Backhoe Loaders Market by 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 - Gl
Meanwhile, compact tractor loader backhoes are also gaining popularity when operator needs to perform both loading and digging task. Also, compact tractor loader backhoe can move material much faster over a distance compared to excavator. Automation features are also being integrated into tractor loader backhoes for easy control and to increase productivity. Next generation backhoe loaders with advanced telematics system to monitor and manage machine remotely are also being introduced by manufacturers.
Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=386
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.
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.
Browse Full Report @ https://www.factmr.com/media-release/386/backhoe-loaders-market
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.
Speak To Research Analyst for Detailed Insights @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=386
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.
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industrial News : https://theswisstimes.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Backhoe Loaders Market by 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 - Gl here
News-ID: 1664008 • Views: 169
More Releases from Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
More Releases for Backhoe
Global Backhoe Loader Industry Market Analysis & Forecast 2018-2023
The Global Backhoe Loader Industry Market inquire about report assesses the market development over major local fragments. The Global Backhoe Loader Industry Market Research surveying report covers the present situation and the development prospects of the worldwide Backhoe Loader Industry advertise for the year 2018 to 2023. The report is a particular and back to front examination on the present situation of the Backhoe Loader Industry showcase industry with the
Global Market for Backhoe Loaders: Competitive Landscape
Backhoe loaders are used in various industries such as construction, agriculture, mining, and in other infrastructure activities. Design of backhoe loaders facilitates several construction activities including landscaping, breaking asphalt, light transportation of building materials, powering building equipment, small demolitions, digging holes, excavation, and paving roads. Request For Report Sample@ https://www.persistencemarketresearch.com/samples/3791 With increased demand for productivity, next-gen backhoe loaders are being integrated with hydraulic systems in the engine, which provides faster operational movement
Backhoe Loaders Market to touch US$ 3,557.1 million By 2026
Backhoe loaders are heavy equipment that comprises a tractor-resembling unit equipped with loader-like bucket/shovel on the front, and backhoe on the back. Tractor Backhoe Loaders (TLB) are commonly employed in small construction projects and urban engineering. A backhoe loader facilitates deep-hole digging or trenching and is designed for moving a large quantity of materials. Currently, contractors prefer employing a TLB, now with growth in affordable service offerings of equipment rental companies, rather
Excavator Backhoe Market New Technology Expansions 2018 to 2025
This report presents the worldwide Excavator Backhoe market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The Excavator Backhoe market was valued at Million US$ in 2017 and is
Global Backhoe Loaders Market Business Progress Up to 2025
A detailed market study on "Global Backhoe Loaders Market" examines the performance of the Backhoe Loaders market. It encloses an in-depth Research of the Backhoe Loaders market state and the competitive landscape globally. This report analyzes the potential of Backhoe Loaders market in the present and the future prospects from various angles in detail. The Global Backhoe Loaders Market 2018 report includes Backhoe Loaders market Size, Revenue, market Share, Backhoe Loaders
Global Backhoe Excavators Market 2018 - Terex, Hitachi, CASE, Komatsu, Kubota
Apex Market Reports, recently published a detailed market research study focused on the “Backhoe Excavators Market” across the global, regional and country level. The report provides 360° analysis of “Backhoe Excavators Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Backhoe Excavators on