Automated Waste Collection System (AWCS) Market worth USD 608.96 Mn by 2029: Competitive Landscape, New Market Opportunities, Growth Hubs, Return on Investments
Pune, 5, Dec2022: According to Maximize Market Research, the Automated Waste Collection System (AWCS) Market size was valued at USD 277.96 Mn. in 2021 and the Automated Waste Collection System (AWCS) market revenue is expected to grow at 10.3% from 2022 to 2029, reaching nearly USD 608.96 Mn. Growing urban population, rise in environmental awareness, and increase in focus on proper collection of garbage and waste piles for disposal fuel the growth of the automated waste collection system (AWCS) market globally.
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Automated Waste Collection System (AWCS) Market Scope and Research Methodology
MMR is prepared by collecting data on the main suppliers’ earnings to assess and forecast the Automated Waste Collection System (AWCS) market size. Vendors’ offerings are used to segment the market by Product (Industrial, Commercial, Residential), End-User (Airports. Educational Institutions, Hospitals, Corporate Offices, Hotels / Restaurants, Industries, Food Markets, Sporting Stadiums, Others). In-depth interviews with significant individuals, including chief executive officers (CEOs), vice presidents (VPs), directors, and executives were later conducted to confirm these divides through primary research. Bottom-up techniques are used to determine how big is the market. Through primary and secondary research, the leading market participants in the Automated Waste Collection System (AWCS) industry are identified, and their market revenues are computed. Instead of using secondary research, the annual and financial reports of the major manufacturers were analysed, and important opinions and business leaders in the industry, including CEOs and marketing executives, were questioned. Among the most significant competitors in the Global Automated Waste Collection System (AWCS) Market are AMCS group, Aerbin ApS, Envac Group Logiwaste AB. They will continue to plan mergers and acquisitions to boost their market shares and growth potential during the forecast period.
Automated Waste Collection System (AWCS) Market Overview
High-speed trash transportation through underground pneumatic or vacuum tubes is accomplished by an automated waste collecting system (AWCS). At the collection station, the garbage can then be sealed and crushed into containers. The usage of AWCSs eliminates the requirement for space established for manual waste collection and disposal bins by dumping the garbage via a secret underground pipe network to a waste collection station. The systems have a variety of advantages over the world’s traditional waste collection methods in terms of aesthetics, the environment, and usability. AWCSs reduce carbon dioxide emissions and air pollution.
Automated Waste Collection System (AWCS) Market Dynamics
The market for automated garbage collection systems is predicted to expand as a result of rising CO2 emissions and increased environmental consciousness among consumers about renewable waste collection management systems. Players in the market like Sweden-based Envac AB have been aggressive in installing pneumatic garbage collection systems all over the world to improve the waste collecting process for lowering pollution and safeguarding the environment from dangers. Additionally, dumping and leaving waste untreated have an adverse effect on health both directly and indirectly by dispersing the vectors that spread infectious diseases and increase the need for automated waste collecting systems. With the development and use of smart city technologies and platforms, creative techniques for smart waste collection have recently been put into reality. Even though the field of automated waste collection technology is still in its infancy, Smart Bins are already being employed for waste collection. Ultrasonic sensors are used to place smart trash cans throughout the city that can measure space. Data collection, processing, and visualisation are done via cloud platforms and media access control techniques.
Automated Waste Collection System (AWCS) Market Segmentation
- Educational Institutions
- Corporate Offices
- Hotels / Restaurants
- Food Markets
- Sporting Stadiums
Automated Waste Collection System (AWCS) Market, by Region
- North America
- Asia Pacific
- Middle East and Africa
- South America
Geographically, China, India, Japan, and the rest of Asia-Pacific are all included in Asia-Pacific. Due to the development of smart cities and the region’s rapid growth, China, Japan, and South Korea hold the largest market share for automated garbage collection systems in the Asia Pacific.
The primary drivers propelling the automated garbage collection systems market’s expansion in Asia-Pacific are rapid urbanisation and infrastructure development. China is the country that contributes the most to the AWCS market in the Asia-Pacific region. In addition, South Korea’s building industry experienced tremendous expansion in recent years.
Automated Waste Collection System (AWCS) Market Key Players
- AMCS group
- Aerbin ApS
- Envac Group
- Logiwaste AB
- Caverion corporation
- MariMatic Oy
- AWC Berhad Group
- Ros Roca SA
- Greenwave Solutions
- STREAM environment
- Cleantech Group
- Europa co Ltd
- MariCap Oy
- Berhad Group
- Gulf Team
Key questions answered in the Automated Waste Collection System (AWCS) Market are:
- What is Automated Waste Collection System (AWCS)?
- What is the growth rate of the Automated Waste Collection System (AWCS) Market Over the forecast period?
- What is the nature of competition in the Automated Waste Collection System (AWCS) industry in developed economies and developing economies?
- Who are the key players in the Automated Waste Collection System (AWCS) Market?
- Who are the market leaders in Automated Waste Collection System (AWCS)s in Europe?
- Who are the market leaders in Automated Waste Collection System (AWCS)s in USA and Canada?
- Who are the market leaders in Automated Waste Collection System (AWCS)s in India, China, Japan, and South Korea?
- What are the factors affecting growth in the Automated Waste Collection System (AWCS) Market?
- Who held the largest market share in the Automated Waste Collection System (AWCS) Market?
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Food Waste Management Market: Food Waste Management Market was valued at USD 40.32 Billion in 2021, and it is expected to reach USD 63.30 Billion by 2029, exhibiting a CAGR of 5.8% during the forecast period (2022-2029). The rise in global food waste, the desire to reduce greenhouse gas emissions, and the rising use of organic waste for the manufacture of feed and fertilisers are all factors contributing to the market’s expansion.
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