BACKHOE LOADERS MARKET ANALYSIS

Backhoe Loaders Market, by Model Type (Center Mount, Sideshift), by End-use (Construction and Mining, Utility, Agriculture and Forestry, and Others), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Backhoe loaders are heavy equipment that comprises a tractor-resembling unit equipped with loader-like bucket/shovel on the front, and a small backhoe on the back. It is also known as a “loader backhoe”, “digger” in layman's terms, or just “backhoe”. Backhoe loaders are commonly used in urban engineering and small construction projects, such as building a small house, fixing urban roads etc., owing to their relatively small size and versatility properties. These types of machines are similar to Tractor-Loader-Backhoe (TLB), which is an agricultural tractor that is fitted with a front loader and rear backhoe attachment. Backhoe loaders can be used for a wide variety of tasks such as digging holes/excavation, breaking asphalt, construction, landscaping, small demolitions, light transportation of building materials, powering building equipment and paving the road.

Market Dynamics

The increasing use of telematics in compact and small construction equipment and significant growth in the construction industry may act as a major driver of the global backhoe loader market. Other factors such as versatility of backhoe loaders, increasing road construction activities, rapid population expansion and rise in gross household disposable incomes and growing number of power projects in developing countries such as China, India etc. are the major factors which are expected to further augment the growth of global backhoe loader market during forecast period. For instance, according to Coherent Market Insight’s analysis, as of November 2019, China's population stands at 1.435 billion, the largest of any country in the world.

Owing to the increasing focus on enhancing the productivity of infrastructure and construction activities, there has been an increase in the adoption of bucket loaders and excavators in the construction industry. In addition to this, trenching, grading, dozing and loading are some of the activities performed during natural gas pipeline construction activity with the help of backhoe loaders, which makes it the perfect construction equipment for natural gas pipeline projects. Furthermore, an increasing demand for solar power and wind power installations, as well as the growing demand for gas-run or conventional steel power plants are the other major driving factors for the global backhoe loader market over the forecast period. However, high prices of backhoe loaders may hinder the growth of the global backhoe loader market over the forecast period.

Market Taxonomy

This report segments the global backhoe loaders market on the basis of model type, end use, and region. On the basis of model type, the global backhoe loaders market is segmented into center mount and sideshift. On the basis of end use, the market is segmented into construction and mining, utility, agriculture and forestry and others and on the basis of region, the global backhoe loaders market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa.

Key features of the study:

This report provides an in-depth analysis of the global backhoe loaders market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global backhoe loaders market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global backhoe loaders market includes, Caterpillar, Inc., Deere & Company, Komatsu Ltd., Mahindra Construction Equipment, Volvo Construction Equipment, J C Bamford Excavators Ltd., Terex Corporation, CNH Industrial NV, Manitou Group, Action Construction Equipment Ltd., and Hitachi Construction Machinery Co., Ltd. among others.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global backhoe loaders market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global backhoe loaders market

Detailed Segmentation:

Global Backhoe Loaders Market, By Model Type:

Center Mount
Sideshift

Global Backhoe Loaders Market, By End Use:

Construction And Mining
Utility
Agriculture And Forestry
Others

Company Profiles

Caterpillar, Inc. *

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

Deere & Company
Komatsu Ltd.
Mahindra Construction Equipment
Volvo Construction Equipment
J C Bamford Excavators Ltd.
Terex Corporation
CNH Industrial NV
Manitou Group
Action Construction Equipment Ltd.
Hitachi Construction Machinery Co., Ltd.

*Browse all the market data tables and figures on “Global Backhoe Loaders Market - Forecast to 2027”

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