Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Mining Truck Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The mining truck market is poised to grow by 861.57 mn during 2020-2024 progressing at a CAGR of 3% during the forecast period.
The market is driven by the growth of mining industry, rising adoption of automation and incorporation of safety features. In addition, growth of mining industry is anticipated to boost the growth of the market as well.
The reports on mining truck market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The mining truck market analysis includes product segment and geographical landscapes
This study identifies the advent of smart mining equipment as one of the prime reasons driving the mining truck market growth during the next few years. Also, rising use of EVs and availability of rentals will lead to sizable demand in the market.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mining truck market vendors that include AB Volvo, BAS Holding BV, BEML Ltd., Caterpillar Inc., Epiroc AB, Hitachi Ltd., Komatsu Ltd., Liebherr-International AG, SANY Group Co. Ltd., and Tata Motors Ltd..
Also, the mining truck market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers.
The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
90-150 tons - Market size and forecast 2019-2024
154-255 tons - Market size and forecast 2019-2024
290-363 tons - Market size and forecast 2019-2024
Market opportunity by Product
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
BAS Holding BV
SANY Group Co. Ltd.
Tata Motors Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/pq101f
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