PUBLISHER: KBV Research | PRODUCT CODE: 1432479
PUBLISHER: KBV Research | PRODUCT CODE: 1432479
The Latin America, Middle East and Africa Construction Dumper Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 1,963.5 hundred units, showcasing a growth of 6.9% (2023-2030).
A dumper is a construction machinery designed for carrying bulk material, often on building sites. Sand, gravel, and other loose materials are generally transported using dumper trucks. The surge in construction activities has been a primary driver for adopting construction dumpers. From residential and commercial construction to large-scale infrastructure projects, the need for efficient material transport within construction sites has intensified, leading to a higher demand for construction dumpers. As governments and private entities invest in infrastructure development projects, the adoption of construction dumpers has risen accordingly. These projects, which include the construction of roads, bridges, tunnels, and airports, require the reliable and efficient transportation of materials, making construction dumpers an integral part of the construction process.
The mining industry has significantly contributed to the adoption of construction dumpers. The robust design and high payload capacity of dumpers make them well-suited for the challenging conditions of mining operations, where transporting extracted materials is a critical aspect of the overall mining process. Integrating advanced technologies has played a key role in driving the adoption of construction dumpers. Features such as GPS systems, telematics, and automated functionalities have enhanced dumpers' performance, safety, and operational capabilities, making them more attractive to construction companies.
According to the International Trade Administration and industry experts, the value of the UAE's construction industry is projected to increase by between 3.7% and 4.7% over the next five years. The nation's development agenda will promote growth centered on expanding its industrial, travel, and energy infrastructure. Thus, due to these aspects, the construction dumper market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Construction Dumper Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $666.4 Million by 2030. The Argentina market is showcasing a CAGR of 7.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.8% during (2023 - 2030).
Based on Product Type, the market is segmented into Articulated, and Rigid. Based on Fuel Type, the market is segmented into Diesel, Gasoline, and CNG & Others. Based on Application, the market is segmented into Construction, Mining, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Construction Dumper Market Report Segmentation
By Product Type (Volume, Hundred Units, USD Billion, 2019-2030)
By Fuel Type (Volume, Hundred Units, USD Billion, 2019-2030)
By Application (Volume, Hundred Units, USD Billion, 2019-2030)
By Country (Volume, Hundred Units, USD Billion, 2019-2030)