Press release
Backhoes Market to reach USD 8.75 Bn by 2027, Technological Advancements and Growth Opportunities
Backhoes Market
Backhoes Market Report Scope and Research Methodology
The Global Backhoes market report is a comprehensive analysis of the industry, market, and key players. The report covers the market by demand and supply-side by segments. The Global Backhoes report also provides trends by market segments, technology, and investment with a competitive landscape.
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The research methodology used in the report involved primary and secondary research, expert validation, and a robust database.
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Backhoes Market Dynamics
The report finds that the increasing need for transportation of large quantities of materials and an increasing range of earthworks projects are the key factors driving the backhoes market growth. The report also notes the high maintenance cost of the backhoes as a key restraining factor in the market.
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The report also finds that the shifting focus of governments on infrastructure development of their respective regions and rising technological adoption by prominent players in the backhoes market to cope up with a wide range of excavation demands across the globe are the factors attributing growth in the market. Moreover, increasing mining sector across the globe and thereby increasing demand for material handling equipment is the key supporting factor considered to drive the backhoes market growth during the forecast period.
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Backhoes Market Regional Insights
The report provides insights into the regional analysis of the Global Backhoes Market, which includes North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is the largest market for backhoes, followed by Asia Pacific and Europe.
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Backhoes Market Segmentation
By Product:
• Side Shaft
• Center Pivot
By Engine Power:
• 80 HP
• 80-100 HP
• Above 100 HP
By Application:
• Agriculture
• Mining
• Construction
• Small demolitions
• Transportation
• Excavation
• Power equipment
By Attachments:
• Hammers
• Compactors
• Buckets with thumbs
• Rippers
• Snow pushers
• Others
By Distribution Channel:
• OEM
• Aftermarket
Backhoes Market Key Competitors include:
• Bobcat Company
• John Deere
• JCB
• Caterpillar
• Action Construction Equipment Ltd.
• Doosan Corporation
• Escorts Ltd.
• Mahindra Construction Equipment Ltd.
• VOLVO Construction Equipment
• CNH Industrial America LLC
• Komatsu Europe International N.V.
• Kubota Corporation
• Hitachi Construction Machinery Co. Ltd.
• J C Bamford Excavators Ltd.
• CASE
• Hyundai
Table of Content for Backhoes Market
Global Backhoes Market: Research Methodology
Global Backhoes Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Backhoes Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Backhoes Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Attachments (2021-2029)
Global Market, by Distribution Channel (2021-2029)
Regional Backhoes Market (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Engine Power (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Attachments (2021-2029)
Regional Market, by Distribution Channel (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product, Engine Power, Application, Attachments and Distribution Channel
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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