What is Industrial Vacuum Trucks Market?
The industrial vacuum truck is that type of truck which has a tank and a pump. A guzzler industrial vacuum truck is also known as an industrial vacuum. Industrial vacuum loaders are used for industrial cleaning in steel mills, oil refineries, foundries, chemical, cement plants, and power plants. It is used for transport of the liquid material by road to another location. It is designed to use vacuum technology to sludge and load liquids through suction lines. In the case of fully loaded, the weight of the vacuum truck is approximately 28,000 pounds. The wide application of vacuum truck and the increasing demand for labor-efficient vehicles are some of the major drivers which are propelling the growth of the market
The market study is being classified by Type (Sewage Suction Trucks, Tractor Trucks, Dump Trucks and Others), by Application (Excavation, Municipal and Others) and major geographies with country level break-up.
Federal Signal Corporation (United States), The Keuffel and Esser Co., (United States), Vac-Con, Inc. (United States), KOKS Group bv (Netherlands), Sewer Equipment (United States), GapVax (United States), Cappellotto Spa (Italy), Vacall Industries (United States), Keith Huber (United States) and Rivard (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hi-Vac (United States), Aerosun (China), Super Products (United States) and AFI Corporation (Japan).
Research Analyst at AMA predicts that North America Vendors will contribute to the maximum growth of Global Industrial Vacuum Trucks market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Industrial Vacuum Trucks market by Type, Application and Region.
On the basis of geography, the market of Industrial Vacuum Trucks 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The rising demand for labor-efficient vehicles
- Increasing Collaboration among Rental Fleet Owners and Vacuum Truck Manufacturers
Restraints
- Government Regulation regarding the safe operation of the vacuum truck
Opportunities
- Rising demand from emerging economics such as India, China and Others
Challenges
- Limitation of Downstream Market Regarding Vacuum Truck
Market Leaders and some development strategies
On December 2015, the Federal Signal Corporation (United States) Company has acquired WesTech Engineering, Inc. (United States) which is a manufacturer of high-quality and rugged vacuum trucks.
On January 2016, the Federal Signal Corporation (United States) company had announced that transaction to purchase Westech Vac Systems, Ltd. (Canada) which manufacturer of high-quality, rugged vacuum trucks.
Key Target Audience
Vacuum truck manufacture, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others