About Dump Garbage Truck
A dump garbage truck is a truck specially designed to collect municipal waste and transport it to a solid waste treatment facility, such as transfer location of landfill. The rapidly growing municipal & industrial wastes worldwide are the key drivers fueling the growth of the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The competitive landscape of the Dump Garbage Truck Market is a crucial focus of our analysis. We have conducted an exhaustive examination of key market players, both established and emerging, to provide insights into their strategies, strengths, and weaknesses. Our research aims to equip stakeholders with valuable intelligence for informed decision-making. Analyst at AMA Research estimates that Chinese and German Vendors will contribute the maximum growth to Global Dump Garbage Truck market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bucher (Johnston) (Germany), ZOOMLION (China), Elgin Truck and Van Centre Limited (Scotland), FULONGMA (China), FAYAT GROUP (Italy), Aebi Schmidt Holding AG (Germany), Exprolink (Canada), Alamo Group (United States), Alke (Italy), TYMCO (United States), Tennant (United States) and Global Sweeper (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are AEROSUN (China), Dulevo (Italy), Boschung (Switzerland), Alfred Kärcher (Germany), KATO (United States), Henan Senyuan (China) and Hubei Chengli (China).
Segmentation Overview
AMA Research has segmented the market of Global Dump Garbage Truck market by Type (Front Loader, Side Loader, Rear Loader and Roll Off Trucks), Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of Dump Garbage Truck has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Size, the sub-segment i.e. Small will boost the Dump Garbage Truck market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Electric will boost the Dump Garbage Truck market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Electric Powered Trucks are Gaining Traction
Market Growth Drivers:
The Rapidly Growing Municipal Wastes Worldwide, The Increasing Government Initiatives towards Wastes Recycling and Rapid Urbanization is Likely to Increase the Demand for Dump Garbage Trucks
Challenges:
Waste Management Challenges
Restraints:
A High Cost of the Truck May Hamper the Growth of the Market
Opportunities:
The High Demand is emerging from Developing Countries
Market Leaders and their expansionary development strategies
In July 2023, Waste Connections acquires EJ Krause & Sons finalized its acquisition of EJ Krause & Sons, a prominent player in the Northeast dump truck market. This expands Waste Connections' footprint and strengthens their position in the region.
In October 2023, Scania launched its new P-series hybrid garbage truck, combining a diesel engine with an electric motor for improved fuel efficiency and reduced emissions.
Key Target Audience
Dump Garbage Truck Manufacturers, Dump Garbage Truck Sub Component Manufacturers, Dump Garbage Truck Distributors, Dump Garbage Truck Importer/Exporter, Downstream Vendors, Regulatory & Government Bodies, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.