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4 Vital Trends Driving the Use of Dump Trucks Through 2025

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4 Vital Trends Driving the Use of Dump Trucks Through 2025

According to a report by Global Market Insights, Inc., the global dump trucks market size is expected to be valued at above USD $24 billion by 2025. Enumerated below are some of the trends influencing the industry forecast in the coming years.

The consistent growth of the construction and mining industries has steered the use of dump trucks to transport bulky equipment and commodities that can help in recycling and shifting of goods. Dump trucks are transport vehicles with large capacities of holding heavy-duty, enormous materials employed in mining, landscaping, and dumping activities.

They can be categorized based on their specifications and capacities of load they can withstand, among others. The adoption of the vehicles has seen rapid growth over the years pertaining to advantages like productivity and efficiency they offer to customers.

Advancements in articulate model trucks

Dump trucks are fostered with high-performance engines and fuels, powered with advanced features to ensure continuous and efficient use. A considerable number of articulated models with replaced or newer, powerful features have emerged to fulfill mining and transport services.

Amending the dump trucks to fit into various customer requisites, with the emergence of newer enhanced versions of tipper trucks have been revolutionized or launched. For an instance, Caterpillar came up with three newly articulated trucks along with new operator stations and engines in April 2018.

Big booster in the mining industry

Dump trucks are at the disposal of a wide range of mining projects, from shifting extracted wastes or valuables from one region to another, to running errands for operations in mines and terrains. Asian and Middle Eastern countries are a hub to a lot of mining assignments, and with newer projects gaining momentum, impacting the tipper truck industry outlook.

Additionally, to cut down on pollution and toxic, carbon emissions employed during the mining process, and recycling hazardous wastages, the mining industrialists are working towards lower emissions and low-level consumption of fuels for the trucks.

Infrastructure development measures in Europe

Rapidly rising infrastructure development and construction projects have stimulated a potential demand for dump trucks in the European markets across the UK, Germany, France, among others. With the residents of these countries calling for urbanization, the governments are pitching for tipper trucks with initiatives that are minimal in contributing to carbon or other pollutants and are powered with advanced features, along with mandating safety measures for workers or employees at the relevant sites.

Consequently, focusing on the safety parameters, brands are in a process of launching safety-centric products in these regions. To give an instance, in July 2018, the launch of Komatsu’s new rigid truck model, HD1500-8 in Europe was based on some operator safety features.

Some of the biggest manufacturers of tipper trucks are Caterpillar Inc., Komatsu Ltd., Liebherr Group, Volvo Trucks, Sany Group, Terex Trucks, Hitachi Construction Machinery, and a few more. These companies have been extremely instrumental in application-specific, newer, technically advanced machinery and in investing in rental machines that are pivotal for augmenting dump truck market share on a global scale.


Despite being armed with a rich corporate exposure in the software and marketing domains, Shreya Bhute nurtured a deep interest in content development. Intrigued by the same, she took to writing as a career and currently pens down diverse articles pertaining to the business, automotive, healthcare, and chemical sectors. Shreya holds an engineering degree in Information Technology and has relevant experience in the field. Her other interests include reading, gardening, cooking, and restaurant hopping.

The Bucyrus Co.: Digging the Panama Canal


A fascinating look at the role that a major American manufacturer, the Bucyrus Co., played in the construction of the Panama Canal. In 1904, the Ohio-based firm, now a subsidiary of Caterpillar, supplied 77 of the 102 giant steam shovels used to dig the 48-mile long ship canal that revolutionized global trade.


Cat’s Strategy to Offset Slumping Global Sales

Peoria, IL – Construction and mining equipment maker Caterpillar Inc. is looking to offset a major decline in its overseas sales with a new strategy aimed at steeping up the marketing of remanufactured equipment, particularly in developing markets where both tariff and non-tariff trade barriers exist.

Overall, the company saw its global machinery sales decline by almost 10 percent during the three months ending in July with the greatest drop coming in Asia, where sales dropped 30 percent in both May and June, the company reported.

Construction sales for the period were down by 16 percent in China and by 14 percent in Latin America, it said.

But, the company has developed a new strategy to beef-up its sagging global business revenues by 20 percent by 2020, compared to a 2013 baseline.

According to its 2013 Sustainability Report, Caterpillar commonly faces a particular type of non-tariff barrier when remanufactured goods are classified as used goods, which cannot be imported under any circumstance or can only be imported after complying with special inspection, certification, or licensing regulations.

The tariff barriers it also faces, the report said, usually hinge on the excessive fees or taxes levied by some countries that significantly increase their customer’s cost of choosing a viable remanufactured product.

Both types of trade barriers most often come into play when customers seek to export their core parts and return them to Caterpillar in exchange for a remanufactured engine or component.

The company argues that as all of its remanufactured products carry the same durability, performance, quality and warranty equal to that of a new component, they should be treated as such.

That’s the line that Caterpillar management is reportedly taking with policymakers, government regulators and customs officials in several countries in an effort to open up their markets and expand remanufacturing options for the company’s customers.

To help it meet its 2020 growth goal, the company has developed a ‘job site efficiency’ (JSS) initiative “to help customers capture maximum value from their assets by improving on-site performance and sustainability,” particularly in the agricultural sector which now accounts for approximately 15 percent of Caterpillar’s total JSS volume.

According to the company, the results have been “significant.” On average, it said, agricultural customers have been able to reduce idle machinery times by 20 percent, and so-called “operator-caused events,” such as equipment wear and tear and safety issues, by 25 percent.