Load Haul and Dump Trucks Market - Size, Share, Trends, and Forecast, 2022 - 2028

Load Haul and Dump Trucks Market - Size, Share, Trends, and Forecast, 2022 - 2028

A load haul and dump trucks (also known as scoop tram) is a loading machine manufactured for application in the mining industry. Asia Pacific held the dominant position in the market in 2021. Large scale production of minerals in this region have provided the dominant position in the global market. For instance, according to World Mining Congress, the Asia Pacific mining production was pegged at 9.8 billion metric tons in 2016 up from 8.9 billion metric tons in 2010
Market Dynamics
Increasing mining production is one of the major driving factors for growth of global load haul and dump truck market. For instance, according to Coherent Market Insights’ analysis, it is estimated that by 2021, the world production of mineral row material will reach 19.3 million metric ton up from 16.9 million metric ton in 2016. In addition to this, increasing mining production in North America region have increased demand for load haul and dump trucks in this region. According to World Mining Congress, the North America held the second-largest position in mining production in 2016. The U.S. and Canada are major growth engines in the regional market. According to World Mining Congress, North America held a share of near 14.1% in the world mining production in 2016 with a production of 2.4 million metric tons. Hence this high production of mining has led to high demand for load haul and dump trucks in this region.
Key features of the study:
This report provides in-depth analysis of load haul and dump trucks market, market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global load haul and dump trucks market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, load haul and dump trucks market capital, key developments, strategies, and future plans
Companies covered as part of this study include Anchises Technologies Co. Ltd, Atlas Copco, Caterpillar Inc., DUX Machinery Corporation, Eimco Elecon (India) Ltd., GHH Fahrzeuge, Hensley Industries, Inc., Joy Global Inc., KGHM ZANAM S.A, and Mining Technologies International Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global load haul and dump trucks market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global load haul and dump trucks market
Detailed Segmentation:
Global Load Haul and Dump Trucks Market, By Engine Type:
Diesel Engine
Electric Engine
Global Load Haul and Dump Trucks Market, By Mining type
Underground Mining
Surface Mining
Global Load Haul and Dump Trucks Market, By Geography:
North America
By Engine Type
Diesel Engine
Electric Engine
By Mining Type
Underground Mining
Surface Mining
By Country:
U.S.
Canada
Europe
By Engine Type
Diesel Engine
Electric Engine
By Mining Type
Underground Mining
Surface Mining
By Country:
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Engine Type
Diesel Engine
Electric Engine
By Mining Type
Underground Mining
Surface Mining
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Engine Type
Diesel Engine
Electric Engine
By Mining Type
Underground Mining
Surface Mining
By Country:
Brazil
Mexico
Rest of Latin America
Middle East
By Engine Type
Diesel Engine
Electric Engine
By Mining Type
Underground Mining
Surface Mining
By Country:
GCC Countries
Israel
Rest of Middle East
Africa
By Engine Type
Diesel Engine
Electric Engine
By Mining Type
Underground Mining
Surface Mining
By Country:
Northern Africa
Central Africa
South Africa
Company Profiles
Anchises Technologies Co. Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/ Updates
Atlas Copco
Caterpillar Inc.
DUX Machinery Corporation
Eimco Elecon (India) Ltd.
GHH Fahrzeuge
Hensley Industries, Inc.
Joy Global Inc.
KGHM ZANAM S.A
Mining Technologies International Inc.