Electric Waste Collection Trucks Market Insights 2025-2034: Growth Forecast and Strategic Priorities

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Electric Waste Collection Trucks Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the recent years, the market size for electric waste collection trucks has seen exponential growth. From 2024 to 2025, the market value will expand from $0.21 billion to $0.25 billion, exhibiting a compound annual growth rate (CAGR) of 20.8%. The surge during the historical period stems from factors such as stricter environmental laws, escalating fuel expenses, the expansion of urban areas, the imperative to lower emissions, and governmental support for eco-friendly technology.

Electric Waste Collection Trucks Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations suggest a surge in the market size of electric waste collection trucks in the upcoming years, elevating to approximately $0.52 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 20.4%. The growth predicted for the forecast period can be credited to the widespread charging infrastructure, the rise of smart city initiatives, increased government monetary support for eco-friendly projects, growing financial benefits from electric vehicles, and ongoing expansion in the needs of municipal and commercial waste management. Integral trends for the anticipated period comprise the incorporation of self-driving technology, improved energy storage solutions, the growth of electric vehicle fleets, the utilization of advanced waste sorting systems and the innovation of quicker and more proficient charging technologies.

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What Are the Drivers Transforming the Electric Waste Collection Trucks Market?
The surge in waste production is anticipated to fuel the expansion of the electric waste collection truck market. Waste production is associated with the creation of waste materials as a result of human activities, from residential to industrial and commercial. The escalating rates of urbanization, which prompt demand for disposable goods and quick technological progress, results in a rise in electronic waste. Electric waste collection trucks aid in curbing waste production through minimizing emissions and noise, and reducing operating costs, making waste management more sustainable. For example, a report released in February 2024 by the United Nations Environment Programme (UNEP), an international organization located in Kenya, predicts that municipal solid waste will increase from 2.1 billion metric tons in 2023 to 3.8 billion metric tons by 2050. Therefore, the escalating waste production is spurring the growth of the electric waste collection truck market.

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What Long-Term Trends Will Define the Future of the Electric Waste Collection Trucks Market?
Key players in the electric waste collection truck market, such as Grundon Waste Management Ltd., are focusing their efforts on creating innovative solutions that enhance operational efficiency while minimizing environmental harm. This includes the development and implementation of battery-powered, all-electric waste collection vehicles that eliminate emissions and noise pollution, and improve energy efficiency, setting a new standard for waste management equipment. In November 2023, Grundon Waste Management Ltd. launched an all-electric Scania waste collection truck, the first of its kind in the UK, providing zero-emission waste collection services in Reading and Newbury. As part of this initiative, two electric vehicles have been introduced, with one operating in London and Thames Valley from Colnbrook and the other stationed in Bristol. Intriguingly, these electric waste collection trucks are powered by electricity generated from the waste they collect, thanks to Grundon's Energy from Waste (EfW) facility, paving the way for sustainable operations. In addition to this, Grundon is researching the potential use of alternative fuels such as hydrogen and hydrotreated vegetable oil (HVO), with the goal of further decreasing the company's environmental footprint and enhancing urban air quality.

Which Segments in the Electric Waste Collection Trucks Market Offer the Most Profit Potential?
The electric waste collection trucksmarket covered in this report is segmented -

1) By Type: Rear Loader Trucks, Side Loader Trucks, Front Loader Trucks, Automated Side Loader Trucks, Mini Electric Trucks, Hybrid Electric Trucks
2) By Loading Capacity: Less Than 500 Kg, 500 To 800 Kg, More Than 800 Kg
3) By End Use: Municipal Garbage, Industrial Garbage, Other End Uses

Subsegments:
1) By Rear Loader Trucks: Standard Rear Loader Trucks, Compaction Rear Loader Trucks, Customizable Rear Loader Trucks
2) By Side Loader Trucks: Automated Side Loader Trucks, Manual Side Loader Trucks, Dual-Stream Side Loader Trucks
3) By Front Loader Trucks: Standard Front Loader Trucks, Heavy-Duty Front Loader Trucks, Multi-Purpose Front Loader Trucks
4) By Automated Side Loader Trucks: Fully Automated Side Loaders, Semi-Automated Side Loaders, Advanced Navigation Automated Side Loaders
5) By Mini Electric Trucks: Compact Mini Trucks, Medium-Sized Mini Trucks, Specialized Mini Trucks for Urban Areas
6) By Hybrid Electric Trucks: Parallel Hybrid Trucks, Series Hybrid Trucks, Plug-in Hybrid Trucks

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Which Firms Dominate the Electric Waste Collection Trucks Market by Market Share and Revenue in 2025?
Major companies operating in the electric waste collection trucks market are Ford Motor Company, Hyundai Motor Company, Tesla Inc., BYD Company Limited, Volvo Trucks Corporation, PACCAR Inc., Isuzu Motors Limited, Scania AB, Iveco S.p.A., Hino Motors Ltd., MAN Truck & Bus SE, Navistar International Corporation, Rivian Automotive Inc., Mack Trucks Inc., E-One Inc., Transpower Inc., Proterra Inc., Dennis Eagle Ltd., Mercedes-Benz Group AG, Lion Electric Co., Greesinknorba B.V., Eicher Trucks and Buses Limited, Curbtender Inc., Bollinger Motors Inc., Wrightspeed Inc.

Which Regions Offer the Highest Growth Potential in the Electric Waste Collection Trucks Market?
North America was the largest region in the electric waste collection trucks market in 2024. The regions covered in the electric waste collection trucks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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