What is Global Rubber-tired Dumper Market?
The Global Rubber-tired Dumper Market is a sector that focuses on the production, distribution, and use of rubber-tired dumpers. These are vehicles used primarily in construction and agricultural sectors for transporting heavy loads. The rubber tires provide better traction and mobility compared to their steel counterparts, making them ideal for use in uneven terrains and harsh weather conditions. The market is vast and diverse, with various manufacturers and suppliers worldwide contributing to its growth and development. The market's value was estimated at US$ 390 million in 2022, and it is projected to reach US$ 521.5 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2029.
Diesel, Electric in the Global Rubber-tired Dumper Market:
The Global Rubber-tired Dumper Market is segmented based on the type of fuel used in the dumpers, namely Diesel and Electric. Diesel dumpers are the most common, accounting for 96% of the market share. They are preferred for their power, durability, and ability to handle heavy loads. On the other hand, electric dumpers are gaining popularity due to their eco-friendly nature and cost-effectiveness in the long run. However, their market share is still relatively small. The choice between diesel and electric dumpers depends on various factors such as the nature of the job, budget, and environmental considerations.
Construction, Agricultural, Others in the Global Rubber-tired Dumper Market:
The Global Rubber-tired Dumper Market finds its applications mainly in the Construction and Agricultural sectors. In construction, these dumpers are used for transporting materials like sand, gravel, and waste. Their ability to navigate through rough terrains makes them ideal for construction sites. In agriculture, they are used for tasks like transporting crops, fertilizers, and farm equipment. The market also caters to other sectors, but the data for the same is not available. The construction sector holds the largest share of applications, accounting for about 88% of the total market.
Global Rubber-tired Dumper Market Outlook:
The Global Rubber-tired Dumper Market is dominated by a few key players, with the top five holding over 54% of the market share. Europe is the largest market for rubber-tired dumpers, accounting for about 57% of the global market. It is followed by North America and Asia-Pacific, which hold 8% and 20% of the market share, respectively. The market's growth can be attributed to the increasing construction activities and the growing agricultural sector in these regions. However, the market is also witnessing intense competition among the players, leading to innovations and advancements in the products.
| Report Metric | Details |
| Report Name | Rubber-tired Dumper Market |
| Accounted market size in 2023 | US$ 410 million |
| Forecasted market size in 2029 | US$ 521.5 million |
| CAGR | 4.1 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Thwaites Limited, AUSA, Wacker Neuson, DIECI, JCB, Mecalac, Bergmann, NC Engineering, Winget, Piquersa Maquinaria, Hermann Paus, Agrimac, Carmix |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
