Vacuum Truck Market, Size, Global Forecast 2024-2032, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

Vacuum Truck Market, Size, Global Forecast 2024-2032, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

Global vacuum truck market is expected to reach to US$ 3.11 Billion by 2032 from US$ 1.76 Billion in 2023, with a CAGR of 6.53% from 2024 to 2032 as per Renub Research.

Vacuum vehicles have a powerful vacuum pump and tank that handle numerous materials. They are used for preventive renovation, municipal and commercial packages, and massive-scale liquid and sludge smoothing. Many vacuum trucks also come equipped with a water hose attachment that breaks apart debris and removes it from work areas. Due to the rising demand for effective waste management solutions, they help clear waste from sites and transport it for safe disposal.

The World Bank estimates that cities and small town produce more than 2.24 billion tons of waste each year. In November 2021, the US EPA introduced funding of around USD 375 million in recycling and waste discount packages. The funds could launch several new country and municipal applications to fight pollution and inefficient waste control. In February 2023, Vac-Con introduced the non-CDL Titan 3-yard combination sewer cleansing truck at the WWETT occasion in Indianapolis, demonstrating its commitment to innovation and assembling the unique wishes of the sewer cleaning and wastewater industry.

Vacuum truck market trends:

1) Increased Emphasis on Sustainability: Due to increasing environmental issues and regulations, the vacuum truck market is moving in the direction of sustainable practices because of environmental features along with superior filtration systems, advanced fuel performance, and opportunity fuel alternatives. Vacuum vans with superior filtration systems are in high demand to lessen environmental impact through waste collection and disposal.

2) Technological Advancements: The vacuum truck market is advancing with the technology to improve efficiency, protection, and performance. Automation, remote tracking, and telematics structures optimize fleet management and predictive upkeep. Innovations in vacuum pump technology and materials contribute to accelerated reliability and productivity.

3) Diversification of Applications: Vacuum vehicles (trucks) are used in numerous sectors beyond conventional waste management, such as hydro excavation, sewer cleansing, hazardous fabric management, and oil spill reaction. This is increasing the market capacity for vacuum truck manufacturers and carrier companies.

4) Shift Towards Electric and Hybrid Models: Hybrid and Electric vacuum trucks are gaining acceptance as the sector moves closer to cleaner electricity resources. These models provide decreased running costs, decreased noise pollution, and improved sustainability in comparison to traditional diesel-powered trucks.

5) Rising Demand in Developing Regions: Vacuum trucks (vehicles) are in excessive demand in growing regions like Europe, Asia, Latin America, and Africa due to urbanization, infrastructure development, and growing awareness of sanitation and environmental troubles. Government investments in wastewater treatment facilities, sanitation infrastructure, industrial expansion, and increasing industries like oil and gasoline, construction, and mining using the marketplace increase.

United States Vacuum Truck Market

The United States is predicted to dominate the marketplace for vacuum trucks for various factors, which include government initiatives, a rapid industrialization, the increasing demand for industrial motors, excessive-cease generation, and growing awareness for surroundings and protection. Urban regions keep growing, resulting in increasing demand for sustainable and green technologies, together with environmentally friendly vacuum trucks. Manufacturers and operators prioritize sustainability, digitalization, value reductions, and operator protection as vital drivers for industry growth. Strict cleaning laws in the US, integrated projects, and government support are essential for developing the vacuum truck market during the forecast period. In 2021, Vac-Con has recently launched a new generation of trailer-mounted sewer jet units under its VecJet portfolio. These units can run on gas or diesel fuel and come in two sizes: 375 gallons and 750 gallons.

Vacuum Truck Market Company Analysis

Kanematsu Engineering Co. Ltd., CappellottoS.p.a., DISAB Vacuum Technology AB, Fulongma Group Co. Ltd., GapVax, Keith Huber Corporation, Koks Group B.V., and Sewer Equipment Company of America are among the key participants in the global vacuum truck market.

• In April 2023, Hercules Site Services bought ten new suction excavators from RSP Gmbh, bringing its fleet to 30 units. The new vehicles include the premium ESE 8 model and two triple-fan excavators.

• In February 2023, Vac-Con launched the non-CDL Titan 3-yard sewer cleaning truck at the WWETT Show in Indiana. This model was designed for smaller municipalities and contractors and has a simple operating system suitable for operators of all skill levels.

• In Jan 2023, the Great Bend City Council approved a purchase agreement for a 2023 Vac-Con Freightliner combination truck worth USD 150,710.74. The truck, bought from Red Equipment LLC, will be leased for 48 months from First Kansas Bank. These trucks are used for hydro-excavating, cleaning duties, and restoring broken sewer lines and water leaks.

• Heritage Transport acquired Frank’s Vacuum Truck Service in December 2022.

• In March 2022, Vac Con, Inc. acquired the assets of Peirce-Eagle Equipment Company, a leading supplier of Vac-Con-branded equipment in the Northeastern U.S. This acquisition is expected to help Vac-Con expand its business reach.

Product Type – Global Vacuum Truck Market breakup in 2 viewpoints:

1. Dry and Liquid Suctioning
2. Liquid Suctioning

Application – Global Vacuum Truck Market breakup in 5 viewpoints:

1. Industrial
2. Excavation
3. Municipal
4. General Cleaning
5. Others

Fuel Type– Global Vacuum Truck Market breakup in 2 viewpoints:

1. Electric
2. ICE

Country – Global Vacuum Truck Market breakup of 25Countries Covered in the Report:

1. North America

1.1 United States
1.2 Canada

2. Europe

2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey

3. Asia Pacific

3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand

4. Latin America

4.1 Brazil
4.2 Mexico
4.3 Argentina

5. Middle East & Africa

5.1 Saudi Arabia
5.2 UAE
5.3 South Africa

All the Key players have been covered from 3 Viewpoints:

• Overview
• Recent Development
• Revenue Analysis

Company Analysis:

1. Fulongma Group Co. Ltd.
2. Kanematsu Engineering Co. Ltd.
3. Cappellotto S.p.A.
4. DISAB Vacuum Technology AB
5. GapVax
6. Keith Huber Corporation
7. Koks Group B.V.
8. Sewer Equipment Co. of America