Professionals 235 Users Online

Haul Trucks Market

Haul Trucks Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028

Haul Trucks Market Segmented By type such as Articulated Haul Trucks, Mechanical Haul Trucks, Electric Haul Trucks with capacity such as Less than 200 Tons, 200

Haul Trucks Market: Introduction

In fast-growing economies and developing markets, the construction industry is expected to gain momentum in the coming years. Advancements in the construction and mining industries have led to the higher acceptance of off-road vehicles such as haul trucks, which are used for transporting loose materials (gravel, sand, etc.).

Different types of haul trucks are available based on payload capacity. The highest payload capacity haul truck is generally known as ultra class trucks. Ultra class trucks can carry a payload capacity of above 300 tons.

The haul trucks market is currently in between the growth and mature stages, and the production of haul trucks is directly related to the expansion in the construction sector. Moreover, strong outlook of construction and mining industry in the coming years will create considerable opportunities for haul truck manufacturers.

Sample Report

FREE Report Sample is Available

In-depth report coverage is now just a few seconds away

Download PDF Get FREE Report Sample

Haul Trucks Market: Market Dynamics


The growth of end use industries such as the construction and mining industries, both, in developed and developing regions, is expected to be a major factor responsible for the growth of the global haul trucks market over the forecast period.

Moreover, the increasing need for bigger off-road vehicles with high horsepower and greater capacity will also give traction to the growth of the haul trucks market in the near future. That apart, advancements in technology and the better fuel efficiency of haul trucks encourage construction firms to purchase new off-road vehicles, which will further add to the growth of the haul trucks market.


Haul trucks require high capital investment as well as incur high maintenance costs, which is anticipated to be a prime factor hampering the growth of the haul trucks market in the near future. Moreover, haul trucks need qualified drivers to manage the vehicles, which will further act as a restraining factor for the growth of the haul trucks market over the forecast period.


A major trend projected five years down the line includes market leaders focusing on strategic expansion to expand their presence across the globe. This is anticipated to act as a catalyst to maintain leadership. Moreover, the manufacturer of haul trucks are focused on maintaining long term partnership with customers for maintenance and services.

Custom Report Cover

Make This Report Your Own

Take Advantage of Intelligence Tailored to your Business Objective

> Get a Customized Version

Haul Trucks Market: Segmentation

Based on type
  • Articulated Haul Trucks
  • Mechanical Haul Trucks
  • Electric Haul Trucks
Based on capacity
  • Less than 200 Tons
  • 200 – 300 Tons
  • Above 300 Tons
Based on sales channel
  • OEMs (Original Equipment Manufacturers)
  • Aftermarket
Market Research Methodology

Market Research Methodology

-Perfect through Years of Diligence

Check Research Methodology

Haul Trucks Market: Regional Outlook

Over the forecast period, Asia Pacific is expected to be closely followed by North America. Both these markets are foreseen to witness massive growth in the haul trucks market, owing to the anticipated growth in the construction sector in emerging economies such as the China and India Western Europe is estimated to grow at a considerable CAGR during the forecast period, owing to increasing construction spending in the region.

Germany is estimated to be the leading automobile and automotive market in Western Europe. Owing to the growing demand for haul trucks from the mining and construction industries in the region, North America is estimated to grow at a considerable CAGR during the forecast period. Latin America is anticipated to witness growth in the haul trucks market over the forecast period.

The Middle East and Africa (MEA) is projected to grow at a significant rate over the forecast period, owing to growing construction activities in countries such as Saudi Arabia, UAE, etc.

Sales Team

Sales Team
Client Partner

Let's Connect

Connect me to identify winning opportunities

Ask An Expert
I'm Available

Haul Trucks Market: Market Participants

Examples of some of the key participants identified across the value chain of the global haul trucks market include:

  • Komatsu Limited
  • Liebherr Group
  • Caterpillar
  • Hitachi Construction Machinery Co, Ltd
  • Deere & Company
  • XCMG Group
  • Volvo AB
  • Brown Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, type, capacity, and sales channel.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

- Companies Covered in This Report -

This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy
Google translate