Press release
Global Backhoe Loaders Market Prospects and Estimations Forecasted during 2017-2026
Fact.MR
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According to the new report by Fact.MR, the global market for backhoe loaders is likely to see steady growth. The market is projected to grow at a CAGR of 5.2%, in terms of volume between 2017 and 2026. While, by 2026 end, the global market for backhoe loaders is projected to reach US$ 3,557.1 million revenue.
Backhoe Loaders to Find Largest Application in the Construction Industry
Compared to the various industries, backhoe loaders are likely to find the largest application in the construction industry. The construction industry is projected to surpass US$ 1,900 million revenue by 2026 end. Considerable growth in the construction sector in the recent years is driving the demand for backhoe loaders. Moreover, manufacturers of backhoe loaders are also introducing technically advanced and compact backhoe loaders to carry the operation easily.
Backhoe Loaders with 80-100 Horsepower of Engine to Gain Maximum Traction
Backhoe loaders with 80-100 horsepower engine are likely to gain maximum traction throughout the forecast period. It is projected that more than 66,000 units of backhoe loaders with 80-100 horsepower engine will be sold towards 2026 end. The demand for backhoe loaders with maximum horsepower is increasing as it offers better performance, fast response time and higher fuel saving.
Center Pivot to Emerge as the Top-Selling Backhoe Loaders Product
Compared to the sideshift backhoe loaders, center pivot backhoe loaders are likely to be the top-selling product between 2017 and 2026. Center pivot backhoe loaders are projected to surpass US$ 3,000 million revenue by 2026 end. Center pivot backhoes are mounted at the center of the rear portion of machine’s frame. Center pivot backhoes are used on a large scale in North America. While side shift backhoes has become standard in Europe.
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Table of Content:
1. Global Economic Outlook
2. Global Backhoe Loaders Market - Executive Summary
3. Global Backhoe Loaders Market Overview
4. Global Backhoe Loaders Market Analysis and Forecast 2012-2026
5. North America Backhoe Loaders Market Size and Forecast, 2012-2026
6. Latin America Backhoe Loaders Market Size and Forecast, 2012-2026
7. Europe Backhoe Loaders Market Size and Forecast, 2012-2026
8. Japan Backhoe Loaders Market Size and Forecast, 2012-2026
9. APEJ Backhoe Loaders Market Size and Forecast, 2012-2026
10. MEA Backhoe Loaders Market Size and Forecast, 2012-2026
11. Global Backhoe Loaders Market Company Share, Competition Landscape and Company Profiles
12. Research Methodology
13. Secondary and Primary Sources
14. Assumptions and Acronyms
15. Disclaimer
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive 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.
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