SANITATION VEHICLES MARKET ANALYSIS

Sanitation vehicles are used to collect both solid and liquid waste from the streets and it is also used to sweep or wash the streets. There are different types of sanitation vehicles such as garbage collection vehicles, street washing vehicles, and street sweeping vehicles. The sanitation vehicles are widely used in the industries such as construction, healthcare, and chemical industries. Waste management gained importance in the recent years due to rapid industrialization and increasing population.

The global sanitation vehicle market is expected to witness significant growth during the forecast period (2020–2027). The growth of the sanitation vehicle market is majorly attributed to disposal of wastes generated by various hospitals and clinics. Hospital wastes include used syringes, needles, used swabs, plasters, and bandages. The hospital wastes contain infection materials that needs to be taken care of immediately. Specially designed sanitation vehicles are required to collect hospital wastes.

The major factor restraining growth of the global sanitation vehicle market is high operational cost of sanitation vehicles. These heavy sanitation vehicles have low average due to its heavy weight. Manufactures across the globe are focusing on reducing the weight of sanitation vehicles.

Sanitation Vehicle Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 pandemic is expected to drive growth of the market during the forecast period. This is owing to increasing demand for sanitation vehicles during the COVID-19 pandemic. COVID-19 is a very infectious disease, which spreads directly or indirectly. It can spread directly when an individual patient comes in direct contact with COVID-19 patients. The COVID-19 droplets survive on the surfaces for many days. Owing to these factors, the demand for sanitation vehicles to spray disinfectants on the streets and public areas is increasing. For instance, in February 2020, the Government of China dispatched wide number of sanitation vehicles to spray disinfectants in the Wuhan region.  

North America is expected to hold dominant position in the global sanitation vehicle market during the forecast period

Statistics:

North America held dominant position in the global sanitation vehicle market in 2019, accounting for 33.4% share in terms of value, followed by Europe and Asia Pacific.

Figure 1: Global Sanitation Vehicle Market Share (%), By Region, 2019

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North America held dominant position in the global sanitation vehicle market in 2019 and is projected to retain its dominance throughout the forecast period, owing to increasing need for sanitation vehicles in the North America region.

According to the World Bank data, the waste produced in the North America region in 2016 was 289 million tons. The amount of waste generation is expected to increase over the forecast period. As the amount of waste is increasing day by day, the need for sanitation vehicles such as garbage trucks is also expected to increasing significantly during the forecast period.

Asia Pacific region is expected to exhibit highest growth during the forecast period. This is owing to the initiatives taken by various governments. For instance, the Government of India launched ‘Swatch Bharat Abhiyan’, a country wide campaign for the period 2014 to 2019, to improve solid waste management in the rural and urban areas of India. Owing to the above mentioned factors, the sanitation vehicle market is expected to witness significant growth during the forecast period.

Major players operating in the global sanitation vehicle market include Ceec Trucks Industry, Dongfeng Motor, Cheng Li, Curbtender, Cnhtc, Zoomlion, Foton car, Fujian Longma sanitation, Dennis Eagle, Labrie Enviroquip, Faun, McNeilus Truck & Manufacturing, EZ Pack, and Bridgeport Manufacturing.

Surge in demand for dump trucks or garbage collection in the construction industry is expected to drive the market growth during the forecast period

Among end users, the municipal corporations segment is expected to hold dominant position in the global sanitation vehicle market during the forecast period. This is owing to increasing demand for sanitation vehicles by the municipal corporations across the globe. For instance, in August 2019, Dhanbad Municipal Corporation deployed five street washing trucks in Dhanbad district area to clean the streets. The demand for sanitation vehicles such as street washing and sweeping vehicles is also expected to increase during the forecast period.  

Figure 2: Global Sanitation Vehicle Market Value (US$ Mn), 2017 - 2027

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The global sanitation vehicle market was valued at US$ 3,377.5 Mn in 2019 and is expected to reach US$ 5,544.3 Mn by 2027 at a CAGR of 5.4% between 2020 and 2027.