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Global Mining Dump Trucks Market Key Players And Growth Analysis With Forecast | 2025
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Based on product type, the global mining dump trucks market can be segmented into rear dump trucks, bottom dump trucks, lube trucks, tow trucks, water trucks, and others. Mining dump trucks are large-bottom dump trucks, which transport or haul a large amount of materials. The choice of the type and size of a mining dump truck would depends on numerous factors including the size of mine, type of mine, mined minerals, excavation machinery available, and the capital investable or invested. Based on capacity, the mining dump trucks market can be segmented into: 90–110 metric tons, 127–150 metric tons, 154–190 metric tons, 218–255 metric tons, 290 metric tons, and 308–363 metric tons. Based on mining type, the market can be segregated into open-pit mining and underground mining. There are several companies involved in the supply of dumping trucks. Generally, they have short-term or long-term contracts with the mining companies.
Several mining companies across the globe are opting for high-capacity mining dump trucks with greater operational efficiency. Increase in the exploration of new coalfields and mining of precious metals are the key factors promoting the growth of the mining dump trucks market. Mining trucks, also known as haul trucks, can be efficiently used in off-road and off-highway conditions. Cutting-edge design and technology allow the companies to avoid any breakdown or delay. Mining dump trucks are specifically engineered for use in mining environments and heavy-duty working conditions.
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Key manufacturers and suppliers of mining dump trucks include Caterpillar, Inc., European Truck Factory GmbH, Hitachi Construction Machinery Co., Ltd., AB Volvo, Komatsu Ltd., BAS Mining Trucks, and OJSC Belaz.
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