July 17, 2024

Dump Trucks Market Size to Attain USD 125.63 Billion By 2033

The global dump trucks market size was estimated to be around US$ 54.30 billion in 2023 and is projected to reach US$ 125.63 billion by 2033, indicating a CAGR of 8.80% from 2024 to 2033.

Key Takeaways

  • Asia Pacific dominated the market with a market share of 71% in 2023.
  • North America is expected to be the fastest-growing region in the dump trucks market during the forecast period.
  • By type, the articulated segment dominated the dump trucks market in 2023.
  • By type, the rigid segment is expected to grow at the fastest CAGR during the forecast period.
  • By end-user, the construction segment held the dominating share of the market in 2023.
  • By end-user, the mining industry segment is expected to grow at the fastest CAGR during the forecast period.

Dump Trucks Market Size 2024 To 2033

The market research report on the dump trucks market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of dump trucks products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Dump Trucks Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 8.80%
Global Market Size in 2023 USD 54.30 Billion
Global Market Size by 2033 USD 125.63 Billion
Asia Pacific Market Size in 2023 USD 38.55 Billion
Asia Pacific Market Size by 2033 USD 90.02 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Type and By End-User
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Data Center Infrastructure Management (DCIM) Market Size, Growth Report 2033

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global dump trucks market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the dump trucks market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of dump trucks products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the dump trucks market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the dump trucks market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance.

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Dump Trucks Market Companies

  • Volvo Group (Sweden)
  • BYD Company Limited (China)
  • Daimler AG (Germany)
  • Hitachi Construction Machinery Co. Ltd (Japan)
  • Caterpillar Inc. (US)
  • Bell Trucks America Inc. (South Africa)
  • Deere & Company (US)
  • Doosan Corporation (South Korea)
  • FAW Group Corporation (China)
  • Curry Supply (US)

Segments Covered in the Report

By Type

  • Articulated Dump Trucks
  • Rigid Dump Trucks

By End-User

  • Construction
  • Mining
  • Agriculture
  • Waste Management

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Dump Trucks Market 

5.1. COVID-19 Landscape: Dump Trucks Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Dump Trucks Market, By Type

8.1. Dump Trucks Market Revenue and Volume, by Type, 2024-2033

8.1.1. Articulated Dump Trucks

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Rigid Dump Trucks

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Dump Trucks Market, By End-User

9.1. Dump Trucks Market Revenue and Volume, by End-User, 2024-2033

9.1.1. Construction

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Mining

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Agriculture

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Waste Management

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Dump Trucks Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.1.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.1.3.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.1.4.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.2.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.2.3.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.2.4.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.2.5.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.2.6.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.3.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.3.3.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.3.4.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.3.5.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.3.6.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.4.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.4.3.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.4.4.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.4.5.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.4.6.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.5.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.5.3.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

10.5.4.2. Market Revenue and Volume Forecast, by End-User (2021-2033)

Chapter 11. Company Profiles

11.1. Volvo Group (Sweden)

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. BYD Company Limited (China)

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Daimler AG (Germany)

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Hitachi Construction Machinery Co. Ltd (Japan)

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Caterpillar Inc. (US)

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Bell Trucks America Inc. (South Africa)

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Deere & Company (US)

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Doosan Corporation (South Korea)

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. FAW Group Corporation (China)

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Curry Supply (US)

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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