The European wheeled loader market is relatively buoyant, according to specialist market research and forecasting company Off-Highway Research, with sales of machines over 60kW currently running at just above 10,000 units per year in Western Europe – the best demand has been since the global financial crisis a decade ago.
This puts the value of the market at some US$2.15 billion (€1.9 billion).
Within Europe, the major markets are largely what one would expect – Germany accounts for some 25% of demand and, together with France, Italy and the UK, these big four represent about 60% of regional sales. Continue reading “Wheeled loaders: A healthy load”
Volvo Construction Equipment (Volvo CE) has revealed that, by mid-2020, it will begin to launch a range of electric compact excavators (EC15 to EC27) and wheeled loaders (L20 to L28) and stop new diesel engine-based development of these models.
The company said that the move was being made following a positive reaction from the market after the successful unveiling of a number of concept machines in recent years, and by working closely with customers.
Original equipment manufacturer John Deere has launched three new L-Series utility wheeled loaders, the 524L, 544L and 624L.
The L-Series machines are said to incorporate several new features, including improved cabs, electrohydraulic (EH) loader controls for easier operation and redesigned near-parallel linkage, and enhanced performance buckets. Continue reading “New wheeled loaders from John Deere”
Volvo Construction Equipment (Volvo CE) has unveiled its latest concept machine – known as the LX2 – at the Volvo Group Innovation Summit in Berlin, Germany.
The electric compact wheel loader prototype is said to deliver zero emissions, significantly lower noise levels, improved efficiency and reduced operational costs, compared to its conventional counterparts.
Global sales of wheeled loaders in 2018 are expected to reach more than 170,000 units for the first time in five years, according to a new report from specialist consultant and market forecaster Off-Highway Research.
Demand last year reached163,139 units, a 33% rise on 2016, and these machines had a retail value of US$14.8 billion (€12.73 billion).