Tipper bodies are the additional attachments that are installed on the chassis of dump trucks, trailers and other light or heavy duty commercial vehicles. These tipper bodies are useful in transporting and dumping the material like soil, sand, garbage, dump, debris and other material. The tipper bodies come with a much needed feature of lifting themselves at a higher angle to allow the easy off-loading of material. This is done with the help of hydraulic or pneumatic cylinders that are installed in the tipper bodies. These tipper bodies are used in the vehicles used in industries like construction, manufacturing, waste management, etc. The growing number of construction activities and the expansion of the real estate market across the globe is expected to drive the growth for global tipper body market. Furthermore, the increasing use of tipper trucks in the urban waste management in the form of garbage trucks is increasing the demand for tipper bodies in major cities across the world. This is expected to boost the growth of tipper body market during the forecast period.
Market Dynamics
The tipper body market is characterized by the mechanical advancements that take place in the construction of the tipping mechanism. The hydraulic and pneumatic cylinders are used to provide the linear and rotary motion to the tipping body. The developments in these components helps the market players to satisfy the needs of the distinct end users. The players in the market are highly focused on developing the tipping bodies taking into consideration the varied needs of the several industries. The innovations in the tipping bodies like thermal insulation, use of different alloys and related material improves the overall quality of the tippers. The major industries that form a significant chunk of demand for the tipping body market are construction and mining. These activities are usually undertaken on large scale by the government and big corporations across the world. Hence, the policies of the government regarding expansion of these sectors also play a crucial role in the growth of the market. The private corporations on the other hand, need to ensure that they keep up with the changing market dynamics to cater to the market demand effectively.
Key features of the study:
Detailed Segmentation
Detailed Segmentation
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