Accelerating rate of industrial expansion and inept processes of waste handling are intensifying the concern apropos waste management among various worldwide bodies. According to the World Bank, about 2 Bn tons of solid waste was generated in 2016, which is further estimated to surpass the 3 Bn mark by the next three decades. The fact seems to be indubitable realizing the growing rate of demographics and urbanization.
Citing the demanding situation, governments across the globe are increasing investments substantially to assure the effective operation of wastewater treatment and solid waste management setups. Garbage collection trucks are paramount in such treatment and management plants, and with the inclusion of recycling facilities, the vehicles are becoming a vital component of solid waste treatment. Countries including, China, and India, are centering their focus on upgrading infrastructure, and waste management initiatives under the Five-Year Plan and Swaccha Bharat respectively.
Persistent Market Research, in its recent business intelligence report, reveals the nitty-gritty of the global garbage collection trucks market. As per the study, the global garbage collection trucks market sold ~62, 000 units in 2018, and is anticipated to progress at a steady CAGR of ~4% over the foreseeable timeframe, reaching ~US$ 7 Bn. Rising industrial projects in tandem with massive waste generation across the globe are the prime drivers for an enhanced business footprint.
Garbage Collection Trucks Find Purpose in Municipal Waste Management
The World Bank reports suggest that the waste generation footprint in 2016 reached about 0.74 kilograms a day, which is set to increase with an upsurge in industrialization and urbanization. Individuals residing in developing countries are highly subject to the impacts of inefficient methods of solid waste management, particularly in low-income countries where a majority of municipal wastes is disposed in unregulated dumps or burnt openly.
Recycling methods are an essential aspect of the techniques to decrease the degradation and conservation of natural resources. As such, garbage collection trucks become necessary for proper management of municipal solid wastes to avoid adverse environmental, and health effects.
Automatic Garbage Collection Trucks – An Ideal Refuse Collection Vehicle
The US classification of trucks categorizes garbage collection trucks under the class 8 category – heavy trucks. In the US, heavy trucks contribute to a third of automobile discharge and fuel consumption. Consequently, the regulatory bodies are mandating the employment of automatic garbage collection trucks in a bid to restore sustainability.
Request For Report Sample: https://www.persistencemarketresearch.com/samples/22030
Manufacturers are relying on technological advancements to enhance the performance of garbage collection trucks for achieving fuel efficacy. In a bid to improve the efficiency of the existing garbage collection trucks, innovators are developing lightweight versions with better refuse collection capacity. In addition, market players are introducing advanced features, such as extended working hours, and reduced downtime.