ACCESS Newswire
12 Feb 2020, 16:49 GMT+10
Mining industry remains a major contributor to the backhoe loaders market, owing to increased demand in digging and excavation activities
DUBLIN, IRELAND / ACCESSWIRE / February 12, 2020 / Fact.MR: The global backhoe loaders market is set to surpass a value of US$ 1.9 Bn by the end of 2026, as per the recent research intelligence study of Fact.MR. Businesses in backhoe loaders market are increasingly focusing on the integration of advanced telematics technologies and remote operations to gain traction among consumers.
'Backhoe loaders have gained significance in the construction industry, owing to their versatility in terms of operations and size. Demand will however remain concentrated in the residential construction sector,' says the Fact.MR report.
Request PDF Sample of 250+ pages report on the backhoe loaders market -https://www.factmr.com/connectus/sample?flag=S&rep_id=407
Backhoe Loaders Market: Key Findings
Backhoe Loaders Market: Key Driving Factors
Backhoe Loaders: Key Market Restraints
Explore 127 figures, 101 tables in the study. Request ToC of the report at https://www.factmr.com/report/407/backhoe-loaders-market
Competition Landscape
The global backhoe loaders market is largely fragmented. Industry leaders are focusing their efforts on product improvements for better efficiency and reliability through automation and other technologies, with greater emphasis on strategic collaborations. The report has also profiled key players in the global backhoe loaders market, which will remain active through 2026, including Caterpillar Inc., JCB,Inc., CNH Industrial America LLC, Terex Corporation, Deere & Co, Mahindra Construction Equipment, Komatsu Limited, TerraQuip Construction Products, Inc., Volvo Construction Equipment, Bharat Earth Movers Limited, Escorts Group, Fiat, and Hitachi, Ltd.
About the Report
This 250+ pages study provides detailed forecast data on the backhoe loaders market. The key categories covered in the report include product type (center pivot and side shift), engine power (under 80 HP, 80-100 HP, and over 100 HP), maximum digging depth (under 10 feet, 10-15 feet, over 15 feet), application (construction, agriculture, mining, and others) and 25+ countries in key regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa, and the Carribean).
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About Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at Fact.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over thousand reports and 1 million+ data points, the team has scrutinized the automotive sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
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SOURCE: FactMR
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