We pride ourselves on integrating cutting-edge technologies into our wheel loaders to enhance efficiency, productivity, and sustainability.
Sharwan Agnihotri
Head - Mining & International Business, HD Hyundai Construction Equipment (India)
What are your observations regarding the market and current trends in the wheel loader market?
The wheel loader market has demonstrated decent growth in recent years, primarily fueled by robust demand in the quarrying and mining sectors. These machines are highly valued for their versatility, reliability, and heavy-duty capabilities, making them essential in these challenging environments. The market has expanded at an impressive compound annual growth rate (CAGR) of approximately 12%, with sales rising from 2,500 units in 2020 to nearly 4,000 units in 2023. It is projected that sales will remain in the range between 3,000 and 4,000 units annually over the next 2-3 years.
Dominance in the market is held by the 3T and 5T categories, accounting for 90% of total sales, with 3T models being particularly popular, making up 67% of sales. The preference for 3T wheel loaders is likely due to their adaptability to multiple industries from quarry to mining operations.
The primary demand for wheel loaders comes from the quarry and mining sectors, which together account for 78% of the production output ~43% for quarry operations and ~35% for mining. Additionally, wheel loaders find utility in Roads & Construction (10%), Ports (10%), and Industry (2%), albeit to a lesser extent, for similar tasks.
What models of wheel loaders does your company manufacture?
HD Hyundai takes pride in presenting its top-of-the-line wheel loaders, the HL930I (3T) and HL950I (5T). These models are designed to offer unmatched performance and versatility with a strong emphasis on operator comfort and safety. Equipped with cutting-edge solutions, they deliver powerful performance across a wide range of applications, setting new benchmarks in the construction equipment industry. Combining power with compactness, the HL930I (3T) and HL950I (5T) wheel loaders are well-suited for a wide range of industrial applications. Both models are equipped with three working modes (L/M/H), which allow them to seamlessly adjust to different operational requirements with ease. HL930I & HL950I stands out for its maneuverability in narrow spaces due to its compact design. Hyundai Wheel loaders features a high-performance, electronically controlled diesel engine compliant with BS IV standards, incorporating a Weichai electronic engine known for its low noise levels and superior combustion. Both wheel loaders feature fast and responsive hydraulics for efficient operation. Prioritizing operator comfort and safety, each is outfitted with a spacious cabin, rear view cameras, and side mirrors on both sides.
What are the key specifications of your wheel loaders in terms of load capacity, engine power, bucket size?
HD Hyundai continues to set industry benchmarks with its advanced wheel loader models, engineered to meet the rigorous demands of heavy-duty operations while providing superior performance and utility. The HL930I features a 130 HP Weichai electronic engine with an operating weight of 10,600 kg, and a bucket capacity range of 1.7 to 3.0 cubic meters, making it ideal for general infrastructure and quarry applications.
The HL950I boasts a more powerful 227 HP engine and an increased bucket capacity ranging from 2.7 to 5.0 cubic meters, catering to the heavy-duty demands of mining environments. Both models offer best-in-class fuel efficiency and operator comfort, attributed to state-of-the-art engine technology optimizing fuel injection and reducing emissions.
In conclusion, HD Hyundai’s HL930I and HL950I wheel loaders are setting the benchmark for advanced heavy-duty wheel loaders. Designed to deliver superior performance and productivity, these loaders are equipped with customizable features and advanced electronic control systems to meet the diverse needs of construction and mining operations efficiently and effectively.
What safety features does the wheel loader include (e.g., ROPS, FOPS)?
In the construction industry, safety is of utmost importance, and at HD Hyundai, we recognize this critical aspect. Our priority is the well-being of our operators and those around them. This commitment drives us to equip our wheel loaders with advanced safety features.
Our loaders come with ROPS and FOPS cabins, crucial safeguards designed to prevent accidents caused by rollovers or falling objects. Additionally, we’ve added a Cabin Front Guard for extra protection against external object impacts.
In emergencies, operators can quickly access a Battery Cut-Off Switch, reducing the risk of electrical hazards during maintenance. We’ve also incorporated a Rear View Camera to enhance visibility and aid safe navigation.
Furthermore, we’ve implemented a beacon lamp to serve as a clear warning for both workers and the general public, signaling ongoing work and potential hazards. These lamps are accompanied by guards that protect vital lighting components. Additionally, an articulation lock has been integrated to secure the loader during maintenance procedures. To facilitate safe entry and exit, steps and handrails have been installed, while large external mirrors have been added to optimize visibility.
By including these safety features in our wheel loaders, HD Hyundai ensures a secure and productive working environment for operators and their teams in the construction industry.
How extensive is your after-sales support network, including spare parts availability and technical assistance?
At HD Hyundai, we strive to provide our customers with exceptional after-sales support. Our extensive network of fully equipped 200+ touch points across India offers timely and diligent service to customers, regardless of machine location. Our customer care team is available 24x7x365 to provide assistance with inquiries, concerns, or warranty-related issues through our Customer First App and our call center. To further strengthen our service capabilities, we have a well-trained team of service engineers across the country who are equipped to provide technical assistance and support.
At HD Hyundai, we believe that reliable after-sales support is vital to building trust and long-lasting relationships with our customers. Thus, we support customers in maintaining their machines and help them refurbish the same after a certain number of years of usage through our first-in-the-industry XL workshop in Chakan, Pune.