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These days all the machines come equipped with world-class Fast Facts
remote monitoring telematics technology, which helps in the  The Backhoe Loader market accounts for ~7% market
remote monitoring and fleet management on the key parameters
of Service, Operations and Security. All in all, the backhoe loader share in total sales of construction equipment industry
segment is poised for a huge growth uptick on the back of surging globally.
construction activities in the country.  India is the largest market for backhoe loaders, which
Backhoe loaders have become incredibly important machines in accounts for almost 50% of all construction equipment
the construction sector. The rising initiatives by the government in sales in unit terms.
various countries is boosting the infrastructural development like  Small construction projects are expected to rise the
the building of roads, airports, seaports, and railways, which in turn demand for backhoe loaders due to their efficient use
is having a positive impact on the market. Growing urbanization in material handling and digging applications across
across the globe has increased the demand for construction the world.
of commercial and residential infrastructure. Moreover, the
global construction industry has witnessed significant demand  Initiatives by governments of several countries around
in the recent past, owing to increasing population. Furthermore, world to boost the development of infrastructure, such
development of smart cities has paved way for construction as roads, airports, railways, and seaports, is projected
of highways across cities. This, in turn, has created humongous to drive the global backhoe loaders market.

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