Published by mark itwired
Posted on September 24, 2021
4 min readLast updated: February 2, 2026
The compact wheel loaders market is set to reach $6 billion by 2030, driven by electric models and construction demand, despite COVID-19 challenges.
Compact wheel loaders are utilized in several industries to load materials from one place to another. They are majorly used in the construction industry, where they are a stepping-stone between skid steer and large wheel loaders. In addition, compact wheel loaders are used in the agriculture, industrial, and utility sectors. Increasing preference towards electric compact wheel loaders to attain zero carbon emission is propelling the growth of the compact wheel loaders market. According to a new research report published by Future Market Insights (FMI), the compact wheel loaders market is estimated to reach a valuation of US$ 6 Bn by 2030.
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“Realizing a gradual decline in worldwide demand, players are limiting the production of compact wheel loaders to avoid the overstocking of products. Market participants need to develop robust production strategies in order to reduce risks of opportunity loss to their companies.”
The compact wheel loaders market is consolidated, owing to the presence of a limited number of manufacturers across the globe. Caterpillar, Inc., Komatsu Ltd., Deere & Company, Doosan Corporation, and Volvo Construction Equipment are the leading players in the compact wheel loaders market. Top 5 players account for over 40% share in the global market. Introduction of technologically-advanced products while adhering to stricter environmental regulations is among the key strategies being adopted by prominent manufacturers, worldwide.
Governments across the globe are enacting stringent regulations in an effort to reduce carbon footprint. Electric compact wheel loaders curb carbon emissions by around 30% as compared to conventional construction equipment, given their advanced engine technology.
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The research report analyses the total sales of compact wheel loaders on the basis of volume (units) and value (US$ Mn), on the basis of product, application, and region. The market is projected on the basis of factors such as construction equipment sales forecasts, ongoing infrastructure projects, country-wise construction spending, and stringent government regulations. The scope of the research report includes the sales of compact wheel loaders in the area of Construction, agricultural & forestry, industrial, and utility applications. In our research, we have included around all types of compact wheel loaders, such as compact track loaders, skid steer loaders, backhoe loaders, and wheeled loaders.
The post Compact Wheel Loaders Market Latest Technology and Market Trends & Forecast 2020 – 2030 first appeared on Market Research Blog.
The article discusses the market trends and forecast for compact wheel loaders from 2020 to 2030.
The market is expected to grow significantly in regions like Latin America, Oceania, and South Asia due to construction activities.
COVID-19 has negatively impacted the market due to construction delays and interrupted fund flows.
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