Vacuum Truck Market Report by Product Type (Dry and Liquid Suctioning, Liquid Suctioning), Application (Industrial, Excavation, Municipal, General Cleaning, Others), Fuel Type (Electric, ICE), Regions and Company Analysis 2024-2032

Vacuum Truck Market Outlook

Renub Research forecasts that the Global Vacuum Truck Market will grow from US$ 1.76 Billion in 2023 to US$ 3.11 Billion by 2032. They also predict a Compound Annual Growth Rate (CAGR) of 6.53% from 2024 to 2032.

The vacuum truck market has grown and become more diverse in recent years. These flexible vehicles are discovered in lots of industries, like manufacturing, where they do important jobs. They clean gutters, sanitize sewers, collect stormwater, and competently take care of substances all through hydro excavation. Vacuum vans use a combination of vacuum, water, and tanks to move mixtures at different speeds, helping control wet substances like slurry. Because they're essential for waste control, vacuum vans are critical in many industries.

Global Vacuum Truck Market Trends

The increasing demand for efficient waste elimination and disposal techniques is one of the critical drivers of the global vacuum truck market. As populations develop and urbanization increases, the amount of waste generated also increases. Traditional waste elimination techniques, including landfilling, have become less sustainable because of restrained landfill space and environmental concerns. Vacuum vehicles offer a practical and secure waste elimination method for various municipal, environmental, construction, and business industries. Vacuum trucks can handle multiple materials, like solids, liquids, and sludge. They can also transport unsafe waste safely, making them an appealing alternative for industries that generate hazardous waste.

Moreover, the emphasis on sustainability and waste reduction across numerous industries has led to using vacuum vans in recycling and waste-to-electricity initiatives. Vacuum trucks facilitate gathering and transporting recyclable substances or waste appropriate for energy conversion, like biomass or biogas. They collect recyclables, including paper, plastic, and glass, from residential or commercial areas and transport them to recycling centers. This efficient system allows recycling facilities to deal with large volumes of materials, diminishing landfill waste and driving the global vacuum truck market.

Meanwhile, the Asia Pacific area offers vacuum truck enterprises beneficial growth possibilities because of fast industrialization. The growing demand for vacuum vehicles in commercial cleaning in the location also fuels the increase in the vacuum truck market. As municipal corporations allocate more funds towards sewer protection, the demand for vacuum trucks for extensive liquid and sludge cleansing is rising, driving business growth and drastically contributing to the global vacuum truck market growth.

Global vacuum truck market might see dominance from liquid and dry suctioning products

Liquid and dry suctioning products could dominate the global vacuum trucks market. This is due to their versatility in handling various waste types. These trucks acquire liquid and solid substances, making them imperative in multiple industries like sanitation, production, and oil spill cleanup. Their potential to successfully suction and deliver different waste streams, from sewage and sludge to hazardous substances, positions them as essential assets for waste management, driving their prominence in the vacuum truck market.

Industrial sector has established itself as a prominent player in the vacuum truck market

The industrial sector has emerged as one of the significant players in the vacuum truck market. This is due to its diverse and extensive waste management needs. Manufacturing, petrochemicals, and construction industries generate massive volumes of liquid and solid waste, including hazardous substances and by-products. Vacuum trucks provide an efficient answer for dealing with and transporting such waste, ensuring compliance with environmental policies, and retaining operational efficiency. Their versatility in tackling various waste types and capability to access remote or constrained spaces make vacuum trucks a vital property for business waste management, driving their extensive presence in the global vacuum truck market.

Global vacuum truck market is expected to grow, particularly in the electric segment

The electric type is anticipated to experience growth in the global vacuum truck market. This is due to the increasing emphasis on sustainability and environmental regulations. Electric vacuum trucks offer decreased emissions compared to their diesel counterparts, aligning with efforts to reduce environmental effects. Also, advancements in battery technology have stepped forward the overall performance and range of electric vehicles, making them more viable for heavy-duty applications consisting of waste control. As industries seek efficient solutions, the electrical type is poised to gain traction, propelling its increase in the vacuum truck market.

United States could maintain a noteworthy portion of the global vacuum truck market

The United States might hold a significant global vacuum truck market share. Its large business sector generates substantial waste, necessitating efficient waste control solutions provided by vacuum trucks. Additionally, stringent environmental guidelines drive the demand for superior waste-handling equipment. The United States' robust infrastructure and massive community of industries, including manufacturing, petrochemicals, and production, contribute to its prominence within the market. With a focus on environmental sustainability and operational performance, the United States remains crucial in driving innovation and global vacuum truck market growth.

Key Players

Kanematsu Engineering Co. Ltd., CappellottoS.p.a., DISAB Vacuum Technology AB, Fulongma Group Co. Ltd., GapVax, Keith Huber Corporation, Koks Group B.V., and Sewer Equipment Company of America are among the key participants in the global vacuum truck market.

• In March 2022 – Vac-Con, Inc. revealed its acquisition of the assets of PEIRCE-EAGLE EQUIPMENT COMPANY, a move expected to bolster the company's presence and broaden its reach.

Product Type – Global Vacuum Truck Market breakup in 2 viewpoints:

1.    Dry and Liquid Suctioning
2.    Liquid Suctioning

Application – Global Vacuum Truck Market breakup in 5 viewpoints:

1.    Industrial
2.    Excavation
3.    Municipal
4.    General Cleaning
5.    Others

Fuel Type – Global Vacuum Truck Market breakup in 2 viewpoints:

1.    Electric
2.    ICE

Country – Global Vacuum Truck Market breakup of 25 Countries Covered in the Report:

1.    North America

1.1    United States
1.2    Canada

2.    Europe

2.1    France
2.2    Germany
2.3    Italy
2.4    Spain
2.5    United Kingdom
2.6    Belgium
2.7    Netherlands
2.8    Turkey

3.    Asia Pacific

3.1    China
3.2    Japan
3.3    India
3.4    South Korea
3.5    Thailand
3.6    Malaysia
3.7    Indonesia
3.8    Australia
3.9    New Zealand

4.    Latin America

4.1    Brazil
4.2    Mexico
4.3    Argentina

5.    Middle East & Africa

5.1    Saudi Arabia
5.2    UAE
5.3    South Africa

All the Key players have been covered from 3 Viewpoints:

•    Overview
•    Recent Development
•    Revenue Analysis

Company Analysis:

1.    Fulongma Group Co. Ltd.
2.    Kanematsu Engineering Co. Ltd.
3.    Cappellotto S.p.A.
4.    DISAB Vacuum Technology AB
5.    GapVax
6.    Keith Huber Corporation
7.    Koks Group B.V.
8.    Sewer Equipment Co. of America

Report Details: