The Garbage Truck Global Market Report 2023, provides comprehensive information on the garbage truck market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/garbage-truck-global-market-report
As per The Business Research Company’s Garbage Truck Global Market Report 2023, the market is expected to grow from $14.25 billion in 2022 to $15.44 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The garbage truck market is expected to reach $20.34 billion in 2027 at a CAGR of 7.1%.
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Technological advancements are a key trend gaining popularity in the garbage truck market. Major companies operating in the garbage truck market are adopting new technologies to sustain their position in the market. For instance, in March 2020, Heil Environmental Industries Ltd., a US-based manufacturer of garbage trucks and waste management equipment, and Dover, a US-based truck body manufacturer, launched the Command-SST Automated Side Loader (ASL). It includes several new technologies that improve security, operator comfort, efficiency, and ease of maintenance. The Command-SST’s arms feature enables operators to grab carts from the safety of the cab. Additionally, this includes new monitor-based guidelines that support positioning the arm in the middle of the container, which is especially helpful to fleets with operators new to automated collection
The garbage truck market is segmented:
1) By Type: Front Loaders, Rear Loaders, Side Loaders
2) By Technology: Manual, Automatic, Semi-Automatic
3) By Fuel Type: Gasoline, Diesel, Electric
4) By End User: Industrial Corporations, Municipal Authorities
North America was the largest region in the garbage truck market in 2022.
The table of contents in TBRC’s garbage truck market report includes:
- Executive Summary
- Garbage Truck Market Characteristics
- Garbage Truck Market Trends And Strategies
- Garbage Truck Market – Macro Economic Scenario
- Garbage Truck Market Size And Growth
…..
- Africa Garbage Truck Market
- Garbage Truck Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Garbage Truck Market
- Garbage Truck Market Future Outlook and Potential Analysis
- Appendix
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