Press release
Organic Growth To Be The Center-Point Of Water Truck Market
Water Truck Market: IntroductionWater trucks are vehicles used for transporting water in a large tank which are attached with hydraulic systems with controlled spray nozzles. Water trucks serve different purposes across various industries and are specially designed for water transportation. Three vital components of the water truck are: a rig beside the driver seat to control the water flow and quantity, a big tank to hold the water along with spray nozzles and a pumping equipment.
Construction sector is also said to be a significant end user of water for slurry and concrete formation on job sites which requires perennial supply of water. To aid the process, water trucks have been employed at a significant rate wherein periodic trips per day are planned between the service provider and the customer. Due to insufficient supply of fresh drinking water in some regions, end users solely depend on water truck supplies. Modern water trucks are more sophisticated than the conventional vehicles which has gained them popularity in the mining as well as other industries. The features include: larger tanks, safety ladders, structural I-beams for improved stability, high-tech spray nozzles, rugged-off road tires for uneven grounds.
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Connected car and electrification are the running trends in the automotive vertical. Electric vehicles are the talk of the emerging markets as well. Also, revolution on the part of after-sales is expected. This comes in light of call for certainty. Also, there would be a paradigm shift to computing power (from horsepower). In other words, automakers are needed to re-invent themselves in the form of digital company.
Automotive digital retail would be another form of organized automotive market. Contract durations would also be flexible. Easier vehicle swapping would be turning the tide in the favour of consumers. Persistence Market Research is looking through every facet of the automotives vertical through its dedicated team of analysts and consultants.
Water Truck Market: Dynamics
Supply of water in isolated areas, faster water delivery in case of emergency are the major benefits of using water trucks. Increased rate of irrigation in farming due to scanty rate of rainfall in some regions is scaling up the use of water trucks. Mining requires dust suppression in order to maintain healthy air quality, making water trucks paramount in the industry. Firefighting operations in forests and other places create outrageous demand for water trucks. Construction industry, especially road construction requires a large amount of water supply which is fulfilled by suppliers through water trucks.
Lack of quality control in distribution or transportation of domestic water, in addition to the slow and costly affair are troubling factors for the market growth. Environmental impacts caused by harnessing water resources adds more to the concern. High labor costs and time delays in peak periods are another withdrawing factors for the market. Certain manufacturers, for example Klein are providing innovative solutions for water trucks such as trap tanks which improves safety in mobile water trucks, smart control an ergonomic and easy to install way of controlling pump functionality.
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Water Truck Market: Segmentation
By end use
Mining
Construction
Agriculture
Firefighting
Potable Water Supply
Household
Commercial
By truck type
Highway
Off Road
By tanker capacity
Below 6,000lt
6,000-20,000lt
Above 20,000lt
Water Truck Market: Regional Outlook
Countries such as India and China are expected to drive the growth engine of water truck market. Mining and agriculture are among other industries which are necessitating the growth of water truck market, in Asia Pacific. American construction industry, considering North as well as Latin America has a higher growth rate than any other region.
In addition to that, rising demand of transportation of potable water is expected to boost the water truck market. Japan is expected to show fair growth in the water truck market. In Western Europe, U.K. is expected to boom surpassing Germany in the water truck market owing to the high growth in construction industry in the recent years. Middle East and Africa, on account of low availability of usable water (both potable and household use) is expected to magnify the market growth.
Water Truck Market: Key Players
Some of the key players in the global water truck market are:
Knapheide
Allquip Water Trucks
McLellan Equipment
United Truck & Equipment, Inc.
Niece Equipment LP
Jensen Water Trucks
CEEC Trucks Industry Co. Ltd.
Valew
Klein Product Inc.
GROUND FORCE WORLDWIDE
The research report on the Water Truck market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Water Truck market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, and sales channel.
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