis has been offered to readers for their perusal.