Market Research Future published a Half Cooked Research Report on the global garbage collection vehicle market that contains the information from 2017 to 2025. The global garbage collection vehicle market is expected to progress with ~6.5% CAGR from 2019 to 2025.

Taste the market data and market information presented through more than 100 market data tables and figures spread in 88 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “Global Garbage Collection Vehicle Market Information from 2019 to 2025"

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The garbage collection vehicle is a vehicle designed with numerous equipment and assemblies, such as cameras, telematics, onboard diagnostics, and automated arms, to make waste collection safer and more efficient. These vehicles are also known as trash trucks in the US and rubbish trucks, junk trucks, dumpsters, bin wagons, dustbin lorries, bin lorries or bin vans, elsewhere. According to the World Bank, the global municipal waste will reach more than two billion tonnes by 2025 due to growing population and urbanization.

The growing adoption of software solutions such as IoT, communication software, radar, sensors, and cameras in garbage collection vehicles will boost the growth of this market, further. The growing training centers to educate people about appropriate methods of waste management worldwide, increasing investments by private and public players to establish solid waste and waste water treatment plants globally, and improving economies of developing countries such as Brazil, Argentina, India, and countries in the Middle East & Africa, are some factors that are creating lucrative opportunities for the expansion of this market in these regions.

The global garbage collection vehicle market is estimated to witness ~6.5% CAGR during the period from 2019–2025.

The global garbage collection vehicle market is segmented on the basis of loader type, technology, vehicle type, propulsion, application, and region.

On the basis of loader type, the front segment is projected witness a moderate growth during the forecast period. This growth is attributed due to the growing uses of large waste containers in the commercial and industrial sectors, globally.

On the basis of technology, the semi-automatic segment is projected witness a higher growth during the forecast period. This growth is attributed due to the rapid technological advancements in garbage collection vehicles and the growing uses of electronic and electrical technology in garbage collection vehicles.

On the basis of vehicle type, the light duty vehicle segment is projected witness a significant growth during the forecast period. This growth can be attributed due to the growing uses light duty vehicles and electric vehicles for garbage disposal in developing countries, such as China and India. For instance, on 11th July 2017, in India, the state government of Andhra Pradesh, adopted smart and electric vehicles for garbage disposal under Vijayawada Municipal Corporation (VMC) limits.

On the basis of application, the non-residential segment is projected to grow at higher rate during the forecast period, due to the growing population and increasing construction activities worldwide. Additionally, the growing popularity of the concept of waste-to-energy and increasing adoption of recycling techniques and advanced waste collection solutions in the commercial sector is also contributing to the growth of this market.

The key players operating in the global garbage collection vehicle market are Heil Environmental (US), Geesink B.V. (the Neatherlands), FAUN Umwelttechnik GmbH & Co. KG (Germany), CEEC TRUCKS INDUSTRY CO., LIMITED (China), Bridgeport Manufacturing (US), Zoomlion Heavy Industry Science and Technology Co., Ltd (China), Pak-Mor. (US), Dennis Eagle Limited (UK), IVECO S.p.A. (Italy), and Dulevo International S.p.A. (Italy).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the necessary assessment of the competitive scenarios and strategies in the global Garbage Collection Vehicle market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing & cost analysis.

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