Press release
Major Force in the eRefuse Truck (Electric Garbage Handling Trucks) Market 2025: Rising Waste Management Awareness Drives Growth In The eRefuse Truck Market
eRefuse Truck (Electric Garbage Handling Trucks) Market Size
The market size of the erefuse truck (electric garbage handling trucks) has seen a significant surge in recent times. Anticipated to rise from a value of $1.62 billion in 2024 to $2.05 billion in 2025, it's set to experience a compound annual growth rate (CAGR) of 26.6%. This historic period's growth can be traced back to factors like environmental implications and sustainability, an escalating requirement for efficient waste management strategies, the emergence of alternative fuels, a surge in the popularity of electric and compressed natural gas (CNG) powered vehicles, and an increase in automation in commercial vehicles.
Expectations are set for the erefuse truck (electric garbage handling trucks) market to display phenomenal expansion in the years ahead. The anticipation is that it will reach $5.07 billion by 2029, with a compound annual growth rate (CAGR) of 25.4%. Rational reasons for this projected growth in the forecast period include the rising uptake of electric garbage trucks, amplified cognizance of climate change, and the burgeoning demand for environmentally-friendly solutions. An accelerated rate of urbanization along with government regulations and incentives also contribute to this growth. Notable trends predicted within the duration of this projection are technological enhancements, improvements in electric truck technology, breakthroughs in battery technology, intelligent waste management systems, and developments in hydrogen fuel cell technology.
What Key Elements Are Boosting Growth in the eRefuse Truck (Electric Garbage Handling Trucks) Market?
The growing consciousness towards waste management is set to accelerate the progression of the eRefuse truck (electric garbage handling trucks) market. Waste management encompasses the organized gathering, transport, disposal, and reusing of waste products to mitigate their impact on the environment and human health. This growing consciousness is attributed to advocating proper waste disposal habits, endorsing sustainable measures, enhanced economic output, and lessening environmental and health consequences. eRefuse trucks (electric garbage handling trucks) boost waste management by offering an environmentally friendly alternative for waste collection and transportation, thus lowering carbon emissions and operational expenses. For instance, a report from the United Nations Environment Programme (UNEP), a Kenya-based entity responsible for coordinating environmental issue responses, revealed in February 2024 that 2.1 billion metric tons of municipal solid waste was generated in 2023. This is projected to escalate to 3.8 billion metric tons by 2050. Hence, the growing consciousness towards waste management bolsters the eRefuse truck (electric garbage handling trucks) market's growth.
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Who Are the Major Industry Players Fueling eRefuse Truck (Electric Garbage Handling Trucks) Market Expansion?
Major companies operating in the eRefuse truck (electric garbage handling trucks) market are Mercedes-Benz Group, BYD Company Limited, Daimler Truck Holding AG, Volvo Group, Isuzu Motors Limited, Scania CV AB, Oshkosh Corporation, VDL Groep, Dover Corporation, Autocar LLC, Mack Trucks Inc., Peterbilt Motors Company, Battle Motors Inc., Nikola Corporation, E-Z Pack Manufacturing LLC, Labrie Enviroquip Group, New Way Community SA, Capacity Trucks Inc., Alke' Srl, McNeilus Truck & Manufacturing Inc.
What Are the Major Trends Shaping the eRefuse Truck (Electric Garbage Handling Trucks) Market?
Prominent enterprises in the eRefuse truck (electric garbage disposal trucks) industry are innovating fully electric trash disposal trucks to deliver environmentally friendly waste disposal solutions, lower greenhouse gas emissions, and cater to the rising need for sustainable urban conveyance. These wholly electric e-tech refuse trucks are waste collection vehicles operating solely on electricity, removing the use of conventional fuels and lessening ecological harm. For example, in March 2023, a UK government authority, Enfield London Borough Council, initiated the inaugural fully electric refuse truck, named the Renault E-Tech D Wide. This represents a substantial stride towards green sustainability. This substantial 26-tonne vehicle has a low-entry cab and a back steer axle for enhanced flexibility in cityscapes. It's powered by four lithium-ion batteries and operates on two AC synchronous electric motors, offering up to 370 kW of peak power, 260 kW of sustained power, and a top torque of 850 Nm. The truck can cover between 50 and 100 miles per day based on operational requirements and will be primarily allocated to collecting waste and cleaning roads in the Enfield Borough of London.
How Is the Segmentation of the eRefuse Truck (Electric Garbage Handling Trucks) Market Defined?
The erefuse truck (electric garbage handling trucks) market covered in this report is segmented -
1) By Type: Front Loader; Rear Loader; Side Loader
2) By Application: Refuse Body; Vehicle Chassis
3) By End User: Municipal; Industrial
Subsegments:
1) By Front Loader: Fully Electric Front Loader Trucks; Electric Front Loader Trucks For Urban Areas; Heavy-Duty Electric Front Loaders; Compact Electric Front Loaders; Automated Electric Front Loader Trucks; Electric Front Loaders For Recycling Collection
2) By Rear Loader: Fully Electric Rear Loader Trucks; Automated Electric Rear Loaders; Electric Rear Loaders For Commercial Waste Collection; Heavy-Duty Electric Rear Loaders; Electric Rear Loaders For Residential and Municipal Use; Rear Loader Trucks With Smart Waste Management Systems
3) By Side Loader: Fully Electric Side Loader Trucks; Electric Side Loaders For Residential Use; Automated Electric Side Loaders; Compact Electric Side Loaders For Narrow Streets; Electric Side Loaders With Dual Collection Capabilities; Heavy-Duty Electric Side Loaders For Industrial Waste
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What Is the Leading Region in the eRefuse Truck (Electric Garbage Handling Trucks) Market?
Asia-Pacific was the largest region in the eRefuse truck (electric garbage handling trucks) market in 2024. The regions covered in the eRefuse truck (electric garbage handling trucks) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The eRefuse Truck (Electric Garbage Handling Trucks) Global Market Report?
- Market Size Analysis: Analyze the erefuse truck (electric garbage handling trucks) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the erefuse truck (electric garbage handling trucks) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall erefuse truck (electric garbage handling trucks) market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the erefuse truck (electric garbage handling trucks) market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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