Dump Trucks Market Share, Growth Analysis, Outlook By 2032


Posted December 6, 2023 by ravali

Global dump trucks market size is expected at $79.07 Bn by 2027 at a growth rate of 9.7% and growth analysis by The Business Research Company.
 
The Dump Trucks Global Market Report 2023 by The Business Research Company, provides dump trucks market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.

Learn More On The Dump Trucks Market:
https://www.thebusinessresearchcompany.com/report/dump-trucks-global-market-report

According to The Business Research Company’s Dump Trucks Global Market Report 2023, the market size is expected to grow from $49.39 billion in 2022 to $54.5 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global dump trucks is expected to grow to $79.07 billion in 2027 at a CAGR of 9.7%.

The increase in government funding for substantial infrastructure is expected to drive the growth of the dump trucks market. There is an increase in government spending on roads, transport, defence, healthcare, and other infrastructures to foster economic growth. The infrastructure activities such as construction require dump trucks for loading and unloading the construction materials and wastes. In turn, it created a huge demand created for dump trucks in response to the increasing government funding for substantial infrastructure as they are widely employed in infrastructure construction.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=6682&type=smp

The dump trucks market is segmented:
1) By Type: Rear Dump Trucks, Side Dump Trucks, Roll-Off Dump Trucks
2) By Engine: Internal Combustion Engine (ICE), Electric Engine
3) By End User: Mining, Construction, Infrastructure, Military, Agriculture, Other End Users

Technological development is a key trend gaining popularity in the dump trucks market. The companies operating in the dump truck sector are focusing on the development of electric dump trucks with AC control and other capabilities to improve efficiency and productivity while reducing the cost of ownership and environmental impact. For instance, in June 2021, Xiangtan Electric Manufacturing Co Ltd (XEMC), a China-based company that manufactures and distributes mechanical and electrical products, successfully rolled off the world's first 120-ton electric mining dump truck with AC drive and CATL batteries. This product will be utilized for transportation in open-pit mines, boosting the mining industry's progress toward low-carbon, energy-efficient goods, and environmental protection. CATL batteries are large-capacity, ultra-safe lithium iron phosphate traction batteries offering high-power charging with high-voltage, fast charging technology for this dump truck.

Top Major Players
Hitachi Construction Machinery,
XCMG,
Komatsu Limited,
Sany,
Liebherr,

The dump trucks market report table of contents includes:
1. Executive Summary
2. Dump Trucks Market Characteristics
3. Dump Trucks Market Trends And Strategies
4. Dump Trucks Market – Macro Economic Scenario
5. Dump Trucks Market Size And Growth
6. Dump Trucks Market Segmentation
7. Dump Trucks Market Regional And Country Analysis
............
28. Key Mergers And Acquisitions In The Dump Trucks Market
29. Dump Trucks Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Dump Trucks Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Dump Trucks Market, Segmentation By Engine, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Dump Trucks Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
...........
Table 46: Hitachi Construction Machinery Financial Performance
Table 47: XCMG Financial Performance
Table 48: Komatsu Limited Financial Performance
Table 49: Sany Financial Performance
Table 50: Liebherr Financial Performance

Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]

Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By TBRC
Country United States
Categories Transportation
Last Updated December 6, 2023