Vacuum Truck Market Size

Vacuum Truck Market size was valued at USD 2.13 Billion in 2023 and is likely to exceed USD 4.77 Billion by the end of 2036, registering over 6.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of vacuum truck is evaluated at USD 2.25 Billion. The growth of the market can primarily be attributed to the increasing volume of wastewater from households flowing into septic tanks or cesspools along with growing use of vacuum truck worldwide by waste management companies to empty them. It was estimated that, 359 billion cubic metres of wastewater are produced globally every year.

Vacuum trucks are capable of moving large amounts of both hazardous and non-hazardous materials and is a vital tool for the environmental services industry. Vacuum trucks are highly versatile, and are often used by cities to handle large-scale liquid and sludge clean up, to suction water and debris left from hydro-excavation or drilling jobs and others. They can also be used in industrial settings, with uses in industries ranging from oil and gas terminals to manufacturing, farms, food-grade facilities, powerplants and others.  With higher rate of urbanization as well as rising gross domestic product (GDP) along with increasing number of municipal wastewater treatment plants, there is a surge in higher per capita sludge production. The demand for vacuum trucks is on the rise amongst the municipal service providers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global vacuum truck market during the forecast period. For instance, there were over 5400 municipal wastewater treatment plants operating in China, leading to an annual sludge productivity of 39 million tons in 2019.