Industry Background:
Road sweepers are vehicles that are used to keep roads and other hard surfaces clean and free from debris. Road sweepers either clean with brushes or with air. The sweeping machines can be used indoor or outdoor, wet or dry. There are several road sweeping machines specialized in this field such as conventional road sweepers which uses jets underneath the vehicle body to spray water onto the road surface and regenerative road sweepers which uses a hydraulic system that forces air into a swirling effect inside a contained sweeping head. A street sweeper cleans the streets, generally in an urban area.This growth is primarily driven by Increasing Demand for Maintaining Roads and Highways.
Globally, a noticeable market trend is evident Rapid Expansion of Road Networks. Major Manufacturers, such as Bucher (Johnston) (Germany), FAYAT GROUP (United Kingdom), Alamo Group, Inc. (United States), Aebi Schmidt (Switzerland), Madvac Exprolink (Canada), Hako GmbH (Germany), Alfred Kärcher (Germany), Boschung (Switzerland), Global Sweeper (United States), ZOOMLION (China) and FULONGMA (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On May 8, 2019 Bucher Municipal, a division of Bucher Industries has acquired 100% of the Chinese sewage tanker manufacturer Zynkon. Which will allow the division to access the growing Chinese market for sewage cleaning vehicles and to strengthen its presence in Asia. and Alamo Group Inc. has announced that it has completed the previously announced acquisition of Dutch Power Company B.V. (“Dutch Power”) in the Netherlands. Which will complement and enhance the platform for growth by increasing both the product portfolio and capabilities in the European market.
Market Drivers
- Increasing Demand for Maintaining Roads and Highways
Market Trend
- Rapid Expansion of Road Networks
Restraints
Opportunities
Developing Road Infrastructure and Increasing Tourism
Challenges
High Labor Cost
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