SANITATION VEHICLES MARKET ANALYSIS

Market Challenges And Opportunities

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.

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.  

Sanitation Vehicle Market Report Coverage

Report Coverage	Details
Base Year:	2019	Market Size in 2019:	US$ 3,377.5 Mn
Historical Data for:	2016 to 2019	Forecast Period:	2020 to 2027
Forecast Period 2020 to 2027 CAGR:	5.4%	2027 Value Projection:	US$ 5,144.3 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:	By Type: Garbage Collection Vehicles, Street Sanitation vehicles, Street Sweeping Vehicles , Hybrid Vehicles, and Others. By End Users: Municipal Corporations, Private Companies, Hospitals and Clinics, and Government Bodie.
Companies covered:	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
Growth Drivers:	The increasing demand for sanitation vehicles The increasing waste produced by the public and industries across the globe
Restraints & Challenges:	High operational cost