Ultra Class Mining Truck Market to Reach USD 12.8 Billion by 2032 at 6.7% CAGR
The Ultra Class Mining Truck Market was valued at USD 7.2 billion in 2023 and is projected to reach USD 12.8 billion by 2032, expanding at a CAGR of 6.7% from 2024 to 2032. In 2022, the market stood at USD 6.8 billion, reflecting a 5.9% year-over-year (YoY) increase in 2023. Global mining output exceeded 19.5 billion metric tons in 2023, driving demand for high-capacity haul trucks above...
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