Press release
Street Sweeper Machine Market Forecast 2022-2031 - Market Size, Drivers, Trends, And Competitors
The Europe street sweeper machine market has witnessed substantial growth in recent years, driven by factors such as urbanization, increased emphasis on cleanliness, and infrastructure development initiatives. This article presents insights from the latest market analysis report by Transparency Market Research, shedding light on key trends, innovations, and regional dynamics shaping the Europe street sweeper machine market outlook up to 2031.In 2021, the Europe street sweeper machine market was valued at US$ 1,809.7 million and is estimated to grow at a CAGR of 4.3% from 2022 to 2031, reaching US$ 2,753.7 million by the end of 2031. Street sweeper machines play a vital role in maintaining cleanliness in urban and industrial settings, including roads, highways, parking spaces, and airports. The market encompasses various types of sweepers, including mechanical broom sweepers, regenerative-air sweepers, and vacuum sweepers.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84828
Key Players and Market Developments
Diversification of product portfolios and mergers & acquisitions are important strategies adopted by key players. Key vendors in the street sweeper machine market are striving to launch new products in the market. They are focusing on easing the functionality of such machines. Alamo Group Inc, Alfred Kรคrcher SE & Co. KG, Fayat Group, REV Group, Inc, Global Environmental Products, Inc, Bucher Industries AG, Piquer Hermanos, S.A Hako Machines Ltd, Aebi Schmidt Group, and BROCK Kehrtechnik Gmbh are the prominent entities operating in this market.
Driving Forces:
Urbanization and Cleanliness Awareness: The surge in urbanization and heightened awareness about cleanliness, especially during the COVID-19 pandemic, are driving the demand for street sweeper machines. Municipalities and local authorities are increasingly investing in street cleaning equipment to maintain cleanliness in urban areas.
Infrastructure Development: The growth in infrastructure development projects, such as roadways, highways, and residential complexes, is fueling the demand for street sweeper machines. Countries like Germany, Italy, and the U.K. are witnessing significant investments in infrastructure, driving market growth.
Shift Towards Eco-Friendly Solutions: The enactment of stringent regulations related to CO2 emissions has led to a rise in demand for electric street sweeper machines in Europe. Manufacturers are focusing on developing eco-friendly models to meet regulatory requirements and cater to growing environmental concerns.
Market Dynamics:
Product Innovation: Leading companies in the Europe street sweeper machine market are investing in research and development activities to introduce innovative models, including autonomous sweepers and hydrogen-powered machines, to gain a competitive edge and capitalize on emerging opportunities.
Preference for Mechanical Broom Sweepers: Mechanical broom sweepers are expected to dominate the market due to their efficiency in consuming less fuel and lower operational costs. However, vacuum sweepers are witnessing significant growth, driven by their high suction technology and effectiveness in removing dust particles.
Propulsion Preferences: While diesel/petrol-powered sweepers currently hold the largest market share, there is a growing trend towards electrically powered machines due to their eco-friendliness and lower carbon emissions. Electric street sweeper machines are projected to witness the fastest growth during the forecast period.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=84828<ype=S
Regional Outlook:
Germany: Germany leads the Europe street sweeper machine market, driven by the country's strong spending capacity on advanced sweepers. Mobile sweepers, vacuum machines, and regenerative air sweepers are in high demand in Germany.
Italy and the U.K.: These countries are expected to experience significant growth in demand for street sweeper machines, fueled by extensive usage of public transportation systems in urban areas.
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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Transparency Market Research Inc.
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