Los Angeles, CA -- (SBWIRE) -- 09/11/2019 -- 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. In the last several years, global market of Articulated Dump Trucks developed rapidly, with an average growth rate of 5.32%. In 2017, global revenue of Articulated Dump Trucks is nearly 5268 M USD; the actual production is about 15.4 K Unit.
The growth of this market is driven by the increasing demand for construction equipment. The Articulated Dump Trucks market is projected to grow at a CAGR of 4.32% from 2018 to 2025, from a market size of USD 5268 million in 2017 to USD 7391 million by 2025. The global Articulated Dump Truck market is valued at 5530 million US$ in 2018 is expected to reach 7390 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025.
This report focuses on Articulated Dump Truck volume and value at global level, regional level and company level. From a global perspective, this report represents overall Articulated Dump Truck market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Segment by Regions
Segment by Type
30 to 40 Ton
Under 30 Ton
Above 40 Ton
Segment by Application
Agriculture & Forestry
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