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Rigid Dump Truck Market to Witness Robust Expansion by 2024– Top Key players like Caterpillar,Hitachi,Komatsu,Inc.
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A rigid dump truck is used for transporting loose material, such as sand, gravel, and demolition waste, for construction and mining purposes. They are an essential part of various construction and mining projects, especially infrastructure development projects where the efficient transportation of materials, such as loose aggregate and large boulders, are of paramount importance.
The classification of Rigid Dump Truck includes Human Driver and Autonomous Dump truck. Human Driver Dump Truck represent 98.1 market share while the Autonomous Dump truck is the emerging product, which enjoying faster growth rate.
Europe region is the largest supplier of Rigid Dump Truck, with a production market share nearly 32% in 2017. China is the second largest supplier of Rigid Dump Truck, enjoying production market share nearly 29.6% in 2017.
China is the largest consumption place, with a consumption market share nearly 27.3% in 2017. While, the developing regions like Brazil, India, etc. are also the emerging market.
According to this study, over the next five years the Rigid Dump Truck market will register a -0.2% CAGR in terms of revenue, the global market size will reach US$ 2210 million by 2024, from US$ 2230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Rigid Dump Truck business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Caterpillar
Hitachi
Komatsu
Liebherr
Belaz
Volvo
Astra
Weichai
Volkswagen
Sinotruk
SANY
XCMG
DAIMLER
SIH
Market Segment by Type, covers
Human Driver
Autonomous
Market Segment by Applications, can be divided into
Mining
Construction
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Related Information:
North America Rigid Dump Truck Market Growth 2019-2024
United States Rigid Dump Truck Market Growth 2019-2024
Asia-Pacific Rigid Dump Truck Market Growth 2019-2024
Europe Rigid Dump Truck Market Growth 2019-2024
EMEA Rigid Dump Truck Market Growth 2019-2024
Global Rigid Dump Truck Market Growth 2019-2024
China Rigid Dump Truck Market Growth 2019-2024
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