Global Vacuum Truck market size will reach 1570 million US$ at a CAGR of 4.0% by 2025 - Valuates Reports
The global vacuum truck industry mainly concentrates in North America and Europe in terms of market value. The global leading player in this market is Federal Signal, whose revenue is $ 1148.82 million in 2017, accounts for 13.03% of total revenue market. The vacuum truck is mainly used in industrial, excavation and municipal field. The application market share of industrial and excavation is up to 64% in 2017 and it is forecasted that share will be maintain by 2023 with the increasing collaboration among rental fleet owners and vacuum truck manufacturers. Currently, a major challenge affecting the market growth is the limitation of downstream market.
As large demand of labor-efficient vehicles at home and abroad, many companies began to enter the field of labor-efficient vacuum truck industry. The widely application of vacuum truck promote the growth of customer segments and the rising demand for labor-efficient vehicles is bringing a radical change to the vacuum truck market. With increased collaboration among construction equipment manufacturers and rental fleet owners, the products are being designed as per the customer need. The rental companies form a large customer segment for the vacuum truck market. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area and the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
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A vacuum truck, also known as vacuum loader or vacuum tanker, is a tank truck with a heavy duty vacuum designed to pneumatically load solids, liquids, sludge or slurry through suction lines typically 2-4" in diameter with 3" being the norm and then transport the load to an appropriate place for disposal or re-use.
This industry study presents the global Vacuum Truck market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Vacuum Truck production, revenue and market share by manufacturers, key regions and type;
The consumption of Vacuum Truck in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Federal Signal, K&E, etc.
The study objectives are:
To analyze and research the global Vacuum Truck status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Vacuum Truck manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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The following manufacturers are covered in this report:
Vacuum Truck Breakdown Data by Type
Liquid Suctioning Only
Liquid and Dry Suctioning
Vacuum Truck Breakdown Data by Application
Vacuum Truck Production by Region
Vacuum Truck Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
In this study, the years considered to estimate the market size of Vacuum Truck :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vacuum Truck market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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