Backhoe Loaders Market by Model Type, by End Use, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Backhoe loaders are heavy equipment that comprises a tractor-resembling unit equipped with loader-like bucket/shovel 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". Backhoe loaders are commonly used in urban engineering and small construction projects, such as building a small house, fixing urban roads etc., 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 digging holes/excavation, breaking asphalt, construction, landscaping, small demolitions, light transportation of building materials, powering building equipment and paving the road.

Market Drivers

The increasing use of telematics in compact and small construction equipment and significant growth in the construction industry may act as a major driver of the global backhoe loader market. Other factors such as versatility of backhoe loaders, increasing road construction activities, rapid population expansion and rise in gross household disposable incomes and growing number of power projects in developing countries such as China, India etc. are the major factors which are expected to further augment the growth of global backhoe loader market during forecast period. For instance, according to Coherent Market Insight's analysis, as of November 2019, China's population stands at 1.435 billion, the largest of any country in the world.

Owing to the increasing focus on enhancing the productivity of infrastructure and construction activities, there has been an increase in the adoption of bucket loaders and excavators in the construction industry. In addition to this, trenching, grading, dozing and loading are some of the activities performed during natural gas pipeline construction activity with the help of backhoe loaders, which makes it the perfect construction equipment for natural gas pipeline projects. Furthermore, an increasing demand for solar power and wind power installations, as well as the growing demand for gas-run or conventional steel power plants are the other major driving factors for the global backhoe loader market over the forecast period. However, high prices of backhoe loaders may hinder the growth of the global backhoe loader market over the forecast period.

Key features of the study:

• This report provides an in-depth analysis of the global backhoe loaders market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global backhoe loaders market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include Caterpillar, Inc. *, Deere & Company, Komatsu Ltd., Mahindra Construction Equipment, Volvo Construction Equipment, J C Bamford Excavators Ltd., Terex Corporation, CNH Industrial NV, Manitou Group, Action Construction Equipment Ltd., and Hitachi Construction Machinery Co., Ltd.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global backhoe loaders market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global backhoe loaders market.

Detailed Segmentation

• Global Backhoe Loaders Market, By Model Type:
  • Center Mount
  • Sideshift
• Global Backhoe Loaders Market , By End Use:
  • Construction
  • Mining
  • Utility
  • Agriculture And Forestry
  • Others
• Global Backhoe Loaders Market , By Region:
  • North America
    • By Country:
  • U.S.
  • Canada
  • Europe
    • By Country:
  • Germany
  • Italy
  • U.K.
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
    • By Country:
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Latin America
    • By Country:
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Middle East and Africa
    • By Country/Region:
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa
• Company Profiles
  • Caterpillar, Inc. *
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/ Updates
  • Deere & Company
  • Komatsu Ltd.
  • Mahindra Construction Equipment
  • Volvo Construction Equipment
  • J C Bamford Excavators Ltd.
  • Terex Corporation
  • CNH Industrial NV
  • Manitou Group
  • Action Construction Equipment Ltd.
  • Hitachi Construction Machinery Co., Ltd.

"*" marked represents similar segmentation in other categories in the respective section.