analysis report covers the backhoe loader market in North America and acts as an update to our last report on this
machinery type in 2010. There are currently
14 suppliers of backhoe loaders in North America today, with production coming from both foreign and domestic
manufacturing facilities. Some of the suppliers import and manufacture
domestically while others solely rely on importing from countries abroad.
Since 2010, the
market for backhoe loaders has undergone a heavy downturn in both sales and
production levels as is true with most other machinery types we cover. The economic crisis that began with the
housing bust in the United States has lead to a dramatically weakened housing market
and general construction market, which decides the health of the backhoe loader
market because of their heavy usage in such a wide array of applications.
"Machinery Markets in Brazil," our recently updated report on the second largest machinery market in the Americas, is now available. Find out what makes Brazil one of the largest regions for machinery in the world.