Enjoy complimentary customisation on priority with our Enterprise License!
The automated waste collection system market share is expected to increase by USD 73.05 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.05%.
This automated waste collection system (AWCS) market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the automated waste collection system market segmentation by product (stationary and mobile), end-user (hospitals, airports, educational institutions, hotels and restaurants, and others), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The automated waste collection system market report also offers information on several market vendors, including Aerbin APS, AMCS Group, Atreo, AWC Berhad, Bondtech Corp., Caverion Corp., Ecosir Group, Evac GmbH, Green Wave Solutions, Logiwaste AB, MABAT Ltd., MariMatic Oy, MEIKO Maschinenbau GmbH & Co. KG, Nord Engineering Spa, Precision AirConvey Corp., Stena AB, Stream Environmental LLC, Terberg RosRoca Group, and Impact Air Systems among others.
Download Report Sample to Unlock the Automated Waste Collection System Market Size for the Forecast Period and Other Important Statistics
Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the global automated waste collection system (AWCS) market. During the COVID-19 pandemic, the demand for automated waste collection system market has been impacted significantly, but a holistic analysis of drivers will help in estimating exact demands and refining marketing strategies to gain a competitive advantage.
Key Automated Waste Collection System Market Driver
The use of robots to ensure safety in the waste sorting process is a key factor driving the global automated waste collection system market growth. Safety in solid waste collection and separation is a major issue. Despite the adoption of the best safety practices, accidents and injuries to workers can still occur in different processes involved in waste collection and separation. To reduce the risk of injuries and accidents, manufacturers are developing robots for collecting and sorting waste. Robots receive instructions from operating systems for heavy lifting, dumping waste, and separating reusable materials from waste. They are preferred for sorting waste activities as their use reduces not only costs incurred on labor for end-users but also injuries to workers. Furthermore, by using an automated waste collection system, companies can reduce injury-related insurance costs. With the use of smart machinery, waste collection and separation become faster and more accurate. Robots integrated with advanced machine learning technology not only lift weights easily but also separate valuable raw materials like wood, stone fractions, and metals efficiently without being affected. Fast and accurate work increases the overall demand for automated waste collection systems in several end-user industries.
Key Automated Waste Collection System Market Trend
Combining a human workforce and robots for effective waste sorting will fuel the global automated waste collection system market growth. Considering the huge amount of waste collected daily in end-user industries, sorting recyclable and non-recyclable waste and different materials such as plastic, glass, metals, and paper is a tedious process that cannot be done accurately by workers alone. Robots are precise and efficient but achieving accuracy with robots alone is also a challenging task. Hence, manufacturers are developing new methods for improving accuracy in sorting waste. For instance, a gaming company has developed a game through which robots and humans can work together to achieve more precision and efficiency in sorting waste. The gaming software has some predefined tasks set for people and robots, where workers use a touchscreen to monitor the materials coming through a conveyor belt. Workers then use the screen to swipe recyclable materials from the conveyor belt. With this step, materials such as paper, plastic, tin, and cans are collected in one place. Thus, the combination of humans and robots will aid in more effective and efficient waste sorting and will induce end-user industries to adopt this combination, which will drive the growth of the global automated waste collection system market during the forecast period.
Key Automated Waste Collection System Market Challenge
The potentially high initial investment is the major challenge to the global automated waste collection system market growth. Automated waste collection systems have to undergo routine maintenance and occasional repair. A lot of expertise and a specialized team are needed to repair and maintain an automated waste collection system. Moreover, at the time of repair and maintenance, waste sorting work applications come to a halt, which affects other operations in the industry as well. Automated waste collection systems are most suitable for tasks that are repetitive in nature. As robots are programmed to follow a particular chain of operations, they are efficient at performing repetitive tasks but, at the same time, are not that efficient at carrying out non-repetitive tasks. In such cases, end-users need to hire personnel that can perform non-repetitive tasks, which adds to the costs. Another issue with automated waste collection systems is that they do not have the ability to switch between tasks easily. Thus, the high investment and implementation costs associated with automated waste collection systems will act as a challenge to the growth of the market.
This automated waste collection system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global automated waste collection system market as a part of the global environmental and facilities services market within the global industrial market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automated waste collection system market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the automated waste collection system market encompasses successful business strategies deployed by the key vendors. The automated waste collection system market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The AWCS market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the automated waste collection system market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and the evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global industrial market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
For more insights on the market share of various regions Request PDF Sample now!
32% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the AWCS market in APAC. Market growth in this region will be slower than the growth of the market in other regions.
The use of robots to ensure safety in the waste sorting process will facilitate the automated waste collection system market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
In 2020, the increase in the number of COVID-19 cases negatively impacted the automated waste collection system market in APAC. The rising number of deaths from COVID-19 led to the imposition of stringent lockdowns in various countries in the region, primarily during the first half of 2020. As a result, major manufacturing units of automated waste collection systems were closed. This adversely impacted the growth of the automated waste collection system market in APAC. However, the region witnessed a decline in the number of COVID-19 cases in late 2021 with the introduction of COVID-19 vaccines. This led to the resumption of operations in end-user industries. Thus, with the increasing adoption of automated waste collection systems for precision and quality in industrial waste sorting, the market in APAC is expected to witness a higher growth rate during the forecast period.
To gain further insights on the market contribution of various segments Request a PDF Sample
The automated waste collection system (AWCS) market share growth in the stationary segment will be significant during the forecast period. The stationary segment was the largest segment of the market in 2021 and will continue to be the largest segment of the market during the forecast period. There are many types of products that cause pollution to a great extent. For instance, marine life is highly affected by the discharge of polyethylene waste products into oceans and seas. Removing plastic products from waste streams is highly challenging as many harmful products, such as sleeve labels, PET trays, and microbeads are difficult to remove manually or with the help of waste sorting machines.
This report provides an accurate prediction of the contribution of all the segments to the growth of the automated waste collection system market size and actionable market insights on the post-COVID-19 impact on each segment.
Automated Waste Collection System Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.05% |
Market growth 2022-2026 |
$73.05 million |
Market structure |
Fragmented |
YoY growth (%) |
4.8 |
Regional analysis |
North America, Europe, APAC, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 32% |
Key consumer countries |
US, China, Japan, France, and Germany |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Aerbin APS, AMCS Group, Atreo, AWC Berhad, Bondtech Corp., Caverion Corp., Ecosir Group, Evac GmbH, Green Wave Solutions, Logiwaste AB, MABAT Ltd., MariMatic Oy, MEIKO Maschinenbau GmbH & Co. KG, Nord Engineering Spa, Precision AirConvey Corp., Stena AB, Stream Environmental LLC, Terberg RosRoca Group, and Impact Air Systems |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.