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Global Construction Dumper Market 2024 - By Share, Size, Growth Analysis And Forecast To 2033
Global Construction Dumper Market
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Surge In Construction Activity Fuels Construction Dumper Market
The rising construction activity is expected to propel the growth of the construction dumper market going forward. Rising construction activity refers to an increased demand for construction materials, equipment, and services. This can lead to growth in related industries such as manufacturing, transportation, and engineering. Rising construction activities increase the number of construction sites and projects, which can further increase the demand for dumpers. Dumpers transport and unload materials such as sand, gravel, and debris on construction sites. For instance, in 2021, according to FMI (Fails Management Institute) Corporation, a US-based consulting and investment banking firm, commercial construction activities had a 6% growth with $92 billion in investment. Further, in March 2023, according to the United States Census Bureau, a US-based principal agency of the federal statistical system, the number of privately owned housing units approved by building permits in February was 1,524,000 on a seasonally adjusted yearly basis. This is 13.8% more than the January rate, which was corrected to 1,339,000. Therefore, the rise in construction activity is driving the growth of the construction dumper market.
Key Players Launched Innovative Products To Enhance Construction Dumper Market
Product innovation is a key trend gaining popularity in the construction dumper market. Companies operating in the construction dumper market are innovating new products to sustain their position in the market. For instance, in May 2021, Mecalac, a UK-based innovative and compact construction equipment company, launched an all-new 3.5MDX cabbed site dumper. The new 3.5MDX is powered by a Stage V-compliant Kubota D1803 1.8L turbocharged 3-cylinder diesel engine that produces 50hp (37kW) at 2700rpm and 150.5Nm at 1600rpm. The 3.5MDX has permanent hydrostatic four-wheel drive and high and low-range gearing for forward and reverse. It helps operators to quickly move loads under even the most challenging site conditions since they have torque on demand.
The construction dumper market covered in this report is segmented -
1) By Type: Articulated Dump Trucks, Rigid Dump Trucks, Other Types
2) By Engine Type: Internal Combustion Engine, Electric Engine
3) By Fuel Type: Gasoline, Diesel, Compressed Natural Gas (CNG)
4) By Application: Construction, Mining, Other Application
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Major companies operating in the construction dumper market report are Volvo AB, Caterpillar Inc., Joseph Cyril Bamford Excavators Limited, Komatsu Ltd., Hitachi Ltd., Mercedes-Benz, Ashok Leyland Ltd., CNH Industrial N.V., Deere & Company, Bobcat Company, Podemcrane AD, Parker Pen Company, Optimas GmbH, Atlas Copco Group, AMW Motors Limited, Bharat Earth Movers Limited, Asia Motor Works Ltd., HD Hyundai Infracore Co. Ltd., Liebherr Group, Sany Heavy Industry Co. Ltd., Ter*ex Corporation, Xuzhou Construction Machinery Group Co. Ltd., Zoomlion Heavy Industry Science & Technology Co. Ltd., Bell Equipment Limited, Daimler AG, Doosan Bobcat Inc., Guangxi Liugong Machinery Co. Ltd., Hidromek Inc., JLG Industries Inc., Kato Works Co. Ltd., Kobelco Construction Machinery Co. Ltd., Manitou Group, Oshkosh Corporation, Tadano Ltd.
Contents of the report:
1. Executive Summary
2. Construction Dumper Market Report Structure
3. Construction Dumper Market Trends And Strategies
4. Construction Dumper Market - Macro Economic Scenario
5. Construction Dumper Market Size And Growth
…..
27. Construction Dumper Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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