A wheeled loader is
a special type of heavy equipment machine that helps to move asphalt, dirt,
snow, logs, raw materials, debris generated from demolition, or during
construction activities. It is basically used to dump material on another
equipment such as dump trucks and conveyor belts. The bucket attached in front
of the loader is designed according to the need of the equipment and it varies
from the 50 to 1000 kW depending on the requirement of the equipment.
Analysts forecast
the Wheeled
Loader Market in Europe to grow
at a CAGR of 0.18 percent over the period 2013-2018.
The report
recognizes the following companies as the key players in the Wheeled Loaders
Market in Europe: Caterpillar Inc., JCB Ltd., Komatsu Ltd. and Volvo AB
Other Prominent
Vendors in the market are: Doosan Group, Hitachi Construction Machinery and
Liebherr.
Financing options
for owning the equipment acts as a catalyst for industry performance. It gives
opportunities for SMEs to venture into the industry with minimal risk and diminished
financial constraints
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Covered in this Report
This report covers
the present scenario and the growth prospects of the Wheeled Loader market
in Europe for the period 2014-2018. The report includes historical sales of
wheeled loaders in the European Construction Equipment industry. The market
size is determined by the revenue generated from sales of wheeled loaders. The
report also presents the vendor landscape and a corresponding detailed analysis
of the top four vendors in the market. In addition, the report discusses the
major drivers that influence the growth of the Wheeled Loader market in Europe.
It also outlines the challenges faced by vendors and the market at large, as
well as the key trends that are emerging in the market.
According to the
report, the construction industry worldwide is in the recovering phase, which
is boosting the demand for construction activities and making it a major driver
for the Wheeled Loaders segment. The use of equipment such as wheeled loaders
not only improves efficiency and productivity, but also provides employment, which
boosts economies.
Further, the report
states that a major challenge in the market is the high initial investment
involved. With inflation in the prices of raw materials such as steel and iron,
the increasing manufacturing cost of the equipment is an obstacle to the budget
constraints of smaller vendors.
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