Table of Contents
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01NORTH AMERICAN SALES
- Articulated Haulers
- Global Market Overview
- Rigid Haulers Global Market Overview
- Sales Snapshot x Size (mt)
- Mechanical vs Electric Drive
- Sales Breakdown by Region
- End Market Segments
- Market Trends
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02MARKET SHARES
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03NORTH AMERICAN PRODUCTION
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04IMPORTS & EXPORTS
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05COMPONENT SUPPLY
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06FIELD POPULATION
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07FORECAST
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08MANUFACTURER SUMMARY
- Bell Trucks
- Caterpillar
- Deere
- Hydrema
- Komatsu
- Moxy
- Volvo CE
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09MANUFACTURER SUMMARY: RIGID HAULERS
- Caterpillar
- Hitachi
- Komatsu
- Liebherr
- Rimpull
- Volvo CE
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10HAULER MANUFACTURER CONTACT INFORMATION
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11RIGID HAULERS: CURRENT MODELS & TECHNICAL SPECIFICATIONS
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12ARTICULATED HAULERS: CURRENT MODELS & TECHNICAL SPECIFICATIONS
Executive Summary
This Articulated and Rigid Hauler report explores the North American articulated and rigid hauler market: its major suppliers; imports; exports; market and technological trends’ field population levels and five years of sales and production estimates. Haulers tend to be larger more profitable machines to manufacture than other types of construction equipment and there is a lot of money in parts and service sales and retrofitting older machines. They are primarily found in off-highway applications including mining, quarrying, construction, and infrastructure projects. Rigid and articulated trucks can both be used in all of the above applications; rigid trucks are more concentrated in mining applications while articulated trucks are more often found in construction applications.
The market for these machines is highly dependent on raw material exploration and extraction activities and certain categories of non-residential construction spending. Demand has been tempered by deflated commodity prices and static economic growth of the last several years. The low commodity prices of the last several years increased pressure on the mining industry because of lower profits and resulted in scaled back mine production and the closure of marginal facilities. In addition, owners placed greater focus on operational efficiencies, improving productivity in existing mines and reducing total capital expenditures.
In 2017 and 2018, business in energy-related sectors improved. Mining executives are cautiously regarding economic activity of the next couple of years, despite the 2017 and 2018 reprieve, and are looking for slow, but improving returns. They look to technology to extend life and “health” of machines as a good stop gap in a period of reduced capital expenditures. Long-term, they have their eyes on “Digital mines” where automation and autonomous machines reduce much human activity, labor and increase safety.