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Global Wheel Loader Market ----------------------------------------------------2014
View Report Details Executive Summary Wheel loaders are one of the major segments of construction equipment industry. These are used extensively in numerous fields ranging from building structures to mining and farming. It can perform four general tasks: scooping, digging, dumping and carrying. Loaders are used mainly for loading materials into trucks, laying pipe, clearing rubble, and digging. There are various makes and models of wheel loaders, which can be categorized into heavy wheel loader and the light wheel loader. The growth of the global wheel loader market has witnessed a significant incline in 2013 after plunging in previous year which was majorly due to the weakening demand in China. However, a considerable growth is anticipated in the coming years. The key factors driving growth of the global wheel loaders industry include rising global construction expenditure, increasing urban population, accelerating global income and China’s booming construction industry. Some of the noteworthy trends and developments of this industry are the expanding rental market for wheel loaders and the development of emerging markets like India, Indonesia. However, the growth of global wheel loader industry is hindered by the strict regulatory compliance imposed on manufacturers and adverse economic condition. The present report offers a comprehensive analysis of the worldwide wheel loader. The competition in the global market is intense with few large players viz. Caterpillar, Komatsu, Liebherr, Volvo and Liugong. The competitive landscape in China, Brazil, North America and Europe along with the company profiles of the leading players in the market is discussed in detail. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Wheel Loaders are used mainly for loading materials into trucks, laying pipe, clearing rubble and digging. •
The Chinese construction equipment market is declining since 2012. The same accounted for … unit sales in 2013. Total sales dropped by ..%, compared to … unit sales in 2012. For 2014, the construction equipment market is expected to return to growth, led by wheel loaders and excavators and develop by ..% to … sales.
•
In 2012, the Chinese wheel loader sales volume declined significantly by ..% to … units, from … units in 2011. However, the same is recovering now but at a slow pace. Wheel loader sales witnessed an incline of ..% in 2013 and accounted for … units. The sales volume of respective market in China is projected to reach … units by the end of 2015.
•
Crawler Excavator and wheel loader are the two main types of construction equipments in-accordance with the global sales during 2013. The sales of these two equipments accounted for ….% and ….%, respectively, of total sales of construction equipment. Compact excavator is another major product which held …% of total sales.
2014E
2013
2012
2011
2010
2009
2008
2007
(‘000 Units)
China Construction Equipment Unit Sales (2007-2014E)
Global Construction Equipment Market Share by Product Type China’s Wheel Loader Sales Volume (2007-2015E)
(‘000 Units)
(2013)
2007 2008 2009 2010 2011 2012 2013 2014E 2015E
Crawler Excavator
Wheel Loader
Compact Excavator
Backhoe Loader
Skid-Steer Loader
Other Equipments
There are various makes and models of wheel loaders, which can be categorized into heavy wheel loader and the light wheel loader.
2014E
2013
2012
2011
2010
2009
2008
2007
(‘000 Units
North America Construction Equipment Unit Sales (2007-2014E)
•
Construction equipment market in North America has grown at a CAGR of ….% till 2013. As of 2013, North America witnessed a y-o-y decline of …% in the construction equipment market, which accounted for …. unit sales compared to … unit sales in the prior year.
•
As of 2012, skid-steer loaders dominate the construction equipment market in North America with roughly ..% share in the sales. It is followed by crawler excavators and mini excavators each comprising ..% of the total sales. Wheel loaders accounted for …% of the share, immediately followed by the backhoe loaders with 10% of the sales.
•
The wheel loader market in Brazil has showed a robust performance over the past couple of years. Making an impressive increase of …%, the sales volume was … units at the end of 2013, compared to … units during the previous year. Moreover, from … unit sales in 2009 to 2013 the wheel loader market in Brazil grew at a remarkable CAGR of …%.
North America Construction Equipment Breakdown by Product
Backhoe Loader
Others
2016E
Wheel Loader
2015E
Mini Excavator
2014E
Crawler Excavator
2013
2011
Skid-Steer Loader
2012
Brazil Wheel Loader Unit Sales (2011-2016E)
(2012)
The key factors driving growth of the global wheel loaders industry include rising global construction expenditure, increasing urban population and China’s booming construction industry.
2014E
2013
2012
2011
2010
2009
2008
2007
(‘000 Units)
Europe Construction Equipment Unit Sales (2007-2014E)
Wheel Loader Market Share in China (2013)
•
Europe’s market experienced an annual decline in the unit sales of construction equipment by ..% in 2013. The same accounted for … units, compared to …. units in the prior year. The sales in the two largest markets, Germany and France, remained volatile. Total construction equipment sales are expected to incline by …% in 2014, to reach … units.
•
Chinese wheel loader market is quite consolidated, as top five players held over …% share of total sales. In 2013, Lingong, a subsidiary of Volvo, and Liugong were the market leaders accounting for …% share each of total sales of wheel loaders in China followed by Lonking which accounted for ….% of the sales in the region.
•
Caterpillar and Deere together shared …% of sales with the individual share of …% and …%, respectively, in North America Wheel Loader Market. Komtsu was on third place with …% share, followed by Volvo and Case which accounted for ..% and …% market share, respectively..
North America Wheel Loader Market Share by Company (2012)
Liugong
Lonking
Xiagong
Lingong
Xugong
Changlin
Shangong
Chenggong
Foton
Other
Caterpillar Others
John Deere
Komatsu
Volvo
Case
Kawasaki
Some of the noteworthy trends in wheel loader industry includes expanding rental market for wheel loaders and the development of emerging markets like India, Indonesia. Global Wheel Loader Sales (2010-2017F)
The global construction equipment industry has been declining since 2012, largely due to weak demand, intense rivalry and extensive overcapacity in the global market. Construction equipment market witnessed a significant Y-O-Y decline of ….% in year 2012. At the end of 2013, the sales volume of construction equipment again decreased by ….% to reach …. units, from …. unit sales in 2012. But global construction market is expected to grow at a decent pace in the near future as the economy stabilizes.
The global sales are anticipated to reach … units by 2017 compared to the estimated sales of … units in 2013. Though, the sales declined in 2012 to … units from … units in 2011, representing a noteworthy decline of …%. This was mainly due to decline in the demand of wheel loaders in China. Global wheel loader sales are expected to grow at a CAGR of …% for the period spanning 2012-2017.
Asia Pacific accounted for …% of the global construction equipment sales during 2013 which is the largest share among all regions. Out of the total construction equipment sales in Asia Pacific region, China roughly accounted for …% sales, thereby becoming world’s biggest market. North American held ….% share followed by Europe which recorded …% sales of construction machinery. China and North American are the only regions which showed a little Y-O-Y growth in the sales in 2013 while sales in rest of the regions declined.
Note: Market attractiveness is inverse of penetration. Low penetration means high attractiveness and vice-versa
2017F
2016F
2015F
2014F
2013E
2012
2011
2010
2014E
2013
2012
2011
2010
2009
2008
2007
2006
(‘000 Units)
(‘000 Units)
Global Construction Equipment Sales (2006-2014E)
View Report Contact Us:Details These are abridged and sanitized sample pages from the comprehensive report on the “ Global Wheel Loader Market Report ”. To know more about this report or for any customized research requirement, please contact the following:
Koncept Analytics
Vikas Gupta BD Manager
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