Radiant Insights has announced the addition of “Global Site Dumper Market Outlook 2017-2022″ Market Research report to their database.
According to a report available on Radiant Insights, Inc.; the global site dumper market is projected to display steady growth by 2022. Rapid infrastructure development across the world can boost the market during the forecast period (2017 to 2022). Demand for transport and utility infrastructure is on the rise. Various governments across the world are launching several plans to provide reasonably priced housing. These governments efforts are expected to boost residential construction, which will drive the demand for site-dumpers. As, the dumpers are used to transport loose materials including sand, soil, and gravel.
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Growing use of site dumpers in landscaping and grounds maintenance is also expected to boost the market growth in the coming years. Many landscaping projects may need to remove loose material such as dirt and rock and brought materials such as gravel or paving stones to job site. Also, many landscaping projects require that any vehicle to pass over tight spaces and make minimum disturbance to the ground. The lightweight dumper may be applicable for these situations. They can be also used in grounds maintenance in parks, golf courses, and manicured green spaces.
Technological advancements have also led to convenience of constructions in any terrain. The sensors and monitoring systems enables smooth functioning in the tunnels, which has also increased the digging and construction activities. This is also expected to encourage the use of site dumpers in the coming years. Growing trend of rental equipment services is also expected to support the market growth. Construction equipment such as site dumpers are expensive. So, renting equipment is widely accepted by small and medium enterprises (SMEs) as they find these services cost effective.
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Worldwide site dumper market can be segmented on the basis of application and region. Based on application, the market can be categorized into construction, agriculture, and ground maintenance. Geographically, the market can be divided into North America, Europe, Asia Pacific, Middle East and Africa, and South America. Asia Pacific is estimated to exhibit significant growth during the forecast period. This can be attributed to growth in infrastructural development activities as a result of rapid urbanization and industrialization. Additionally, ongoing smart city projects and government efforts towards affordable housing projects in emerging countries in the region can have positive impact on the market.
Some of the leading players operating in the site dumper market include Ajax Fiori, Lugong Machinery, Wacker Neuson, Shengxiong, and Wacker Neuson. Participants in the market are focusing more on the development of innovative products and to provide better services. Presence of strict regulations in many developed regions are expected to boost the innovation in heavy load vehicles. This is also expected to boost the market growth in the years to come. Moreover, players are also focusing more on safety features of vehicles. For instance, JCB recently introduce a new site dumper range in the U.S. and Canada. The new JCB site dumper range includes the 6T-1 with either a front- or swivel-tip bucket and 13,228-pound capacity, the 9T-1 with front-tip and 19,842-pound capacity, and the 7T-1 Hi-Viz with front-tip and 15,432-pound capacity. These dumpers can be used to move bulk material and to be used by landscapers, contractors, home builders and highway workers. These dumpers also feature many safety features such as front cameras, reverse alarm, and seatbelt switch logic to conform the correct seating position of driver.
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