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Global Articulated Dump Trucks Market Expected to Witness a Sustainable Growth over 2023
This report studies the Articulated Dump Trucks market. Articulated Dump Truck is a very large heavy-duty type of dump truck used to transport loads over rough terrain, and occasionally public roads. The main body of the dump truck is generally based on that of a flatbed truck, with one axle beneath the cab and anywhere from one to three axles beneath the dump box. The dump box itself generally has a tailgate that is hinged at the top so that it will open automatically when it is being dumped. The dumping mechanism is powered hydraulically in order to prevent compression problems that can sometimes be encountered when using pneumatic systems. The engine of the dump truck can be either gasoline-powered or diesel-powered, but is generally a large internal combustion engine regardless of the fuel type used.
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Global Articulated Dump Trucks Market: Forecast by Type / Application / Region
The growth of this market is driven by the increasing demand for construction equipment. The Articulated Dump Trucks market is projected to grow at a CAGR of 4.32% from 2018 to 2025, from a market size of USD 5268 million in 2017 to USD 7391 million by 2025.
According to this study, over the next five years the Articulated Dump Trucks market will register a 4.4% CAGR in terms of revenue, the global market size will reach US$ 6850 million by 2024, from US$ 5530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Articulated Dump Trucks business, shared in Chapter 3.
Global Articulated Dump Trucks Market: Key Players
Volvo
Caterpillar
Doosan
Komatsu
Bell Equipment
John Deere
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Related Information:
United States Articulated Dump Trucks Market Research Report 2018
Europe Articulated Dump Trucks Market Research Report 2018
North America Articulated Dump Trucks Market Research Report 2018
Asia-Pacific Articulated Dump Trucks Market Research Report 2018
China Articulated Dump Trucks Market Research Report 2018
EMEA Articulated Dump Trucks Market Research Report 2018
Global Articulated Dump Trucks Market Research Report 2018
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