Automated Collection Waste System Market Expected to Reach $555.0 Million by 2030 - Allied Market Research

A recent report from Allied Market Research titled "Automated Collection Waste System Market by Type, Operation, and Application: Global Opportunity Analysis and Industry Forecast, 2021-2028" reveals significant growth in the global automated waste collection system market. Valued at $252.0 million in 2020, the market is projected to reach $555.0 million by 2030, with a Compound Annual Growth Rate (CAGR) of 10.7% from 2021 to 2028.

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The past decade has witnessed substantial growth in the automated waste collection system market, spurred by the increasing focus and investment by local authorities and governments of developing countries in waste management systems. These initiatives aim to alleviate waste congestion in urban areas and safeguard public health. Consequently, numerous players in the automated waste collection system industry are expanding their operations to bolster their position in the global market.



The market is predominantly dominated by the pneumatic or vacuum system, which accounted for the majority of revenue in 2020. This dominance is attributed to the rapid urbanization and infrastructure projects where pneumatic waste collection systems are being installed.



The automated waste collection system market encompasses various types, with the full vacuum system holding the largest market share by value in 2020. These systems find extensive application in airports, hospitals, food markets, stadiums, educational institutes, and others. However, the market growth is hindered by public reluctance to transition from traditional door-to-door waste collection approaches.



Geographically, Europe is poised to hold the highest share of the global automated garbage collection system market, driven by the adoption of smart waste management solutions in cities such as London, Barcelona, Stockholm, and Copenhagen. North America is expected to witness rapid growth, fueled by federal investments in cleanliness and waste collection system development. In Asia-Pacific, the market is projected to grow significantly due to rapid urbanization and population growth.



Notable investments include Montreal's $3 million plan to install an automated vacuum collection system in the Quartier des Spectacles entertainment district and the construction of the world's largest automated waste collection system near Islam's holiest mosque in Mecca, Saudi Arabia.

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However, the COVID-19 pandemic posed challenges for manufacturers in the automated waste collection system market, leading to temporary halts in business operations and supply chain disruptions. Nevertheless, the reopening of production facilities and the introduction of vaccines are expected to facilitate the resurgence of automated waste collection companies.



Key players in the automated waste collection system market include AMCS Group, Caverion Corporation, Aerbin ApS, MariMatic Oy, Envac Group, Logiwaste AB, AWC Berhad Group, Ros Roca SA, Greenwave Solutions, and STREAM Environment.



In summary, the report provides a comprehensive analysis of current trends, emerging opportunities, and key players in the automated waste collection system market, offering valuable insights into market dynamics and future growth prospects.

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