Global Garbage Truck Bodies Market

Garbage Truck Bodies Market Size, Share, Growth Analysis, By Type(Front Loaders, Rear Loaders, Side Loaders), By Application(Urban Garbage Treatment, Building Mining Industry, Others), By Region - Industry Forecast 2024-2031


Report ID: SQSG20V2001 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Garbage Truck Bodies Market Dynamics

Garbage Truck Bodies Market Driver

  • Various waste management companies with sizable garbage truck fleets are exploring modernizing their fleets using a connection to manage and monitor their vehicles conveniently from remote places this is the major factor that is driving the market.
  • Garbage collection vehicles are essential for industrial and residential applications' hygienic needs, as well as for recycling procedures. Garbage collection truck manufacturers are looking to increase the carrying capacity of solid waste in these trucks in response to the growing concerns about fuel efficiency, this can drive the market.

Garbage Truck Bodies Market Restraint

  • In lower-Middle and Low-Income countries the municipal solid waste collection rates are very low. Like, the solid waste collection rate in high-income countries is almost 100% but in lower-income countries it is almost 50%. Thus, these factors will hinder the growth of the market.
  • Garbage trucks are off-road vehicles and require more power to operate. Therefore, garbage trucks have high initial costs and maintenance costs. These factors are restraining the global garbage truck market
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Garbage Truck Bodies Market size was valued at USD 14818.3 million in 2019 and is poised to grow from USD 16315.57 million in 2023 to USD 26110.74 million by 2031, growing at a CAGR of 7.4% in the forecast period (2024-2031).

Garbage Truck Bodies Market is relatively consolidated in nature, with a few levels of competition. A few of the key players operating in the garbage trucks market are: Cummins Inc., Liebherr, EZ-Pack, ETF HOLDING B.V. they are consistently launching new products and applying new strategies to stay remain in the market. 'Heil Environmental Industries Ltd.', 'McNeilus Companies Inc.', 'Labrie Environmental Group', 'EZ Pack Holding Ltd.', 'Curbtender Inc.', 'Bridgeport Manufacturing Inc.', 'Kirchhoff Group Canada', 'New Way Trucks', 'Fujian Longma Environmental Sanitation Equipment Co. Ltd.', 'Haul-All Equipment Systems', 'Galbreath Inc.', 'Pak-Mor Ltd.', 'Dempster Industries Inc.', 'Dennis Eagle Ltd.', 'Translift Pty. Ltd.', 'Truck Tech Engineers Pvt. Ltd.', 'Oshkosh Corporation', 'Volvo Group', 'Scania AB', 'Daimler AG'

Various waste management companies with sizable garbage truck fleets are exploring modernizing their fleets using a connection to manage and monitor their vehicles conveniently from remote places this is the major factor that is driving the market.

To cut emissions, many sanitation agencies and waste management companies test or purchase electric garbage truck bodies. Since electric garbage trucks are quieter, noise pollution is also decreased. For instance, in 2019, the California-based garbage management company GreenWaste added a first-generation electric waste truck from BYD to their fleet. Utilizing this truck annually saves 78 metric tonnes of CO2 equivalent and approximately 6,000 gallons of diesel.

Asia Pacific region held the largest market share during the forecast period and is expected to show higher CAGR in coming years. This is mainly due to the increasing consumer awareness and rising solid waste management practices. Also, Additionally, the exponential rise in the manufacturing of municipal solid trash in nations like China and India has led them to support educational initiatives, put in place incentive schemes, create legal frameworks, and enhance garbage management tactics. Due to these characteristics, this area will have the highest worldwide market share and the highest demand for garbage truck bodywork.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Garbage Truck Bodies Market

Report ID: SQSG20V2001

$5,300
BUY NOW GET FREE SAMPLE