Compact road sweepers are compact sized mechanical brooms with powerful suction blowers ideal for sweeping small or congested urban areas. These are low maintenance and compact sized sweeping machines cost effective for urban municipalities. Compact road sweepers can sweep effectively in narrow streets, sidewalks and parking areas without damaging landscape or infrastructure. The compact design provides excellent maneuverability facilitating cleaning of areas unreachable by regular road sweepers. Growing urban population and increasing municipal waste has boosted demand for compact and efficient street cleaning equipment.
The global compact road sweeper market is estimated to be valued at US$ 2.64 Bn in 2024 and is expected to exhibit a CAGR of 4.4% over the forecast period 2024 to 2031.
Key Takeaways
Key players: Key players operating in the compact road sweeper market include Aebi Schmidt, Alamo Group, Bucher (Johnston), Dulevo International, Elgin Sweeper Company, Exprolink, FAUN, FAYAT GROUP, FULONGMA, Hako, Henan Senyuan Heavy Industry, KATO, Nilfisk, Tennant, and ZOOMLION.
Key opportunities: Rising road infrastructure projects and new city developments across regions presents lucrative opportunities for Compact Road Sweeper Market Demand manufacturers. Additionally, increasing demand for zero emission electric sweepers offers opportunities for development of sustainable sweeping equipment.
Global expansion: Leading players are expanding globally through mergers and acquisitions to increase market share. For instance, Tennant acquired the sweeping equipment business of Alamo Group’s subsidiary in 2021 to expand presence in Europe. Also, Zoomlion invested in new production facilities in Africa and Latin America for global market penetration.
Market drivers
Rising road infrastructure projects across regions is a major driver for compact road sweepers market. Governments worldwide are increasingly investing in road networks to support economic development. This creates high demand for sweeping and cleaning equipment during and after construction of new roads and highways. Additionally, increasing urban population is leading to growth of small cities and towns augmenting the need for efficient urban cleaning. This drives demand for compact sized and maneuverable sweepers ideal for narrow streets.
PEST Analysis
Political: Road infrastructure spending by local and national governments impacts the Compact Road Sweeper Analysis. Changes in regulations regarding road maintenance and cleanliness also affect the market.
Economic: The overall economic growth and investment in infrastructure development influence the procurement budgets of local municipalities and public works departments which are key buyers of compact road sweepers.
Social: Increased awareness among citizens about clean streets and green initiatives undertaken by municipal corporations to improve urban cleanliness is a factor. Population growth in cities also puts pressure on civic bodies to adequately manage solid waste.
Technological: Manufacturers are focusing on the development of environment-friendly models with advanced filtration systems and optional add-on features like vacuum sweepers and mechanical brooms for improved performance. Connected fleet management solutions allow remote monitoring of asset utilization.
Value concentration:
North America currently accounts for the largest share of the compact road sweeper market in terms of value due to higher replacement demand from major cities and strict emission norms. Europe is another major regional market supported by infrastructure spending especially in Western and Nordic countries.
Fastest growing:
The Asia Pacific region excluding Japan is projected to be the fastest growing geographical market during the forecast period with double digit CAGR. This can be attributed to the ongoing urbanization, growing middle class population and rising investments in municipal infrastructure modernization across developing nations like China and India.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author – Ravina Pandya
Ravina Pandya,a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile