Backhoe Loader Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-228 | Report Format : | Status : Upcoming |

Abstract

A backhoe loader is a heavy equipment vehicle that comprises a tractor-like unit fitted with a shovel or bucket 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”—shortened form used within the industry. Backhoe loaders are commonly used in urban engineering and small construction projects, such as building a small house, fixing urban roads, and so on, in developing countries 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 construction, light transportation of building materials, small demolitions, powering building equipment, landscaping, digging holes/excavation, breaking asphalt, and paving the road.

Recently, considerable growth in the construction industry may act as a major driver of the global backhoe loader market. Owing to this growth in the construction industry, a huge demand for backhoe loaders is experienced for the purpose of performing various tasks. In addition, other factors such as versatility of backhoe loaders, increasing road construction activities, and growing number of power projects in developing countries such as India have also boosted the growth of the global backhoe loader market. Rising preference for center-mounted backhoe loaders is the new trend of this market. On the other hand, high prices of backhoe loaders may hamper the growth of the global backhoe loader market.

On the basis of application, the global backhoe loader market is segmented as the industrial sector, agricultural sector, civic bodies, and construction industry. Geographically, the global market is further segmented as Asia Pacific, North America, Europe, and Rest of the World (RoW).

Asia Pacific dominates the global backhoe loader market. This trend is followed by North America and Europe. Asia Pacific is anticipated to be the largest and fastest growing market for backhoe loader. Owing to the recent technological developments, substantial growth in the construction of dams and canals, significant growth in the construction industry, and increasing a number of power projects, India and China prove to be the biggest markets for backhoe loader. The U.S. represents the largest market for backhoe loaders, which is followed by Canada, in North America. In addition, due to significant infrastructure development in Europe, France, Germany, Italy, and the U.K. hold major shares in the backhoe loader market.

Some of the major companies dominating the global backhoe loader market are J.C. Bamford Excavators Limited, Komatsu Limited, AB Volvo, Caterpillar, Inc., and Liebherr Group. Other key players influencing the global market are Hitachi Construction Machinery Co., Ltd., Deere & Company, CNH Global NV, and Mahindra & Mahindra, Ltd.

Backhoe Loader Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Carbon Brush Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1747 | Report Format:

Global Carbon Brush Market: Overview For certain types of generators or electric motors to function, the coils of the rotor must be connected in such manner that they complete an electrical circuit and the current can be transferred throughout the device. In order to transfer current from a stat...Read More

Galvanic Isolation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1737 | Report Format:

Global Galvanic Isolation Market: Overview The galvanic isolation is a technique that is used for the designing of a solution that helps in isolating the sections of the electrical systems that are functional; this, in turn, helps in eliminating the electric current that is stray. Optical transf...Read More

Linear Slides Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1724 | Report Format:

Global Linear Slides Market: Overview Linear slides are designed to provide motion that is free in a single direction and is also known as linear motion bearings. The linear motion is dependent on the bearings such as linear roller bearing, ball bearing, dovetail bearing or fluid, or magnetic be...Read More

Fire Pump Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1677 | Report Format:

Global Fire Pump Market: Overview A fire pump is a part of the water supply of the fire sprinkler systems. It is run by using diesel, electricity, or steam. It is generally connected with any water source that is static such as reservoir, tank and lake, or with the public underground water suppl...Read More

Digital Logistics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1667 | Report Format:

Global Digital Logistics Market: Overview Logistics play a vital role in the supply chain management and helps in proficiently handling any business. Logistics is the process of management of things from point of origin to point of consumption of the customers. Changing dynamics and industrial d...Read More

Choose License Type: