Market Overview:
The global rigid dump truck market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for rigid dump trucks in mining and construction applications across the globe. Additionally, factors such as rising disposable income, rapid industrialization and urbanization are also contributing to the growth of this market. On the basis of type, human driver segment is expected to hold a major share of the global rigid dump truck market during 2018-2030 owing to its low cost as compared autonomous driving system.
Product Definition:
A Rigid Dump Truck is a truck equipped with a hydraulic ram which is used to lift the front of the body and then release it, allowing the contents to be dumped on the ground. They are typically used for moving large quantities of earth, gravel, or other loose materials.
Human Driver:
Human driver, also known as labor-driven or task-based driving, is a method of controlling the vehicle by using the human body as a primary source of power. The system works on an engine-free platform and does not require any batteries for power. It was initially designed for use in military vehicles to increase their speed and distance travel without having to use any type of fuel or electric supply.
Autonomous:
Autonomous is a technology that allows the vehicle to control its movement and operate without any human intervention. It uses various sensors such as LiDAR, RADAR, camera, and ultrasonic for vision; GPS & navigation; GIS & mapping for position/location awareness; and controls the vehicle using steering wheel or pedals. The autonomous vehicles are designed to reduce human errors which can cause significant financial losses as well as injuries/ fatalities.
Application Insights:
The construction application segment accounted for the largest revenue share of over 50% in 2017. The growth can be attributed to the growing infrastructural activities across various regions, including Middle East and Africa. Moreover, with a rise in disposable income, there has been an increase in residential and commercial constructions across developing countries such as India and China. This is likely to boost product demand over the forecast period.
The mining application segment is expected to witness significant growth during the forecast period owing to rising demand for rigid dump trucks from various sectors such as oil & gas, construction materials among others. With technological advancements coupled with efficient vehicles design, mining companies are able to deploy their fleet more efficiently resulting in higher productivity which will drive market growth further. For instance; Caterpillar Inc.
Regional Analysis:
Asia Pacific dominated the global rigid dump truck market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing construction activities and mining activities in Asia Pacific are anticipated to drive demand for these trucks over the forecast period.
The North America market was valued at USD X million in 2017 and is expected to grow at a significant rate during the forecast years on account of increasing spending on construction projects coupled with stringent regulatory framework regarding air pollution levels within countries such as U.S.
Growth Factors:
- Increasing demand for construction and infrastructure activities across the globe
- Rising disposable income of consumers in developing countries, which is resulting in an increase in investments in construction and infrastructure projects
- Rapid urbanization and industrialization, which is leading to an increase in the demand for Rigid Dump Trucks for transportation of goods and materials within cities and between different regions
- Technological advancements that are making Rigid Dump Trucks more efficient, durable, and reliable; this is resulting in an increase in their adoption by end-users
- Stringent government regulations pertaining to environmental protection that are encouraging the use of electric or hybrid Rigid Dump Trucks
Scope Of The Report
Report Attributes
Report Details
Report Title
Rigid Dump Truck Market Research Report
By Type
Human Driver, Autonomous
By Application
Mining, Construction
By Companies
Caterpillar, Hitachi, Komatsu, Liebherr, Belaz, Volvo, Astra, Weichai, Volkswagen, Sinotruk, SANY, XCMG, DAIMLER, SIH
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Rigid Dump Truck Market Report Segments:
The global Rigid Dump Truck market is segmented on the basis of:
Types
Human Driver, Autonomous
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, Construction
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:
- Caterpillar
- Hitachi
- Komatsu
- Liebherr
- Belaz
- Volvo
- Astra
- Weichai
- Volkswagen
- Sinotruk
- SANY
- XCMG
- DAIMLER
- SIH
Highlights of The Rigid Dump Truck 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:
- Human Driver
- Autonomous
- By Application:
- Mining
- Construction
- 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 Rigid Dump Truck 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A rigid dump truck is a large, heavy vehicle that is designed to move large amounts of material. These trucks are typically used in construction and demolition projects, as well as for moving earth or other materials.
Some of the major companies in the rigid dump truck market are Caterpillar, Hitachi, Komatsu, Liebherr, Belaz, Volvo, Astra, Weichai, Volkswagen, Sinotruk, SANY, XCMG, DAIMLER, SIH.
The rigid dump truck market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rigid Dump Truck Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rigid Dump Truck Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rigid Dump Truck Market - Supply Chain
4.5. Global Rigid Dump Truck Market Forecast
4.5.1. Rigid Dump Truck Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rigid Dump Truck Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rigid Dump Truck Market Absolute $ Opportunity
5. Global Rigid Dump Truck Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rigid Dump Truck Market Size and Volume Forecast by Type
5.3.1. Human Driver
5.3.2. Autonomous
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rigid Dump Truck Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rigid Dump Truck Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rigid Dump Truck Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rigid Dump Truck Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rigid Dump Truck Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rigid Dump Truck Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rigid Dump Truck Demand Share Forecast, 2019-2026
9. North America Rigid Dump Truck Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rigid Dump Truck Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rigid Dump Truck Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rigid Dump Truck Market Size and Volume Forecast by Type
9.7.1. Human Driver
9.7.2. Autonomous
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rigid Dump Truck Demand Share Forecast, 2019-2026
10. Latin America Rigid Dump Truck Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rigid Dump Truck Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rigid Dump Truck Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rigid Dump Truck Market Size and Volume Forecast by Type
10.7.1. Human Driver
10.7.2. Autonomous
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rigid Dump Truck Demand Share Forecast, 2019-2026
11. Europe Rigid Dump Truck Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rigid Dump Truck Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rigid Dump Truck Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rigid Dump Truck Market Size and Volume Forecast by Type
11.7.1. Human Driver
11.7.2. Autonomous
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potental Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rigid Dump Truck Demand Share, 2019-2026
12. Asia Pacific Rigid Dump Truck Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rigid Dump Truck Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rigid Dump Truck Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rigid Dump Truck Market Size and Volume Forecast by Type
12.7.1. Human Driver
12.7.2. Autonomous
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rigid Dump Truck Demand Share, 2019-2026
13. Middle East & Africa Rigid Dump Truck Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rigid Dump Truck Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rigid Dump Truck Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rigid Dump Truck Market Size and Volume Forecast by Type
13.7.1. Human Driver
13.7.2. Autonomous
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rigid Dump Truck Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rigid Dump Truck Market: Market Share Analysis
14.2. Rigid Dump Truck Distributors and Customers
14.3. Rigid Dump Truck Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Caterpillar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Komatsu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Liebherr
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Belaz
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Volvo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Astra
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Weichai
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Volkswagen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sinotruk
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SANY
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. XCMG
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DAIMLER
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SIH
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
