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Heavy Machinery (Large Trucks) Market to Witness Huge Growth by 2024: Leading Key Players: Foton, Shacman, JAC – Press Release | Shacman Vechile

China Factory for Shacman X3000 8×4 Van Type Cargo Truck -
 Trailer Truck – Automobile Holding

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The assembly plant that will manufacture the vehicle, under the brand "Shacman," is due to produce yearly as many as 3,000 heavy-duty trucks of international standards under the latest models, sold in both local and foreign markets.

Mazouz specified that this first ever assembly plant will create 8,000 jobs, including 1,600 direct jobs.

Global (Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East and Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru])

Factory supplied Shacman 10 Wheeler Dump Truck -<br />
 Sport Truck - Automobile Holding

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Heavy Machinery (Large Trucks) is the largest trucks allowed on the road, mostly used for long-haul purposes. Heavy Machinery (Large Trucks) constitutes an essential part of trucking industry. The trucking industry provides a vital service to the economy by transporting large quantities of goods. Heavy Machinery (Large Trucks) throughout the world is responsible for the majority of freight movement and is vital tools in the Firefighting, Construction, Forestry, Agriculture, Military industries.As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and the high production of Heavy Machinery (Large Trucks) etc. in the international market, the current demand for Heavy Machinery (Large Trucks) product is relatively high in the mature market, such as Japan, Germany, US, but the demand in China is relatively higher due to the downstream demand.Japan, Germany, US, China are major consumption regions in Heavy Machinery (Large Trucks) production market.The Heavy Machinery (Large Trucks) market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period.

Ukraine’s Kraz is likewise not as common as it once was in Russia, but the firm soldiers on with a robust range of mainly normal control construction chassis.

Factory supplied Shacman 10 Wheeler Dump Truck -<br />
 Sport Truck - Automobile Holding

Shacman has been operating units under rugged conditions in Jamaica for the China Harbour Engineering Company, and in 2017 TW purchased several trucks to test for its own purposes.

"There is no other motor vehicle brand in Jamaica for which the manufacturer has established its regional headquarters with permanent staff living here."

"This decision certainly demonstrates a level of confidence in Jamaica," John Ralston, TW’s managing director stated.

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Heavy Machinery (Large Trucks) Market to Witness Huge Growth by 2024: Leading Key Players: Foton, Shacman, JAC – Press Release | Shacman Vechile Related Video:


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