This report studies the Articulated Dump Trucks market. Articulated Dump Truck is a very large heavy-duty type of dump truck used to transport loads over rough terrain, and occasionally public roads. The main body of the dump truck is generally based on that of a flatbed truck, with one axle beneath the cab and anywhere from one to three axles beneath the dump box. The dump box itself generally has a tailgate that is hinged at the top so that it will open automatically when it is being dumped. The dumping mechanism is powered hydraulically in order to prevent compression problems that can sometimes be encountered when using pneumatic systems. The engine of the dump truck can be either gasoline-powered or diesel-powered, but is generally a large internal combustion engine regardless of the fuel type used.
The growth of this market is driven by the increasing demand for construction equipment. The Articulated Dump Trucks market is projected to grow at a CAGR of 4.32% from 2018 to 2025, from a market size of USD 5268 million in 2017 to USD 7391 million by 2025.
The Articulated Dump Trucks market was valued at 5530 Million US$ in 2018 and is projected to reach 7390 Million US$ by 2025, at a CAGR of 4.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Articulated Dump Trucks.
This report presents the worldwide Articulated Dump Trucks market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Articulated Dump Trucks Breakdown Data by Type
30 to 40 Ton
Under 30 Ton
Above 40 Ton
Articulated Dump Trucks Breakdown Data by Application
Agriculture & Forestry
Articulated Dump Trucks Production by Region
Articulated Dump Trucks Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Articulated Dump Trucks status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Articulated Dump Trucks manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Articulated Dump Trucks :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Articulated Dump Trucks market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.