Garbage Collection Vehicle Market Synopsis: A garbage collection vehicle, also known as waste collection vehicle or refuse collection vehicle, is specially designed to collect residential and non-residential garbage. The collected garbage is then hauled to a solid waste treatment facility. These vehicles are equipped with a front or rear compartment, where the waste is collected. The collection of garbage or waste is done by using different loader mechanisms such as a front loader or a top loader. Sample : https://www.marketresearchfuture.com/sample_request/7939 The global Garbage Collection Vehicle Market is expected to progress with 6.5% CAGR from 2019 to 2025. The major driving factors of this market are growing industrialization, increasing proper waste disposal facilities globally, rising concerns about public health, growing awareness regarding environment safety, and growing governments initiatives to educate people about waste management and recycling. Additionally, the rising budgets for the development of waste recycling systems, globally, is also contributing to the growth of this market. The lack of standard protocols for the development of garbage collection vehicle and the high initial cost of the truck are considered as the key restraining factors of this market. However, the growing product innovations, coupled with technological advancements in garbage collection vehicle across the globe, increasing demand for electric waste collection vehicles, and improving economy are providing lucrative new opportunities for the growth of this market. The global garbage collection vehicle market is projected to witness significant growth during the study period due to improving technology and growing adoption of IoT and sensors in garbage collection vehicles.
Prominent Players The Prominent Players in the global garbage collection vehicle market share are Heil Environmental (US), Geesink B.V. (the Neatherlands), Pak-Mor. (US), Dennis Eagle Limited (UK), IVECO S.p.A., (Italy), Dulevo International S.p.A. (Italy), FAUN Umwelttechnik GmbH & Co. KG (Germany), CEEC TRUCKS INDUSTRY CO., LIMITED (China), Bridgeport Manufacturing (US), and Zoomlion Heavy Industry Science and Technology Co., Ltd (China).
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https://www.marketresearchfuture.com/checkout?currency=one_userUSD&report_id=7939 Segmentation: Global Garbage Collection Vehicle Market The global garbage collection vehicle market is segmented on the basis of loader type, technology, vehicle type, propulsion, application, and region. On the basis of loader type, the global market has been segmented into front, rear, automated side loader, and others. On the basis of technology, the global market has been divided in to manual and semi-automatic. On the basis of vehicle type, the global market has been divided into light-duty and heavy-duty vehicles. On the basis of propulsion, the global market has been divided into ICE and electric, whereas the electric vehicle is further segmented into battery, plug-in hybrid, and hybrid electric vehicle. On the basis of application, the global market has been divided into residential and non-residential. Geographically, the global garbage collection vehicle market size has been segmented into four major regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is estimated to hold the largest market share during the forecast period owing to the increasing