Key industry trends in the global and Indian loader market
Trends in the global market for backhoe loaders
·Smaller construction projects are expected to increase the demand for backhoe loaders as they are used effectively for material handling and excavation applications across the world. This, in turn, will drive the backhoe loader market.
·Increasing demand for backhoe loaders in the construction industry is likely to drive the backhoe loader market.
·Increasing population and disposable income in developed and developing countries is expected to drive the backhoe loader market.
Initiatives taken by governments across the world to promote infrastructure development such as roads, airports, railways and seaports are expected to drive the global backhoe loader market.
Increasing investments in gas pipeline projects across the world are estimated to drive the global backhoe loader market.
The development and construction of canals and dams and the increasing number of power projects are expected to boost the global backhoe loader market.
Backhoe loaders with powerful machine performance and fast response times
Backhoe loaders with adjustable load sensing
Backhoe loaders with ergonomic cab comfort features
The recent technology up gradations implemented/in-process of Backhoe Loaders can be divided into three major categories-
·Advanced Engine Technology- Helps to maximize performance, minimize fuel consumption and the impact of emission regulations.
·Advanced Hydraulics for higher productivity.
·GPS system- Advanced telematics system to manage and monitor machines remotely.
