global mining truck market 2015-2019
TRANSCRIPT
Covered in this Report
• This report covers the present scenario and the growth prospects of the global mining truck market for the period 2015-2019.
• The report includes historical sales of mining trucks in the global mining industry.
• The market size is determined by the number of units sold.
• The performance of the mining truck market is forecast with the help of the predicted CAGR after an analysis of the present condition of the market.
• Furthermore, a geographical analysis has been performed and key leading countries have been identified.
Global Mining Truck Market 2015-2019
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Market Overview• Mining trucks, often referred to as haul trucks, are rigid
dump trucks exclusively engineered for use in off-road operations such as mining and heavy-duty construction.
• Mining trucks are classified based on capacity, number of axles, drive options, and dump types.
• Mining trucks account for 45.27% of the entire mining equipment market.
• The capacity of mining trucks range from 90 to 363 metric tons. Mining trucks with capacities ranging from 308-363 metric tons are classified as ""ultra-class"" trucks.
• Technavio's analysts forecast the global mining truck market to grow at a CAGR of 1.99% over the period 2014-2019.
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Key Vendors and Regions
• Caterpillar
• Hitachi Construction Machinery
• Komatsu
• BelAZ
• Liebherr
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• Australia
• US
• Indonesia
• Canada
Vendors Regions
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Key Findings
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• The global mining truck market is facing a major challenge due to an increase in the prices of raw materials.
• To counter this challenge and improve sales, manufacturers are providing customers with attractive incentives, such as free attachments and supporting equipment, with bulk orders.
• It is expected that these incentives will encourage mining companies to procure equipment.
• Additionally, the ownership of mining trucks involves high initial investment.
• Manufacturers are providing organizations with attractive financing options.
• The availability of financing options provides mining companies with the opportunity to own equipment with minimal initial investment.
Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Global Mining Truck Market 2015-2019
67 Pages | SKU: IRTNTR6626
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