Overview of Global Mining Truck Market:
The exclusive research report on the Global Mining Truck Market 2020-2024 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Mining Truck Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe. This report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the global Mining Truck market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.
Mining Truck also known as Haul trucks are off-highway, rigid dump trucks specifically engineered for use in high-production mining and heavy-duty construction environments. Mining trucks are also used for transporting construction equipment from job site to job site. Some are multi-axle in order to support the equipment that is being hauled.

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The growth of the Global Mining Truck Market is one of the key factors expected to push the market’s growth in the forecast year. Due to the recovery of commodity prices and cost-cutting measures adopted by the mining companies, several infrastructure projects in the emerging economies including India and China are also fuelling the growth of the global mining industry. The mining truck market is moderately fragmented with various mining truck manufacturers increasingly focusing on implementing the latest and advanced technologies to ensure product differentiation.
Segmentation by Industry:
The Global Mining Truck Market is divided into industries such as Coal Mine, Iron Mine, Gold/Copper Mine, Aluminium Mine and Others. The industries use mining trucks for transportation of loosen rocks on technological haul roads at open-pit mining sites. Thus, a growth in the Mining Truck Market is likely to result in a significant growth in the global mining truck market. Moreover, increased need for energy is expected to augment the global demand for mining truck market.
Segmentation by Types:
The Global Mining Truck Market basic types are above 5T, 5~10T, 10~50T, 50~100T, 100~200T or 200~400T. The 90~150 tons product segment will account for the most extensive mining truck market share in the forecast year. The report also provides an accurate prediction of the contribution of the various products segments to the growth of the mining truck market size.
Segmentation by Regions:
North America and Europe holds major share in Global Mining Truck Market. Moreover, Asia-Pacific is expected to record higher growth rate in Mining Truck market during the forecast year. The growing developments in the mining industry of the emerging economies including India and China, the region is likely to continue contributing the highest growth in the market in the forecast years.
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Top Leading Key Manufacturers are:
Caterpillar, Hitachi, Komatsu, Belaz, Beml, Bryan, Yutong, Doosan, Liebherr, MCC. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Top Industry News:
1 Hitachi: Hitachi Completes Construction of the H1 TOWER, One of the World's Tallest Elevator Test Towers, at its R&D and Manufacturing Facility in Guangzhou, China Jan 16, 2020- The H1 TOWER, whose purpose is researching and developing elevators and demonstrating relevant leading-edge technologies, is a facility that functions as a global base for Hitachi's elevator and escalator business. The building is 288.8 meters in overall height, including a tower of 273.8 meters above ground and a basement that reaches 15 meters below ground, and features one of the world's tallest (1) elevator test towers. The tower, equipped with 15 test shafts, the total length of which exceeds 2.2 kilometres including a shaft over 250 meters long, has the capability to develop and test a variety of technologies and products such as ultra-high-speed elevators, high-capacity elevators, double-deck elevators and operation control system. Hitachi and Hitachi Elevator (China) seek to develop innovative technologies and products by leveraging the research and development conducted at the H1 TOWER.
2 Caterpillar: Technology at an Arctic Diamond Mine Dec 02, 2019- A mere two degrees below the Arctic Circle in Canada’s Northwest Territories lies the Gahcho Kue diamond mine, a place so remote it can only be accessed by a chartered flight landing on a gravel airstrip at the mine or an ice road that only lasts between 6-8 weeks out of the year. Because of its location, the mine is completely off the grid and self-reliant. Gahcho Kue uses five C175-16 generators to power and heat the entire mine and with temperatures regularly falling below -40 degrees Fahrenheit during the winter, losing power even for a short time could be devastating, for people and production.
“We've spent over 90 years of engineering know-how, and hands-on experience from some of the most challenging projects to provide our customers with the best products and services today,” said Terri Lewis, technology and solutions manager for Electric Power. “For remote locations like mines, it is a requirement that they have power because there is no access to the grid.”
To tackle this unique set of challenges, Caterpillar teamed up with Finning Cat and De Beers Group to leverage Electric Power’s Remote Asset Monitoring (more info below) – a digital service to help proactively identify repair and maintenance needs for the generator sets.
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This Report includes:
1 Analysis of the Mining Truck Market includes revenues, future growth, market outlook
2 Historical data and forecast
3 Regional analysis including growth estimates
4 Analyses the end user markets including growth estimates.
5 Profiles on Mining Truck including products, sales/revenues, and market position
6 Mining Truck Market structure, key drivers and restraints
Major Points in Table of Contents:
Global Mining Truck Market Report 2020
1 Mining Truck Product Definition
2 Global Mining Truck Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Mining Truck Shipments
2.2 Global Manufacturer Mining Truck Business Revenue
2.3 Global Mining Truck Market Overview
3 Manufacturer Mining Truck Business Introduction
3.1 Caterpillar Mining Truck Business Introduction
3.1.1 Caterpillar Mining Truck Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Caterpillar Mining Truck Business Distribution by Region
3.1.3 Caterpillar Interview Record
3.1.4 Caterpillar Mining Truck Business Profile
3.1.5 Caterpillar Mining Truck Product Specification
3.2 Hitachi Mining Truck Business Introduction
3.2.1 Hitachi Mining Truck Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 Hitachi Mining Truck Business Distribution by Region
3.2.3 Interview Record
3.2.4 Hitachi Mining Truck Business Overview
3.2.5 Hitachi Mining Truck Product Specification
3.3 Komatsu Mining Truck Business Introduction
3.3.1 Komatsu Mining Truck Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 Komatsu Mining Truck Business Distribution by Region
3.3.3 Interview Record
3.3.4 Komatsu Mining Truck Business Overview
3.3.5 Komatsu Mining Truck Product Specification
3.4 Belaz Mining Truck Business Introduction
3.5 Beml Mining Truck Business Introduction
3.6 Bryan Mining Truck Business Introduction
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