openPR Logo
Press release

Global Articulated Hauler Market Focusing on Product Innovation and Advanced Features through 2018-2028 | Key Players are Komatsu Ltd., Volvo Group, Doosan Corporation, etc.

09-13-2019 08:29 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Articulated Hauler Market Focusing on Product

Fact.MR has published a new research report on global articulated hauler market sizes, upcoming industry trends and growth opportunity through 2018-2028 to its online database that tries to unveil the various scenarios prevailing in the global articulated hauler market insights. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the articulated hauler market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.

Get A Sample Copy of Market Report Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=2234

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.

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.

Equipment Rental Remains a Key for Articulated Hauler Manufacturers to Leverage Temporary Equipment Solutions Requirements

Construction industry heavily relies on temporary works wherein equipment hire continues to remain at the centerstage. Considering the cost-intensive nature of the equipment, heavy-duty equipment including articulated haulers are primarily rented rather than owned. Further, in a bid to make significant savings, end-use industries of the articulated hauler market show a significant inclination towards rental solutions. Prominent players in the articulated hauler market such as Volvo CE, Bell, Caterpillar and Deere & Company provide on-demand rental services to cater to the growing demand for temporary equipment solutions. Services such as customized rental packages with quality assurance and maintenance support are provided through dealers of these prominent articulated hauler market players.

Ask Industry Expert about this Report here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=2234

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.

Contact Us

FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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 Global Articulated Hauler Market Focusing on Product Innovation and Advanced Features through 2018-2028 | Key Players are Komatsu Ltd., Volvo Group, Doosan Corporation, etc. here

News-ID: 1832710 • Views:

More Releases from Fact.MR

System Integration Market Is Projected To Rise At A CAGR Of 18.7% Through 2034: Fact.MR Report
System Integration Market Is Projected To Rise At A CAGR Of 18.7% Through 2034: …
The global system integration market is estimated to have a valuation of US$ 401.8 billion in 2024. Projections put the CAGR of the market for the 2024 to 2034 period at a remarkable 18.7%. The market's growth over the forecast period is set to inflate significantly, reaching a projected value of US$ 2,236.6 billion by 2034. The System Integration Industry sales study offers a comprehensive analysis on diverse features including production
Bromelain Market Is Forecasted To Reach US$ 56.2 Million By The End Of 2034: Fact.MR Report
Bromelain Market Is Forecasted To Reach US$ 56.2 Million By The End Of 2034: Fac …
Bromelain market size is pegged at US$ 27.3 million for 2024. Worldwide demand for bromelain is predicted to increase at a robust CAGR of 7.5% and reach a market value of US$ 56.2 million by the end of 2034. The Bromelain Industry sales study offers a comprehensive analysis on diverse features including production capacities, Bromelain demand, product developments, sales revenue generation and Bromelain market outlook across the globe. market research report by
Writing Instruments Market Is Projected To Reach US$ 20.54 Billion By The End Of 2034: Fact.MR Report
Writing Instruments Market Is Projected To Reach US$ 20.54 Billion By The End Of …
The global writing instrument market size is calculated at US$ 14.28 billion for 2024 and is projected to reach US$ 20.54 billion by 2034-end. Worldwide demand for writing instruments is projected to expand at a CAGR of 3.7% from 2024 to 2034. The Writing Instrument Industry sales study offers a comprehensive analysis on diverse features including production capacities, Writing Instrument demand, product developments, sales revenue generation and Writing Instrument market outlook
Lifesciences Data Mining and Visualization Market Rising at 9.1% CAGR to Reach US$ 19.9 Billion by 2033
Lifesciences Data Mining and Visualization Market Rising at 9.1% CAGR to Reach U …
The worldwide data mining and visualization market in the life sciences sector is projected to exceed $8.3 billion by 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.1%, reaching $19.9 billion by 2033. In 2022, revenue from data mining and visualization in the life sciences amounted for 7% of the total data analytics market. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗢𝗳 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.factmr.com/connectus/sample?flag=S&rep_id=459 Using data mining and visualization

All 5 Releases


More Releases for Volvo

L1 Self-driving Vehicle Market by Top Leading Manufacturers - GM, Ford, Daimler( …
Market Insights Reports released a new study on 2021-2027 L1 Self-driving Vehicle Market with 100+ data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The Global L1 Self-driving Vehicle Market Report provides an in-depth assessment of the given sector’s current position and central factors. The study considers the present scenario of the L1 Self-driving Vehicle market and its market dynamics for the period 2021-2027. It covers a detailed
Heavy Haulage Trucks Market Key manufacturers - Swedish truck manufacturer, Volv …
Heavy haulage trucks are mainly used for transportation of freight cargo ranging from seed and grain to gravel and earthworks supplies. Present-day heavy haulage trucks offer safer, reliable, and efficient transportation of goods and are equipped with satellite tracking technology that can monitor location, speed, driving hours and other important information. Rapid growth in infrastructural development activities across the globe is one of the key factors driving the demand for
Construction Equipment Market 2019 Global Leaders Volvo Construction Equipment - …
Construction Equipment (Machinery) Market is anticipated to exceed USD 170 billion by 2024. The globally flourishing construction sector is surging the demand for high-performance machinery that aids in reducing human involvement in the construction process. The Asia Pacific construction equipment market will witness a strong growth owing to the growing government focus toward the construction sector. Initiatives, such as Make in India and Made in China 2025, supporting the
Construction Equipment Market By Top Key Players Volvo Construction Equipment - …
Construction Equipment (Machinery) Market is anticipated to exceed USD 170 billion by 2024. The globally flourishing construction sector is surging the demand for high-performance machinery that aids in reducing human involvement in the construction process. The Asia Pacific construction equipment market will witness a strong growth owing to the growing government focus toward the construction sector. Initiatives, such as Make in India and Made in China 2025, supporting the
Construction Equipment Market By Regional Manufacturers Volvo Construction Equip …
Construction Equipment Market is anticipated to exceed USD 170 billion by 2024. The globally flourishing construction sector is surging the demand for high-performance machinery that aids in reducing human involvement in the construction process. The Asia Pacific construction equipment market will witness a strong growth owing to the growing government focus toward the construction sector. Initiatives, such as Make in India and Made in China 2025, supporting the infrastructure
Global Medium Commercial Vehicles Market 2016: Focuses on top players VOLVO, Sca …
The Medium Commercial Vehicles research report by QY Research represents an inclusive evaluation of the Global Medium Commercial Vehicles Market and comprises considerable insights, historical data, facts, and statistical and industry-validated data of the global market. Additionally, it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions. The research report highlights informative data and in-depth analysis of Medium Commercial Vehicles market and