Report ID : AMR1004234 | Industries : Automotive and Transportation | Published On :December 2023 | Page Count : 167
Global Vacuum Truck Market, By Fuel Type (Electric, ICE), By Product Type (Dry and Liquid Suctioning,By Application (Industrial, Excavation, Municipal, General Cleaning), By Region and forecast till 2030.
Global Vacuum Truck Market
Global Vacuum Truck Market was valued at USD 1.64 billion in 2022 and is slated to reach USD 3.58 billion by 2030 at a CAGR of 9.34% from 2023-2030.
A tank truck with a pump and a tank is called a vacuum truck. It is also referred to as a vacuum tanker, vector truck or vac-con truck. The pump's purpose is to pneumatically suction liquids, sludges, slurries, or other materials from a location (typically underground) into the truck's tank. The goal is to make it possible for the liquid material to be transported by road to another place. The gathered waste is transported to a treatment or disposal location, like a sewage treatment plant, by vacuum trucks.
Market Drivers
A tank truck with a pump and a tank is called a vacuum truck. It is also referred to as a vacuum tanker, vector truck or vac-con truck. The pump's purpose is to pneumatically suction liquids, sludges, slurries, or other materials from a location (typically underground) into the truck's tank. The goal is to make it possible for the liquid material to be transported by road to another place. The gathered waste is transported to a treatment or disposal location, like a sewage treatment plant, by hoover trucks which contribute to the market's growth. To protect the environment, governments all over the world are enacting stricter regulations. Due to this, there is an increased need for vacuum trucks that can assist companies and organisations in adhering to the law. A non-destructive excavation method called hydro-excavation employs pressurized water to loosen and remove soil. The resulting sludge is collected and disposed of using vacuum trucks. The market for vacuum trucks is primarily driven by the rising need for hydro-excavation. Vacuum trucks are also employed in a number of industrial cleaning tasks, including spill cleanup, debris removal, and equipment maintenance. The market for vacuum trucks is also being significantly influenced by the rising demand for industrial cleaning services. Additionally, vacuum trucks are being utilised more frequently in the construction sector for a number of jobs like excavation, site preparation, and trash collection. Vacuum truck demand in this industry is anticipated to be driven by the expanding building activities around the globe.
Market Restraints
Vacuum trucks are specialised automobiles with high maintenance costs. This might dissuade some corporations and local governments from purchasing vacuum trucks. To operate vacuum trucks safely and effectively, trained personnel are needed. Nevertheless, there remains a global scarcity of qualified vacuum truck operators. This can make it challenging for companies to obtain suitable employees, which might have an effect on their production. Trucks used for vacuuming might pollute the air and make noise. Urban locations and environmentally delicate regions may find this to be an issue. Beyond the price of the original purchase, running a vacuum truck can be costly. The continual maintenance of vacuum trucks can be very expensive due to the high cost of fuel, upkeep, and disposal fees for rubbish collected. The vacuum truck market has technological hurdles to overcome, just like any other sector. Maintaining market competitiveness requires improvements in automation, environmental controls, and vacuum pump efficiency. Businesses may struggle if they don't develop and adopt new technologies. Operators of vacuum trucks are required to abide by environmental laws controlling the transportation and disposal of hazardous material. Their operations may become more expensive and complex as a result.
Impact of COVID-19
Vacuum truck demand fell as a result of the pandemic in a number of industries, including construction, oil and gas, and municipal waste management. Project delays, budget cuts, and a decline in economic activity were the causes of this. Construction, oil and gas, and municipal waste management were just a few of the industries that saw a decrease in demand for vacuum trucks as a result of the epidemic. Due to things like budget cuts, project delays, and a decline in economic activity.
In a number of industries, the pandemic has resulted in a rise in the demand for contactless solutions. As a result, demand for autonomous vacuum trucks is probably going to increase in the upcoming years. Due to increasing internet shopping and food delivery, companies and homes generated more garbage as a result of the pandemic, which raised demand for waste management services. The need for hoover trucks is anticipated to increase as a result in the upcoming years. The epidemic has also caused a greater emphasis on sanitation and cleanliness across all industries. This is due to the fact that organisations and governments are more cognizant of the value of maintaining a clean, hygienic workplace and public areas. As a result, there is a rising need for hoover trucks for jobs including cleaning septic tanks, factories and sewers.
Recent Development
In September 2023, Vacuum truck manufacturer Cappellotto launched a new line of vacuum trucks that are designed to be more fuel-efficient and environmentally friendly. The new trucks are equipped with a number of features, including a regenerative braking system and a start-stop system.
In July 2023 the government of India announced that it will be investing USD 1 billion in the development of new waste management infrastructure, including vacuum trucks. The investment is part of the government's Clean India Mission, which aims to make India a clean and healthy country by 2024.
Market Segmentation
Global Vacuum Truck Market is segmented into By Fuel Type, Product Type, Application. By Fuel Type such as Electric, ICE. By Product Type such as Dry and Liquid Suctioning, Liquid Suctioning. By Application such as Industrial, Excavation, Municipal, General Cleaning, Others.
Regional Analysis
Global Vacuum Truck Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Europe is expected to account for the largest market over the forecast period. Due to the developed waste management infrastructure in Europe, vacuum trucks are in great demand across a number of sectors, including construction, municipal waste management, and industrial cleaning. The fact that Europe is one of the most urbanized continents in the world is another factor contributing to the rise in demand for vacuum trucks for municipal uses like septic tank cleaning and sewer maintenance. Furthermore, North America region is projected to be second largest market of Vacuum Truck globally As Rental fleet owners in North America are increasingly using vacuum trucks for a range of industrial tasks, including spill cleanup, moving liquid waste and keeping up with septic and sewer systems.
Key Players
This report includes a list of numerous Key Players, Fulongma Group Co Ltd., Vac-Con, Inc., Rivard, Cappellotto S.p.A., KOKS Group bv, GapVax, Keith Huber Inc., Kanematsu Engineering Co Ltd, Federal Signal Corporation, Gradall Industries Inc.
Market Taxonomy
By Fuel Type
• Electric
• ICE
By Product Type
• Dry and Liquid Suctioning
• Liquid Suctioning
By Application
• Industrial
• Excavation
• Municipal
• General Cleaning
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Vacuum Truck Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Vacuum Truck Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Vacuum Truck Market, By Fuel Type
5.1 Y-o-Y Growth Comparison, By Fuel Type
5.2 Global Vacuum Truck Market Share Analysis, By Fuel Type
5.3 Global Vacuum Truck Market Size and Forecast, By Fuel Type
5.3.1 Electric
5.3.2 ICE
6 Global Vacuum Truck Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Vacuum Truck Market Share Analysis, By Product Type
6.3 Global Vacuum Truck Market Size and Forecast, By Product Type
6.3.1 Dry and Liquid Suctioning
6.3.2 Liquid Suctioning
7 Global Vacuum Truck Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Vacuum Truck Market Share Analysis, By Application
7.3 Global Vacuum Truck Market Size and Forecast, By Application
7.3.1 Industrial
7.3.2 Excavation
7.3.3 Municipal
7.3.4 General Cleaning
8 Global Vacuum Truck Market, By Region
8.1 Global Vacuum Truck Market Share Analysis, By Region
8.2 Global Vacuum Truck Market Size and Forecast, By Region
8.3 Global Vacuum Truck Market Trends and Forecast, By Region
9 North America Vacuum Truck Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Vacuum Truck Market Size and Forecast, By Fuel Type
9.3 North America Vacuum Truck Market Size and Forecast, By Product Type
9.4 North America Vacuum Truck Market Size and Forecast, By Application
9.5 North America Vacuum Truck Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Fuel Type
9.5.1.2 Market Size and Forecast, By Product Type
9.5.1.3 Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Fuel Type
9.5.2.2 Market Size and Forecast, By Product Type
9.5.2.3 Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Fuel Type
9.5.3.2 Market Size and Forecast, By Product Type
9.5.3.3 Market Size and Forecast, By Application
10 Europe Vacuum Truck Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Vacuum Truck Market Size and Forecast, By Fuel Type
10.3 Europe Vacuum Truck Market Size and Forecast, By Product Type
10.4 Europe Vacuum Truck Market Size and Forecast, By Application
10.5 Europe Vacuum Truck Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Fuel Type
10.5.1.2 Market Size and Forecast, By Product Type
10.5.1.3 Market Size and Forecast, By Application
10.5.2 France
10.5.2.1 Market Size and Forecast, By Fuel Type
10.5.2.2 Market Size and Forecast, By Product Type
10.5.2.3 Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Fuel Type
10.5.3.2 Market Size and Forecast, By Product Type
10.5.3.3 Market Size and Forecast, By Application
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Fuel Type
10.5.4.2 Market Size and Forecast, By Product Type
10.5.4.3 Market Size and Forecast, By Application
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Fuel Type
10.5.5.2 Market Size and Forecast, By Product Type
10.5.5.3 Market Size and Forecast, By Application
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Fuel Type
10.5.6.2 Market Size and Forecast, By Product Type
10.5.6.3 Market Size and Forecast, By Application
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Fuel Type
10.5.7.2 Market Size and Forecast, By Product Type
10.5.7.3 Market Size and Forecast, By Application
11 Asia Pacific Vacuum Truck Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Vacuum Truck Market Size and Forecast, By Fuel Type
11.3 Asia Pacific Vacuum Truck Market Size and Forecast, By Product Type
11.4 Asia Pacific Vacuum Truck Market Size and Forecast, By Application
11.5 Asia Pacific Vacuum Truck Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Fuel Type
11.5.1.2 Market Size and Forecast, By Product Type
11.5.1.3 Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Fuel Type
11.5.2.2 Market Size and Forecast, By Product Type
11.5.2.3 Market Size and Forecast, By Application
11.5.3 India
11.5.3.1 Market Size and Forecast, By Fuel Type
11.5.3.2 Market Size and Forecast, By Product Type
11.5.3.3 Market Size and Forecast, By Application
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Fuel Type
11.5.4.2 Market Size and Forecast, By Product Type
11.5.4.3 Market Size and Forecast, By Application
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Fuel Type
11.5.5.2 Market Size and Forecast, By Product Type
11.5.5.3 Market Size and Forecast, By Application
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Fuel Type
11.5.6.2 Market Size and Forecast, By Product Type
11.5.6.3 Market Size and Forecast, By Application
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Fuel Type
11.5.7.2 Market Size and Forecast, By Product Type
11.5.7.3 Market Size and Forecast, By Application
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Fuel Type
11.5.8.2 Market Size and Forecast, By Product Type
11.5.8.3 Market Size and Forecast, By Application
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Fuel Type
11.5.9.2 Market Size and Forecast, By Product Type
11.5.9.3 Market Size and Forecast, By Application
12 Latin America Vacuum Truck Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Vacuum Truck Market Size and Forecast, By Fuel Type
12.3 Latin America Vacuum Truck Market Size and Forecast, By Product Type
12.4 Latin America Vacuum Truck Market Size and Forecast, By Application
12.5 Latin America Vacuum Truck Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Fuel Type
12.5.1.2 Market Size and Forecast, By Product Type
12.5.1.3 Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Fuel Type
12.5.2.2 Market Size and Forecast, By Product Type
12.5.2.3 Market Size and Forecast, By Application
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Fuel Type
12.5.3.2 Market Size and Forecast, By Product Type
12.5.3.3 Market Size and Forecast, By Application
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Fuel Type
12.5.4.2 Market Size and Forecast, By Product Type
12.5.4.3 Market Size and Forecast, By Application
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Fuel Type
12.5.5.2 Market Size and Forecast, By Product Type
12.5.5.3 Market Size and Forecast, By Application
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Fuel Type
12.5.6.2 Market Size and Forecast, By Product Type
12.5.6.3 Market Size and Forecast, By Application
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Fuel Type
12.5.7.2 Market Size and Forecast, By Product Type
12.5.7.3 Market Size and Forecast, By Application
13 Middle East Vacuum Truck Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Vacuum Truck Market Size and Forecast, By Fuel Type
13.3 Middle East Vacuum Truck Market Size and Forecast, By Product Type
13.4 Middle East Vacuum Truck Market Size and Forecast, By Application
13.5 Middle East Vacuum Truck Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Fuel Type
13.5.1.2 Market Size and Forecast, By Product Type
13.5.1.3 Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Fuel Type
13.5.2.2 Market Size and Forecast, By Product Type
13.5.2.3 Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Fuel Type
13.5.3.2 Market Size and Forecast, By Product Type
13.5.3.3 Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Fuel Type
13.5.4.2 Market Size and Forecast, By Product Type
13.5.4.3 Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Fuel Type
13.5.5.2 Market Size and Forecast, By Product Type
13.5.5.3 Market Size and Forecast, By Application
13.5.6 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Fuel Type
13.5.6.2 Market Size and Forecast, By Product Type
13.5.6.3 Market Size and Forecast, By Application
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Fulongma Group Co Ltd.
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Vac-Con, Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Rivard
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Cappellotto S.p.A.
15.4.1 Overview
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 KOKS Group bv
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Keith Huber Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Kanematsu Engineering Co Ltd.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Federal Signal Corporation
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Gradall Industries Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
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