Tipper Body Equipment Market Growth and Segments,2016-2026
Future Market Insights has announced the addition of the “Tipper Body Equipment Market: Global Industry Analysis and Opportunity Assessment 2016-2026” report to their offering.
Future Market Insights has announced the addition of the “Tipper Body Equipment Market: Global Industry Analysis and Opportunity Assessment 2016-2026” report to their offering.
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Global <strong>Tipper</strong> <strong>Body</strong><br />
<strong>Equipment</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
<strong>2016</strong><br />
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Report Description<br />
Truck <strong>Tipper</strong> Bodies are used as a medium of logistics for loading <strong>and</strong> dumping of the<br />
process material commonly used in construction, mining <strong>and</strong> waste management<br />
domains. The <strong>Tipper</strong> <strong>Body</strong> <strong>Equipment</strong> mainly comprises of cylinder, tipper frame <strong>and</strong><br />
tipper body frame. The dimension of tipper frame <strong>and</strong> tipper body frame depends on the<br />
dimension of vehicle chassis. It primarily caters the heavy commercial vehicles <strong>and</strong> light<br />
commercial vehicle by providing solutions to transport the material in large capacities<br />
over long distances <strong>and</strong> locations where direct human intervention is not desired. <strong>Tipper</strong><br />
body equipment has been a better substitute for the conventional tractor trailers for<br />
their inadequate operation at inaccessible terrains. The manufacturers of tipper body<br />
equipment offer the service of installing the equipment directly to the new vehicle. The<br />
equipment is also available in the form of self-assembly kit in the aftermarket sector for<br />
the existing vehicles as well.<br />
<strong>Tipper</strong> <strong>Body</strong> <strong>Equipment</strong> <strong>Market</strong>- <strong>Market</strong> Segmentation:<br />
<strong>Tipper</strong> body equipment market can be segmented on the basis of tipping type, load<br />
capacity type, cylinder type, tipper body frame, chassis type <strong>and</strong> end use type. On the<br />
basis of tipping type, tipper body equipment market can be further segmented into<br />
three-way tipper body, rear tipper body <strong>and</strong> roll-off tipper body. The load capacity type<br />
can be segmented into general purpose, light purpose, heavy purpose tipper body<br />
equipment <strong>and</strong> extra heavy purpose. On the basis of cylinder type, it can be segmented<br />
into hydraulic cylinder <strong>and</strong> pneumatic cylinder. On the basis of body type frame, the<br />
equipment can be classified into steel tipper body frame <strong>and</strong> aluminum tipper body<br />
frame.
Report Description<br />
The chassis type can be segmented into 6X4 (4 wheel drive vehicle), 6X6 (6 wheel drive<br />
vehicle), 8X4 (4 wheel drive vehicle), 8X6 (6 wheel drive vehicle) <strong>and</strong> 8X8 (8 wheel drive<br />
vehicle). On the basis of end use, the tipper body equipment can be segmented into<br />
construction, mining <strong>and</strong> waste management for heavy commercial vehicles as well as<br />
agriculture & horticulture for light commercial vehicles.<br />
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<strong>Tipper</strong> <strong>Body</strong> <strong>Equipment</strong> <strong>Market</strong>- <strong>Market</strong> Dynamics:<br />
Increasing urbanization, mining <strong>and</strong> ongoing infrastructural development in developed as<br />
well as developing nations is primarily driving the growth of the tipper body equipment<br />
market. Increasing environmental issues <strong>and</strong> stringent government regulations regarding<br />
the waste management system has been another factor that is driving the growth of the<br />
tipper body equipment market. The rise in the prices of oil is a restraining factor. The<br />
construction sector holds the largest share in the end use of the tipper body equipment<br />
market. As the global economic growth rate is little modest, with the GDP of Europe <strong>and</strong><br />
Latin America not growing at a required rate will affect the growth of construction <strong>and</strong><br />
mining sector thereby lowering the growth of tipper body equipment market. On the<br />
other h<strong>and</strong> Asia-Pacific <strong>and</strong> North-American market is expected to have higher growth<br />
rate for the same due to increased scope of business in construction & mining sectors.
Report Description<br />
<strong>Tipper</strong> <strong>Body</strong> <strong>Equipment</strong> <strong>Market</strong>- Regional Outlook:<br />
Geographically, the tipper body equipment market can be segmented into North<br />
America, Latin America, Western Europe, Eastern Europe, APEJ (Asia Pacific excluding<br />
Japan), Japan, Middle East <strong>and</strong> Africa. The top manufacturer of tipper body equipment<br />
such as Ingimex Ltd <strong>and</strong> VFS Southampton are based in Europe where the dem<strong>and</strong> in the<br />
tipper body equipment market is expected to grow due to significant growth of the<br />
European construction industry. The dem<strong>and</strong> for the equipment is also increasing due to<br />
the BRICS economies such as India & Russia. Chinese market will greatly benefit from<br />
mining industry due to increased scope of bauxite <strong>and</strong> iron ore extraction.<br />
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<strong>Tipper</strong> <strong>Body</strong> <strong>Equipment</strong> <strong>Market</strong>- Major Players:<br />
Some of the major players identified in the tipper body equipment market are Ingimex<br />
Ltd, VFS Southampton Ltd, Thompsons (UK) Ltd, Crysteel Manufacturing Inc,<br />
F.X.MEILLER Fahrzeug-und Maschinenfabrik-GmbH & Co, Hyva, Alutip (Pty) Ltd,<br />
Fruehauf Ltd, Gorski Engineering (Pty) Ltd <strong>and</strong> North West <strong>Tipper</strong>s Ltd. Apart from<br />
regional manufacturers
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