Wheel loader market in India almost crashed to 1/3rd of the
peak volume of sales it witnessed in 2010-11. The slowdown in economic activity
across construction, mining, cement, trade, led to slowdown in demand for wheel
loader. However, the demand prospect is looking good as sales have started
showing signs of recovery and the industry is expected to bounce back to its
peak volume of 2400 whereabouts and due to momentum there are prospects of
industry volumes doubling from the levels it saw in 2010-11.
Demand for wheel loader predominantly depend on business
activity in coal & non coal mining, power utilities, cement plants, quarry
owners, RMC etc. The wheel loaders manufactured in India find tremendous use in
port stevedoring industry to remove and load iron ore or other bulk cargo, the
construction industry for loading aggregates, mining for moving overburden or
aggregates etc.
The fundamentals are looking very bright for the wheel
loader segment as all the end user industry has plans to nearly double the
throughput, for instance, ports handling capacity is slated to exceed 3000 MTPA
as against current 1700 MTPA, coal output is projected to touch 1 billion
tonnes as against current 600 Mn tonnes, cement industry is expected to see 600
million tonnes of output compared to 290 million tonnes as on 2015-16. Seeing
this renewed momentum driven by public spending in all the sectors that use
wheel loaders for loading application, one can only say that “Ache Din” for Wheel
loader industry is surely round the corner.
Publisher research report “Evaluating the Demand Outlook for
Wheel Loader Market in India by 2020” aims to put all the projected development
into perspective by factoring different risks scenario to quantify the expected
demand for wheel loaders by 2020. Report will not only provide current market
size and share details but will also provide year wise forecast till 2020.
Unlike the CAGR way of projection, Publisher will use time series driven
analysis for various variables that influence growth of wheel loaders market in
India.
Spanning over 53 pages “Evaluating the Demand
Outlook for Wheel Loader Market in India by 2025” report covers Executive
Summary, Research Methodology, Construction Equipment Market Landscape, Factors
that drive demand for C&E equipment in India, Wheel Loader Market Landscape
in India, Wheel Loader Market Size & Share 2015-16, Usage norm for Wheel
loader across different industries, Key future growth drivers, Benchmarking / Comparison
of Wheel loaders of different OEMs, Competitive Analysis of OEMs in India
market Wheel Loader Market Size & Share Projections 2019-20, Company
Profiles.
For
more information Visit at: http://mrr.cm/UNs
Find all Energy and Utilities Reports at: http://www.marketresearchreports.com/energy-utilities
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