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Utility Trucks Market Size is expected to reach USD 127.46 billion by 2019 - 2030

The global utility trucks market size is expected to reach USD 127.46 billion by 2030 expanding at a CAGR of 7.7% over the forecast period. Growing adoption of dump trucks in the construction and mining industry, focus on solid waste management and sustainable infrastructure, and technological advancements propelling the demand for advanced fire trucks are among the key factors responsible for the market growth.

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Utility Trucks Market Size is expected to reach USD 127.46 billion by 2019 - 2030

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  1. Utility Trucks Market Size is expected to reach USD 127.46 billion by 2019 - 2030 “Utility Trucks Market Size, Share & Trends Analysis Report By Product (Garbage, Fire, Dump, Sweeper Trucks), By Engine (ICE, Electric), By Region (North America, Europe, APAC), And Segment Forecasts, 2019 - 2030.” The global utility trucks market size is expected to reach USD 127.46 billion by 2030 expanding at a CAGR of 7.7% over the forecast period. Growing adoption of dump trucks in the construction and mining industry, focus on solid waste management and sustainable infrastructure, and technological advancements propelling the demand for advanced fire trucks are among the key factors responsible for the market growth. Government initiatives to curb the rising toll of fire incidents and growing emphasis on worker safety have also contributed to the market growth. According to World Bank Group, effective waste management occupies around 20 to 50% of the overall municipal budgets. On account of growing population, rapid urbanization, and increasing solid waste generation, countries across the globe are investing significantly in implementing effective solid waste management plans. This is boosting the demand for garbage trucks, thereby supporting market growth. Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/utility-trucks-market/request-sample Follow Us:

  2. Rising expenditure of fire departments across various nations due to need for replacing aging vehicle fleets is also expected to bolster the demand. The Asia Pacific region is expected to lead the utility truck market from 2018 to 2030 owing to increasing investments in construction and mining sectors, rising focus on sustainable infrastructure, and growing awareness about and implementation of solid waste management across the region. The government is making significant investments in the development of public and private infrastructure. Such initiatives are expected to result in an exponentially rising demand for utility trucks, such as garbage, dump, and sweeper trucks. Further key findings from the study suggest: • Dump trucks are expected to lead the global utility truck market owing to their extensive usage in the construction and mining industry for hauling heavy construction wastes • Asia Pacific is expected to be the largest regional market owing to significant investments in the development of public infrastructure by the regional governments • North America is expected to exhibit a significant CAGR over the forecast period on account of the presence of key manufacturers, such as BYD Motors, Inc., in the region • Prominent companies in the market include AB Volvo; Bucher Industries; BYD Motors, Inc.; Daimler AG; Oshkosh Corp.; and Rosenbauer International AG Browse Full Research Report at: https://www.radiantinsights.com/research/utility- trucks-market Table of Contents: Chapter 1 Methodology and Scope 1.1 Information Procurement 1.2 Purchased Database 1.2.1 GVR'S Internal Database 1.3 Research Methodology 1.4 Geographic Scope & Assumptions 1.5 Region/Country Wise Market Calculation 1.5.1 Region /Country Wise Market: Base Estimates 1.5.2 Region/Country Market: Cagr Calculation 1.6 Region-based Segment Share Calculation 1.7 List of Primary Sources 1.8 List of Secondary Sources 1.9 List of Abbreviations Follow Us:

  3. Chapter 2 Executive Summary Chapter 3 Market Definitions 3.1 Market Segmentation Continued… See More Reports of This Category by Radiant Insights at: https://www.radiantinsights.com/catalog/automotive About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://industryinsightreport.blogspot.com Follow Us:

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