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Vacuum Truck Market Trends, Forecast and Competitive Analysis to 2030: Emerging Opportunities in Industrial and Environmental Cleaning to Propel Vacuum Truck Market Toward $2.6 Billion by ...

Alamo Group, Inc. (ALG) 
Last alamo group, inc. earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: alamo-group.com/investor-relations
Company Research Source: Yahoo! Finance
The future of the global vacuum truck market looks promising with opportunities in the industrial, excavation, municipal, and general cleaning markets. The global vacuum truck market is expected to reach an estimated $2.6 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are rise in environmental consciousness, growing need for industrial cleaning applications, and boom in the demand for waste management. The report forecasts that dry and liquid suctioning will remain the larger segment over the forecast period because it is especially crucial for sectors of the economy that generate a lot of waste or are subject to tight laws governing the collection and disposal of waste. Europe will remain the largest region over the forecast period due to presence of established manufacturers and high market penetration, increasing construction activities, launch of new product variants, as well as, integration of advanced technologies. The study inclu Show less Read more
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