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Loaded with opportunities
The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.
$5.13 Bn Opportunity!
Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.
More options than ever
Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.
Pre-owned Equipment Market to Excel
The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.
Used Equipment Market to Flourish
The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.
Loads of Opportunities
With the construction activity picking up and mining operations reviving in India, new opportunities are knocking at the doors of the wheel loader market.
Steer it up
In spite of the vast opportunities available, skid-steer loaders are still looking for a level-playing field in the Indian market.
CLG818C BSIII to be Launched
LiuGong, a global leader in manufacturing a full line of extreme duty equipment, will launch CLG818C BSIII wheel loader in India. The CLG818C BSIII is equipped with Kirloskar 4R1040TC engine with rated power of 56kw. Ideally suited for the Indian market, the CLG818C BSIII meets India?s BSIII emission standard.