Japan Dump Trucks Market Size & Outlook, 2022-2030

The dump trucks market in Japan is expected to reach a projected revenue of US$ 400.2 million by 2030. A compound annual growth rate of 5.3% is expected of Japan dump trucks market from 2023 to 2030.
Revenue, 2022 (US$M)
$265.0
Forecast, 2030 (US$M)
$400.2
CAGR, 2023 - 2030
5.3%
Report Coverage
Japan

Japan dump trucks market highlights

  • The Japan dump trucks market generated a revenue of USD 265.0 million in 2022 and is expected to reach USD 400.2 million by 2030.
  • The Japan market is expected to grow at a CAGR of 5.3% 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 2022USD 265.0 million
Market revenue in 2030USD 400.2 million
Growth rate5.3% (CAGR from 2022 to 2030)
Largest segmentArticulated frame
Fastest growing segmentArticulated Frame
Historical data2018 - 2021
Base year2022
Forecast period2023 - 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, Japan accounted for 3.7% 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 Asia Pacific, China dump trucks market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,601.7 million by 2030.

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Dump Trucks Market Companies

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Japan 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 70.94% in 2022. Horizon Databook has segmented the Japan 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 country-level data and insights on the Japan dump trucks market , including forecasts for subscribers. This country databook contains high-level insights into Japan dump trucks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Japan dump trucks market outlook size, by vehicle weight, 2018-2030 (US$M)

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

Japan dump trucks market outlook size, by vehicle weight, 2018-2030 (US$M)

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