Haul Truck

Haul Truck Market Outlook

The global haul truck market is anticipated to reach approximately $9.62 billion by 2035, growing at a compound annual growth rate (CAGR) of around 5.2% from 2025 to 2035. This growth trajectory can be attributed to the increasing demand for heavy-duty trucks in mining and construction industries, driven by expanding infrastructure projects and mining activities globally. Additionally, the rising emphasis on efficiency and productivity in logistics and transportation sectors has also fostered advancements in haul truck technology, including innovations aimed at reducing emissions and increasing operational efficiency. As the global economy continues to recover and develop, the requirement for robust and durable haul trucks is expected to intensify, propelling the market forward. Moreover, the gradual shift towards automated and electric haul trucks signifies a transformative phase in the industry, aligning with the global push towards sustainability.

Growth Factor of the Market

A myriad of growth factors is driving the haul truck market, notably the expansion of the mining and construction sectors, which are reliant on effective material handling. The rising urbanization and infrastructure development, particularly in emerging economies, are fostering an increased uptake of haul trucks. Additionally, technological advancements, such as the integration of automation and electric power into haul truck designs, are reshaping the market landscape significantly. Companies are focusing on research and development to enhance the efficiency and sustainability of their haul trucks, leading to smarter and cost-effective solutions for end-users. Furthermore, the fluctuating prices of raw materials prompt companies to optimize their operations, thereby increasing the demand for technologically advanced haul trucks that offer better fuel efficiency and reduced operational costs. The overall promotion of sustainable practices within industries further amplifies the demand for electric and hybrid haul trucks.

Key Highlights of the Market

• The global haul truck market is poised for significant growth, driven by increasing urbanization and industrialization across developing nations.
• Technological innovations such as autonomous and electric haul trucks are becoming pivotal in enhancing operational efficiency.
• Mining and construction applications remain the primary contributors to the demand for haul trucks.
• Rising environmental regulations are driving the shift towards alternative fuel sources, including electric and hybrid variants.
• Key players are investing in strategic partnerships and collaborations to expand their market presence and enhance product offerings.

By Product Type

Rigid Haul Truck:

Rigid haul trucks are characterized by their solid frame and are designed to transport heavy loads over rough terrain. These trucks offer superior stability and load capacity, making them ideal for demanding applications such as mining and construction. The rigid design allows for greater payloads compared to articulated trucks, making them a preferred choice in environments where heavy lifting is essential. Moreover, the simplicity of the rigid structure translates into easier maintenance and durability, further enhancing their appeal in harsh working conditions. As mining operations become more expansive, the demand for rigid haul trucks is expected to continue on an upward trajectory, driven by the need for increased productivity and efficiency in material handling.

Articulated Haul Truck:

Articulated haul trucks, known for their flexible and maneuverable design, consist of a cab and a trailer that can pivot, allowing for better handling in challenging terrains. These trucks are particularly advantageous in construction sites where space is limited and routing can be complicated. Their ability to traverse steep gradients and rough surfaces enables them to excel in environments that rigid trucks cannot navigate effectively. The growing trend towards smaller and more flexible construction sites is likely to bolster the market for articulated haul trucks in the coming years. Their versatility and efficiency in transporting materials across uneven ground make them a critical asset in many construction and mining projects.

Electric Haul Truck:

The transition towards electric haul trucks is gaining momentum as industries embrace cleaner energy solutions in response to growing environmental concerns. Electric haul trucks offer reduced operational costs and lower emissions compared to their diesel counterparts, making them an attractive choice for companies aiming to meet sustainability goals. Advances in battery technology have enhanced the performance and range of electric haul trucks, making them viable options in heavy-duty applications. As regulatory pressures for emissions reduction increase, the adoption of electric haul trucks is expected to accelerate significantly, particularly in regions where sustainable practices are being emphasized in mining and construction operations.

Autonomous Haul Truck:

Autonomous haul trucks represent the forefront of innovation in the haul truck market, utilizing advanced technologies such as GPS, sensors, and artificial intelligence to operate without human intervention. This technology allows for increased safety and efficiency, significantly reducing the likelihood of accidents and optimizing operational processes. Companies leveraging autonomous haul trucks can operate their fleets continuously, leading to enhanced productivity and reduced labor costs. As mining companies seek to minimize human risk and maximize output, the adoption of autonomous haul trucks is projected to surge. However, challenges such as high initial investments and the need for robust infrastructure to support these operations may temper growth in the short term.

Mechanical Haul Truck:

Mechanical haul trucks, which are traditionally powered by diesel engines, continue to play a vital role in the haul truck market due to their reliability and power. These trucks are designed to handle heavy loads and can operate in a variety of conditions. The mechanical design and robust nature of these trucks make them suitable for rigorous applications in mining and heavy construction, where durability is paramount. Although the market is seeing a shift towards electric and autonomous vehicles, mechanical haul trucks remain a mainstay due to their proven performance and familiarity among operators. The gradual evolution of mechanical technologies, including enhancements in fuel efficiency and emissions control, is likely to keep these trucks relevant in the competitive landscape.

By Application

Mining:

The mining sector is one of the largest consumers of haul trucks, with these vehicles being essential for transporting heavy materials from extraction sites to processing facilities. The increase in mining activities across various minerals such as coal, iron ore, and copper is driving the demand for robust haul trucks equipped to handle significant payloads. As mining operations expand into more remote and challenging terrains, the need for durable and efficient haul trucks becomes even more critical. Moreover, advancements in technology, including automation and real-time tracking, are enhancing operational efficiency in mining applications, further propelling the growth of haul trucks in this segment.

Construction:

In the construction industry, haul trucks play a crucial role in moving materials and equipment across job sites. The burgeoning construction sector, spurred by urbanization and infrastructure development in various regions, is prompting increased investments in haul trucks. These trucks are employed to transport aggregates, concrete, and other heavy materials necessary for building projects. The versatility of haul trucks, coupled with their ability to operate in diverse terrains, makes them invaluable in construction operations. As construction projects become larger and more complex, the demand for efficient haul truck models capable of optimizing logistics and minimizing downtime is expected to rise significantly.

Agriculture:

Although less prominent than mining and construction, the agriculture sector is increasingly recognizing the utility of haul trucks in transporting goods and materials. These trucks are employed in various agricultural activities, including the transportation of harvested crops, feed, and heavy equipment to and from fields. The growing trend towards mechanization in agriculture necessitates efficient and reliable transport solutions, propelling the demand for haul trucks within this sector. As agricultural practices evolve and mechanization becomes more prevalent, the role of haul trucks is expected to expand, supporting overall productivity and efficiency in agricultural operations.

Forestry:

The forestry industry utilizes haul trucks for transporting timber and other forest products from logging sites to processing facilities or markets. Given the rugged terrains often associated with forestry operations, durable and high-capacity haul trucks are essential for efficient logistics. The increasing demand for sustainable timber and wood products is driving the need for effective transport solutions that can navigate challenging environments while meeting regulatory standards on sustainability. As the forestry sector continues to evolve, the demand for specialized haul trucks designed for timber transportation is expected to gain traction.

Others:

Beyond the primary applications of mining, construction, agriculture, and forestry, haul trucks are also employed in various other sectors, including waste management and recycling. These trucks play a vital role in transporting waste materials to treatment facilities, thereby facilitating efficient waste management processes. The growing focus on sustainable practices and recycling initiatives across industries is likely to support the demand for haul trucks in these applications. As companies look to optimize their operations and reduce environmental footprints, the versatility of haul trucks in different applications underscores their importance in modern logistics and transport.

By Distribution Channel

Direct Sales:

Direct sales of haul trucks involve manufacturers selling their products directly to end-users, which allows for personalized transactions and direct communication regarding specifications and requirements. This distribution channel is advantageous for both manufacturers and customers as it facilitates a better understanding of customer needs and preferences. Direct sales also enable manufacturers to offer tailored financing options, maintenance packages, and warranties to customers, enhancing post-sale support and improving customer satisfaction. The growth of direct sales channels is increasingly favored by companies aiming to establish closer relationships with their customers and streamline the purchasing process, thereby enhancing market penetration.

Distributor Sales:

Distributor sales serve as an essential distribution channel for haul trucks, particularly in regions where manufacturers may not have a direct presence. Distributors are crucial in providing access to a broader market and bridging the gap between manufacturers and end-users. They play a critical role in logistics, handling the complexities of inventory management and delivery. By leveraging established distribution networks, manufacturers can enhance their reach and provide customers with localized support. The increasing demand for haul trucks in various applications is likely to boost the reliance on distributor sales, as distributors can efficiently cater to specific regional demands through targeted marketing and local expertise.

Online Retail:

The rise of digital commerce has also penetrated the haul truck market, with online retail becoming an increasingly popular distribution channel. Manufacturers and vendors are tapping into e-commerce platforms to sell haul trucks and associated equipment, allowing for a broader reach and convenience for customers. Online retail offers advantages such as 24/7 availability and the ability to compare different models, features, and prices from the comfort of one's location. As customers become more accustomed to making significant investments online, the online retail sector for hauling vehicles is expected to expand, providing manufacturers with new avenues for market penetration and growth.

Offline Retail:

Offline retail remains an important distribution channel for the haul truck market, particularly for customers who prefer a hands-on approach to purchasing heavy machinery. Showrooms and dealerships allow potential buyers to inspect haul trucks physically, assess their features, and consult with sales staff for personalized advice. The offline retail experience is crucial for building trust and rapport with customers, especially in high-value transactions involving heavy machinery. As companies continue to establish robust sales networks, the offline retail sector is expected to remain a key player in the distribution landscape of haul trucks.

Rental:

The rental market for haul trucks is gaining traction as businesses seek flexible and cost-effective solutions for temporary projects without the burden of ownership. Renting haul trucks allows companies to avoid high capital expenditures, enabling them to allocate resources more efficiently. This approach is particularly appealing in industries with fluctuating demands, such as construction and mining, where project durations and resource requirements can vary widely. The rental model also permits access to the latest models and technologies without the need for significant upfront investment. As the trend towards project-based work continues to grow, the rental segment is poised for substantial growth within the haul truck market.

By Fuel Type

Diesel:

Diesel-powered haul trucks have long dominated the market due to their strong performance characteristics, including high torque and efficient fuel consumption. These trucks are well-suited for heavy-duty applications and are preferred in industries such as mining and construction, where durability and power are paramount. The existing infrastructure for diesel refueling and maintenance further supports the widespread use of diesel haul trucks. However, with increasing regulatory pressures to reduce emissions, the dominance of diesel is likely to face challenges as companies explore alternative fuel options that align with sustainability goals.

Electric:

Electric haul trucks are emerging as a favorable option in response to environmental concerns and the push for cleaner energy solutions. These trucks offer significant reductions in operational costs, especially in terms of fuel and maintenance, while also minimizing greenhouse gas emissions. The advancements in battery technology are improving the performance and operational range of electric haul trucks, making them viable for heavy-duty applications. As regulatory frameworks evolve towards stricter emissions standards, the electric haul truck segment is expected to witness substantial growth, particularly in regions that prioritize sustainability in transportation.

Hybrid:

Hybrid haul trucks combine traditional diesel engines with electric propulsion systems, allowing for greater fuel efficiency and reduced emissions compared to solely diesel-powered vehicles. This hybrid approach provides a transitional solution for companies aiming to lower their carbon footprint while maintaining the power necessary for heavy-duty tasks. The flexibility of hybrid haul trucks in utilizing both fuel sources can lead to enhanced operational efficiency and longer ranges. As awareness of environmental issues grows, hybrid haul trucks are likely to gain traction in markets that are still reliant on diesel but are looking to improve sustainability.

LNG:

Liquefied natural gas (LNG) is gaining attention as an alternative fuel for haul trucks, driven by its lower emissions profile compared to traditional diesel. LNG-powered trucks are particularly beneficial in regions where natural gas infrastructure is well established, offering a cost-effective and cleaner fuel option for heavy-duty applications. The potential for reduced fuel costs and the ability to meet regulatory emissions standards make LNG an attractive choice for companies looking to enhance their sustainability goals. As the global energy landscape shifts towards cleaner alternatives, the adoption of LNG-powered haul trucks is expected to grow, particularly in industries heavily invested in sustainability initiatives.

By Region

The haul truck market is influenced significantly by regional dynamics, with North America leading the market share due to its established mining and construction industries. In 2025, North America is projected to account for approximately 30% of the global haul truck market, primarily driven by heightened infrastructure development and increased mining activities in the region. The United States, with its extensive mining operations and construction projects, is a major contributor to this growth. Moreover, technological advancements and a push toward integrating electric and autonomous haul trucks in operations further support the region's growth prospects, with a projected CAGR of 5.5% during the forecast period.

Europe is another key region in the haul truck market, forecasted to hold a significant share due to ongoing infrastructure projects and a focus on sustainability. The European market is expected to account for approximately 25% of the global haul truck market by 2035. The emphasis on environmental regulations and the adoption of electric and hybrid technologies are shaping the market landscape in this region. Additionally, the growing trend towards automation within the mining and construction sectors is further propelling the adoption of advanced haul trucks. The Asia Pacific region is anticipated to witness remarkable growth, projected to capture around 28% of the global market share, fueled by rapid urbanization and increased industrial activities in countries such as China and India.

Opportunities

The haul truck market presents numerous opportunities, particularly through the integration of advanced technologies that enhance operational efficiency and sustainability. As industries strive to meet growing environmental regulations, the development of electric and hybrid haul trucks is becoming a focal point for manufacturers. The increasing demand for automation in material handling processes is driving innovations in autonomous haul truck technology, providing opportunities for companies to differentiate themselves with cutting-edge solutions. Furthermore, the shift towards e-commerce and digital platforms for sales and service can facilitate easier access to advanced haul trucks, thereby expanding the market reach for manufacturers. Collaborative initiatives between industry stakeholders can also foster advancements in research and development, leading to the creation of next-generation haul trucks designed for diverse applications across multiple sectors.

In addition, as infrastructure projects continue to surge globally, there is a significant opportunity for haul truck manufacturers to cater to this increased demand. Government investments in infrastructure and mining projects can lead to heightened requirements for reliable and efficient haul trucks. The ongoing push towards sustainability and the adoption of green technologies across industries also present opportunities for companies focused on developing eco-friendly haul truck solutions. Furthermore, the rental market for haul trucks is expanding, providing an avenue for companies to capitalize on fluctuating project demands without the burden of ownership. As market dynamics continue to evolve, those companies that adapt and innovate in response to emerging trends are likely to capture significant market share.

Threats

Despite the promising outlook for the haul truck market, several threats could impede growth. The volatility of raw material prices can significantly affect the manufacturing costs of haul trucks, leading to fluctuating prices that may deter potential buyers. Additionally, the increasing complexity of technology integration within haul trucks introduces challenges in terms of maintenance and operational training for end-users, which may slow adoption rates. Competition from alternative transport solutions, such as conveyor systems or lighter vehicles, may also pose threats to the haul truck market, particularly in industries where efficiency and cost are critical. Furthermore, stringent environmental regulations can act as a double-edged sword by increasing compliance costs for manufacturers while simultaneously fostering the demand for greener solutions.

Restraining factors such as high initial capital investments associated with advanced haul truck models can also limit market growth, particularly for small and medium-sized enterprises that may not have the financial resources to invest in expensive equipment. Additionally, the pace of technological advancements may outstrip the ability of some companies to adapt, leading to potential obsolescence of older models. The regulatory landscape is also constantly evolving, and companies must remain vigilant and agile in responding to new policies and regulations that could impact operations. As the haul truck market progresses, navigating these threats will be essential for maintaining growth and competitiveness.

Competitor Outlook

• Caterpillar Inc.
• Komatsu Ltd.
• Volvo Group
• Hitachi Construction Machinery Co., Ltd.
• Terex Corporation
• Mercedes-Benz Trucks
• Scania AB
• Manitou Group
• John Deere
• Bell Equipment
• Doosan Infracore
• JCB
• Case Construction Equipment
• Liebherr Group
• New Holland Construction

The competitive landscape of the haul truck market is characterized by a mix of established players and emerging manufacturers striving to capture market share through innovative solutions and enhanced product offerings. Major companies such as Caterpillar Inc. and Komatsu Ltd. lead the market, leveraging their brand reputation, extensive product portfolios, and strong distribution networks to maintain competitive advantages. These companies are investing heavily in research and development to introduce advanced haul trucks that integrate automation and electric power, reflecting the industry's shift towards sustainability and efficiency. Their extensive experience in the market positions them as leaders in adopting new technologies and responding to changing customer needs.

Emerging players in the haul truck market are focusing on niche segments and innovative solutions, often specializing in electric and autonomous haul trucks. Companies like Volvo Group and Hitachi Construction Machinery are making strides in sustainable transport solutions, developing electric and hybrid models that align with global environmental goals. Additionally, some companies are exploring partnerships and collaborations to enhance their technological capabilities and broaden their product offerings. The diverse range of competitors in the haul truck market encourages continuous innovation and customer-centric solutions, positioning the market for sustained growth in the coming years.

In addition to technological advancements, strategic acquisitions and mergers are becoming increasingly prevalent as companies seek to consolidate their position in the haul truck market. This trend enables firms to gain access to new technologies, expand their geographic reach, and enhance operational efficiencies. For instance, mergers between traditional manufacturers and technology firms can result in the development of cutting-edge haul trucks that cater to the evolving needs of industries, facilitating higher productivity and reduced environmental impact. As the competitive landscape continues to evolve, companies that demonstrate agility and innovation in their strategies will be well-positioned to thrive in the dynamic haul truck market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 JCB
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Scania AB
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 John Deere
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Volvo Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Komatsu Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Manitou Group
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Bell Equipment
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Liebherr Group
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Caterpillar Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Doosan Infracore
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Terex Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Mercedes-Benz Trucks
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 New Holland Construction
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Case Construction Equipment
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Hitachi Construction Machinery Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Haul Truck Market, By Fuel Type
    • 6.1.1 Diesel
    • 6.1.2 Electric
    • 6.1.3 Hybrid
    • 6.1.4 LNG
  • 6.2 Haul Truck Market, By Application
    • 6.2.1 Mining
    • 6.2.2 Construction
    • 6.2.3 Agriculture
    • 6.2.4 Forestry
    • 6.2.5 Others
  • 6.3 Haul Truck Market, By Product Type
    • 6.3.1 Rigid Haul Truck
    • 6.3.2 Articulated Haul Truck
    • 6.3.3 Electric Haul Truck
    • 6.3.4 Autonomous Haul Truck
    • 6.3.5 Mechanical Haul Truck
  • 6.4 Haul Truck Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales
    • 6.4.3 Online Retail
    • 6.4.4 Offline Retail
    • 6.4.5 Rental

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Haul Truck Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Haul Truck market is categorized based on

By Product Type

• Rigid Haul Truck
• Articulated Haul Truck
• Electric Haul Truck
• Autonomous Haul Truck
• Mechanical Haul Truck

By Application

• Mining
• Construction
• Agriculture
• Forestry
• Others

By Distribution Channel

• Direct Sales
• Distributor Sales
• Online Retail
• Offline Retail
• Rental

By Fuel Type

• Diesel
• Electric
• Hybrid
• LNG

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Caterpillar Inc.
• Komatsu Ltd.
• Volvo Group
• Hitachi Construction Machinery Co., Ltd.
• Terex Corporation
• Mercedes-Benz Trucks
• Scania AB
• Manitou Group
• John Deere
• Bell Equipment
• Doosan Infracore
• JCB
• Case Construction Equipment
• Liebherr Group
• New Holland Construction