Over three years’ tipper segment attains setback due to the delay in policy reforms and mining bans. Currently, the continued demand for tippers has enthused manufacturers who believe the orders are not for replacement market but new demand caters more tipper requirement.The tipper segment is expected to grow on the back of an improving economy, with increasing construction, infrastructure, irrigation and mining activities.
The report provides a clear and comprehensive review of the Indian medium- and heavy-duty tipper manufacturing segment including the tipper body builders associated with them. The report is segmented by weight, number of axles and method of manufacture to provide a clear picture of the contemporary tipper market.
The report also highlights the emerging regulations, innovations in the products/ offerings, the impact on thecompetitiveness of the OEM’s in the marketplace.
The macro and micro trends that influence the tipper market are summarized and the report provides forecasts by OEM and by weight segment for the next five years. It also provides a brief about the investment opportunities and upcoming projects in India.