Automated Waste Collection Market worth USD 439.11 billion by 2027

The Market Statsville Group (MSG) publishes the new report on the "Automated waste collection Market by Type (Full Vacuum System and Gravity Vacuum System), by Operation (Stationary and Mobile), by Application (Airports, Hospitals, Industries, Food Markets, Sporting Stadiums, and Others), and by Region - Global Trends, Market Share, and Forecast to 2027". The global automated waste collection market was valued at USD 252 billion in 2020 to USD 439.11 billion by 2027, at a CAGR of 10.7% from 2021 to 2027. Investing in automated waste collection systems is a challenge, considering its initial installation costs. Developed nations can afford automatic waste collection systems project costs to concentrate on advanced facilities. In contrast, developing countries spend less on waste operations as they have diversified financial budgets allocated to other developments such as building roads, railways, and public facilities. In addition, automated waste collection systems require maintenance and repair costs, and developing countries find it difficult to recover this invested cost. Hence, all such instances are anticipated to hamper the growth of the automated waste collection systems market.

Global Automated Waste Collection Market Segmentation

The overall automated waste collection market has been segmented into type, operation and application, and region.

• By Type (Full Vacuum System and Gravity Vacuum System)
• By Operation (Stationary and Mobile)
• By Application (Airports, Hospitals, Industries, Food Markets, Sporting Stadiums, and Others)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Stationery, by operation, is estimated to hold the largest market share during the forecast period

Based on the operation, the global automated waste collection market has been segmented into stationary and mobile. In 2020, Stationery accounted for the largest market share of 183.58% in the global automatic waste collection market and had a CAGR of 8.0% during the forecast period.

A stationary automated waste collection system uses airflow to generate negative pressure in the waste pipe collection system. The negative pressure allows refuse collection in a collection station. A stationary system can handle multiple types of waste concurrently. Thus, the stationary system can take two to four separate waste streams in the automated waste collection system (AWCS). The major advantage stationary automated waste collection system (AWCS) is the segregation of waste at the collection center. This minimizes the manual handling of the waste, thereby reducing the effort and time on waste segregation. Moreover, the collection of waste from several streams at one location minimizes the system's energy consumption, which reduces the environmental impact of the system.

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Europe accounts for the largest market share during the forecast period in the automated waste collection market

Based on the regions, the global automated waste collection market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2020, Europe was accounted for the highest market share of 42% in the global automated waste collection market. It was anticipated to maintain its dominance throughout the forecast period, followed by the Asia Pacific.

Europe includes countries such as Germany, the UK, France, Italy, and other European countries. Automated waste collection systems (AWCS) were first introduced by the Swedish firm Envac AB, previously known as Centralsug AB. A high focus on waste management drives the demand for advanced waste collection, recycling, and disposal systems. Europe is the highest contributor in the automated waste collection systems market due to the inclination towards sustainable waste management and disposal activities. The overall spending on public infrastructure is also high in the European nations. Hence, various manufacturers have a strong foothold in the region: the Finland-based firm, MariMatic.

Some of the major companies that operate in the global automated waste collection market are Aerbin ApS, AWC Berhad, AMCS group, Caverion Corporation, Greenwave Solutions, Logiwaste AB, Envac AB, MariMatic Oy, Ros Roca, and STREAM Environment Sdn. Bhd.

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