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. 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.
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Wheel Loaders Market can be segmented on the basis of type as follows:
- Armored Wheel Loaders
- Tractor Front Loaders
- Compact Front End Loaders
- Skid Loaders & Track Loaders
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.
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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.
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The report covers exhaustive analysis on:
- Wheel Loaders Market Segments
- Wheel Loaders Market Dynamics
- Historical Actual Market Size, 2013 - 2015
- Wheel Loaders Market Size & Forecast 2016 to 2024
- Wheel Loaders Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Wheel Loaders Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
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