Portland, OR -- (SBWIRE) -- 09/12/2017 -- Electric drive mining trucks are mechanized vehicles, which are both on-road and off-road transportation mediums in the regions of heavy mining and constructions. These are haul vehicles used to continuously shift the mined and waste materials to refining and dumping grounds, respectively. Instead of using a combustion engine, they use an electric engine for the propulsion and movement of the truck body.

Irrespective of these challenges, the shift of manufacturing industry & consumer preferences toward clean and efficient electric trucks is expected to unfold various opportunities for new products and boost the market growth.

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The major players profiled in the report includes OJSC BELAZ, BEML Limited, Bryan Industries, Caterpillar, Hitachi, Ltd., Komatsu Ltd., Voltas Limited, Kress Corporation, Terex Corporation, and Xiangtan Electric Manufacturing Group.

Factors such as extensive mining activities and presence of huge minefields largely drive the electric drive mining trucks market. In addition, the large geographical area covered by the minefields, heavy loading capacity of the mined product & waste materials, and increase in raw material requirements in the industries, fuels the market growth. However, high manufacturing costs and power glitches during loading and unloading slows down the market growth.

BY Type
- Rear Dump
- Bottom Dump
- Others

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BY Size Class
- Small (90-150 metric tons)
- Medium (145-190 metric tons)
- Large (218-290 metric tons)
- Ultra (308-363 metric tons)

BY Sales Channel
- OEM
- Aftermarket

By Geography
- North America
o U.S
o Canada
o Mexico
- Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific

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