Construction Dumper Market Growth Parameters And Forecasts To 2026


Posted March 3, 2020 by rohit890

Construction dumpers find major applications in the transportation of loose materials such as gravel, sand, aggregates and other related materials and equipment.
 
Market Overview

Construction dumpers find major applications in the transportation of loose materials such as gravel, sand, aggregates and other related materials and equipment. It consists of an open bed box at the back-end of the truck, with a hydraulic piston to lift the trailer or hauler for dumping the material at the required location. Several factors that include growth of infrastructure activities, growth of rental equipment industry, smart city infrastructure demands and the changing regulatory scenario for the emission standards are expected to fuel the industry growth through the forecast timeframe.

the global construction market is expected to witness growth at over 3% CAGR over the forecast period, owing to high infrastructural developments taking place across the major economies, specifically that includes Middle East countries and emerging economies in the Asia Pacific such as India, Malaysia, and Indonesia. Moreover, proliferating smart city projects, government initiatives regarding the provision of residence to the middle and lower economic class population, and the requirement to enhance transport facilities to boost the trade avenues of the country are projected to present strong growth prospects for construction dumper market over the forecast period.

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Market Dynamics

The industry is highly consolidated owing to the presence of international players providing an extensive portfolio for infrastructural development. However, industry is expected to remain moderately competitive owing to the presence of regional dealers and contractors intervening in the businesses in some regions.

Several causes of dumper accidents include overturning, collisions at the blind spots, and incompetence of the drivers among few others. According to our research, around 35% of the overall accounted incidents in the infrastructure segment reported, were related to these heavy load vehicles. The requirement to reduce accidents is expected to be a prominent challenge for industry participants. Moreover, the high total cost of ownership (TCO) is expected to remain the primary challenge for the new equipment sales. Thus, the rental segment is expected to present considerable growth prospects for the industry participants, which will lead to a significant decline in the new product sales.

Global Construction Dumper Market Taxonomy

On the basis of trucks, the global construction dumper market is classified into:

Standard dump truck

Super dump truck

Articulated dump truck

Transfer dump truck

Dump truck and pup

Side dump truck

Semi-trailer end dump truck

Semi-trailer bottom dump truck

Double and triple trailer bottom dump truck

Others

On the basis of transmission, the global construction dumper market is classified into:

Automatic

Manual

On the basis of fuel type, the global construction dumper market is classified into:

Gasoline

Diesel

CNG

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Key players in the construction dumper market include Caterpillar, Komatsu, J.C. Bamford Excavators, Ashok Leyland, AB Volvo, BEML, Asia Motor Works, CNH Industrial America, Deere & Company, Hitachi Construction Machinery, Kenworth, KAMAZ Motors, Mercedes-Benz, New Holland, Liebherr Group, and Navistar.

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Issued By rohit
Country India
Categories Advertising , Blogging , Marketing
Last Updated March 3, 2020