Mining Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Mining Dump Trucks
Overview
Market size
$28.5B
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$37.8B
What changed
Demand by region
Asia Pacific demand40%
North America demand25%
Latin America demand15%
Rest of world demand20%
share of global demandtotal 100%
Cost drivers
Steel and Fabricated Components35%
Powertrain and Mechanical Systems25%
Large Specialty Mining Tires15%
Manufacturing Labor and Overhead15%
Logistics and Assembly Freight10%
share of delivered cost (analyst estimate)