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Backhoe Loaders - Global Market Forecast (2019-2023), Led by Caterpillar, Deere & Company, JC Bamford Excavators, Komatsu, Manitou, and Mecalac - ResearchAndMarkets.com

November 14, 2018
The “Global Backhoe Loaders Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.The construction industry is growing rapidly in Asia, Africa, and the Middle East. This has led to an increase in fleet size and boosted the demand for onboard telematics in small construction equipment. With the scope of telematics being expanded from basic features, the increasing use of telematics in compact and small construction equipment will drive the growth of backhoe loaders market during the forecast period.The backhoe loaders market is forecast to register a CAGR of almost 6% by 2023.The increasing use of telematics in small and compact construction equipment will help in providing better visibility of assets to fleet owners. The use of telematics will help in better fleet management and preventive maintenance, which will help in the growth of the backhoe loaders market. According to the report, one of the major drivers for this market is the growing investment in the construction of natural gas pipelines. The increasing demand for natural gas has led to a growth in natural gas pipeline projects. This have boosted the growth of the backhoe loaders market as it is an essential construction equipment in the pipeline projects. Further, the report states that one of the major factors hindering the growth of this market is the high concentration of the backhoe loaders market with very few countries accounting for the highest unit sales. A high reliance on a few countries will hamper the growth of the market since any slowdown of the construction sector in these countries will affect the revenue generated.The market appears to be fairly concentrated and with the presence of companies such as Caterpillar, and Deere & Company the competitive environment is intense. Factors such as the increasing demand for natural gas pipeline projects, will provide considerable growth opportunities to backhoe loader manufacturers.Key Vendors ProfiledCaterpillarDeere & CompanyJC Bamford ExcavatorsKomatsuManitouMecalac

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystemMarket characteristicsMarket segmentation analysis

PART 04: MARKET SIZING

Market definitionMarket sizing 2018Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket condition

PART 06: MARKET SEGMENTATION BY PRODUCT

Market segmentation by productComparison by productSide-shift - Market size and forecast 2018-2023Center-pivot - Market size and forecast 2018-2023Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentationGeographic comparisonAPAC - Market size and forecast 2018-2023Americas - Market size and forecast 2018-2023EMEA - Market size and forecast 2018-2023Key leading countriesMarket opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market driversMarket challenges

PART 11: MARKET TREND

PART 12: VENDOR LANDSCAPE

OverviewLandscape disruption

PART 13: VENDOR ANALYSIS

Vendors coveredVendor classificationMarket positioning of vendorsCaterpillarDeere & CompanyJC Bamford ExcavatorsKomatsuManitouMecalac

For more information about this report visit https://www.researchandmarkets.com/research/32gw8m/backhoe_loaders?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181114005516/en/

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Related Topics:Excavation and Earthmoving Equipment

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING NATURAL RESOURCES MINING/MINERALS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/14/2018 08:39 AM/DISC: 11/14/2018 08:39 AM

http://www.businesswire.com/news/home/20181114005516/en

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