The loader global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Loader Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The loader market size has grown steadily in recent years. It will grow from $23.33
billion in 2023 to $24.46 billion in 2024 at a compound annual growth rate
(CAGR) of 4.8%. The growth in the historic period can be
attributed to growth in construction industry, mining sector expansion, waste
management needs, port and dock operations, efficiency and productivity,
increased use in forestry operations.
The loader market size is expected to see steady growth in the next few years.
It will grow to $29.3 billion in 2028 at a compound annual growth rate (CAGR)
of 4.6%. The growth in the forecast
period can be attributed to renewable energy projects, focus on sustainability,
global urban development, rise in demolition activities, focus on operator
comfort and safety, human factors engineering. Major trends in the forecast
period include adoption of compact
loaders, technological advancements in loader design, electric and hybrid
loaders, telematics and iot integration, autonomous and semi-autonomous
loaders, remote operation and control systems.
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Scope Of Loader Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Loader Market Overview
Market Drivers -
The rising concept of green building is expected to drive the growth of the
loader market during the forecasting period. The green building refers to a
building that requires less energy, water, and other resources that possibly
impact the environment by protecting natural resources and improving the
quality of life. Green building construction requires loaders to lift and move
materials, enabling speedy construction. For instance, in June 2021, according
to a USA-based building design and construction media and technology design
platform company, 40% of all energy is consumed worldwide, and it is predicted
that by 2030, emissions from commercial buildings will increase by 1.8%. There
were 124,200 LEED-certified buildings in the USA. These LEED-certified
buildings emit little carbon and save energy. Therefore, the rising green
building concept is anticipated to bolster loader market growth in the upcoming
years.
Market Trends -
Product innovations are a key trend gaining popularity in the loader market.
Major market players operating in the loader market are concentrating their
efforts on creating innovative products to reduce carbon emissions and fuel
consumption. For instance, in November 2021, Greenland Technologies Holding
Corporation, a US-based company specializing in the development and
manufacturing of electrical industrial vehicles, launched the GEL-1800 electric
loader. This electric loader is able to reduce operating emissions and
environmental pollution by reducing the use of fuel. An eco-friendly 141 KWh
lithium battery powers Greenland's new GEL-1800 Electric Loader. The GEL-1800
promises a quick two-hour charge and nine hours of use per charge. With its
clean and sustainable power, zero operational emissions, 60% reduced operating
noise, and lower maintenance costs as compared to diesel internal combustion
vehicles, the GEL-1800 addresses some of the most pressing concerns facing
contemporary site managers.
The loader market covered in this report is segmented –
1) By Product Type: Backhoe, Skid Steer, Crawler, Wheeled
2) By Engine Type: Upto 250 HP, 250-500
HP, More than 500 HP
3) By Payload Capacity: 3-5 Tons, 6-10 Tons, 11-15 Tons, 15 Tons and Above
4) By Application: Mining, Construction, Waste Management, Other Applications
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Regional Insights -
Asia-Pacific was the largest region in the loader market in 2023. The regions
covered in the loader market report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the loader market report are Terex Corporation,
Kobelco Construction Machinery Company Limited, Palfinger AG, Bauer AG, Sany
Heavy Industry Co. Ltd., Zoomlion Heavy Industries Science and Technology
Company Limited, Manitowoc Company Inc, Manitex Inc., Liebherr Group, Kato
Works Company Limited, Tadano Limited, Xuzhou Construction Machinery Group Co.
Ltd., Sumitomo Heavy Industries Limited, Cargotec Corporation, LiuGong
Machinery Company Limited, Caterpillar Inc., Komatsu Ltd., Volvo Construction
Equipment, Hitachi Construction Machinery Co. Ltd., Doosan Infracore Co. Ltd.,
JCB Corporation, CNH Industrial N.V., Hyundai Heavy Industries Co. Ltd., Wacker
Neuson SE, Kawasaki Heavy Industries Ltd., Bobcat Company, Yanmar Co. Ltd., Kubota
Corporation, Atlas Copco AB, Bell Equipment Co. SA, Deere & Company,
Hidromek Inc., Takeuchi Manufacturing Co. Ltd., Mecalac Group, Gehl Company,
Mustang Manufacturing Company Inc.
Table of Contents
1. Executive Summary
2. Loader Market Report Structure
3. Loader Market Trends And Strategies
4. Loader Market – Macro Economic Scenario
5. Loader Market Size And Growth
…..
27. Loader Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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