The Worldwide Vacuum Truck Market is Projected to reach USD 2.4 Billion by 2030, at a CAGR of 6.4%

Published Date: 30-Aug-2023

Special Offering :

Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support

Vacuum Truck Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Vacuum Truck Market size is expected to reach $2.4 billion by 2030, rising at a market growth of 6.4% CAGR during the forecast period.

The Liquid Suctioning segment is registering a CAGR of 8% during (2023 - 2030). The market is expanding as a result of initiatives to monitor water quality as well as commitments made by the board to enhance water infrastructure. Furthermore, expanding fluid-based suctioning in contemporary commercial and oil exploration will fundamentally improve their corporate relationship sooner rather than later.

The Industrial segment is generating the highest revenue in the Global Vacuum Truck Market by Application in 2022; thereby, achieving a market value of $907.1 Million by 2030. The dominance can be due to several things, including the swift development of the industrial sector in industrialized and developing nations. These vehicles are used by many different industries to control wastewater and sludge produced by industrial processes. These variables will boost market expansion. Hazardous materials and byproducts are frequently produced during industrial processes, and they must be carefully managed and disposed of to adhere to environmental standards.

The Electric segment would showcase a CAGR of 8.9% during (2023 - 2030). Air pollution and greenhouse gas emissions are decreased by electric engines, which have zero tailpipe emissions when in use. This contributes to the fight against climate change and helps to improve local air quality. When a vacuum truck operates, less noise pollution is produced since electric engines are quieter than diesel engines.

The Europe region dominated the Global Vacuum Truck Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $845 Million by 2030. The Asia Pacific market is anticipated to grow at a CAGR of 6.9% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 6% during (2023 - 2030).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Vacuum Truck Market Segmentation

By Product Type

  • Dry & Liquid Suctioning
  • Liquid Suctioning
  • Industrial
  • Municipal
  • Excavation
  • General Cleaning
  • Others

By Application

  • Industrial
  • Municipal
  • Excavation
  • General Cleaning
  • Others

By Fuel Type

  • ICE
  • Electric

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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.
  • Keith Huber Corporation

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Market 2023-2030

Europe Market 2023-2030

Asia Pacific Market 2023-2030

LAMEA Market 2023-2030

Request a Free Sample Copy

Why Choose Us

  • 24/7 Research support
    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Information security
    Your personal and confidential information is safe and secure.