Global Waste Or Garbage Collection Vehicle Market Overview
Waste or garbage collection vehicle market accounted for USD 12.28 Billion in 2020 and is estimated to be USD 18.71 Billion by 2030 and is anticipated to register a CAGR of 4.3%.
A waste or garbage collection vehicle is used to collect and clean garbage from societies, localities, streets, and roads. These vehicles are particularly manufactured to collect municipal waste and deposit the waste at the waste or recycling treatment/management plant. These vehicles have sections to collect waste, and the section are located either in front or at the back of the vehicle. Different loading mechanisms are used to load waste onto the vehicles by such as front loading and top loading. According to the need of the service, the size of the vehicles collecting waste varies.
Global Waste Or Garbage Collection Vehicle Market Drivers & Restraints
Continuous product innovation in garbage collection trucks
Growing concerns regarding effective procedures for waste management, innovations in garbage collection trucks are also rising the demand for waste disposal and recycling. Thus, key players are focused on the adoption of various technologies in order to expand the productivity and efficiency of their products. Manufacturers are also concentrating on introducing several technological advances in garbage collection trucks, such as increasing the degree of automation, rising efficiency through reduction of downtime and noise. Further, manufacturers are working on to introduce new features such as real-time monitoring and several new equipment additions for collection of waste from segregation and streets. This is projected to drive the garbage collection trucks market. Urbanization is driving to the development of the construction industry. Cement, sand, or bricks required for construction of houses has resulted to grow in mining activity as well. Garbage trucks carry sand, demolition waste, gravel, etc., from a construction or mining site to waste management sites. Growth of the construction and mining industries is mainly to fuel the global garbage truck market in the coming years. As per World Health Organization, about 12.6 million deaths results due to environment problems. Growing population and rising municipal solid waste generation are the factors boosting growth for the unhealthy environment. Moreover, governments are spending considerable amounts to allow efficient working of solid waste management plants and wastewater treatment.
However, high initial cost and maintenance charges of garbage trucks coupled with stringent environmental regulations in order to curb air pollution limits the utilization of diesel-operated vehicles, such as garbage trucks.
Global Waste Or Garbage Collection Vehicle Market Segmentations & Regional Insights
Waste or garbage collection vehicle market is segmented based on type, technology, application, fuel, and region.
On the basis of type, the waste or garbage collection vehicle market is segmented into front loaders, rear loader, ASL (Automated Side Loaders), pneumatic collection, and grapple trucks. On the basis of technology, the target market is classified into manual and semi-automatic. On the basis of application, the target market is classified into industrial garbage, municipal garbage, and others. On the basis of fuel, the target market is classified into natural gas and electric.
Regional Insights:
On region the Waste or garbage collection vehicle market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. On region the waste or garbage collection vehicle market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe is accounting foe highest share of the waste or garbage collection vehicle market. The China waste collection trucks market is projected to be an opportunistic market in terms of sales. Rising investments in waste management, growing number of key market players, constant innovations, and increased productivity, will positively impact the waste or garbage collection vehicle market.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Type - Front Loaders, Rear Loader, ASL (Automated Side Loaders), Pneumatic Collection, and Grapple Trucks
By Technology- Manual and Semi-Automatic
By Application- Industrial Garbage, Municipal Garbage, and Others
By Fuel- Natural Gas and Electric
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the waste or garbage collection vehicle market report based on type, technology, application, fuel, and region.
Waste or Garbage Collection Vehicle Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Waste Or Garbage Collection Vehicle Market Competitive Landscape & Key Players
The key players operating the waste or garbage collection vehicle market includes Mack, Autocar Trucks, Environmental Solutions Group., McNeilus Truck & Manufacturing, Inc., Daimler AG, Husmann Umwelt-Technik GmbH, Xiagong Chusheng (Hubei) Special-Purpose Vehicle Co., LTD, Terberg Matec UK Ltd., Legras Industries, Nantong Mingnuo Electric Technology Co.,ltd, and Curbtender Sweepers, LLC.
Global Waste Or Garbage Collection Vehicle Market Company Profile
- Mack
- Autocar Trucks
- Environmental Solutions Group.
- McNeilus Truck & Manufacturing, Inc.
- Daimler AG
- Husmann Umwelt-Technik GmbH
- Xiagong Chusheng (Hubei) Special-Purpose Vehicle Co., LTD
- Terberg Matec UK Ltd.
- Legras Industries, Nantong Mingnuo Electric Technology Co.,Ltd.
- Curbtender Sweepers, LLC.
Global Waste Or Garbage Collection Vehicle Market Highlights
FAQs
The global waste or garbage collection vehicle market is segmented based on type, technology, application, fuel, and region.
Continuous product innovation in garbage collection trucks is the major factor driving growth of the global market
North America and Europe is accounting foe highest share of the global waste or garbage collection vehicle market.
The key players operating the global waste or garbage collection vehicle market includes Mack, Autocar Trucks, Environmental Solutions Group., McNeilus Truck & Manufacturing, Inc., Daimler AG, Husmann Umwelt-Technik GmbH, Xiagong Chusheng (Hubei) Special-Purpose Vehicle Co., LTD, Terberg Matec UK Ltd., Legras Industries, Nantong Mingnuo Electric Technology Co.,ltd, and Curbtender Sweepers, LLC.