Mining Dump Trucks Market Key Players Set for Rapid Growth and Trend, by 2025

1. Mining Dump Trucks Market  Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2025 ©2019 Transparency Market Research, All Rights Reserved

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3. Mining dump trucks are utilized for the transportation of released rocks and bits during the mining process. • These released rocks and bits are transported to end-users’ sites. Contractors engaged in the general construction business are switching from highly priced dumping trucks to mining dump trucks, as they are low-priced and with high operational efficiency. • Mining trucks with different pay-load capacities are permitted to ply on the highways. • Due to increase in mining activities and development of new mining sites, especially new coalfields; the production of rigid machines such as mining dump trucks has increased over the years. Demand from construction and cement sectors also remains buoyant. Global Thermal Paper Market: Overview View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Global Thermal Paper Market: Segmentation • Based on product type, the global mining dump trucks market can be segmented into rear dump trucks, bottom dump trucks, lube trucks, tow trucks, water trucks, and others. • Mining dump trucks are large-bottom dump trucks, which transport or haul a large amount of materials. • The choice of the type and size of a mining dump truck would depends on numerous factors including the size of mine, type of mine, mined minerals, excavation machinery available, and the capital investable or invested. • Based on capacity, the mining dump trucks market can be segmented into: 90–110 metric tons, 127–150 metric tons, 154–190 metric tons, 218–255 metric tons, 290 metric tons, and 308–363 metric tons. • Based on mining type, the market can be segregated into open-pit mining and underground mining. • There are several companies involved in the supply of dumping trucks. Generally, they have short-term or long-term contracts with the mining companies.

5. Zirconium Nitride Market Driving Factors Growth of the mining industry is the primary driver for the mining dump trucks market. Use of coal as an energy source is increasing in several end-use industries such as steel. The growing mining industry across the globe, especially Asia Pacific, is likely to result in significant growth of the global mining dump trucks market. Furthermore, increasing demand for electricity is expected to augment the global demand for coal, which would lead to mining dump trucks witnessing high demand in the next few years. Globally, China accounts for the maximum coal production, followed by the U.S. In Europe, Russia leads in terms of coal production, followed by Germany and Poland. ©2019 Transparency Market Research, All Rights Reserved

6. Key manufacturers and suppliers of mining dump trucks include Caterpillar, Inc., European Truck Factory GmbH Hitachi Construction Machinery Co., Ltd. AB Volvo Komatsu Ltd. BAS Mining Trucks OJSC Belaz. ©2019 Transparency Market Research, All Rights Reserved

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