Global Load, Haul and Dump (LHD) Market By Engine Type (Diesel and Electric), By Capacity (Less than 5.5 tons, 5.5 tons to less than 8.5, 8.5 tons to less than 12, 12 tons to less than 15, 15 tons to less than 20 and Capacity 20 Tons or More) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2025

The market for load, haul, and dump trucks (LHD) was estimated at US$ 4.06 billion in 2015 and is expected to reach US$ 7.83 billion by 2025 at a CAGR of 6.8% through the forecast period of 2017–2025. This rise in demand for LHD trucks is due to the increasing number of underground mines across the world to satisfy global metal and mineral demand. In order to match stringent government regulations on fuel consumption and greenhouse gas reduction, underground mining equipment manufacturers are focusing on introducing fuel-efficient models. Manufacturers are integrating customized hardware and software solutions to reduce fuel particulates and improve fuel efficiency. Caterpillar has integrated an advanced ventilation reduction package with its new loader, the CAT 3000H LHD, to reduce diesel particulate matter and improve fuel efficiency.

The global LHD market is highly competitive and majorly dominated by recognized multinational players such as Caterpillar, Sandvik, and Atlas Copco. Market competition among leading players is expected to increase with market consolidation in the future. For instance, Komatsu Ltd., in July 2016, announced that it would acquire the U.S.-based surface and underground mining equipment manufacturer Joy Global, Inc. in order to strengthen its position in the underground mining equipment segment. Another major instance is the collaboration of Komatsu Ltd. with G.E. Mining in January 2014. Similarly, U.S.-based Caterpillar Inc. acquired Bucyrus International Inc., a U.S.-based surface and underground mining equipment company.

The report also includes sections on the competitive profiling of the leading players in the LHD market, appealing investment propositions, and market positioning of key vendors to aid in strategic decision-making.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the LHD industry
  • Market influencing factors, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Historical 2-year market size data (2015–2016)
  • Market Forecast for the Period 2017–2025
  • Market Investment Proposition: Key Investment Segments
  • Company profiles of leading players in the global LHD industry (including financial overview, product portfolio, recent developments, and major competitors)

Overall, the research study provides a holistic view of the global heavy axles market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.

The global load, haul, and dump (LHD) market is classified into the following categories:

By Engine Type

  • Diesel
  • Electric

By Capacity

  • less than 5.5 tonnes
  • 5.5 tonnes to less than 8.5 tonnes
  • 8.5 tonnes to less than 12
  • 12 tonnes to less than 15
  • 15 tonnes to less than 20
  • Capacity: 20 tonnes or more

By Region

  • North America
  • U.S.
  • rest of North America
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East and Africa

Frequently Asked Questions:

The market for Load, Haul and Dump (LHD) Market is expected to reach US$ 7.83 Bn By 2025.

The Load, Haul and Dump (LHD) Market is expected to see significant CAGR growth over the coming years, at 6.8%.

The report is forecasted from 2015-2025.

The base year of this report is 2014.

Mining Technologies International Inc. (MTI), Dux Machinery Corporation, GHH Fahrzeuge, KGHM ZANAM S.A are some of the major players in the global market.

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Published Date:  Jun 2017
Category:  Mining, Minerals and Metals
Report ID:   58500
Report Format:   PDF
Pages:   120
Rating:    4.7 (65)
Delivery Time: 24 Hours to 48 Hours   
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