Waste or Garbage Collection Vehicle Report: Trends, Forecast and Competitive Analysis

Waste or Garbage Collection Vehicle Market Trends and Forecast

The future of the global waste or garbage collection vehicle market looks promising with opportunities in the light duty vehicle, medium duty vehicle and heavy duty vehicle markets. The global waste or garbage collection vehicle market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028. The major drivers for this market are increasing amount of waste globally, rising concerns regarding public health, and growing government's initiatives to educate people about waste management and recycling.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global waste or garbage collection vehicle market report, please download the report brochure.

Waste or Garbage Collection Vehicle Market by Segment

The study includes a forecast for the global waste or garbage collection vehicle market by loader type, vehicle type, technology, application, and region, as follows:

Waste or Garbage Collection Vehicle Market by Loader Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Front Loader
• Rear Loader
• Automated Side Loader
• Others

Waste or Garbage Collection Vehicle Market by Vehicle Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Light Duty Vehicle
• Medium Duty Vehicle
• Heavy Duty Vehicle

Waste or Garbage Collection Vehicle Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:

• Manual
• Semi-automatic

Waste or Garbage Collection Vehicle Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

• Residential
• Non-Residential

Waste or Garbage Collection Vehicle Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Waste or Garbage Collection Vehicle Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies waste or garbage collection vehicle companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the waste or garbage collection vehicle companies profiled in this report include.

• Zoomlion Heavy Industry Science & Technology.
• Dongfeng Motor
• Heil - An Environmental Solutions Group
• PAK-MOR
• Daimler
• The Autocar Company
• EZ-Pack Refuse Hauling Solutions
• Bridgeport Manufacturing
• Geesinknorba
• McNeilus Truck & Manufacturing

Waste or Garbage Collection Vehicle Market Insights

• Lucintel forecasts that rear loaders will remain the largest segment over the forecast period due to its teardrop-shaped form, it is considered as an excellent option for crowded metropolitan locations. It also reduces the probability of work injuries and crashes.
• Within this market, medium duty vehicle is expected to remain the largest segment over the forecast period as these trucks are used in various applications, such as pickup, delivery, small dumps, and lighter garbage truck application. .
• APAC will remain the largest region due to increase in investment in waste management so as to improve municipal waste in countries like China, India, and Singapore.

Features of the Waste or Garbage Collection Vehicle Market

• Market Size Estimates: Waste or garbage collection vehicle market size estimation in terms of value ($B)
• Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Waste or garbage collection vehicle market size by various segments, such as by loader type, vehicle type, technology, application, and region in terms of value ($B)
• Regional Analysis: Waste or garbage collection vehicle market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different by loader type, vehicle type, technology, application, and regions for the waste or garbage collection vehicle market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the waste or garbage collection vehicle market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the waste or garbage collection vehicle market size?

Answer: The global waste or garbage collection vehicle market is expected to reach an estimated $xx billion by 2028.

Q2. What is the growth forecast for waste or garbage collection vehicle market?

Answer: The global waste or garbage collection vehicle market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the waste or garbage collection vehicle market?

Answer: The major drivers for this market are increasing amount of waste globally, rising concerns regarding public health, and growing government's initiatives to educate people about waste management and recycling.

Q4. What are the major segments for waste or garbage collection vehicle market?

Answer: The future of the global waste or garbage collection vehicle market looks promising with opportunities in the light duty vehicle, medium duty vehicle and heavy duty vehicle markets.

Q5. Who are the key waste or garbage collection vehicle companies?

Answer: Some of the key waste or garbage collection vehicle companies are as follows:

• Zoomlion Heavy Industry Science & Technology
• Dongfeng Motor
• Heil - An Environmental Solutions Group
• PAK-MOR
• Daimler
• The Autocar Company
• EZ-Pack Refuse Hauling Solutions
• Bridgeport Manufacturing
• Geesinknorba
• McNeilus Truck & Manufacturing

Q6. Which waste or garbage collection vehicle segment will be the largest in future?

Answer: Lucintel forecasts that rear loaders will remain the largest segment over the forecast period due to its teardrop-shaped form, it is considered as an excellent option for crowded metropolitan locations. It also reduces the probability of work injuries and crashes.

Q7. In waste or garbage collection vehicle market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to increase in investment in waste management so as to improve municipal waste in countries like China, India, and Singapore.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the waste or garbage collection vehicle market by loader type (front loader, rear loader, automated side loader, and others), vehicle type (light duty vehicle, medium duty vehicle, and heavy duty vehicle), technology (manual and semi-automatic), application (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?