Global Backhoe Loaders Market Projected to Augment at a Notable CAGR during the Forecast Period until 2026
Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Global Backhoe Loaders Market Projected to Augment at a Notable CAGR during the Forecast Period until 2026

    (Transportation-News.com, November 13, 2018 ) The report studies the Global Backhoe Loaders Market worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions. The intelligent report also anticipates that Global Backhoe Loaders Market would grow at a constructive CAGR until 2026. In order to study the various trends and patterns prevailing in the concerned market, Fact.MR has included a new report titled “Global Backhoe Loaders Market Projected to Augment at a Notable CAGR during the Forecast Period until 2026” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

    Request 100 Page Sample Report Here -https://www.factmr.com/connectus/sample?flag=S&rep_id=407

    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 than using an excavator and separate wheel loader for digging and material handling. Versatility, the ability to facilitate operations on the turf top, and ease of use have led to a rise in the popularity of tractor loader backhoes in the global construction industry. These heavy equipment offer good performance in tasks related to specialty machines at relatively lower initial investments.

    Past few years have represented considerable growth in the residential construction sector, owing to rapid population expansion and rise in gross household disposable incomes in the developed as well as developing economies. A recent rise in migration of families and individuals from rural to urban areas has been attracting investments toward the development of sustainable & smart cities. Such development entails the adoption of construction machinery such as tractor loader backhoes that facilitate the construction processes. In addition, various governments worldwide are increasingly focusing on infrastructure development that includes construction of highways, port, roads, and railways, which in turn is creating avenues backhoes loaders.

    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.



    View Full Global Market Research Report Here - https://www.factmr.com/report/407/backhoe-loaders-market

    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.

    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. 

    Backhoe loaders with the maximum digging depth of 10-15 feet are likely to witness the fastest growth between 2017 and 2026. Towards 2026 end, backhoe loaders providing digging depth of 10-15 feet are projected to surpass US$ 1,700 million revenue. Backhoe loaders with the ability to dig 10-15 foot deep are being used largely in water line and electrical line installation. Most of the contractors in the construction sector are using compact backhoes as they weigh less and allow contractors to use various attachments making it easy to operate.

    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.

    To Buy Global Market Research Report, Go with this Link - https://www.factmr.com/checkout/407/S

    About Fact.MR

    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.

    Contact Us

    Fact.MR
    11140 Rockville Pike
    Suite 400
    Rockville, MD 20852
    United States
    Email: sales@factmr.com
    Web: https://www.factmr.com/
    Blog: https://factmrblog.com/

    Fact.MR

    James Hilton

    +353-1-6111-593

    info@factmr.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC