RAISING THE BAR!

Rising urbanization and industrialization has greatly supported the construction activities to grow in the last couple of decades. This has raised the adoption of wheel loaders largely in the construction sector. Deployment of armored wheel loaders in military and defense areas has proved greatly proficient as a part of combat engineering missions under hostile territories. The armored wheel loaders are also used for building bridges and bases, removing road blocks, and other allied activities. Equipment Times looks at the current market, emerging opportunities, application trends, after-sales initiatives and long-term outlook for wheel loaders.

Wheel Loader is a type of wheeled tractor mounted with square bucket on the front, rear or sometimes at both the ends. The buckets attached are used to scoop up lose material from the ground which may include dirt, sand or gravel. Wheel loaders are primarily used to transfer stockpiled materials from one place to another.

They are also used to load materials into truck, clearing rubble, placing pipes, digging and other such activities. The front load bucket capacity is much greater than the backhoe loader bucket, as the backhoe loader bucket is majorly used as a digging equipment. The backhoe digging equipment can dig deeper than the machine’s wheel level.

Front loaders are also used to remove snow from parking areas, sidewalks and other areas in snow-prone regions. Unlike bulldozers, wheeled loaders are flexible enough to travel across any part of the roads or construction sites. Wheel loaders steering mechanism is maneuvered by articulate steering system which is hydraulically actuated. This system allows better control over the machine even under greater weight holding operations.

Major areas deploying wheel loaders comprise of construction zones, mining vicinities, defense lands and others. Rising urbanization and industrialization has greatly supported the construction activities to grow in the last couple of decades. This has raised the adoption of wheel loaders largely in the construction sector.

Deployment of armored wheel loaders in military and defense areas has proved greatly proficient as a part of combat engineering missions under hostile territories. The armored wheel loaders are also used for building bridges and bases, removing road blocks, and other allied activities.

This has posed a positive impact on wheel loaders market. Moreover, there are certain activities which can’t be carried out by large bulldozers due to their size, such tasks are easily carried out by wheel loaders owing to their flexibility.

Factors impacting market

According to Allied Market Research, Expansion of the construction industry, rise in agriculture sector, and surge in adoption of new technology across several regions drives the growth of the global compact wheel loaders market. Rise in rentals of wheel loaders equipment hinders the growth of the global compact wheel loaders market. Surge in industrialization and modernization provides lucrative opportunities for the global compact wheel loaders. 

Application sector

Wheel loaders find applications in various segments where the customers depending on the segments that they work in have different customization requirements. Based on which, companies have worked in the following areas like IoT, telematics, AI, machine learning, high travel speed in forward and reverse directions, automatic bucket levelling option, return to dig option, low cycle time, electronic joy stick for gear shifting, digital dashboard for easy inspection of vehicle operating parameters during night time, centralized system pressure monitoring ports, cruise control, operator cabin with good view of working environment, multi-way adjustable operator seat, air conditioned operator cabin along with ROPS and FOPS, steering limiter to protect when the operator over steers the vehicle, reverse alarm, operating light with adequate lumens to contribute to the safety of the equipment are the key developments and trends being witnessed in the wheel loader market.

Introduction of Pure Electric Loaders

Wheel loaders are commonly used in earthmoving projects such as roads, buildings, ports, and mines. Increase in air pollution and oil scarcity, traditional diesel-powered loaders have developed rapidly due to their low emissions, high energy consumption, and low operating efficiency. Electric-powered drive technology is an efficient energy-saving and emission reduction technology that is the best alternative for traditional loaders. Electric construction vehicles use high-efficiency motors as power units, which can significantly reduce energy consumption.  Loaders can be classified into three types of electric vehicles based on their energy sources, namely hybrid electric loaders, electric battery loaders, and fuel cell loaders.  Pure electric loaders are comprised of battery and fuel cell loaders. Most of the research is concentrated on hybrid chargers. The hybrid power system however continues to fucus on the engine as a power source, and the concerns of fuel consumption and polluting emissions have not been resolved. Pure electric technology has a wide range of energy sources, less pollution, low noise, and high efficiency; it is the first choice for energy conservation and emission reduction. The introduction of pure electric loaders is anticipated to experience growth, directly benefiting the global automotive industry growth.

Technological advancement

As the wheel loader is the stalwart of the construction site, equipment manufacturers know that technological advances are important in their customers’ buying decisions. Add in the stringent government regulations regarding carbon emissions and the result has been more efficient environmentally-friendly equipment. These efforts are key to increasing profits and occur through the design of components, the addition of maintenance improvements, or the integration of data insights.

One area for future innovations is the use of more hybrid technology. The integration of hybrid components for wheel loaders can positively impact the environment as well as improve fuel savings, reduced maintenance, lower repair/rebuild costs , and, in some instances, increased productivity. The goals for end-customers vary.

Manufacturers of the wheel loaders are employing cutting-edge technology to create better loaders that increase the lifting and moving of weights. Intelligent machine control is one of the most cutting-edge technologies for improving loader capabilities. Additionally, GPS-enabled intelligent machine control enables staff to operate from a distance, allowing for greater flexibility and control.

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