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.
Market Analysis and Insights: Global Articulated Dump Trucks Market
Due to the COVID-19 pandemic, the global Articulated Dump Trucks market size is estimated to be worth US$ 6602.8 million in 2022 and is forecast to a readjusted size of US$ 8451.5 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, 30 to 40 Ton accounting for % of the Articulated Dump Trucks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Construction segment is altered to an % CAGR throughout this forecast period.
Europe is the largest Articulated Dump Trucks market with about 76% market share. Asia-Pacific is follower, accounting for about 10% market share.The key manufacturers are Volvo, Caterpillar, Doosan, Komatsu, Bell Equipment, John Deere etc. Top 3 companies occupied about 75% market share.
In terms of production side, this report researches the Articulated Dump Trucks capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Articulated Dump Trucks by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Articulated Dump Trucks Scope and Segment
Articulated Dump Trucks market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Articulated Dump Trucks market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
30 to 40 Ton
Under 30 Ton
Above 40 Ton
Segment by Application
Construction
Mining
Agriculture & Forestry
Others
By Company
Volvo
Caterpillar
Doosan
Komatsu
Bell Equipment
John Deere
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE