DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vqlk49/wheeled_loaders) has announced the addition of the "Wheeled Loaders Market in Europe 2015-2019" report to their offering.
The wheeled loaders market in Europe to grow at a CAGR of 5.55% over the period 2014-2019.
This report covers the present scenario and the growth prospects of the wheeled loaders market in Europe for the period 2015-2019. To calculate the market size, the report considers the consumption of wheeled loaders in Europe. It does not consider the sale of used equipment nor revenue generated from contracts and maintenance. It focuses on the sale of wheeled loaders over the past few years and the condition of the global construction industry as a whole. The performance of the wheeled loaders market is analyzed with the help of the predicted CAGR after analysis of the present condition of the market. In addition, it discusses the major drivers that influence market growth, the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Though many organizations across industries prefer using the latest equipment to improve their productivity, some SMEs find it difficult to buy such equipment because of the high costs involved. Increasing competition among vendors is also forcing vendors to differentiate their offerings by providing innovative value-added services. Therefore, construction equipment vendors offer road rollers and other road laying equipment on a rental basis. This allows cost-driven organizations to opt for the latest construction equipment at minimal cost.
According to the report, the construction sector in Europe took a hit post the global economic crash of 2008. The market became sluggish and the demand for equipment dropped drastically. However, the market is recovering at a slow but steady pace after almost half a decade. Increasing urbanization has resulted in high demand for wheel loaders and other construction equipment. Its efficacy and efficiency makes it a popular choice in the construction market.
Further, the report states that the high initial investment is a major concern for the market.
Other Prominent Vendors
- Doosan Group
- Hitachi Construction Machinery
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Industry Overview
- Market Landscape
- Market Segmentation by Horsepower
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/vqlk49/wheeled_loaders