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A03718 | Pages: 287 | Charts: 55 | Tables: 134 |
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.
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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.
[TYPEGRAPH]
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.
[APPLICATIONGRAPH]
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.
[REGIONGRAPH]
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
Key Market Segments
Key Market Players