The 1,559 units is the estimate by Power Systems Research of the number of Dumpers/Tenders to be produced in the U.S. in 2020.
This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
Market Share: With 62.5% of total units produced, Country Home Products leads in production of Dumpers/Tenders in North America. In second position is Allen Engineering with 19.5%; third, Indy Equipment with 10.5%.
Trends: Production of Dumpers/Tenders in NA increased nearly 5.5% in 2019 over 2018, but production is expected to drop 6% in 2020 from 2019. The 2019 increase was based on the strong global economy along with the demand for new products in construction and mining related activities.
The 2020 decline was caused by product saturation in the market and was somewhat related to COVID-19 shutdowns, even though consumers/contractors were still purchasing products.
Dumper/Tenders, commonly referred to as a Power Buggy, are sought after pieces of equipment, much faster than a conventional wheelbarrow and accelerates job site related activities. Expect production to increase up to 5% by 2025. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
