Articulated Hauler Market Volume Forecast and Value Chain Analysis 2018-2028

Posted by Preet on January 28th, 2020

The study on the global articulated hauler market provides granular assessments of key growth dynamics and opportunities in the market. These include a comprehensive analysis of the regulatory and strategic landscape during the historical period on the global level and across numerous regions. Fact.MR offers data-driven insights through the articulated hauler market sizing and projections of various segments—shares and size—during the forecast period. The insights offered in the report are aimed at guiding companies and players to identify new growth avenues, winning imperatives, and untapped regional markets.

Also known as articulated dump trucks, articulated haulers are large, heavy duty variants of dump trucks, which are primarily used to transport larger loads in rough terrain. Most of these vehicles are equipped with all wheel drives. While the vehicle was first developed to transport soil and other aggregates, in recent times these vehicles are also finding application in the fields of highway maintenance, agriculture, construction, and mining.

Decline in Rigid Haulers Supports the Growth of Articulated Haulers

The global articulated hauler market is largely controlled by a few companies, which hold control over most of the demand from haulers including end use industries, which has resulted in a consolidated business atmosphere.

Major players such as Hitachi construction, Caterpillar, Deere & Company, Komatsu, CNH Industrial N.V., and Volvo are increasing their investments into research and development activities, regional expansion, and the launch of new products, to maintain their greater market share.

In addition, the European construction industry, which has been witnessing growth in recent years, has now plateaued, and will gradually decline in the near future. Consequently, vehicle manufacturers are reducing the production of equipment such as excavators, cranes and more.

In the making of the articulated hauler market study, the following are taken into:

• History Period: 2013-2017
• Base Period: 2013
• Estimated Year: 2028
• Forecast Period: 2018 – 2028

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Interested market participants and readers can peruse the global market articulated hauler market report to get insights into and evaluation of:

• Key growth drivers and restraints, trends and opportunities, and major challenges influencing the adoption rate of offerings by various players in the articulated hauler market
• Major research and product development projects
• Promising technologies and favorable regulations in key regions
• Segments that will lose or gain shares in the next few years
• Value chain of key vendors and manufacturers

The articulated hauler market report provides estimations and the market sizing and prospects of various regions. To this end, the study makes in-depth segmentation of the following key regions:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico)
• Europe (U.K., Germany)
• APEJ (China, India)

The study also takes a closer look at the prevailing regulatory and macroeconomic frameworks and in the key country markets.

Fact.MR has been closely tracking shares and size, and factors shaping the demand and consumption dynamics of various offering by key players in the articulated hauler market over the past several years. To this end, the study segments the articulated hauler market on the following product types:

• Mining
• Construction
• Forest & Agriculture

The report, in order to offer a comprehensive assessment of the growth dynamics shaping the prospects of end users, segments the overall articulated hauler market into:

• Up to 400 HP
• 400-500 HP
• More than 500 HP

Detailed profiling of the competitive landscape include following players:

• Caterpillar, Inc.
• Komatsu Ltd.
• Volvo Group
• Hitachi Construction Machinery Co. Ltd.
• Deere & Company
• Liebherr Group
• Doosan Corporation
• CNH Industrial N.V.
• XCMG Group.
• Bell Trucks America, Inc.

Fact.MR strives to offer market analytics and business intelligence solutions to guide businesses in better strategy formulations in the articulated hauler market.

The articulated hauler market report will improve the revenue impact of businesses in various industries by:

• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the articulated hauler market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global articulated hauler market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the articulated hauler market.