Market Overview:
The global waste or garbage collection vehicle market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for autonomous and manual vehicles across the globe. On the basis of type, the global waste or garbage collection vehicle market has been segmented into autonomous and manual vehicles. Autonomous vehicles are expected to account for a larger share of the market during the forecast period owing to their ability to reduce labour costs and improve safety. On the basis of application, passenger vehicles are expected to account for a larger share of the global waste or garbage collection vehicle market during 2018-2030 owing to their growing popularity among consumers as well as commercial establishments.
Product Definition:
A waste or garbage collection vehicle is a truck or van that collects refuse from homes and businesses to haul away for disposal. These vehicles are an important part of keeping our communities clean and free of trash.
Autonomous:
Autonomous vehicles are self-driven, autonomous robots or vehicles. They can be used for waste collection and other applications such as firefighting and delivery of goods. The major factor driving the growth of this market is increasing demand for fuel efficient cars that reduce the operating costs by reducing driver distraction due to manual driving.
Manual:
The manual is a tool which contains information about the vehicle and its service life along with technical specifications. It helps in easy identification of parts and their functions during maintenance or repair work. The manual also provides information regarding lubrication, testing, diagnosis, disassembly/reassembly procedures for the vehicle components along with working hours estimates of each component.
Application Insights:
The commercial vehicle segment dominated the global waste or garbage collection vehicle market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing demand from developing countries, such as China and India, which are rapidly expanding their cities and industrial sectors at a domestic level.
Passenger vehicles accounted for a significant share in the global waste or garbage collection vehicle market owing to rising disposable income among consumers across various regions including North America and Europe. Moreover, governments across developed nations have made it mandatory for households to recycle their used cooking oil (UCO) at source by mixing it with soil instead of disposing them into landfills; this is expected to increase UCO recycling rates which will eventually boost product demand in passenger vehicles segment over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing investments in automated garbage collection systems and technological advancements. For instance, according to a blog by Robotic Industries Association (RIA), North America generated around 1.5 million tons of waste in 2016 and more than half was collected by autonomous vehicles or human-driven trucks with automation assistance features.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due primarilyto rising disposable income levels coupled with growing population especially in China and India which are amongthe top 10 contributors of global greenhouse gas emissions thus making it crucial for countries such as China.
Growth Factors:
- Increasing population and consequent increase in waste generation
- Stringent government regulations for waste management
- Rising awareness about environment protection
- Technological advancements in garbage collection vehicles
- Growing demand from the construction and demolition industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Waste or Garbage Collection Vehicle Market Research Report
By Type
Autonomous, Manual
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
AB Volvo, American Axle and Manufacturing, Inc., BorgWarner Inc, Continental AG, Dana Incorporated, GKN Plc, Haldex, Honda Motor Company Ltd., JTEKT Corporation, Magna International Inc., Nissan Motor Co., Ltd., Tesla, Inc, Valeo SA, ZF Friedrichshafen AG
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Waste or Garbage Collection Vehicle Market Report Segments:
The global Waste or Garbage Collection Vehicle market is segmented on the basis of:
Types
Autonomous, Manual
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
Passenger Vehicle, Commercial Vehicle
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:
- AB Volvo
- American Axle and Manufacturing, Inc.
- BorgWarner Inc
- Continental AG
- Dana Incorporated
- GKN Plc
- Haldex
- Honda Motor Company Ltd.
- JTEKT Corporation
- Magna International Inc.
- Nissan Motor Co., Ltd.
- Tesla, Inc
- Valeo SA
- ZF Friedrichshafen AG
Highlights of The Waste or Garbage Collection Vehicle 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:
- Autonomous
- Manual
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Waste or Garbage Collection Vehicle 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 waste or garbage collection vehicle is a large truck that collects trash and recyclable materials from homes and businesses.
Some of the major companies in the waste or garbage collection vehicle market are AB Volvo, American Axle and Manufacturing, Inc., BorgWarner Inc, Continental AG, Dana Incorporated, GKN Plc, Haldex, Honda Motor Company Ltd., JTEKT Corporation, Magna International Inc., Nissan Motor Co., Ltd., Tesla, Inc, Valeo SA, ZF Friedrichshafen AG.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waste or Garbage Collection Vehicle 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 Waste or Garbage Collection Vehicle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waste or Garbage Collection Vehicle 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 Waste or Garbage Collection Vehicle 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 Waste or Garbage Collection Vehicle Market Size & Forecast, 2020-2028
4.5.1 Waste or Garbage Collection Vehicle Market Size and Y-o-Y Growth
4.5.2 Waste or Garbage Collection Vehicle Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Autonomous
5.2.2 Manual
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waste or Garbage Collection Vehicle 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 Waste or Garbage Collection Vehicle 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Autonomous
9.6.2 Manual
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Autonomous
10.6.2 Manual
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Autonomous
11.6.2 Manual
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Autonomous
12.6.2 Manual
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Autonomous
13.6.2 Manual
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Waste or Garbage Collection Vehicle Market: Competitive Dashboard
14.2 Global Waste or Garbage Collection Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AB Volvo
14.3.2 American Axle and Manufacturing, Inc.
14.3.3 BorgWarner Inc
14.3.4 Continental AG
14.3.5 Dana Incorporated
14.3.6 GKN Plc
14.3.7 Haldex
14.3.8 Honda Motor Company Ltd.
14.3.9 JTEKT Corporation
14.3.10 Magna International Inc.
14.3.11 Nissan Motor Co., Ltd.
14.3.12 Tesla, Inc
14.3.13 Valeo SA
14.3.14 ZF Friedrichshafen AG
