The global dump truck and mining truck industry is estimated to reach $92.1bn by 2031 (Allied Market Research, 2023), double the 2021 value of $45.5 billion. This means that more trucks will be put into service, adding to the existing 56,000 mining trucks (90 metric tons or above) that are active at surface mines worldwide (The Parker Bay Company, 2023), posing even greater challenges for fleet management.
The uptime of a pumpjack greatly affects the oil production. As operators of oil fields, it is important to know the run status of all pumpjacks to ensure that exceptions can be found in time, maximizing the uptime of the pump jacks, optimizing operations, and increasing the productivity of the oil field.
Many types of machinery and equipment, such as loaders, excavators, dozers, dump trucks, road rollers, mixers may be used in a construction project. As owners, managers, or operators of construction companies, you may choose to either buy or rent equipment or machinery for your needs. Either way, it will be the largest capital investment. Underutilization, idling, downtime, high fuel consumption or theft will have significant impacts on your ROI, productivity, and reputation.
The global dump truck and mining truck industry is estimated to reach $92.1bn by 2031 (Allied Market Research, 2023), double the 2021 value of $45.5 billion. This means that more trucks will be put into service, adding to the existing 56,000 mining trucks (90 metric tons or above) that are active at surface mines worldwide (The Parker Bay Company, 2023), posing even greater challenges for fleet management.
The uptime of a pumpjack greatly affects the oil production. As operators of oil fields, it is important to know the run status of all pumpjacks to ensure that exceptions can be found in time, maximizing the uptime of the pump jacks, optimizing operations, and increasing the productivity of the oil field.
Many types of machinery and equipment, such as loaders, excavators, dozers, dump trucks, road rollers, mixers may be used in a construction project. As owners, managers, or operators of construction companies, you may choose to either buy or rent equipment or machinery for your needs. Either way, it will be the largest capital investment. Underutilization, idling, downtime, high fuel consumption or theft will have significant impacts on your ROI, productivity, and reputation.
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