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Europe shared a significant global garbage truck bodies market share. It is projected to grow at 3.6% CAGR during the forecast period. The Europe market for garbage truck bodies is expected to grow from USD 1.04 billion in 2022 to USD 1.36 billion by 2030.
The growing adoption of electrification technology and electric garbage truck bodies has led vital market players in the region to intensify their investments, introducing new technological developments within the waste management industry. For instance, in June 2022, a German-based waste management company deployed its converted DAF CF 340 hydrogen fuel cell front loader refuse truck into refuse collection operations. The project involved seven European trials to calculate the exact reduction in emissions emitted by refuse trucks.
Our report on the Europe garbage truck bodies market covers the following countries/regions – the U.K., Germany, France, and the rest of Europe.
Growing Adoption of Hydrogen Fuel Cells in Electric Garbage Trucks to Offer New Growth Opportunities
The recent industry trends show increasing demand for developing and integrating hydrogen fuel cell technology for garbage collection trucks in the Europe. The local government and industrial players aim to reduce municipal solid waste’s environmental impact. For instance, in May 2022, the waste management company in the Netherlands introduced hydrogen-powered refuse trucks in the existing refuse fleets to collect waste from residential areas. During two months, the vehicle will be employed within the municipality of Hoeksche ward, replacing the diesel trucks. Thus, the rising integration of hydrogen fuel cell technology in refuse trucks is a trend observed in Europe and might surge the demand for garbage trucks.
Greater Focus on Reducing Carbon Emissions from Refuse Trucks to Drive Market Growth in the Region
Refuse collection vehicles consume high fuel and energy to carry out regular refuse collection operations leading to increased carbon emissions. Central European governments aim to deploy garbage trucks powered on alternative fuels to reduce the dependency on fossil fuels and the environmental impact. Moreover, garbage truck bodies operate on regular routes that provide pre-determined distance coverage, giving leverage to integrate electric vehicle technology. Thus, these few factors, among others, drive the market growth.
Stringent Emission Regulations in the European Region to Restrain the Sale of IC Engine Garbage Truck Bodies
Growing carbon emission is an ever-growing concern for democracies worldwide. According to IEA, in 2022, oil-related emissions grew by 180 million tons. Many regions focus on developing and integrating advanced technology, replacing fossil fuel dependency by adopting electric trucks and renewable fuel systems to reduce their carbon footprint. European local governments are working toward achieving carbon neutrality in waste management by deploying hydrogen fuel-cell and CNG-powered electric trucks. It has led to lower adoption of IC engine garbage trucks, affecting the market growth in this region.
Regarding the competitive landscape, the Europe garbage truck bodies market share include players such as McNeilus Truck and Manufacturing, Heil, and New Way, owing to the integration of advanced technology that results in automated operations within the waste management industry.
Other prominent players, such as Amprep and Mack, are leading the market due to their strong distribution network and favorable product mix for their application portfolio. Other companies are focused on strengthening their product portfolio and distribution network through strategic collaboration and partnerships to increase their market share in the Europe market.
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The Europe garbage truck bodies market research report provides qualitative and quantitative insights on the market and a detailed analysis of the Europe market size & growth rate for all possible segments in the market. Along with the market forecast, the report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights presented in the report are an overview of the number of procedures, an overview of price analysis of types of applications, overview of the regulatory scenario by key countries, pipeline analysis, new application launches, key industry developments – mergers, acquisitions & partnerships, and the impact of COVID-19 on the market.
ATTRIBUTE | DETAILS |
Study Period | 2019-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Growth Rate | CAGR of 3.6% from 2023 to 2030 |
Unit | Value (USD Billion) |
Segmentation | By Product Type; Application; and Country/Sub-Region |
By Product Type |
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By Application |
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By Country/ Sub-Region |
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Growing at a CAGR of 3.6%, the market will exhibit steady growth in the forecast period (2023-2030).
The rising adoption of electric vehicle technology in garbage truck bodies is one of the major factors driving the Europe market.
The rest of Europe dominated the market in 2022.
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