Press Release

North America Tipper Truck Market to Grow at 10% until 2023

Growing demand for tipper trucks from mining sector along with emergence of fuel efficient trucks to drive North America tipper truck market through 2023

According to TechSci Research report, North America Tipper Truck Market By Vehicle Type, By Size, By Application, By Country, Competition Forecast & Opportunities, 2013-2023, North America tipper truck market is projected to cross $ 8.9 billion by 2023 exhibiting a CAGR of around 10% during the forecast period. Major factors supporting the growth of North America tipper truck market include upcoming infrastructure projects including development of railways, highways, metros and commercial & residential buildings. Moreover, rising competition in North America tipper truck market is pushing tipper truck manufacturers to focus on technologically advanced products in order to maintain their competitiveness in the market.

Browse 33 market data Figures and Tables spread through 61 Pages and an in-depth TOC on "North America Tipper Truck Market"

6-Wheeler Rigid tipper truck dominated North America tipper truck market in 2017, and the segment is expected to lead the market during the forecast period as well, as these trucks are extensively used across both small and large construction and mining projects. Among applications, in North America, a large demand for tipper trucks emanates from the mining industry and the trend is expected to remain same during forecast period as well. United States is the dominating country in North America tipper truck market on account of high number of large-scale construction and mining projects being undertaken in the country, followed by Canada and Mexico.

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“Various upcoming greenfield and brownfield infrastructure projects coupled with rising government expenditure towards industrial and construction sectors in North America is boosting demand for tipper trucks across the region. Moreover, focus of OEMs on manufacturing tipper trucks with low cost and high efficiency would further steer growth in North America tipper truck market during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based North America management consulting firm.

North America Tipper Truck Market By Vehicle Type, By Size, By Application, By Country, Competition Forecast & Opportunities, 2013-2023 has analyzed the potential of tipper truck market across the North America region, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by North America tipper truck market.


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Relevant Reports

North America Tipper Truck Market Segmented By Vehicle Type (Small (Less than 30 Tons), Medium (31 Tons - 70 Tons), and Large (Above 70 Tons)), By Size (6-Wheeler Rigid Tipper, 4-Wheeler Rigid Tipper, 8-Wheler Rigid Tipper, and Articulated Wheeler Rigid Tipper), By Application (Construction, Mining, Others), By Country, Competition Forecast & Opportunities,

Automotive | Sep, 2023

The major drivers for the North America Tipper Truck Market include robust infrastructure investments stimulating construction activities, growing demand from extractive industries such as mining and quarrying, and the push for sustainable transportation solutions driven by environmental regulations. Additionally, technological advancements such as connected features and safety enhancements are propelling the adoption of modernized tipper trucks.

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