Sun, 14 Aug 2022

Surpassing a valuation of US$10Bn by the end of the forecast period (2019-2029), the garbage collection trucks market is forecast to follow a moderate growth trajectory. Management of solid waste is one of the most intractable problems for local authorities in urban centers. Collection of waste is a prime concern, as governments are investing a large amount in solid waste management. This has accelerated the demand for garbage collection trucks. Proliferation of industries, burgeoning urban population, and waste generation is pushing the demand for garbage collection trucks. Owing to increased spending on waste management plans, Fact.MR says that the global garbage collection truck market is expected to grow at a value CAGR of 4.5% during the forecast period.

For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=217

Key Takeaways of Garbage Collection Trucks Market

  • The municipal garbage segment is estimated to create an absolute dollar opportunity of around US$ 2 Bn during the forecast period and is estimated to account for 50% of the overall value opportunity in the global market by the end of 2029
  • In the technology segment, automatic garbage collection trucks are projected to expand 1.6X as compared to 2019, by witnessing a value CAGR of 5% during the forecast period
  • Rear loaders segment is forecasted to expand 1.3X as compared to the side loaders segment by the end of forecast duration
  • Owing to an increase in awareness for proper waste disposal facilities in India and China, both countries collectively accounted for 20% of the global revenue share in 2019

Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=217

Key Segments of the Garbage Collection Trucks Market

Fact.MR's study on the garbage collection trucks market offers information divided into four important segments - product, technology, end-use, and region.

This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

Product

  • Front Loaders
  • Rear Loaders
  • Side Loaders

Technology

  • Semi-automatic
  • Automatic
  • Others

End-Use

  • Municipal Garbage
  • Industrial Garbage
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • MEA
  • Oceania

Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=217

Reasons to choose Fact.MR:

  • Exhaustive research regarding the market to offer A to Z information.
  • Digital technologies to provide innovative business solutions to the clients.
  • 24/7 availability of services.
  • Interaction with suppliers, vendors, and service providers for precise market landscape.
  • Reports tailored as per the requirements of the clients.

Explore Fact.MR's Comprehensive Coverage on Automotive Landscape

Off-Highway Engine Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031

Autonomous Farm Equipment Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031

Aircraft Tugs Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031

About Us:

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

Contact:

US Sales Office:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,Jumeirah Lakes Towers,

Dubai, United Arab Emirates

Email: sales@factmr.com

Visit Our Website: https://www.factmr.com

Tags:

See Campaign: https://www.factmr.com/industry/automotiveContact Information:Tel: +1 (628) 251-1583Tags:Menafn, PR-Wirein, iCN Internal Distribution, Research Newswire, English

Sign up for Miami News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!