Vacuum Truck Market Is Poised To Amplify At A CAGR Of 6.8% Over 2022-2030

The global vacuum truck market is presently valued at USD 1.22 billion and is poised to amplify at a CAGR of 6.8% over 2022-2030, thereby amassing a valuation of USD 1.93 billion by end of the assessment timeline.

A hoover truck is a type of vehicle used for collecting and moving liquid trash, sludge and slurries. It is made up of an inline filter, a debris reception tank, and a vacuum source (a vacuum pump or blower). The pneumatic transport (air movement) principle underlies the operation of a dry and liquid suctioning vacuum truck (or super sucker). The holding tank is devoid of air thanks to a vacuum pump, which causes a vacuum inside. When the primary and secondary shutdown valves are opened on suction, the pressure inside the tank equalises. The hoover can pull items like trash or liquid waste into the tank because of the pressure there. Some hoover trucks come with an attachment for a pressurised water hose.

A vacuum truck is a vehicle with a vacuum pump, an inline filter, and a tank for collecting and transporting garbage, sludge, and other significant amounts of liquid waste in municipal applications. They are also employed in other sectors, including manufacturing, the automotive, and construction. Through effective hydro-exhuming and vacuum frameworks, vacuum trucks are useful for cleaning and disinfecting tidal ponds, tanks, and city water infrastructure. Vacuum vehicle manufacturing is increasingly using cutting-edge materials like carbon fibre and Kevlar. Vacuum trucks consume less petrol and are easier to manoeuvre because these materials are strong and lightweight.

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Global Vacuum Truck Market- Key trends
Rising environmental awareness among the masses to aid industry expansion
The prompt industrialization and urbanization has resulted in an increased amount of waste generation. This in turn is contributing to the growing pollution levels across the globe, thereby causing various ailments among humans and animals. Hence, various nations are adopting efficient waste management procedures and equipment to reach their sustainability goals. These factors are adding momentum to the market development.

Growing demand for industrial cleaning applications to bolster market progression
Various companies are adopting advanced cleaning applications to facilitate efficient waste management. Firms pertaining to the manufacturing and construction sector are taking several measures to deal with dry and wet industrial slurries and sludges. This in turn has elevated the demand for vacuum trucks for industrial cleaning applications.

Global Vacuum Truck Market- Segmental assessment
By Product Type
• Dry and Liquid Suctioning
• Liquid Suctioning
The liquid suctioning segment is expected to garner significant returns over the forecast duration of 2022-2030. This is ascribed to the increasing number of water management projects and growing instances of liquid-based suctioning across industrial, commercial, and oil sectors.

By Application
• Industrial
• Excavation
• Municipal
• General Cleaning
• Others
The industrial segment is poised to amass notable gains over 2022-2030 due to the widespread industrialization and the growing demand for the efficient cleaning of municipal waste materials.

By Fuel Type
• Electric
• ICE
The electric segment is likely to expand with a high CAGR over the estimated timeline due to the operational efficacy and energy efficiency of electric based vacuum trucks.

Global Vacuum Truck Market- Geographical landscape
North America, Middle East & Africa, Europe, Asia Pacific, and South America are the major regions defining the geographical terrain of this business vertical. Among these, North America is projected to amplify with a substantial CAGR over 2022-2030. This is credited to the widespread industrialization, adoption of efficient waste management techniques, and growing environmental cognizance of the masses.

Global Vacuum Truck Market- Competitive intelligence
The prominent players characterizing the competitive gamut of this marketplace are Fеdеrаl Ѕіgnаl, Ѕеwеr Еquірmеnt, GарVах, Vас-Соn, Кеіth Нubеr, Ѕuреr Рrоduсtѕ, Vасаll Іnduѕtrіеѕ, Lеdwеll, Ні-Vас, Сарреllоttо, К&Е, КОКЅ, Rіvаrd, Dіѕаb, Неlі, Аеrоѕun, Сhеnglі, Supervac, Safety-Kleen, Fоtоn, and Others.
Notably, in March 2022, PEIRCE-EAGLE EQUIPMENT COMPANY was acquired by Vac-Con. Inc., with an aim to amplify the latter's global footprint.

Key segments reported-
• By Product Type (Dry and Liquid Suctioning)
• By Application (Industrial, Excavation, Municipal, General Cleaning, and Others)
• By Fuel Type (Electric and ICE)

Major regions and countries covered-
• North America (U.S., Canada, and Mexico)
• Europe (Germany, France, U.K., Spain, Italy, and Russia)
• South America (Brazil, Argentina, and Colombia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, ASEAN, and South Korea)

Top players profiled- Fеdеrаl Ѕіgnаl, Ѕеwеr Еquірmеnt, GарVах, Vас-Соn, Кеіth Нubеr, Ѕuреr Рrоduсtѕ, Vасаll Іnduѕtrіеѕ, Lеdwеll, Ні-Vас, Сарреllоttо, К&Е, КОКЅ, Rіvаrd, Dіѕаb, Неlі, Аеrоѕun, Сhеnglі, Supervac, Safety-Kleen, Fоtоn, and Others

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Vacuum trucks, also known as vacuum tankers, are frequently used by cities to remove enormous amounts of liquid and sludge. They are typically employed to maintain sound septic and sewer systems. They can also be utilised in companies and cities to remove waste and water left over from hydro-excavation or drilling projects. Vacuum tankers are used by cities and enterprises to remove rubbish, clean the environment and maintain storage tanks. In order to prevent sewer systems from becoming overloaded, they might clear away mud and identify utility wires.

Market Trends:

One of the main factors influencing the demand for hoover trucks globally is the rising building activities in the residential, commercial and industrial spaces as a result of growing urbanisation and rising individual income levels. Additionally, the growing industrial cleaning industry, which includes cleaning tanks, vessels, and pipelines, is promoting market expansion. Additionally, the industry is being positively impacted by the rise in wastewater treatment facilities and consumer awareness of the harmful effects of contaminants. In addition, a number of governmental and non-governmental organisations (NGOs) are raising awareness of the negative effects of an increase in trash production.

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