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Dump Trailer Market By Type (End Dump Trailer, Side Dump Trailer, Bottom Dump Trailer) By Application (Construction, Mining, Agricultural, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global dump trailer market report explores the critical analysis of the dump trailer industry using the key parameters. The report consists of investment strategies, the need for investments in the dump trailer industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the dump trailer industry and how economic and non-economic barriers are helping the dump trailer market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

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Key Highlights of the report

How are the major segments performing in the dump trailer market?

  • In 2021, the side dump trailer dominated the dump trailer market owing to rising demand from construction industries. Also, this product's low ownership and maintenance costs drive market growth.
  • In 2021, the agricultural segment held a significant revenue share in the market. The growth is ascribed to rising demand from the farmer's community due to the labor shortage in emerging countries.

Which region dominated the dump trailer market?

In 2021, Asia-Pacific held the largest share of global dump trailer market due to a growing emphasis on efficiency in agricultural transportation and the rising demand for agricultural equipment across the region.

What is the competitive environment of the dump trailer market?

The dump trailer industry's competitive environment provides information on the entire economic profit made by suppliers and businesses, the sales and revenues created in this sector, the Dump Trailer market share globally, the business organization summary, the introduction of new products, and the opportunities for the dump trailer market. In addition, dump trailer manufacturers' primary expansion strategies for reaching out to consumers include a well-structured and efficient supply chain and an expanded retailing network.

Executive Summary

How dump trailers are beneficial for the construction industry?

The dump trailers are typically used to transport building supplies like soil and to remove trash and surplus building materials. Dump trailers are the greatest option for disposing of rubbish in your regular projects because they simplify waste removal. Commercial trailers are used for various transportation demands in the construction sector. They are used to transport everything, including heavy machinery and building supplies. Due to the variety of tasks that these trailers complete, many designs of trailers are employed to satisfy the needs of each project. The proper trailer must be picked for the particular work at hand for fleet managers, business owners, and vehicle operators. This promotes a smoother, more effective job site and guarantees that commodities, materials, and equipment are transferred safely.

Which are the key investments by the dump trailer market players?

Leading players operating in the dump trailer market are focusing on expansion in production capacities for storage and retrieval systems. Apart from this, players are concentrating on strategic mergers and acquisitions, collaborations and creating awareness among the businesses via various trade shows and programs for helping the manufacturers to promote the usage of biofuels in the industry, which further helps to expand their customer base in global dump trailer market to gain a competitive edge. Private equity companies, venture capitalists, and strategic partners have invested in dump trailers. With a long-term perspective, savvy investors may recognize the potential for dump trailers to provide large returns on their investment in this industry.

Some major players in the dump trailer market are CMIC Vehicles, Wielton SA, Schmitz Cargobull AG, Manac, Mac Trailer, Kagel Trailers, East Manufacturing, JCBL Limited, Novae Corp., and Clement Industries.

What are the major driving factors for the dump trailer market?

Rapid farm mechanization, increasing government investment, and rising demand from various industries, such as agriculture, forestry, and construction, in both developed and emerging nations are some major factors driving the global dump trailer market over the forecast period. Since a dump trailer is adaptable and can transport everything from sand to fertilizer bags, it is frequently utilized in place of dumpers and tippers in various situations. For tractors of various sizes, dump trailers can be made to order. Additionally, they are simple to use, have a large carrying capacity, and have lower running expenses than a dumper or tipper, all of which will increase demand for the product in the coming years.

What are the major risks for the dump trailer market?

The market of dump trailer has certain restrictions that are anticipated to hinder its potential growth, such as the existence of local players in the unorganized sector and the lightweight of semi-trailers. Additionally, the high maintenance cost, as well as the total cost of ownership, hampers the growth of the dump trailer market during the forecast period.

Which is the key application in the dump trailer market?

Side dump trailers have a significant revenue share in the global market due to their ability to unload whatever they carry more quickly than other types of dump trailers. The primary reason is that they have a side-mounted dumping mechanism and a bigger unloading capacity. These trailers may dump different items onto the ground or into small spaces by tilting to one side.

How is the dump trailer market performing in regions?

Asia-Pacific is leader in the global dump trailer market, with a prominent revenue share owing to the growing population and labor shortage in the region's emerging countries. Moreover, rising demand for agricultural equipment and increasing focus on efficiency in agricultural transportation across the region is driving the growth of dump trailer market in Asia-Pacific. Furthermore, increasing infrastructure projects, rising investment from local and global companies, and supportive trade conditions in this region are expected to fuel the growth of the dump trailer market over the coming years.

What is the regulatory landscape for the dump trailer market?

The establishment of the federal motor carrier safety administration (FMCSA) aided the organization in better managing commercial vehicle-related matters, including licensing, data and analysis, regulatory compliance, and enforcement procedures. The department of transportation (DOT) has established safety requirements that all foreign manufacturers must adhere. The manufacturers' requirements include the following: each trailer must have a VIN that complies with the format, content, and physical specifications; all certification labels must be properly attached; manufacturers must give customers a one-page purchaser statement; and manufacturers must show customers proof of certification.

What is the market size of dump trailer regarding value?

The global dump trailer market is anticipated to grow at a significant CAGR of XX% during the forecast period. The global dump trailer industry was estimated to be worth USD XX billion in 2021 and was expected to be worth USD XX billion by 2028.

What are the major players planning for the future of the dump trailer market?

Growing regional existence and investment in downstream applications are anticipated to deliver a competitive edge in the market. For instance, in July 2021, Manac, the biggest producer of semi-trailers in Canada, recently unveiled a new facility. The 1,486 square metre building will have six service bays and be a sales, parts, and service centre. It is situated in the Moncton East Business Park next to the TransCanada Highway. Additionally, it's the first of several places the OEM has selected in a five-year growth plan to accommodate rising demand.

Segmentation of Global Dump Trailer Market-

Global Dump Trailer Market – By Type

  • End Dump Trailer
  • Side Dump Trailer
  • Bottom Dump Trailer

Global Dump Trailer Market – By Application

  • Construction
  • Mining
  • Agricultural
  • Others

Global Dump Trailer Market – By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • U K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global dump trailer market

The entire dump trailer market supply chain has been severely impacted by the COVID-19 epidemic due to stoppage in manufacturing activities.

Asia-Pacific accounted for the major global dump trailer market revenue.

The major drivers responsible for the market's growth include

The side dump trailer segment had a major share in the global market in 2021.

The agricultural segment had a major share in the global market.

Dump Trailer Market Scope

Report Attribute Details
Market Value in 2021 USD XX billion
Market Value in 2028 USD XX billion
CAGR XX%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Oct 2022
Category:  Automotive & Transportation
Report ID:   60743
Report Format:   PDF
Pages:   120
Rating:    4.2 (60)
Delivery Time: 24 Hours to 48 Hours   
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