Overview:

The global car dumpers market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. The car dumpers are also known as wagon tippler. It is an advanced machinery used to empty the loaded railroad cars or wagons. The wagon tippler holds the wagon and rotate it for unloading the content. It is very easy to follow system for faster unloading process.

Market Dynamics:

Rise in demand for coal especially from countries such as China and India have been observed over the years. Growing population, urbanization, and the growing demand for electricity are expected to drive car dumpers demand in the near future. In addition, rising demand for coal has been led by increased export and import of coal especially from Asian countries. For instance, Japan, India, and China were among the top coal importers in 2019 accounting for over 48% of the overall coal imports. This is another key factor driving growth of the target market. Moreover, increasing investment in new coal powered plants is another factor boosting the demand for car dumpers. For instance, according to Carbon Brief over 100 GW of coal power plant are expected to be deployed in China over the forecast period. India is expected to plan over 10 GW coal powered plants during the forecast period.

Key Development:

Rising contracts and partnerships by major players is a key trend observed in the global car dumpers market. For instance, in March 2020, Schade Lagertechnik GmbH deployed wagon tippler at Baltic Port of Ust-Luga, around 100 km west of St. Petersburg in Russia. The wagon tippler will be deployed at the outdoor stockyard of the ports new iron ore terminal.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific accounted for highest share in terms of revenue and is expected to maintain its dominance over the forecast period. Growing industrial development and increasing automation in transportation system among steel, construction, and mining sector is expected to propel growth of the car dumpers market in Asia Pacific region.

Scope of the Report:

Detailed Segmentation:

Global Car Dumpers Market, By Type:

• Rotary O-type Dumper
• Rotary C-type Dumper
• Side/ Turnover

Global Car Dumpers Market, By Application:

• Construction
• Coal Sector
• Iron Ore Sector
• Others

Key Players Covered:

Key players operating in the global car dumpers market includes, ThyssenKrupp AG, Heyl & Patterson Inc., Metso Corp., Schade Lagertechnik GmbH, Richmond Engineering Works, Larsen & Toubro Limited, Tenova S.p.A., Frigate Teknologies, TRF Ltd., and Elecon Engineering Company Ltd.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Car Dumpers Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global car dumpers market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.