GLOBAL BACKHOE LOADER MARKET

 

KEY FINDINGS

1. The Backhoe Loader market accounts for ~7% market share in total sales of construction equipment  industry globally.
2. India is the largest market for backhoe loaders which accounts for almost 50 per cent of all construction equipment sales in unit terms.
3. In China, from January to December 2020, a total of 131,176 loaders of various types were sold, which had an increase of 6.12% year-on-year.
4. Although the outbreak of COVID-19 has already impacted the construction equipment industry, the impact on backhoe loaders is much less. Overall, the backhoe loader industry will close this year with growth.
5. The thrust on infrastructure development continues to be a priority for the countries. Manufacturers are optimistic about a rapid recovery of the economy.
6. The Indian government has announced measures to revive the construction sector. Building 34,800 km of national highways in five years and more projects in the Rs 111-trillion ($ 1.49T)National Infrastructure Pipeline are expected to boost construction and infrastructure development in the country.
7. Indian Government’s  ‘Build India’ initiative is about to gain momentum to counter the economic slowdown. The road construction activity remains the largest driver of construction equipment (CE) demand with execution reaching record high levels of 13,327 km in FY2021, up 30% on a YoY basis despite challenges from the Covid-19 pandemic and associated lockdowns.
8. The U.S Department of Commerce recently announced that construction projects put into place and annualized for 2021 amount to more than $1.5 trillion.

 

 

INTRODUCTION

Rapidly growing rate of the earth moving machines is assured through the high performance construction machinery with complex mechanisms and automation of construction activity.

 

 

The backhoe loader market in a country is driven by sectors such roads, real estate, rural infrastructure, urban development, irrigation, agricultural activities, and industrial performance, which will be supported by the macro economic situation, policy and reforms, and availability of funds.

 

 

BACKHOE LOADER MARKET SEGMENTATION

 

By Application Type

1. Construction
2. Mining
3. Others

 

By Region

1. U.S
2. Europe
3. China
4. India
5. Rest of the World

 

BACKHOE LOADER  MARKET DYNAMICS

 

Backhoe loaders continue to offer end-users the kind of versatility that leads to solid utilization rates in many applications, and manufacturers continually refine their products with features designed to help reign-in operating costs.

 

Recently launched Backhoe Loaders are built by  pioneering the integration of digital technology with construction equipment. All the machines are equipped with world-class remote monitoring telematics technology. Which helps in the remote monitoring and fleet management on the key parameters of Service, Operations and Security. The technology now helps machines communicate real time on its location, operations, performance, downtime, service alerts and security.

 

The overall industry now tends to shift to virtual interaction. Technology-driven companies are now taking the help of the virtual interface more. Working towards creating a more trouble-free machine and a system to provide remote assistance to the customers. Sales teams are now having virtual IDs and accessibilities in order to converse with sales prospects. Various Apps are being created to simplify sales and service process

With customers’ profit margins under pressure, manufacturers are striving to make owning and operating their machines financially viable during the current lean period. But as demand improves, competition is likely to become more intense – and so will marketing.

In fact, an aggressive marketing plan by manufacturers augurs well for the infra sector as it will broaden the range of product offerings and make prices more competitive. It will also strengthen the pre- and post-sales customer support and service packages of the manufacturers to beat competition.

 

POPULAR BACKHOE LOADER MODELS, BY REGION

 

1. INDIA

 

SL No	Models
1	JCB 2DX & 3DX ecoXcellence
2	CASE 770 EX SERIES
3	ESCORTS DIGIMAX II
4	ACE AX 124
5	DOOSAN BOBCAT B900

 

2. CHINA

 

SL No	Models
1	JCB 3CX
2	CATERPILLAR 424B
3	LINGONG B877
4	LINGONG CLG766
5	XGMA XG765 E

 

 

NEW PRODUCT DEVELOPMENT IN BACKHOE LOADER MARKET

 

The John Deere developed, battery-powered, electric vehicle design–referred to as E-Power backhoe. The design is intended to provide substantially lower daily operating costs, lower job site noise, enhanced machine reliability, and zero emissions. John Deere is in early Phase I development of its electric backhoe.

 

Case 580 EV electric backhoe loader is powered by a 480-volt, 90-kW, lithium-ion battery pack (weighing 1,300 pounds) that can be charged in eight hours by any 220-volt/three-phase connection. A single battery charge will support most eight-hour workdays. The battery separately powers the drivetrain and hydraulic motors, resulting in hydraulic breakout forces equal to diesel-powered machines and improved performance during simultaneous loader and drivetrain operation.

 

Swedish construction equipment manufacturer Huddig is claiming to have the first commercially available diesel-electric hybrid backhoe loader on the market. The Tigon has 30% more power than its diesel counterpart and can run entirely on electricity or fossil-free on HVO 100 diesel.

 

INNOVATION TRENDS

 

Machines today include features such as pressure-compensated load-sensing (PCLS) hydraulics which provides better multifunctioning, smoother machine control and up to 15% greater digging capacity with Lift Mode, collectively providing a distinctive customer experience and enhanced machine reliability.

 

John Deere’s backhoe loaders have also evolved into the electrification realm. The company has begun testing its electric backhoe loader with National Grid. The Deere E-Power backhoe loader targets the performance of a 100 hp, but with zero tailpipe emissions.

 

EV retains features of diesel-powered Case backhoes, such as ProControl, which allows for precise boom movement and placement, as well as Comfort Steer, which improves steering while working in tight quarters or in truck-loading operations. The machine also employs the new enhanced joystick controls used in the most recent generation of Case N Series backhoes, as well as in-cab amenities, such as premium seat options and Bluetooth radio. The 580 EV also incorporates the Case SiteWatch telematics system.

 

Danish-based developer Unicontrol has launched a 3D machine control system for backhoe loaders. The Unicontrol 3D system has been developed on the basis of user involvement and process analyses of the workflow that applies in the construction industry. The solution is suitable for machines with a derrick, swivel arm and bucket that are fitted with sensors.

 

Engine Specs of Backhoe Loaders, By Region

Regions	Power	Displacement	Torque
U.S	74 – 150 H.P	2.4 – 4.5L	300 – 570 Nm
Europe	97 – 121 H.P	3.4 – 4.4L	433 – 516 Nm
India	49.5 – 96 H.P	3.2 – 4.8L	203 – 408 Nm

 

 

BACKHOE LOADER MARKET SIZE AND FORECAST

 

The Global Backhoe Loader market is estimated at $XX Billion in 2020, growing at XX% CAGR till 2026.

 

COMPETITIVE LANDSCAPE

JCB’s new Stage V compliant 3CX ECO backhoe loader provides improved operator comfort and ease of use, as well as increased productivity and a reduced total cost of ownership. The backhoe loader is powered by the latest version of JCB’s 3.0 L diesel engine. It provides 55 kW (73.8 hp) of power and 440 Nm (324.5 ft.-lb.) of torque, which is a 10% increase over the previous model.

 

John Deere has upgraded its popular L-Series backhoe loaders, unveiling significant machine improvements designed to boost productivity, maximize uptime and reduce operating costs. Ranging across the L-Series Backhoe lineup, the updates, which include engine upgrades, new pressure-compensated load-sensing (PCLS) hydraulics on the 310SL model and machine control improvements, enhance operation and machine performance.

 

Komatsu Europe announced the WB97R-8, the latest model in Komatsu’s new range of backhoe loaders. Packed with customer-focused features, the WB97R-8 offers two-wheel steering and a powershift transmission, a high level of standard specifications and unrivaled operator visibility thanks to Komatsu’s unique combination of a lateral exhaust pipe and compact bonnet.

 

Caterpillar has replaced F2 Series backhoe loaders with new models using the nomenclature without suffixes. Models 415, 416, 420, 420 XE, and 430 use a new engine, the Cat C3.6, that is up to 10 percent more fuel efficient. Four wheel drive is now standard, with no 2WD versions available in North America, and the IT version has been eliminated, with all new models able to use an IT coupler.

 

Mecalac Construction Equipment has completed its range of sideshift backhoe loaders with the launch of its new Stage V compliant TLB880 model. The heavy-duty sideshift model had been designed to provide fast cycle times and precise operation. It incorporates a closed-centre hydraulics system that delivers a maximum flow rate of 143l/min and an operating pressure of 250 bar.

 

JCB India Ltd has launched its new range of CEV Stage IV Backhoe Loaders. The range entails the new 3DX Plus, the 3DX Xtra, the 3DX Super & the 4DX to meet a wide range of applications for customers. The new Backhoe Loader range is powered by the 55kW JCB ecoMax diesel engine. This CEV Stage IV engine is environment friendly and comes with well-proven CRDI technology, a Waste-Gate Turbocharger & a Two-Stage cooling EGR system. The engine has a state-of-the-art combustion system that eliminates the need for any After-treatment, DOC (Diesel Oxidation Catalyst) or a DPF (Diesel Particulate Filter).

 

 

COMPANIES PROFILED

1. Caterpillar Inc
2. CNH Industrial NV
3. Doosan Heavy Industries and Construction Co Ltd
4. Hitachi Construction Machinery Co Ltd
5. JC Bamford Ltd
6. Kawasaki Heavy Industries Ltd
7. Komatsu Ltd
8. Liebherr-International AG
9. Escorts Limited
10. Deere & Company
11. Kobelco Construction machinery Co. Ltd.
12. Hyundai Construction Equipment & Co.
13. Volvo Construction Equipment AB
14. XCMG
15. Sany
16. LiuGong Machinery