What is Automatic Waste Collection System Market?
The automatic waste collection system, also known as pneumatic refuse collection, or automated vacuum collection (AVAC) transports waste away from residential areas through underground pipes at a high speed into a sealed container located up to 2.5km away. These systems remove fine particles and odor before it is emitted to the environment. This system offers added value for property owners, society, waste management workers for users and nearby residents.
Highlights from Automatic Waste Collection System Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Caverion Corporation (Finland), Cleantech Group (United States), Envac AB (Sweden), Europa Group Limited (United Kingdom), Logiwaste AB (Sweden), MariCap Oy (Finland), Ros Roca SA (Spain) and STREAM Environment Sdn. Bhd. (Malaysia) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Automatic Waste Collection System market throughout the forecasted period.
Caverion Corporation (Finland), Cleantech Group (United States), Envac AB (Sweden), Europa Group Limited (United Kingdom), Logiwaste AB (Sweden), MariCap Oy (Finland), Ros Roca SA (Spain) and STREAM Environment Sdn. Bhd. (Malaysia) are some of the key players profiled in the study. Automatic Waste Collection System Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Industrial, Commercial and Residential |
Type | Stationary Automatic Waste Collection System and Mobile Automatic Waste Collection System |
End-users | Airports,Educational Institutions,Hospitals,Corporate Offices,Hotels / Restaurants,Industries,Food Markets,Sporting Stadiums,Others |
Position | Underground,Overground |
On the basis of geography, the market of Automatic Waste Collection System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Waste Management Services
Market Growth Drivers:
Increasing Affinity among Individuals to Shift to Urban areas for an Elevated Lifestyle and Increasing Awareness towards Clean Environment
Challenges:
Lack of Awareness Hindering the Market
Restraints:
High Cost of Automatic Waste Collection System and Difficulties in Installation and Smart waste collection solutions need a large infrastructure
Opportunities:
Escalating construction activities in Middle East countries and Development of New Markets
Key Target Audience
Automatic Waste Collection System Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users