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Global Hydraulic Vacuum Excavation Service Market Research Report 2023

06-30-2023 07:48 AM CET | Industry, Real Estate & Construction

Press release from: Valuates Reports

Global Hydraulic Vacuum Excavation Service Market Research

The global Hydraulic Vacuum Excavation Service market was valued at US$ 5902.8 million in 2022 and is anticipated to reach US$ 7951.1 million by 2029, witnessing a CAGR of 5.1% during the forecast period 2023-2029.

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Hydraulic Vacuum Excavation is a soil removing service. Instead of mechanical tools, the process uses pressurized water to create a dirt slurry. The Hydraulic Vacuum Excavation Service industry can be broken down into several segments, Vehicle or Equipment Rental Only, Contract Service, etc. Across the world, the major players cover Badger, PowerTeam Services(Artera Services), Veolia Group, Remondis, Suction Excavator Solutions, Rangedale, McVac Environmental, VAC Group, Performance Contracting Group, JR Jensen, etc.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of Hydraulic Vacuum Excavation Service include Badger, PowerTeam Services(Artera Services) and Veolia Group, etc. Global top three manufacturers hold a share nearly 20%. North America is the largest market of Hydraulic Vacuum Excavation Service, with a share nearly 40%, followed by Europe and Asia-Pacific.

Segment by Type
Vehicle or Equipment Rental Only
Contract Service

Segment by Application
Oil and Gas
Construction
Municipal
Others

By Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia) Rest of Europe
Nordic Countries
Asia-Pacific (China, Japan, South Korea)
Southeast Asia (India, Australia)
Rest of Asia
Latin America (Mexico, Brazil)
Rest of Latin America
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)

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