North America Garbage Truck Bodies Market

North America Garbage Truck Bodies Market Size, Share, Growth Analysis, By Product Type(Front Loaders, Rear Loaders), By Application(Urban Garbage Treatment, Building and Mining industry), By Country/Sub-Region(U.S., Canada) - Industry Forecast 2024-2031


Report ID: UCMIR20V2016 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

North America Garbage Truck Bodies Market Insights

Market Overview:

North America holds the second-largest market share in the global garbage truck bodies industry, and it is expected to experience a 5.0% compound annual growth rate (CAGR) during the forecast period. Projections indicate that the North American market for garbage truck bodies will expand from USD 1.19 billion in 2022 to USD 1.72 billion by 2030. To keep up with this growth, major players in the region are increasing their research and development investments to introduce cutting-edge technological advancements in waste management. For example, in February 2023, McNeilus Truck and Manufacturing announced plans to incorporate advanced manufacturing techniques to develop innovative solutions in the solid waste management sector, integrating connected solutions, electrification, and autonomy.

North America Garbage Truck Bodies Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Trucking by segment aggregation, the contribution of the Trucking in Transportation and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for North America Garbage Truck Bodies was estimated to be valued at US$ XX Mn in 2021.

The North America Garbage Truck Bodies Market is estimated to grow at a CAGR of XX% by 2028.

The North America Garbage Truck Bodies Market is segmented on the basis of Product Type, Application, Country/Sub-Region.

Based on region, the North America Garbage Truck Bodies Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the North America Garbage Truck Bodies Market are , McNeilus Truck and Manufacturing , Heil , New Way , Haul-All Equipment Ltd. , Labrie Enviroquip Group , Mack Trucks , Battle Motors , BYD Motors , El Industries International Florida , Curbtender, Inc..

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North America Garbage Truck Bodies Market

Product ID: UCMIR20V2016

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