Market Overview:
The Global Garbage Compactor Truck Market is expected to grow at a CAGR of XX% and reach a market size of USD XX million by 2030. The market is segmented by type, application and region. On the basis of type, the market is segmented into front loaders, rear loaders and side loaders. Front loaders are expected to dominate the global garbage compactor truck market with a share of more than 50%. They are used in residential as well as commercial applications. Rear loaders are used mainly in commercial applications where there is high demand for compacting garbage at one time. Side loader trucks find application in industrial regions where there is need for segregation of waste at source. On the basis on application, the global garbage compactor truck market can be divided into three segments- residential region, commercial region and industrial region. Residential regions account for majority share in terms of volume followed by commercial and industrial regions respectively. In terms on value however, commercial regions hold majority share followed by residential then industrial regions respectively . This can be attributed to increasing number if construction projects across globe which leads to generationof large amountof waste that needs to be disposed off properly . Asia Pacific holds maximum potential for growth due its growing populationand rising disposable income levels coupled with rapid urbanization rates .
Product Definition:
A garbage compactor truck is a vehicle specifically designed to compact the garbage it collects. This is done in order to save space in the truck and make transportation of the garbage easier. Garbage compactors are also used to reduce the amount of waste that goes into landfills.
Front Loaders:
The global front loaders, it's usage and growth factor in garbage compressor truck market size was valued at USD 7.5 billion in 2016. The industry is expected to witness a significant boost over the forecast period owing to increasing urbanization and industrialization across emerging economies such as India, China, Brazil and South Africa among others. In addition, technological advancements coupled with rising demand for compact & lightweight vehicles are anticipated to propel the industry growth over the next eight years.
Rear Loaders:
Rear loaders are used to carry heavy loads in garbage trucks. They are built for carrying more weight and have a higher capacity than front loaders. The main difference between the two is that rear loader has its engine at the rear of the vehicle while a front loader has its engine at the front of the vehicle.
The market size for rear loaders was estimated to be USD 9,34 billion in 2016.
Application Insights:
The commercial region accounted for the largest share of more than 50.0% in 2017. The application of garbage compactor trucks is widely prevalent in the commercial sector, including hotels, restaurants and cafes, hospitals and clinics, educational institutions such as schools and colleges among others. In addition to this, the residential segment is expected to witness significant growth over the forecast period owing to increasing disposable income levels coupled with a growing population will drive demand for these products across all regions.
Industrial region poised to be fastest-growing market at an estimated CAGR of XX% from 2018 to 2030 owing to rapid industrialization along with urbanization leading into increased production activities are anticipated fuel product demand over the forecast period in all major regions globally thereby contributing towards a sustainable future by recycling or disposing off waste materials into inert forms as much possible without generating additional waste materials that require further treatment or disposal at present day landfills which depletes natural resources such as energy, water.
Regional Analysis:
Asia Pacific region dominated the global market in 2017. The region is projected to continue its dominance over the forecast period. This can be attributed to increasing construction activities and growing population in countries, such as China and India. In addition, rising disposable income levels are expected to drive demand for consumer electronics, which will further propel product sales in Asia Pacific region.
The European market is anticipated to witness significant growth over the forecast period owing to stringent government regulations regarding waste management coupled with rising awareness about environment conservation among consumers of this region.
Growth Factors:
- Increasing demand for garbage compactor truck from municipal and commercial sectors for waste management
- Rising concerns over environmental pollution and the need to manage waste responsibly
- Growing popularity of garbage compactor trucks among small-scale operators due to their low operating costs
- Technological advancements that have led to the development of more efficient and compact garbage compactor trucks
- Government initiatives and regulations encouraging the use of garbage compactor trucks in waste management
Scope Of The Report
Report Attributes
Report Details
Report Title
Garbage Compactor Truck Market Research Report
By Type
Front Loaders, Rear Loaders, Side Loaders
By Application
Residential Region, Commercial Region, Industrial Region
By Companies
Bucher (Johnston), ZOOMLION, Elgin, FULONGMA, Hako, FAYAT GROUP, Aebi Schmidt, Exprolink, Alamo Group, FAUN, Bucher (Johnston), Tennant, Global Sweeper, AEROSUN, Dulevo, Boschung, Alfred Kärcher, KATO, Henan Senyuan, Hubei Chengli
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Garbage Compactor Truck Market Report Segments:
The global Garbage Compactor Truck market is segmented on the basis of:
Types
Front Loaders, Rear Loaders, Side Loaders
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Region, Commercial Region, Industrial Region
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bucher (Johnston)
- ZOOMLION
- Elgin
- FULONGMA
- Hako
- FAYAT GROUP
- Aebi Schmidt
- Exprolink
- Alamo Group
- FAUN
- Bucher (Johnston)
- Tennant
- Global Sweeper
- AEROSUN
- Dulevo
- Boschung
- Alfred Kärcher
- KATO
- Henan Senyuan
- Hubei Chengli
Highlights of The Garbage Compactor Truck Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Front Loaders
- Rear Loaders
- Side Loaders
- By Application:
- Residential Region
- Commercial Region
- Industrial Region
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Garbage Compactor Truck Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A garbage compactor truck is a large vehicle that collects and compacts waste materials.
Some of the major companies in the garbage compactor truck market are Bucher (Johnston), ZOOMLION, Elgin, FULONGMA, Hako, FAYAT GROUP, Aebi Schmidt, Exprolink, Alamo Group, FAUN, Bucher (Johnston), Tennant, Global Sweeper, AEROSUN, Dulevo, Boschung, Alfred K¤rcher, KATO, Henan Senyuan, Hubei Chengli.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Garbage Compactor Truck Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Garbage Compactor Truck Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Garbage Compactor Truck Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Garbage Compactor Truck Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Garbage Compactor Truck Market Size & Forecast, 2018-2028 4.5.1 Garbage Compactor Truck Market Size and Y-o-Y Growth 4.5.2 Garbage Compactor Truck Market Absolute $ Opportunity
Chapter 5 Global Garbage Compactor Truck Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Garbage Compactor Truck Market Size Forecast by Type
5.2.1 Front Loaders
5.2.2 Rear Loaders
5.2.3 Side Loaders
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Garbage Compactor Truck Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Garbage Compactor Truck Market Size Forecast by Applications
6.2.1 Residential Region
6.2.2 Commercial Region
6.2.3 Industrial Region
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Garbage Compactor Truck Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Garbage Compactor Truck Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Garbage Compactor Truck Analysis and Forecast
9.1 Introduction
9.2 North America Garbage Compactor Truck Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Garbage Compactor Truck Market Size Forecast by Type
9.6.1 Front Loaders
9.6.2 Rear Loaders
9.6.3 Side Loaders
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Garbage Compactor Truck Market Size Forecast by Applications
9.10.1 Residential Region
9.10.2 Commercial Region
9.10.3 Industrial Region
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Garbage Compactor Truck Analysis and Forecast
10.1 Introduction
10.2 Europe Garbage Compactor Truck Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Garbage Compactor Truck Market Size Forecast by Type
10.6.1 Front Loaders
10.6.2 Rear Loaders
10.6.3 Side Loaders
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Garbage Compactor Truck Market Size Forecast by Applications
10.10.1 Residential Region
10.10.2 Commercial Region
10.10.3 Industrial Region
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Garbage Compactor Truck Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Garbage Compactor Truck Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Garbage Compactor Truck Market Size Forecast by Type
11.6.1 Front Loaders
11.6.2 Rear Loaders
11.6.3 Side Loaders
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Garbage Compactor Truck Market Size Forecast by Applications
11.10.1 Residential Region
11.10.2 Commercial Region
11.10.3 Industrial Region
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Garbage Compactor Truck Analysis and Forecast
12.1 Introduction
12.2 Latin America Garbage Compactor Truck Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Garbage Compactor Truck Market Size Forecast by Type
12.6.1 Front Loaders
12.6.2 Rear Loaders
12.6.3 Side Loaders
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Garbage Compactor Truck Market Size Forecast by Applications
12.10.1 Residential Region
12.10.2 Commercial Region
12.10.3 Industrial Region
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Garbage Compactor Truck Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Garbage Compactor Truck Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Garbage Compactor Truck Market Size Forecast by Type
13.6.1 Front Loaders
13.6.2 Rear Loaders
13.6.3 Side Loaders
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Garbage Compactor Truck Market Size Forecast by Applications
13.10.1 Residential Region
13.10.2 Commercial Region
13.10.3 Industrial Region
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Garbage Compactor Truck Market: Competitive Dashboard
14.2 Global Garbage Compactor Truck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bucher (Johnston)
14.3.2 ZOOMLION
14.3.3 Elgin
14.3.4 FULONGMA
14.3.5 Hako
14.3.6 FAYAT GROUP
14.3.7 Aebi Schmidt
14.3.8 Exprolink
14.3.9 Alamo Group
14.3.10 FAUN
14.3.11 Bucher (Johnston)
14.3.12 Tennant
14.3.13 Global Sweeper
14.3.14 AEROSUN
14.3.15 Dulevo
14.3.16 Boschung
14.3.17 Alfred Kärcher
14.3.18 KATO
14.3.19 Henan Senyuan
14.3.20 Hubei Chengli