Wheeled Loaders Market Analysis Spreads In 107 Pages with 148 Figures and Tables – Sector : Machinery & Equipment
[107 Pages Report with Detailed Analysis] Wheeled Loaders Market (Description) : A wheeled loader is heavy equipment that helps move asphalt, dirt, snow, logs, raw materials, construction and demolition debris, rocks, and sand during construction activities. It is also used to dump materials on dump trucks and conveyor belts. The bucket attached in front is customized and varies from 50 kW to 1,000 kW.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Wheeled Loaders estimated at USD million in the year 2022, is projected to reach a revised size of USD million by 2028, growing at a CAGR of % during the forecast period 2022-2028.
According to the report, one of the major drivers for this market is Stabilization of global crude oil prices. Owing to the weak global crude oil market during 2014 and 2016, the construction sector in oil producing countries came to a halt. The Middle East countries, such as Saudi Arabia, Kuwait, and Oman, experienced a downturn in the growth of the construction sector. With the overall global economy in a downslide during this period, the construction and mining sectors faced difficult times, resulting in various projects, including government projects, being temporarily put on hold.
SEGMENTATION ANALYSIS
Top Key players:
By Types
By Application
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