India solid waste management vehicles CAGR 7.6% through 2014-19
6 of India’s metro cities, Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata contribute about a third of the nation’s solid waste collection. Solid waste management (SWM) vehicles are purpose built and specially designed for agriculture waste, municipal solid waste including domestic/residential waste, commercial waste, industrial waste, special waste including clinical waste, sewage sludge and chemicals waste.
Solid waste management (SWM) vehicles used by Indian municipal corporations include auto tippers, dumper placers, compactors and backhoe loaders. SWM vehicle market in India is expected to grow based on increasing solid waste generation due to increased population in cities. Implementation of Solid Waste Management Act 2000 regulations and need for municipal corporations to upgrade existing SWM vehicle fleet will boost market growth.
India Solid Waste Management Vehicles Market Forecast & Opportunities, 2019 forecasts solid waste management vehicles CAGR of 7.6% in value terms through 2014-19. Demand comes from municipalities with total solid waste collection capacity at 500-1,000 MT/day. Since the organised solid waste management system isn’t fully developed across India, growth potential is huge.
Auto tippers are expected to continue dominating the market as preferred vehicles for door-to-door collection of solid waste. Compactors are likely to emerge as the fastest growing market segment based on popularity of compaction hydraulic technology in urban regions. Municipalities in South India are more organised and developed in India, thereby the region is expected to continue having the largest share of SWM vehicles used. Major domestic solid waste management vehicle manufacturers are Antony Motors, TPS and Commercial Engineers & Body Builders Company.
TechSci Research listsKAM-AVIDA Enviro Engineers Pvt. Ltd., Industrial Plants & Waste Treatment Corporation, Kailash Vahan Udyog Limited, Accurate Enviro Pvt. Ltd., Narmada India Private Limited, Durga Tractors Private Limited, and Maniar & Company as the other top names in the Indian market.