Backhoe Loader Market in North America 2015-2019

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Backhoe Loader Market in North America 2015-2019

Covered in this Report

• This report covers the present scenario and the growth prospects of the backhoe loader market in North America for the period 2015-2019.

• The report includes historical sales of backhoe loaders in the North American construction equipment industry.

• The market size is determined by the consumption value of backhoe loaders.

• The performance of the backhoe loader market in North America for the period 2015-2019 is forecast with the help of the predicted CAGR after an analysis of the present condition of the market.

• The reports also encompasses a geographical analysis and key leading countries, as well as the forecast for the backhoe loader market in these countries.

Backhoe Loader Market in North

America 2015-2019

USA – CANADA – UK – CHINA – INDIA

Market Overview

• A backhoe loader, also known as digger in layman's terms, is earthmoving equipment that comprises a tractor fitted with a shovel in front and a backhoe at the back.

• Backhoe loaders are relatively small and are used in large, medium, and small-scale construction projects due to their versatility.

• Backhoe loaders can be fitted with different attachments to carry out tasks such as digging, boring, loading, and excavation.

• Technavio's analysts forecast the backhoe loader market in North America to grow at a CAGR of 10.71% over the period 2014-2019.

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Key Vendors and Regions

• Caterpillar

• JCB

• Komatsu

• Volvo CE

• Hitachi Construction Machinery

• Liebherr

View Our Report: Backhoe Loader Market in North America 2015-2019

• North America

Vendors Regions

USA – CANADA – UK – CHINA – INDIA

Key Findings

USA – CANADA – UK – CHINA – INDIA

• The ownership of backhoe loaders involves huge initial investment.

• Because construction companies, especially SMEs, face budget constraints, manufacturers are making backhoe loaders available on a rental basis.

• Leading vendors such as Caterpillar and Volvo are offering rental and leasing services to meet the growing demand for backhoe loaders in North America.

• Backhoe loaders can be rented on a daily or an annual basis.

• The lease period is often less than the average lifetime of the equipment.

• This allows construction companies to use high-cost backhoe loaders without major monetary investments and contributes to the profits of the manufacturers.

• Auxiliary services such as specialist consultation and proactive maintenance are also offered.

Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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About Technavio

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Backhoe Loader Market in North America 2015-2019

62 Pages | SKU: IRTNTR6444

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