The Global Dumper Truck Market is expected to grow from USD 13.459 billion in 2025 to USD 19.529 billion in 2030, at a CAGR of 7.73%.
A dumper truck, also known as a tipper truck, is a type of vehicle used for transporting bulk materials from one place to another.
It is equipped with an open-box bed, which is hinged at the rear end and is used to dump the load. Due to the increasing number of construction activities and infrastructural developments, the demand for dump trucks is rising as they can facilitate the transport of materials like sand, gravel, and rock from the loading point to the site quickly by saving time and increasing efficiency. However, dumper trucks are sturdily built and have a longer average lifespan, which means the industries employing a fleet of these trucks would not require new trucks for some years, which will act as a restraint on the market’s growth.
Furthermore, the increasing participation of market players to make dumper trucks advanced and efficient and their focus on increasing the production of these trucks to meet the growing demand from various industries is bolstering the market growth over the forecast period. The model included a Stage 5 engine from Cummins and was made available in 2 series 922G and 920G. The launch of the 920G was targeted toward customers looking for soft terrain operations and the 922G had a bigger wheelbase and slightly better payload capacity. They were based on their Granite models and were produced as a part of the Production Vehicle Testing program due to their $296 million contract with the U.S. Army for the armored and specialized Heavy Dump Trucks. This hydrogen-fueled truck served as an ideal solution to the ongoing global energy and environmental crisis. Through this development, the company set a goal to launch eco-friendly construction trucks in order to reduce pollution.
Additionally, initiatives and investments by various governments are also expected to fuel market growth. Huge investments like this in the development of infrastructures are expected to drive the growth of the dump truck market.
The dumper truck market has been segmented based on type, end-user industry, and geography. By type, the market has been segmented as standard, super, and others. By the end-user industry, the market has been segmented into construction and mining.
By type, standard dump trucks are expected to hold a considerable amount of share owing to the increasing demand and usage of these trucks in many construction operations and infrastructural development for the transport of raw and bulk materials.
The construction and mining industries require a lot of material in bulk within a limited span of time to conduct operations smoothly and quickly. The dumper trucks have a good amount of capacity and can transfer a lot of material to the site from the loading area. In the end-user industry, construction is expected to hold a good amount of share, which is attributable to the fact that there is an increasing number of construction activities and mining operations.
By geography, the Asia Pacific region is expected to hold a significant market share owing to increasing construction and infrastructural activities and mining operations in countries like India and China. Also, key market players are positioning themselves to contribute to the growing demand from these sectors. For example, on September 10, 2018, BEML Limited, which is a public sector company and a manufacturer of mining and construction equipment, announced the launch of an indigenously designed and developed nation’s first 205T Electric Drive Rear Dump Truck (Model BH205-E). This truck was developed for use in mining operations in Northern Coalfields Limited. In addition, on October 15, 2019, Coal India Ltd., for the purpose of using some trucks at the Gewra mine, signed a contract with BELAZ for the delivery of dumper trucks with a payload capacity of 136 tons.
Some of the major players mentioned as a part of this report are BELAZ, BEML Limited, Caterpillar, and Komatsu.
| Report Metric | Details |
|---|---|
| Total Market Size in 2026 | USD 13.459 billion |
| Total Market Size in 2031 | USD 19.529 billion |
| Growth Rate | 7.73% |
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Segmentation | Fuel Type, Truck Type, End-User Industry, Geography |
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies |
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