A rigid dump truck is used for transporting loose material, such as sand, gravel, and demolition waste, for construction and mining purposes. They are an essential part of various construction and mining projects, especially infrastructure development projects where the efficient transportation of materials, such as loose aggregate and large boulders, are of paramount importance.
The classification of Rigid Dump Truck includes Human Driver and Autonomous Dump truck. Human Driver Dump Truck represent 98.1 market share while the Autonomous Dump truck is the emerging product, which enjoying faster growth rate.
Europe region is the largest supplier of Rigid Dump Truck, with a production market share nearly 32% in 2017. China is the second largest supplier of Rigid Dump Truck, enjoying production market share nearly 29.6% in 2017.
China is the largest consumption place, with a consumption market share nearly 27.3% in 2017. While, the developing regions like Brazil, India, etc. are also the emerging market.
The Global Rigid Dump Truck Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Rigid Dump Truck Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Caterpillar
Hitachi
Komatsu
Liebherr
Belaz
Volvo
Astra
Weichai
Volkswagen
Sinotruk
SANY
XCMG
DAIMLER
SIH
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Human Driver
Autonomous
In Market segmentation by applications :
Mining
Construction
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Rigid Dump Truck Market for the forecast period 2020 - 2026?
• What are the driving forces in the Rigid Dump Truck Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Rigid Dump Truck industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?