Lucintel’s latest market report analyzed that mining truck provides attractive opportunities in the coal mining, iron mining, copper mining, and aluminium mining markets. The mining truck market is expected to reach $33.6 billion by 2028 with a CAGR of 4.5%. In this market, 90 ≤ 149 metric tons is the largest segment by payload capacity, whereas coal mining is largest by application.
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Based on payload capacity, the mining truck market is segmented into 90 metric tons, 90≤149 metric tons, 150≤290 metric tons, and >290 metric tons The 90 ≤ 149 metric tons segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it is widely used in small mining sites.
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The Mining Truck Market is marked by the presence of several big and small players. Some of the prominent players offering mining truck include BEML Limited, Bryan Industries, Caterpillar, CNH Industrial, Deere & Company, Doosan Corporation, Hitachi Construction Machinery, Komatsu, Kress Corporation, Voltas Limited, Volvo Group, and XCMG Group.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Contact Information:
Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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