Middle East & Africa Loader Market Size & Outlook
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MEA loader market highlights
- The MEA loader market generated a revenue of USD 3,226.5 million in 2023.
- The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, wheeled loaders was the largest revenue generating type in 2023.
- Backhoe Loaders is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 3,226.5 million |
| Market revenue in 2030 | USD 4,508.1 million |
| Growth rate | 4.9% (CAGR from 2024 to 2030) |
| Largest segment | Wheeled loaders |
| Fastest growing segment | Backhoe Loaders |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Backhoe Loaders, Skid Steer Loaders, Crawler/Track Loaders, Wheeled Loaders |
| Key market players worldwide | Caterpillar Inc, CNH Industrial NV, Doosan Bobcat, Hitachi Construction Machinery Co Ltd, HD Hyundai Construction Equipment, Kobelco Construction Machinery, Komatsu Ltd, Liebherr Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.0% of the global loader market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,100.9 million by 2030.
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Loader Market Scope
Loader Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kobelco Construction Machinery | View profile | 1001-5000 | Higashi-shinagawa, Tokyo, Japan, Asia | https://www.kobelco-kenki.co.jp/ |
| HD Hyundai Construction Equipment | View profile | 1001-5000 | Pune, Maharashtra, India, Asia | https://in.hd-hyundaice.com |
| Doosan Bobcat | View profile | 51-100 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.doosanbobcat.com/ |
| Liebherr Group | View profile | 10001+ | Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe | http://www.liebherr.com |
| CNH Industrial NV | View profile | 40496 | Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3AD | https://www.cnhindustrial.com |
| Hitachi Construction Machinery Co Ltd | View profile | 27697 | 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, Japan, 110-0015 | https://www.hitachicm.com |
| Komatsu Ltd | View profile | 70608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | https://www.komatsu.jp |
| Caterpillar Inc | View profile | 121173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | https://www.caterpillar.com |
Middle East & Africa loader market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to loader market will help companies and investors design strategic landscapes.
Wheeled loaders was the largest segment with a revenue share of 64.64% in 2023. Horizon Databook has segmented the Middle East & Africa loader market based on backhoe loaders, skid steer loaders, crawler/track loaders, wheeled loaders covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of loader market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa loader market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa loader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA loader market size, by country, 2018-2030 (US$M)
Middle East & Africa Loader Market Outlook Share, 2023 & 2030 (US$M)
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