The North America Vacuum Truck Market would witness market growth of 6.0% CAGR during the forecast period (2023-2030).
When it comes to the management of large-scale sludge and liquid cleanup, cities typically deploy vacuum trucks, also known as vacuum tankers. This is most commonly done when servicing septic and sewer systems. They can also be utilized in industrial and public contexts to suction water and waste materials left over after drilling or hydro-excavation projects.
Vacuum trucks serve the demands of towns and industries needing storage tank maintenance, environmental cleanup, and waste management by cleaning muck to expose utility lines and prevent sewer system overloads. For particular uses, new vacuum truck variants are being developed. There are already types available, for instance, that are intended exclusively for application in sewage treatment plants.
These models have strong suction motors and can handle the huge loads often present in a facility of this kind. Due to its numerous benefits over conventional vacuum trucks, truck-mounted vacuum units are growing in popularity. Since these devices are often smaller and more portable, they are perfect for usage in confined spaces. They are also more powerful in sucking up air and can run for a longer duration of time without refueling.
The volume of solid waste has also increased in Canada, leading to a greater need for extensive and advanced cleaning methods and equipment. 4 million tonnes, or 13%, of Canada's solid waste stream, is made up of garbage from construction, renovation, and demolition (CRD). Chemicals found in CRD waste could endanger both human health as well as the environment if they are not handled appropriately. Hence, the growing need for efficient and safe handling of waste in the region is propelling the demand for vacuum trucks, which will propel the growth of the regional market.
The US market dominated the North America Vacuum Truck Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $507.1 Million by 2030. The Canada market is experiencing a CAGR of 8.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.4% during (2023 - 2030).
Based on Product Type, the market is segmented into Dry & Liquid Suctioning, Liquid Suctioning, Industrial, Municipal, Excavation, General Cleaning and Others. Based on Application, the market is segmented into Industrial, Municipal, Excavation, General Cleaning and Others. Based on Fuel Type, the market is segmented into ICE and Electric. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Vacuum Truck Market is Projected to reach USD 2.4 Billion by 2030, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cappellotto Spa, Alamo Group Inc. (Rivard), Vac-Con, Inc. (Holden Industries, Inc.), Kanematsu Engineering Co., Ltd., Federal Signal Corporation, KOKS Group BV, GapVax, Inc., FULONGMA Group Co., Ltd. and Keith Huber Corporation.
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