openPR Logo
Press release

Dump Trucks Market is anticipated to witness phenomenal growth by 2025

07-10-2019 10:31 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Dump Trucks Market

Dump Trucks Market

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 for a sample copy of this report @
www.gminsights.com/request-sample/detail/3272

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. 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.

Major players operating in the dump trucks market include:
• Caterpillar Inc.
• Komatsu Ltd.
• Hitachi Construction Machinery
• Liebherr Group
• Volvo Trucks
• Sany Group
• Terex Trucks

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.

Make an Inquiry for Purchasing this Report @
www.gminsights.com/inquiry-before-buying/3272

Dump Truck Market, By Type:
• Articulated
• Rigid

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.

Tipper Trucks Market, By End-Use:
• Construction
• Mining

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.

Browse Report Summery @
www.gminsights.com/industry-analysis/dump-trucks-market

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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 Dump Trucks Market is anticipated to witness phenomenal growth by 2025 here

News-ID: 1801281 • Views: 193

More Releases from Global Market Insights Inc.

North America Machine learning as a service market size to witness significant C …
Global Market Insights adds global Machine Learning as a Service Market report which focuses on the major drivers and restraints for the key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2213 North America dominates the machine learning as a service market owing to high demand for integrating machine learning with
What’s driving the text analytics market report?
Text Analytics Market report gives attention to market segmentation, market size, and forecast of 2019-2025 to help stakeholders in making a good decision for the future investments. The industry report segmented into types, application, and regions with providing production, revenue, import/export. North America holds a major share of the text analytics market owing to availability of advanced IT infrastructure in the region coupled with a thriving e-commerce industry. With rapid adoption
Mobile video surveillance market 2019: Evolving Technology, Trends and Industry …
Mobile video surveillance market report gives attention to market segmentation, market size, and forecast of 2019-2025 to help stakeholders in making a good decision for the future investments. The industry report segmented into types, application, and regions with providing production, revenue, import/export. Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2269 North America mobile video surveillance market is predicted to grow significantly during the forecast timespan. This growth can be
Global cybersecurity market Likely to Emerge over a Period of 2019 – 2024
The North America region is leading the cybersecurity market with over 40% share in 2017. The increasing investments and acquisition of cybersecurity start-ups by major players in the region are adding to market growth. The European region accounted for over 20% market share of the cybersecurity market in 2017. The rising public-private partnerships and government investments are driving the cybersecurity market in the region. The government has also enforced various

All 5419 Releases