Construction Dumper Market Will Boom in the Near Future 2021 to 2027 Forecast (Komatsu, J.C. Bamford Excavators, Ashok Leyland, AB Volvo, BEML, Asia Motor Works, CNH Industrial America, Deere & Company) -

Construction Dumper Market Will Boom in the Near Future 2021 to 2027 Forecast (Komatsu, J.C. Bamford Excavators, Ashok Leyland, AB Volvo, BEML, Asia Motor Works, CNH Industrial America, Deere & Company)


United States/WA: Market Will Boom In Near Future

Report Pages:[130 Pages] 

Major Key Companies Involving in Construction Dumper Market:
Caterpillar, Komatsu, J.C. Bamford Excavators, Ashok Leyland, AB Volvo, BEML, Asia Motor Works, CNH Industrial America, Deere & Company, Hitachi Construction Machinery, Kenworth, KAMAZ Motors, Mercedes-Benz, New Holland, Liebherr Group, and Navistar

A construction dumper is generally a piece of heavy equipment that is used in construction or mining activities. It is used in all mining operations including processing, laying down of pipes, conveyor belts, light poles, etc. It can be used for a wide range of applications, as it can easily handle a load of more than one ton. A construction dumper is specifically designed and built to carry all the required material from one place to another safely and easily

The growing construction industry around the globe is primarily propelling the growth of the construction dumper market. Moreover, increasing mining activities as dumpers are used to move heavy material easily and quickly such as sand, gravel, aggregates, and others is again propelling the growth of the construction dumper market. According to the National Mining Association, on average, every American uses around 3.4 tons of coal and nearly 40,000 pounds of newly mined materials each year. With nearly 50 percent of all U.S. electricity generated from coal and uranium and nearly every manufactured good containing some mineral component, mining has never been a more vital industry.

The Asia Pacific is projected to gain significant growth over the forecast period and this is attributed to rapid urbanization and industrialization due to the rise in the construction industry. According to the India Brand Equity Foundation, the Government is working on improving the country’s energy infrastructure and investment opportunities worth Rs. 21 lakh crore (US$ 300 billion) will be available in the sector in the coming 10 years. The infrastructure sector has become the biggest focus area for the Government of India. In Union Budget 2020-21, the Government has announced Rs. 91.82 billion (US$ 13.14 billion) for road transport and highways.

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Key Developments:

  1. In December 2019, Sany, the equipment manufacturers in the world unveiled over twelve new products at Excon 2019, the largest construction equipment exhibition in South Asia Organized by CII and supported by the Indian Construction Equipment Manufacturers Association.

  2. In July 2020, AUSA has introduced the world to its five new machines: a 6-ton reversible dumper, a 3-ton dumper, its new range of all-terrain forklifts, and two new telescopic handlers.

  3. In November 2020, JCB has announced the launch of two new all-electric machines and a universal fast-charger for its emerging E-Tech range

  4. In January 2018, JCB has announced that it has started the production of a new innovative dumper truck. The first of a range of new JCB site dumpers are rolling off the company’s World HQ production line – including the unique Hi-Viz model.

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