Water Truck Market research to Witness Significant Incremental Opportunity During 2019-2029

Water Truck Market: Introduction

Water trucks are vehicles used for transporting water in a large tank which are attached with hydraulic systems with controlled spray nozzles. Water trucks serve different purposes across various industries and are specially designed for water transportation. Three vital components of the water truck are: a rig beside the driver seat to control the water flow and quantity, a big tank to hold the water along with spray nozzles and a pumping equipment.

Construction sector is also said to be a significant end user of water for slurry and concrete formation on job sites which requires perennial supply of water. To aid the process, water trucks have been employed at a significant rate wherein periodic trips per day are planned between the service provider and the customer.

Some water trucks come with adaptable chassis in different sizes. The versatility enables users to use according to requirement. Size of the tank ranges from 500lt to 50,000lt. Water trucks are used significantly for fire prevention, soil compaction, dust suppression, transportation of recycled water as well as clean (potable) water, civil construction, mining and farming (irrigation). Due to insufficient supply of fresh drinking water in some regions, end users solely depend on water truck supplies.

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Modern water trucks are more sophisticated than the conventional vehicles which has gained them popularity in the mining as well as other industries. The features include: larger tanks, safety ladders, structural I-beams for improved stability, high-tech spray nozzles, rugged-off road tires for uneven grounds.

Water Truck Market: Dynamics

Supply of water in isolated areas, faster water delivery in case of emergency are the major benefits of using water trucks. Increased rate of irrigation in farming due to scanty rate of rainfall in some regions is scaling up the use of water trucks. Mining requires dust suppression in order to maintain healthy air quality, making water trucks paramount in the industry.  Firefighting operations in forests and other places create outrageous demand for water trucks. Construction industry, especially road construction requires a large amount of water supply which is fulfilled by suppliers through water trucks.

Lack of quality control in distribution or transportation of domestic water, in addition to the slow and costly affair are troubling factors for the market growth. Environmental impacts caused by harnessing water resources adds more to the concern. High labor costs and time delays in peak periods are another withdrawing factors for the market.

Certain manufacturers, for example Klein are providing innovative solutions for water trucks such as trap tanks which improves safety in mobile water trucks, smart control an ergonomic and easy to install way of controlling pump functionality. 

Water Truck Market: Segmentation

The global Water Truck market can be segmented on the basis of end use, truck type and tanker capacity.

By end use, the global water truck market can be segmented as:

• Mining
• Construction
• Agriculture
• Firefighting
• Potable Water Supply
  • Household
  • Commercial

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By truck type, the global water truck market can be segmented as:

• Highway
• Off Road

By tanker capacity, the global water truck market can be segmented as:

• Below 6,000lt
• 6,000-20,000lt
• Above 20,000lt

Water Truck Market: Regional Outlook

Countries such as India and China are expected to drive the growth engine of water truck market. Mining and agriculture are among other industries which are necessitating the growth of water truck market, in Asia Pacific. American construction industry, considering North as well as Latin America has a higher growth rate than any other region. In addition to that, rising demand of transportation of potable water is expected to boost the water truck market. Japan is expected to show fair growth in the water truck market. In Western Europe, U.K. is expected to boom surpassing Germany in the water truck market owing to the high growth in construction industry in the recent years. Middle East and Africa, on account of low availability of usable water (both potable and household use) is expected to magnify the market growth.

Water Truck Market: Key Participant

Some of the key players in the global water truck market are:

• Knapheide
• Allquip Water Trucks
• McLellan Equipment
• United Truck & Equipment, Inc.
• Niece Equipment LP
• Jensen Water Trucks
• CEEC Trucks Industry Co. Ltd.
• Valew
• Klein Product Inc.
• GROUND FORCE WORLDWIDE

The research report on the Water Truck market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Water Truck market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, and sales channel.

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Report Highlights:

• Shifting Industry dynamics
• In-depth market segmentation
• Historical, current and projected industry size Recent industry trends
• Key Competition landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance