The global backhoe market is predicted to cross $5.25 billion with a compound annual growth rate of 7% in the ongoing decade as per Fact.MR ten years market forecast.
The increasing demand for modern infrastructures has given rise to more excavation work in the construction industry. With the name of excavation, the most used heavy equipment is the backhoe.
These versatile heavy pieces of equipment offer a fusion of operations as two-in-one machinery with the capabilities of a hydraulic excavator and a tractor loader. The multi-functions make used backhoes the most popular choice of engineers and contractors.
Now the main question is what is new about backhoes? Why are they persistent in winning customer’s hearts? Without further ado, let’s find out how backhoe loaders are reaching new heights in the global construction equipment market.
The Fuel Consumption
The modern challenges of the construction industry require heavy equipment with flexible solutions and backhoes are becoming more efficient than ever. Operators want heavy equipment to perform faster and with less fuel consumption.
With that backhoe, manufacturers have taken this as a function to cater according to the product marketing manager at John Deere.
Especially catering to the construction industry with its diverse options. The mining and construction sector holds 45.10% of the total backhoe market and will exceed U.S. $35B by 2032 as per the Global Market Insights.
Manufacturers and heavy equipment suppliers are trying to keep up with the energy conservation trend by taking small but steady steps. They are figuring out effective ways to move greater material with less fuel consumption.
However, fuel consumption isn’t the primary concern but the emitted productivity as the by-product of its consumption. On the other side, consumers are more focused on machine’s efficiency rather than mere productivity. They want to know how much fuel is used in a single task for the whole day to find out the equipment’s efficiency rate.
The Equipment Control
It’s a time of revolution and smart work. Manufacturers and heavy equipment suppliers are finding approaches that can make machine-operating tasks easier, faster, and safer. They know operators want to be productive and they are answering the queries via advanced backhoe operations.
JCB, a leading heavy equipment manufacturer believes that a productive operator is the one who’s at most ease.
With the integration of pilot controls, the backhoe’s operational cycle has become faster causing lesser operator fatigue. In consequence, the operator executes tasks smartly, within a shorter time span, and with total comfort.
Moreover, the backhoe’s lever efforts are also lessened to save additional manual effort for performing onsite construction operations.
Additionally, John Deere has launched a Total Machine Control (TMC) system that aims to increase operational productivity without exhausting the operator. The incorporation of electric hydraulics makes the TMC efficient as it increases process automation and eliminates manual tasks.
Moreover, finger touch replaces the foot pedal with the levers that would manage the rear and front auxiliary hydraulics. This control system discards a number of manual operations that add up to increased backhoe efficacy with smart labor resource management.
Simultaneously, the backhoe suppliers consider customers as gods. So achieving clientele satisfaction with easy-to-operate used backhoes at an affordable range is an impressive way of attracting more buyers.
Likewise, it facilitates clients with efficient and productive equipment to cater to their development needs at a faster pace.
Parallely, catering to the fleet owners, JCB has also added the feature of the LiveLink system on the backhoes. It helps in tracking the heavy equipment’s location just like a GPS tracking solution.
So now fleet management systems can easily monitor their machines remotely and boost productivity with uptime.
The Repair Management
Do you know which other factor primarily contributes to increased productivity? Well, it’s not restarted to the operator’s comfort only. It is the ease of repair the equipment offers.
The latest backhoe features by New Holland provide ease of accessing the engine from ground levels. The tilt-up hood makes the equipment’s maintenance and care regime easier and safer for operators.
Therefore, safety and easy maintenance features are not luxuries when it comes to consuming used backhoes anymore.
Equipment traders believe that facilitating consumer markets with easy-to-operate, comfortable, and smart equipment is the secret to winning the market and increasing their ROI rates.
With that being said, an increase in demand for used backhoe loaders by 5% is observed in the North American region.
The Bottom Line
Backhoes are the backbone of excavation and other main construction-related operations. In the prime time of innovation, it is the duty of manufacturers and heavy equipment suppliers to provide consumer markets with durable and multi-functional machinery.
As good news, the design of current backhoe loaders is a reflective indicator that commits to objectives like optimal efficiency with a value of money.
However, as a buyer, do your homework, calculate the budget, and trust your guts to come up with a profitable equipment purchasing decision.
If still confuses you since you are investing a huge fortune, seek help from reliable heavy equipment traders.
About MY-Equipment
MY-Equipment is a top-used heavy equipment seller located in the heart of Texas. The company holds a significant heavy equipment inventory to cater to different clients with affordable used heavy equipment ranges without sacrificing quality. Explore the newest additions to MY-Equipment’s inventory of used backhoe loaders on the website. Secure yours today!