Refuse Truck/Body & Lift Equipment Manufacturing in North America: Summary
Refuse Truck/Body & Lift Equipment Manufacturing in North America is a rigorous investigation and analysis of North American manufacturers and markets for vehicles and equipment used for the transportation of refuse. This Section B: Summary is extracted from the complete report.
Refuse trucks and related lifting equipment are in strong demand, resulting from aging fleets, new emissions requirements, and pick up in core demand resultant from growing confidence of municipalities to enter into long-term waste management contracts. Average age of fleets is now about three to four years higher than the norm.
This segment of vocational truck manufacturing is an industry unto itself. With over 50 producers in the USA and Canada, this report aims at quantifying the market size and sub-segments for 8 different types of trucks/bodies and key lifting equipment, to present an aggregate view of refuse collection vehicles/equipment. Manufacturing activity ranges from regional one-product specialists to national brands that have most, if not the entire spectrum, of the identified product mix in their offerings. No single manufacturer covers all products scoped in this report, but there is evidence of interest by larger companies in crossing over and adding to the product mix through acquisitions, and such consolidations are expected to continue in this industry.
These and other key aspects of the business of refuse truck/body and equipment manufacturing are examined in this report, providing estimation of market sizing, key segmentations, demand factors, trends and outlook for each of the 8 products, across the 50+ manufacturers in this activity in the USA + Canada.
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