Global load haul and dump trucks market is expected to exhibit a CAGR of 6.5% in the forecast period, according to a new market research report Global Load haul and dump trucks Market Report, By Engine Type (Diesel Engine and Electric Engine), By Mining Type (Underground Mining and Surface Mining) and by Geography.
Manufacturers in the market are focusing on innovations in load haul and dump trucks, which is expected to be a major factor for growth of the global load haul and dump trucks market. This is in order to improve productivity and to increase safety of personnel. Load haul and dump trucks are used in underground mining for loading and transporting of minerals or ore. Integration of automatic control system in load haul and dump trucks helps in controlling LHD from a distance and does not require operators at the sight. This helps in increasing productive and security. For instance, HLS Hard-Line Solutions Inc. is a Canada-based company that provides LDH remote control systems. The company’s radio remote control system permits to operate the load haul dump truck from remote location. Moreover, in 2016, the Ashele Copper Mining Plant launched remote control 2 cubic load haul dump.
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