Wheel loader sales drive SDLG growth in the Philippines
As the Philippines construction industry is expected to grow by 12.5 per cent in real terms in 2017 and a further 11.7 per cent in 2018 on the back of the government?s infrastructure development plans, SDLG sees an opportunity to cement its market leadership position in the Philippines, where its cost-effective wheel loaders and motor graders are in popular demand.
In 2016, over a third of all wheel loaders and almost half of all motor graders sold in the Philippines were SDLG-made, according to a leading market research firm serving the industrial sector. These figures saw SDLG lead sales of both types of machines in the Philippines. In terms of absolute units sold, wheel loaders made up a significantly larger market, with the company?s two most popular models being the 3 t-rated SDLG LG936L and the 5 t-rated SDLG L956F. Together, they accounted for more than 90 per cent of SDLG?s wheel loader sales in the country last year.
?Road projects and general construction are the fastest-growing sectors in the Philippines, so small and mid-sized machines, such as the LG936L and the L956F, are what customers are looking for,? said Anthony Neo, SDLG Director for Sales Support.
In 2016, over a third of all wheel loaders and almost half of all motor graders sold in the Philippines were SDLG-made, according to a leading market research firm serving the industrial sector. These figures saw SDLG lead sales of both types of machines in the Philippines. In terms of absolute units sold, wheel loaders made up a significantly larger market, with the company?s two most popular models being the 3 t-rated SDLG LG936L and the 5 t-rated SDLG L956F. Together, they accounted for more than 90 per cent of SDLG?s wheel loader sales in the country last year.
?Road projects and general construction are the fastest-growing sectors in the Philippines, so small and mid-sized machines, such as the LG936L and the L956F, are what customers are looking for,? said Anthony Neo, SDLG Director for Sales Support.