Press release
The Global Articulated Hauler Market Is Forecast To Surpass USD 10.9 Billion By 2032, Growing At A CAGR Of 6% During 2022-2032
The global articulated hauler market accounts for ~3% revenue generation for the global construction machinery market. It is projected to rise with a CAGR of 6% and generate an absolute dollar opportunity of nearly USD 5.5 billion between 2022 & 2032.Governments have increased the investments in industrialized and emerging countries for the development of infrastructure projects are anticipated to drive market growth. For instance, according to the Euro construct report, in 2019, construction output reached about USD 1,900 Billion in European countries.
According to a Fact.MR report, the construction industry constant demand for articulated haulers underlies the articulated hauler market's consistent expansion. Manufacturers in the articulated hauler market continually propose new B2C business models that supply improved service offerings to clients to efficiently satisfy demand from end-user industries and increase stabilized sales through the dealer network.
๐๐น๐ถ๐ฐ๐ธ ๐๐ฒ๐ฟ๐ฒ ๐ง๐ผ ๐ด๐ฒ๐ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐๐ป๐ฐ๐น๐๐ฑ๐ถ๐ป๐ด ๐๐๐น๐น ๐ง๐ข๐, ๐ง๐ฎ๐ฏ๐น๐ฒ & ๐๐ถ๐ด๐๐ฟ๐ฒ๐):https://www.factmr.com/connectus/sample?flag=S&rep_id=2234
๐๐ฟ๐ผ๐๐๐ต ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฎ๐น ๐ฎ๐ป๐ฑ ๐จ๐๐ถ๐น๐ถ๐๐ ๐ฆ๐ฒ๐ฐ๐๐ผ๐ฟ ๐๐ฟ๐ถ๐๐ถ๐ป๐ด ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐๐ฟ๐๐ถ๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐ฎ๐๐น๐ฒ๐ฟ๐
The growth of the industrial and utility sector is expected to create opportunities for articulated haulers. The continuing rise in the utility and industrial sector, particularly in emerging economies such as Brazil, India, China and others is driving the demand for construction equipment.
Moreover, initiatives taken by infrastructure planning commissions and policymakers are further supporting the growth of the industry in such countries. Rural and urban infrastructure projects associated with oil & refineries, mining & roads, dams, highways, railways & metros and power infrastructure development are expected to create value propositions for the articulated hauler Market in the coming years.
๐ช๐ต๐ถ๐ฐ๐ต ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป ๐๐ฐ๐ฐ๐ผ๐๐ป๐๐ ๐ณ๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐ต๐ฎ๐ป๐ฐ๐ฒ๐ฑ ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐ฎ๐ฟ๐๐ถ๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐ต๐ฎ๐๐น๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
Asia Pacific region has been segregated into two regions includes East Asia and South Asia & Oceania. East Asia articulated hauler market is the one furthermost profitable market. It has acquired more than 1/4th market share of the global market.
In addition, the East Asian market is largely dominated by the Chinese articulated hauler market which has acquired more than 3/4th market share followed by Japan and South Korea. East Asia is projected to grow at a CAGR of 6.1% and generate an absolute dollar opportunity of more than USD 1.2 billion by the end of 2032.
Further, as many articulated hauler companies are based in East Asia Region, the demand for articulated haulers in Japan and South Korea is projected to grow at a CAGR of 5% over the assessment years of 2022-2032. Additionally, investments in the articulated hauler market it is expected to trigger market growth in the coming years.
๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐-๐๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
๐ช๐ต๐ถ๐ฐ๐ต ๐ฃ๐ฎ๐๐น๐ผ๐ฎ๐ฑ ๐๐ฎ๐ฝ๐ฎ๐ฐ๐ถ๐๐ ๐ผ๐ณ ๐๐ฟ๐๐ถ๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐ฎ๐๐น๐ฒ๐ฟ๐ ๐ถ๐ ๐ฒ๐ ๐ฝ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐ผ ๐ฏ๐ฒ ๐๐ต๐ฒ ๐๐ฎ๐ฟ๐ด๐ฒ๐๐ ๐๐ผ๐ป๐๐ฟ๐ถ๐ฏ๐๐๐ผ๐ฟ ๐ฑ๐๐ฟ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐ฃ๐ฒ๐ฟ๐ถ๐ผ๐ฑ ๐ถ๐ป ๐๐ฟ๐๐ถ๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐ฎ๐๐น๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
Based on payload capacity, the global articulated hauler market has been segregated into three categories including less than 30 Million tons, 30-40 Million Tons, more than 40 Million Tons. Payload capacity 30-40 Million tons is the leading segment that has acquired nearly 60% market share in the overall market. It is projected to increase at a CAGR of 6.5% between 2022 & 2032.
๐ช๐ต๐ถ๐ฐ๐ต ๐๐ป๐ฑ-๐จ๐๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ถ๐ ๐ฝ๐ผ๐ถ๐๐ฒ๐ฑ ๐๐ผ ๐ฆ๐ต๐ผ๐ ๐น๐๐ฐ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐๐ฟ๐ผ๐๐๐ต ๐ถ๐ป ๐๐ฟ๐๐ถ๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐ฎ๐๐น๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
Articulated Haulers have been used in Mining, Construction, Forest & Agriculture industries. Mining is the second-largest market shareholder in the global market. The mining industry's current situation creates a need and an opportunity to address the financing challenges of the industry. Prices have abruptly declined since January 2020 in many commodities, including thermal zinc, coal, steel, aluminum, copper, lead, iron ore, nickel, and metallurgical coal.
However, increasing demand for raw materials such as zinc, steel etc. may boost the global mining industry. In turn, this is projected to drive demand for articulated haulers to use in mining to transport the ore and other materials.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐๐ผ๐๐ป๐๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=2234
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ: ๐ง๐ผ๐ฝ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ถ๐ป ๐๐ฟ๐๐ถ๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐ฎ๐๐น๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The global articulated hauler market is fragmented due to the presence of several regional and domestic players. The players have adopted numerous such as mergers and acquisitions, expansions, collaborations and partnerships to expand the consumer base globally.
Also, the leading companies have adopted new product development as a key strategy to upscale their market presence among consumers. These strategies have resulted in the integration of advanced articulated hauler.
Fact.MR has provided detailed information about price points of top manufacturers of articulated hauler market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
โข On 7th July 2021, has acquired an Ireland based a multinational company MDS International. Through this acquisition, company will be able to expand its operations as well as consumer base.
โข On 29th October 2021, Rokbak has launched the new RA30 and RA40 articulated haulers in the UK market. Through this launch company has taken entry in the region to acquire consumers and compete with leading companies.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ:
โข Volvo
โข Caterpillar
โข Komatsu
โข John Deere
โข Hitachi Australia
โข Liebherr Group
โข Doosan
โข Bell Trucks America, Inc.
โข Hydrema
โข CNH Industrial N.V.
โข XCMG
โข Other Key Players
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ฟ๐๐ถ๐ฐ๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐ฎ๐๐น๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐ถ๐๐ฒ๐ฑ
By Payload Capacity :
โข Less than 30 Million Tons
โข 30-40 Million Tons
โข More than 40 Million Tons
By Engine Power :
โข Up to 400 HP
โข 400-500 HP
โข More than 500 HP
By End Use Industry :
โข Mining
โข Construction
โข Forest & Agriculture
By Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia & Oceania
โข MEA
๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ฒ๐ฑ ๐๐ผ ๐ฃ๐ฟ๐ผ๐ฐ๐๐ฟ๐ฒ ๐ง๐ต๐ฒ ๐๐ฎ๐๐ฎ? ๐๐ป๐พ๐๐ถ๐ฟ๐ฒ ๐ต๐ฒ๐ฟ๐ฒ ๐ฎ๐ -https://www.factmr.com/checkout/2234
๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐
The study offers comprehensive analysis on diverse features, including price point analysis at each product and brand level, consumer survey analysis, social media sentiment analysis, product bench marking and revenue generation from dermatological products across the globe.
A comprehensive estimate on the market has been provided, taking into account the revenue of dermatological products companies during the forecast period.
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
https://www.prnewswire.com/news-releases/dairy-stabilizers-to-record-us-122-2-million-sales-by-2032-as-consumption-of-dairy-products-continue-to-surge-301595961.html
https://www.prnewswire.com/news-releases/rising-usage-in-petrochemical-and-food--beverage-industries-to-steer-float-switch-sensor-market-past-us-9-22-billion-by-2032--301597524.html
https://www.prnewswire.com/news-releases/need-for-odour-control-textiles-in-sports-and-medical-sector-to-create-us-8-64-billion-market-opportunity-in-2032--301597538.html
Contact:
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Email: sales@factmr.com
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Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
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