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Global Underground Truck Market Size study, by Type (Diesel, Electric), by Capacity ( Less Than 18 Tons, 18 Tons to 26 Tons, 26 Tons to 36 Tons, 36 Tons to 65 Tons, 65 Tons or More) and Regional Forecasts 2020-2026

  • BIZ3834142
  • 200 Pages
  • April 2020
  • Automotive and Transportation
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Global Underground Truck Market is valued approximately at USD 2155.33 million in 2019 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2020-2026. Underground trucks are majorly being used in the underground mining operations. The most significant factor fueling the growth in the market is rising number underground mining projects worldwide. Increase in number of metal and mineral exploration sites and the rising demand for advanced processing machinery are also contributing to the growth in global underground truck market. As per the United States Geological Survey (USGS), the U.S. mines produced a raw material of about $82.2 billion in 2018, representing a 3% increase over the reviewed total of $79.7 billion from 2017. Further, the emergence of automation technology in underground truck is expected to offer lucrative growth opportunities in the global underground truck market over the forecast period of 2019-2026. Various underground truck manufacturers are launching and promoting their autonomous trucks as a part of their marketing strategies, which is expected to create a lucrative opportunity for market growth. For instance, in March 2020, Sandvik has released an autonomous truck haulage system namely AutoMine that can support in minimizing equipment damage and repair work, as well as brings higher efficiency to mine operations. Similarly, in September 2016, Volvo’s autonomous truck is being examined in operations deep underground in the Kristineberg Mine. This truck is part of a development project, aimed at enhancing the transport flow and safety in the mine operations. However, the strict government norms such as environment concern, emission norms etc., along with the high cost of underground mining is expected to hamper the growth of the global underground truck market in the forecast period of 2020-2026.

The regional analysis of global Underground Truck market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the exponential increase in demand of metals has led to the rise in metal exploration and mining. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as increase in the resources and reserves of coal, manganese, oil, gold, graphite along with growing mining activities in Australia, China and India would create lucrative growth prospects for the Underground Truck market across Asia-Pacific region.

Major market player included in this report are:

Atlas Copco

Sandvik AB

Caterpillar Inc.

GHH Fahrzeuge GmbH

KGHM ZANAM S.A.

DUX Machinery Corporation

MacLean engineering & Marketing Co. Ltd.

Bell equipment Ltd.

Getman Corporation

MoAZ-Vostok LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Diesel

Electric

By Capacity:

Less Than 18 Tons

18 Tons to 26 Tons

26 Tons to 36 Tons

36 Tons to 65 Tons

65 Tons or More

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018

Base year – 2019

Forecast period – 2020 to 2026

Target Audience of the Global Underground Truck Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)

1.2.1. Underground Truck Market, by Region, 2018-2026 (USD Million)

1.2.2. Underground Truck Market, by Type, 2018-2026 (USD Million)

1.2.3. Underground Truck Market, by Capacity, 2018-2026 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Underground Truck Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Underground Truck Market Dynamics

3.1. Underground Truck Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Underground Truck Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Underground Truck Market, by Type

5.1. Market Snapshot

5.2. Global Underground Truck Market by Type, Performance - Potential Analysis

5.3. Global Underground Truck Market Estimates & Forecasts by Type 2016-2026 (USD Million)

5.4. Underground Truck Market, Sub Segment Analysis

5.4.1. Diesel

5.4.2. Electric

Chapter 6. Global Underground Truck Market, by Capacity

6.1. Market Snapshot

6.2. Global Underground Truck Market by Capacity, Performance - Potential Analysis

6.3. Global Underground Truck Market Estimates & Forecasts by Capacity 2016-2026 (USD Million)

6.4. Underground Truck Market, Sub Segment Analysis

6.4.1. Less Than 18 Tons

6.4.2. 18 Tons to 26 Tons

6.4.3. 26 Tons to 36 Tons

6.4.4. 36 Tons to 65 Tons

6.4.5. 65 Tons or More

Chapter 7. Global Underground Truck Market, Regional Analysis

7.1. Underground Truck Market, Regional Market Snapshot

7.2. North America Underground Truck Market

7.2.1. U.S. Underground Truck Market

7.2.1.1. Type breakdown estimates & forecasts, 2016-2026

7.2.1.2. Capacity breakdown estimates & forecasts, 2016-2026

7.2.2. Canada Underground Truck Market

7.3. Europe Underground Truck Market Snapshot

7.3.1. U.K. Underground Truck Market

7.3.2. Germany Underground Truck Market

7.3.3. Rest of Europe Underground Truck Market

7.4. Asia-Pacific Underground Truck Market Snapshot

7.4.1. China Underground Truck Market

7.4.2. India Underground Truck Market

7.4.3. Japan Underground Truck Market

7.4.4. Rest of Asia Pacific Underground Truck Market

7.5. Latin America Underground Truck Market Snapshot

7.5.1. Brazil Underground Truck Market

7.5.2. Mexico Underground Truck Market

7.6. Rest of The World Underground Truck Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Atlas Copco

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Sandvik AB

8.2.3. Caterpillar Inc.

8.2.4. GHH Fahrzeuge GmbH

8.2.5. KGHM ZANAM S.A.

8.2.6. DUX Machinery Corporation

8.2.7. MacLean engineering & Marketing Co. Ltd.

8.2.8. Bell equipment Ltd.

8.2.9. Getman Corporation

8.2.10. MoAZ-Vostok LLC

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. List of secondary sources, used in the study of global Underground Truck market

TABLE 2. List of primary sources, used in the study of global Underground Truck market

TABLE 3. Global Underground Truck market, report scope

TABLE 4. Years considered for the study

TABLE 5. Exchange rates considered

TABLE 6. Global Underground Truck market estimates & forecasts by region 2016-2026 (USD Million)

TABLE 7. Global Underground Truck market estimates & forecasts by Type 2016-2026 (USD Million)

TABLE 8. Global Underground Truck market estimates & forecasts by Capacity 2016-2026 (USD Million)

TABLE 9. Global Underground Truck market by segment, estimates & forecasts, 2016-2026 (USD Million)

TABLE 10. Global Underground Truck market by region, estimates & forecasts, 2016-2026 (USD Million)

TABLE 11. Global Underground Truck market by segment, estimates & forecasts, 2016-2026 (USD Million)

TABLE 12. Global Underground Truck market by region, estimates & forecasts, 2016-2026 (USD Million)

TABLE 13. Global Underground Truck market by segment, estimates & forecasts, 2016-2026 (USD Million)

TABLE 14. Global Underground Truck market by region, estimates & forecasts, 2016-2026 (USD Million)

TABLE 15. Global Underground Truck market by segment, estimates & forecasts, 2016-2026 (USD Million)

TABLE 16. Global Underground Truck market by region, estimates & forecasts, 2016-2026 (USD Million)

TABLE 17. Global Underground Truck market by segment, estimates & forecasts, 2016-2026 (USD Million)

TABLE 18. Global Underground Truck market by region, estimates & forecasts, 2016-2026 (USD MILLION)

TABLE 19. U.S. Underground Truck market estimates & forecasts, 2016-2026 (USD MILLION)

TABLE 20. U.S. Underground Truck market estimates & forecasts by segment 2016-2026 (USD MILLION)

TABLE 21. U.S. Underground Truck market estimates & forecasts by segment 2016-2026 (USD MILLION)

TABLE 22. CANADA Underground Truck market estimates & forecasts, 2016-2026 (USD MILLION)

TABLE 23. CANADA Underground Truck market estimates & forecasts by segment 2016-2026 (USD MILLION)

TABLE 24. Canada Underground Truck market estimates & forecasts by segment 2016-2026 (USD MILLION)

TABLE 25. UK Underground Truck market estimates & forecasts, 2016-2026 (USD MILLION)

TABLE 26. UK Underground Truck market estimates & forecasts by segment 2016-2026 (USD MILLION)

TABLE 27. UK UNDERGROUND TRUCK MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 28. Germany Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 29. Germany Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 30. Germany Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 31. Roe Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 32. Roe Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 33. Roe Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 34. China Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 35. China Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 36. China Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 37. India Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 38. India Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 39. India Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 40. Japan Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 41. Japan Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 42. Japan Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 43. ROAPAC Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 44. ROAPAC Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 45. ROAPAC Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 46. Brazil Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 47. Brazil Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 48. Brazil Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 49. Mexico Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 50. Mexico Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 51. Mexico Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 52. ROLA Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 53. ROLA Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 54. ROLA Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 55. ROW Underground Truck market estimates & forecasts, 2016-2026 (USD Million)

TABLE 56. ROW Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

TABLE 57. ROW Underground Truck market estimates & forecasts by segment 2016-2026 (USD Million)

 
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