Europe Garbage Truck Market Growth, Size, Trends, Share, Revenue, Demand and Future Outlook
Europe Garbage Truck Market Size- By Product Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2023 | Report ID: AMIN23174 | Pages: 1 - 152 | Formats*: |
| Category : Automotive & Transportation | |||
Europe Garbage Truck Market Introduction and Overview
According to SPER Market Research, the Europe Garbage Truck Market is estimated to reach USD 1.52 billion by 2033 with a CAGR of 3.82%.
The report includes an in-depth analysis of the Europe Garbage Truck Market, including market size and trends, product mix, Applications, and supplier analysis. Garbage truck bodies play a crucial role in waste management vehicles, serving to gather and convey garbage from various locations, including residential, commercial, and industrial areas, to disposal sites. These bodies are crafted using robust materials like steel or aluminum and incorporate functionalities such as hydraulics, compactors, and loading systems. They come in diverse setups, such as rear loaders, front loaders, and side loaders, to meet specific demands for waste collection.
- February 2023: 18 electric rubbish collection vans will be used in Paris, according to a waste management firm based in France called Sepur. The trucks will be used to gather domestic rubbish in residential areas. The use of BEV garbage trucks in Europe will encourage the use of electric garbage trucks even more.
- August 2022: Three electric garbage trucks were sent out by the City Council of Exeter, England, and they were fueled by solar farms and a battery storage facility located at Marsh Barton.
Market Opportunities and Challenges
The development and integration of hydrogen fuel cell technology for garbage collection vehicles is becoming more and more necessary in Europe, according to recent industry trends. Reducing the environmental impact of municipal solid waste is the goal shared by the local government and industry players. As a result, a trend seen in Europe is the increasing integration of hydrogen fuel cell technology into garbage trucks, which could create opportunities to increase the demand for these vehicles. The regular collection of garbage by refuse collection vehicles results in significant fuel and energy consumption, which raises carbon emissions. The governments of Central Europe intend to use alternative fuel-powered garbage trucks in order to lessen their reliance on fossil fuels and its negative environmental effects. Additionally, the bodies of garbage trucks run regular routes that cover predetermined distances, providing leverage for the integration of electric vehicle technology. Thus, the market's expansion is fuelled by these few variables as well as others.
While the market offer numerous advantages, various limiting factors are anticipated to hinder Europe garbage truck market growth during the forecast period. Global democracies are becoming increasingly concerned about rising carbon emissions. In order to lessen their carbon footprint, several areas concentrate on creating and implementing cutting-edge technology. These include switching to electric trucks and renewable fuel sources in place of fossil fuels. Local governments in Europe are utilising electric trucks that run on compressed natural gas (CNG) and hydrogen fuel cells to achieve carbon neutrality in trash handling. It has impeded the expansion of the garbage truck business in this area by reducing the use of IC engines. Additionally, garbage truck bodywork can be rather expensive up front, especially if they have sophisticated features. Municipalities with tight funds or small-scale waste management operators may find this discouraging.
Market Competitive Landscape
In terms of competition, companies like Heil, New Way, and McNeilus Truck and Manufacturing hold a significant market position in the European garbage truck body market. This is because these companies have integrated cutting-edge technology into their operations, which has led to automated processes in the waste management sector. Due to their robust distribution networks and advantageous product mix for their application range, other well-known manufacturers, such Amprep and Mack, are dominating the market. Other businesses are concentrating on bolstering their network of distribution and product offerings via partnerships and strategic collaboration in order to gain a larger market share in the European market. The major players in the Europe Garbage Truck market include: Dennis Eagle, FAUN Umwelttechnik GmbH & Co. KG, Mercedes-Benz, NTM-GB LTD, Perlini, Portofin - Industrial and municipal equipment, PreZero, Renault, Volvo, Zoeller Kipper GmbH, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Application |
| Regions covered | France, Germany, Italy, Scandinavia, Spain, U.K., Rest of Europe |
| Companies Covered | Dennis Eagle, FAUN Umwelttechnik GmbH & Co. KG, Mercedes-Benz, NTM-GB LTD, Perlini, Portofin - Industrial and municipal equipment, PreZero, Renault, Volvo, Zoeller Kipper GmbH, Others |
COVID-19 Impact on Europe Garbage Truck Market
The Covid-19 pandemic significantly impacted the garbage truck bodies market. Global supply chain disruptions, stemming from restrictions on manufacturing, transportation challenges, and raw material shortages, affected production and delivery. Lockdowns and reduced commercial activities led to a temporary decline in waste generation, affecting garbage truck body demand. The pandemic underscored the importance of hygiene and safety in waste collection, driving interest in features like touchless mechanisms and improved sanitation. There was a notable shift towards healthcare waste management, prompting manufacturers to adapt and offer specialized garbage truck bodies. As economies recover, the market is expected to regain momentum with a focus on efficient and sustainable waste management practices.
Key Target Audience:
- Construction and Development Companies
- Environmental Services Companies
- Fleet Managers
- Landfill Operators
- Municipalities and Local Governments
- Recycling Facilities
- Waste Management Companies
- Others
Our in-depth analysis of the Europe Garbage Truck Market includes the following segments:
| By Product Type: |
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| By Application: |
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| By Region: |
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Key Topics Covered in the Report:
- Europe Garbage Truck Market Size (FY’2023-FY’2033)
- Overview of Europe Garbage Truck Market
- Segmentation of Europe Garbage Truck Market By Product Type (Front Loaders, Rear Loaders, Side Loaders)
- Segmentation of Europe Garbage Truck Market By Application (Building & Mining Industry, Urban Garbage Treatment, Others)
- Statistical Snap of Europe Garbage Truck Market
- Expansion Analysis of Europe Garbage Truck Market
- Problems and Obstacles in Europe Garbage Truck Market
- Competitive Landscape in the Europe Garbage Truck Market
- Impact of COVID-19 and Demonetization on Europe Garbage Truck Market
- Details on Current Investment in Europe Garbage Truck Market
- Competitive Analysis of Europe Garbage Truck Market
- Prominent Players in the Europe Garbage Truck Market
- SWOT Analysis of Europe Garbage Truck Market
- Europe Garbage Truck Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data Source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Garbage Truck Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Garbage Truck Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Garbage Truck Market
7. Europe Garbage Truck Market, By Product Type (USD Million)
7.1. Europe Garbage Truck Market Value Share and Forecast, By Product Type, 2023-20337.2. Front Loaders7.3. Rear Loaders7.4. Side Loaders
8. Europe Garbage Truck Market, By Application (USD Million)
8.1. Europe Garbage Truck Market Value Share and Forecast, By Application, 2023-20338.2. Building & Mining Industry8.3. Urban Garbage Treatment8.4. Others
9. Europe Garbage Truck Market Forecast, 2019-2033 (USD Million)
9.1. Europe Garbage Truck Market Size and Market Share
10. Europe Garbage Truck Market, By Product Type, 2019-2033 (USD Million)
10.1. Europe Garbage Truck Market Size and Market Share By Product Type (2019-2026)10.2. Europe Garbage Truck Market Size and Market Share By Product Type (2027-2033)
11. Europe Garbage Truck Market, By Application, 2019-2033 (USD Million)
11.1. Europe Garbage Truck Market Size and Market Share By Application (2019-2026)11.2. Europe Garbage Truck Market Size and Market Share By Application (2027-2033)
12. Europe Garbage Truck Market, By Region, 2019-2033 (USD Million)
12.1. Europe Garbage Truck Market Size and Market Share By Region (2019-2026)12.2. Europe Garbage Truck Market Size and Market Share By Region (2027-2033)12.3. France12.4. Germany12.5. Italy12.6. Scandinavia12.7. Spain12.8. U.K.12.9. Rest of Europe
13. Company Profile
13.1. Dennis Eagle13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. FAUN Umwelttechnik GmbH & Co. KG13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Mercedes-Benz13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. NTM-GB LTD13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Perlini13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Portofin - Industrial and municipal equipment13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. PreZero13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Renault13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Volvo13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Zoeller Kipper GmbH13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The Europe region is anticipated to have the highest market share in Europe Garbage Truck Market.
The key players in the market include Companies Covered Dennis Eagle, FAUN Umwelttechnik GmbH & Co. KG, Mercedes-Benz, NTM-GB LTD, Perlini, Portofin - Industrial and municipal equipment, PreZero, Renault, Volvo, Zoeller Kipper GmbH, Others
Europe Garbage Truck Market, including market size and trends, product mix, Applications, and supplier analysis. Garbage truck bodies play a crucial role in waste management vehicles, serving to gather and convey garbage from various locations, including residential, commercial, and industrial areas, to disposal sites.
Europe Garbage Truck Market is projected to reach USD 1.52 billion by 2033, growing at a CAGR of 3.82% during the forecast period.
Europe Garbage Truck Market grew in market size from 2023. The Market is expected to reach USD 1.52 billion by 2033, at a CAGR of 3.82% during the forecast period.
Europe Garbage Truck Market CAGR of 3.82% during the forecast period.
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Europe Garbage Truck Market size is USD 1.52 billion from 2023 to 2033.
Europe Garbage Truck Market Segment is Covered By Product Type, By Application
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