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Waste or Garbage Collection Vehicle Market 2021 Analysis, Opportunities and Forecast To 2031 06-07-2021 12:13 PM CET | IT, New Media & Software Press release from: Transparency Market Research
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Waste or Garbage Collection Vehicle Market: Introduction
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According to the report, the global waste or garbage collection vehicle is projected to reach US$ 20 Bn by 2031, expanding at a CAGR of ~4% during the forecast period. Manufacturers are focusing on the introduction of new features, such as real-time monitoring system, and several new equipment for the collection of waste from segregation and streets, as more number of consumers are preferring zero-emission waste or garbage collection vehicles and autonomous vehicles due to their clean and economical operation. The increase in investments by major players in autonomous vehicles and their applications for improving vehicle safety is likely to drive the global waste or garbage collection vehicle market. For instance, in the latest research and development on self-driving vehicles, the Volvo Group, together with Renova, is testing an autonomous refuse truck that has the potential to be used across the urban environment. The Volvo truck is loaded with the latest technologies and innovations. It We value your privacy! uses a surveying method called LIDAR to measure distance to a target by illuminating that target with a pulsed laser light, and measuring the re몭ected pulses withcookies a sensor. The truck also the AMCS certi몭ed vehicleto data hubend solution on the 2 We use in accordance with has our privacy policy linked below process device information and personal data. This serves the integration of content, external compartment vehicle with the in-cab AMCS On board computer. Using this AMCS technology, the vehicle records relevant data for services and elements of third parties, statistical analysis/measurement, personalized its pay-by-weight operation. advertising as well as the integration of social media. Depending on the function, data is thereby passed on to third parties, also in the USA, with the risk of secret access by Get sample copy of at: US authorities and use for monitoring purposes, possibly also without any legal remedy, and processed by them. By clicking the "Accept All" button, you consent to the https://www.transparencymarketresearch.com/sample/sample.php? above use. This consent is voluntary and can be revoked at any time via the "Cookie 몭ag=S&rep_id=62247 Settings" link at the very bottom of the website footer. If you click on the "Reject all" button, only essential cookies that are necessary for the operation of the website will Expansion of Waste or Garbage Collection Vehicle Market be set. At the bottom left via "Advanced settings" you can select in detail which cookies you want to allow.
Manufacturers in the waste or garbage vehicle market are continuously investing and focusing on innovations such as enhanced maneuverability, reduced noise Reject all levels, 360 degree camera systems, and eco-friendly, zero-emission power sources such as hydrogen cells, lithium ion cells, and electricity. Moreover, the waste or Accept all
garbage collection vehicle over the next few years would be zero-emission vehicles, thus manufacturers are expected to focus on the | development Customize your choice Learn more | and T&C | Legal notice manufacture of zero-emission waste or garbage collection vehicles. This, in turn, boosts the waste or garbage collection vehicles market across the globe. In 2018, Alke launched the ATX range of zero-emission waste or garbage collection vehicles, which include a special vehicle equipped with waste collection body, designed for use in cities and towns, sport centers, railway stations, airports, camping sites, and tourist villages. powered by
Additionally, governments across the globe are taking initiatives to educate people about waste management and recycling. India is projected to be a major market for waste or garbage collection vehicles during the forecast period, as government initiatives, such as smart city and Swachh-Bharat, to create a healthy and clean environment are estimated to offer considerable opportunity to the waste or garbage collection vehicle market across the globe. Segmentation of Waste or Garbage Collection Vehicle Market In terms of loader type, the rear loaders segment accounted for a notable share of the global waste or garbage collection vehicle market. However, the rear loaders segment is expected to gain market share by the end of the forecast period, owing to the increase in the demand for rear loaders garbage collection vehicles as compared to other types of loaders. Rear loader garbage truck are used for both organics and MSW collection. Each of these rear loader garbage trucks can be operated by a single driver, thus increasing crew ef몭ciency. This, in turn, is estimated to propel the rear loaders segment during the forecast period. In terms of application, the non-residential segment dominated the global waste or garbage collection vehicle market, in terms of value, in 2020. However, the municipal waste segment is anticipated to expand at a notable CAGR during the forecast period, owing to a rise in preference by municipalities of various countries across the globe to employ waste or garbage collection vehicles for collection of waste. This, in turn, is estimated to boost the non-residential segment during the forecast period. The rise in concerns regarding increasing pollution levels has prompted authorities of several governments to tighten their norms regarding emission standards. The demand for electric waste or garbage collection vehicles is high, especially in case of heavyduty trucks, which signi몭cantly contributes to hazardous fuel emission. Furthermore, a lack of standard protocols for the development of garbage collection vehicles and the high initial cost of electric waste or garbage collection trucks are key factors restraining the market. Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=EB&rep_id=62247 Waste or Garbage Collection Vehicle Market Players Prominent players operating in the waste or garbage collection vehicle market include AUTOCAR, LLC., AMS Spa, EcoZeta S.r.l., EOW INTERNATIONAL COLLABORATION & MANUFACTURING LLC, FAUN Umwelttechnik GmbH & Co. KG, Fratelli Mazzocchia Spa, GEP
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