Mining Truck - Global and China Top Players Market Share and Ranking 2025- YH Research

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Mining Truck - Global and China Top Players Market Share and Ranking 2025

Publication Date: 2025-08-25
Report Id: 1806990
Industry: Automobile & Transportation
Report Page: 118
Chart: 119

PDF Download

Publication Date: 2025-08-25
Report Id: 1806990
Industry: Automobile & Transportation
Report Page: 118
Chart: 119

PDF Download

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Table of Contents
Description
Table of Figures
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1 Market Overview
1.1 Mining Truck Definition
1.2 Global Mining Truck Market Size and Forecast
1.2.1 By Consumption Value, Global Mining Truck Market Size, 2020-2031
1.2.2 By Sales Quantity, Global Mining Truck Market Size, 2020-2031
1.2.3 Global Mining Truck Average Selling Price (ASP), 2020-2031
1.3 China Mining Truck Market Size and Forecast
1.3.1 By Consumption Value, China Mining Truck Market Size, 2020-2031
1.3.2 By Sales Quantity, China Mining Truck Market Size, 2020-2031
1.3.3 China Mining Truck Average Selling Price (ASP), 2020-2031
1.4 Share of China Mining Truck Market with Respect to the Global Market
1.4.1 By Consumption Value, China Mining Truck Market Share in Global, 2020-2031
1.4.2 By Sales Quantity, China Mining Truck Market Share in Global, 2020-2031
1.4.3 Mining Truck Market Size: China VS Global, 2020-2031
1.5 Mining Truck Market Dynamics
1.5.1 Mining Truck Market Drivers
1.5.2 Mining Truck Market Restraints
1.5.3 Mining Truck Industry Trends
1.5.4 Mining Truck Industry Policy

2 Global Leading Manufacturers and Market Share
2.1 By Revenue of Mining Truck, Global Market Share by Company, 2020-2025
2.2 By Sales Quantity of Mining Truck, Global Market Share by Company, 2020-2025
2.3 Mining Truck Average Selling Price (ASP) by Company, 2020-2025
2.4 Global Mining Truck Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global Mining Truck Concentration Ratio
2.6 Global Mining Truck Mergers & Acquisitions, Expansion Plans
2.7 Global Mining Truck Manufacturers Product Type
2.8 Head Office and Mining Truck Production Site of Key Manufacturer
2.9 Mining Truck Capacity of Major Manufacturers and Future Plan

3 China Leading Manufacturers and Market Share
3.1 By Revenue of Mining Truck, China Market Share by Company, 2020-2025
3.2 By Sales Quantity of Mining Truck, China Market Share by Company, 2020-2025
3.3 China Mining Truck Mining Truck Participants, Market Position (Tier 1, Tier 2, and Tier 3)

4 Global Producing Regions
4.1 Global Mining Truck Capacity, Output and Capacity Utilization, 2020-2031
4.2 Global Mining Truck Capacity by Region
4.3 Global Mining Truck Production & Forecast by Region, 2020 VS 2024 VS 2031
4.4 Global Mining Truck Production by Region, 2020-2031
4.5 Global Mining Truck Production Market Share & Forecast by Region, 2020-2031

5 Industry Chain Analysis
5.1 Mining Truck Industry Chain
5.2 Mining Truck Upstream Analysis
5.2.1 Mining Truck Core Raw Materials
5.2.2 Main Manufacturers of Mining Truck Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Mining Truck Production Mode
5.6 Mining Truck Procurement Model
5.7 Mining Truck Industry Sales Model and Sales Channels
5.7.1 Mining Truck Sales Model
5.7.2 Mining Truck Typical Distributors

6 Sights by Product Type
6.1 Mining Truck Classification
6.1.1 Less than 100 MT
6.1.2 100-200 MT
6.1.3 Higher than 200 MT
6.2 by Type, Global Mining Truck Consumption Value & CAGR, 2020 VS 2024 VS 2031
6.3 by Type, Global Mining Truck Consumption Value, 2020-2031
6.4 by Type, Global Mining Truck Sales Quantity, 2020-2031
6.5 by Type, Global Mining Truck Average Selling Price (ASP), 2020-2031

7 Sights by Application
7.1 Mining Truck Segment by Application
7.1.1 Open-Pit Mining
7.1.2 Underground Mining
7.2 by Application, Global Mining Truck Consumption Value & CAGR, 2020 VS 2024 VS 2031
7.3 by Application, Global Mining Truck Consumption Value, 2020-2031
7.4 by Application, Global Mining Truck Sales Quantity, 2020-2031
7.5 by Application, Global Mining Truck Price, 2020-2031

8 Sales Sights by Region
8.1 By Region, Global Mining Truck Consumption Value, 2020 VS 2024 VS 2031
8.2 By Region, Global Mining Truck Consumption Value, 2020-2031
8.3 By Region, Global Mining Truck Sales Quantity, 2020-2031
8.4 North America
8.4.1 North America Mining Truck Market Size & Forecasts, 2020-2031
8.4.2 By Country, North America Mining Truck Market Size Market Share
8.5 Europe
8.5.1 Europe Mining Truck Market Size & Forecasts, 2020-2031
8.5.2 By Country, Europe Mining Truck Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Mining Truck Market Size & Forecasts, 2020-2031
8.6.2 By Country/Region, Asia Pacific Mining Truck Market Size Market Share
8.7 South America
8.7.1 South America Mining Truck Market Size & Forecasts, 2020-2031
8.7.2 By Country, South America Mining Truck Market Size Market Share
8.8 Middle East & Africa

9 Sales Sights by Country Level
9.1 By Country, Global Mining Truck Market Size & CAGR, 2020 VS 2024 VS 2031
9.2 By Country, Global Mining Truck Consumption Value, 2020-2031
9.3 By Country, Global Mining Truck Sales Quantity, 2020-2031
9.4 United States
9.4.1 United States Mining Truck Market Size, 2020-2031
9.4.2 by Type, United States Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.4.3 by Application, United States Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.5 Europe
9.5.1 Europe Mining Truck Market Size, 2020-2031
9.5.2 by Type, Europe Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.5.3 by Application, Europe Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.6 China
9.6.1 China Mining Truck Market Size, 2020-2031
9.6.2 by Type, China Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.6.3 by Application, China Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.7 Japan
9.7.1 Japan Mining Truck Market Size, 2020-2031
9.7.2 by Type, Japan Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.7.3 by Application, Japan Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.8 South Korea
9.8.1 South Korea Mining Truck Market Size, 2020-2031
9.8.2 by Type, South Korea Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.8.3 by Application, South Korea Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.9 Southeast Asia
9.9.1 Southeast Asia Mining Truck Market Size, 2020-2031
9.9.2 by Type, Southeast Asia Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.9.3 by Application, Southeast Asia Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.10 India
9.10.1 India Mining Truck Market Size, 2020-2031
9.10.2 by Type, India Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.10.3 by Application, India Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.11 Middle East & Africa
9.11.1 Middle East & Africa Mining Truck Market Size, 2020-2031
9.11.2 by Type, Middle East & Africa Mining Truck Sales Quantity Market Share, 2024 VS 2031
9.11.3 by Application, Middle East & Africa Mining Truck Sales Quantity Market Share, 2024 VS 2031

10 Manufacturers Profile
10.1 Caterpillar
10.1.1 Caterpillar Company Information, Head Office, Market Area, and Industry Position
10.1.2 Caterpillar Mining Truck Models, Specifications, and Application
10.1.3 Caterpillar Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.1.4 Caterpillar Company Profile and Main Business
10.1.5 Caterpillar Recent Developments
10.2 Belaz
10.2.1 Belaz Company Information, Head Office, Market Area, and Industry Position
10.2.2 Belaz Mining Truck Models, Specifications, and Application
10.2.3 Belaz Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.2.4 Belaz Company Profile and Main Business
10.2.5 Belaz Recent Developments
10.3 Liebherr
10.3.1 Liebherr Company Information, Head Office, Market Area, and Industry Position
10.3.2 Liebherr Mining Truck Models, Specifications, and Application
10.3.3 Liebherr Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.3.4 Liebherr Company Profile and Main Business
10.3.5 Liebherr Recent Developments
10.4 Komatsu
10.4.1 Komatsu Company Information, Head Office, Market Area, and Industry Position
10.4.2 Komatsu Mining Truck Models, Specifications, and Application
10.4.3 Komatsu Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.4.4 Komatsu Company Profile and Main Business
10.4.5 Komatsu Recent Developments
10.5 Hitachi Construction Machinery
10.5.1 Hitachi Construction Machinery Company Information, Head Office, Market Area, and Industry Position
10.5.2 Hitachi Construction Machinery Mining Truck Models, Specifications, and Application
10.5.3 Hitachi Construction Machinery Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.5.4 Hitachi Construction Machinery Company Profile and Main Business
10.5.5 Hitachi Construction Machinery Recent Developments
10.6 Volvo
10.6.1 Volvo Company Information, Head Office, Market Area, and Industry Position
10.6.2 Volvo Mining Truck Models, Specifications, and Application
10.6.3 Volvo Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.6.4 Volvo Company Profile and Main Business
10.6.5 Volvo Recent Developments
10.7 XCMG Machinery
10.7.1 XCMG Machinery Company Information, Head Office, Market Area, and Industry Position
10.7.2 XCMG Machinery Mining Truck Models, Specifications, and Application
10.7.3 XCMG Machinery Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.7.4 XCMG Machinery Company Profile and Main Business
10.7.5 XCMG Machinery Recent Developments
10.8 Sinotruk
10.8.1 Sinotruk Company Information, Head Office, Market Area, and Industry Position
10.8.2 Sinotruk Mining Truck Models, Specifications, and Application
10.8.3 Sinotruk Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.8.4 Sinotruk Company Profile and Main Business
10.8.5 Sinotruk Recent Developments
10.9 SANY
10.9.1 SANY Company Information, Head Office, Market Area, and Industry Position
10.9.2 SANY Mining Truck Models, Specifications, and Application
10.9.3 SANY Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.9.4 SANY Company Profile and Main Business
10.9.5 SANY Recent Developments
10.10 Inner Mongolia North Hauler Joint Stock Co.,Ltd.
10.10.1 Inner Mongolia North Hauler Joint Stock Co.,Ltd. Company Information, Head Office, Market Area, and Industry Position
10.10.2 Inner Mongolia North Hauler Joint Stock Co.,Ltd. Mining Truck Models, Specifications, and Application
10.10.3 Inner Mongolia North Hauler Joint Stock Co.,Ltd. Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.10.4 Inner Mongolia North Hauler Joint Stock Co.,Ltd. Company Profile and Main Business
10.10.5 Inner Mongolia North Hauler Joint Stock Co.,Ltd. Recent Developments
10.11 Xiangtan Electric Manufacturing Group Co.,Ltd.
10.11.1 Xiangtan Electric Manufacturing Group Co.,Ltd. Company Information, Head Office, Market Area, and Industry Position
10.11.2 Xiangtan Electric Manufacturing Group Co.,Ltd. Mining Truck Models, Specifications, and Application
10.11.3 Xiangtan Electric Manufacturing Group Co.,Ltd. Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.11.4 Xiangtan Electric Manufacturing Group Co.,Ltd. Company Profile and Main Business
10.11.5 Xiangtan Electric Manufacturing Group Co.,Ltd. Recent Developments
10.12 Epiroc
10.12.1 Epiroc Company Information, Head Office, Market Area, and Industry Position
10.12.2 Epiroc Mining Truck Models, Specifications, and Application
10.12.3 Epiroc Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.12.4 Epiroc Company Profile and Main Business
10.12.5 Epiroc Recent Developments
10.13 Liugong Machinery
10.13.1 Liugong Machinery Company Information, Head Office, Market Area, and Industry Position
10.13.2 Liugong Machinery Mining Truck Models, Specifications, and Application
10.13.3 Liugong Machinery Mining Truck Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.13.4 Liugong Machinery Company Profile and Main Business
10.13.5 Liugong Machinery Recent Developments

11 Conclusion

12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer

According to YH Research, the global market for Mining Truck should grow from US$ 5882 million in 2024 to US$ 7138 million by 2031, with a CAGR of 2.8% for the period of 2025-2031.

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Mining Truck

According to YH Research, the global market for Mining Truck should grow from US$ 5882 million in 2024 to US$ 7138 million by 2031, with a CAGR of 2.8% for the period of 2025-2031.

Unit: US$ M

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In-depth insight into market trends

Mining truck is a specialized heavy-duty vehicle used to transport materials like ore, coal, and waste in mining operations. These trucks are designed for both open-pit and underground environments. Open-pit mining typically uses large rigid trucks for hauling heavy loads over long distances, while underground mining relies on smaller articulated trucks that can maneuver in tight tunnels. Mining trucks are built to endure harsh working conditions and are equipped with powerful engines, durable structures, and advanced control systems. Power sources include diesel, diesel-electric, and battery-electric systems, depending on the application and sustainability goals.

The global mining truck market is experiencing gradual transformation, driven by evolving industry needs, environmental regulations, and technological advancements. Traditional diesel-powered trucks still dominate the field, but there is growing adoption of hybrid and electric drive systems as mining companies strive to reduce carbon footprints and improve energy efficiency. Automation and digitalization are reshaping operational models, with autonomous haulage systems being tested or deployed in major mining regions. These systems aim to increase productivity while minimizing human error and operating costs. Furthermore, as deeper and more remote mines are developed, the demand for durable and adaptable trucks increases. Manufacturers are focusing on optimizing load capacity, fuel efficiency, and maintenance intervals, while also responding to regional needs and regulatory differences. Emerging markets in Asia, Latin America, and Africa are contributing to global demand, driven by the expansion of mining projects and infrastructure investments.

This report studies and analyses global Mining Truck status and future trends, helps the client to determine the Mining Truck market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Mining Truck, and provides market size (in Units & US$ million) and Year-over-Year growth, considering 2024 as the base year.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

To assess the competitive environment within the market including supplier revenue, market share, and company profiles.

Highlights
(1) Global Mining Truck market size, history data 2020-2025, and forecast data 2026-2031, (US$ million) & (Units)
(2) Global Mining Truck sales, revenue, price by company, market share and industry ranking 2020-2025, (US$ million) & (Units)
(3) China Mining Truck sales, revenue, price by company, market share and industry ranking 2020-2025, (US$ million) & (Units)
(4) Global Mining Truck key consuming regions, consumption quantity, consumption value and demand structure
(5) Global Mining Truck key producing regions, capacity, production, and year over year growth
(6) Mining Truck industry chains, upstream, midstream and downstream
Market segment by players, this report covers
Caterpillar
Belaz
Liebherr
Komatsu
Hitachi Construction Machinery
Volvo
XCMG Machinery
Sinotruk
SANY
Inner Mongolia North Hauler Joint Stock Co.,Ltd.
Xiangtan Electric Manufacturing Group Co.,Ltd.
Epiroc
Liugong Machinery

Market segment by Type, covers
Less than 100 MT
100-200 MT
Higher than 200 MT

Market segment by Application, can be divided into
Open-Pit Mining
Underground Mining

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe Mining Truck product scope, global sales quantity, value and average price, China sales quantity, value and average price, development opportunities, challenges, trends, and policies.
Chapter 2: Global Mining Truck market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2025
Chapter 3: China Mining Truck market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2025
Chapter 4: Global key producing regions of Mining Truck, percent & CAGR, 2020-2031
Chapter 5: Mining Truck industry chain, upstream, medium-stream, and downstream.
Chapter 6: Segment by Type, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 7: Segment by Application, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 8: Segment in regional level, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 9: Segment in country level, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 10: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, sales quantity, average price, revenue, gross margin.