Europe Loader Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Europe Loader Market Growth

In May 2024, the European Union approved a law that requires most heavy-duty vehicles sold in the region to be emissions-free by 2040. This requires truck manufacturers to revise their net zero targets to achieve a 35% reduction in carbon emissions by 2030. By 2040, all new models of heavy-duty vehicles are expected to cut their carbon emissions by 90% from prevailing levels. The strengthening of legal standards about engine emission regulation to control the atmospheric levels of particulate matter and nitrogen oxides is also expected to have a positive impact on loader demand, thereby driving the market growth.

As per the International Council on Clean Transportation, Europe recorded nearly 11,000 sales of emissions-free heavy-duty vehicles in 2023. The demand for light and medium-duty electric trucks surged by 200% year-on-year in Europe in 2023. The sale of heavy-duty trucks (over 12 tons GVW) also grew substantially from 820 in 2022. The Volvo Group accounts for nearly 70% of overall truck sales in the region, with the sale of legacy diesel trucks reaching only half the levels of electric models. Electric trucks are expected to reach purchase power parity with their diesel counterparts before time, which is expected to drive market expansion over the forecast period.

Key Trends and Developments

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Europe Loader Market Trends

Technological advancements have driven significant improvements in loader transmission systems. For instance, Continuously Variable Transmission (CVT) has become widely accepted due to its lightweight nature. It facilitates the seamless acceleration of vehicles under operational conditions that enhance driving comfort and boost fuel efficiency by up to 25%. It also reduces carbon emissions, which makes it a more sustainable option as compared to other alternatives.

Europe Loader Industry Segmentation

Europe Loader Market Share

Based on country, the market is segmented into the United Kingdom, Germany, France, and Italy, among others. The United Kingdom dominated the market, representing 16% of the overall market share in 2023. Loaders play a crucial role in the construction, landscaping, and infrastructure sectors within the United Kingdom. Their applications include material handling, excavation, and loading activities in urban development, road construction, and utility projects, thereby improving operational efficiency and minimising both time and labour expenses.

Leading Companies in the Europe Loader Market

Major manufacturers are expected to design customisable loaders that can adapt to the varying needs of the operator and ensure continuous execution of work without resulting in excessive fatigue.

• Caterpillar Inc.
• Komatsu Ltd.
• AB Volvo
• Hitachi Construction Machinery Co., Ltd.
• Liebherr Group
• J C Bamford Excavators Ltd.
• HD Hyundai Co. Ltd.
• SANY Group
• XCMG Group
• Doosan Corporation
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.