Canada Dump Trucks Market Size & Outlook, 2022-2030
Canada dump trucks market, 2018-2030 (US$M)
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Canada dump trucks market highlights
- The Canada dump trucks market generated a revenue of USD 110.7 million in 2022 and is expected to reach USD 212.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.5% 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.
Dump trucks market data book summary
| Market revenue in 2022 | USD 110.7 million |
| Market revenue in 2030 | USD 212.5 million |
| Growth rate | 8.5% (CAGR from 2022 to 2030) |
| Largest segment | Articulated frame |
| Fastest growing segment | Articulated Frame |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Frame, Articulated Frame |
| Key market players worldwide | Volvo AB ADR, Caterpillar Inc, Komatsu Ltd, Hitachi Ltd, XCMG |
Other key industry trends
- In terms of revenue, Canada accounted for 1.6% of the global dump trucks market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. dump trucks market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 212.5 million by 2030.
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Dump Trucks Market Scope
Dump Trucks Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 62.87% in 2022. Horizon Databook has segmented the Canada 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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Our clientele includes a mix of dump trucks market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada dump trucks market , including forecasts for subscribers. This country databook contains high-level insights into Canada dump trucks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada dump trucks market outlook size, by vehicle weight, 2018-2030 (US$M)
Canada Dump Trucks Market Outlook Share, 2022 & 2030 (US$M)
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