openPR Logo
Press release

Autonomous Mining Truck Market : Diesel, Electric and Hybrid Industry Forecast, 2025-2035, AMR

12-02-2022 02:35 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

According to a new report published by Allied Market Research, titled, "Autonomous Mining Truck Market," The autonomous mining truck market is expected to be valued at $1.6 billion in 2025, and is estimated to reach $12.5 billion by 2035, growing at a CAGR of 23.2% from 2025 to 2035.

Asia-Pacific region is expected to dominate the market in terms of revenue, followed by Europe, North America, and LAMEA. The increasing demand for automated mining equipment with advanced safety application in Asia-Pacific region is driving the growth of autonomous mining truck market in the region.

Download Free Sample - https://www.alliedmarketresearch.com/request-sample/9973

There are prominent key factors that drive the growth of the autonomous mining truck market, such as increase in demand for smart mining, and rise in demand for technologically advanced mining equipment. The market economy is also responsible for the growth of the market. Countries such as China, India, Brazil, and South Africa are developing economies. Thus, the construction and mining sector witnesses' prominent growth in these countries, which is expected to provide lucrative opportunities for the growth of the mining equipment industry. This in turn is expected to fuel the market. Also, in some undeveloped countries, there is an increase in the R&D expenditure for autonomous vehicle, which is expected to boost the autonomous mining truck industry.

The autonomous mining truck market is segmented on the basis of size, propulsion, level of autonomy, type, and region. On the basis of size, it is divided into small, medium, and large. On the basis of propulsion, it is segmented into diesel, and electric & hybrid. By level of autonomy, the market is divided into Level 1 & 2, Level 3, and Level 4 & 5. By type, the market is divided into underground LHD loaders, autonomous hauling trucks, and others. By region, the market is analyzed across North America,

COVID-19 Impact Analysis :

The COVID-19 impact on the automotive industry is unpredictable, and is expected to remain in force for a few years. The COVID-19 outbreak forced governments across the globe to implement stringent lockdowns and ban import-export of essential raw material items for most of 2020, and few months in 2021. This led to sudden decline in availability of important raw materials for vehicle components.

Further, the mining companies should quickly disintegrate all expenditure into what can be stopped, what must be sustained, what can be stalled, and what can be shrunk. With this done, they can prepare a control tower methodology to assess and challenge all of the expenditure regions. In addition, they should mitigate and identify susceptibilities amidst the complexity of their logistics, supplier-network, and products. Moreover, the usage of advanced analytics will additionally escalate the success of hedging strategies intended at apprehending the advantage of today's rare commodities opportunities.

Interested to Procure the Data with Actionable Strategy & Insights? Inquire Before Buying - https://www.alliedmarketresearch.com/purchase-enquiry/9973

KEY FINDINGS OF THE STUDY :

By size, the large segment is expected to register a significant growth during the forecast period.

By propulsion, the electric & hybrid segment is projected to lead the global autonomous mining truck market.

By level of autonomy, the Level 4 & 5segment is projected to lead the global autonomous mining truck market

By type, the underground LHD loaders segment is projected to lead the global autonomous mining truck market

Key market players :

Daimler AG
AB VOLVO
Aptiv
Bosch Ltd.
CONTINENTAL AG
DENSO CORPORATION
EMBARK
MAN SE
Nvidia
PACCAR Inc.
QUALCOMM
Scania
Tesla
TUSIMPLE
WAYMO

Request Customization : https://www.alliedmarketresearch.com/request-for-customization/9973

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

About Us :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Access Full Report : https://www.alliedmarketresearch.com/request-sample/9973

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 Autonomous Mining Truck Market : Diesel, Electric and Hybrid Industry Forecast, 2025-2035, AMR here

News-ID: 2832824 • Views:

More Releases from Allied Market Research

Cocoa Products Market Is Likely to Experience a Tremendous Growth by 2026
Cocoa Products Market Is Likely to Experience a Tremendous Growth by 2026
Multiple health benefits associated with cocoa such as reduced hypertension, protection against sunburn, and decreased chronic fatigue along with protection of tissues against oxidative stress and related pathologies including cancer and inflammation drive the growth of the global cocoa product market. On the other hand, variations in prices and limited availability of cocoa impede the growth of the market. Nevertheless, development of better commercial farming techniques utilized for manufacturing cocoa
APMEA Frozen Bakery Products Market is Anticipated to Increase at a Stable CAGR over the Forecast Period
APMEA Frozen Bakery Products Market is Anticipated to Increase at a Stable CAGR …
According to a new report published by Allied Market Research, titled, "APMEA Frozen Bakery Products Market by Product Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019-2026," The APMEA frozen bakery products market is expected to garner notable growth in the forecast period. This can be attributed to growing adoption of frozen food all around the globe. Moreover, changes in the consumption patterns of people in the APMEA region
Graphene Electronics Market With in-detailed Competitor Analysis, Forecast to 2032
Graphene Electronics Market With in-detailed Competitor Analysis, Forecast to 20 …
Allied Market Research published an exclusive report, titled, "Graphene Electronics Market Size, Share, Competitive Landscape and Trend Analysis Report by Product, By Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2021-2031". The global graphene electronics market was valued at $270.8 million in 2021, and is projected to reach $5.2 billion by 2031, growing at a CAGR of 34.2% from 2022 to 2031 Download Research Report Sample & TOC : https://www.alliedmarketresearch.com/request-sample/142 The graphene
Lithium-Ion Battery Energy Storage System Market Size is projected to reach $17.1 billion by 2031 | Jakson Group, LG Electronics
Lithium-Ion Battery Energy Storage System Market Size is projected to reach $17. …
Allied Market Research published an exclusive report, titled, "Lithium-Ion Battery Energy Storage System Market Size, Share, Competitive Landscape and Trend Analysis Report by Connection Type, by Application : Global Opportunity Analysis and Industry Forecast, 2021-2031". The global lithium-ion battery energy storage system market was valued at $4.5 billion in 2021, and is projected to reach $17.1 billion by 2031, growing at a CAGR of 15% from 2022 to 2031. Download Research Report

All 5 Releases


More Releases for Level

Level Transmitters Market 2022| Industry Growth Rate, Trends, Future Opportunity …
Global Level Transmitters Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
Multi-level liquid level switch Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Multi-level liquid level switch Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Multi-level liquid level switch players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Multi-level liquid level
Level Sensor Market Share, Growth, Trends and Forecast 2018 - 2026: By Applicati …
Global Level Sensor Market: Snapshot Global Level Sensor Market report provides analysis for the period 2016 – 2026, wherein the period from 2018 to 2026 is the forecast and 2017 is the base year. The data for 2016 has been included as historical information. The level sensor report covers all the sensor types, technology, applications and industry verticals playing significant role in the global level sensor market’s growth over the forecast
Level Gauge Market Report 2018: Segmentation by Type (Tank Level, Fuel Level, Wa …
Global Level Gauge market research report provides company profile for ABB Measurement & Analytics, Barksdale Control Products, jbj Techniques Limited, JOGLER, Inc., Keller America, Inc., KOBOLD Instruments, Inc., Krohne Ltd., Krueger Sentry Gauge Co., OMEGA Engineering, Inc., SensorsONE, Ltd. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of
¬Water Level Monitoring Using a Druck Depth/Level Sensor
In this Tech Article from CAS DataLoggers and dataTaker, we describe the process of connecting the Druck PTX 1830 depth/level sensor to a dataTaker DT8x series data logger. These two components can function as a water level monitoring logger and record depth measurements. The Druck sensor outputs a 4-20mA signal and can be powered by the dataTaker’s switchable 12V regulated voltage output. Equipment required: • dataTaker DT8x data logger • Druck PTX 1830
New Research Report: Self-Driving Truck Market by Level of Autonomy (Level One, …
Self-driving trucks are also known as autonomous trucks and robotic trucks. This truck has all the key capabilities of a traditional truck. The self-driving system allows the truck to drive itself using infrared radar, LIDAR (laser radar), cameras, sophisticated motion sensors, incredibly accurate sensors and sophisticated algorithms. Self-driving trucks are completely electric, so gas and energy are significantly less than conventional trucks. This in turn helps to reduce pollution leading