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Automatic Waste Collection System Market To Hold a High Potential for Growth by 2027

12-13-2018 05:17 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Automatic Waste Collection System Market

Automatic Waste Collection System Market

Automatic Waste Collection System Market Global Industry Analysis, Trends and Forecast, 2018-2027
BY ABHISHEK ON DECEMBER 12, 2018
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.

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.

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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.

Automatic Waste Collection System Market: Market Segmentation

Segmentation of automatic waste collection system market can be done on the basis of end users as follows:
Educational Institutions
Healthcare Facilities
Corporate Offices
Hotels / Restaurants
Industries
Other institutions
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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.

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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
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
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Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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