Press Release

Global Vacuum Truck Market is Expected to exhibit a CAGR of 3.05% between 2017 and 2023

Date : Aug 21, 2018

New report published by Global QYResearch which offers insights on the global Vacuum Trucks market. The Vacuum Trucks market has been experiencing steady growth graph since past years. The Vacuum Truck Market is expected to reach US$ 1.38 billion by 2023, growing at a CAGR of 3.05% from 2017 to 2023. The key driving factor is the downstream demand by Industrial applications.

This report studies the Vacuum Trucks market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyses the top players in global and major regions, and splits the Vacuum Trucks market by product type and applications/end industries.

Global Vacuum Trucks Market: Market Driver and Restraint

Increasing demand of downstream industrials, such as Industrial, Excavation, Municipal and Others.

Global Vacuum Trucks Market: Forecast by Type

On the basis of product, market is primarily split into –Liquid Suctioning Only, Liquid and Dry Suctioning, High Velocity. High Velocity is dominated type with a CAGR of 3.39% in the forecast period from 2017 to 2023.

Global Vacuum Trucks Market: Forecast by Application

Application segment consists of Industrial, Excavation, Municipal and Others. Industrial application is the dominated application.

Global Vacuum Trucks Market: Forecast by Region

Geographically, this report is segmented into several key Regions, with revenue, market share and growth rate of Vacuum Trucks in these regions, from 2013 to 2023 (forecast), covering –North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Asia-Pacific is the largest region. The Asia-Pacific market is expected to expand at a robust rate of 4.52% in terms of revenue over the forecast period.

Global Vacuum Trucks Market: Key Players

Federal Signal, K&E, Vac-Con, KOKS, Sewer Equipment, GapVax, Cappellotto, Heli, Vacall Industries, Keith Huber, Rivard, Hi-Vac, Aerosun, Super Products, AFI, Amphitec, Disab, Chengli, Ledwell, Foton, Dongzheng, XZL are the key vendors included in this report. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

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