openPR Logo
Press release

Articulated Hauler Market to Experience Significant Growth during the Forecast Period 2018 - 2028 | Key Players - Volvo Group, Doosan Corporation, Caterpillar, Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Deere & Company, Liebherr Group, CNH Ind

10-31-2018 10:30 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Articulated Hauler Market to Experience Significant Growth

According to Fact.MR’s new study, the articulated hauler market will register volume sales of over 16,400 units in 2018 with a marginal 1% increase in 2017.

Fact.MR study shows that perennial demand for articulated hauler in the construction industry underpins the steady growth of the articulated hauler market. In a bid to efficiently address demand from the end-user industries and increase the stabilizing sales through the dealer network, manufacturers in the articulated hauler market consistently introduce new B2C business approaches that deliver better service offerings to customers.

According to the Fact.MR study, articulated haulers with engine power up to 400 HP are likely to register volume sales of almost 8,400 units in 2018, accounting for over 50% of the global sales. Demand for articulated haulers with 400-500 HP engine is the second largest and is estimated to report nearly 6000 units of volume sales in 2018.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=2234

 “Demand growth of the heavy-duty equipment highly relies on the developments in the end-use industries across regions. As procurement of heavy-duty equipment including articulated haulers involves heavy investment, equipment management professionals are showing a strategic shift from buying the equipment to renting and leasing. Increasing focus on gaining control over direct-to-consumer sales, manufacturers are adopting innovative business models for equipment service offerings, further ensuring articulated hauler market sustainability.”  Says a senior analyst at Fact.MR.

Volume Sales of Articulated Hauler in APEJ Increase by 400 Units in 2018 over 2017

The study estimates that the APEJ region will cross 6400 units of volume sales in 2018, an excess of 400 units reported in 2017. Increasing number of construction projects and growing government support in the region can be attributed to the highest demand for articulated haulers in the APEJ.

North America is expected to follow the trail and account for almost 20% of the global volume sales in the articulated hauler market in 2018. Increasing construction projects in the residential sector have significantly contributed to over 80% of North America’s demand for articulated haulers in the United States.

Fact.MR study opines that buoyant demand in the construction industry will remain crucial for the overall growth of the articulated haulers market. Fact.MR estimations show that demand for articulated haulers from the construction industry will continue to be the largest and account for almost 60% of the global volume sales in 2018.

Browse Full Report on Articulated Hauler Market with TOC- https://www.factmr.com/report/2234/articulated-hauler-market

The mining industry is estimated to register the second largest demand for articulated hauler market and account for volume sales of over 4,600 units in 2018. The study shows that mines with the large surface area and big quarries prefer rigid haulers over articulated haulers.

The articulated hauler market remains moderately consolidated and Fact.MR finds that Tier 1 companies hold 60-65% of the revenue share of the articulated hauler market in 2018. Prominent articulated haulers market players are engaged in expansion to strengthen the regional presence and heavy investment in R&D aimed at novel product introduction.

Increasing demand for compact-sized equipment continues to rise in the construction projects. With the growing reliance on temporary works in the modern construction projects, compact articulated haulers or mid-sized articulated haulers are highly sought after as they deliver easier transportation and greater maneuverability on-site.

Fact.MR study finds that articulated haulers with 30-40 Mn Tons of payload capacity reported almost 8,000 units of sales in 2017 and will continue to hold over 50% of the sales in 2018. The compact size and greater versatility are the prime factors driving the demand for articulated haulers with 30-40 Mn Tons payload capacity.

The Fact.MR report tracks the articulated hauler market for the period 2018-2028. According to the report, the articulated hauler market is likely to grow at over 5% CAGR through 2028.

To Buy Articulated Hauler Market Report, Check- https://www.factmr.com/checkout/2234/S

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us            
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Articulated Hauler Market to Experience Significant Growth during the Forecast Period 2018 - 2028 | Key Players - Volvo Group, Doosan Corporation, Caterpillar, Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Deere & Company, Liebherr Group, CNH Ind here

News-ID: 1341779 • Views:

More Releases from Fact.MR

Digital Experience Platform Market Size to Cross US$ 29.5 Billion at 10.2% CAGR by 2032
Digital Experience Platform Market Size to Cross US$ 29.5 Billion at 10.2% CAGR …
The market for digital experience platforms is expected to expand at a remarkable 10.2% CAGR. It is anticipated to increase from US$ 9.9 billion in 2021 to around US$ 29.5 billion by 2032. A deeper level of customer involvement has been achieved through the evolution of digital customer platform integration, which began with content management systems (CMSs) in the 1980s and web experience management (WEM) solutions in the 1990s. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲
Fiber Optic Gyroscope Market to Hit US$ 1,760.9 Million with 6.2% CAGR Growth by 2032
Fiber Optic Gyroscope Market to Hit US$ 1,760.9 Million with 6.2% CAGR Growth by …
The fiber optic gyroscopes market is still expanding due to the need for dependable equipment for military and aerospace applications. With a compound annual growth rate (CAGR) of 6.2%, the global fiber optic gyroscope market is projected to reach a valuation of US$ 968.2 million in 2022 and US$ 1,760.9 million by the end of 2032. The market for fiber optic gyroscopes is anticipated to grow as a result of the
Active Pharmaceutical Ingredient Market Size to Surpass US$ 307.5 Billion Growth by 2034, Exhibit a CAGR of 4% |Fact.MR
03-29-2024 | Health & Medicine
Fact.MR
Active Pharmaceutical Ingredient Market Size to Surpass US$ 307.5 Billion Growth …
The global active pharmaceutical ingredients market (医薬品原薬市場) is valued at US$ 207.9 billion in 2024 and is expected to reach US$ 307.5 billion by the end of 2034. It represents a constant growth and annual growth rate (CAGR) of 4% for ten years from 2024 to 2034. Markets act as a fundamental cornerstone of the pharmaceutical industry and play an important role in achieving the therapeutic effect of drugs. Active pharmaceutical
Ambulance Stretcher Market to Hit US$ 273.4 Million at CAGR of 0.7% by 2034 |Fact.MR
03-29-2024 | Health & Medicine
Fact.MR
Ambulance Stretcher Market to Hit US$ 273.4 Million at CAGR of 0.7% by 2034 |Fac …
The global ambulance stretcher market is currently valued at USD 254.2 million by 2024. During the forecast period to 2034, the market is expected to grow gradually at a modest compound annual growth rate (CAGR) of 0.7% to reach USD 273.4 million by the end of 2034. This growth is due to a number of factors such as demographic changes, advances in health technology and increasing demand for efficient emergency

All 5 Releases


More Releases for Articulated

Global Articulated Robots Industry Market Analysis & Forecast
In the Global Articulated Robots Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of
Global Articulated Trucks Market Data Survey Report 2025
Global Articulated Trucks Market advertise. Verbalized Global Articulated Trucks is an exceptionally huge rock solid sort of Global Articulated Trucks used to transport stacks over unpleasant territory, and every so often open streets. The fundamental body of the Global Articulated Trucks Market is commonly founded on that of a flatbed truck, with one hub underneath the taxi and somewhere in the range of one to three axles underneath the landfill
Articulated Robot Market: Rising Manufacturing Industries to Propel the Need for …
As per the TMR analysis, the global articulated robot market is expected to reach US$ 22.93 bn by the end of the forecast period in 2026 from US$ 6.05 bn in 2016. The market is expected to rise at a CAGR of 14.22% for articulated robot during the same tenure. The automotive segment under the industry vertical category is projected to expand at CAGR of 13% during the forecast period.
Articulated Robot Market: Rising Manufacturing Industries to Propel the Need for …
The global report on articulated robot market is expected to experience high demand, as the key players in the market are adopting new technologies to enhance the working of articulated robots, as analyzed by Transparency Market Research (TMR). The application of articulated robot is seen in various industries such as medical and pharmaceutical, automotive, and food and beverages industries, that will significantly boost the market during the forecast period starting
Articulated Industrial Robots: Global Market 2016-2021
ReportsWeb.com published “Articulated Industrial Robots Market” from its database. 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. As major forms of industrial robots, articulated robots take most of the share in global fast-growing industrial robots market. Both the unit shipment and the sales revenue of articulated robots are forecast to grow
Global Market for Articulated Industrial Robots:2016-2021
As major forms of industrial robots, articulated robots take most of the share in global fast-growing industrial robots market. Both the unit shipment and the sales revenue of articulated robots are forecast to grow at two-digit CAGRs throughout 2016-2021. Strongest drivers of the rapid growth will be the automotive industry followed by the electronics industry. Emerging economics are contributing greatly to the growth and gaining an increasing share in global