The global automated waste collection system market size was US$ 275.9 million in 2021. The global automated waste collection system market size is forecast to reach US$ 557.5 million by 2030, growing at a compound annual growth rate (CAGR) of 11.9% during the forecast period from 2022 to 2030.
An automated waste collection system (AWCS) helps transport waste at high speed via underground pneumatic tubes or vacuum tubes to a collection place where the waste can seal and pack in containers. In addition, it limits the need for space constructed for manual waste collection and dumps bins. Over traditional waste collecting systems around the world, the systems provide a number of aesthetic, environmental, and practical advantages. These systems also reduce air pollution and carbon dioxide emissions.
Factors Influencing Market Growth
Impact Analysis of COVID-19
During the COVID-19 epidemic, manufacturers of automated debris collecting systems worldwide noticed minor vibrations. Private enterprises and municipalities urge to invest in intelligent and smart debris collecting technologies by regional and local authorities. During the COVID-19 outbreak, as the volume of household debris increased, demand for these automated solutions increased in the residential sector. However, the outbreak's lockdown disrupted the supply chain, causing delays in the installation and deployment of automated waste collection systems worldwide.
Regional Insights
The Asia Pacific region is forecast to have lucrative growth in the market during the forecast period. The growing demand for such tubes in the region can be attributed to rising urbanization and the increasing focus of authorities on the proper disposal of garbage to conserve the environment and human health. In addition, advantageous government policy initiatives followed in various developing economies such as India and China promote the usage of automated debris collection systems. Additionally, citizens in the region are evolving more conscious about enforcing effective cleaning systems in order to keep their surroundings hygienic.
Leading Competitors
The leading prominent companies profiled in the global automated waste collection systems market are:
Scope of the Report
The global automated waste collection systems market segmentation focuses on Type, Operation, Application, and Region.
Segmentation based on Type
Segmentation based on Operation
Segmentation based on Application
Segmentation based on Region