Vacuum Truck Market Size to Reach USD 3 billion by 2030; Rising Partnerships Between Construction Apparatus Vendors to Boost Market Development

The vacuum truck market size touched USD 1.76 billion in 2022 and is predicted to reach USD 1.86 billion in 2023. The market is anticipated to touch USD 3 billion by 2030, recording a CAGR of 7.1% over 2023-2030.

Fortune Business Insights™ presents this information in its latest report titled “Vacuum Truck Market Size, Share & COVID-19 Impact Analysis, By Product Type (Liquid and Dry Suctioning, Liquid Suctioning Only), By Application (Industrial, Excavation, Municipal, General Cleaning, and Others), and Regional Forecast, 2023-2030”.

City corporations across the world are increasing their dependence on vacuum trucks as they help them manage and clean large quantities of sludge and liquid. Since it is important to maintain proper sewage and septic system, municipal authorities are using these trucks to ensure their smooth functioning and prevent blockages. Many industries and municipal plants use vacuum tankers to suction water and debris, clear out mud deposits, and expose the utility lines to identify leaks and blockages. These factors are expected to boost the vacuum truck market growth.

Great Bend City Council Acquires Stiff Funding to Fix Broke Sewer Lines

In January 2023, the Great Bend City Council approved a purchase agreement worth USD 150,710.74 with a 48-month lease contract with First Kansas Bank to buy a 2023 Vac-Con Freightliner combination truck from Red Equipment LLC. These trucks suck water and other materials, enabling city crews to restore broken sewer lines and other water leaks. They are also utilized for routine hydro-excavating and cleaning duties.

COVID-19 Pandemic Slumped Market Growth Due to Drop in New Vehicle Sales

The COVID-19 outbreak was responsible for creating widespread uncertainty across the market as companies operating in this industry were facing severe cash inflow issues due to a decline in new orders. Also, there was a severe shortage of raw materials and other important components, which hindered the production of vacuum, sewer, and excavation trucks. The closure of international borders disrupted the supply chain network of this industry, further impeding the market growth.

Rising Partnerships Between Construction Apparatus Vendors to Boost Market Development

Vacuum tankers have a wide range of applications, which help them expand their customer pool. Moreover, since these trucks are highly labor-efficient, their demand is increasing among end-users in the industrial and commercial sectors. Many construction apparatus vendors are signing partnership deals with rental fleet operators, which is helping vacuum truck manufacturers develop their products according to their customers’ needs. These developments are expected to help the market share grow.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/vacuum-truck-market-103435

Companies to Boost Market Expansion with Their Vast Product Portfolios

The leading organizations operating in the market have a vast distribution network in developed as well as developing countries and strong product portfolios; these factors are helping the market grow. For instance, KOKS United States Corporation has obtained the status of being the top market player in terms of the production of vacuum tankers and heavy industrial cleaning devices. The company achieved this milestone in 30 years and is said to be one of the world leaders in environment, safety, ergonomics, and quality.

Notable Industry Development:

• March 2023: Climbex from Poland announced that it had ordered another vacuum truck from KOKS. The truck, called the CycloVac Pro, is an ADR suction truck with a cyclone separator and has the SkyTip system. This machine is ideal for suctioning, blowing, transporting, and unloading dry, wet, and hazardous substances.

List of the Companies Profiled in the Report:

• Federal Signal Corporation (U.S.)


• Vac-con Vacuum Trucks (U.S.)


• Keith Huber Corporation (U.S.)


• Sewer Equipment Co (U.S.)


• Alamo Group Inc (U.S.)


• KOKS (Netherlands)


• GapVax Inc. (U.S.)


• Dongzheng Special Purpose Vehicle Co. Ltd (China)


• CAPPELLOTTO S.P.A. (Italy)


• FULONGMA GROUP Co., Ltd (China)

Further Report Findings

• Europe is anticipated to hold a dominating market share during the analysis timeframe as the region is an automotive hub that is increasing its annual manufacturing of vacuum tankers every year. Factors, such as improved standard of living, large-scale urbanization, and growing adoption of these trucks across industries are augmenting the adoption of these vehicles. Moreover, supportive government initiatives and increasing number of water treatment projects are predicted to boost the market’s growth in the region.


• The industry in the Asia Pacific is expected to showcase a healthy growth rate during the forecast period due to the rising demand for removing industrial sludge and slurry to avoid blockage. This region is considered one of the leading automotive hubs as the production volume of vehicles is increasing every year in Asian economies. Moreover, the rising sales of electric and autonomous vehicles and supportive government schemes might help the regional market growth.

Table of Segmentation