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. This report aims to provide a comprehensive presentation of the global market for Articulated Truck, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Articulated Truck. This report contains market size and forecasts of Articulated Truck in global, including the following market information: Global Articulated Truck Market Revenue, 2018-2023, 2024-2029, ($ millions) Global Articulated Truck Market Sales, 2018-2023, 2024-2029, (K Units) Global top five Articulated Truck companies in 2022 (%) The global Articulated Truck market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. 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. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Articulated Truck manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global Articulated Truck Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Articulated Truck Market Segment Percentages, by Type, 2022 (%) Less than 20 Tons 21 to 35 Tons More than 35 Tons Global Articulated Truck Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Articulated Truck Market Segment Percentages, by Application, 2022 (%) Construction Mining Agriculture Waste Recycling Others Global Articulated Truck Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Articulated Truck Market Segment Percentages, By Region and Country, 2022 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies Articulated Truck revenues in global market, 2018-2023 (Estimated), ($ millions) Key companies Articulated Truck revenues share in global market, 2022 (%) Key companies Articulated Truck sales in global market, 2018-2023 (Estimated), (K Units) Key companies Articulated Truck sales share in global market, 2022 (%) Further, the report presents profiles of competitors in the market, key players include: Volvo Terex Corporation Doosan Corporation Deere & Company Caterpillar Bell Trucks America The Liebherr Group Komatsu Hydrema Holding Outline of Major Chapters: Chapter 1: Introduces the definition of Articulated Truck, market overview. Chapter 2: Global Articulated Truck market size in revenue and volume. Chapter 3: Detailed analysis of Articulated Truck manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6: Sales of Articulated Truck in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Global Articulated Truck capacity by region & country. Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports 1.1 Articulated Truck Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Articulated Truck Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base
