Authored By: Sarah
11 Feb 2022

Dump Trucks Market | Growth and Analysis
Market Growth and Forecasts for 2022-2026

Dump trucks market is set to post an incremental growth of $ 5.27 bn during 2022-2026. The market will decelerate at a CAGR of  6.48% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.


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Dump Trucks Market: Market Segments and Key Trends

The research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth. The market is segmented by Type (rigid and articulated) and Geography (APAC, North America, Europe, South America, and MEA). 36% of the market growth will originate from APAC during the forecast period. However, impact of emission regulations is one of the challenges that will need to be overcome to drive growth.

Dump Trucks Market: What are the Growth Drivers?

The Growth of transportation infrastructure is one of the primary factors driving the growth of the dump trucks market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.

Dump Trucks Market to Grow by $ 5.27 Billion | Trends, Drivers and Vendor Forecasts for 2022-2026

Dump Trucks Market: Vendor Analysis

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AB Volvo, AEBI Schmidt Holding AG, Bucher Industries AG, BYD Co. Ltd., China FAW Group Co. Ltd., China Heavy Vehicle Group Co.Ltd., Daimler AG, Dongfeng Motor Group Co. Ltd., Dover Corp., and Dulevo International Spa are some of the major market participants.

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Dump Trucks Market: Key Highlights of the Report for 2022-2026

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive dump trucks market growth during the next five years
  • Precise estimation of the dump trucks market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the dump trucks market industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of dump trucks market vendors

Browse through some of other related market research reports for more insights:

  • Heavy-duty Trucks Market in Europe: Accelerating at a CAGR of 3.28%, the heavy-duty trucks market in Europe is expected to post an incremental growth of 92.85 th units over the next five years.
  • Heavy-duty Trucks Market: The Global Heavy-duty Trucks Market is projected to grow by 474.96 th units, decelerating at a CAGR of 5.55% till 2025.
  • Electric Trucks Market: The Global electric trucks market is expected to grow by 391.50 th units, accelerating at a CAGR of 28.88% during the forecast period.
  • Mining Truck Market: Mining truck market is set to post an incremental growth of $ 991.95 million during 2021-2025.
  • Forklift Trucks Market: Global forklift trucks market will post an incremental growth of 198.72 th units and progressing at a CAGR of almost 3% during the forecast period.
  • Pallet Trucks Market: The pallet trucks market is set to post an incremental growth of $ 989.50 million, accelerating at a CAGR of almost 4% during the forecast period.
  • Tipper Trucks Market: The tipper trucks market is expected to grow by $ 4 bn, accelerating at a CAGR of almost 2.09% during the forecast period.
  • Used Trucks Market: Technavio has been monitoring the used trucks market and it is expected to grow by 6.47 million units, accelerating at a CAGR of almost 4% during the forecast period.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will decelerate at a CAGR of 6.48%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 5.27 bn through 2022-2026.

     
  3. What is a key factor driving this market?
    Growth of transportation infrastructure will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    36% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are AB Volvo, AEBI Schmidt Holding AG, Bucher Industries AG, BYD Co. Ltd., China FAW Group Co. Ltd., China Heavy Vehicle Group Co.Ltd., Daimler AG, Dongfeng Motor Group Co. Ltd., Dover Corp., and Dulevo International Spa

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (rigid and articulated) and Geography (APAC, North America, Europe, South America, and MEA)
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