Market Overview:
Coal Haulers are Designed and built for mining applications engineered and constructed to deliver superior performance. These are needed to transport the bigger chunks of coals from one place to another for processing and need a high payload-to-weight ratio. Haul trucks are off-highway, rigid dump trucks specifically engineered for use in high-production mining and heavy-duty construction environments.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Sandvik (Sweden), Kress (United States), Caterpillar (United States), Komatsu Mining (United States), Maxter Mining Products (Canada), Simmons Equipment (United States), Rham Equipment (South Africa), Baughan Group (CAI Industries) (United States), Eimco Elecon India Limited (India), AB Volvo (Sweden) and Uintah Machine (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Coal Haulers Market Study:
Sandvik (Sweden), Kress (United States), Caterpillar (United States), Komatsu Mining (United States), Maxter Mining Products (Canada), Simmons Equipment (United States), Rham Equipment (South Africa), Baughan Group (CAI Industries) (United States), Eimco Elecon India Limited (India), AB Volvo (Sweden) and Uintah Machine (United States)
Coal Haulers Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Mining and Quarrying |
Type | Rear Eject and End Dump |
Capacity | 100 Tons,200 Tons,> 200 Tons |
Industry Verticals | Mining,Transport,Construction and Infrastructure,Others |
Influencing Trend:
Product Innovation and Equipment Mounting with Advanced Technology for Better Coal Mining and Quarrying
Market Growth Drivers:
Need for the Efficient and Faster Transportation of Coals and Growing Demand for Coal Haulers in Mining and Coal Extracting Industry
Challenges:
Usage of Different Coal Transport Options Like Rail and Pipelines
Restraints:
High Cost Involved in Employment Manufacturing and Maintenance of Coal Haulers
Opportunities:
Rising Government Investment in Coal Haulers for Efficient Coal Mining
.
Latest Industry Highlights:
In 2018, Volvo Trucks launched the largest capacity multi-axle coal hauler trucks for Indian mining. This launch is equipped with two new large capacity 5 axle dump trucks for various mining applications viz The FMX 520 10x4 dump truck with 26.1 Cu.m body and FMX 480 10x4 dump truck with 24 Cu.m body.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Coal Haulers market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Coal Haulers market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Coal Haulers Manufacturing, Component Manufacturer, Research Institutes, End-User Industry and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.