Mining Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Mining Trucks - Haul
Overview
Market size
$29.0B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$36.1B
What changed
Demand by region
North America demand25%
Asia Pacific demand30%
Latin America demand22%
Africa and Middle East demand15%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Steel and raw materials35%
Manufacturing and labor25%
Powertrain and components20%
Logistics and assembly12%
Overhead and compliance8%
share of delivered cost (analyst estimate)