Europe Automated Waste Collection Systems Market is expected to reach US$ 150.18 million by 2028


PRESS RELEASE BY The Insight Partners 04 Mar 2022

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Stationary segment has the Largest Share of Product Type in the Europe Automated Waste Collection Systems Market during 2020–2028 

According to The Insight Partners market research study on “Europe Automated Waste Collection Systems Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product Type, End User and Country” is expected to reach US$ 150.18 million by 2028 from US$ 103.11 million in 2021. The market is estimated to grow at a CAGR of 5.5% from 2021 to 2028. The report provides trends prevailing in the Europe Automated Waste Collection Systems Market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to government initiatives for proper disposal of waste and rising quantity of waste produced across the regions are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period owing to long service life of automated waste collection systems coupled with lack of skilled labours.

The European region comprise of significant number of automated waste collection system manufacturers. Several countries in the region including Russia, Germany, Spain, Italy, and UK are among the worst-hit countries by the COVID-19 virus. The imposition of lockdown for a longer period of time has led the manufacturers to experience severe downfall in the production volumes of respective AWCS. This resulted in decline in revenue generation during Q2 and Q3 of 2020 among the manufacturers, which ultimately hampered the automated waste collection systems market in the region. Nonetheless, several AWCS manufacturers secured contracts for their products from various countries across the region as well as internationally. For instance, MariMatic, one of the leading AWCS manufacturer, based in Finland, secured contracts from Saudi Arabia, Amsterdam, and Stockholm for development, installation, and maintenance of the AWCS systems. Several other European automated waste collection systems market players also secured local as well as international contracts in Q3 and Q4 of 2020. This helped the manufacturers to gain revenues, which facilitated the automated waste collection systems market to grow in 2020.

The market for Europe Automated Waste Collection Systems Market is segmented into the product type, end user and country. Based on product type, the Europe Automated Waste Collection Systems Market is bifurcated into stationary and mobile. On the basis of end user, the market is segmented into airports, educational institutions, hospitals, corporate offices, hotels and restaurants, and others. In 2021, the stationary segment accounted for the largest market share. In stationary waste collection systems, the garbage is directly transported by pipes with the help of air pressure where it is compressed in seal containers. Thus, it is not required to be collected by trucks. Exhausters produce negative pressure in the pipe system, allowing air to flow freely. However the mobile segment is estimated to register the highest CAGR during the forecast period.

CAVERION CORPORATION, AERBIN APS, AMCS GROUP, ENVAC AB , LOGIWASTE AB , MARIMATIC OY , MEIKO Group , MABAT , EVAC GROUP Among the leading companies in the Europe automated waste collection systems. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The market for Europe automated waste collection systems is segmented into product type, and end user. Based on product type, the Europe automated waste collection systems is segmented into stationary and mobile. Based on end user, the Europe automated waste collection systems is segmented airports, educational institutions, hospitals, corporate offices, hotels / restaurants, and others. By Geographically, Europe automated waste collection systems is segmented into (France, Germany, Italy, UK, Russia and Rest of Europe).

Europe Automated Waste Collection Systems Market , By Country, 2021 and 2028 (%) 

Europe Automated Waste Collection Systems Market , By Country, 2021 and 2028 (%) 

Europe Automated Waste Collection Systems Market to Grow at a CAGR of 5.5% to reach US$ 150.18 million from 2021 to 2028

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Europe Automated Waste Collection Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Stationary and Mobile), End-user (Airports, Educational Institutions, Hospitals, Corporate Offices, Hotels / Restaurants, and Others).

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