Press release
Rigid Dump Truck Market : Key vendors - Caterpillar, Komatsu, XCMG Group
A rigid dump truck has a rigid frame at the rear, which allows the open-box bed to move in only one direction. Like most commercial vehicles, rigid dump trucks have a heavy-duty like chassis. The essential components of rigid dump trucks are built around the rigid chassis, such as the open box bed, engine, operators cabin, axles, and steering components. Rigid dump trucks provide many advantages, such as enhanced maneuverability and job-site efficiency, especially while operating under extreme off-road conditions. Rigid dump trucks are not only comfortable to drive and operate on asphalt and concrete roadways, but their components also allow their operation on the most difficult road conditions, such as mining sites, where these trucks have to haul over uneven terrains.
Technavios analysts forecast the global rigid dump truck market to grow at a CAGR of 4.19% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global rigid dump truck market for 2017-2021. To calculate the market size, the report considers the PARC data of rigid dump trucks as on the base year. The forecast is based on the cumulative demand for rigid dump trucks.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Rigid Dump Truck Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Caterpillar
Komatsu
Hitachi Construction Machinery
XCMG Group
Other prominent vendors
AB Volvo
Ashok Leyland
BEML
CHINA SINOTRUK INTERNATIONAL
Daimler Trucks North America
Everstar
Iveco
LIEBHERR
OJSC BELAZ
Perlini Equipment
POWERPLUS GROUP
Rimpull
SANY GROUP
Sinoway
TATRA TRUCKS
Terex Trucks
XIANGTAN ELECTRIC MANUFACTURING GROUP
Market driver
Growth in demand for precious metals
For a full, detailed list, view our report
Market challenge
Shortage of skilled operators
For a full, detailed list, view our report
Market trend
Sustainable mining solutions
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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