Market Overview:
The global watering lorries market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for multifunctional and special purpose watering lorries across different applications such as construction, fire emergency, greening and agriculture, and other applications. Additionally, the growing awareness about water conservation is also propelling the demand for watering lorries globally. In terms of type, the global watering lorries market can be segmented into multifunctional and special purpose types. The multifunctional type is expected to hold a larger share in the market owing to its ability to perform multiple tasks such as spraying water on roads or gardens; supplying drinking water; filling up swimming pools; cleaning floors or windows; etc., which makes it more versatile than special-purpose types. In terms of application, construction held a major share in 2017 and is projected to grow at a CAGR of 6% during 2018-2030 owing to increase in infrastructure development activities around the world.
Product Definition:
Watering Lorries are vehicles that transport water to areas where it is needed. This can be done for a variety of reasons, such as fighting fires, irrigating crops, or providing water to people in need. The importance of Watering Lorries cannot be overstated; they play a vital role in keeping communities and ecosystems healthy.
Multifunctional:
Multifunctional is a new term in the market and it means more than one function. It can be used for any product or service that provides more than one benefit. In this case, we are referring to products/services that help with both water supply & drainage, as well as waste removal from the site.
The key factors driving demand for multifunctional products/services in the global watering lorries market are cost-effectiveness.
Special Purpose:
Special purpose or SP is a term used for describing equipment that has been designed to meet the specific requirements of a customer. It can be used in various applications such as firefighting, waste handling, and water supply.
The global market for watering lorries is expected to grow at an estimated CAGR of XX% from 2015-2022 due to increasing infrastructure development activities across the globe.
Application Insights:
The construction application segment accounted for the largest market share of over 30% in 2017. The growth can be attributed to the rising demand for residential and commercial buildings across the globe. Moreover, governments have imposed stringent regulations on builders and developers to conserve water during construction processes. This is expected to further drive the demand for GWL in this segment over next few years.
Watering lorries are widely used by farmers and agricultural companies as well as greening & agriculture companies or institutions for irrigation purposes owing to their ability to work efficiently even on uneven surfaces, short grass, etc., thereby making them an ideal choice compared with conventional wheeled or tracked sprayers which are designed primarily for flat areas with little slope requirement such as fields where crops grow vertically downwards (i.e., towards soil).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has led to an increase in construction activities. This, in turn, is likely to drive the regional market over the forecast period.
The demand for GWLs is high across Europe owing to stringent regulations regarding moisture content of soil and crops and seeds’ viability across countries such as Germany, France, Italy etc., thereby driving their adoption across various applications. Moreover, increasing government initiatives for using water-efficient products are anticipated to further propel growth of this segment during the forecast period.
Growth Factors:
- Increasing demand for water from various industrial and commercial sectors is expected to drive the market growth for watering lorries.
- Growing population and their increasing demand for food is anticipated to boost the market growth in near future.
- Rapid urbanization coupled with rising disposable income of people is projected to fuel the demand for watering lorries in coming years.
- Proliferation of golf courses, sports complexes, and other recreational areas are likely to create new opportunities for watering lorry manufacturers and suppliers over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Watering Lorries Market Research Report
By Type
Multifunctional, Special Purpose
By Application
Construction, Fire Emergency, Greening and Agriculture, Other
By Companies
XCMG, Zoomlion, Sany, Kyokuto, Altec Industries, Volvo, Elliott Equipment, DongFeng, FAW Jiefang, FOTON, JAC, Valin Group, Shanxi Heavy Duty Automobile, Beiben, Sinotruk International, Sichuan Changjiang, Hubei Jiangnan Special Automobile, Isuzu
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Watering Lorries Market Report Segments:
The global Watering Lorries market is segmented on the basis of:
Types
Multifunctional, Special Purpose
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
Construction, Fire Emergency, Greening and Agriculture, Other
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:
- XCMG
- Zoomlion
- Sany
- Kyokuto
- Altec Industries
- Volvo
- Elliott Equipment
- DongFeng
- FAW Jiefang
- FOTON
- JAC
- Valin Group
- Shanxi Heavy Duty Automobile
- Beiben
- Sinotruk International
- Sichuan Changjiang
- Hubei Jiangnan Special Automobile
- Isuzu
Highlights of The Watering Lorries 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:
- Multifunctional
- Special Purpose
- By Application:
- Construction
- Fire Emergency
- Greening and Agriculture
- Other
- 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 Watering Lorries 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Watering lorries are used to water plants and trees.
Some of the key players operating in the watering lorries market are XCMG, Zoomlion, Sany, Kyokuto, Altec Industries, Volvo, Elliott Equipment, DongFeng, FAW Jiefang, FOTON, JAC, Valin Group, Shanxi Heavy Duty Automobile, Beiben, Sinotruk International, Sichuan Changjiang, Hubei Jiangnan Special Automobile, Isuzu.
The watering lorries market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Watering Lorries Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Watering Lorries Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Watering Lorries Market - Supply Chain
4.5. Global Watering Lorries Market Forecast
4.5.1. Watering Lorries Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Watering Lorries Market Size (000 Units) and Y-o-Y Growth
4.5.3. Watering Lorries Market Absolute $ Opportunity
5. Global Watering Lorries Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Watering Lorries Market Size and Volume Forecast by Type
5.3.1. Multifunctional
5.3.2. Special Purpose
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Watering Lorries Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Watering Lorries Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Fire Emergency
6.3.3. Greening and Agriculture
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Watering Lorries Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Watering Lorries Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Watering Lorries Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Watering Lorries Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Watering Lorries Demand Share Forecast, 2019-2026
9. North America Watering Lorries Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Watering Lorries Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Watering Lorries Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Fire Emergency
9.4.3. Greening and Agriculture
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Watering Lorries Market Size and Volume Forecast by Type
9.7.1. Multifunctional
9.7.2. Special Purpose
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Watering Lorries Demand Share Forecast, 2019-2026
10. Latin America Watering Lorries Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Watering Lorries Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Watering Lorries Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Fire Emergency
10.4.3. Greening and Agriculture
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Watering Lorries Market Size and Volume Forecast by Type
10.7.1. Multifunctional
10.7.2. Special Purpose
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Watering Lorries Demand Share Forecast, 2019-2026
11. Europe Watering Lorries Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Watering Lorries Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Watering Lorries Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Fire Emergency
11.4.3. Greening and Agriculture
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Watering Lorries Market Size and Volume Forecast by Type
11.7.1. Multifunctional
11.7.2. Special Purpose
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maket Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Watering Lorries Demand Share, 2019-2026
12. Asia Pacific Watering Lorries Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Watering Lorries Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Watering Lorries Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Fire Emergency
12.4.3. Greening and Agriculture
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Watering Lorries Market Size and Volume Forecast by Type
12.7.1. Multifunctional
12.7.2. Special Purpose
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Watering Lorries Demand Share, 2019-2026
13. Middle East & Africa Watering Lorries Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Watering Lorries Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Watering Lorries Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Fire Emergency
13.4.3. Greening and Agriculture
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Watering Lorries Market Size and Volume Forecast by Type
13.7.1. Multifunctional
13.7.2. Special Purpose
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Watering Lorries Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Watering Lorries Market: Market Share Analysis
14.2. Watering Lorries Distributors and Customers
14.3. Watering Lorries Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. XCMG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zoomlion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sany
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kyokuto
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Altec Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Volvo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Elliott Equipment
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DongFeng
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FAW Jiefang
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FOTON
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JAC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Valin Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shanxi Heavy Duty Automobile
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Beiben
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sinotruk International
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sichuan Changjiang
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hubei Jiangnan Special Automobile
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Isuzu
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
