Automated Waste Collection System Market

The global automated waste collection system market was valued at $252.0 million in 2020, and is projected to reach $555.0 million by 2030, registering a CAGR of 10.7% from 2021 to 2030. An automated waste collection system is used to collect garbage and transport it through an underground vacuum pipes or tubes with a high speed to a nearby collecting station where the waste can be kept sealed and in compacted containers. This technology offers various advantages such as reduced waste traffic in streets of urban areas.

The COVID 19 outbreak has affected the growth of the automated waste collection system industry owing to the lockdown measure in the countries and delay in manufacturing and production of automated waste collection system and its components which are installed in recidential and commercial spaces.

Increase in awareness for greener and cleaner environment across the world is a major factor that is expected to drive the growth of the automated waste collection system (AWCS) market in upcoming years. Governments all across the world have put in place rules and regulations for trash collection and segregation to maintain the environment and human health. Thus, another important reason that could boost the expansion of the automated waste collection system (AWCS) market in the coming years. Companies such as Envac group and AMCS group, offer artificial intelligence technology and applications that allow people to understand the automated waste collection system and to keep a track of the amount of waste generated to create awareness. The public concerns about using door-to-door garbage collection is a major obstacle to the market for automated waste systems. This is the primary hurdle to the automation waste system market's expansion. Furthermore, for garbage collection, AWCS manufacturers are going toward cutting-edge technologies such as the Internet of Things (IoT), and others. These efforts will provide lucrative growth opportunities for the automated waste collection system (AWCS) market during the forecast period.

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.

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.

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

Key companies profiled in the automated waste collection system market report include Caverion Corporation, STREAM Environment, Envac, MariCap Oy, Logiwaste AB, Ros Roca, MariMatic Oy, AWC Group, GreenWave Solutions, Aerbin Aps, and AMCS Group.

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