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(CityRegions.Com, August 12, 2017 ) 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.
Browse the report: http://www.orbisresearch.com/reports/index/tipper-body-equipment-global-market-outlook-2017-2023
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
15-30 Tons
Below 15 Tons
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Frame Materials Covered:
Aluminium
Steel
Tipping Types Covered:
Three-way Tipper Body
Roll-off Tipper Body
Rear Tipper Body
End Users Covered:
Waste Management
Mining
Marine Services
Construction
Other End Users
Mechanisms Covered:
Hydraulic
Pneumatic
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
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Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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