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Vacuum Truck Market By Product Type, By Application, By Fuel Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 238 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671071
Description Jump to:
Vacuum trucks are innovative machines used to break up, collect, and haul away soil and other debris. Vacuum truck is a vehicle designed for collection and transport of liquid product or waste, sludges, and slurries. It consists of a vacuum source (vacuum pump or blower), a debris receiver tank, and an inline filter. Vacuum trucks are commonly used for sewer and septic system maintenance. It is used to dig holes and trenches in the ground, to install, replace or repair pipes and wiring. Vacuum trucks are utilized in countless applications by private businesses as well as city municipalities in green cleaning programs and operations.

Furthermore, the rise in advancements such as customized vacuum trucks design of lightweight components for the construction of vacuum trailers encourage the development of alternative energy-driven vehicles. Thus, automobile manufacturers have shifted toward electric and alternative fuel automobiles. The growth in development of commercial & industrial vacuum trucks design creates a demand for the market across the globe. For instance, in April 2020, Vactor launched iMPACT combination sewer cleaner with compact design for easy maneuverability in tight and confined spaces. The combination sewer cleaner was specifically designed for smaller-scale applications to clean sanitary/storm sewers, catch basins, lift stations, and laterals.

Vacuum truck market is segmented on the basis of product type, application, and fuel type. By product type, it is divided into dry & liquid suctioning, and liquid suctioning. By application, it is classified into industrial, excavation, municipal, general cleaning and others. By fuel type, it is divided into electric and ICE. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investments. In addition, it includes Porter’s five forces analysis to understand competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights competitive landscape of key players to increase their market share and sustain intense competition in the industry.

The key players operating in this market are CAPPELLOTTO S.P.A, Federal Signal Corporation, FULONGMA GROUP Co., Ltd, GapVax, Gradall Industries, Inc., Kanematsu Engineering Co., Ltd., Keith Huber Inc., KOKS Group bv., Rivard and Vac-Con among others.

KEY BENEFITS FOR STAKEHOLDERS

  • This study presents analytical depiction of the global vacuum truck market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall vacuum truck market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the global vacuum truck market with a detailed impact analysis.
  • The current vacuum truck market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
  • The Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Product Type

  • Dry and Liquid Suctioning
  • Liquid Suctioning

By Application

  • Industrial
  • Excavation
  • Muncipal
  • General Cleaning
  • Others

By Fuel Type

  • Electric
  • ICE

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Russia
  • United Kingdom
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • CAPPELLOTTO S P A
  • Federal Signal Corporation
  • FULONGMA GROUP CO LTD
  • GapVax
  • Gradall Industries Inc
  • Kanematsu Engineering Co Ltd
  • Keith Huber Inc
  • KOKS Group bv
  • Rivard
  • vac-con, inc.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: VACUUM TRUCK MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Dry and Liquid Suctioning
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Liquid Suctioning
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: VACUUM TRUCK MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Industrial
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Excavation
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Muncipal
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 General Cleaning
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: VACUUM TRUCK MARKET, BY FUEL TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Electric
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 ICE
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: VACUUM TRUCK MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Product Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by Fuel Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Product Type
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by Fuel Type
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Product Type
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by Fuel Type
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Product Type
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by Fuel Type
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Product Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by Fuel Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Product Type
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by Fuel Type
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Product Type
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by Fuel Type
7.3.5.3 Russia
7.3.5.3.1 Market size and forecast, by Product Type
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by Fuel Type
7.3.5.4 United Kingdom
7.3.5.4.1 Market size and forecast, by Product Type
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by Fuel Type
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Product Type
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by Fuel Type
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Product Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by Fuel Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Product Type
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by Fuel Type
7.4.5.2 India
7.4.5.2.1 Market size and forecast, by Product Type
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by Fuel Type
7.4.5.3 Japan
7.4.5.3.1 Market size and forecast, by Product Type
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by Fuel Type
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Product Type
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by Fuel Type
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Market size and forecast, by Product Type
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by Fuel Type
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Product Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by Fuel Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Product Type
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by Fuel Type
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Product Type
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by Fuel Type
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Product Type
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by Fuel Type
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 CAPPELLOTTO S P A
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Federal Signal Corporation
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 FULONGMA GROUP CO LTD
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 GapVax
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Gradall Industries Inc
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Kanematsu Engineering Co Ltd
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Keith Huber Inc
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 KOKS Group bv
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Rivard
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 vac-con, inc.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Travel Accessories Market, by Type, 2021-2031,($Million)
Table 2. Travel Accessories Market Revenue, for Travel Bags, by Region , 2021-2031,($Million)
Table 3. Travel Accessories Market for Travel Bags by Country, 2021-2031,($Million)
Table 4. Travel Accessories Market Revenue, for Electronic Accessories, by Region , 2021-2031,($Million)
Table 5. Travel Accessories Market for Electronic Accessories by Country, 2021-2031,($Million)
Table 6. Travel Accessories Market Revenue, for Travel Pillow and Blanket, by Region , 2021-2031,($Million)
Table 7. Travel Accessories Market for Travel Pillow and Blanket by Country, 2021-2031,($Million)
Table 8. Travel Accessories Market Revenue, for Toiletries, by Region , 2021-2031,($Million)
Table 9. Travel Accessories Market for Toiletries by Country, 2021-2031,($Million)
Table 10. Travel Accessories Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 11. Travel Accessories Market for Others by Country, 2021-2031,($Million)
Table 12. Global Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 13. Travel Accessories Market Revenue, for Supermarkets and Hypermarkets, by Region , 2021-2031,($Million)
Table 14. Travel Accessories Market for Supermarkets and Hypermarkets by Country, 2021-2031,($Million)
Table 15. Travel Accessories Market Revenue, for Specialty Stores, by Region , 2021-2031,($Million)
Table 16. Travel Accessories Market for Specialty Stores by Country, 2021-2031,($Million)
Table 17. Travel Accessories Market Revenue, for Factory Outlets, by Region , 2021-2031,($Million)
Table 18. Travel Accessories Market for Factory Outlets by Country, 2021-2031,($Million)
Table 19. Travel Accessories Market Revenue, for Online Stores, by Region , 2021-2031,($Million)
Table 20. Travel Accessories Market for Online Stores by Country, 2021-2031,($Million)
Table 21. Travel Accessories Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 22. Travel Accessories Market for Others by Country, 2021-2031,($Million)
Table 23. Travel Accessories Market, by Region, 2021-2031,($Million)
Table 24. North America Travel Accessories Market, by Type, 2021-2031,($Million)
Table 25. North America Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 26. North America Travel Accessories Market, by Country, 2021-2031,($Million)
Table 27. U.S. Travel Accessories Market, by Type, 2021-2031,($Million)
Table 28. U.S. Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 29. Canada Travel Accessories Market, by Type, 2021-2031,($Million)
Table 30. Canada Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 31. Mexico Travel Accessories Market, by Type, 2021-2031,($Million)
Table 32. Mexico Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 33. Europe Travel Accessories Market, by Type, 2021-2031,($Million)
Table 34. Europe Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 35. Europe Travel Accessories Market, by Country, 2021-2031,($Million)
Table 36. Germany Travel Accessories Market, by Type, 2021-2031,($Million)
Table 37. Germany Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 38. France Travel Accessories Market, by Type, 2021-2031,($Million)
Table 39. France Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 40. U.K. Travel Accessories Market, by Type, 2021-2031,($Million)
Table 41. U.K. Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 42. Italy Travel Accessories Market, by Type, 2021-2031,($Million)
Table 43. Italy Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 44. Spain Travel Accessories Market, by Type, 2021-2031,($Million)
Table 45. Spain Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 46. Russia Travel Accessories Market, by Type, 2021-2031,($Million)
Table 47. Russia Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 48. Rest of Europe Travel Accessories Market, by Type, 2021-2031,($Million)
Table 49. Rest of Europe Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 50. Asia-Pacific Travel Accessories Market, by Type, 2021-2031,($Million)
Table 51. Asia-Pacific Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 52. Asia-Pacific Travel Accessories Market, by Country, 2021-2031,($Million)
Table 53. China Travel Accessories Market, by Type, 2021-2031,($Million)
Table 54. China Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 55. Japan Travel Accessories Market, by Type, 2021-2031,($Million)
Table 56. Japan Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 57. India Travel Accessories Market, by Type, 2021-2031,($Million)
Table 58. India Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 59. Australia Travel Accessories Market, by Type, 2021-2031,($Million)
Table 60. Australia Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 61. South Korea Travel Accessories Market, by Type, 2021-2031,($Million)
Table 62. South Korea Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 63. Rest of Asia-Pacific Travel Accessories Market, by Type, 2021-2031,($Million)
Table 64. Rest of Asia-Pacific Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 65. LAMEA Travel Accessories Market, by Type, 2021-2031,($Million)
Table 66. LAMEA Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 67. LAMEA Travel Accessories Market, by Country, 2021-2031,($Million)
Table 68. Latin America Travel Accessories Market, by Type, 2021-2031,($Million)
Table 69. Latin America Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 70. Middle East Travel Accessories Market, by Type, 2021-2031,($Million)
Table 71. Middle East Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 72. Africa Travel Accessories Market, by Type, 2021-2031,($Million)
Table 73. Africa Travel Accessories Market, by Distribution Channel, 2021-2031,($Million)
Table 74. Ace Co., Ltd.: Company Snapshot
Table 75. Ace Co., Ltd.: Operating Segments
Table 76. Ace Co., Ltd.: Product Portfolio
Table 77. Ace Co., Ltd.: Net Sales
Table 78. Ace Co., Ltd.: Key Stratergies
Table 79. Adidas Ag: Company Snapshot
Table 80. Adidas Ag: Operating Segments
Table 81. Adidas Ag: Product Portfolio
Table 82. Adidas Ag: Net Sales
Table 83. Adidas Ag: Key Stratergies
Table 84. Lvmh Group: Company Snapshot
Table 85. Lvmh Group: Operating Segments
Table 86. Lvmh Group: Product Portfolio
Table 87. Lvmh Group: Net Sales
Table 88. Lvmh Group: Key Stratergies
Table 89. Magellan's: Company Snapshot
Table 90. Magellan's: Operating Segments
Table 91. Magellan's: Product Portfolio
Table 92. Magellan's: Net Sales
Table 93. Magellan's: Key Stratergies
Table 94. Nike Inc.: Company Snapshot
Table 95. Nike Inc.: Operating Segments
Table 96. Nike Inc.: Product Portfolio
Table 97. Nike Inc.: Net Sales
Table 98. Nike Inc.: Key Stratergies
Table 99. Sungjoo Group: Company Snapshot
Table 100. Sungjoo Group: Operating Segments
Table 101. Sungjoo Group: Product Portfolio
Table 102. Sungjoo Group: Net Sales
Table 103. Sungjoo Group: Key Stratergies
Table 104. Travel Blue Ltd: Company Snapshot
Table 105. Travel Blue Ltd: Operating Segments
Table 106. Travel Blue Ltd: Product Portfolio
Table 107. Travel Blue Ltd: Net Sales
Table 108. Travel Blue Ltd: Key Stratergies
Table 109. United States Luggage Company, LLC.: Company Snapshot
Table 110. United States Luggage Company, LLC.: Operating Segments
Table 111. United States Luggage Company, LLC.: Product Portfolio
Table 112. United States Luggage Company, LLC.: Net Sales
Table 113. United States Luggage Company, LLC.: Key Stratergies
Table 114. Vf Corporation: Company Snapshot
Table 115. Vf Corporation: Operating Segments
Table 116. Vf Corporation: Product Portfolio
Table 117. Vf Corporation: Net Sales
Table 118. Vf Corporation: Key Stratergies
Table 119. Vip Industries Ltd.: Company Snapshot
Table 120. Vip Industries Ltd.: Operating Segments
Table 121. Vip Industries Ltd.: Product Portfolio
Table 122. Vip Industries Ltd.: Net Sales
Table 123. Vip Industries Ltd.: Key Stratergies
List of Figures
Figure 1. Vacuum Truck Market Segmentation
Figure 2. Vacuum Truck Market,2021-2031
Figure 3. Vacuum Truck Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Vacuum Truck Market:Drivers, Restraints and Opportunities
Figure 12. Vacuum Truck Market,By Product Type,2021(%)
Figure 13. Comparative Share Analysis of Dry and Liquid Suctioning Vacuum Truck Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Liquid Suctioning Vacuum Truck Market,2021-2031(%)
Figure 15. Vacuum Truck Market,By Application,2021(%)
Figure 16. Comparative Share Analysis of Industrial Vacuum Truck Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Excavation Vacuum Truck Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Muncipal Vacuum Truck Market,2021-2031(%)
Figure 19. Comparative Share Analysis of General Cleaning Vacuum Truck Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Others Vacuum Truck Market,2021-2031(%)
Figure 21. Vacuum Truck Market,By Fuel Type,2021(%)
Figure 22. Comparative Share Analysis of Electric Vacuum Truck Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Ice Vacuum Truck Market,2021-2031(%)
Figure 24. Vacuum Truck Market by Region,2021
Figure 25. U.S. Vacuum Truck Market,2021-2031($Million)
Figure 26. Canada Vacuum Truck Market,2021-2031($Million)
Figure 27. Mexico Vacuum Truck Market,2021-2031($Million)
Figure 28. Germany Vacuum Truck Market,2021-2031($Million)
Figure 29. France Vacuum Truck Market,2021-2031($Million)
Figure 30. Russia Vacuum Truck Market,2021-2031($Million)
Figure 31. United Kingdom Vacuum Truck Market,2021-2031($Million)
Figure 32. Rest of Europe Vacuum Truck Market,2021-2031($Million)
Figure 33. China Vacuum Truck Market,2021-2031($Million)
Figure 34. India Vacuum Truck Market,2021-2031($Million)
Figure 35. Japan Vacuum Truck Market,2021-2031($Million)
Figure 36. South Korea Vacuum Truck Market,2021-2031($Million)
Figure 37. Rest of Asia-Pacific Vacuum Truck Market,2021-2031($Million)
Figure 38. Latin America Vacuum Truck Market,2021-2031($Million)
Figure 39. Middle East Vacuum Truck Market,2021-2031($Million)
Figure 40. Africa Vacuum Truck Market,2021-2031($Million)
Figure 41. Top Winning Strategies, by Year
Figure 42. Top Winning Strategies, by Development
Figure 43. Top Winning Strategies, by Company
Figure 44. Product Mapping of Top 10 Players
Figure 45. Competitive Dashboard
Figure 46. Competitive Heatmap of Top 10 Key Players
Figure 47. Cappellotto S P A.: Net Sales ,($Million)
Figure 48. Federal Signal Corporation.: Net Sales ,($Million)
Figure 49. Fulongma Group Co Ltd.: Net Sales ,($Million)
Figure 50. Gapvax.: Net Sales ,($Million)
Figure 51. Gradall Industries Inc.: Net Sales ,($Million)
Figure 52. Kanematsu Engineering Co Ltd.: Net Sales ,($Million)
Figure 53. Keith Huber Inc.: Net Sales ,($Million)
Figure 54. Koks Group Bv.: Net Sales ,($Million)
Figure 55. Rivard.: Net Sales ,($Million)
Figure 56. Vac-Con, Inc..: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Vacuum Truck Market," the vacuum truck market was valued at $1.5 billion in 2021, and is estimated to reach $2.7 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

The Europe region dominates the market in terms of revenue, followed by North America, Asia-Pacific, and LAMEA. In Asia-Pacific, China dominated the vacuum truck market in 2021, whereas India is expected to grow at a significant rate during the forecast period. Vacuum trucks are necessary in industrial and municipal settings for suction of water and debris left from hydro-excavation or drilling jobs. It is often involved in street cleaning operations to clean up garbage from curbs, ditches, and other places. It can easily collect dirt, small rocks & stones, asphalt pieces, and leaves through its vacuum pipe and store it in the tank. In rescue efforts and environmental calamities, vacuum trucks can be quite valuable. Vacuum trucks are critical for prevention of contamination of the environment or local waterways by efficiently clearing and storing hazardous waste or oil spills. Vacuum trucks are used to aid emergency personnel with rescue efforts in the past.

The prominent key factors that drive the growth of the vacuum truck system market are rise in need for industrial cleaning, growth in environmental awareness, and demand for waste management. The market economy is responsible for the growth of the vacuum truck market. Countries such as China, India, Brazil, and South Africa are growing economies. Thus, the manufacturing sector has witnessed prominent growth in these countries, which is expected to provide lucrative opportunities for the expansion of the vacuum truck industry.

Competition among key industry players to deploy top quality vacuum trucks and expand a company's portfolio drives the market growth. Government waste management initiatives across all sectors of the economy have led to widespread adoption of vacuum trucks across multiple industries and communities, strengthening the vacuum truck market.

The Vacuum Truck market is segmented on the basis of product type, application, fuel type, and region. By product type, the market is segregated into dry & liquid suctioning and liquid suctioning. The liquid suctioning segment serves as the top investment pocket for investors to capitalize in the near future and is anticipated to be the most lucrative segment in the global market, owing to rise in water management projects and water plants across the globe.

COVID-19 Impact Analysis

  • The COVID-19 impact on the vacuum truck market is unpredictable, and is expected to remain in force for a few years.
  • The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import-export of essential raw material items for most of 2020, and few months in 2021. This led to sudden decline in availability of important raw materials for vehicle components.
  • As a result of interrupted supply chains and production schedules caused by the COVID-19 pandemic, automotive production and sales suffered severely, which, in turn, negatively impacted the market for vacuum truck in 2020.
  • To prevent the spread of the COVID-19 virus, governments across the globe implemented strict lockdowns and made social distancing mandatory. Consequently, several organizations began work from home programs as precautionary measure. This led to a sudden decline in global demand for automobiles, which has affected the vacuum truck market

Key Findings of the Study

  • By product type, the liquid suctioning segment is expected to register a significant growth during the forecast period.
  • By application, the industrial segment is projected to lead the global vacuum truck market
  • By fuel type, the battery electric segment is projected to lead the global vacuum truck market
  • Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
  • The key players operating in this vacuum truck market are CAPPELLOTTO S.P.A, Federal Signal Corporation, FULONGMA GROUP Co., Ltd, GapVax, Gradall Industries, Inc., Kanematsu Engineering Co., Ltd., Keith Huber Inc., KOKS Group bv., Rivard and Vac-Con among others.

Companies Mentioned

  • Cappellotto S P A
  • Federal Signal Corporation
  • Fulongma Group Co Ltd
  • Gapvax
  • Gradall Industries Inc
  • Kanematsu Engineering Co Ltd
  • Keith Huber Inc
  • Koks Group Bv
  • Rivard
  • Vac-Con, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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