Automated Waste Collection Market Growth Trends by Manufacturers, Regions, Type and Application Forecast to 2030 – SMU Daily Mustang

the global automated waste collection market was rated at $252 billion in 2020 for USD 439.11 billion by 2027, at a CAGR of 10.7% from 2021 to 2027. The automated waste collection system eliminates the need for space needed for manual waste collection and trash cans. It is integrated with advanced vacuum technology that provides sustainable and cost effective waste collection. This system offers several practical and environmental advantages over conventional waste collection systems around the world. In addition, it is designed for different types of waste, such as large sheets of cardboard, glass, metals, clothing and others.

Factors such as growing urban population, increased environmental awareness and emphasis on proper collection of garbage and piles of waste for disposal are driving the demand for automated waste collection systems in urban areas . However, lack of awareness in developing countries and high capital investments are hampering the growth of the automatic waste collection systems market. Furthermore, high growth potential in emerging economies and increase in smart city initiatives provide lucrative growth opportunities for market players over the forecast period. The global automated waste collection systems market is segmented on the basis of type, function, application and region.

The market is mainly driven by the development of new infrastructure projects and healthcare facilities where a large amount of waste is generated and treated by an underground suction system. However, the high initial investment cost for installing the automated waste collection system is a factor restraining the growth of the market. Full vacuum system is the largest segment by type due to technical advancements and the growing need for proper waste collection systems in urban areas. By application, the industries segment will be growing at a high CAGR as there will be an increase in the demand for automated waste collection systems in industries in the near future.

Get PDF for more business and technical information: https://www.marketstatsville.com/request-sample/automated-waste-collection-market

Global Automated Waste Collection Market Dynamics

Factors: Increased emphasis on proper collection of trash and piles of trash for disposal

There is an increasing trend towards proper garbage disposal for a cleaner and greener environment. Many municipalities are implementing automated waste collection systems to minimize waste collection operating costs for long-term savings. In addition, automated waste collection systems are becoming increasingly popular due to their benefits such as increased safety for collection workers, freeing up surface space for community needs or development. , noise reduction, absence of aesthetic pollution and odor problems, reduced use of garbage collection trucks in urban areas, flexible system with the ability to easily adapt to changes, and a more great capacity to collect seemingly all municipal waste streams. Moreover, many key players are focusing on business expansion as the key development strategy to sustain the intense competition and improve its product portfolio. For example, in July 2019, Envac AB installed its pneumatic waste collection system in Qatar. Envac’s four systems collect waste from residential apartments, hotels, villas and themed residential areas, retail stores, restaurants and public areas through a 64,000 meter pipe network connected to 507 entrances and two collection stations.

Constraints: Lack of awareness in developing countries

Municipal Solid Waste Management (MSWM), an essential element of sustainable metropolitan development, includes the separation, storage, collection, relocation, transport, treatment and disposal of solid wastes in order to minimize their negative impacts on the environment. Unmanaged MSW becomes a factor in the spread of countless ailments. Furthermore, the waste management sector requires strong technical expertise, knowledge and support, which are not readily available in developing countries. Moreover, these countries lack the necessary human resources to effectively manage waste collection activities. In most developing countries, such as South Asia and Africa, solid waste management is not a priority and limited funds are allocated for its disposal. Additionally, public awareness of the fundamentals of waste management systems is limiting the growth of the automated waste collection systems market.

Opportunities: Increase in smart city initiatives

The waste management industry includes various activities such as transportation, collection, recycling, and disposal. The high operational cost required for waste transportation and collection is increasing the adoption of automated waste collection systems. Trends show that IoT, smart waste collection systems, and automated waste collection systems are being implemented in smart cities in countries like the US and UK. Increased awareness among city leaders regarding the benefits associated with smart waste management systems is driving the growth of the automated waste collection systems project.

Major players sign agreements to set up projects for automated waste collection systems. For example, in July 2020, the Finnish company MariMatic installed MetroTaifun systems in Makkah, Saudi Arabia. The most recent order is for Masar Makkah, a new section of the city with pedestrian boulevards equipped with litter bins and more than 210 plots with hotels and hotel apartment complexes connected to a network of pipes.

You can buy the full report: https://www.marketstatsville.com/buy-now/automated-waste-collection-market?opt=2950

Report scope

The study categorizes the automated waste collection market based on type, operation, application, and region.

By type

  • Complete vacuum system
  • Gravity suction system

By operation

By app

  • Airports
  • Hospitals
  • Industries
  • Food markets
  • Sports stadiums
  • Others

By region

  • North America (United States, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, United Kingdom, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA)

Gravity Suction System, by Type, is estimated to be the fastest growing segment during the forecast period

On the basis of type, the global automated waste collection market has been segmented into overall vacuum system and gravity vacuum system. Gravity Suction System is the fastest growing segment by type, with a CAGR of 8.5 forecast for 2021-2027.

The gravity vacuum system is designed to temporarily retain waste between two transport cycles. When the waste reaches a certain limit, the dump valve door is opened to discharge the waste into a stationary or mobile collection unit. This valve gate can also be automated to provide efficient and periodic waste management, reducing reliance on human intervention. The gravity suction system is mainly suitable for residential and similar buildings which generate considerably less waste. Gravity vacuum systems are primarily suitable for residential buildings, small businesses, schools and other similar buildings where the amount of waste generated is considerably lower to use a continuous vacuum system economically. However, the small size of the system reduces the overall cost incurred in operating the system. Additionally, gravity vacuum systems can also be modified to collect recyclable waste due to their waste storage capacity.

Access the full description of the report, Contentsfigure chart, graph, etc. : https://www.marketstatsville.com/table-of-content/automated-waste-collection-market

Asia-Pacific accounts for the highest CAGR over the forecast period in the automated waste collection market

Based on region, the global automated waste collection market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Asia-Pacific has a growth rate of 9.5% during the forecast period. Asia-Pacific includes China, Japan, India and Rest of Asia-Pacific. China, Japan, and South Korea hold the maximum share of the Automated Waste Collection Systems (AWCS) market in the region, owing to smart city construction and rapid development. However, developing countries in Asia-Pacific including Malaysia, Thailand, India and others are expected to witness significant growth rates during the forecast period.

Rapid urbanization and infrastructure development are major drivers for the growth of the Automated Waste Collection Systems (AWCS) market in Asia-Pacific. China is the largest contributor in the Asia-Pacific region for the AWCS market. Additionally, STREAM Environment Sdn. Bhd. Based in Malaysia, is the only manufacturer of AWCS in Asia-Pacific. However, large companies including Envac AB, MariMatic Oy and others offer AWCS products and services in the region.

Description of report request: https://www.marketstatsville.com/automated-waste-collection-market

Main market players

Leading companies profiled in the Automated Waste Collection System Market report include Aerbin ApS, AMCS Group, AWC Berhad, Caverion Corporation, Envac AB, Greenwave Solutions, Logiwaste AB, MariMatic Oy, Ros Roca, and STREAM Environment Sdn. Bhd

Comments are closed.