Opportunities in Backhoe Loaders Market: Global Industry Projected to Reach US$ 3,557.1 Mn Revenue, Reviewed till 2026

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According to the new report by Fact.MR, the global market for backhoe loaders is likely to see steady growth. The market is projected to grow at a CAGR of 5.2%, in terms of volume between 2017 and 2026.

Rockville, US, 2018-Apr-23 — /EPR Network/ — The global market discussion on backhoe loaders industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled Backhoe Loaders Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on backhoe loaders market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Center Pivot to Emerge as the Top-Selling Backhoe Loaders Product

Compared to the sideshift backhoe loaders, center pivot backhoe loaders are likely to be the top-selling product between 2017 and 2026. Center pivot backhoe loaders are projected to surpass US$ 3,000 million revenue by 2026 end. Center pivot backhoes are mounted at the center of the rear portion of machine’s frame. Center pivot backhoes are used on a large scale in North America. While side shift backhoes has become standard in Europe.

Backhoe Loaders with 80-100 Horsepower of Engine to Gain Maximum Traction

Backhoe loaders with 80-100 horsepower engine are likely to gain maximum traction throughout the forecast period. It is projected that more than 66,000 units of backhoe loaders with 80-100 horsepower engine will be sold towards 2026 end. The demand for backhoe loaders with maximum horsepower is increasing as it offers better performance, fast response time and higher fuel saving.

Backhoe Loaders Providing Maximum Digging Depth of 10-15 Feet to Witness Fastest Growth

Backhoe loaders with the maximum digging depth of 10-15 feet are likely to witness the fastest growth between 2017 and 2026. Towards 2026 end, backhoe loaders providing digging depth of 10-15 feet are projected to surpass US$ 1,700 million revenue. Backhoe loaders with the ability to dig 10-15 foot deep are being used largely in water line and electrical line installation. Most of the contractors in the construction sector are using compact backhoes as they weigh less and allow contractors to use various attachments making it easy to operate.

Backhoe Loaders to Find Largest Application in the Construction Industry

Compared to the various industries, backhoe loaders are likely to find the largest application in the construction industry. The construction industry is projected to surpass US$ 1,900 million revenue by 2026 end. Considerable growth in the construction sector in the recent years is driving the demand for backhoe loaders. Moreover, manufacturers of backhoe loaders are also introducing technically advanced and compact backhoe loaders to carry the operation easily.

Competition Tracking

Key market participants identified by Fact.MR’s report include Hydrema, Hitachi, Ltd., Fiat, Escorts Group, Bharat Earth Movers Limited, Bell Equipment Limited, YANMAR CO., LTD., Volvo Construction Equipment, TerraQuip Construction Products, Inc., Kubota, Komatsu Limited, Doosan Corporation, Mecalac, Mahindra Construction Equipment, Deere & Co, LiuGong Construction Machinery, LLC, CNH Industrial America LLC, Terex Corporation, Caterpillar Inc., and JCB,Inc.

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Table of Contents:

  1. Global Economic Outlook
    1.1 Manufacturing Sector Outlook
  2. Global Backhoe Loaders Market – Executive Summary
    2.1 Opportunity Analysis
  3. Global Backhoe Loaders Market Overview
    3.1. Introduction
    3.1.1. Global Backhoe Loaders Market Taxonomy
    3.1.2. Global Backhoe Loaders Market Definition
    3.2. Global Backhoe Loaders Market Size Value(US$ Mn) & Volume(Tonnes) and Forecast, 2012-2026
    3.2.1. Global Backhoe Loaders Market Y-o-Y Growth
    3.3. Global Backhoe Loaders Market Dynamics
    3.4. Supply Chain
    3.5. Cost Structure
    3.6. Pricing Analysis
    3.7. Construction Industry Outlook
    3.8. Worldwide Infrastructure Spending
    3.9. Key Participants Market Presence (Intensity Map) By Region
  4. Global Backhoe Loaders Market Analysis and Forecast 2012-2026 
    4.1. Global Backhoe Loaders Market Size and Forecast By Product Type , 2012-2026
    4.1.1. Center Pivot Market Size and Forecast, 2012-2026
    4.1.1.1. Revenue Value(US$ Mn) & Volume(Tonnes) Comparison, By Region
    4.1.1.2. Market Share Comparison, By Region

Continued……..

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