Press release

The Global Articulated Hauler Market Is Forecast To Surpass USD 10.9 Billion By 2032, Growing At A CAGR Of 6% During 2022-2032

The Global Articulated Hauler Market Is Forecast To Surpass USD 10.9 Billion By 2032, Growing At A CAGR Of 6% During 2022-2032

 

 
The global articulated hauler market accounts for ~3% revenue generation for the global construction machinery market. It is projected to rise with a CAGR of 6% and generate an absolute dollar opportunity of nearly USD 5.5 billion between 2022 & 2032.

Governments have increased the investments in industrialized and emerging countries for the development of infrastructure projects are anticipated to drive market growth. For instance, according to the Euro construct report, in 2019, construction output reached about USD 1,900 Billion in European countries.

According to a Fact.MR report, the construction industry constant demand for articulated haulers underlies the articulated hauler market's consistent expansion. Manufacturers in the articulated hauler market continually propose new B2C business models that supply improved service offerings to clients to efficiently satisfy demand from end-user industries and increase stabilized sales through the dealer network.

𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲 𝗧𝗼 𝗴𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗜𝗻𝗰𝗹𝘂𝗱𝗶𝗻𝗴 𝗙𝘂𝗹𝗹 𝗧𝗢𝗖, 𝗧𝗮𝗯𝗹𝗲 & 𝗙𝗶𝗴𝘂𝗿𝗲𝘀):https://www.factmr.com/connectus/sample?flag=S&rep_id=2234

𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝘁𝗵𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗮𝗻𝗱 𝗨𝘁𝗶𝗹𝗶𝘁𝘆 𝗦𝗲𝗰𝘁𝗼𝗿 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗔𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝘁𝗲𝗱 𝗛𝗮𝘂𝗹𝗲𝗿𝘀

The growth of the industrial and utility sector is expected to create opportunities for articulated haulers. The continuing rise in the utility and industrial sector, particularly in emerging economies such as Brazil, India, China and others is driving the demand for construction equipment.
Moreover, initiatives taken by infrastructure planning commissions and policymakers are further supporting the growth of the industry in such countries. Rural and urban infrastructure projects associated with oil & refineries, mining & roads, dams, highways, railways & metros and power infrastructure development are expected to create value propositions for the articulated hauler Market in the coming years.

𝗪𝗵𝗶𝗰𝗵 𝗥𝗲𝗴𝗶𝗼𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝘀 𝗳𝗼𝗿 𝗠𝗼𝗿𝗲 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗮𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝘁𝗲𝗱 𝗵𝗮𝘂𝗹𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁?

Asia Pacific region has been segregated into two regions includes East Asia and South Asia & Oceania. East Asia articulated hauler market is the one furthermost profitable market. It has acquired more than 1/4th market share of the global market.
In addition, the East Asian market is largely dominated by the Chinese articulated hauler market which has acquired more than 3/4th market share followed by Japan and South Korea. East Asia is projected to grow at a CAGR of 6.1% and generate an absolute dollar opportunity of more than USD 1.2 billion by the end of 2032.
Further, as many articulated hauler companies are based in East Asia Region, the demand for articulated haulers in Japan and South Korea is projected to grow at a CAGR of 5% over the assessment years of 2022-2032. Additionally, investments in the articulated hauler market it is expected to trigger market growth in the coming years.

𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆-𝘄𝗶𝘀𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
𝗪𝗵𝗶𝗰𝗵 𝗣𝗮𝘆𝗹𝗼𝗮𝗱 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗼𝗳 𝗔𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝘁𝗲𝗱 𝗛𝗮𝘂𝗹𝗲𝗿𝘀 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗯𝗲 𝘁𝗵𝗲 𝗟𝗮𝗿𝗴𝗲𝘀𝘁 𝗖𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗼𝗿 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗣𝗲𝗿𝗶𝗼𝗱 𝗶𝗻 𝗔𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝘁𝗲𝗱 𝗛𝗮𝘂𝗹𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁?

Based on payload capacity, the global articulated hauler market has been segregated into three categories including less than 30 Million tons, 30-40 Million Tons, more than 40 Million Tons. Payload capacity 30-40 Million tons is the leading segment that has acquired nearly 60% market share in the overall market. It is projected to increase at a CAGR of 6.5% between 2022 & 2032.

𝗪𝗵𝗶𝗰𝗵 𝗘𝗻𝗱-𝗨𝘀𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝘀 𝗽𝗼𝗶𝘀𝗲𝗱 𝘁𝗼 𝗦𝗵𝗼𝘄 𝗹𝘂𝗰𝗿𝗮𝘁𝗶𝘃𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗔𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝘁𝗲𝗱 𝗛𝗮𝘂𝗹𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁?

Articulated Haulers have been used in Mining, Construction, Forest & Agriculture industries. Mining is the second-largest market shareholder in the global market. The mining industry's current situation creates a need and an opportunity to address the financing challenges of the industry. Prices have abruptly declined since January 2020 in many commodities, including thermal zinc, coal, steel, aluminum, copper, lead, iron ore, nickel, and metallurgical coal.
However, increasing demand for raw materials such as zinc, steel etc. may boost the global mining industry. In turn, this is projected to drive demand for articulated haulers to use in mining to transport the ore and other materials.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗖𝗼𝘂𝗻𝘁𝗿𝘆 -https://www.factmr.com/connectus/sample?flag=RC&rep_id=2234

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: 𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗶𝗻 𝗔𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝘁𝗲𝗱 𝗛𝗮𝘂𝗹𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁

The global articulated hauler market is fragmented due to the presence of several regional and domestic players. The players have adopted numerous such as mergers and acquisitions, expansions, collaborations and partnerships to expand the consumer base globally.
Also, the leading companies have adopted new product development as a key strategy to upscale their market presence among consumers. These strategies have resulted in the integration of advanced articulated hauler.
Fact.MR has provided detailed information about price points of top manufacturers of articulated hauler market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
• On 7th July 2021, has acquired an Ireland based a multinational company MDS International. Through this acquisition, company will be able to expand its operations as well as consumer base.
• On 29th October 2021, Rokbak has launched the new RA30 and RA40 articulated haulers in the UK market. Through this launch company has taken entry in the region to acquire consumers and compete with leading companies.

𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱:
• Volvo
• Caterpillar
• Komatsu
• John Deere
• Hitachi Australia
• Liebherr Group
• Doosan
• Bell Trucks America, Inc.
• Hydrema
• CNH Industrial N.V.
• XCMG
• Other Key Players

𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝘁𝗲𝗱 𝗛𝗮𝘂𝗹𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝗶𝘇𝗲𝗱

By Payload Capacity :
• Less than 30 Million Tons
• 30-40 Million Tons
• More than 40 Million Tons

By Engine Power :
• Up to 400 HP
• 400-500 HP
• More than 500 HP

By End Use Industry :
• Mining
• Construction
• Forest & Agriculture

By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝘁𝗼 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝗧𝗵𝗲 𝗗𝗮𝘁𝗮? 𝗜𝗻𝗾𝘂𝗶𝗿𝗲 𝗵𝗲𝗿𝗲 𝗮𝘁 -https://www.factmr.com/checkout/2234

𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝘂𝗺𝗺𝗮𝗿𝘆

The study offers comprehensive analysis on diverse features, including price point analysis at each product and brand level, consumer survey analysis, social media sentiment analysis, product bench marking and revenue generation from dermatological products across the globe.
A comprehensive estimate on the market has been provided, taking into account the revenue of dermatological products companies during the forecast period.

𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

https://www.prnewswire.com/news-releases/dairy-stabilizers-to-record-us-122-2-million-sales-by-2032-as-consumption-of-dairy-products-continue-to-surge-301595961.html

https://www.prnewswire.com/news-releases/rising-usage-in-petrochemical-and-food--beverage-industries-to-steer-float-switch-sensor-market-past-us-9-22-billion-by-2032--301597524.html

https://www.prnewswire.com/news-releases/need-for-odour-control-textiles-in-sports-and-medical-sector-to-create-us-8-64-billion-market-opportunity-in-2032--301597538.html

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.


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