Dump Truck Industry Statistics

The dump truck industry is expected to experience steady growth in the coming years due to an increase in construction activities and infrastructure development projects.

Statistic 1

"The global dump truck market size was valued at USD 39.97 billion in 2018."

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Statistic 2

"The market is anticipated to register a CAGR of 8.6% from 2019 to 2025."

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Statistic 3

"In 2020, the market size of the Dump Truck/Body & Dump Trailer is xx million US$."

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Statistic 4

"The growing infrastructure and construction activities globally are expected to drive the growth of the dump truck market."

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Statistic 5

"Rigid dump trucks accounted for 47.5% of the market share in 2018."

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Statistic 6

"The mining sector is expected to generate the highest revenue share in the dump truck market."

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Statistic 7

"Asia Pacific held 40% of the market in terms of revenue in 2018."

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Statistic 8

"An increase in mining activities in India, China, and Australia are expected to boost the dump truck market in the Asia-Pacific region."

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Statistic 9

"Key vendors in the industry include Caterpillar Inc., Komatsu Ltd., and Hitachi Construction Machinery Co. Ltd."

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Statistic 10

"Volvo Trucks saw a 14% increase in North America market share."

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Statistic 11

"In 2019, Caterpillar’s dump truck sector saw sales and revenue decrease by 2%."

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Statistic 12

"Over 7000 individual dump truck companies operate in the U.S. alone."

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Statistic 13

"The average price of a new dump truck is around $150,000, while used dump trucks can be priced as low as $30,000."

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Statistic 14

"Electric and fossil fuel-based dump trucks are expected to be a major focus in product development."

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Statistic 15

"There are over 1,011 special reporting dump truck drivers in the United States."

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Statistic 16

"The average lifespan of a well-maintained dump truck can be up to 15 years."

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