Automated Waste Collection System Market Size & Forecast, 2030
Automated Waste Collection System Market Dynamics
The novel coronavirus has rapidly spread across various countries and regions, causing enormous impact on lives of people and overall community. Originating as a crisis to human health, it now poses significant threat to worldwide trade, economy, and finance. Due to continuous lockdown in key global countries, the COVID-19 pandemic has halted production of many items in the automated waste collection system (AWCS) business. Market players can afford a complete lockdown only for a limited period, after which they would have to alter their investment plans. Furthermore, number of COVID-19 cases are expected to reduce in the near term as vaccine for COVID-19 has been introduced in the market. This is further expected to lead to re-initiation of automated waste collection companies at their full-scale capacities, which would aid the market to recover by the start of 2022. After COVID-19 infection instances start to decline, equipment and machinery producers must focus on protecting their staff, operations, and supply networks in order to respond to urgent emergencies and establish new methods of working.
By Type
Gravity vacuum system segment is projected to grow at a significant CAGR
The global automated waste collection system market is segmented on the basis of type, application, and region. By type, the market is categorized into gravity system and full vacuum system. Depending on application, it is fragmented into airports, hospitals, industries, food markets, stadiums and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By End User
Others segment holds dominant position in 2020
Europe holds a major share in the global automated waste collection system market. Asia-Pacific is expected to grow significantly with high CAGR during the forecast period due to its rising population. Also, the demand for automated garbage collection systems will rise as a result of increased urbanization and the government's focus on proper disposal of garbage and waste piles to preserve human health. The primary stakeholders have been encouraged by government resources to construct the infrastructure for a charging network. The automated garbage collection system market in Asia-Pacific is predicted to develop as people become more conscious about the importance of keeping their surroundings clean and implementing effective cleaning systems.
Competition Analysis
By Region
Europe holds a dominant position in 2020 and Asia-Pacific region is expected to grow at a significant rate during the forecast period.
Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging automated waste collection system market trends and dynamics.
- In-depth emerging automated waste collection system market analysis is conducted by constructing market estimations for key market segments between 2020 and 2030.
- Extensive analysis of the emerging automated waste collection system market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global automated waste collection system market forecast analysis from 2021 to 2030 is included in the report.
- The key players within emerging automated waste collection system market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the emerging automated waste collection system industry.
Automated Waste Collection System Market Report Highlights
| Aspects | Details |
 By Type |
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 By OPERATION |
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 By APPLICATION |
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 By Region |
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 Key Market Players | ENVAC GROUP, CAVERION CORPORATION, AWC BERHAD, AMCS GROUP, LOGIWASTE AB, MARIMATIC OY, STREAM ENVIRONMENT SDN. BHD., ROS ROCA SA, AERBIN APS, GREENWAVE SOLUTIONS |
Analyst Review
The automated waste collection system market has witnessed significant growth in the past few years, due to growing awareness for waste management system and healthy environment across the world and rapid growth in urbanization.
Typical application areas for pneumatic collection systems include high-rise buildings and large metropolitan public spaces. For instance, in July 2019, Envac group installed the largest pneumatic waste collection system at the Pearl of Qatar, with around 64,000-meter pipe network connected to 507 inlets and two collection stations.
Moreover, the automated waste collection gives efficient and hygienic way of handling waste and can be installed in healthcare facilities. For instance, in 2019, Logiwaste delivered the system for automatic waste collection at Stavanger University Hospital, Norway. The system handles bags of waste from all the floors and transports the bags from inlet door to the terminal of the hospital. Hence, automated waste collection system market will have significant growth in the upcoming forecast period.
The AWCS market size was valued at $2,52,000.0 thousand in 2020.
Based on type, the full vacuum system type holds the maximum market share of the AWCS market in 2020.
The AWCS market is projected to reach $5,55,045.2 thousand by 2030.
Growth in waste management option across the world and rapid rise in urbanization and infrastructure projects are the key trends in the AWCS market.
The product development is key growth strategy of automated waste collection system industry players.
The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
High Cost of installing AWCS and high cleaning and maintenance cost are the effecting factors for AWCS market.
The end users of automated waste collection system include in airports, hospitals, industries, food market, sporting stadiums and others.
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