Market Share of Municipal Vehicles Industry
The market for municipal vehicles is neither fragmented nor consolidated with players such as Daimler, Autocar, Dongfeng, etc. dominating the market.
As the fuel prices are increasing, OEMs are moving towards sustainable technology such as Hybrid powertrain and CNG powered waste trucks. In 2019, Autocar announced that nearly 16% of its waste truck fleet has been converted to CNG.
Municipal Vehicles Market Leaders
Dennis Eagle Inc.
Autocar Company Inc.
Mack Trucks Inc.
Spartan Motors Inc.
Commercial Engineers and Body Builders Co. (P) ltd. (CEBBCO)
*Disclaimer: Major Players sorted in no particular order
