New York, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Sweeper Truck Market By Type, By Sweeping Type, By Application, By Region, Competition, Forecast & Opportunities, 2026" - https://www.reportlinker.com/p06020647/?utm_source=GNW
The Global Sweeper Truck Market is expected to grow at a steady rate during the forecast period.The Global Sweeper Truck Market is driven by the growing development of road infrastructure in the form of highway construction, improving the existing roads network, among others.
Additionally, lack of human force, high labor costs and frequent strikes & the demands of the labor associations are further expected to propel the market growth through 2026.Moreover, widespread use of sweeper trucks by highway authorities, municipal authorities, project developers, among others to speed up the development and maintenance activities are expected to fuel the market growth over the next few years.
However, high cost of sweeper trucks can hamper the market growth during the forecast period. Besides, lack of awareness pertaining to sweeper trucks especially in the emerging countries can further restrict the market growth through 2026.
The Global Sweeper Truck Market is segmented based on type, sweeping type, application, company and region.Based on type, the market can be split into compact sweeper and truck-mounted sweeper.
The truck-mounted sweeper truck segment is expected to dominate the market owing to the widespread use of these trucks for cleaning roads and lanes.Based on sweeping type, the market can be categorized into mechanical broom sweeper, regenerative-air sweeper and vacuum sweeper.
The regenerative-air sweeper segment is expected to register the highest growth in the market since these trucks are better at picking up finer material as compared to the mechanical broom sweeper and vacuum sweepers.
Regionally, the Global Sweeper Truck Market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. North America is expected to dominate the overall sweeper truck market owing to the improved road construction activities in the region.
The major players operating in the Global Sweeper Truck Market are TYMCO Regenerative Air Sweepers, ELGIN, TPS Infrastructure Limited, Ceksan Sweepers, Dulevo, Stocks Sweepers Ltd, Boschung, Johnston Sweepers Limited, Seco Truck Inc., ASH Group and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
• To analyze and estimate the market size of the Global Sweeper Truck Market from 2016 to 2019.
• To estimate and forecast the market size of the Global Sweeper Truck Market from 2020 to 2026 and growth rate until 2026.
• To classify and forecast the Global Sweeper Truck Market based on type, sweeping type, application, company and regional distribution.
• To identify dominant region or segment in the Global Sweeper Truck Market.
• To identify drivers and challenges for the Global Sweeper Truck Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Sweeper Truck Market.
• To identify and analyze the profile of leading players operating in the Global Sweeper Truck Market.
• To identify key sustainable strategies adopted by market players in the Global Sweeper Truck Market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of the Global Sweeper Truck Market by using a bottom-up approach, wherein the data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Sweeper truck manufacturers/ suppliers/ distributors
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to sweeper truck
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Sweeper Truck Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Sweeper Truck Market, By Type:
o Compact Sweeper
o Truck-mounted Sweeper
• Global Sweeper Truck Market, By Sweeping Type:
o Mechanical Broom Sweeper
o Regenerative-Air Sweeper
o Vacuum Sweeper
• Global Sweeper Truck Market, By Application:
o Urban Road
o Airport
o Highways
o Others
• Global Sweeper Truck Market, By Region:
o North America
United States
Canada
Mexico
o Europe
Germany
France
United Kingdom
Italy
Spain
o Asia-Pacific
China
Japan
India
South Korea
Australia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
o South America
Brazil
Argentina
Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Sweeper Truck Market.
Available Customizations:
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06020647/?utm_source=GNW
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