Garbage Truck Market Updates

Global Garbage Truck Market size was valued at USD 16.97 Billion in 2023 and is poised to grow from USD 18.23 Billion in 2024 to USD 32.37 Billion by 2032, growing at a CAGR of 7.40% in the forecast period (2025-2032).

The main players are systematically putting a lot of effort into research and innovation on adding new functions in their waste trucks. They are also linked to the manufacturing of electric and hybrid vehicles to satisfy the demand for environmentally friendly (green) vehicles that is increasing. The leading organizations are increasing their product line to fulfill the wide range of requirements in the waste management industry. They provide different types of garbage trucks like rear loaders, front loaders and side loaders. Furthermore, many key players are engaging in strategic partnerships and collaborations with other organizations, technology providers, and governmental bodies. This is helping them in enhancing technological abilities and increasing market reach. 'AB Volvo', 'Autocar LLC', 'Battle Motors', 'Bridgeport Manufacturing', 'Curbtender Sweepers LLC', 'Dongfeng Motor Group Co. Ltd.', 'EL Industries International', 'EZ Pack', 'FULONGMA GROUP Co. Ltd.', 'Haul All Equipment Ltd.', 'Heil An Environmental Solutions Group Co.', 'Hyundai Motor Co.', 'Hyzon Motors', 'KIRCHHOFF Group', 'Labrie Environmental Group', 'McNeilus Truck and Manufacturing Inc.', 'Mitsubishi Motors Corp.'

With rising concerns regarding effective procedures for waste management, innovations in garbage trucks are also increasing to ease the process of waste disposal and recycling. Thus, manufacturers are focused on the incorporation of several technologies to increase the efficiency and productivity of their products. Manufacturers are also focusing on bringing various technological improvements in garbage trucks, such as increasing efficiency through reduction of downtime, increasing the degree of automation, and noise reduction.

Rising Emphasis on Accomplishing Carbon Neutrality: The local governments in the country are targeting carbon neutrality for the collection of refuse in the suburbs and metropolitan cities by using alternative fuel technology or electric vehicle technology for refuse operations. Moreover, due to growing development in connected vehicle technology, it is witnessed that the trend of connectivity is now covering garbage and waste disposal trucks to improve the efficiency of operations. 

North America is dominating with the largest garbage truck market share. The market of North America is leading because of the strong waste management structures and strict environmental regulations. Countries like United States and Canada are immensely contributing to the growth of the market. This is because of their increasing focus on improving waste collection efficiency and decreasing environmental impact. In North America the demand for garbage truck is increasing with the adoption of advanced technologies, like automation and smart monitoring systems. Moreover, many opportunities are increasing for the market due to various government policies and investments in sustainable waste management practices in the region.