The global compact road sweepers market size is expected to reach US$ 2.4 Billion in 2022. Sales of compact road sweepers are anticipated to grow at a CAGR of 4.1% in the forecast period from 2022 to 2032. It is likely to be valued at US$ 6.9 Billion in 2032. The ability of compact road sweepers to operate in a very less amount of fuel is set to drive the market.
| Report Attribute | Details |
| Compact Road Sweepers Market Estimated Base Year Value (2021) | US$ 1.5 Billion |
| Compact Road Sweepers Market Expected Market Value (2022) | US$ 2.4 Billion |
| Compact Road Sweepers Market Anticipated Forecast Value (2032) | US$ 6.9 Billion |
| Compact Road Sweepers Market Projected Growth Rate (2022-2032) | 4.1% CAGR |
Compact road sweepers are extensively utilized to clean lanes and roads. These have small structures and thus are considered to be ideal for confined spaces, especially in urban areas.
The demand for compact road sweepers is set to surge at a rapid pace in near future owing to the urgent need for environmental cleanliness to prevent various chronic illnesses.
The higher prevalence of malaria, dengue fever, and cholera because of unclean surroundings is a major factor that is projected to propel the market. According to the World Health Organization (WHO), there were nearly 241 million cases of malaria in 2020 worldwide. This number is set to grow in future, thereby driving the sales of compact road sweepers.
The ongoing construction of smart cities and rapid urbanization are expected to augur well for the market. In addition to that, the increasing focus of regulatory bodies on finding various energy-efficient modes of transportation is another crucial factor that is likely to push sales.
Increasing awareness among people in urban areas regarding the maintenance of a clean environment is set to fuel the compact road sweepers market growth in the assessment period. As compared to manual labor, these sweepers can cover a larger area and take very less time to clean.
Moreover, ongoing industrialization and increasing migration of people through airports are some of the other significant factors that are anticipated to bolster the market. Mechanical broom sweepers are gaining immense popularity across the globe backed by their ability to pick up packed-down or heavy materials, such as road millings. It is also estimated to bode well for the global market.
Though compact road sweepers are mainly preferred in the cleaning of narrow-lane streets, these are associated with shortfalls, such as spending more time in floating and cleaning dust. Hence, manufacturers are striving to strategically distribute their products to enhance sales in emerging economies. They are aiming to surge the availability of sweepers equipped with novel disposable systems that would deliver ease in working. Spurred by the aforementioned factors, sales of compact road sweepers may decline in the upcoming years.
Based on region, North America is anticipated to procure the largest compact road sweepers market share in the evaluation period. The presence of several manufacturers in the U.S. and Canada is likely to drive the regional market.
These manufacturers are mainly focusing on adopting new designs and producing technologically advanced road sweepers to keep up with the upcoming trends. Also, the rising number of new commercial spaces, malls, and city centers across this region is set to accelerate the market.
The growing number of various smart city construction projects in India, China, Malaysia, Japan, and South Korea is anticipated to augment the demand for compact road sweepers in Asia Pacific. The government is also investing huge sums in the development of road infrastructures to enhance the quality of lives.
It is conducting numerous awareness programs to make citizens better understand about the impact of an unclean surrounding. The COVID-19 pandemic that started back in December 2019 also compelled people to keep their surroundings clean to prevent transmission. This trend is likely to continue in future, thereby spurring the Asia Pacific market.
Some of the leading companies in the global compact road sweepers market include Alfred Karcher, Bucher (Johnston), Road Machinery LLC, Fayat Group, Global Environmental Products, Inc., Faun, Hako GmbH, Dulevo, Aebi Schmidt, and Boschung among others.
The global market is highly competitive with the presence of a large number of domestic and international players. Majority of these key players are increasingly focusing on developing cutting-edge road sweepers to cater to the ever-increasing demand from customers. A few other companies are collaborating with start-up firms to co-develop novel products and expand their existing portfolios.
| Report Attribute | Details |
| Growth Rate | CAGR of 4.1% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Customization | Available Upon Request |
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The global compact road sweepers market is anticipated to surpass US$ 6.9 Billion in 2032.
North America is set to lead the compact road sweepers market in the forecast period.
Alfred Karcher, Bucher (Johnston), Road Machinery LLC, Fayat Group, Global Environmental Products, Inc., Faun, and Hako GmbH are some of the renowned companies in the compact road sweepers market.
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