The Global Garbage Truck MarketGrowth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.
Garbage truck or dustbin lorry refers to a truck specially designed to collect small quantities of waste and haul the collected waste to a solid waste treatment facility. Other common names for this type of truck include trash truck and dump truck in the United States, and rubbish truck, bin wagon, dustcart, dustbin lorry, bin lorry and bin motor elsewhere. Technical names include waste collection vehicle and refuse collection vehicle. These trucks are a common sight in most urban areas.
The global market of Garbage Truck Industry is really scattered due to the wide application and consumption scale. In the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties. With growing automation in various industrial verticals and advancements in technology, garbage trucks no longer lag behind in terms of technology and coupled with Garbage Truck industry in short supply on the market in the past few years, more and more companies enter into Garbage Truck industry. The top 3 companies in the industry are Heil Co, Kirchhoff Group and McNeilus, occupying 37.76% of the market share.
According to this study, over the next five years the Garbage Truck market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 3080 million by 2024, from US$ 2240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Garbage Truck business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Heil Co
- Kirchhoff Group
- New Way
- EZ Pack
- Bridgeport Truck Manufacturing, Inc
- Haul-All Equipment
- Fujian Longma sanitation
- Cheng Li
Segmentation by product type:
- Front Loaders
- Rear Loaders
- Side Loaders
Segmentation by application:
- Urban Garbage Treatment
- Building and Mining industry
This report also splits the market by region:
• United States
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- To study and analyze the global Garbage Truck consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Garbage Truck market by identifying its various subsegments.
- Focuses on the key global Garbage Truck manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Garbage Truck with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Garbage Truck submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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