Projeted Growth
Moderate

Growth Potential Meter

Off Highway Dump Trucks Market by Product Type (Rigid Frame, Articulating Frame) by Application (Construction, Mining) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2019-2027

Number of pages: 120 | Report Code: PSMR- PSMR-007056 | Report Format : PDF

Report Coverage

Parameters Details

Base Year

2021

Historical Data

2016-2021

Forecast Data

2022-2028

Base Year Value (2021)

USD 90292.11 million

Forecast Value (2028)

USD 135765.9487 million

CAGR (2022 to 2028)

6 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Off Highway Dump Trucks Market is estimated to reach USD 128081.1 million by 2027, growing at a CAGR of 6 % between 2019 and 2027  


Off-Highway Dump Trucks are the trucks equipped with the dump body hinged to the rear of the sub frame that is mounted directly onto a heavy chassis. The dump body operated by a hydraulic hoist assembly, can be raised and tilted back to unload loose material. The Off-Highway Dump trucks are used to support construction, quarry and disaster repair operation. Off Highway Dump Trucks performs various functions such as hauling, dumping, and spreading sand, quarry rock, asphalt and tree stumps. Such materials are commonly loaded into the dump body of Off Highway Dump trucks. The Off Highway Dump trucks consists of Dump Body, Dump Tarp, Tailgate, Cap Shield and Dump Body Hoist. The bed is raised by a vertical hydraulic ram mounted under the front of the body, or a horizontal hydraulic ram and lever arrangement between the frame rails, and the back of the bed is hinged at the back of the truck. The tailgate can be configured to swing up on top hinges.  


Off Highway Dump Trucks Market is expected to make a significant growth in the forecasted period. Off Highway dump Trucks are heavily used for mining and construction and there is a continuous rise in the construction and mining industry which is leading to the growth of the Off Highway Dump Trucks. The convenience provided by the Off-Highway Dump Trucks in transporting the material required at the construction site or mining site is the vital factor behind the increasing demand of Off-Highway Dump Trucks. The technological advancement is playing important role in the growth of Off Highway Dump Trucks. Owing to the technological advancement, the off-Highway Dump Trucks is set to assist in transporting the material faster and more conveniently. The increasing population is another factor behind the growth of Off Highway Dump trucks. As the population is increasing the demand of construction is also increasing which is resulting in the growth of Off Highway Dump Trucks Market.  


The study covers detail analysis, growth and forecast of the Off Highway Dump Trucks Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2014 to 2017 and market forecast for 2019 to 2027 based on revenue generated. The study includes market value in terms of revenue in billion USD for years 2014-27 and compound annual growth rate (CAGR) in % for from 2019-2027. The market is expected to show constant growth between 2019-2027.  


The report comprises value chain analysis for each of the product segments. Value chain analysis offers in depth information about value addition at each stage. The study includes drivers and restraints for Off Highway Dump Trucks Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end users/regions. Our study Off Highway Dump Trucks Market helps user to make precise decision in order to expand their market presence and increase market share.  


The report provides Off Highway Dump Trucks Market Dynamics ,includes industry growth drivers, challenges, opportunities , risk, constraints as well as threats .Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Off Highway Dump Trucks Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  


 Off Highway Dump Trucks  Market
 


Off Highway Dump Trucks Market : Product Type

  • Rigid Frame
  • Articulating Frame

Off Highway Dump Trucks Market : Application

  • Construction
  • Mining
  • Others

Off Highway Dump Trucks Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Off Highway Dump Trucks Market:

  • BOSCH
  • Caterpillar
  • Terex
  • Komatsu
  • Hitachi Construction Machinery
  • John Deere
  • Doosan
  • Belaz
  • Volvo
  • Hydrema
  • Bell
  • Liebherr
  • Freightliner
  • NHL
  • BZK
  • Shougang Heavy Truck
  • XEMC

Geographical analysis of Off Highway Dump Trucks Market:

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Off Highway Dump Trucks Market Report delivers comprehensive analysis of :

  • Market Forecast for 2019-27
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis


Frequently Asked Questions (FAQ)


Off Highway Dump Trucks Market was valued at around USD 90292.11 million in 2021 & estimated to reach USD 135765.9487 by 2028.




Off Highway Dump Trucks Market is likely to grow at compounded annual growth rate (CAGR) of 6% between 2022 to 2028.












Yes, the report includes COVID 19 impact on the market.



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