Current truck size and weight standards are a blend of Federal and State regulations and laws. Federal law controls maximum gross vehicle weights and axle loads on the Interstate System. Federal limits are 80,000 pounds gross vehicle weight, 20,000 pounds on a single axle, and 34,000 pounds on a tandem axle group. There are also Federal standards for length and width on the National Network (NN). The NN comprises the Interstate and certain roadways designated by the States. There are no Federal vehicle height limits.
The article cited AMA's "Global Tipper Trucks Market Study" explored CAGR of %. According to the report, Continuing Growth in Road Construction Across Major Developing Economies is one of the primary growth factors for the market. Rising Demand for Material Transportation in Mining Industries Across The World
is also expected to contribute significantly to the Tipper Trucks market. Overall, Mining
applications of Tipper Trucks, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Size, such as 4-Wheeler Rigid Tipper, is boosting the Tipper Trucks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Tipper Trucks market identified that the demand is rising in many different parts of the world as "Increasing Demand From Emerging Economies".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Tipper Trucks market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Tipper Trucks market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Tipper Trucks market size is calculated using market estimation process, the Tipper Trucks market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Tipper Trucks market size has been validated using both top-down and bottom-up approaches.