Global Snow Sweeper Truck Market Research, 2031
The global snow sweeper truck market size was valued at $361.4 million in 2021, and is projected to reach $555.9 million by 2031, growing at a CAGR of 4.4% from 2022 to 2031. Snow sweeper truck is a vehicle especially made for removing snow from the pavements, roads, streets, airports, and others. The snow sweeper truck can either have a rotating brush or a metal wedge/blade, mounted in its front. Both the types have distinguished application, where the rotating brush type is used for managing snow of about 4 inches depth, the wedge type is useful for deeper snow accumulation.
Accumulation of snow on the streets, airports’ runways, and highways typically results in closure of these infrastructure, resulting in public discomfort, hinderance in supply-chain of day-to-day items in the snow bound areas. Thus, authorities make use of snow sweeper trucks for removing snow from streets, airports’ runways, and highways. Snow sweeper trucks are also used occasionally by the farmers to manipulate the depth of snow accumulated on the crop field. Such factors drive snow sweeper truck market growth.
Snow sweeper truck are one of the important components among all the winter maintenance machineries. These are widely used in the Europe, and North America, as a significantly large number cities are situated in the snow bound areas such as Nordic countries, Canada, and Northern U.S. Further, with the increase in construction of various infrastructure, such as roads, buildings, and airports in the snow bound areas across the world is expected to increase the demand for snow sweeper trucks. Moreover, people across the world reach many snows bound areas across the world for enjoying winter sports, such as skiing, and snowboarding. And, as the spread COVID-19 is subsiding, the winter tourism is witnessing a recovery, resulting in increased number of vehicles on roads in snow bound areas. This also is expected to drive significant growth in the snow sweeper truck market.
On the basis of type, the wedge snow sweeper truck segment accounted for the highest market share in 2021, owing to its ability to sweep large volume of snow at a time. Facilities such as airports, and racing tracks also use them for sweeping away deep snow, prior to using rotary snow sweeper truck for precision snow sweeping. Integration of technologies GPS, heads-up display, and infrared cameras in the trucks are expected to drive growth of wedge snow sweeper truck market in the coming years.
Witnessing the growth of the snow removal equipment market, including snow sweeper truck market, various companies are expanding into the snow sweeper truck market. For instance, in 2022, Snake River Holdings, a holding company based in Idaho, which is focused on the large equipment for agricultural and industrial needs, announced purchase of Kodiak America. Kodiak America is a worldwide designer, developer, manufacturer and distributor of premier snow removal equipment. Other companies such as Alamo Group Inc., Ash Group, Douglas Dynamics LLC offer a wide range of snow sweeper trucks and related components.
By Application
Highway segment holds dominant position in 2021
On the basis of application, the highway segment was the largest segment in 2021, owing to wide-scale usage of snow sweeper trucks for removing snow from highways.Indian government is planning to construct roads in its northern states such as such as Ladakh, Jammu & Kashmir, and Uttarakhand for better connectivity. Similarly, U.S. government has also allocated significant resources for development of roads in the state of Alaska. Such developments are expected to provide lucrative opportunities for the growth of snow sweeper truck market.
The novel coronavirus had rapidly spread across various countries and regions, causing an enormous impact on the lives of people and the overall community. It began as a human health condition and later became a significant threat to global trade, economy, and finance. The COVID-19 pandemic had halted the production of snow sweeper trucks and its components due to lockdown. However, owing to the introduction of various vaccines, the severity of COVID-19 pandemic has significantly reduced. As of mid-2022 the number of COVID-19 cases have diminished significantly. This has led to the full-fledged reopening of snow sweeper trucks and its components manufacturers at their full-scale capacities. Furthermore, it has been more than two years since the outbreak of this pandemic, and many companies have already shown notable signs of recovery.
Furthermore, the technological advancement that have enabled the autonomous operation of snow sweepers especially for the airport application, is expected to provide lucrative opportunities for the growth of snow sweeper truck market.
The global snow sweeper truck market is segmented into Type, Business and Application. By type, the market is categorized into rotary snow sweeper truck, and wedge snow sweeper truck. On the basis of business type the market is categorized into OEM and aftermarket. On the basis of application, the market is categorized into street, airport, highway, and agriculture.
By Region
Europe holds a dominant position in 2021 and Asia-Pacific is expected to grow at a significant rate during the forecast period.
Region wise, the snow sweeper truck market share is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe dominated the market in 2021, accounting for the highest share. While the market in Asia-Pacific is anticipated to grow at highest CAGR during the forecast period. This is attributed to increase in investments in infrastructure construction in the snow-bound areas.
Competition Analysis
Key companies profiled in the snow sweeper truck market report include Alamo Group Inc. (Henke Manufacturing Corporation), Bucher Industries AG, Boschung Group, Douglas Dynamics, Inc., M-B Companies, Inc., Nichijo Corporation, Oshkosh Corporation, Team Eagle Ltd., Telemet Sudamerica S.A, and Zoomlion Heavy Industry Science And Technology Co. Ltd.
Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging snow sweeper truck market trends and dynamics.
- In-depth snow sweeper truck market analysis is conducted by constructing market estimations for key market segments between 2021 and 2031.
- Extensive analysis of the snow sweeper truck market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing snow sweeper truck market opportunity.
- The global snow sweeper truck market forecast analysis from 2022 to 2031 is included in the report.
- The key players within snow sweeper truck market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the snow sweeper truck industry.
Global Snow Sweeper Truck Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 555.9 million |
 Growth Rate | CAGR of 4.4% |
 Forecast period | 2021 - 2031 |
 Report Pages | 287 |
 By Type |
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 By Business |
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 By Application |
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 By Region |
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 Key Market Players | Team eagle, Oshkosh Corporation, Nichijo Corporation, Alamo Group, M-B Companies, Shenyang Deheng, Douglas Dynamics, Telemet Sudamerica S.A, Zoomlion, Boschung |
Analyst Review
The snow sweeper truck market has witnessed significant growth in past few years, owing to infrastructural development in snow-bound areas across the world, and recovery in winter tourism.
Every winter season many countries across the world such as Canada, U.S., China, India, Lesotho, and countries in Europe witness significantly large volumes of snow that accumulate on roads, airports, and streets. This result in obstruction of transportation, flight diversion, flight delays, and flight cancelation, leading to discomfort for the general public. Thus, snow sweeper trucks are widely used for removing this accumulated snow and reinstating the general life in the region.
The increasing population in snowbound areas is driving the need for quick and better transportation. In addition to that, for many hilly snow-bound regions, roads act as a lifeline which is always needed to be kept in running condition; thereby, driving demand for snow sweeper trucks.
However, with the gradual reduction in snowfall in many areas owing to global warming, the demand for snow sweeper trucks is expected to be influenced negatively. Conversely, the integration of automation in the snow sweeper trucks is anticipated to provide lucrative opportunities for growth for the snow sweeper truck market.
Rise in government spending on infrastructure construction in snow prone area is upcoming trend of Global Snow Sweeper Truck Market in the world
Highway is the leading end user of Global Snow Sweeper Truck Market
Europe is the largest regional market for Global Snow Sweeper Truck
The snow sweeper truck market size was valued at $ 3,61,430.2 thousand in 2021
Alamo Group Inc. (Henke Manufacturing Corporation), Bucher Industries AG, Boschung Group, Douglas Dynamics, Inc., M-B Companies, Inc., Nichijo Corporation, Oshkosh Corporation, Team Eagle Ltd., Telemet Sudamerica S.A, and Zoomlion Heavy Industry Science And Technology Co. Ltd.
The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
The product launch is key growth strategy of Snow Sweeper Truck industry players.
Based on type, the Wedge Snow Sweeper Truck segment holds the maximum market share of the market in 2021.
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