The Construction Dumper Market to grow at a CAGR of 3.92% from 2021 to 2026|Smart city development will drive market growth -Technavio

NEW YORK, July 28, 2023 /PRNewswire/ — The construction dumper market’s growth momentum will accelerate at a CAGR of 3.92% and the market share will increase by USD 2.92 billion from 2021 to 2026, according to Technavio – Download the Sample Report.

Construction Dumper Market Insights –

Vendors: 15+, Including AB Volvo, BEML Ltd., Caterpillar Inc., CNH Industrial NV, Daimler AG, Deere and Co., Hinduja Group Ltd., Hitachi Ltd., J C Bamford Excavators Ltd., Kamaz Export, Komatsu Ltd., Liebherr International AG, PACCAR Inc., SANY Group, and Volkswagen AG, among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: product (articulated dump trucks and rigid dump trucks) and geography (APAC, Europe, North America, Middle East and Africa, and South America)

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Construction dumper market – Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including – AB Volvo, BEML Ltd., Caterpillar Inc., CNH Industrial NV, Daimler AG, Deere and Co., Hinduja Group Ltd., Hitachi Ltd., J C Bamford Excavators Ltd., Kamaz Export, Komatsu Ltd., Liebherr International AG, PACCAR Inc., SANY Group, and Volkswagen AG.

Construction Dumper Market – Market Dynamics

Key Driver

Smart city development is a key factor driving market growth. Rapid urbanization and the emergence of smart cities all over the world require significant investment in the construction sector, increasing the demand for construction dump trucks. To address concerns about global warming and ozone depletion, governments in both developed and developing countries are taking steps to control carbon dioxide emissions by introducing stricter emission limits. The deployment of intelligent infrastructure automation, smart grids, and control systems in smart cities will play a key role in reducing power consumption and carbon emissions, minimizing losses, and optimizing operations. Hence, these advanced features provided by smart cities are expected to drive the construction dumpers market growth during the forecast period.

Major Trends

The demand for fuel-efficient products is a major trend in the market. Environmental agencies such as the US EPA and NHTSA regularly introduce updated emission standard guidelines for heavy-duty vehicles, including heavy-duty trucks, to reduce carbon pollution and improve fuel efficiency. This will lead to increased demand for fuel-efficient products and lead to future manufacturing innovations. Rising end-user demands for fuel efficiency and new U.S. Environmental Protection Agency (EPA) emissions regulations are driving suppliers to develop equipment that reduces fuel use and increases productivity. As a result, there will be an increase in the production of fuel-efficient trucks offered by construction dump truck manufacturers. Thus, these fuel-efficient trucks trend is expected to drive construction dumpers market growth during the forecast period

Significant Challenges

The impact of emission regulations will be a significant challenge restricting the market growth. This is due to growing concerns about pollution, emissions regulations are tightening in the United States and European countries. For example, the US Environmental Protection Agency (EPA) has updated emissions regulations for heavy-duty vehicles, including construction dump trucks. Therefore, existing machines on the market may be exported to less regulated or non-regulated countries where the demand for used equipment is increasing. However, these emission regulation changes pose a significant challenge to the global market as these machines may not meet the new standards, directly impacting the market growth. Although the APAC region has experienced the strongest growth in terms of market demand, emissions compliance in the region remains relatively low. One of the challenges is the limited availability of ultra-low sulfur diesel in APAC countries, mainly due to its high cost and limited supply. Therefore, the impact of emission regulations is expected to restrict construction dumpers’ market growth during the forecast period.

Drivers, Trends & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The construction dumper market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Construction Dumper Market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the construction dumper market between 2022 and 2026
Precise estimation of the size of the construction dumper market and its contribution to the market with a focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the construction dumper market across APAC, Europe, North America, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of construction dumper market vendors

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Construction Dumper Market Scope
Report Coverage	Details
Base year	2021
Historic period	2017-2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 3.92%
Market Growth 2022-2026	USD 2.92 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	2.89
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	APAC at 55%
Key countries	US, China, Japan, Germany, and the UK
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	AB Volvo, BEML Ltd., Caterpillar Inc., CNH Industrial NV, Daimler AG, Deere and Co., Hinduja Group Ltd., Hitachi Ltd., J C Bamford Excavators Ltd., Kamaz Export, Komatsu Ltd., Liebherr International AG, PACCAR Inc., SANY Group, and Volkswagen AG
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis – Comparison between2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments

Exhibit 24: Chart on Product – Market share 2021-2026 (%)
Exhibit 25: Data Table on Product – Market share 2021-2026 (%)

5.2 Comparison by Product

Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product

5.3 Articulated dump trucks – Market size and forecast 2021-2026

Exhibit 28: Chart on Articulated dump trucks – Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Articulated dump trucks – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Articulated dump trucks – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Articulated dump trucks – Year-over-year growth 2021-2026 (%)

5.4 Rigid dump trucks – Market size and forecast 2021-2026

Exhibit 32: Chart on Rigid dump trucks – Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Rigid dump trucks – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Rigid dump trucks – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Rigid dump trucks – Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Product

Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 APAC – Market size and forecast 2021-2026

Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)

7.4 Europe – Market size and forecast 2021-2026

Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)

7.5 North America – Market size and forecast 2021-2026

Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)

7.6 Middle East and Africa – Market size and forecast 2021-2026

Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

7.7 South America – Market size and forecast 2021-2026

Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)

7.8 China – Market size and forecast 2021-2026

Exhibit 62: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on China – Year-over-year growth 2021-2026 (%)

7.9 US – Market size and forecast 2021-2026

Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)

7.10 Japan – Market size and forecast 2021-2026

Exhibit 70: Chart on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Japan – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Japan – Year-over-year growth 2021-2026 (%)

7.11 Germany – Market size and forecast 2021-2026

Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)

7.12 UK – Market size and forecast 2021-2026

Exhibit 78: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on UK – Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 AB Volvo

Exhibit 89: AB Volvo – Overview
Exhibit 90: AB Volvo – Business segments
Exhibit 91: AB Volvo – Key news
Exhibit 92: AB Volvo – Key offerings
Exhibit 93: AB Volvo – Segment focus

10.4 BEML Ltd.

Exhibit 94: BEML Ltd. – Overview
Exhibit 95: BEML Ltd. – Business segments
Exhibit 96: BEML Ltd. – Key offerings
Exhibit 97: BEML Ltd. – Segment focus

10.5 Caterpillar Inc.

Exhibit 98: Caterpillar Inc. – Overview
Exhibit 99: Caterpillar Inc. – Business segments
Exhibit 100: Caterpillar Inc. – Key offerings
Exhibit 101: Caterpillar Inc. – Segment focus

10.6 Daimler AG

Exhibit 102: Daimler AG – Overview
Exhibit 103: Daimler AG – Business segments
Exhibit 104: Daimler AG – Key news
Exhibit 105: Daimler AG – Key offerings
Exhibit 106: Daimler AG – Segment focus

10.7 Deere and Co.

Exhibit 107: Deere and Co. – Overview
Exhibit 108: Deere and Co. – Business segments
Exhibit 109: Deere and Co. – Key news
Exhibit 110: Deere and Co. – Key offerings
Exhibit 111: Deere and Co. – Segment focus

10.8 Hinduja Group Ltd.

Exhibit 112: Hinduja Group Ltd. – Overview
Exhibit 113: Hinduja Group Ltd. – Product / Service
Exhibit 114: Hinduja Group Ltd. – Key offerings

10.9 Hitachi Ltd.

Exhibit 115: Hitachi Ltd. – Overview
Exhibit 116: Hitachi Ltd. – Business segments
Exhibit 117: Hitachi Ltd. – Key news
Exhibit 118: Hitachi Ltd. – Key offerings
Exhibit 119: Hitachi Ltd. – Segment focus

10.10 J C Bamford Excavators Ltd.

Exhibit 120: J C Bamford Excavators Ltd. – Overview
Exhibit 121: J C Bamford Excavators Ltd. – Business segments
Exhibit 122: J C Bamford Excavators Ltd. – Key offerings
Exhibit 123: J C Bamford Excavators Ltd. – Segment focus

10.11 Komatsu Ltd.

Exhibit 124: Komatsu Ltd. – Overview
Exhibit 125: Komatsu Ltd. – Business segments
Exhibit 126: Komatsu Ltd. – Key news
Exhibit 127: Komatsu Ltd. – Key offerings
Exhibit 128: Komatsu Ltd. – Segment focus

10.12 Volkswagen AG

Exhibit 129: Volkswagen AG – Overview
Exhibit 130: Volkswagen AG – Business segments
Exhibit 131: Volkswagen AG – Key offerings
Exhibit 132: Volkswagen AG – Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 133: Inclusions checklist
Exhibit 134: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 135: Currency conversion rates for US$

11.4 Research methodology

Exhibit 136: Research methodology
Exhibit 137: Validation techniques employed for market sizing
Exhibit 138: Information sources

11.5 List of abbreviations

Exhibit 139: List of abbreviations

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