Articulated Haulers

Global Articulated Haulers Market to Reach US$15.6 Billion by 2030

The global market for Articulated Haulers estimated at US$11.2 Billion in the year 2024, is expected to reach US$15.6 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2024-2030. Rigid Articulated Hauler, one of the segments analyzed in the report, is expected to record a 6.7% CAGR and reach US$9.6 Billion by the end of the analysis period. Growth in the Flexible Articulated Hauler segment is estimated at 4.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.1 Billion While China is Forecast to Grow at 9.1% CAGR

The Articulated Haulers market in the U.S. is estimated at US$3.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 5.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Articulated Haulers Market – Key Trends & Drivers Summarized

How Are Articulated Haulers Revolutionizing Heavy-Duty Transport?
Articulated haulers are essential in heavy-duty industries like construction, mining, and agriculture, offering unmatched versatility and efficiency for transporting large loads over challenging terrains. These vehicles’ articulated joint design provides superior maneuverability, even in confined spaces or rugged environments. With infrastructure development projects on the rise globally, particularly in emerging economies, the demand for articulated haulers has surged. These machines are favored for their ability to handle high payloads, minimize fuel consumption, and improve operator safety, making them indispensable in modern industrial operations.

What Role Does Technology Play in Enhancing Performance?
Technological advancements have significantly enhanced the performance and reliability of articulated haulers. The integration of telematics systems allows operators to monitor vehicle performance in real-time, optimizing fuel efficiency and reducing maintenance costs. Autonomous and semi-autonomous features, such as GPS navigation and obstacle detection, are being incorporated to improve productivity and safety. Additionally, hybrid and electric-powered articulated haulers are emerging as sustainable alternatives to traditional diesel-powered models, aligning with global efforts to reduce carbon emissions.

Why Is Demand Rising Across Diverse Sectors?
The adoption of articulated haulers extends beyond traditional sectors like construction and mining, reaching industries such as forestry and waste management. In forestry, these vehicles are used to transport logs over uneven terrain, while in waste management, they efficiently handle large volumes of debris. The versatility of articulated haulers, combined with their ability to adapt to sector-specific requirements through customizable features, ensures steady demand across a wide range of applications. This adaptability positions them as a valuable asset in both niche and mainstream markets.

What Drives the Growth of the Articulated Haulers Market?
The growth in the articulated haulers market is driven by the expanding construction and mining industries, fueled by infrastructure projects and resource extraction activities worldwide. Consumer demand for durable and fuel-efficient vehicles has accelerated innovation in powertrains and materials. The adoption of smart technologies and automation further enhances operational efficiency, making these haulers indispensable for modern industrial applications. Rising environmental awareness has also led to the development of low-emission models, catering to regulatory standards and consumer preferences for sustainability. Moreover, government investments in infrastructure renewal and energy projects ensure robust market growth.

SCOPE OF STUDY:

The report analyzes the Articulated Haulers market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Rigid Articulated Hauler, Flexible Articulated Hauler); Vertical (Construction Vertical, Mining Vertical, Forestry Vertical, Agriculture Vertical, Waste Management Vertical, Other Verticals)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 39 Featured) -

• AB Volvo (Volvo Construction Equipment)
• Bell Trucks America, Inc.
• Caterpillar Inc.
• Dezzi Equipment SA
• Epiroc Sweden AB
• HD Hyundai Construction Equipment Co.,Ltd.
• Hitachi Construction Machinery Co., Ltd.
• Hydrema Group
• John Deere
• Komatsu Ltd.
• Liebherr-International Deutschland GmbH
• Rokbak
• Sandvik AB
• Sany Group Co., Ltd.
• Xuzhou Construction Machinery Group Co. Ltd. (XCMG)

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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