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Automated waste collection system (AWCS) market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07867
Pages: NA
Nov 2020 | 65 Views
 
Author(s) : NA
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An Automated waste collection system is used to transfer waste at a high speed through an underground vacuum or pneumatic tube to an accumulation station where the waste collected can be compacted and sealed in containers. Also, these systems are employed to dump the garbage through an underground pipeline leading to a collection station. The use of these systems eliminates the need for space for dump bins and manual waste collection. These systems provide a wide range of environmental, practical, and aesthetic benefits over traditional waste collection systems. They can be used to collect different types of waste such as metals, large sheets of cardboard, glass, clothes, and more which can be recycled further. Moreover, these systems use vacuum technology that offers a sustainable and cost-efficient waste collection.

Market scope and structure analysis:

              Report Metric

                                           Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value ($Million)

  Segments covered

  Product type, application, and region

  Geographies covered

North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

Major players analyzed include Caverion Corporation, Dansk Skraldesug ApS, Cleantech Group, Europa co., Ltd, Envac, MariCap Oy, Logiwaste AB, STREAM Environment Sdn. Bhd., Ros Roca, and MariMatic Oy

 

COVID-19 Scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the automated waste collection system (AWCS) industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of automated waste collection system (AWCS) market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Drivers, restraints, and opportunities

The growing adoption of automated waste collection systems across the world as a waste management option for a greener and cleaner environment is a major factor that is expected to drive the growth of the automated waste collection system (AWCS) market in the upcoming years. Besides, governments of different countries are focusing on proper disposal of waste piles and garbage to maintain the environment and human health, that is another key factor that can potentially fuel the growth of the automated waste collection system (AWCS) market for the next few years. Moreover, new product developments paired with artificial intelligence and robotics can boost the demand in the automated waste collection system (AWCS) market. However, the unwillingness of the public to let go of the traditional door-to-door waste collection approach is a restraining factor that is hindering the market growth. On the contrary, integration of the Internet of Things (IoT), robotics, state-of-the-art technologies, and others with waste collection systems are anticipated to provide lucrative growth opportunities for the automated waste collection system (AWCS) market during the forecast period.

Trends in the automated waste collection system (AWCS) market

Focus on waste management providing huge returns

The increasing need for waste management in manufacturing industries is expected to provide many growth opportunities for the automated waste collection system (AWCS) market in the next few years. The immense construction activities observed in emerging countries like China and India can boost the demand for these systems. Gathering waste from industrial sites, construction sites, and waste yards has raised the demand for waste collection systems. In addition, the government implemented schemes for proper waste management like the Solid Waste Management Rules, implemented by the government of India in 2016 are expected to contribute significantly to the growth of the automated waste collection system (AWCS) market in the upcoming years.

New infrastructural projects to boost the market growth 

Rapid urbanization and growing population supported with increasing disposable income of the consumers is resulting in the growing preference towards the aesthetic appeal of infrastructures like hotels, resorts, restaurants, airports, and others. Governments of different countries are heavily investing in infrastructural development. To cite an instance, in 2020, the Sunshine Coast, a peri-urban area in Australia that encompasses of surf spots, rural hinterland, and beach resorts in southern Queensland, initiated the first high-tech underground automated waste collection system for a convention on biological diversity (CBD). The project was aimed at eliminating the need for traditional waste collection trucks throughout the area. The waste from street bins and buildings will be transferred with a vacuum pressure of 70kmh through a 6.5km underground pipelines to an accumulation station. Such new project initiatives by local governments can create a significant positive impact on the growth of the automated waste collection system (AWCS) during the forecast period.

Key segments covered:

                  Segments

                         Sub-segments

  Product type

  1. Gravity System
  2. Full Vacuum System

  Application

  1. Airports
  2. Hospitals
  3. Industries
  4. Food Markets
  5. Sporting Stadiums
  6. Others

 

Key benefits of the report:

  • This study represents the analytical representation of the global automated waste collection system (AWCS) market combined with the ongoing trends and future predictions to determine investment opportunities.
  • The present market is thoroughly analyzed from 2019 to 2027 to enlighten the automated waste collection system (AWCS) market growth.
  • The report gives information regarding the important drivers, restraints, and opportunities provided with an in-depth analysis of the global automated waste collection system (AWCS) market.
  • Segmentation details of the global automated waste collection system (AWCS) market.
  • The report gives a comprehensive global automated waste collection system (AWCS) market analysis based on competitiveness and how the performance of the competitors will take shape in the coming years. 
 
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