Press release
Prominent Electric Garbage Van Market Trend for 2025: Advancements In Electrified Transportation Technology
Electric Garbage Van Market Size
The growing adoption of emission-free vehicles is expected to drive the growth of the electric garbage van market. Emission-free vehicles, particularly those powered by electricity or hydrogen, are gaining traction due to environmental benefits, government incentives, and technological advancements. Electric garbage vans, which are replacing traditional waste collection trucks, contribute to reducing emissions and operational costs. In April 2024, the Society of Motor Manufacturers and Traders reported that the number of battery electric vehicles in the UK surged by 47.3% compared to the previous year, indicating growing adoption of zero-emission vehicles, which will drive growth in the electric garbage van market.
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What Is the projected market size and growth rate for the electric garbage van market?
The electric garbage van market has seen rapid growth in recent years. It is projected to grow from $0.7 billion in 2024 to $0.79 billion in 2025, achieving a CAGR of 13.4%. The past market expansion has been driven by stricter environmental regulations, increasing urbanization, rising fuel costs, government incentives for clean energy vehicles, and growing public awareness of sustainability.
The electric garbage van market is set for rapid growth over the next few years. It is estimated to reach $1.29 billion by 2029, growing at a CAGR of 13.0%. This growth will be supported by the expansion of charging infrastructure, the increasing adoption of smart city initiatives, evolving emission regulations, advancements in sustainable waste management practices, and improvements in battery capacity and energy density. Prominent trends in this sector include developments in battery technology, the rise of smart waste collection systems, expansion of public and private charging networks, demand for modular and customizable electric garbage vans, and infrastructure development.
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What new trends are reshaping the electric garbage van market and its opportunities?
In the electric garbage van market, companies are adopting all-electric waste collection vehicles to reduce emissions and operational costs. For example, in July 2023, Grundon Waste Management introduced the UK's first all-electric waste collection vehicle, a Scania model. This zero-emission vehicle is powered by electricity generated from the waste it collects, promoting sustainable waste management and reducing urban pollution.
What major market segments define the scope and growth of the electric garbage van market?
The electric garbage vanmarket covered in this report is segmented -
1) By Product Type: Garbage Tipper, Garbage Cycle eRikshaw, Battery Electric Van, Other Product Types
2) By Loading Capacity: Less Than 500 Kg, 500 To 800 Kg, More Than 800 Kg
3) By End User: Commercial Garbage Van, Industrial Garbage Van, Other End Users
Subsegments:
1) By Garbage Tipper: Small Garbage Tipper, Medium Garbage Tipper, Large Garbage Tipper, Rear-Loader Garbage Tipper, Side-Loader Garbage Tipper
2) By Garbage Cycle eRickshaw: Manual Garbage Cycle eRickshaw, Electric Garbage Cycle eRickshaw, Cargo Capacity Variants, Customized Designs
3) By Battery Electric Van: Light-Duty Electric Van, Medium-Duty Electric Van, Heavy-Duty Electric Van, Refrigerated Electric Van, Chassis Cab Electric Van
4) By Other Product Types: Electric Compactors, Electric Street Sweepers, Electric Waste Collection Bins, Electric Waste Segregation Systems
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Which region dominates the electric garbage van market?
Asia-Pacific was the largest region in the electric garbage van market in 2024. The regions covered in the electric garbage van market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the electric garbage van industry growth?
Major companies operating in the electric garbage van market are Mercedes-Benz, Hyundai Motor Company, Tesla Inc., Daimler Trucks, Groupe Renault, Scania Group, Mitsubishi Motors, Iveco Group Company, Hino Motors, MAN Truck & Bus, Oshkosh Corporation, Corporation, Heil Co., Kirchhoff Group, Peterbilt, McNeilus, Proterra, Lion Electric, Autocar Trucks, Bridgepart Truck Manufacturing, GreenPower Motor Company, Bollinger Motors, Curbtender, Cenntro Automotive, Workhorse Group
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What Is Covered In The Electric Garbage Van Global Market Report?
•Market Size Forecast: Examine the electric garbage van market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the electric garbage van market for a structured understanding.
•Key Players Overview: Analyze major players in the electric garbage van market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electric garbage van market.
•Segment Contributions: Evaluate how different segments drive overall growth in the electric garbage van market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electric garbage van market.
•Industry Challenges: Identify potential risks and obstacles affecting the electric garbage van market.
•Competitive Landscape: Review strategic developments in the electric garbage van market, including expansions, agreements, and new product launches.
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