Press release
What's driving the Dump Trucks Market trends? Volvo Group, Liebherr Group, Bell Trucks America, Inc., Caterpillar, CNH Industrial N.V., Deere & Company, Doosan Corporation, European Truck Factory GmbH, Hitachi Construction Machinery, Komatsu Ltd., OJSC Be
Dump Trucks Market
Dump Trucks Market is expected to exceed USD 24 billion by 2025. The increasing requirement for transporting heavy & bulky materials and rubbles for recycling in construction & mining activities will drive the tipper trucks market demand. The customers including mining companies and private & government contractors are deploying these heavy-duty vehicles to improve the operational productivity & gain efficiency in transportation at various sites.
Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/2057038?utm_source=openpr.com&utm_medium=Abhijeet
Major players operating in the dump trucks market include Caterpillar Inc., Komatsu Ltd., Hitachi Construction Machinery, Liebherr Group, Volvo Trucks, Sany Group, Terex Trucks, etc. These companies are involved in launching new machines and accessories for specific application & capacity requirements. Additionally, the companies are developing relations with rental providers due to the increasing demand for rental machines across the global tipper trucks market.
Dumpers are mainly used for transportation purposes and are available in various types and capacity specifications for recycling, dumping, and landscaping applications. Additionally, a rapid expansion of the global construction sector including complex projects is anticipated to drive the dump trucks market growth.
In the dump trucks market, articulated models are witnessing high demand due to the improving engines, capacity, and fuel-efficient features incorporated into the newly developed machines. These vehicles are capable of transporting materials through rough terrains, further supporting the utilization in complex mining projects. The machines are increasingly used in recycling activities due to higher flexibility as compared to the rigid models. Companies are developing trucks with new engines and capacities to serve varying customer requirements. For instance, in April 2018, Caterpillar announced the launch of its three new articulated trucks including new operator stations and engines.
Mining applications in the tipper trucks market are growing rapidly owing to the high utilization of these machines in transporting the extracted materials and waste from one site to another. The manufacturers have developed specialized mining vehicles for operations in open cast mines, rough terrains, etc.
Additionally, the increasing mining projects in the Middle Eastern and Asian countries add up to the prospects for high tipper demand, driving the dump trucks market growth. The mining companies are focused on deploying machines with low emission and low fuel consuming machines to reduce pollution and carbon amounts from mining activities. Such initiatives along with the need for recycling hazardous waste are creating a high demand for the dumpers.
The Europe dump trucks market is developing at a rapid pace owing to the construction & infrastructure transformation projects in Germany, the UK, France, etc. These countries are moving toward urbanized infrastructures due to the demand from the population. Government initiatives, such as usage of technically advanced and low carbon emitting construction machines, are major drivers for the tipper trucks market expansion.
The European government is focused on operator and worker safety on all construction sites and has mandated several safety-related manufacturing standards for machine manufacturers. As a result, companies are launching products that focus on safety in this region. For instance, in July 2018, Komatsu announced the launch of its new rigid truck model, HD1500-8 in Europe, which includes several operator safety features.
Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/2057038?utm_source=openpr.com&utm_medium=Abhijeet
Report Content
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Dump Trucks Industry Insights
Chapter 4. Dump Trucks Market, By Type
Chapter 5. Dump Trucks Market, By Capacity
Chapter 6. Dump Trucks Market, By End-Use
Chapter 7. Dump Trucks Market, By Region
Chapter 8. Company Profiles
8.1. Bell Trucks America, Inc.
8.2. Caterpillar
8.3. CNH Industrial N.V.
8.4. Deere & Company
8.5. Doosan Corporation
8.6. European Truck Factory GmbH
8.7. Hitachi Construction Machinery
8.8. Komatsu Ltd.
8.9. Liebherr Group
8.10. OJSC Belaz
8.11. Sany Group
8.12. Terex Trucks
8.13. Volvo Group
8.14. XCMG Group
buying decision on this premium report https://www.marketstudyreport.com/enquiry-before-buying/2057038?utm_source=openpr.com&utm_medium=Abhijeet
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
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 What's driving the Dump Trucks Market trends? Volvo Group, Liebherr Group, Bell Trucks America, Inc., Caterpillar, CNH Industrial N.V., Deere & Company, Doosan Corporation, European Truck Factory GmbH, Hitachi Construction Machinery, Komatsu Ltd., OJSC Be here
News-ID: 1774971 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Truck
Rush Truck Park Opens Secure Truck Parking Facility in Phoenix, AZ
Rush Truck Park announces the opening of a high security, short and long term parking facility for trucks, trailers, machinery and storage containers in Phoenix, AZ. With 24/7 access and convenient location in the heart of Phoenix, Rush Truck Park aims to become Arizona's premier truck parking destintation.
In response to the growing demand for secure and accessible truck parking solutions, Rush Truck Park is excited to announce the opening of…
Hydrogen Fuel Cell Truck Market By Truck Type (Light Duty Truck, Medium Duty Tru …
Hydrogen Fuel Cell Truck Market Size
By truck type, the heavy duty truck segment was the highest revenue contributor to the market, and is estimated to reach $1,763.4 million by 2032, with a CAGR of 32.9%.
Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-0H932/Hydrogen_Fuel_Cell_Truck_Market_By_Truck_Type_Light_Duty_Truck_Medium_Duty_Truck_Heavy_Duty_Truck_By_Range_Below_400_Km_Above_400_km_By_Power_Output_Below_150_KW_151_250_KW_Above_250_KW_Global_Opportunity_Analysis_and_Industry_Forecast_2023_2032
Hydrogen Fuel Cell Truck Market By Truck Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck), By Range (Below 400 Km, Above 400 km), By Power Output (Below 150 KW, 151 -…
Freight Trucking Market : Dry van & box truck, Refrigerated truck, Tanker truck …
The global freight trucking market was valued at $2,732 billion in 2021, and is projected to reach $4,457.4 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
Asia-Pacific is expected to dominate the global freight trucking market in 2021. The growth of the market in Asia-Pacific is majorly attributed to the booming e-commerce industry in emerging economies in the region. High government support for development of logistics…
Freight Trucking Market : Dry van & box truck, Refrigerated truck, Tanker truck …
According to a new report published by Allied Market Research, titled, "Freight Trucking Market," The freight trucking market was valued at $2,732.00 billion in 2021, and is estimated to reach $4,457.4 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
Asia-Pacific is expected to dominate the global freight trucking market in 2021. The growth of the market in Asia-Pacific is majorly attributed to the booming e-commerce industry…
Commercial Truck Leasing Market Report- Applications, Type, Deployment, Organiza …
The Commercial Truck Leasing Market research report presents an intensive and coordinated exploration of the current circumstance, market key elements, Commercial Truck Leasing Market methodologies, and central participants' development in the business. The investigation helps controllers and corporate leaders in developing cost-effective decisions. Commercial Truck Leasing Market provides an evenhanded and extensive assessment of existing examples, factors, obstacles, limits, headway, possibilities/quick development areas that will help partners create business plans…
Semi-Autonomous Truck Truck Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the Semi-Autonomous Truck Truck market analysis, which studies the Semi-Autonomous Truck Truck's industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global "Semi-Autonomous Truck Truck Market 2020-2025" Research Report categorizes the global Semi-Autonomous Truck Truck market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players…
