Garbage Truck Bodies Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Garbage Truck Bodies Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Garbage Truck Bodies Market

The garbage truck bodies’ market size was valued at USD 4.29 billion in 2023, and the market is now projected to grow from USD 4.44 billion in 2024 to USD 7.01 billion by 2032, exhibiting a CAGR of 5.9% during the forecast period of 2024-2032.

The body structures and outlooks of garbage trucks went through a total disruption as a result of the COVID pandemic. The breakdown of the supply chain upset the operation of factories, with a result of lack of part components. Along with this, domestic waste during lockdowns and focus on worker safety in trucks led to novel machine developments to improve cleanliness and safety for workers. Industries succeeded through use of advanced equipment for automation purposes, which led to a reduction of human contacts and rise in efficiency. To put it differently, these changes are a process that represents the gradual turn towards trucks with enhanced safety and strength that can cope with the pandemic as well as environmental problems.

Garbage truck body industry has grown over the years majorly because of urbanization and the increased waste management concern. With the city population magnified the amount of waste produced also increased and eventually conducted the requirement for more effective and sophisticated waste collection trucks. The producers have utilized enhanced truck loading capacity and functionality as well as the implementation of the advanced compaction facilities and the use of the automated lift mechanisms. All of these factors are amplifying the garbage truck bodies’ market growth.

In addition to being resourceful, they also play a role in driving the growth of environmental regulations that promote cleaner more efficient trash trucks to reduce emissions and improve the recycling rate. Among the trends apparent in the automotive industry has been a growing demand for electric vehicles and hybrids, a development which conforms to the global aspect of sustainability goals

Comprehensive Analysis of Garbage Truck Bodies Market

Garbage trucks come in three types namely front loaders, rear loaders, and side loaders, categorized as Product Type 3 focusing on varied rubbish collection demands. These trucks are applied in urban garbage treatment, along with city waste management, thereby ensuring the role of effective garbage disposal to the ongoing processes. In the Building and Mining Industry, garbage disposal is critical for the entire operation. Moreover, they can also perform different functions depending on the area they serve. In the case of technology, garbage trucks interact as manually operating settings, Semi-/Full automation of systems are also considered tending to increased efficiency and minimum workmanship in waste management procedures.

This structured segmentation ensures a comprehensive analysis, aiding stakeholders in aligning strategies with market dynamics and enhancing the understanding of current and future market conditions.

North America is covering the first place in the garbage truck body market share due to the perfection in waste infrastructure and the adherence to the strict environmental regulations. The U.S., especially, ranks high in this arena with a lot of private enterprise participation in garbage truck technology and a constant demand for perfect waste collection systems for which efficiency is the main goal at all times. One of the principal areas, where the region has been kind of automated is with equipment such as the automated side loaders and electric garbage trucks that mainly grew out of a drive for sustainability and emission reduction. The long existing tradition of research and development serves to deeply connect North America with the rest of the world in the technology for garbage truck bodies.

The top players in the market play a crucial role in shaping the industry's growth trajectory and setting market standards. These players include: McNeilus Truck and Manufacturing (U.S.), Haul-All Equipment Ltd. (Canada), DENNIS EAGLE LTD (U.K.), Fujian Longma Environmental Sanitation Equipment Co., Ltd (China), New Way (U.S.), Heil (U.S.), BYD Company Ltd. (China), Labrie Enviroquip Group (Canada), Curbtender Sweepers, LLC (U.S.), Boivin Evolution Inc. (Italy).

In February 2023, Oshkosh Corporation, a company with a reputation as a pioneer in purpose-built vehicles and equipment, through one of its products, North America's first advanced electric refuse collection vehicle beckoned. City View Specialty and New Way Vehicles disclosed to having had concluded a distribution agreement for refuse trucks in Ontario, Canada, which will expand the sales network and bring a new product line to the industry. Through this strategic partnership the market expansion of New Way not only gets facilitated but also brings the brand recognition at the forefront of North American masses, having been positioned within this industry.

Segmentation Table

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.9% from 2024 to 2030

Unit Value (USD Billion) & Volume (Units)

Segmentation

By Product Type

Front Loaders

Rear Loaders

Side Loaders

By Application

Urban Garbage Treatment

Building and Mining Industry

Others

By Technology

Manual

Semi-/Fully Automatic

By Geography

North America (By Product Type, By Application and By Technology)

- U.S. (By Application)

- Canada (By Application)

- Mexico (By Application)

Europe (By Product Type, By Application and By Technology )

- Germany (By Application)

- France (By Application)

- U.K. (By Application)

- Rest of Europe (By Application)

Asia Pacific ( By Product Type, By Application and By Technology)

- China (By Application)

- India (By Application)

- Japan (By Application)

- Rest of Asia Pacific (By Application)

Rest of the World ( By Product Type, By Application and By Technology )


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