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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.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 Articulated Dump Trucks market was valued at 5530 Million US$ in 2018 and is projected to reach 7390 Million US$ by 2025, at a CAGR of 4.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Articulated Dump Trucks.
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Key companies profiled in this report are Volvo, Caterpillar, Doosan, Komatsu, Bell Equipment, John Deere and more. Each of this company is profiled in the terms of company basic details, revenue, gross margin, product description, recent developments, etc.
Objectives of Global Articulated Dump Trucks Market report are:
• To analyze global Articulated Dump Trucks market status and forecast, involving production, revenue, consumption, historical and forecast data
• To analyse the key Articulated Dump Trucks companies and to get details of their production, revenue, market share, and recent development
• To get in depth knowledge by segmentation of data into regions, types, manufacturers and applications
• To identify the global and key regions market potential, advantage, opportunities, challenges, restraints and risks.
• To identify the factors influencing the market like trends, drivers in global and regional aspects
• To present the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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Articulated Dump Trucks Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, production, revenue, price, forecast, etc)
• 30 to 40 Ton
• Under 30 Ton
• Above 40 Ton
Articulated Dump Trucks Market is studied for the following applications:
(Each application is covered in the terms of market size growth rate, regional consumption analysis, market share, consumption forecast, etc.)
• Construction
• Mining
• Agriculture & Forestry
• Others
Articulated Dump Trucks Market: Production Segmentation by Regions covered for followings:
• United States
• Europe
• China
• Japan
• Other Regions
Articulated Dump Trucks Market: Consumption Segmentation by Regions covered for followings:
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
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Release ID: 471576