OrbisResearch.com has published new research report on “Global Tipper Body Equipment Market Research Report and Forecast to 2017-2022″ to its database.
According to Stratistics MRC, the Global Tipper Body Equipment market is estimated at $3145.23 million in 2016 and is expected to reach $4489.56 million by 2023 growing at a CAGR of 5.2% from 2016 to 2023. Increasing urbanisation, booming construction & mining sectors, technological innovation in tipper body products and rapid adoption of automation are some of the key factors fueling the market. However, factors such as high fuel consumption and negative environmental impact of tipper equipment & vehicles are hampering the market growth. In addition, improvement of effective equipment with better load-carrying capacity and training to drivers by manufacturing entities are likely to present huge growth opportunities for the market.
Emerging economies such as China, India, and South Africa are witnessing sustainable growth due to the development of cost-competitive products to maximise penetration. Product development with advanced diagnosis systems is the key strategy adopted by developing regions for the market growth.
Some of the key players in the market include VFS Southampton Ltd, Thompsons (UK) Ltd., Schmitz Cargobull AG, North West Tippers Ltd., Marrel, Ingimex Ltd., Hyva Global B.V, Gorski Engineering (Pty) Ltd, Fruehauf Ltd, F.X. MEILLER Fahrzeug- u. Maschinenfabrik- GmbH & Co KG, Crysteel Manufacturing Inc., Cantoni & C S.p.A. and BION INDUSTRIAL LLC.
Load Carrying Capacities Covered:
30 Tons and above
Below 15 Tons
Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/347745
Frame Materials Covered:
Tipping Types Covered:
Three-way Tipper Body
Roll-off Tipper Body
Rear Tipper Body
End Users Covered:
Other End Users
Rest of Europe
Rest of Asia Pacific
Rest of the World
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