Articulated Hauler Market Analysis, Development, and Forecast by 2031

MARKET INTRODUCTION

Articulated hauler is also known as articulated dump truck (ADT); this equipment is used for the transportation of heavy loads in rough terrains. Articulated hauler offers greater stability and turning radius than the grid trucks, which is primarily necessary for uneven terrains. ADT has the ability to navigate uneven and difficult terrains with high flexibility. These are some of the major driving factors for the articulated hauler market growth during the forecast period.

MARKET DYNAMICS

The increasing construction activities in the emerging region and rising demand for minerals have led to increased mining activity across the globe, this factor is likely to trigger the articulated hauler market growth during the forecast period. However, high cost and high maintenance cost associated with articulated hauler may hamper the articulated hauler market growth. Furthermore, the manufacturers of articulated haulers are focusing on introducing additional features to achieve fuel efficiency, low emission engines, increased productivity, and technologies such as GPS and telematics. This advancement in the articulated hauler is expected to influence the growth of the articulated hauler market in the coming years.

MARKET SCOPE

The "Global Articulated Hauler Market Analysis to 2031" is a specialized and in-depth study of the articulated hauler industry with a special focus on the global market trend analysis. The report aims to provide an overview articulated hauler market with detailed market segmentation as payload capacity, engine power, end-user, and geography. The global articulated hauler market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading articulated hauler market players and offers key trends and opportunities in the articulated hauler market.

MARKET SEGMENTATION

The global articulated hauler market is segmented on the basis of payload capacity, engine power, end-user. On the basis of payload capacity the market is segmented as below 30 tons, 30-40 tons, above 40 tons. On the basis of engine power the market is segmented as up to 400 hp, 400-500 hp, more than 500 hp. On the basis of end-user the market is segmented as mining, construction, forest and agriculture.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global articulated hauler market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The articulated hauler market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting articulated hauler market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the articulated hauler market in these regions.

MARKET PLAYERS

The reports cover key developments in the articulated hauler market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Articulated hauler market are anticipated to lucrative growth opportunities in the future with the rising demand for articulated hauler in the global market. Below mentioned is the list of few companies engaged in the articulated hauler market.

The report also includes the profiles of key articulated hauler companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   AB Volvo
  
•   Bell Trucks America, Inc.
  
•   Caterpillar Inc.
  
•   CNH Industrial N.V.
  
•   Deere & Company
  
•   Doosan Infracore
  
•   Komatsu Ltd.
  
•   Liebherr-International Deutschland GmbH
  
•   Sany Group
  
•   Terex Trucks
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Articulated Hauler Report Scope