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Automatic Waste Collection System Market

Automatic Waste Collection System Market By End Use (Hospitals, Hotels/Restaurants, Airports, Educational Institutions, Universities, Stadiums), By Industry (Commercial, Residential, Industrial) & By Region - Global Forecast 2022-2032

Analysis of Automatic Waste Collection System market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Automatic Waste Collection System Market Outlook

The global automatic waste collection system market is currently valued at US$ 286.4 million. Worldwide sales of automatic waste collection systems are predicted to increase at a high CAGR of 8.9% to reach a market valuation of US$ 671.9 million by 2032.

Automatic waste collection systems have become increasingly popular to manage waste. Municipalities in many countries have now shifted to automatic waste collecting systems, replacing the throwing of trash in the garbage collector.

Report Attributes

Details

Automatic Waste Collection System Market Size (2022E)

US$ 286.4 Million

Forecasted Market Value (2032F)

US$ 671.9 Million

Global Market Growth Rate (2022-2032)

8.9% CAGR

North America Market Share (2022)

21%

Europe Market Share (2022)

24%

Key Companies Profiled

  • Caverion Corporation
  • Cleantech Group
  • Dansk SkraldesugApS
  • Envac
  • Europa Co. Ltd
  • Logiwaste AB
  • MariCap Oy
  • Ros Roca

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Worldwide Automatic Waste Collection System Consumption Analysis (2017-2021) Vs. Market Forecast Outlook (2022-2032)

High-speed trash transportation through underground pneumatic or vacuum tubes is accomplished by an automated waste collection system (AWCS). At collection stations, garbage can then be sealed and crushed into containers.

Additionally, AWCSs are utilized to dump the waste into a waste collection station via a secret subterranean pipe network, obviating the requirement to build a space for manual waste collection and dump containers.

In comparison to traditional waste collection systems, automated waste collection systems around the world offer several environmental and operational advantages. AWCSs reduce carbon dioxide emissions and air pollution.

Increasing awareness regarding cleanliness and environmental care is likely to boost automatic waste collection system market growth.

Global automatic waste collection system sales are anticipated to surge at a high CAGR of 8.9% to reach US$ 671.9 million by the end of 2032.

Automatic waste collection system market forecast by Fact.MR

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Which Drivers & Restraints are Influencing Automatic Waste Collection System Market Growth?

“Use of AI & IoT in Creating Automatic Waste Collection Systems”

Despite being in its infancy, the automatic waste collection system will eventually become a tremendous success with the aid of AI and IoT. Robotics and AI will separate garbage, which will make the job simpler and consume less time. As a result, the automatic use of the waste collection system will rise in market growth.

Sales of automatic waste collection systems will boost as urbanisation and industrialization expand rapidly worldwide. Additionally, waste products will only increase with the expansion of every industry. Thus, the demand for automatic waste collection systems will consequently rise.

“Market Players Focusing on Creating Apps to Spread Awareness about Automatic Waste Collection Systems”

Apps are being developed by businesses to assist the public in understanding the automated waste collection system. People will be less reluctant to use the automated garbage system as a result.

Designed to spread awareness, these apps will also assist users in knowing how much waste they are producing. In general, these apps will inspire users to strive for a healthier lifestyle.

“Hesitation in Using Automatic Waste Collection Systems & Lack of Awareness”

One of the main factors holding back the market for automation waste collection systems is the public's reluctance to adopt smart bins. Additionally, a lot of people find it difficult to break their old habits of doing garbage collection manually.

This is the primary reason impeding the market for automation waste collection systems from expanding. Therefore, it is essential to raise awareness about how environmentally friendly smart bins are.

The requirement for significant investments is another reason why automation waste collection solutions have not gained popularity. Tanks and process vessels must be extensively invested in for anaerobic digestion. As a result, it is challenging to implement anaerobic digestion on a commercial scale.

Know thy Competitors

Competitive landscape highlights only certain players
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What Market Opportunities Await New Players?

“Rising Debris Problem Compelling New Entrants to Innovate Novel Waste Management Solutions”

Rising population and industrialization are subsequently rising the waste in terms of volume. To get rid of this wastage there is a high need for hi-tech solutions and public awareness. New entrants are focusing on creating new apps and robotic solutions to spread awareness and manage waste.

  • Founded in 2015, Clean Robotics is manufacturing smart trash bin robots to solve landfill waste problems. These robots help in sorting recyclables from landfill wastes and are based on advanced AI & IoT technology.

What is the Regional Outlook of the Global Automatic Waste Collection System Market?

“High Adoption & Use of Automatic Waste Collection Systems across North America & Europe”

In North America, the market for automatic waste collection systems is anticipated to expand steadily. In 2022, North America is expected to account for 21% of the global market share.

The primary causes are the respective government's investment in and interest in maintaining their nation clean and free of health dangers. The governments also want to emphasise cleanliness to improve people’s quality of life.

Currently, Europe is likely to account for 24% of the global market share. The adoption and use of automated waste collection systems in Europe will boost demand for these systems elsewhere in the world.

Automatic waste collection products have already been put in place in major European areas like London, Barcelona, Stockholm, and Copenhagen. The government's support and awareness of garbage accumulation are the key reasons for market growth.

Due to the expanding population, Asia Pacific will experience tremendous growth in the market for automatic waste collection equipment. Additionally, the government's emphasis on cleanliness and rising urbanization will raise demand for automated waste collection systems.

Which Sector Accounts for High Consumption of Automatic Waste Collection Systems?

“Rising Population & Debris Issues Driving Demand for Automatic Waste Collection Systems in Residential Sector”

Residential waste collection systems account for a lion's share of the market for automated waste collection systems globally. Cities and towns around the world are currently dealing with enormous issues as a result of the increasing amount of trash produced by the expansion in development and population.

To improve the quality of life in the residential sector, architects, planners, and developers are on the lookout for creative debris management solutions.

Waste collection systems that are automated further reduce the requirement for manual rubbish handling. These elements are projected to fuel the segment's expansion in the global market.

Over the coming years, the commercial segment is projected to forecast a solid growth rate. This market category consists of office buildings, transportation hubs, retail parks, hotels/restaurants, and shopping centres.

Demand is anticipated to increase as manufacturers like Logiwaste AB offer customized automatic trash-collecting pipes with cutting-edge technologies for the business sector.

It is also projected that the increasing availability of commercial space in developing nations like China and India will accelerate the segment's growth.

Competitive Landscape

To meet the needs of a wide range of end users, manufacturers of automatic waste collection systems combine the crucial strategy of new product development with cutting-edge technology such as robotics and artificial intelligence.

The top manufacturers hold around 25% to 30% market share, and, as such, the global automatic waste collection system market is highly consolidated.

  • Central waste system is a product made by Dansk SkraldesugApS. The technology applies to multi-story buildings. The building's center contains a waste tank that is wired with pipes. This pipe is attached to sanitary storage bins and disposal of waste is simple using this technique.

Segmentation of Automatic Waste Collection System Industry Research

  • Automatic Waste Collection System by End Use :

    • Hospitals
    • Hotels/Restaurants
    • Airports
    • Educational Institutions
    • Universities
    • Stadiums
  • Automatic Waste Collection System by Industry :

    • Commercial
    • Residential
    • Industrial
  • Automatic Waste Collection System by Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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The global automatic waste collection system market is likely to expand at 8.9% CAGR through 2032.

The global market is currently valued at US$ 286.4 million.

By 2032, the market value is predicted to reach US$ 671.9 million.

Currently, Europe accounts for 24% of the global market share.

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