Roll-off tipper truck also referred as tipper body or dumpster truck are very much popular, in which the tipper body is loaded and unloaded with the help of rolling wheels. These trucks are typically used to literally roll the dumpsters on and off. Generally, tipper trucks carry bulk materials such as gravel, grain, sand, and even potatoes. They are laden from overhead hoppers and at the destination, the truck is tipped to unload the goods. A typical tipper truck is equipped with an open-box bed, which attached at rear and equipped with hydraulic rams to lift the box. Moreover, rear tippers are bodies installed on the tipper trucks, wherein they are lifted either with pneumatics or hydraulics to unload the material in it.   

The Global Tipper Body Market is estimated to account for US$ 3,727.1 Mn in terms of value and 72.3 thousand units in terms of volume by the end of 2019

Market Dynamics- Drivers

  1. Rampant growth of construction industry coupled with rapid urbanization is expected to drive growth of the global tipper body market during the forecast period

Tipper body are installed on a dumpster truck or tipper where they find extensive applications in the construction industry. These trucks are employed to perform tasks such as loading, lifting, and transportation of goods. Rapid growth of construction industry in the recent past coupled with rampant urbanization is expected to propel the global tipper body market over the forecast period. For instance, the global construction industry was valued at US$ 8.0 trillion in 2012, and is expected to reach US$ 15 trillion by 2025. Furthermore, rapid urbanization in the recent past is expected to boost the demand for tipper body and construction trucks.

  1. Development of novel technology and automation is expected to boost the construction activities

Growing technology and automation has enhanced the quality of dumper trucks and tipping body equipment. This, in turn, has led to increasing demand for such advanced equipment to perform heavy-duty work at construction sites. Key players in the market are focused on developing strong and robust equipment with lasting chassis, in order to survive daunting working conditions and extreme loads. Moreover, advancement in material science technology has led to utilization of various alloys of aluminum and steel, which has made tipper body sturdier than ever. Thus, advancement in technology and automation are expected to fuel the market growth in the near future.

Asia pacific region dominated the global tipper body market in 2019, accounting for 32.2% share in terms of volume, followed by North America and Latin America, respective

Tipper Body  | Coherent Market Insights

Source: Coherent Market Insights Analysis, 2019

Market Dynamics- Restraints

  1. High initial and maintenance cost associated with tipper bodies are expected to restrain growth of the global tipper body market over the forecast period

Initial cost as well as maintenance cost of tipping equipment is significantly high, which as influenced outright purchase of these equipment. Industry experts and leading rental companies recommend that it is more economical to rent a dumping vehicle if the use of an equipment is not two-thirds of its average life. Moreover, the maintenance cost for these dumpster and tipper vehicles is extremely high whereas maintenance must be done at regular intervals. This, in turn, is expected hinder the demand for tipper body and thereby restrain the market growth in the near future.

  1. Lack of skilled personnel for accurate dumping and tipping operations and absence of proper manufacturing standards to avoid road accidents are expected to hamper the global tipper body market growth in the near future

Lack of trained professionals can directly affect the safety at worksite leading to accidents and injuries. Some specific machines require high trained professionals, in order to execute the work properly. Moreover, dumpster truck is built such as that they can withstand off-road or construction site conditions. However, the main disadvantage it has that in a collision with standard passenger car, the entire section goes under the truck where passenger and the car could get severely injured. Thus, these factors are expected restrain the market growth in the near future.

Market Opportunities

  1. High growth of construction, waste management, and mining industries is expected to pose significant growth opportunities for market players in the near future

Tipper trucks are extensively used in various industries including waste management, construction, mining, etc. They more productive and efficient as compared to other transportation vehicles, hence, are preferred more for various pick and drop operations. Furthermore, the global mining industry is expected witness significant growth in the near future, owing to increasing need for natural minerals and resources. Waste management, too, is a major industry, which is expected exhibit significant CAGR over the forecast period, owing to growing awareness regarding healthcare. According to United Nations Environment Programme Organization (UNEP), around 2 billion ton of municipal solid waste and 7-10 billion ton of urban waste is generated every year.

  1. Product innovation in the global tipper body market is expected to offer lucrative growth opportunities for market players

Buyers in developed regions such as Europe and North America are looking for advanced equipment with efficient performance and automation. Constant R&D activities in this market has improved the consumer response and has created significant growth opportunities in the market.

Tipper Body  | Coherent Market Insights

Source: Coherent Market Insights Analysis, 2019

Market Trends

  1. Constant research and development activities to innovate novel products is a major trend in the market

Key players in the market are involved in research and development activities, in order to innovate novel products. Introduction of advanced technologies has led to increase in demand for tipper body and vehicles and thereby driving the market growth. For instance, Komatsu’s latest design, the new 27-foot-wide and 49-foot-long giant, powered with 2700 HP engine is Innovative Autonomous Haulage Vehicle (IAHV).

  1. Development of cost-competitive products to enhance the market penetration is another key trend in the market

Key players in the market are focused on developing cost-competitive products, in order to increase their penetration in emerging economies such as India, South Africa, and China. Development of efficient tipper with enhance load capacity is expected to drive the market growth in the near future. 

Global tipper body market, by mechanism type segment, hydraulic sub-segment was valued at US$3235.2 Mn in 2019 and is expected to grow at a CAGR of 4.3 % between 2019 and 2027

Tipper Body  | Coherent Market Insights

Source: Coherent Market Insights Analysis, 2019

Competitive Section

Key players operating in the global tipper body market are Schmitz Cargobull AG, Crysteel Manufacturing Inc., Thompsons (UK) Ltd., Ingimex Ltd., VFS (Southampton) Ltd, and Cantoni & C S.p.A.

Key Developments

  1. In June 2019, Schmitz Cargobull announced that they have entered into partnership with PEMA GmbH which is a vehicle leasing company in Europe to build Schmitz Cargobull entire product spectrum, ranging from state-of-the-art refrigerated semi-trailers to universal curtainsiders and tipper trailers for agricultural harvesting.
  2. In July 2017, Scania CV India Pvt. Ltd which is into manufacturing of commercial vehicles and engine announced that they have launched a new P 440 8X4 20.2 Cu.m U-BODY tipper. This new design of tipper will help to increase the productivity of mining tippers and improve the total operating economy.

Tipper bodies are assemblies installed to the chassis of dump trucks or tipper trucks which are used to carry and dump materials such as sand, soil, grid, stones etc. Tipper bodies are majorly installed in heavy commercial vehicles and light commercial vehicles to dump the heavy load. Tipper body is operated using hydraulic cylinder or pneumatic cylinder and comprises of cylinder, tipper body frame, and tipper frame. Furthermore, growing demand of heavy duty vehicles is expected to boost the demand for tipper body market, moreover it also provide better alternative to traditional tractor trailers, which has increased its demand in the recent years. 

Market Dynamics

Growing construction activities across the globe is expected to drive the demand for heavy duty vehicles as these truck are majorly used on construction sites for loading, lifting, and transportation of goods. Furthermore, growing demand of heavy and light duty trucks for construction and mining activities globally, will help to boost the demand of tipper body market during the forecasted period (2019 - 2027). For instance, according to Organisation Internationale des Constructeurs d'Automobiles (OICA) data in 2018 6, 51,111 heavy duty trucks were manufactured in North America which is around 18.8 % more than the heavy duty trucks manufactured in 2017. Furthermore, tipper body truck are also used for managing the waste material produced in factories which are to be dumped regularly owing to which the demand for tipper body trucks is expected to grow during the forecasted period. For instance, According to United Nations Environment programme Organization (UNEP), around 2 billion ton of municipal solid waste and 7-10 billion ton of urban waste is generated every year.

Market Taxonomy

This report segments the global tipper body market on the basis of tipper type, roll – off tipper body, 3 – way tipper body, rear tipper body. On the basis of load carrying capacity, the global tipper body market is segmented into, below 15 Tons, 15 – 30 Tons and 30 Tons & above. On the basis of mechanism, the market is segmented into hydraulic and pneumatic. On the basis of frame material, the market is segmented into aluminum, and steel. On the basis of end-use industry the market is segmented into mining, construction, waste management, marine services and others.

Key features of the study:

  • This report provides an in-depth analysis of the Global tipper body market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global tipper body market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key players operating in the global tipper body equipment market are Schmitz Cargobull AG, Crysteel Manufacturing Inc., Thompsons (UK) Ltd., Ingimex Ltd., VFS (Southampton) Ltd, and Cantoni & C S.p.A..
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global tipper body market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global tipper body market

Detailed Segmentation:

  •  Global Tipper Body Market, By tipper body:
    • Roll – Off Tipper Body
    • 3 – Way Tipper Body
    • Rear Tipper Body
  • Global Tipper Body Market, By load carrying capacity:
    • Below 15 Tons
    • 15 – 30 Tons
    • 30 Tons & Above
  •  Global Tipper Body Market, By Mechanism:
    • Hydraulic
    • pneumatic
  • Global Tipper Body Market, By Frame Material
    • Steel
    • Aluminum
  • Global Tipper Body Market, By End-use Industry
    • Mining
    • Construction
    • Waste Management
    • Marine Services
    • Others
  • Company Profiles
    • Schmitz Cargobull AG*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Crysteel Manufacturing Inc
    • Thompsons (UK) Ltd
    • Ingimex Ltd
    • VFS Parts and Aftersales
    • Cantoni & C S.p.A
    • Bion Group
    • Marrel SAS
    • Hyva Global

*Browse all the market data tables and figures on "Global tipper body Market - Forecast to 2027”