Global Industrial Vacuum Trucks Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Industrial Vacuum Trucks Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A vacuum truck is a tank truck that has a pump and a tank. The pump is designed to pneumatically suck liquids, sludges, slurries, or the like from a location (often underground) into the tank of the truck. Is to enable transport of the liquid material via road to another location. Vacuum trucks transport the collected material to a treatment or disposal site, for example a sewage treatment plant. Vacuum trucks can be equipped with a high-pressure pump if they are used to clean out sewers from sand.

Market Overview:

The latest research study on the global Industrial Vacuum Trucks market finds that the global Industrial Vacuum Trucks market reached a value of USD 1229.43 million in 2022. It’s expected that the market will achieve USD 1438.32 million by 2028, exhibiting a CAGR of 2.65% during the forecast period.

Strength

Development of economy and technology.
Increase downstream demand.

Weakness

Low entry barrier.
Low market demand.
Highly replaceable.

Opportunity

Quality and function development trend.
Growing opportunities in emerging markets, such as China,India,Brazil,Middle East and Africa.

Threat

Fluctuation price of raw materials.
Increase in similar products.

Region Overview:

In 2021, the share of the Industrial Vacuum Trucks market in Europe stood at 43.68%.

Company Overview:

Federal Signal is one of the major players operating in the Industrial Vacuum Trucks market, holding a share of 14.53% in 2020.

Federal Signal

Federal Signal Corporation is a global corporation with about 2,800 employees located in Oak Brook, Illinois. Federal Signal is best known for its variety of emergency lighting, sirens, industrial equipment, and public safety solutions under brands including Federal Signal, Elgin, Guzzler, Jetstream, Vactor and Victor.

Alamo Group

Alamo Group Inc. is a leader in the design, manufacture, distribution and service of high-quality equipment for infrastructure maintenance, agriculture and other applications. Its products include mowing and other vegetation maintenance equipment for trucks and tractors, sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements and related aftermarket accessories and services.

Segmentation Overview:

By type, Industrial segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Industrial Vacuum Trucks market covered in Chapter 3:

Disab
Ledwell
AFI
Presvac
Cusco
Keith Huber
Rebel Metal Fabricators
Alamo Group
Holden Industries
Best Enterprises
AquaTech
Wastequip
KOKS
Sewer Equipment
Hi-Vac
Amphitec
Spoutvac
Progress Tank
RAC
Cappellotto
Federal Signal
Supervac
Tiger General
GapVax

In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial Vacuum Trucks market from 2018 to 2029 is primarily split into:

Liquids Suctioning
Solids Suctioning
Dry Bulk Powders Suctioning
Slurries Suctioning

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial Vacuum Trucks market from 2018 to 2029 covers:

Industrial
Excavation
Municipal

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)