Volvo CE recently engaged David Zach and Glen Hiemstra, known for their work with dozens of innovative fortune 500 companies, to provide expert forecasts on where the industrial industries may be headed.
According to data specialist Off-Highway Research, the global market for wheeled loaders reached almost 200,000 unit sales last year. Though these machines may move the Earth, the pace at which they are evolving is moving at different speeds around the world, as different markets have distinct requirements.
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.
VOLVO Construction Equipment say they have launched the ‘industry’s most versatile multi-use demolition excavator’. Based on the company’s EC750E general-purpose excavator, the new EC750E HR has been reengineered for high-reach deconstruction work in the Stage IV/Tier 4 Final-regulated markets of Europe and North America.
Earthmoving equipment is a staple of the construction industry, with a whole host of different machinery being used on earthmoving projects. This feature focuses specifically on excavators, rollers, backhoe loaders and the machine control used on these machines.
The world’s biggest original equipment manufacturer for the construction industry by sales revenue, Caterpillar, has recently launched two new 30 ton (27.2 tonne) next generation excavators – the 330 and 330 GC.
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.
The market for wheeled loaders in 15 of the largest western European countries came to a shade under 20,000 machines last year, according to specialist consultant and forecasting company Off-Highway Research.