What is the current market size and future outlook for the electric garbage van market?
The electric garbage van market size has grown rapidly in recent years. It will grow from $0.7 $ billion in 2024 to $0.79 $ billion in 2025 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to growing environmental regulations, increasing urbanization, rising fuel costs, government incentives for clean energy vehicles, and heightened public awareness of sustainability.
The electric garbage van market size is expected to see rapid growth in the next few years. It will grow to $1.29 $ billion in 2029 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to expanding charging infrastructure, increasing adoption of smart city initiatives, evolving emission regulations, growth in sustainable waste management practices, and increasing battery capacity and energy density. Major trends in the forecast period include advancements in battery technology, growth in smart waste collection systems, expansion of public and private charging networks, demand for modular and customizable electric garbage vans, and infrastructure development.
Get Your Free Sample of The Global Electric Garbage Van Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19408&type=smp
How has the electric garbage van market evolved, and what factors have shaped its growth?
The growing adoption of emission-free vehicles is expected to drive the electric garbage van market going forward. Emission-free vehicles are vehicles that produce no exhaust emissions during operation and are typically powered by alternative energy sources such as electricity or hydrogen. The emission-free vehicles are adopted due to their environmental benefits, government incentives, and technological advancements that offer lower operating costs and improved energy efficiency. The use of electric garbage vans contributes to the adoption of emission-free vehicles by replacing traditional waste collection trucks with zero-emission alternatives. For instance, in April 2024, according to the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, the number of battery electric vehicles in use surged by nearly 47.3% compared to 2022, making these crucial zero-emission vehicles represent 2.7% of all cars on the road, up from 1.9% in the previous year. Therefore, the growing adoption of emission-free vehicles is expected to drive growth in the electric garbage van market.
What are the major segments of the electric garbage van market?
The electric garbage vanmarket covered in this report is segmented –
1) By Product Type: Garbage Tipper, Garbage Cycle eRikshaw, Battery Electric Van, Other Product Types
2) By Loading Capacity: Less Than 500 Kg, 500 To 800 Kg, More Than 800 Kg
3) By End User: Commercial Garbage Van, Industrial Garbage Van, Other End Users
Subsegments:
1) By Garbage Tipper: Small Garbage Tipper, Medium Garbage Tipper, Large Garbage Tipper, Rear-Loader Garbage Tipper, Side-Loader Garbage Tipper
2) By Garbage Cycle eRickshaw: Manual Garbage Cycle eRickshaw, Electric Garbage Cycle eRickshaw, Cargo Capacity Variants, Customized Designs
3) By Battery Electric Van: Light-Duty Electric Van, Medium-Duty Electric Van, Heavy-Duty Electric Van, Refrigerated Electric Van, Chassis Cab Electric Van
4) By Other Product Types: Electric Compactors, Electric Street Sweepers, Electric Waste Collection Bins, Electric Waste Segregation Systems
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/electric-garbage-van-global-market-report
Which companies dominate the electric garbage van market?
Major companies operating in the electric garbage van market are Mercedes-Benz, Hyundai Motor Company, Tesla Inc., Daimler Trucks, Groupe Renault, Scania Group, Mitsubishi Motors, Iveco Group Company, Hino Motors, MAN Truck & Bus, Oshkosh Corporation, Terex Corporation, Heil Co., Kirchhoff Group, Peterbilt, McNeilus, Proterra, Lion Electric, Autocar Trucks, Bridgepart Truck Manufacturing, GreenPower Motor Company, Bollinger Motors, Curbtender, Cenntro Automotive, Workhorse Group
How will evolving trends contribute to the growth of the electric garbage van market?
Major companies operating in the electric garbage van market are focusing on developing technologically innovative solutions, such as all-electric waste collection vehicles, to reduce emissions, lower operational costs, and improve efficiency in urban waste management. All-electric waste collection vehicles are garbage trucks powered entirely by electricity, providing zero emissions and reduced noise while lowering operational costs and minimizing environmental impact. For instance, in July 2023, Grundon Waste Management, a UK-based waste management company, introduced the UK’s first all-electric waste collection vehicle, a Scania model, to provide zero-carbon waste collections in Reading and Newbury. This initiative includes two electric vehicles that are now operational, with one based in Colnbrook, serving commercial customers in London and the Thames Valley, and another in Bristol. These vehicles are powered by electricity generated from the waste they collect, utilizing Grundon’s Energy from Waste (EfW) facility, which allows for sustainable operation. In addition to electric vehicles, Grundon is exploring alternative fuels, such as hydrogen and hydrotreated vegetable oil (HVO), to reduce its environmental impact and improve air quality in urban areas.
What are the key regional dynamics of the electric garbage van market, and which region leads in market share?
Asia-Pacific was the largest region in the electric garbage van market in 2024. The regions covered in the electric garbage van market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Electric Garbage Van Market Report 2025 Offer?
The electric garbage van market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An electric garbage van is a vehicle designed for collecting and transporting waste or recyclables powered by electric batteries rather than traditional internal combustion engines. These vans are typically used by municipal waste management services and private companies to reduce emissions, noise pollution, and operating costs.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19408
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
