Global Backhoe Loaders Market: Industry Outlook and Development Analysis Reveals Forecast for the Period 2017-2026

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Dublin 2, Ireland, 2018-Jun-20 — /EPR Network/ — As per the latest market research report by Fact.MR, the global backhoe loaders market is expected to witness steady growth. In terms of value during 2017-2026, the market is estimated to register 5.4% CAGR. In terms of volume, 146,518 units of backhoe loaders are estimated to be sold by the end of 2026. Following are the insights on how the global backhoe loaders market will perform in the coming years.

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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.

4 Forecast Highlights on Global Backhoe Loaders Market

1. Asia Pacific Excluding Japan (APEJ) is expected to witness the highest growth in terms of both value and volume. APEJ is estimated to bring in nearly US$ 1,600 million revenue by the end of 2026. Significant growth in construction of dams and canals and increasing number of power projects in China and India are contributing towards the growth of backhoe loaders market in APEJ.

2. North America followed by Europe are also expected to witness growth in the coming years. Substantial growth in infrastructure in countries like the U.S., Canada, Germany, France, and Italy are driving the demand for backhoe loaders in both the regions.

3. Center pivot is expected to be the most preferred product in the global backhoe loaders market. By the end of 2026, center pivot is estimated to bring in more than US$ 3,000 million revenue.

4. 80-100 HP engine is expected to witness the highest growth in the market during the forecast period. 80-100 HP engine is estimated to exceed US$ 1,600 million revenue by 2026 end.

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.

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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.

Table of Content:

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

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
4.1.1.3. Y-o-Y growth Comparison, By Region

Continued….

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