Automatic Waste Collection System Market Expected to Expand at a Steady CAGR through 2028

From: Fact.MR
Published: Wed Mar 06 2019

Automatic Waste Collection System Market: Market Participants

Some of the examples of the market participants in the global automatic waste collection system market, identified across the value chain are:

  • Envac AB

  • STREAM Environment Sdn. Bhd.

  • Caverion Corporation

  • Ros Roca

  • MariCap Oy

  • Cleantech Group

  • Logiwaste AB

  • Dansk Skraldesug ApS

  • Europa co., Ltd

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Automatic Waste Collection System Market: Regional Outlook

Europe holds a significant share in the global automatic waste collection system market. The automatic waste collection system is already installed in some of the major European cities such as London, Copenhagen, Barcelona, and Stockholm. Europe is followed by North America and a high investment from the federal government in waste management ensure further growth of this market over the forecast period. The Middle East is also expected to be one of the most lucrative markets for automatic waste collection system in the forecast period owing to its high investment in cleanliness and effective cleaning systems. Rest of the world is estimated to account for a relatively small share of the global automatic waste collection system market.

Automatic Waste Collection System Market: Market Dynamics

Significant investments are made by Federal and state governments on improving the operation of waste collection method to make it more effective and eco-friendly is one of the major factors in driving the automatic waste collection system demand in the forecast period. A survey from ASCE (American Society of Civil Engineers) states that investments in waste treatment are expected to increase considerably in the upcoming year. As these are the target markets, the automatic waste collection system market is expected to grow significantly in the upcoming years.

However, the high initial investment to set up automatic waste collection system may limit the growth of automatic waste collection system market over the forecast period. The presence of traditional method i.e door to door collection of waste is also a major restraint for the growth of automatic waste collection system market owing to high flexibility and low one-time investment.

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Automatic Waste Collection System Market: Introduction

Automatic Waste Collection System also known as Pneumatic Waste Conveying System is the advanced system which can be use for maintaining the cleanliness in the city and influence the environmental sustainability of waste management. It is a challenging and never-ending task to keep the city clean. At present door to door collection method is applicable followed by recycling and hand-filling disposal. This method is purely a logistic issue. Except this other issues are also gaining importance are hygiene, increasing noise, air emission, traffic disturbances, efficiency shortfalls in waste collection and it also involve high operational cost. Unlike this automatic waste collection systems provide a collection point in every resident for the waste disposal. The automatic waste collection system collects four most common types of waste with separate collection point of each type of waste.  The first type of waste includes general waste, recyclable cardboard, recyclable paper, and organic waste. The waste collection point is generally located near the society, in the garden, or a separate indoor waste collection room is established. These waste collection points and facilities are entirely odorless and can even be located in the corridor of residential and commercial buildings, hospitals or hotels. In automatic waste collection system, the waste is collated through under-pressured underground tubes to collection station with each type of waste in its appropriate bin. Some of the advantages of automatic waste collection systems are easy to waste sorting and recycling, safer and eco-friendly system, reduction of traffic problems due to the heavy vehicle for waste collection, waste collection is much more hygienic. These benefits make it important for waste management in the forecast period.

Automatic Waste Collection System Market: Insights

Increasing focus on environmental health continues to remain a task of high importance as governments and local facilities worldwide are striving to reduce accumulation of waste and garbage. Various players are introducing advanced systems such as the automatic waste collection system to facilitate cleanliness in commercial as well as residential areas. Focus has been diverted to develop automatic waste collection system that can efficiently seal garbage, reduce spill and avoid accumulation. That said, investments in the waste management space are expected to increase in the coming years, reveals according to the American Society of Civil Engineers (ASCE), which is expected to fuel the demand for automatic waste collection system.

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Various companies involved in manufacturing of automatic waste collection system are introducing underground automatic waste collection systems that can reduce manual handling and facilitate automatic conveyance of waste to collection station. Moreover, companies and governments are discovering solutions to improve collection of various waste types by adopting new technologies such as smart sensors. For instance, Envac AB has introduced automatic waste collection system that uses optical sorting technology. In addition, the smart city initiative has had a profound influence over adoption of automatic waste collection system for efficient disposal of wastes using underground waste management without causing damage to environmental health. These aspects are likely to drive the growth of the automatic waste collection system market in the years to follow.

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