Asia Pacific Dump Trucks Market Size & Outlook, 2022-2030

The dump trucks market in Asia Pacific is expected to reach a projected revenue of US$ 6,005.9 million by 2030. A compound annual growth rate of 8% is expected of Asia Pacific dump trucks market from 2023 to 2030.
Revenue, 2022 (US$M)
$3,237.5
Forecast, 2030 (US$M)
$6,005.9
CAGR, 2023 - 2030
8%
Report Coverage
Asia Pacific

Asia Pacific dump trucks market highlights

  • The Asia Pacific dump trucks market generated a revenue of USD 3,237.5 million in 2022.
  • The market is expected to grow at a CAGR of 8% from 2023 to 2030.
  • In terms of segment, articulated frame was the largest revenue generating vehicle weight in 2022.
  • Articulated Frame is the most lucrative vehicle weight segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2023 to 2030.


Asia Pacific data book summary

Market revenue in 2022USD 3,237.5 million
Market revenue in 2030USD 6,005.9 million
Growth rate8% (CAGR from 2022 to 2030)
Largest segmentArticulated frame
Fastest growing segmentArticulated Frame
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRigid Frame, Articulated Frame
Key market players worldwideVolvo AB ADR, Caterpillar Inc, Komatsu Ltd, Hitachi Ltd, XCMG


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 45.5% of the global dump trucks market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 6,005.9 million by 2030.

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Dump Trucks Market Companies

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Asia Pacific dump trucks market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dump trucks market will help companies and investors design strategic landscapes.


Articulated frame was the largest segment with a revenue share of 68.86% in 2022. Horizon Databook has segmented the Asia Pacific dump trucks market based on rigid frame, articulated frame covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific dump trucks market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific dump trucks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific dump trucks market outlook size, by country, 2018-2030 (US$M)

Asia Pacific Dump Trucks Market Outlook Share, 2022 & 2030 (US$M)

Asia Pacific dump trucks market outlook size, by country, 2018-2030 (US$M)

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