Articulated Truck Market Analysis, Growth Drivers, Trends, and Forecast till 2025

Construction
Articulated Truck Market

The aim of this report Articulated trucks Market, This report provides over view of manufacturers, production, application and regions. The report show the regions wise production, revenue, consumption, import and export in these regions.

Articulated trucks or medium sized dump trucks are off road equipment used to carry heavy loads to and from a rough terrain. These trucks are articulated in a way that the front part of the truck is called the tractor while the dump body which is the rear part is pivoted to the tractor in a single point. This design offers greater stability and turning radius than the grid trucks which is a necessary requirement in uneven terrains. The axles of these articulated trucks are designed in such a way that all the rear wheels of the truck follow the same path trudged by the front wheels. These articulated trucks can also be modified in accordance to requirement to masquerade as a concrete mixer, liquid tanker among others in its rear section. 

Several market drivers have churned the growth of articulated trucks with construction and mining industry being the most important factors increasing its demand. The trucks ability to navigate uneven and difficult terrains with high flexibility are some of the prime reasons for its improving demand in the market. While the manufacturers of such trucks are far and few, technical collaborations between major players has also increased in recent years in order to improve product specification and optimize operating efficiency. The high cost of off road vehicles may come across as a roadblock to the healthy growth of the market, schemes such as renting and leasing of such vehicles for a period of time has led to an increase in demand of articulated trucks owing to less cost involved. The articulated trucks are also continuously developed to cater the changing tastes of the end users with air conditioning, wider tires, drive assist among others being incorporated in the trucks to increase the number of buyers.

 

The global Articulated Truck market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

Articulated Truck

 

Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology

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This report focuses on Articulated Truck volume and value at global level, regional level and company level. From a global perspective, this report represents overall Articulated Truck market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

 

The following manufacturers are covered:

Segment by Regions

 

  • North America
  • Europe
  • China
  • Japan

Segment by Type

 

  • Less than 20 Tons
  • 21 to 35 Tons
  • More than 35 Tons

Segment by Application

 

  • Construction
  • Mining
  • Agriculture
  • Waste Recycling
  • Others

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