Market Overview:
The global Articulate Dump Truck (ADT) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for articulated dump trucks in mining, hydropower engineering, roadworks, railway engineering and other applications. North America is expected to lead the global ADT market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
An articulated dump truck (ADT), also known as a "dump truck", is a heavy equipment vehicle used for transporting loose material such as sand, gravel, or dirt for construction. The articulation joint allows the vehicle to turn in place, making it an ideal choice for moving around in tight spaces.
20 ton-size:
20 ton-size is a unit of measurement used to express the capacity of dumping body or bed in Articulate Dump Trucks (ADT). It's basically a large volume that can carry 20 times its own weight and is mostly used for waste handling applications. The growth factor in this market largely depends on factors such as municipal population, industrial development, GDP growth rate, per capita income and others.
30 ton-size:
30-ton size dump truck is used to carry a load of 30 tons or more. It is also known as Articulate Dump Truck (ADT). The ADT market has witnessed significant growth over the past few years owing to the rising demand for waste handling services from construction, mining, and oil & gas industries.
The global Articulate Dump Trucks Market size was valued at USD 3.07 billion in 2016.
Application Insights:
The mining industry accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The rising demand for large trucks with high payload capacities, coupled with low prices of diesel and crude oil, has been a major factor contributing to segment growth.
Hydropower engineering segment is also expected to witness significant growth during the forecast period owing to increasing demand for ADT in various hydropower projects across Latin America and Asia Pacific region. The Latin American market has been growing significantly due largelyto increased investments by Brazil, Colombia, Peru and Argentina in various hydropower projects across the Amazon Basin. This project includes construction of massive dams like Belo Monte (Brazil), Guri (Venezuela) & Ituango (Peru). Such huge investments are likely to propel product demand from 2017 till 2030ADT market globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising investments in road infrastructure development, coupled with increasing demand for dump trucks from developing countries such as China and India. In addition, growing mining activities across Asian countries are also anticipated to drive product demand during the forecast period.
The North America market was valued at USD X million in 2017 owing to high demand from U.S., which accounted for more than 80% of total regional sales that year. However, slow growth rate of mining industry due lack offuture projects may hamper overall revenue generation over next eight years; therefore making it a less attractive regional market compared to Asia Pacific and Latin America regions where dump trucking business is booming right now due large scale investment plans by various governments for infrastructural development coupled with rising need for earthmoving equipment on a large scale basis especially during construction season (autumn & winter).
Growth Factors:
- Increasing demand for articulated dump trucks from the construction and infrastructure sectors across the globe.
- Rising adoption of articulated dump trucks in developing countries owing to increasing industrialization and urbanization.
- Growing demand for articulated dump trucks in mining applications due to their high payload capacity and efficient performance.
- Technological advancements in articulated dump truck design and features that offer improved fuel efficiency, safety, and productivity.
Scope Of The Report
Report Attributes
Report Details
Report Title
Articulate Dump Truck (ADT) Market Research Report
By Type
20 ton-size, 30 ton-size, 40 ton-size, 50 ton-size
By Application
Mining Industry, Hydropower Engineering, Roadworks, Railway Engineering, Other
By Companies
Volvo, XCMG, Caterpillar, John Deere, Doosan Equipment, Terex Trucks, Bell Equipment, Komatsu, Hitachi, Astra, Haulmax, Link-Belt, Moxy, Case, JCB, Dezz
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Articulate Dump Truck (ADT) Market Report Segments:
The global Articulate Dump Truck (ADT) market is segmented on the basis of:
Types
20 ton-size, 30 ton-size, 40 ton-size, 50 ton-size
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining Industry, Hydropower Engineering, Roadworks, Railway Engineering, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Volvo
- XCMG
- Caterpillar
- John Deere
- Doosan Equipment
- Terex Trucks
- Bell Equipment
- Komatsu
- Hitachi
- Astra
- Haulmax
- Link-Belt
- Moxy
- Case
- JCB
- Dezz
Highlights of The Articulate Dump Truck (ADT) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 20 ton-size
- 30 ton-size
- 40 ton-size
- 50 ton-size
- By Application:
- Mining Industry
- Hydropower Engineering
- Roadworks
- Railway Engineering
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Articulate Dump Truck (ADT) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An articulate dump truck is a specialized truck designed to transport large loads of earth, sand, or other materials.
Some of the major companies in the articulate dump truck (adt) market are Volvo, XCMG, Caterpillar, John Deere, Doosan Equipment, Terex Trucks, Bell Equipment, Komatsu, Hitachi, Astra, Haulmax, Link-Belt, Moxy, Case, JCB, Dezz.
The articulate dump truck (adt) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Articulate Dump Truck (ADT) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Articulate Dump Truck (ADT) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Articulate Dump Truck (ADT) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Articulate Dump Truck (ADT) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Articulate Dump Truck (ADT) Market Size & Forecast, 2020-2028 4.5.1 Articulate Dump Truck (ADT) Market Size and Y-o-Y Growth 4.5.2 Articulate Dump Truck (ADT) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 20 ton-size
5.2.2 30 ton-size
5.2.3 40 ton-size
5.2.4 50 ton-size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mining Industry
6.2.2 Hydropower Engineering
6.2.3 Roadworks
6.2.4 Railway Engineering
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Articulate Dump Truck (ADT) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Articulate Dump Truck (ADT) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 20 ton-size
9.6.2 30 ton-size
9.6.3 40 ton-size
9.6.4 50 ton-size
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mining Industry
9.10.2 Hydropower Engineering
9.10.3 Roadworks
9.10.4 Railway Engineering
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 20 ton-size
10.6.2 30 ton-size
10.6.3 40 ton-size
10.6.4 50 ton-size
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mining Industry
10.10.2 Hydropower Engineering
10.10.3 Roadworks
10.10.4 Railway Engineering
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 20 ton-size
11.6.2 30 ton-size
11.6.3 40 ton-size
11.6.4 50 ton-size
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mining Industry
11.10.2 Hydropower Engineering
11.10.3 Roadworks
11.10.4 Railway Engineering
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 20 ton-size
12.6.2 30 ton-size
12.6.3 40 ton-size
12.6.4 50 ton-size
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mining Industry
12.10.2 Hydropower Engineering
12.10.3 Roadworks
12.10.4 Railway Engineering
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 20 ton-size
13.6.2 30 ton-size
13.6.3 40 ton-size
13.6.4 50 ton-size
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mining Industry
13.10.2 Hydropower Engineering
13.10.3 Roadworks
13.10.4 Railway Engineering
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Articulate Dump Truck (ADT) Market: Competitive Dashboard
14.2 Global Articulate Dump Truck (ADT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Volvo
14.3.2 XCMG
14.3.3 Caterpillar
14.3.4 John Deere
14.3.5 Doosan Equipment
14.3.6 Terex Trucks
14.3.7 Bell Equipment
14.3.8 Komatsu
14.3.9 Hitachi
14.3.10 Astra
14.3.11 Haulmax
14.3.12 Link-Belt
14.3.13 Moxy
14.3.14 Case
14.3.15 JCB
14.3.16 Dezz