This report studies the global Vacuum Truck industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
A vacuum truck, also known as vacuum loader or vacuum tanker, is a tank truck with a heavy duty vacuum designed to pneumatically load solids, liquids, sludge or slurry through suction lines typically 2-4″ in diameter with 3″ being the norm and then transport the load to an appropriate place for disposal or re-use.
The global vacuum truck industry mainly concentrates in North America and Europe in terms of market value. The global leading player in this market is Federal Signal, whose revenue is $ 142.10 million in 2016, accounts for 12.79% of total revenue market.
The vacuum truck is mainly used in industrial, excavation and municipal field. The application market share of industrial and excavation is up to 63% in 2016and it is forecasted that share will be maintain by 2022 with the increasing collaboration among rental fleet owners and vacuum truck manufacturers.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of labor-efficient vehicles at home and abroad, many companies began to enter the field of labor-efficient vacuum truck industry.
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The global Vacuum Truck market is valued at 1150 million USD in 2017 and is expected to reach 1410 million USD by the end of 2025, growing at a CAGR of 2.6% between 2018 and 2025.
This research report categorizes the China and global Vacuum Truck market by type, end-use industry, and region.
International Manufacturers Covered
China Local Manufacturers Covered
Liquid Suctioning Only
Liquid and Dry Suctioning
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