"Market Intelligence for High-Geared Performance"

Utility Truck Market Size, Share & Industry Analysis, By Truck Type (Garbage Truck, Fire Truck, Dump Truck, Sweeper Truck, and Others), By Engine Type (ICE and Electric) and Regional Forecast, 2019-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI102616

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global utility truck market size was valued at USD 47.22 billion in 2018 and is projected to reach USD 163.0 billion by 2032, exhibiting a CAGR of 10.0% during the forecast period. Europe dominated the global market with a share of 31.26% in 2018.

These trucks are the common trucks prominently used by the utility industries. These are designed with more robustness than common transportation trucks to perform a specific operation such as carrying garbage, carrying small loads, dirt cleaning, etc. The increasing need for sustainable infrastructure and prominent growth in the municipal budgets are significantly contributing to the growth of the market during the forecast period at a notable CAGR. The market comprises the garbage truck, fire truck, dump truck, sweeper truck, and others. Along with that, these trucks are bifurcated into ICE and Electric engine.

Download Free sample to learn more about this report.

Global Utility Truck Market Overview

Market Size:

  • 2018 Value: USD 47.22 billion
  • 2032 Forecast Value: USD 163.0 billion by 2032, with a CAGR of 10.0% from (2019–2032).

Market Share:

  • The garbage truck segment dominated the market by vehicle type and is expected to maintain its lead through 2026.
  • The internal combustion engine (ICE) segment holds a substantial share, but electric and hybrid utility trucks are gaining momentum as an emerging category.

Industry Trends:

  • Growing focus on electric and hybrid powertrains in utility trucks is reshaping the competitive landscape.
  • Increasing development of electric garbage and fire trucks indicates a broader transition to low-emission fleet solutions.
  • OEMs are enhancing truck versatility and technology integration, including safety systems and autonomous features.

Driving Factors:

  • Technological advancements in battery systems and electric drivetrains are enabling the commercialization of alternative-fuel utility trucks.
  • Government investments in urban infrastructure, waste management, and emergency services are driving demand.
  • Rising environmental regulations and sustainability goals are pushing fleet operators to adopt greener solutions.
  • Strong OEM presence and competition (including Daimler, BYD, Volvo, Navistar, and others) is accelerating innovation and global market penetration.

An increase in the global population and increasing urbanization have created a substantial demand for the market. However, in the coming years, electric utility trucks are expected to become more popular and preferred by the consumers as well as manufacturers, as they emit zero emissions and are not hazardous to the environment. Thus, these parameters are expected to fuel the demand for this utility truck market during the forecast period at a significant CAGR.

MARKET TRENDS

Compressor type of Garbage Trucks to Increase in the Load Carrying Capacity are Becoming More Popular in Developed Economies

The expansion of urban areas has created an opportunity for garbage trucks. Thus, it has become essential to improve the efficiency and load-carrying capacity of garbage trucks. Along with this, the cost of collecting and transporting garbage accounts for a high percentage of waste disposal operations. There is an increasing adoption of compressor type garbage trucks. Due to, the compressor type garbage truck presses down the garbage on the floor with the help of a pressing plate. Thus, this creates more garbage carrying capacity in the trucks. Thus, there is rapid growth in compact compressor garbage trucks in various developed and developing countries that are used to reduce body weight and increase load-carrying capacity.

Moreover, due to the issue of global warming, low pollution, electric, or compact garbage trucks are used to avoid hazardous emissions to the environment. These trends are ultimately propelling the growth of the market across the globe during the forecast period at a substantial CAGR.

MARKET DRIVERS

Introduction of Technologically Advanced Electric and Hybrid Utility Truck is Expected to Remain the Key Driving Engine

Rapid growth in manufacturing electric and hybrid vehicles is continuously propelling the growth of the market. Continuous focus by market players to innovate and introduce new electric trucks has led to the emergence of these trucks in the market. Furthermore, some of the key factors propelling the growth of the electric utility truck market are the enhancement of strict emission norms imposed on commercial trucks, commercial vehicles, and initiatives for the adoption of cleaner and zero-emission.

Governments across the globe are putting regulatory norms on the truck and vehicle manufacturers to reduce carbon emission produced by the diesel fuel combustion, and to invest in the electric trucks. These factors are contributing to the growth of the electric utility truck market across the globe during the forecast period at a significant CAGR.

For instance, DAF introduced the CF and LF electric trucks and the XF and CF hybrid trucks in 2018; Peterbilt developed the Model 579, Model 520, and Model 220 electric trucks; and Kenworth unveiled a T680 hybrid truck and two T680 hydrogen fuel cell models. These factors will propel the growth of the market during the forecast period at a significant CAGR.

Increasing Urbanization And Increasing Amount of Generated Waste is Anticipated to Boost the Demand for Utility Truck

Various cities across the world are facing problems due to increasing urbanization, and one of the critical issues is the increasing amount of generated waste. The public waste bins are filling faster, and many containers end up overflowing. Thus, ultimately there is a growing demand for garbage trucks in many countries. Moreover, the rapid growth in road networks across the key cities, fast processing of cleaning the roads, low labor cost, and increased work efficiency has created a demand for the sweeper utility trucks across the globe. These factors are projected to boost the growth of the utility truck market during the forecast period at a substantial CAGR. On the other hand, many developed economies have a waste collection process, which is efficient enough to prevent major disasters from happening.

MARKET RESTRAINT

High Cost of Electric Utility Trucks is Expected to Hamper the Growth of Market  

Despite the rapid adoption of these trucks by various governmental organizations and private associations, the high cost associated with electric utility trucks is hampering the growth of the market. This high cost is anticipated to hamper the market within the developing economies due to a lack of funds spending power. Added to this, the lack of infrastructure for charging the battery has also hindered the growth of the market.

SEGMENTATION

By Truck Type Analysis

To know how our report can help streamline your business, Speak to Analyst

Garbage Utility Truck Dominated the Global Market

Based on the truck type, the market is segmented into a garbage truck, fire truck, dump truck, sweeper truck, and other. Increasing urbanization and an increasing amount of generated waste are anticipated to boost the demand for garbage utility trucks. The garbage truck segment is estimated to reach a value of USD 41.63 billion in 2025. Technological advances in these trucks, such as automated loading, and unloading of garbage, along with other benefits, are contributing to the dominance of these trucks in the global market. On the other hand, the dump utility trucks market is also expected to register a significant CAGR during the forecast period. Introduction to the new and technologically advanced utility trucks are estimated to boost the market growth. Along with that, increasing prominence cleanliness of roads and highways, the sweeper trucks are also anticipated to register moderate growth in the forecast period.

By Engine Type Analysis

ICE (Diesel, Gasoline, Hybrid, CNG) Engine to Dominate the Global Market  

In terms of engine type, the market is segmented into ICE (Diesel, Gasoline, Hybrid, CNG) and electric engine. The low cost associated with the ICE engine remains the key driving factor for the ICE engine utility trucks market. The ICE segment dominated the market with a share of 64.3% in 2025. However, with increasing awareness about environmental safety, there is tremendous growth expected in the electric utility trucks market during the forecast period at a significant CAGR. 

REGIONAL ANALYSIS

Europe Utility Truck Market Size, 2015-2026 (USD Billion)

To get more information on the regional analysis of this market, Download Free sample

The market size in North America stood at USD 18,085 million in 2018. The market in the region dominated garbage trucks. Rapid growth in manufacturing the utility vehicles and rising amount of waste generated by the area and increasing government initiatives for clean hand whole country is expected to propel the utility truck market growth during the forecast period at a significant CAGR.  

The market in Europe and Asia Pacific is projected to register a high CAGR during the forecast period. Increasing urbanization and rapid population growth are anticipated to drive the demand for these trucks in Europe and Asia Pacific during 2019-2026. Europe is projected to exhibit a CAGR of 8.4%. Increasing government initiatives in the Asia Pacific and the presence of a large and automotive market in the region together are anticipated to drive the market growth in the Asia Pacific during the forecast period. The market in China is expected to grow at a steady CAGR of 9.2. These aspects are expected to drive the growth of the market across the globe at a significant CAGR.  The utility truck market in the U.S. is projected to grow significantly, reaching an estimated value of USD 23891.0 million by 2026. The utility truck market in Japan is expected to reach an estimated value of USD 607.1 million in 2025.

KEY INDUSTRY PLAYERS

Daimler AG, Paccar Inc., BYD Motors Inc., and Tata Motors are Leading the Utility Truck Market

The competitive landscape of this market depicts a monopoly dominated by Daimler AG, Paccar Inc., and BYD Motors Inc. A diversified product portfolio of these trucks, along with constant innovations by the company leading to new introductions, are prominent factors responsible for the dominance of the company.

However, regional players such as B Ford Motor Company, AB Volvo, Rosenbauer International AG., Navistar, and ASHOK LEYLAND have entered this market competition with innovative trucks. This is estimated to positively influence the global market as these companies are anticipated to gain market share during the forecast period.

LIST OF KEY COMPANIES PROFILED:

  • AB Volvo
  • BYD Motors, Inc.
  • Daimler AG
  • Rosenbauer
  • International AG.
  • Navistar
  • Paccar
  • Pierce Manufacturing, Inc.
  • Others

KEY INDUSTRY DEVELOPMENTS:

  • 2018 - DAF introduced the CF and LF electric trucks and the XF and CF hybrid trucks in 2018; Peterbilt developed the Model 579, Model 520, and Model 220 electric trucks, and Kenworth unveiled a T680 hybrid truck and two T680 hydrogen fuel cell models.
  • 2016 – BYD, one of the prominent China-based manufacturer, launched the industry’s first all-electric, long-range electric garbage truck, the truck is made for zero-emission

REPORT COVERAGE

The utility truck market report provides a detailed analysis of the market and focuses on key aspects such as leading companies, truck types, and leading applications of the product. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market over years.

An Infographic Representation of Utility Truck Market

To get information on various segments, share your queries with us


Report Scope & Segmentation

 ATTRIBUTE

 DETAILS

Study Period

  2015-2026

Base Year

  2018

Forecast Period

  2019-2026

Historical Period

  2015-2017

Unit

  Value (USD Billion) & Volume (Thousand units)

Segmentation

By Truck Type

  • Garbage Truck
  • Fire Truck
  • Dump Truck
  • Sweeper Truck
  • Others

By Engine Type

  • ICE (Diesel, Gasoline, Hybrid, CNG)
  • Electric

By Geography

          • North America (USA, Canada, and Mexico)
          • Europe (Germany, France, U.K., and Rest of Europe)
          • Asia Pacific (Japan, China, India, South Korea, and Rest                ofAsia Pacific)
          • Rest of the World

 



Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 47.22 billion in 2018 and is projected to reach USD 90.66 billion by 2026.

In 2018, the market value stood at USD 47.22 billion.

Growing at a CAGR of 8.7%, the market will exhibit steady growth in the forecast period (2019-2026).

The garbage Utility Truck segment is expected to be the leading segment in this market during the forecast period.

The introduction of technologically advanced electric & hybrid utility trucks is expected to drive the market.

Daimler AG is one of the leading player in the global market.

North America dominated the market share in 2018.

Seeking Comprehensive Intelligence on Different Markets?Get in Touch with Our Experts Speak to an Expert
  • REPORT UPDATE
    IN PROCESS
  • 2019-2032
    (IN PROCESS)
  • 2024
    (IN PROCESS)
Download Free Sample

    man icon
    Mail icon
Growth Advisory Services
    How can we help you uncover new opportunities and scale faster?
Automotive & Transportation Clients
Bosch
Hitachi
Hyundai
KIA
Siemens
Honda
Bajaj Auto
BP
Continental AG
Exonn Mobil
Hankook Tire & Technology
iSuzu
Jindal Group
Magna
MG Motor
Nissan
Piaggio
Thyssenkrupp Components
Toyota Boshoku Corporation
Yokogawa