Global Tipping Lorry Supply, Demand and Key Producers, 2023-2029
The global Tipping Lorry market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
The demand for dump lorries is closely tied to the construction industry. As the construction sector expands, there is typically an increased need for dump lorries to transport and unload materials such as sand, gravel, and construction debris. Therefore, the growth of the construction industry can positively impact the dump lorry market. Infrastructure projects, such as road construction, bridges, and tunnels, often require the use of dump lorries to transport earth, rocks, and other materials. The investment in infrastructure development by governments and private enterprises can drive the demand for dump lorries. The growing emphasis on sustainability and reducing carbon emissions is leading to the emergence of electric dump lorries. Electric vehicles, including dump lorries, are gaining traction as battery technology improves and charging infrastructure expands. The adoption of electric dump lorries may increase as regulations and incentives favor eco-friendly transportation solutions.
A tipping lorry, known also as a dumper truck, is used for transporting materials (such as dirt, gravel, or demolition waste) for construction as well as coal. A typical dump truck is equipped with an open-box bed, which is hinged at the rear and equipped with hydraulic rams to lift the front, allowing the material in the bed to be deposited ("dumped") on the ground behind the truck at the site of delivery.
This report studies the global Tipping Lorry production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Tipping Lorry, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Tipping Lorry that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Tipping Lorry total production and demand, 2018-2029, (K Units)
Global Tipping Lorry total production value, 2018-2029, (USD Million)
Global Tipping Lorry production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Tipping Lorry consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: Tipping Lorry domestic production, consumption, key domestic manufacturers and share
Global Tipping Lorry production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global Tipping Lorry production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Tipping Lorry production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).
This reports profiles key players in the global Tipping Lorry market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sinotruk, Dongfeng Group, XCQC, GENLVON, FAW, Daimler, Hitachi Construction Machinery, Volvo and Caterpillar, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Tipping Lorry market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Tipping Lorry Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Tipping Lorry Market, Segmentation by Type
On-Road Dumper Lorry
Off-Road Dumper Lorry
Global Tipping Lorry Market, Segmentation by Application
Construction
Mining
Others
Companies Profiled:
Sinotruk
Dongfeng Group
XCQC
GENLVON
FAW
Daimler
Hitachi Construction Machinery
Volvo
Caterpillar
PACCAR
Isuzu
Volkswagen
Doosan
Ashok Leyland
Jianghuai Automobile
Key Questions Answered
1. How big is the global Tipping Lorry market?
2. What is the demand of the global Tipping Lorry market?
3. What is the year over year growth of the global Tipping Lorry market?
4. What is the production and production value of the global Tipping Lorry market?
5. Who are the key producers in the global Tipping Lorry market?
6. What are the growth factors driving the market demand?