Product Code: IRTNTR76829
Abstract
The garbage truck market is forecasted to grow by USD 4.63 bn during 2023-2028, accelerating at a CAGR of 5.26% during the forecast period. The report on the garbage truck market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing urbanization globally, growing volume of industrial waste, and stringent waste disposal regulations and government initiatives promoting environmental sustainability.
Market Scope |
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5% |
CAGR | 5.26% |
Incremental Value | $4.63bn |
Technavio's garbage truck market is segmented as below:
By Type
- Rear loader
- Front loader
- Side loader
By End-user
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increasing popularity of electric garbage trucks as one of the prime reasons driving the garbage truck market growth during the next few years. Also, integration of smart and automated technologies in garbage trucks and development of new garbage trucks will lead to sizable demand in the market.
The report on the garbage truck market covers the following areas:
- Garbage truck market sizing
- Garbage truck market forecast
- Garbage truck market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading garbage truck market vendors that include AB Volvo, Autocar LLC, Battle Motors, Bridgeport Manufacturing, Curbtender Sweepers LLC, Dongfeng Motor Group Co. Ltd., EL Industries International, EZ Pack, FULONGMA GROUP Co. Ltd., Haul All Equipment Ltd., Heil An Environmental Solutions Group Co., Hyundai Motor Co., Hyzon Motors, KIRCHHOFF Group, Labrie Environmental Group, McNeilus Truck and Manufacturing Inc., Mitsubishi Motors Corp., New Way Refuse Trucks, PACCAR Inc., Porsche Automobil Holding SE, Shandong Wuzheng Group Co. Ltd., Terberg RosRoca Group, Wastequip LLC, Xuzhou Construction Machinery Group Co. Ltd., and BYD Co. Ltd.. Also, the garbage truck market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global garbage truck market 2018 - 2022
- Exhibit 18: Historic Market Size - Data Table on global garbage truck market 2018 - 2022 ($ billion)
- 4.2 Type Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- 4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Rear loader - Market size and forecast 2023-2028
- Exhibit 34: Chart on Rear loader - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Rear loader - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Rear loader - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Rear loader - Year-over-year growth 2023-2028 (%)
- 6.4 Front loader - Market size and forecast 2023-2028
- Exhibit 38: Chart on Front loader - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Front loader - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Front loader - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Front loader - Year-over-year growth 2023-2028 (%)
- 6.5 Side loader - Market size and forecast 2023-2028
- Exhibit 42: Chart on Side loader - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Side loader - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Side loader - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Side loader - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Type
- Exhibit 46: Market opportunity by Type ($ billion)
- Exhibit 47: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Exhibit 50: Chart on Comparison by End-user
- Exhibit 51: Data Table on Comparison by End-user
- 7.3 Municipal - Market size and forecast 2023-2028
- Exhibit 52: Chart on Municipal - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Municipal - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Municipal - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Municipal - Year-over-year growth 2023-2028 (%)
- 7.4 Industrial - Market size and forecast 2023-2028
- Exhibit 56: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Industrial - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ billion)
- Exhibit 61: Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 North America - Market size and forecast 2023-2028
- Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Japan - Market size and forecast 2023-2028
- Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
- Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 AB Volvo
- Exhibit 115: AB Volvo - Overview
- Exhibit 116: AB Volvo - Business segments
- Exhibit 117: AB Volvo - Key news
- Exhibit 118: AB Volvo - Key offerings
- Exhibit 119: AB Volvo - Segment focus
- 12.4 Autocar LLC
- Exhibit 120: Autocar LLC - Overview
- Exhibit 121: Autocar LLC - Product / Service
- Exhibit 122: Autocar LLC - Key offerings
- 12.5 Battle Motors
- Exhibit 123: Battle Motors - Overview
- Exhibit 124: Battle Motors - Product / Service
- Exhibit 125: Battle Motors - Key offerings
- 12.6 Bridgeport Manufacturing
- Exhibit 126: Bridgeport Manufacturing - Overview
- Exhibit 127: Bridgeport Manufacturing - Product / Service
- Exhibit 128: Bridgeport Manufacturing - Key offerings
- 12.7 EZ Pack
- Exhibit 129: EZ Pack - Overview
- Exhibit 130: EZ Pack - Product / Service
- Exhibit 131: EZ Pack - Key offerings
- 12.8 Heil An Environmental Solutions Group Co.
- Exhibit 132: Heil An Environmental Solutions Group Co. - Overview
- Exhibit 133: Heil An Environmental Solutions Group Co. - Product / Service
- Exhibit 134: Heil An Environmental Solutions Group Co. - Key offerings
- 12.9 Hyzon Motors
- Exhibit 135: Hyzon Motors - Overview
- Exhibit 136: Hyzon Motors - Product / Service
- Exhibit 137: Hyzon Motors - Key offerings
- 12.10 KIRCHHOFF Group
- Exhibit 138: KIRCHHOFF Group - Overview
- Exhibit 139: KIRCHHOFF Group - Product / Service
- Exhibit 140: KIRCHHOFF Group - Key offerings
- 12.11 Labrie Environmental Group
- Exhibit 141: Labrie Environmental Group - Overview
- Exhibit 142: Labrie Environmental Group - Product / Service
- Exhibit 143: Labrie Environmental Group - Key offerings
- 12.12 McNeilus Truck and Manufacturing Inc.
- Exhibit 144: McNeilus Truck and Manufacturing Inc. - Overview
- Exhibit 145: McNeilus Truck and Manufacturing Inc. - Product / Service
- Exhibit 146: McNeilus Truck and Manufacturing Inc. - Key offerings
- 12.13 Mitsubishi Motors Corp.
- Exhibit 147: Mitsubishi Motors Corp. - Overview
- Exhibit 148: Mitsubishi Motors Corp. - Business segments
- Exhibit 149: Mitsubishi Motors Corp. - Key offerings
- Exhibit 150: Mitsubishi Motors Corp. - Segment focus
- 12.14 New Way Refuse Trucks
- Exhibit 151: New Way Refuse Trucks - Overview
- Exhibit 152: New Way Refuse Trucks - Product / Service
- Exhibit 153: New Way Refuse Trucks - Key offerings
- 12.15 PACCAR Inc.
- Exhibit 154: PACCAR Inc. - Overview
- Exhibit 155: PACCAR Inc. - Business segments
- Exhibit 156: PACCAR Inc. - Key news
- Exhibit 157: PACCAR Inc. - Key offerings
- Exhibit 158: PACCAR Inc. - Segment focus
- 12.16 Porsche Automobil Holding SE
- Exhibit 159: Porsche Automobil Holding SE - Overview
- Exhibit 160: Porsche Automobil Holding SE - Business segments
- Exhibit 161: Porsche Automobil Holding SE - Key offerings
- Exhibit 162: Porsche Automobil Holding SE - Segment focus
- 12.17 Terberg RosRoca Group
- Exhibit 163: Terberg RosRoca Group - Overview
- Exhibit 164: Terberg RosRoca Group - Product / Service
- Exhibit 165: Terberg RosRoca Group - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 166: Inclusions checklist
- Exhibit 167: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 168: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 169: Research methodology
- Exhibit 170: Validation techniques employed for market sizing
- Exhibit 171: Information sources
- 13.5 List of abbreviations
- Exhibit 172: List of abbreviations