Market Research Industry Today
Global Vacuum Truck Industry Research, China Market Is Expected To Reach 1410 Million USD Over 2025
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.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 Federal Signal
China Local Manufacturers Covered
Liquid Suctioning Only
Liquid and Dry Suctioning
The study objectives of this report are: To analyze and study the ways and market feasibility to enter China market, for the international manufacturers manufacturing or selling products in China. To study and forecast the market size (volume and value) of Vacuum Truck in China and global market. Focuses on the China local manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis, value and China market share for top local manufacturers. To analyze the international manufacturers, SWOT analysis, volume, value and global market share for top manufacturers. To define, describe and forecast the market by type, application and region. To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan and other Regions like Korea, Taiwan, India, Southeast Asia etc. To analyze the China market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth. To analyze the opportunities in the market for stakeholders by identifying the high growth segments. To strategically analyze each submarket with respect to individual growth trend and their contribution to the market. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies. In this study, the years considered to estimate the market size of Vacuum Truck are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.Available Customizations. With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:Regional and country-level analysis of the Vacuum Truck market, by end-use.Detailed analysis and profiles of additional market players.
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