Dump Trucks Market 2020 Will Grow at Healthy CAGR of 8.95% by 2027 With Global Players - Caterpillar, BAS Mining Trucks, OJSC BELAZ, Cummins Inc

Market Insights
Global dump trucks market is set to witness a substantial CAGR of 8.95% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Rising mining activities and increasing investment in transportation are the factor for the growth of this market.
Dump trucks are those trucks which are usually used in the construction sites so that they can carry sand, demolition waste and other materials. Rear dump trucks, roll- off dumb trucks, side dump trucks are some of the common types of the dump trucks. They are available with different engine capacity and widely used for construction, mining, agriculture and other activities. Increasing mining and construction activities worldwide is the major factor fuelling the growth of this market.

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Market Drivers:
• Increasing urbanization worldwide will drive the market growth
• Rising mining and construction activities worldwide will also propel market
• Growing demand for precious metal worldwide will also contribute as a factor for the market growth
• Increasing popularity of electric and advanced dump truck is also driving the growth of this market
Market Restraints:
• High maintenance cost of dump truck will restrain the growth of this market
• Lack of skilled and trained professional is also restricting the growth

Major Market Players Covered in the Dump Trucks Market Are:
Few of the major competitors currently working in the global dump trucks market Caterpillar, BAS Mining Trucks, OJSC BELAZ, Cummins Inc., Liebherr Group, Komatsu Europe International N.V., Hitachi Construction Machinery Co., Ltd, Kubota-Gear.com, J C Bamford Excavators Ltd., Deere & Company., AB Volvo, Rogers Dump Bodies, AdvanceQuip, NAVISTAR, INC., Mack Trucks, KrAZ, Peterbilt, Terex Equipment P.Ltd., Volkswagen, DUX MACHINERY CORPORATION, and others.

Global dump trucks market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of dump trucks market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Global Dump Trucks Market Scope and Market Size

By Type
o Rear, Side
o Roll- Off
o On-Road Dump Truck
o Off-Road Dump Truck

By End- User
o Construction
o Mining
o Infrastructure
o Military
o Agriculture
o Others

By Engine Capacity
o 5L
o 5L to 10L
o More Than 10L

By Application
o Building Construction
o Mining Industry

Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific

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Strategic Points Covered in Table of Content of Global Dump Trucks Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports

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