Global Mining Truck Market 2017-2021

  • ID: 4339855
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Ashok Leyland
  • BELAZ
  • Caterpillar
  • Komatsu
  • Mack Trucks
  • Sandvik
  • MORE
About Mining Truck

Mining trucks are defined as specialized trucks used for carrying and hauling mining materials such as minerals, metals, and coal. The global truck mining market is segmented into light-duty vehicles, medium-duty vehicles, and heavy-duty vehicles. When the gross weight of the vehicle is more than 33,069 lbs., it is termed as a heavy-duty vehicle. Mining trucks are heavy-duty machines, which are used to haul minerals and other mining materials from one place to another.

The analysts forecast the global mining truck market to grow at a CAGR of 5.90% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global mining truck market for 2017-2021. To calculate the market size, the report considers only new demand to be generated in the coming years.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Mining Truck Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Caterpillar
  • Hitachi Construction Machinery
  • Komatsu
  • Liebherr
  • Terex Trucks
Other prominent vendors
  • Ashok Leyland
  • Asia Motors
  • Atlas Copco
  • BELAZ
  • BEML
  • BharatBenz
  • CNH Industrial
  • Deere & Company
  • KRESS CORPORATION
  • Mack Trucks
  • MAN Truck & Bus
  • PACCAR Australia Pty
  • Sandvik
  • SANY GROUP
  • Scania
  • Tata Motors
  • TATRA TRUCKS
Market drivers
  • Smart mining equipment demand
  • For a full, detailed list, view the full report
Market challenges
  • Over-dependence on China
  • For a full, detailed list, view the full report
Market trends
  • Rise in rental equipment
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ashok Leyland
  • BELAZ
  • Caterpillar
  • Komatsu
  • Mack Trucks
  • Sandvik
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global mining truck market by product
  • 90-150-ton mining truck
  • 154-255-ton mining trucks
  • 290-363-ton mining trucks
PART 07: Geographical segmentation
  • Global mining truck market by geography
  • Mining truck market in APAC
  • Mining truck market in Americas
  • Mining truck market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Autonomous haulage systems
  • Increase in safety features
  • Rise in rental equipment
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Caterpillar
  • Hitachi Construction Machinery
  • Komatsu
  • Liebherr
  • Terex Trucks
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Frame manufacturing process of mining trucks
Exhibit 02: Global mining truck market by product 2016-2021 ($ billions)
Exhibit 03: Global mining truck market by geography 2016-2021 ($ billions)
Exhibit 04: Global mining truck market segmentation
Exhibit 05: Global mining truck market 2016-2021 ($ billions)
Exhibit 06: Upcoming mining projects 2017
Exhibit 07: Five forces analysis
Exhibit 08: Global mining truck market by product
Exhibit 09: Global mining truck market by product share 2016 and 2021 (%)
Exhibit 10: Global mining truck market by 90-154-ton mining trucks 2016-2021 ($ billions)
Exhibit 11: Global mining truck market by 154-255-ton mining trucks 2016-2021 ($ billions)
Exhibit 12: Global mining truck market by 290-363-ton mining trucks 2016-2021 ($ billions)
Exhibit 13: Global mining truck market by geography 2016 and 2021 (%)
Exhibit 14: Mining truck market in APAC 2016-2021 ($ billions)
Exhibit 15: Key mining highlights in APAC 2016-2017
Exhibit 16: Mining truck market in Americas 2016-2021 ($ billions)
Exhibit 17: Key mining highlights in Americas 2016-2017
Exhibit 18: Mining truck market in EMEA 2016-2021 ($ billions)
Exhibit 19: Global smart mining equipment market 2017-2020 ($ billions)
Exhibit 20: World steel production by region
Exhibit 21: Key points of Paris Climate Change agreement
Exhibit 22: Common safety measures for mining trucks
Exhibit 23: Pros and cons of rented equipment
Exhibit 24: Other prominent vendors
Exhibit 25: Caterpillar: Business segments
Exhibit 26: Caterpillar: Equipment product portfolio
Exhibit 27: Caterpillar: Mining trucks
Exhibit 28: Caterpillar: Key news
Exhibit 29: HCM: Equipment product portfolio
Exhibit 30: Hitachi Construction Machinery: Mining trucks
Exhibit 31: Hitachi Construction Machinery: Key news
Exhibit 32: Komatsu: Equipment product portfolio
Exhibit 33: Komatsu: Mining trucks
Exhibit 34: Komatsu: Key news
Exhibit 35: Liebherr: Equipment product portfolio
Exhibit 36: Liebherr: Mining trucks
Exhibit 37: Liebherr: Key news
Exhibit 38: Terex Trucks: Mining trucks
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ashok Leyland
  • BELAZ
  • Caterpillar
  • Komatsu
  • Mack Trucks
  • Sandvik
  • MORE
New Report Released: – Global Mining Truck Market 2017-2021

The author of the report recognizes the following companies as the key players in the global mining truck market: Caterpillar, Hitachi Construction Machinery, Komatsu, Liebherr, and Terex Trucks.

Other Prominent Vendors in the market are: Ashok Leyland, Asia Motors, Atlas Copco, BELAZ, BEML, BharatBenz, CNH Industrial, Deere & Company, KRESS CORPORATION, Mack Trucks, MAN Truck & Bus, PACCAR Australia Pty, Sandvik, SANY GROUP, Scania, Tata Motors, and TATRA TRUCKS.

Commenting on the report, an analyst from the research team said: “One trend in the market is rise in rental equipment. Purchasing new equipment is expensive. Therefore, small and medium enterprises (SMEs) often rent equipment to save on costs. Mining equipment, such as trucks, require a large sum for down payment and insurance, license fees, and taxes, further adding to the cost.”

According to the report, one driver in the market is smart mining equipment demand. The World Bank has predicted a growth of only 0.5% for the global mining industry in the coming years. Since the mining sector is in the midst of a gradual recovery, most mining companies are adopting advanced and automated technologies to boost productivity. Lower grade ores, precarious commodity markets, the decline in productivity, spiraling operational costs, and declining resource pools have remained major threats for the mining sector.

Further, the report states that one challenge in the market is over-dependence on China. China is the largest producer and consumer of steel and therefore, plays a crucial role in controlling key commodities through subsidies and production capacity. For instance, steel factories in China receive subsidies for their power and petroleum utilization, which enables these factories to export their steel at lower rates than those in other countries. China is responsible for nearly 70% of global iron ore demand and roughly for 40% of global copper demand. Furthermore, 12 of the top 40 mining companies are based in China.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Caterpillar
  • Hitachi Construction Machinery
  • Komatsu
  • Liebherr
  • Terex Trucks
  • Ashok Leyland
  • Asia Motors
  • Atlas Copco
  • BELAZ
  • BEML
  • BharatBenz
  • CNH Industrial
  • Deere & Company
  • KRESS CORPORATION
  • Mack Trucks
  • MAN Truck & Bus
  • PACCAR Australia Pty
  • Sandvik
  • SANY GROUP
  • Scania
  • Tata Motors
  • TATRA TRUCKS
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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