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Dump Truck Market Size, Share, Trends, Growth Outlook

Dump Truck Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type (Rear Side, Roll Off, On-road Dump Trucks, Off-road Dump Trucks) By Engine Type (Internal Combustion Engine, Electric Engine) By Engine Capacity (5L, 5L to 10L, more than 10L) By Application (Building Construction, Mining Industry) By End-User (Mining, Construction, Infrastructure, Military, Agriculture, Others) Companies Report

The Global Dump Truck Market Size is estimated to be US 16.2 billion in 2023 and is poised to register 8.5% growth over the forecast period from 2023 to 2030 to reach US $ 28.7 billion in 2030.

 

The market growth is driven by the increasing construction industry's expansion drives demand for dump trucks, as they are essential for transporting construction materials, debris, and excavated soil. Leading companies that are focused on Electric and Hybrid Dump Trucks, Autonomous Dump Trucks, Advanced Telematics and Connectivity, Data Analytics and Predictive Maintenance, Digital Platforms and Fleet Management Services, and others to boost market shares in the industry.

 

Dump Truck Market Size 2023-2030

 

Market Overview

The dump truck market encompasses heavy-duty vehicles used primarily in construction, mining, agriculture, and waste management. Key segments include standard, articulated, and rigid dump trucks. Major trends and drivers include infrastructure development, construction industry growth, mining sector demand, technological advancements, environmental regulations, the shift toward electric and hybrid models, safety features, customization, and government incentives. Challenges include environmental concerns, operational costs, safety risks, market competition, and regulatory compliance. The market is highly competitive and subject to ongoing changes and developments.

 

Market Dynamics

Market Trends - The role of dump trucks in infrastructure development

Dump trucks are vital to infrastructure development in the dump truck market, serving as essential vehicles for transporting construction materials like aggregates and soil to construction sites and removing debris. Their role is pivotal in ensuring a smooth and efficient flow of materials, thereby expediting construction processes for infrastructure projects such as roads, bridges, tunnels, and buildings. In essence, dump trucks significantly contribute to the productivity and timely completion of infrastructure projects, making them indispensable within this sector of the dump truck market.

Market Driver- Global supply chain disruptions are driving demand for the dump truck market.

Global supply chain disruptions, driven by events like the COVID-19 pandemic and trade tensions, have underscored the crucial role of dump trucks in ensuring the efficient movement of materials in various industries. These disruptions have increased demand for dump trucks, as they are vital for maintaining uninterrupted production and construction schedules. Dump trucks have become essential in mitigating the effects of supply chain challenges, supporting economic continuity, and sustaining infrastructure development worldwide. This heightened demand highlights the long-term significance of dump trucks in essential industries.

 

Market Opportunity-Introduction of Customer Demand for Customization

In the dump truck market, there is a notable trend towards customer demand for customization. Buyers across industries like construction and mining are seeking tailored dump truck solutions to meet their specific needs, encompassing aspects such as payload capacity, body type, and specialized attachments. Customization addresses the diverse and evolving requirements of customers, enhancing fleet efficiency and productivity within the dump truck market.

 

Market Share Analysis- Rear side dump trucks Dump Truck Market will register the fastest growth

The Global Dump Truck Market is analyzed across Rear Side, Roll Off, On-road Dump Trucks, Off-road Dump Trucks, and others. Rear-side dump trucks are poised to register the fastest growth. Rear-side dump trucks, also known as end dump trucks, are specialized vehicles utilized in construction, mining, and agriculture. They feature a unique dumping mechanism that allows for material unloading from the rear or side, enabling precise material placement, particularly in confined or constrained job site conditions. These trucks offer versatility and efficiency in material delivery, making them suitable for tasks such as filling trenches, distributing materials along road shoulders, and operating in tight spaces.

 

Market Share Analysis- Electric engines held a significant market share in 2023

The Global Dump Truck Market is analyzed across various Engine Types including Internal Combustion Engine, Electric Engine, and others. Of these, Electric engines held a significant market share in 2023. The engine types used in the dump truck market vary based on factors such as truck size, intended application, and emissions regulations. Common options include diesel engines for heavy-duty applications, gasoline engines for smaller models, natural gas engines for emissions reduction, electric motors for urban and short-haul use, and emerging technologies like hydrogen fuel cells. The choice of engine depends on cost, environmental concerns, local infrastructure, and operational needs, with a growing emphasis on adopting cleaner and more efficient options to meet emissions standards and reduce environmental impact.

Dump Truck Market Segmentation

 

By Type

  • Rear Side
  • Roll Off
  • On-road Dump Trucks
  • Off-road Dump Trucks

By Engine Type

  • Internal Combustion Engine
  • Electric Engine

 By Engine Capacity

  • 5L
  • 5L to 10L
  • More than 10L

 By Application

  • Building Construction
  • Mining Industry

 By End-User

  • Mining
  • Construction
  • Infrastructure
  • Military
  • Agriculture
  • Others

 By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Dump Truck Market Companies

 

  • AB Volvo
  • Komatsu Ltd
  • The Liebherr Group
  • XCMG Group
  • Dheere & Company
  • Terex Trucks
  • Caterpillar Inc
  • Hitachi Construction Machinery Co Ltd
  • KGHM Zanam SA
  • BelAZ
  • DUX Machinery Corporation

 

*List not exhaustive

Dump Truck Market Outlook 2023

1 Market Overview

1.1 Introduction to the Dump Truck Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Dump Truck Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Dump Truck Market Companies with Area Served

4.2.2 Products Offerings Global Dump Truck Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Dump Truck Market Trends

6.1 Global Dump Truck Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Dump Truck Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Dump Truck Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Dump Truck Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Dump Truck Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Dump Truck Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Dump Truck Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Dump Truck Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Dump Truck Development Regional Status and Outlook

8.1 Global Dump Truck Revenue (USD Million) By Regions (2018-2022)

8.2 North America Dump Truck Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Dump Truck Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Dump Truck Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Dump Truck Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Dump Truck Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Dump Truck Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Dump Truck Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Dump Truck Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Dump Truck Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Dump Truck Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Dump Truck Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Dump Truck Revenue (USD Million) by Applications (2018-2022)

8.5 South America Dump Truck Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Dump Truck Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Dump Truck Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Dump Truck Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Dump Truck Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Dump Truck Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Dump Truck Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Dump Truck Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Dump Truck Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Dump Truck Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Dump Truck Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Dump Truck Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Dump Truck Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Dump Truck Development Regional Status and Outlook Forecast

11.1 Global Dump Truck Revenue (USD Million) By Regions (2023-2030)

11.2 North America Dump Truck Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Dump Truck Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Dump Truck Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Dump Truck Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Dump Truck Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Dump Truck Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Dump Truck Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Dump Truck Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Dump Truck Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Dump Truck Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Dump Truck Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Dump Truck Revenue (USD Million), by Applications (2023-2030)

11.5 South America Dump Truck Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Dump Truck Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Dump Truck Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Dump Truck Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Dump Truck Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Dump Truck Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Dump Truck Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Dump Truck Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Dump Truck Market Companies with Areas Served

Table 3 Products Offerings Global Dump Truck Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Dump Truck Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Dump Truck Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Dump Truck Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Dump Truck Revenue (USD Million) By Type (2018-2022)

Table 11 Global Dump Truck Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Dump Truck Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Dump Truck Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Dump Truck Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Dump Truck Market Share (%) By Regions (2018-2022)

Table 16 North America Dump Truck Revenue (USD Million) By Country (2018-2022)

Table 17 North America Dump Truck Revenue (USD Million) By Type (2018-2022)

Table 18 North America Dump Truck Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Dump Truck Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Dump Truck Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Dump Truck Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Dump Truck Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Dump Truck Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Dump Truck Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Dump Truck Revenue (USD Million) By Country (2018-2022)

Table 26 South America Dump Truck Revenue (USD Million) By Type (2018-2022)

Table 27 South America Dump Truck Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Dump Truck Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Dump Truck Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Dump Truck Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Dump Truck Revenue (USD Million) By Type (2023-2030)

Table 33 Global Dump Truck Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Dump Truck Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Dump Truck Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Dump Truck Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Dump Truck Revenue (USD)By Country (2023-2030)

Table 38 North America Dump Truck Revenue (USD Million) By Type (2023-2030)

Table 39 North America Dump Truck Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Dump Truck Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Dump Truck Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Dump Truck Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Dump Truck Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Dump Truck Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Dump Truck Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Dump Truck Revenue (USD Million) By Country (2023-2030)

Table 47 South America Dump Truck Revenue (USD Million) By Type (2023-2030)

Table 48 South America Dump Truck Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Dump Truck Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Dump Truck Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Dump Truck Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Dump Truck Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Dump Truck Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Dump Truck Revenue Market Share (%) By Type (2022)

Figure 5 Global Dump Truck Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Dump Truck Revenue Market Share (%) By Applications (2022)

Figure 7 Global Dump Truck Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Dump Truck Market Share (%) By Regions (2022)

Figure 9 North America Dump Truck Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Dump Truck Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Dump Truck Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Dump Truck Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Dump Truck Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Dump Truck Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Dump Truck Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Dump Truck Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Dump Truck Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Dump Truck Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Dump Truck Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Dump Truck Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Dump Truck Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Dump Truck Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Dump Truck Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Dump Truck Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Dump Truck Revenue Market Share (%) By Type (2030)

Figure 26 Global Dump Truck Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Dump Truck Revenue Market Share (%) By Applications (2030)

Figure 28 Global Dump Truck Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Dump Truck Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Dump Truck Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Dump Truck Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Dump Truck Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Dump Truck Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Dump Truck Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Dump Truck Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Dump Truck Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Dump Truck Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Dump Truck Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Dump Truck Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Dump Truck Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Dump Truck Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Dump Truck Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Dump Truck Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Dump Truck Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

By Type

  • Rear Side
  • Roll Off
  • On-road Dump Trucks
  • Off-road Dump Trucks

By Engine Type

  • Internal Combustion Engine
  • Electric Engine

 By Engine Capacity

  • 5L
  • 5L to 10L
  • More than 10L

 By Application

  • Building Construction
  • Mining Industry

 By End-User

  • Mining
  • Construction
  • Infrastructure
  • Military
  • Agriculture
  • Others

 By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

Frequently Asked Questions