The global utility truck market stood at a value of around USD 56.16 billion in 2019 and is further projected to grow at a CAGR of 8% over the forecast period of 2020-2025. The industry is being driven by the growing demand for dump trucks in regions with extensive manufacturing and mining operations. The growing focus on waste management methods is further increasing the demand for the product.
Properties and Applications
The utility truck market can be divided based on segments like product and engine type. The industry can be differentiated based on its product like a garbage truck, fire truck, dump truck, and sweeper truck. The market can be broadly divided on the basis of its engine type into:
The EMR report looks into the regional utility truck markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The global utility truck market is being driven by factors like proliferating focus on solid waste management, technological advancements, increased demand for advanced fire trucks, growing adoption of dump trucks in the construction and mining industry, and growing focus on sustainable infrastructure. It is estimated that the municipal solid waste will reach a capacity of around 2.5 billion tons by 2025, which had led to strict solid waste management and disposal laws, further increasing the product demand. The factors like the high cost of utility trucks and stringent emission standards may hamper the market growth in the coming years.
The report presents an in-depth analysis of the following key players in the global utility truck market, looking into their capacities, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Questions Answered in the Report:
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Utility Truck Market Analysis
4.1 Global Utility Truck Market (2015-2019) & Forecast (2020-2025)
4.2 Global Utility Truck Market Breakup by Product
4.2.1 Garbage Truck
4.2.2 Fire Truck
4.2.3 Dump Truck
4.2.4 Sweeper Truck
4.3 Global Utility Truck Market Breakup by Product: Historical Market (2015-2019) & Forecast (2020-2025)
4.3.1 Garbage Truck
4.3.2 Fire Truck
4.3.3 Dump Truck
4.3.4 Sweeper Truck
4.4 Global Utility Truck Market Breakup by Engine Type
4.4.1 ICE (Diesel/Gasoline/CNG/Hybrid) Engine
4.4.2 Electric Engine
4.5 Global Utility Truck Market Breakup by Engine Type: Historical Market (2015-2019) & Forecast (2020-2025)
4.5.1 ICE (Diesel/Gasoline/CNG/Hybrid) Engine
4.5.2 Electric Engine
4.6 Global Utility Truck Market Breakup by Region
4.6.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
4.6.3 Asia Pacific
4.6.4 Latin America
4.6.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
4.7 Global Utility Truck Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
4.7.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
4.7.3 Asia Pacific
4.7.4 Latin America
4.7.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
5 SWOT Analysis
6 Porter’s Five Forces Analysis
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
7 Competitive Landscape & Supplier Analysis
7.1 Volvo Group
7.2 Aebi Schmidt Group
7.3 Bucher Industries AG
7.4 BYD Motors Inc.
7.5 Daimler AG
7.6 Magirus GmbH
7.7 Oshkosh Corporation
7.8 Rosenbauer International AG
8 Events and Developments
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