14:31 ETGarbage Truck Market to Reach USD 24.8 Billion by 2035 as Electric Fleets, Smart Automation, and Sustainable Waste Collection Transform Municipal Infrastructure

prnewswire
2026.05.11 18:32
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The global Garbage Truck Market is projected to grow from USD 15.9 billion in 2025 to USD 24.8 billion by 2035, with a CAGR of 4.5%. Key drivers include the modernization of municipal fleets, electrification, and smart automation technologies. The market is shifting towards low-emission, connected vehicles, with increasing investments in sustainable waste management. North America leads in electric truck adoption, while Asia-Pacific shows the fastest growth. Challenges include high costs and infrastructure limitations. Major players include Dongfeng Motor Corporation and Heil Environmental, focusing on electric and automated solutions.