Global Articulated Hauler Market Trends & Growth Projections Studied During 2018 – 2028 || Top Growing Industries-Volvo Group, Doosan Corporation, Caterpillar, Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Deere & Company, Liebherr Group, CNH I

The articulated hauler market is marked by a handful of companies that address a bulk of the articulated hauler demand from end-use industries. Cost-intensive nature of the product further intensifies the consolidation of prominent players’. Top 6 companies in the Tier 1- Caterpillar, Komatsu, Volvo, CNH Industrial N.V, Deere & Company and Hitachi Construction collectively hold over half the articulated hauler market share. In a bid to maintain the larger market share, top companies are engaged in R&D investments, new product launch and regional expansion activities.

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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.

Prominent Players Strengthen Dealer Network with Enhanced Focus on Customer Value

The supply chain of the articulated hauler market involves the distribution of equipment and services from OEMs to dealers to end customers. As sales of articulated hauler are currently dominated by dealer network, prominent players are engaged in strengthening their distribution, particularly to lead customer value in terms of effectively addressing uptime issues and equipment lifecycle value.

Volvo CE has initiated changes such as territory expansion and emergence of new dealers in the company’s North America dealer network in 2017.
Bell Equipment has announced dealer network expansion in North America which functions through its North Carolina facility in May 2018.
In August 2018, Terex Trucks signed three new dealers in the French construction market which is marked by in-pipeline multiple big-ticket construction projects.
Connected Services – Must-Have Asset for Stakeholders to Gain Profits from Direct Equipment Sales

Current sales strategy of articulated hauler market involves working with dealers. However, the current distribution strategy lacks configuration abilities and efficient price and invoice services. This further limits scalability in the evolving industry landscape wherein the number of buyers are changing from a handful of dealers to millions of direct customers.

Innovative connected services aligned with the ongoing digitalization have assisted B2C business models in better service offerings. When involved in a mix of distribution channels in which equipment is sold directly to customers, OEMs in the heavy-duty equipment market usually have stronger control over direct-to-consumer sales. By providing better service offerings through connected services, manufacturers in the articulated hauler market are aiming to strengthen the existing distribution network and gain profits from direct-to-consumer equipment sales.

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Competitive Landscape

The competitive landscape assessment offered in the articulated hauler market report is one of the most insightful section that delivers information of latest and notable developments undertaken by key players in the articulated hauler market.  Some of the profiled players in the articulated hauler market include Volvo Group, Doosan Corporation, Caterpillar, Inc., Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Deere & Company, Liebherr Group, CNH Industrial N.V., XCMG Group and Bell Trucks America, Inc.

The articulated hauler market players are leveraging strategies such as the integration of advanced technologies and introduction of advanced models of articulated haulers.

Caterpillar, one of the top manufacturer in the articulated hauler market, re-introduced its Cat 740 GC articulated hauler – the 40-ton size range in the company’s articulated hauler range. The reintroduced model features an advanced automatic retarder-control system for improved operator efficiency.

Komatsu, a leader in the articulated hauler market has launched two new models of articulated haulers - 28t capacity HM300-5 and 40t capacity HM400-5, in June 2018. Both the articulated haulers feature low-emission Tier 4 Final emission certification and Komatsu’s advanced truck transmission system.

Bell Equipment, one of the articulated hauler specialists, showcased its four-wheel-drive, the Bell B30E 4x4 at the International Exhibition for Construction and Infrastructure (INTERMAT) 2018. The new articulated hauler design is suitable for small and medium-sized quarries with integrated aggregate production facilities.

Segmentation

The articulated hauler market structure includes multiple segments that are categorized based on payload capacity, engine power and end-use industry. The articulated hauler market structure is determined after following the thorough research of the supply-demand equation in the construction equipment market, making the segmentation the most useful categories for users to completely fathom the progress of the articulated hauler market in detail.

The articulated hauler market study also includes regional analysis of a total seven regions including North America, Latin America, Europe, CIS & Russia, APEJ, Japan and MEA. 

Research Methodology

The articulated hauler market report provides in-detailed discussion regarding the methodology of research followed during the course of the study of the articulated hauler market. A thorough discussion on the research methodology enables users to understand the study objectives and clarifies discrepancies related to the assumptions and forecast made in the articulated hauler market report.

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Table of Content:

Articulated Hauler Market- Executive Summary
   1.1. Market Overview

   1.2. FMR Analyzed

   1.3. Articulated Hauler Market Opportunity Assessment

        1.3.1. Winning and Losing Components

   1.4. Market White Spaces Analysis and Wheel of Fortune Opportunity Analysis

   1.5. Mega Trends

Global Articulated Hauler Market Introduction
   2.1. Introduction & Definition

   2.2. Market Taxonomy

Market Dynamics
   3.1. Key Market Trends and Drivers

   3.2. Key Challenges

Associated Industry Assessment
   4.1. Global Construction Equipment Industry Overview

        4.1.1. Global Construction Equipment Industry Analysis (US$ Mn and Units) and Forecast, 2013-2028

        4.1.2. Global Construction Equipment Industry Analysis and Forecast by Region, 2018 & 2028

        4.1.3. Global Construction Equipment Market Analysis and Forecast by Product Type, 2018 & 2028

               4.1.3.1. Wheeled Loaders

               4.1.3.2. Crawler Excavators

               4.1.3.3. Blackhoe Loaders

               4.1.3.4. Mini Excavators

               4.1.3.5. Articulated Hauler

               4.1.3.6. Other Product Types

        4.1.4. Market Attractiveness Analysis by Product Type

        4.1.5. List of Top Countries in Construction Equipment Industry, 2017

        4.1.6. Unique Characteristics in Construction Equipment Industry

Key Indicator Assessment
   5.1. Supply Chain

   5.2. Macro-Economic Factors Influencing Demand

   5.3. Articulated Hauler Market Transformation Framework

   5.4. Growth Imperatives for Articulated Hauler Vendors

   5.5. Comparison between Heavyweight and Lightweight Vehicles by Product Types

   5.6. Comparison between Articulated Hauler and Rigid Hauler by Payload Capacity

Continued……………..

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