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Report: Growth of Global Mining Truck Market 2018-2022

Editorial Checklist

Reviewed

Jan 17 2019

The "Global Mining Truck Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The mining truck market will register a CAGR of close to 5% by 2022.

The advent of smart mining equipment to drive growth in the market

Several mining companies are adopting smart technologies such as digitalization and automation to improve their productivity and reduce risks. They are also connecting mining trucks to obtain better control over their fleet.

Rising adoption of automation

Several companies are automating their mining operations to improve productivity and reduce the number of accidents.

Slow growth of coal mining industry

Slow growth of mining industry to affect the growth of the mining trucks market majorly.

Key Players

Caterpillar
Hitachi Construction Machinery
Komatsu
Liebherr
Volvo

Source:

https://www.researchandmarkets.com/research/j9535g/global_mining?w=4

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