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Global Backhoe Loaders Market 2019-2023

Global Backhoe Loaders Market 2019-2023

About this market

Telematics is already being provided for large construction equipment since the early 2000s. However, construction equipment manufacturers have also started offering telematics for compact or small construction equipment such as backhoe loaders. By providing GPS location and equipment run time, telematics in backhoe loaders help fleet owners in scheduling preventive maintenance and better fleet management. The construction industry is growing rapidly in Asia, Africa, and the Middle East. This have 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. Technavio’s analysts have predicted that the backhoe loaders market will register a CAGR of almost 6% by 2023.Market Overview

Growing investment in natural gas pipeline projects

Natural gas production in the US, Iran, Qatar, China, and Australia has increased. This have resulted in a decrease in natural gas cost, which, in turn have led to increased global natural gas consumption. Several countries including the US, and Russia are investing in pipeline projects to transmit and distribute natural gas to other countries. Since backhoe loaders are an essential equipment used for grading, dozing, trenching, and loading activities in natural gas pipeline projects, increasing investments in this sector will lead to market growth.

High concentration of demand

The global backhoe loaders market is concentrated in a few countries with India and the US accounting for approximately 55%-60% of backhoe loaders unit sales worldwide. China and Europe accounts for less than 1% and 3% of the global backhoe loaders unit sales respectively. A slowdown in the construction sector of these countries will pose as a risk to the growth of the backhoe loaders market due to the over reliance of the market on few countries.

For the detailed list of factors that will drive and challenge the growth of the backhoe loaders market during 2019-2023, view our report.

Competitive Landscape

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. Caterpillar, Deere & Company, JC Bamford Excavators, Komatsu, Manitou, and Mecalac are some of the major companies covered in this report.


Technavio Announces the Publication of its Research Report – Global Backhoe Loaders Market 2019-2023

Technavio recognizes the following companies as the key players in the global backhoe loaders market: Caterpillar, Deere & Company, JC Bamford Excavators, Komatsu, Manitou, and Mecalac.

Commenting on the report, an analyst from Technavio’s team said: “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.

Companies Mentioned


Deere & Company

JC Bamford Excavators




  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global construction equipment market
      • Table Segments of global construction equipment market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Side-shift - Market size and forecast 2018-2023
      • Table Side-shift - Market size and forecast 2018-2023 ($ millions)
      • Table Side-shift - Year-over-year growth 2019-2023 (%)
    • Center-pivot - Market size and forecast 2018-2023
      • Table Center-pivot - Market size and forecast 2018-2023 ($ millions)
      • Table Center-pivot - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Caterpillar
      • Table Caterpillar - Vendor overview
      • Table Caterpillar - Business segments
      • Table Caterpillar - Organizational developments
      • Table Caterpillar – Geographic focus
      • Table Caterpillar - Segment focus
      • Table Caterpillar - Key offerings
    • Deere & Company
      • Table Deere & Company - Vendor overview
      • Table Deere & Company - Business segments
      • Table Deere & Company - Organizational developments
      • Table Deere & Company: Geographic focus
      • Table Deere & Company - Segment focus
      • Table Deere & Company - Key offerings
    • JC Bamford Excavators
      • Table JC Bamford Excavators - Vendor overview
      • Table JC Bamford Excavators - Organizational developments
      • Table JC Bamford Excavators - Key offerings
    • Komatsu
      • Table Komatsu - Vendor overview
      • Table Komatsu - Business segments
      • Table Komatsu - Organizational developments
      • Table Geographic focus: Komatsu
      • Table Komatsu - Segment focus
      • Table Komatsu - Key offerings
    • Manitou
      • Table Manitou - Vendor overview
      • Table Manitou - Business segments
      • Table Manitou - Organizational developments\
      • Table Manitou - Segment focus
      • Table Manitou - Key offerings
    • Mecalac
      • Table Mecalac - Vendor overview
      • Table Mecalac - Organizational developments
      • Table Mecalac - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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