North America Vacuum Truck Market Size, Share & COVID-19 Impact Analysis, By Product Type (Liquid and Dry Suctioning and Liquid Suctioning Only), By Application (Industrial, Excavation, Municipal, General Cleaning, and Others), and Regional Forecast, 2022-2029

The North America vacuum truck market size was valued at USD 647.0 million in 2021. The market is projected to grow from USD 692.3 million in 2022 to USD 1,237.4 million in 2029, exhibiting a CAGR of 8.7% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with vacuum truck experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the North American market exhibited a decline of 11.19% in 2020 as compared to 2019.  

Vacuum trucks are primarily used for preventive maintenance and sewer cleaning, commonly known as sewer trucks or vacuum tankers. Cities often employ them to handle large-scale liquid and sludge clean-up, most commonly in sewer and septic system maintenance. Moreover, these trucks are majorly used for municipal & industrial applications for suctioning water & other wastes.

COVID-19 IMPACT

Decreased Demand for New Vehicles Sales Declined Revenues Amid COVID-19 Pandemic

In the initial month of 2020, the North America market was severely affected due to COVID-19. The revenues of commercial vehicle sales, component suppliers, and overall supply chain have been disturbed completely due to the coronavirus (COVID-19) outbreak. The North American trucking industry has fallen in volume unit sales/production and individual revenues. For instance, the dumpster rental industry in 2020 has seen a decline of 7.1% in its overall business due to lower consumer spending. Moreover, the major company’s net income decreased by around 10% due to COVID-19.

Furthermore, Federal Signal had USD 992.9 million in revenue in 2019 and later reached USD 915.8 million in 2020. Similarly, many other companies that contribute majorly to North America’s sewer cleaning business have seen a decline in their business due to the pandemic. However, steady economic growth and growing value chain interactions are anticipated to contribute to the North America vacuum truck market growth in 2021. Similarly, companies' active involvement in waste management, cleaning demand fulfillment, and strategies to grow their business are all likely to create the product demand.

LATEST TRENDS

Increasing Commercial Rental Companies Strategies and New Alliance to Propel Market Growth

The anticipated rise in oil & gas industry activities, industrialization, and urbanization has propelled the activities among rental and vacuum manufacturers. The rising demand for vacuum trucks in towns and municipalities for various applications, including industrial waste management, sewer cleaning, and crash removals has created a demand for the product’s services. Further, this has increased the production and rental business. For instance, Vac2Go, a truck rental company, has expanded its portfolio in the northern Ohio region by opening its newest location in Canton, Ohio. In addition, companies involved in the value chain extended their support toward the expansion, especially with the rental fleet holding companies in recent times. As a result, the customer centric products are developed & designed to cater to the increasing product demand. Thus, the new alliances & active developments will surge the demand for the product over the forecast period.

DRIVING FACTORS

Launch of Innovative and Advanced Vacuum Trucks to Fuel Market Growth

These trucks are designed to bear, clean up a full field of materials, and recycle and recover valuable raw materials. The key players are focusing on developing innovative and advanced trucks that are easy to maintain and operate, giving consumers rugged performance wherever and whenever needed. For instance, in 2020, KOKS company launched a high-pressure water unit (vacuum truck) straddling an extended 25ft. Vessel with a commanding SIR permitted Hammelmann 700hp high-pressure pump.

The new types of trucks are also manufactured to operate in extreme conditions. For instance, recently, Vac-Con started offering the next-generation of trailer-mounted sewer jet units under its VecJet portfolio, which further has standard features including a rotating hose reel with 500 feet of sewer hose, hydraulic feed and retract with manual swivel, wireless remote, anti-freeze tank system for cold weather use, and various lighting options and an electronic, weather-proof control panel.

Furthermore, the new generation of vacuum trucks is more sustainable, reliable, and durable, which will boost the rapid growth in the adoption of these trucks in markets across the globe. For instance, air vacuum mover trucks with a cyclone separator are developed for heavy industrial use and are suitable for displacing, suctioning, transporting, and discharging wet, dry, and hazardous substances.

In addition, one of the leading companies, Vactor, introduced iMPACT combination cleaner and developed Ramjet jetter that is featured in state-of-the-art IntuiTouch products. All such innovation and export activities to reach each regional need will impact the growth of the vacuum truck market in North America.

Easy Operations and Rising Environmental Awareness to Drive Market Growth

The rising urban population in North American countries, rising awareness about waste management activities, and innovative features in vacuum trucks to ease overall operations with time saving are impacting the growth of the vacuum truck market. Moreover, the end-use applications of the product in North America have seen growth in recent times, owing to customized trucks, reliable & safe withstand ability of trucks, and use of lightweight material construction & manufacturing of vacuum trailers, altogether propelling the product demand in the regional market. Further, implementing waste management practices in agriculture, industrial, logistics, sectors are fueling to strengthen the product demand in major countries.

RESTRAINING FACTORS

Low Waste Collection Rates in Lower-Middle and Low-Income Countries to Propel Market Growth

Municipal solid waste collection rates vary significantly based on the countries' development or income level. The municipal solid waste collection rate in high-income countries is almost 100%, which is lower than 50% in low-income countries. Moreover, the municipal solid waste collection rates in North America and Europe are 100% and 90%, respectively. On the other hand, it is less in respective regional low income countries. Thus, the lower demand in less populated countries significantly impacts the overall regional business.

SEGMENTATION

By Product Type Analysis

Liquid & Dry Suctioning Product to Dominate the Market Owing to Rising Industrial Wastage and Anticipated Growth in Oil & Gas Projects

Based on product type, the North America vacuum truck market is divided into liquid suctioning only and liquid and dry suctioning. The liquid and dry suctioning segment occupies the largest market share in North America. The liquid suctioning only segment will dominate in the forecast period due to the anticipated rise in oil & gas septic tank cleaning projects under wastewater management project/initiation. Moreover, the growing demand for industrial application of excavation trucks in developing countries and increasing government emphasis on waste management are anticipated to surge the demand for liquid & dry suctioning trucks.

By Application Analysis

Industrial Segment Is Expected to Hold the Largest Market Share

Based on application, the market is segmented into municipal, industrial, general cleaning, excavation, and others.

Currently, the industrial segment occupies the major market share in the North America market. Factors, such as rising urbanization, in-lined waste management projects, and rising need for sewer cleaning trucks, across key countries are driving the segmental growth. Furthermore, the municipal application segment also holds a significant share in the market as key players are focusing more on production of municipal truck features by considering customer centric design coupled with an increasing need for cleaning municipal waste materials. In addition, general cleaning and excavation segments are also anticipated to exhibit a maximum market value and volume share in the coming period.

COUNTRY INSIGHTS

The U.S. stood at USD 503.5 million in 2021 and is projected to reach USD 945.1 million by 2029 at a CAGR of 8.4% over the forecast period. The country is likely to dominate the North America vacuum truck market share due to active government initiatives, upcoming industrial growth, demand for commercial vehicles, advanced technology use, and customers' preference for a clean environment and safety.

Canada is the second-largest contributor to the North America market. The growth is attributed to rapid increase in urbanization, rising export of trucking, and improvement in the standard of living. Moreover, adequate cleaning policies in the U.S. and Canada are responsible for market growth. Furthermore, the increasing adoption of strong governmental initiatives and ongoing projects are likely to boost the development of the market in the region during the forecast period.

Mexico holds the third-largest position in the market as the rising prevalence of rental fleet owners and applications in industrial areas. Industries' transformation toward electric trucks and new upcoming in-line innovative products are anticipated to substantially increase the product demand over the forecast period. The market is expected to show a higher growth rate during the forecast period.

KEY INDUSTRY PLAYERS

Companies Strengthen their Product Portfolio to Boost their Market Position

The market is consolidated, owing to the strong product portfolio and noteworthy distribution network of major companies in North American countries. Currently, prominent players in the industry, such as Vactor Inc, Keith Huber Corporation, Federal Signal Corporation, KOKS, and Vac-con Truck and Manufacturing, together account for the majority of the market share.

The key players are focusing on developing technologically advanced trucks. For instance, in March 2021, Vac-Con successfully launched its next generation of trailer-mounted sewer jet units under VecJet portfolio. Consumers can select a 375-gallons or 750-gallon water capacity engine with gas and diesel as fuel options.

LIST OF KEY COMPANIES PROFILED:

• Federal Signal (U.S.)


• Vac-Con (U.S.)


• Keith Huber (U.S.)


• Sewer Equipment (U.S.)


• Vacall Industries (U.S.)


• KOKS (Netherlands)


• Dongzheng (China)


• Vactor Inc (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• January 2021 – Vac-con Truck and Manufacturing, Inc. announced Westvac Industrial Ltd. as the exclusive dealer of Vac-Con products in Western Canada. Westvac will provide sales, service, and support to Vac-Con customers in this region.


• November 2020 - KOKS rolled out CycloVac Pro. CycloVac Pro is a flagship model in the vacuum tanker section. It is used for heavy duty suction, displacement, and transportation activities in the construction and (petro) chemical industries and for all general industrial applications.


• September 2021- Federal Signal Corporation, an environmental and safety solutions provider, announced a definitive agreement to purchase all the assets and operations of Ground Force Worldwide (GFW) substantially for a cash consideration of USD 45 million. Headquartered in Post Falls, Idaho, GFW is a leading manufacturer of specialty material handling vehicles that support the extraction of metals. Its current product portfolio includes fuel and lube trucks, water trucks, dump bodies, and rock spreaders.


• March 2020 - Sewer Equipment, an industry leader in the sewer cleaning and vacuum cleaner market for over 75 years, announced a partnership with Brown Equipment Company, a new distributor in Indiana, Ohio and Kentucky.


• December 2021 – Federal Signal Corporation, a leader in environmental and safety solutions, announced the acquisition of Deist Industries, Inc., Bucks Fabricating, LLC, Roll-Off Parts, LLC, and Switch-N-Go, LLC (collectively "Deist"), all of which are located in Pennsylvania. Deist manufactures and sells replaceable truck body systems for work trucks in class 3-7 range and a full array of garbage hauling items such as front/rear loading containers and customized roll-off containers.

REPORT COVERAGE

The North America vacuum truck market report provides a detailed market analysis and focuses on key aspects such as leading companies, product types, and leading product applications. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that have contributed to the market's growth in recent years.

Report Scope & Segmentation