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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Backhoe Loaders Market Size

The global backhoe loaders market is expected to grow at a CAGR of 6% in the forecast period of 2024-2032 to reach a value of USD 6.10 billion by 2032.

Global Backhoe Loaders Market

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Growing Demand from the Construction Industry to Aid the Market Growth of Backhoe loaders

The global market of backhoe loaders is being driven by the growing demand from the construction industry as the product is used in various operations and in compact size due to its versatility. In the recent years, the market for backhoe loaders has witnessed a favourable growth in the residential construction sector as a result of the robust population expansion and an increase in gross household disposable incomes in both developed as well as developing economies. In addition, the rapid growth in migration of people from rural to urban areas has led to increasing investments towards the growth of sustainable and smart cities. This has led to the adoption of technologically advanced machinery like backhoe loaders that accelerate construction activities.

Backhoe Loaders Market Segmentation

Backhoe loader, variously called a loader backhoe, is a heavy equipment vehicle that includes a tractor-like unit attached to a loader-style shovel/bucket in the front and a backhoe on the back. It is used in the construction industry.

Global Backhoe Loaders Market By Product Type

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On the basis of product type, the market is divided into:

  • Side Shift
  • Centre Mount

Based on digging depth, the industry can be segmented into:

  • Under 10 Feet
  • 10-15 Feet
  • Over 15

By engine power, the industry is segregated into:

  • Under 80 HP
  • 80-100 HP
  • Over 100 HP

On the basis of distribution channel, the industry is categorised into:

  • Direct Sales
  • Indirect Sales

Based on application, the industry is divided into:

  • Agriculture
  • Mining
  • Small Demolitions
  • Construction
  • Transportation of Building Materials
  • Powering Building Equipment
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Backhoe Loaders Market By Region

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Growing Government Focus on Infrastructure Growth to Aid the Market Growth of Backhoe Loaders

The market growth of backhoe loaders is being driven by several governments worldwide that are concentrating more on infrastructural growth, such as the construction of ports, roads, highways, and railways, consequently generating new opportunities for the manufacturers of backhoe loaders. The market is further positively influenced by the ongoing trends witnessed in the global market for construction equipment, especially the provision of rental equipment.

Key Industry Players in the Global Backhoe Loaders Industry

The report gives a detailed analysis of the following key players in the global backhoe loaders market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Bobcat Company
  • Mahindra Construction Equipment
  • Komatsu Europe International N.V.
  • Scot JCB Ltd
  • Caterpillar
  • AB Volvo
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Digging Depth
  • Engine Power
  • Distributional Channel
  • Application
  • Region
Breakup by Product Type
  • Side Shift
  • Centre Mount
Breakup by Digging Depth
  • Under 10 Feet
  • 10-15 Feet
  • Over 15
Breakup by Engine Power
  • Under 80 HP
  • 80-100 HP
  • Over 100 HP
Breakup by Distributional Channel
  • Direct Sales
  • Indirect Sales
Breakup by Application
  • Agriculture
  • Mining
  • Small Demolitions
  • Construction
  • Transportation of Building Materials
  • Powering Building Equipment
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bobcat Company
  • Mahindra Construction Equipment
  • Komatsu Europe International N.V.
  • Scot JCB Ltd
  • Caterpillar    
  • AB Volvo
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Backhoe Loaders Market Report Snapshots

Backhoe Loaders Market Size

Backhoe Loaders Market Growth

Backhoe Loaders Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global market for backhoe loaders is projected to grow at a CAGR of 6% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 6.10 billion by 2032.

The major drivers of the market are rising disposable incomes, increasing population, growing demand from the construction industry, and increasing government focus on infrastructure growth.

The key trend guiding the growth of the market includes the rising popularity of rental equipment, migration of people to urban areas, and technological improvements.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different product types in the market are side shift and centre mount.

The major digging depth in the market are under 10 feet, 10-15 feet, and over 15 feet.

The significant engine powers in the market are under 80 HP, 80-100 HP, and over 100 HP.

The various distribution channels in the market are direct sales and indirect sales.

The major applications in the market are agriculture, mining, small demolitions, construction, transportation of building materials, and powering building equipment, among others.

The major players in the global backhoe loaders market are Bobcat Company, Mahindra Construction Equipment, Komatsu Europe International N.V., Scot JCB Ltd, Caterpillar, and AB Volvo, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124