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Global Tipper Trucks Market Outlook 2022
SKU ID : QYR-19610503 | Publishing Date : 29-Nov-2021
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Tipper truck are known as dump truck or dumper or tipper or tipper lorry. Tipper trucks transport lose materials such as gravel, stone chips and sand, lose rocks etc. Tipper trucks have material loading space in rear that is hinged at the back of the truck and pistons in front to deposit or dump materials at the site of delivery such as open-pit mining sites, etc.
Rising demand for material transportation in mining industries across the world is increasing the demand for tipper trucks. Scania CV India which is a subsidiary of Scania AB Sweden launched a new tipper truck U-BODY for mining sector of India including coal and iron ore mining. Scania has also developed a fleet management system (FMS) which provides tippers’ positions, driving behavior, tipper idling time and fuel consumption specifically for mining sector in India. Scania India has partnered with Larsen & Toubro to provide tipper trucks and other construction and mining machinery for the mining sector in India since 2007. The firm has supplied Indian mining company BGR Mining & Infra with 350 Scania P 410 tipper trucks. Rising demand for infrastructure in BRICS (Brazil, Russia, India, China and South Africa) nation is increasing the demand for tipper trucks. Stringent vehicle emission norms and increasing focus of governments to increase fuel efficiency is increasing the demand to develop tipper trucks of alternate fuels such as hybrid, electric or bio-gas. An opportunity for truck tipper market is developing bio-diesel tipper trucks. Komatsu formed a joint venture (JV) with Indonesian government to develop bio-diesel tippers. Bio-diesel tippers use non-food source plant, Jatophra which grows on less fertile soil. The firm estimates that 1,000 bio-fuel powered tipper trucks will reduce 200,000 tonnes of carbon di-oxide emission per year.
Market Analysis and Insights: Global Tipper Trucks Market
The global Tipper Trucks market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Tipper Trucks Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Tipper Trucks Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
On-Road Tipper
Off-Road Tipper
Segment by Application
Building Construction
Mining Industry
Others
By Company
JAC
Sinotruk
Volkswagen
Caterpillar
Weichai
PACCAR
Isuzu
FAWJiefang
Daimler
Dongfeng
Volvo
Doosan
SIH
SANY
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Rising demand for material transportation in mining industries across the world is increasing the demand for tipper trucks. Scania CV India which is a subsidiary of Scania AB Sweden launched a new tipper truck U-BODY for mining sector of India including coal and iron ore mining. Scania has also developed a fleet management system (FMS) which provides tippers’ positions, driving behavior, tipper idling time and fuel consumption specifically for mining sector in India. Scania India has partnered with Larsen & Toubro to provide tipper trucks and other construction and mining machinery for the mining sector in India since 2007. The firm has supplied Indian mining company BGR Mining & Infra with 350 Scania P 410 tipper trucks. Rising demand for infrastructure in BRICS (Brazil, Russia, India, China and South Africa) nation is increasing the demand for tipper trucks. Stringent vehicle emission norms and increasing focus of governments to increase fuel efficiency is increasing the demand to develop tipper trucks of alternate fuels such as hybrid, electric or bio-gas. An opportunity for truck tipper market is developing bio-diesel tipper trucks. Komatsu formed a joint venture (JV) with Indonesian government to develop bio-diesel tippers. Bio-diesel tippers use non-food source plant, Jatophra which grows on less fertile soil. The firm estimates that 1,000 bio-fuel powered tipper trucks will reduce 200,000 tonnes of carbon di-oxide emission per year.
Market Analysis and Insights: Global Tipper Trucks Market
The global Tipper Trucks market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Tipper Trucks Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Tipper Trucks Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
On-Road Tipper
Off-Road Tipper
Segment by Application
Building Construction
Mining Industry
Others
By Company
JAC
Sinotruk
Volkswagen
Caterpillar
Weichai
PACCAR
Isuzu
FAWJiefang
Daimler
Dongfeng
Volvo
Doosan
SIH
SANY
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
