Vacuum Truck Market by Product, Drive Type, Application

List of Tables

[189 Pages Report] The Vacuum Truck Market size was estimated at USD 2.03 billion in 2023 and expected to reach USD 2.19 billion in 2024, at a CAGR 8.27% to reach USD 3.55 billion by 2030.

Global Vacuum Truck Market

KEY MARKET STATISTICS
Base Year [2023]	USD 2.03 billion
Estimated Year [2024]	USD 2.19 billion
Forecast Year [2030]	USD 3.55 billion
CAGR (%)	8.27%

A vacuum truck, also known as a vacuum tanker, is a specialized vehicle designed to collect, transport, and dispose of waste materials, particularly liquids, sludges, and slurries. The main feature of a vacuum truck is its powerful vacuum system that enables the suction of these materials from various sites into the tank attached to the truck. This truck is equipped with a heavy-duty vacuum designed to handle different materials, including hazardous waste. The increasing need for industrial and municipal waste management and rising adoption from the oil & gas industry propel the demand for the vacuum truck. However, the concerns associated with high-cost investments and safety across varied applications are significant challenges for key players. Companies continuously work towards cutting costs and investing heavily in research and development (R&D) activities to remain agile within the landscapes. Moreover, the recent advancements in developing high-performing industrial vacuum trucks with less environmental impact remain the plethora for manufacturers. These developments are central to minimizing environmental impacts, enhancing safety, and operational efficiencies, thus shaping the future of the vacuum truck space.

Regional Insights

The United States represents a significant portion of the American vacuum truck market, driven by stringent environmental regulations and the need for waste disposal and water treatment. A growing number of municipalities are investing in these vehicles for infrastructure maintenance. At the same time, in Canada, the vacuum truck landscape is heavily influenced by the oil and gas sector, with tar sand operations requiring substantial vacuum solutions for environmental management. Investment in the sector is often geared towards more sustainable and cost-effective solutions, with companies introducing vehicles adapted to the Canadian climate and terrain. Meanwhile, in Europe, stringent environmental regulations and well-established waste management practices define the vacuum truck market. Advanced technologies and a push for emission reductions influence customer purchasing behavior, with a marked trend toward greener vehicles. Numerous EU-based companies are at the forefront of R&D in this field, exemplified by recent patent filings for innovative waste management solutions. Consequently, the Middle Eastern space for vacuum trucks is characterized by demand for heavy-duty and durable trucks, especially in the oil-rich Gulf countries, to be used for cleaning oil spills and maintaining oilfield cleanliness. The harsh climatic conditions and high-capacity vehicle requirements drive consumer preferences for vacuum trucks in this region. Moreover, with increasing urbanization and industrial activities, China's rapidly advancing automotive and construction sectors boost demand for vacuum trucks. The Chinese government's environmental protection has prompted research and development in cleaner and more efficient vacuum trucks, with several new patents filed in this domain. At the same time, Japan's truck landscape is driven by technological innovation and a strong emphasis on reliability and precision. Japanese customers lean towards compact, eco-friendly designs that suit their dense urban landscapes.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Vacuum Truck Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Vacuum Truck Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Vacuum Truck Market, highlighting leading vendors and their innovative profiles. These include AFI Group, Alamo Group, Amphitec b.v., Amthor International, CAPPELLOTTO SpA, Chengli Special Automobile Co. Ltd., CSCTRUCK Limited, DISAB Vacuum Technology AB, ECOMAT FABRICACION DE EQUIPOS, S.L., FS Solutions, Inc., GapVax, Inc., Gear Equipment Inc, Guzzler Manufacturing by Federal Signal Corporation, Hi-Vac Corporation, Hubei Dong Runze Special Vehicle Equipment Co., Ltd., Kam-Avida Enviro Engineers Pvt. Ltd., Kanematsu Engineering Co. Ltd., Keith Huber Corporation, KOKS Group bv, Ledwell, Presvac Systems Limited, Sewer Equipment, Supervac, Transway Systems Inc., Vac-Con, Inc., Vactor, Inc., Vacvator, Vermeer Corporation, and Wabash Mfg. Inc..

Market Segmentation & Coverage

This research report categorizes the Vacuum Truck Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Liquid & Dry Suctioning
- Liquid Suctioning
Drive Type
- Automatic Transmission
- Manual Transmission
Application
- Excavation
- General Cleaning
- Industrial Waste Removal
- Municipal Waste Management
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Vacuum Truck Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Vacuum Truck Market?

3. What are the technology trends and regulatory frameworks in the Vacuum Truck Market?

4. What is the market share of the leading vendors in the Vacuum Truck Market?

5. Which modes and strategic moves are suitable for entering the Vacuum Truck Market?

Product Code: MRR-B168537794AE

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Vacuum Truck Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing focus on industrial and municipal waste management
  - 5.1.1.2. Rising adoption of vacuum trucks in oil & gas exploration and construction activities
  - 5.1.1.3. Preference for electric vacuum trucks among end-users
- 5.1.2. Restraints
  - 5.1.2.1. Limitations in mass excavation activities and need for frequent maintenance
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements to develop high-performing industrial vacuum truck
  - 5.1.3.2. Introduction of companies offering customized and tailored vacuum truck services
- 5.1.4. Challenges
  - 5.1.4.1. Concerns associated with safety and hazardous nature of vacuum truck
5.2. Market Segmentation Analysis
- 5.2.1. Product: Increasing uses of liquid and dry suctioning vacuum truck in industrial waste management
- 5.2.2. Drive Type: Rising popularity of automatic and manual transmit vacuum trucks in preference to their functionality and durability
- 5.2.3. Application: Growing adoption vacuum trucks in oil & gas industry offering better scalability
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Vacuum Truck Market, by Product

6.1. Introduction
6.2. Liquid & Dry Suctioning
6.3. Liquid Suctioning

7. Vacuum Truck Market, by Drive Type

7.1. Introduction
7.2. Automatic Transmission
7.3. Manual Transmission

8. Vacuum Truck Market, by Application

8.1. Introduction
8.2. Excavation
8.3. General Cleaning
8.4. Industrial Waste Removal
8.5. Municipal Waste Management

9. Americas Vacuum Truck Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Vacuum Truck Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Vacuum Truck Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Handex Acquires New Vacuum Trucks
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Highway Department Purchases Vacuum Truck
- 12.3.3. New Product Launch & Enhancement
  - 12.3.3.1. Vermeer Completely Redesigns its VXT600 Vacuum Truck

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. AFI Group
- 13.1.2. Alamo Group
- 13.1.3. Amphitec b.v.
- 13.1.4. Amthor International
- 13.1.5. CAPPELLOTTO SpA
- 13.1.6. Chengli Special Automobile Co. Ltd.
- 13.1.7. CSCTRUCK Limited
- 13.1.8. DISAB Vacuum Technology AB
- 13.1.9. ECOMAT FABRICACION DE EQUIPOS, S.L.
- 13.1.10. FS Solutions, Inc.
- 13.1.11. GapVax, Inc.
- 13.1.12. Gear Equipment Inc
- 13.1.13. Guzzler Manufacturing by Federal Signal Corporation
- 13.1.14. Hi-Vac Corporation
- 13.1.15. Hubei Dong Runze Special Vehicle Equipment Co., Ltd.
- 13.1.16. Kam-Avida Enviro Engineers Pvt. Ltd.
- 13.1.17. Kanematsu Engineering Co. Ltd.
- 13.1.18. Keith Huber Corporation
- 13.1.19. KOKS Group bv
- 13.1.20. Ledwell
- 13.1.21. Presvac Systems Limited
- 13.1.22. Sewer Equipment
- 13.1.23. Supervac
- 13.1.24. Transway Systems Inc.
- 13.1.25. Vac-Con, Inc.
- 13.1.26. Vactor, Inc.
- 13.1.27. Vacvator
- 13.1.28. Vermeer Corporation
- 13.1.29. Wabash Mfg. Inc.
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing