Press release
Rising Waste Management Awareness Drives Growth In The eRefuse Truck Market Driver: A Major Catalyst in the Evolution of the eRefuse Truck (Electric Garbage Handling Trucks) Market in 2025
Which drivers are expected to have the greatest impact on the over the erefuse truck (electric garbage handling trucks) market's growth?The increasing cognizance of waste management is projected to drive the expansion of the eRefuse truck (electric garbage handling trucks) market in the coming years. Waste management involves the orderly gathering, transport, disposal, and recycling of waste materials to lessen their effects on the environment and human health. The growth in waste management awareness can be credited to the promotion of correct waste disposal habits, fostering sustainable practices, boosted economic performance, and lessening impacts on the environment and health. eRefuse trucks (electric garbage handling trucks) amplify waste management effectiveness by offering an environmentally friendly method of collecting and carrying waste, which in turn lowers carbon emissions and operational expenses. For example, a report released by the United Nations Environment Programme (UNEP) in February 2024 stated that the generation of municipal solid waste was 2.1 billion metric tons in 2023. This figure is predicted to inflate to 3.8 billion metric tons by 2050. Thus, this increased comprehension of waste management is fueling the expansion of the eRefuse truck (electric garbage handling trucks) market.
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What is the future CAGR of the erefuse truck (electric garbage handling trucks) market, and how will it impact industry expansion?
The market size for erefuse trucks, also known as electric garbage handling trucks, has seen significant expansion in recent years. The market is projected to rise from $1.62 billion in 2024, to $2.05 billion in 2025, representing a compound annual growth rate (CAGR) of 26.6%. This historic growth trend can be ascribed to factors like environmental consciousness and sustainability, the growing demand for efficient waste management solutions, inclination towards alternative fuels, a surge in the preference for electric and compressed natural gas (CNG) powered vehicles, and a rise in automation in commercial vehicles.
The market for erefuse trucks (electric waste management vehicles) is projected to expand significantly in the upcoming years. An estimated growth to $5.07 billion by 2029 is expected, with an annual compounded growth rate (CAGR) of 25.4%. This predicted expansion during the forecast period can be ascribed to factors like escalating acceptance of electric garbage trucks, heightened consciousness about global warming, surging demand for environmentally friendly alternatives, rapid urbanization, and government Regulations and Incentives. Key trends for the forecast period include technological progress, improved electric truck technology, advancements in battery technology, intelligent waste management systems, and the advent of hydrogen fuel cell technology.
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What new trends are reshaping the erefuse truck (electric garbage handling trucks) market and its opportunities?
Key players in the eRefuse truck market, which comprises electric garbage collection vehicles, are innovating fully electric e-tech refuse trucks. These advancements aim to present eco-friendly waste management options, decrease carbon footprints, and cater to the growing need for sustainable city transport. These fully electric e-tech refuse trucks are garbage trucks that run solely on electricity, thereby eliminating conventional fuel use and minimising environmental harm. In March 2023, a significant step toward sustainability was taken by the Enfield London Borough Council, a government agency in the UK. They introduced the first fully electric refuse truck, the Renault E-Tech D Wide. This 26-ton vehicle boasts a low-entry cab and a rear-steer axle, enhancing its agility in urban settings. The truck, powered by four lithium-ion batteries and running on two AC synchronous electric motors, delivers a maximum of 370 kW peak power, 260 kW of regular power, and a maximum torque of 850 Nm. Depending on the operational requirements, the truck has a daily range of 50 to 100 miles and is mainly tasked with waste collection and street cleaning in the Borough of Enfield, London.
Which key market segments comprise the erefuse truck (electric garbage handling trucks) market and drive its revenue growth?
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 regions are at the forefront of erefuse truck (electric garbage handling trucks) market expansion?
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.
Who are the leading players fueling growth in the erefuse truck (electric garbage handling trucks) market?
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.
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What Is Covered In The eRefuse Truck (Electric Garbage Handling Trucks) Global Market Report?
•Market Size Forecast: Examine the erefuse truck (electric garbage handling trucks) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the erefuse truck (electric garbage handling trucks) market for a structured understanding.
•Key Players Overview: Analyze major players in the erefuse truck (electric garbage handling trucks) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the erefuse truck (electric garbage handling trucks) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the erefuse truck (electric garbage handling trucks) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the erefuse truck (electric garbage handling trucks) market.
•Industry Challenges: Identify potential risks and obstacles affecting the erefuse truck (electric garbage handling trucks) market.
•Competitive Landscape: Review strategic developments in the erefuse truck (electric garbage handling trucks) market, including expansions, agreements, and new product launches.
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