세계의 덤프 트럭 시장 규모 : 종류별, 최종사용자별, 지역별 범위 및 예측

Dump Trucks Market Size And Forecast

Dump Trucks Market size was valued at USD 53.03 Billion in 2024 and is projected to reach USD 95.14 Billion by 2032, growing at a CAGR of 8.36% from 2026 to 2032.

A dump truck is a heavy-duty vehicle used to transport and unload loose materials including soil, gravel, sand, and rubbish. It has an open-box bed that is hinged at the back and can be raised using hydraulic rams, allowing the contents to be readily unloaded at the delivery location. This mechanism substantially speeds up the unloading process when compared to human techniques, making dump trucks useful in a variety of industries.

Furthermore, dump trucks are commonly used in construction to bring goods to job sites and remove garbage, such as demolition rubble. They are also necessary in mining operations to transport ore and other materials.

Global Dump Trucks Market Dynamics

The key market dynamics that are shaping the dump trucks market include:

Key Market Drivers:

Expanding Infrastructure Development Projects: According to the World Bank's Global Infrastructure Hub, global infrastructure investment is expected to reach USD 94 Trillion by 2040, with demand for heavy construction equipment increasing at an annual rate of 18%. According to the United States Bureau of Transportation Statistics, infrastructure projects that require heavy-duty dump trucks expanded by 42% in 2023, with public construction spending reaching USD 389 Billion, fueling demand for construction vehicles such as dump trucks.

Growing Mining Activities and Mineral Extraction: The US Geological Survey reports that global mining production increased by 28% between 2020 and 2023, with surface mining activities requiring an average of 45 dump trucks per site. According to the International Council on Mining and Metals (ICMM), mining businesses invested USD 165 Billion in equipment in 2023, with 32% going to heavy-duty vehicles, such as mining dump trucks with a capacity of more than 400 tons.

Rise in Urbanization and Construction Activities: According to the United Nations Department of Economic and Social Affairs, the world urban population will grow by 2.5 billion people by 2050, accelerating construction activity. The U.S. Census Bureau's Construction Spending Report reports that total construction spending reached USD 1.97 Trillion in 2023, with commercial and residential projects increasing dump truck utilization by 35% over 2020. According to the Associated General Contractors of America, 78% of construction firms plan to expand their heavy equipment fleet in 2023, with dump trucks being the most often purchased vehicle type.

Key Challenges:

High Capital and Maintenance Costs: High capital and maintenance expenses are one of the major challenges in the dump truck market. The initial expenditure necessary to purchase dump trucks is substantial, making it difficult for small businesses to enter the market and compete with established firms. Furthermore, the heavy-duty nature of these vehicles and the severe environments in which they operate results in significant continuing maintenance costs. This cost barrier discourages potential new entrants and strains existing operators' profits, limiting market expansion.

Environmental Regulations: Manufacturers of dump trucks are under pressure to lower emissions and increase fuel efficiency as governments around the world place a greater emphasis on sustainability. Stricter limits on internal combustion engines need investment in greener technology, such as electric or hybrid vehicles. This transition increased production costs and limited the supply of classic dump trucks, affecting compliance for operators relying on older models.

Key Trends:

Shift towards Electrification: The shift to electrification is a key trend in the dump truck market. As environmental concerns grow, manufacturers are creating more electric dump trucks to cut emissions and running costs. These vehicles provide a sustainable alternative to standard diesel-powered models, supporting worldwide efforts to tackle climate change. The use of electric dump trucks is likely to increase dramatically as technology progresses and charging infrastructure expands, making them more viable for a variety of applications in construction and mining.

Digitalization and Telematics: There is a rising emphasis on digitalization and telematics in the dump truck market. Advanced telematics systems allow for real-time monitoring of vehicle performance, location tracking, and predictive maintenance. This technology enables fleet operators to optimize routes, reduce downtime, and increase overall productivity. As construction and mining operations become more reliant on data-driven decision-making, the demand for smart dump trucks outfitted with these digital solutions is likely to skyrocket.

Global Dump Trucks Market Regional Analysis

Here is a more detailed regional analysis of the dump trucks market:

North America:

According to Verified Market Research, North America is estimated to exhibit substantial growth within the dump trucks market over the forecast period. According to the US Department of Transportation, the Infrastructure Investment and Jobs Act authorized USD 550 Billion in additional infrastructure expenditure through 2026, resulting in a 38% increase in demand for heavy construction equipment. According to the American Road & Transportation Builders Association, highway and bridge building projects increased by 42% in 2023, needing an extra 15,000 dump trucks for major projects, representing a 34% increase in fleet deployment over 2020.

Furthermore, according to the US Geological Survey, mining operations in North America increased by 28% between 2020 and 2023, with surface mining activities requiring 2,500 new dump trucks in 2023 alone. According to Natural Resources Canada, Canadian mining operations increased their dump truck fleet by 32% in 2023, with ultra-class trucks (payload capacity >300 tons) displaying the fastest growth rate at 45% per year for open-pit mining operations.

Asia Pacific:

The Asia Pacific region is estimated to dominate the market during the forecast period. According to the Asian Development Bank, Asia Pacific's infrastructure investment needs will total USD 26 Trillion by 2030, with China investing USD 1.9 Trillion in infrastructure projects in 2023. The Japan Construction Equipment Manufacturers Association claims that dump truck sales in the region climbed by 45% between 2020 and 2023, with infrastructure projects accounting for 68% of heavy-duty construction vehicles. According to the Chinese Ministry of Transport, Belt and Road Initiative projects have increased demand for dump trucks by 52% across participating Asian countries.

Furthermore, according to Australia's Department of Industry, Science, Energy, and Resources, mining operations in the Asia Pacific region have expanded by 34% since 2020, with dump trucks accounting for 42% of total mining vehicle purchases. According to Indonesia's Ministry of Energy and Mineral Resources, the country's mining sector would grow by 28% in 2023, necessitating an additional 1,200 heavy-duty dump trucks for coal and mineral extraction operations, resulting in a 38% rise in dump truck fleet size.

Global Dump Trucks Market: Segmentation Analysis

The Dump Trucks Market is segmented based on Type, End-User, and Geography.

Dump Trucks Market, By Type

• Articulated Dump Trucks
• Rigid Dump Trucks

Based on Type, the market is segmented into Articulated Dump Trucks and Rigid Dump Trucks. The articulated dump truck segment is estimated to dominate the dump trucks market due to its adaptability and greater performance in difficult terrains. These trucks have a hinged design that allows for greater flexibility, making them suitable for construction sites and off-road use. Their capacity to work successfully on difficult surfaces and carry high loads increases their popularity, resulting in a commanding position in the market segment. This trend is projected to continue as the demand for efficient and dependable transportation solutions develops across multiple industries.

Dump Trucks Market, By End-User

• Construction
• Mining
• Agriculture
• Waste Management
• Others

Based on End-User, the market is segmented into Construction, Mining, Agriculture, Waste Management, and Others. The construction segment is estimated to dominate the dump trucks market during the forecast period. This dominance is fueled by the growing need for dump trucks in construction, where they are required to deliver heavy materials such as concrete, gravel, and soil. The increase in urbanization and infrastructure development projects in both developed and emerging nations drives this segment's growth, as governments and private entities engage substantially in constructing to fulfill the needs of rising populations and improve connectivity.

Key Players

• The "Dump Trucks Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Caterpillar, Inc., Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Volvo Group, Liebherr Group, Terex Corporation, SANY Group, XCMG Group, Bell Equipment, and Doosan Corporation.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Dump Trucks Market Recent Developments
• In November 2022, Chile's Codelco introduced an electric LHD (load, haul, dump) truck with a 14t shovel capacity. The vehicle performs the same functions as the conventional counterpart while saving 160,000 liters of diesel and emitting 433t of greenhouse gases every year, according to a corporate release.
• In November 2022, Caterpillar Inc. announced the successful demonstration of its first battery-electric 793 big mining vehicle, as well as a significant investment to turn its Arizona proving ground into a future sustainable testing and validation hub. Caterpillar completed the development of its first battery-electric 793 prototype with assistance from important mining customers who participated in Caterpillar's Early Learner program. BHP, Freeport-McMoRan, Newmont Corporation, Rio Tinto, and Teck Resources Limited are among the program participants who have signed definitive agreements for electrification.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL DUMP TRUCKS MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 2.1 Data mining
• 2.2 Secondary research
• 2.3 Primary research
• 2.4 Subject matter expert advice
• 2.5 Quality check
• 2.6 Final review
• 2.7 Data triangulation
• 2.8 Bottom-up approach
• 2.9 Top-down approach
• 2.10 Research flow
• 2.11 Data sources

3 EXECUTIVE SUMMARY

• 3.1 Overview
• 3.2 Absolute $ Opportunity
• 3.3 Market attractiveness
• 3.4 Future Market Opportunities

4 GLOBAL DUMP TRUCKS MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL DUMP TRUCKS MARKET, BY TYPE

• 5.1 Overview
• 5.2 Articulated Dump Trucks
• 5.3 Rigid Dump Trucks

6 GLOBAL DUMP TRUCKS MARKET, BY END-USER

• 6.1 Overview
• 6.2 Construction
• 6.3 Mining
• 6.4 Agriculture
• 6.5 Waste Management
• 6.6 Others

7 GLOBAL DUMP TRUCKS MARKET, BY GEOGRAPHY

• 7.1 Overview
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 U.K.
  • 7.3.3 France
  • 7.3.4 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 Japan
  • 7.4.3 India
  • 7.4.4 Rest of Asia Pacific
• 7.5 Rest of the World
  • 7.5.1 Latin America
  • 7.5.2 Middle East and Africa

8 GLOBAL DUMP TRUCKS MARKET COMPETITIVE LANDSCAPE

• 8.1 Overview
• 8.2 Company Market Ranking
• 8.3 Key Development Strategies
• 8.4 Company Regional Footprint
• 8.5 Company Industry Footprint
• 8.6 ACE Matrix

9 COMPANY PROFILES

• 9.1 Caterpillar Inc.
  • 9.1.1 Company Overview
  • 9.1.2 Company Insights
  • 9.1.3 Business Breakdown
  • 9.1.4 Product Benchmarking
  • 9.1.5 Key Developments
  • 9.1.6 Winning Imperatives
  • 9.1.7 Current Focus & Strategies
  • 9.1.8 Threat from Competition
  • 9.1.9 SWOT Analysis
• 9.2 Komatsu Ltd.
  • 9.2.1 Company Overview
  • 9.2.2 Company Insights
  • 9.2.3 Business Breakdown
  • 9.2.4 Product Benchmarking
  • 9.2.5 Key Developments
  • 9.2.6 Winning Imperatives
  • 9.2.7 Current Focus & Strategies
  • 9.2.8 Threat from Competition
  • 9.2.9 SWOT Analysis
• 9.3 Hitachi Construction Machinery Co., Ltd.
  • 9.3.1 Company Overview
  • 9.3.2 Company Insights
  • 9.3.3 Business Breakdown
  • 9.3.4 Product Benchmarking
  • 9.3.5 Key Developments
  • 9.3.6 Winning Imperatives
  • 9.3.7 Current Focus & Strategies
  • 9.3.8 Threat from Competition
  • 9.3.9 SWOT Analysis
• 9.4 Volvo Group
  • 9.4.1 Company Overview
  • 9.4.2 Company Insights
  • 9.4.3 Business Breakdown
  • 9.4.4 Product Benchmarking
  • 9.4.5 Key Developments
  • 9.4.6 Winning Imperatives
  • 9.4.7 Current Focus & Strategies
  • 9.4.8 Threat from Competition
  • 9.4.9 SWOT Analysis
• 9.5 Liebherr Group
  • 9.5.1 Company Overview
  • 9.5.2 Company Insights
  • 9.5.3 Business Breakdown
  • 9.5.4 Product Benchmarking
  • 9.5.5 Key Developments
  • 9.5.6 Winning Imperatives
  • 9.5.7 Current Focus & Strategies
  • 9.5.8 Threat from Competition
  • 9.5.9 SWOT Analysis
• 9.6 Terex Corporation
  • 9.6.1 Company Overview
  • 9.6.2 Company Insights
  • 9.6.3 Business Breakdown
  • 9.6.4 Product Benchmarking
  • 9.6.5 Key Developments
  • 9.6.6 Winning Imperatives
  • 9.6.7 Current Focus & Strategies
  • 9.6.8 Threat from Competition
  • 9.6.9 SWOT Analysis
• 9.7 SANY Group
  • 9.7.1 Company Overview
  • 9.7.2 Company Insights
  • 9.7.3 Business Breakdown
  • 9.7.4 Product Benchmarking
  • 9.7.5 Key Developments
  • 9.7.6 Winning Imperatives
  • 9.7.7 Current Focus & Strategies
  • 9.7.8 Threat from Competition
  • 9.7.9 SWOT Analysis
• 9.8 XCMG Group
  • 9.8.1 Company Overview
  • 9.8.2 Company Insights
  • 9.8.3 Business Breakdown
  • 9.8.4 Product Benchmarking
  • 9.8.5 Key Developments
  • 9.8.6 Winning Imperatives
  • 9.8.7 Current Focus & Strategies
  • 9.8.8 Threat from Competition
  • 9.8.9 SWOT Analysis
• 9.9 Bell Equipment
  • 9.9.1 Company Overview
  • 9.9.2 Company Insights
  • 9.9.3 Business Breakdown
  • 9.9.4 Product Benchmarking
  • 9.9.5 Key Developments
  • 9.9.6 Winning Imperatives
  • 9.9.7 Current Focus & Strategies
  • 9.9.8 Threat from Competition
  • 9.9.9 SWOT Analysis
• 9.10 Doosan Corporation
  • 9.10.1 Company Overview
  • 9.10.2 Company Insights
  • 9.10.3 Business Breakdown
  • 9.10.4 Product Benchmarking
  • 9.10.5 Key Developments
  • 9.10.6 Winning Imperatives
  • 9.10.7 Current Focus & Strategies
  • 9.10.8 Threat from Competition
  • 9.10.9 SWOT Analysis

10 KEY DEVELOPMENTS

• 10.1 Product Launches/Developments
• 10.2 Mergers and Acquisitions
• 10.3 Business Expansions
• 10.4 Partnerships and Collaborations

11 APPENDIX

• 11.1 Related Research