Global Garbage Truck Market Insights, Forecast to 2023
This report presents the worldwide Garbage Truck market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2023), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Garbage truck or dustbin lorry refers to a truck specially designed to collect small quantities of waste and haul the collected waste to a solid waste treatment facility. Other common names for this type of truck include trash truck and dump truck in the United States, and rubbish truck, bin wagon, dustcart, dustbin lorry, bin lorry and bin motor elsewhere. Technical names include waste collection vehicle and refuse collection vehicle. These trucks are a common sight in most urban areas.
Environmental regulations have become quite stringent owing to the increasing pollution levels globally. Automobile manufacturers have a tough time meeting these regulations. Diesel based garbage collection trucks are also known to be fuel inefficient, which is why the adoption of alternatives such as CNG-based and electric vehicles is quite high in the region. This factor is expected to support the future growth of garbage collection trucks in Europe. Apart from having a large industrial base, the residential segment has also been witnessing stable growth. Waste generation per capita is also expected to surge, which is anticipated to augment the growth of garbage collection trucks in Europe over the forecast period.
The Garbage Truck market was valued at 2236.93 Million US$ in 2017 and is projected to reach 3080.86 Million US$ by 2023, at a CAGR of 5.48% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2023 as the forecast period to estimate the market size for Garbage Truck.
The following manufacturers are covered in this report:
Bridgeport Truck Manufacturing, Inc
Fujian Longma sanitation
Garbage Truck Breakdown Data by Type
Garbage Truck Breakdown Data by Application
Urban Garbage Treatment
Building and Mining industry
Garbage Truck Production by Region
Garbage Truck Consumption by Region
Rest of Europe
Rest of South America
Middle East & Africa
The study objectives are:
To analyze and research the global Garbage Truck status and future forecast£¬involving, production, revenue, consumption, historical and forecast.
To present the key Garbage Truck manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Garbage Truck:
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2023
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Garbage Truck market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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