Australia Mining Truck Market Size, Share, Trends

The Australia mining truck market size reached USD 705.60 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 966.84 Million by 2033, exhibiting a growth rate (CAGR) of 3.20% during 2025-2033. The market is being driven by the transition to zero-emission mining fleets and the adoption of advanced lightweight materials. In addition to this, supportive initiatives by major companies like Fortescue, BHP, and Rio Tinto to incorporate electric trucks and carbon-fiber components are enhancing operational efficiency and sustainability, which is acting as another significant growth-inducing factor.