Backhoe Loaders Market Share - Latest Market Reports

Latest industry analysis by Fact MR, predicts sales of Backhoe Loaders to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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The report offers actionable and valuable market insights of Backhoe Loaders. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Backhoe Loaders Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Backhoe Loaders market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Backhoe Loaders

This newly published and insightful report sheds light on Market Insights of Backhoe Loaders, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Backhoe Loaders Market.

Fact.MR recently published a market study on the global market for backhoe loaders. The study provides detailed assessment on key market dynamics, including drivers, trends, opportunities restraints, and detailed information about the backhoe loaders market structure. The market study presents exclusive information about how the market will grow during the forecast period of 2019-2026.

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Key Segments of the Backhoe Loaders Market

Fact.MR’s study on the backhoe loaders market offers information classified into five important segments: product type, engine power, maximum digging depth, application and region. This market report proposes comprehensive data and information about the important market changing aspects and evolution structures related with these categories.

Product Type	Center Pivot Sideshift
Engine Power	Under 80 HP 80-100 HP Over 100 HP
Maximum Digging Depth	Under 10 Feet 10-15 Feet Over 15 Feet
Application	Construction Agriculture Mining Other Applications
Region	North America Latin America Europe South Asia East Asia Oceania Middle Eastand Africa Caribbean

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6 Forecast Highlights on Global Backhoe Loaders Market

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.
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.
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.
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 the maximum digging depth of 10-15 feet are expected to gain traction in the market. Towards the end of 2026, backhoe loaders with digging depth of 10-15 feet are estimated to create an incremental opportunity of over US$ 600 million during 2017-2026.
The construction sector is expected to account for the largest use of backhoe loaders. By the end of 2026, construction sector is estimated to exceed US$ 1,900 million revenue.

The report has also profiled leading players in the global market for backhoe loaders, which will remain active through 2026. These include companies such as JCB,Inc., Caterpillar Inc., Terex Corporation, CNH Industrial America LLC, LiuGong Construction Machinery, LLC, Deere & Co, Mahindra Construction Equipment, Mecalac, Doosan Corporation, Komatsu Limited, Kubota, TerraQuip Construction Products, Inc., Volvo Construction Equipment, YANMAR CO., LTD., Bell Equipment Limited, Bharat Earth Movers Limited, Escorts Group, Fiat, Hitachi, Ltd., and Hydrema.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
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Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

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Companies in the Backhoe Loaders Market are increasing their efforts to safeguard the health of workers and employees, resulting in shutdown of production plants and trade activities due to the novel COVID-19 (Coronavirus). Learn how companies in the Backhoe Loaders Market are responding to emergency situations of its clients to maintain smooth flow of business activities. This and many more business strategies are enclosed in our reports that share information on alternate tactics to capitalize on rare opportunities owing the spread of Coronavirus.

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Global backhoe loaders market has witnessed considerable growth in the past few years in the residential and construction sector, owing to rapid population expansion and a significant rise in household disposable incomes in the developed as well as developing countries. The growth in the number of construction projects, is anticipated to have a high impact on the backhoe loaders market over forecast period. The report estimates that, as compared to 2019, the market will witness a 1.4X growth to reach a valuation of ~US$ 3.5 Bn by the end of 2026.

Further, agriculture sector is likely to emerge as an attractive end use segment in the global backhoe loaders market, and is expected to capture 22% of the overall absolute dollar opportunity created over the forecast period.

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In addition, factors such as significant mining activities, increasing energy requirements, and presence of leading backhoe loaders manufacturers will continue to support the backhoe loaders market especially in Asia Pacific excluding Japan, Europe, and North America, reveals Fact.MR.

Key Takeaways of Backhoe Loaders Market

Construction industry remains a major end-use sector for backhoe loaders owing to which it is foreseen to grow by a value CAGR of 4.7% across the forecast duration
Collectively, agriculture and mining industries account for ~42% of the overall value share in the global backhoe loaders market

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Under 80 HP backhoe loaders engines are estimated to account for ~32% in the overall absolute dollar opportunity created over the forecast period. However, 80 HP to 100 HP backhoe loader engines are projected to expand ~1.5 times by the end of the forecast period
Owing to multiple benefits such as higher efficiency, performance, and versatility, center pivot and sideshift backhoe loaders are expected to expand ~1.5 times by 2026 end
Collectively, Asia Pacific Excluding Japan and North America are estimated to hold 64% share in the overall value opportunity created in the global market
Asia Pacific Excluding Japan (APEJ) will remain the prominent region across the projection period, accounting for more than 47% share of the global market

Maneuverability & Fuel Efficiency remains Prime Focus for Key Backhoe Loader Manufacturers

The report reveals some of the prominent market players, including JCB, John Deere, Caterpillar Inc., CNH Industrial. Among others, prominent backhoe loaders are continuously focusing on launching new products in order to cater to the increasing demand from various end use verticals. For instance,

In July 2018, a joint venture between Tata Motors Limited (40 %) and Hitachi Construction Machinery Company launched the all new backhoe loaders, under the name TATA HITACHI SHINRAI
In October 2019, JCB launched ICXT compact backhoe loaders in North America that delivered the material handling and excavating capability of backhoe loaders with the maneuverability and transportability of compact track loaders
In December 2019, JCB India launched new ecoXpert backhoe loaders. EcoXpert 3DX backhoe loaders, comes with 12 per cent improved mileage capability

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com