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Global Dump Truck Market: By Type: Rear Dump Trucks, Side Dump Trucks, Roll-off Dump Trucks; By Engine Type: Internal Combustion Engine (ICE), Electric Engine; By End Use: Construction, Mining; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Dump Truck Market Outlook
In 2020, the global dump truck market size reached a value of USD 40.23 billion. The dump truck market is further expected to grow at a CAGR of 9.1% over the 2023-2028 forecast period. It is expected that increased government spending on these vehicles' significant infrastructure and technical improvisation would drive the industry growth.
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Market Segmentation
The dump truck market can be divided based on segments like type, engine type, and end-use. The industry can be broadly be categorised based on types into:
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- Rear Dump Trucks
- Side Dump Trucks
- Roll-off Dump Trucks
The industry can be divided on the basis of engine type as:
- Internal Combustion Engine (ICE)
- Electric Engine
The dump truck market can be divided based on end-use as:
- Construction
- Mining
- Others
The EMR report looks into the regional dump truck markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
Infrastructure is a vital growth factor in the dump truck market. In the coming decade, massive investments are expected to increase throughout the infrastructural segments across all regions. Total infrastructure spending is largely driven by emerging economies as opposed to developed ones due to substantial Foreign Direct Investment funding.
Increasing mining activity due to a rise in demand for minerals and natural resources has prompted the adoption of dump trucks. Manufacturers implement energy-efficient vehicles to reduce the adverse effects of mining and drilling. Strict emission regulations have pushed manufacturers to develop a carbon footprint mitigation option for diesel engines.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global dump truck market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- AB Volvo
- Aebi Schmidt Group
- China FAW Group Co., Ltd.
- Dongfeng.Su
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Engine Type, End-Use, Region |
| Breakup by Type | Rear Dump Trucks, Side Dump Trucks, Roll-off Dump Trucks |
| Breakup by Engine Type | Internal Combustion Engine (ICE), Electric Engine |
| Breakup by End-Use | Construction, Mining, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | AB Volvo, Aebi Schmidt Group, Dongfeng.Su, China FAW Group Co.,Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Dump Truck Market Analysis
8.1 Key Industry Highlights
8.2 Global Dump Truck Historical Market (2018-2022)
8.3 Global Dump Truck Market Forecast (2023-2028)
8.4 Global Dump Truck Market by Type
8.4.1 Rear Dump Trucks
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Side Dump Trucks
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Roll-Off Dump Trucks
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Dump Truck Market by Engine Type
8.5.1 Internal Combustion Engine (ICE)
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Electric Engine
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Dump Truck Market by End-Use
8.6.1 Construction
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Mining
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Others
8.7 Global Dump Truck Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 AB Volvo
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Aebi Schmidt Group
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 China FAW Group Co., Ltd.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Dongfeng.Su
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Dump Truck Market: Key Industry Highlights, 2018 and 2028
2. Global Dump Truck Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Dump Truck Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Dump Truck Historical Market: Breakup by Engine Type (USD Billion), 2018-2022
5. Global Dump Truck Market Forecast: Breakup by Engine Type (USD Billion), 2023-2028
6. Global Dump Truck Historical Market: Breakup by End-Use (USD Billion), 2018-2022
7. Global Dump Truck Market Forecast: Breakup by End-Use (USD Billion), 2023-2028
8. Global Dump Truck Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Dump Truck Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Dump Truck Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Dump Truck Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Dump Truck Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Dump Truck Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Dump Truck Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Dump Truck Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Dump Truck Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Dump Truck Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Dump Truck Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Dump Truck Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Dump Truck Market Structure
Key Questions Answered in the Report
In 2020, the global dump truck market attained a value of nearly USD 40.23 billion.
The market is projected to grow at a CAGR of 9.1% between 2023 and 2028.
The major drivers of the market include the massive investments, increasing mining activity, growing need for rare earth metals and natural resources, advancements in technology, and rising construction activities.
Increased government spending on these vehicles' significant infrastructure and technical improvisation are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various types of dump trucks are rear dump trucks, side dump trucks, and roll-off dump trucks.
The industry can be divided on the basis of engine type as internal combustion engine (ICE) and electric engine.
The end-use of the market includes construction and mining, among others.
The major players in the industry are AB Volvo, Aebi Schmidt Group, Dongfeng.Su, and China FAW Group Co.,Ltd., among others.
Analyst Review
The global dump truck market attained a value of nearly USD 40.23 billion in 2020, driven by the increased government spending on these vehicles' significant infrastructure. Aided by increasing mining activity and technical improvisation, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 9.1%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The various types of dump trucks are rear dump trucks, side dump trucks, and roll-off dump trucks. The industry can be divided on the basis of engine type as internal combustion engine (ICE) and electric engine. The end-use of the market includes construction and mining, among others. The major regional markets for dump truck market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are AB Volvo, Aebi Schmidt Group, Dongfeng.Su, and China FAW Group Co.,Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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