Automated Waste Collection System Market to Grow at a CAGR of 5.9% to reach US$ 365.37 million from 2020 to 2028
May 20, 2021
The automated waste collection system market was valued at US$ 234.88 million in 2020 and is projected to reach US$ 365.37 million by 2028; it is expected to grow at a CAGR of 5.9% during 2021–2028.
The key factor driving the automated waste collection system market is the government initiatives for proper disposal of waste. Government bodies across the world have imposed rules and regulations for the collection and segregation of waste. For instance, the Government of India has specified new solid waste management rules emphasizing on the segregation of waste at source. The new regulations require waste to be separated at the source to channel it into capital through recovery, reuse, and recycling. Therefore, before handing over waste to the collectors, waste generators must sort it into three streams—biodegradables, dry (plastic, paper, metal, wood, etc.), and domestic hazardous waste (diapers, napkins, mosquito repellants, cleaning agents, etc.).
However, the segregation of waste at a high scale is a tedious process, which is compelling government authorities to focus on automatic solutions of waste segregation. These factors are influencing the adoption of automated waste collection systems in many countries worldwide.
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The List of Companies: Aerbin APS, AMCS Group, Caverion Corporation, Envac AB, Logiwaste AB, Marimatic OY, MEIKO, EVAC GmbH, MBAT, Stream Environment
The latest research report on the “Automated Waste Collection System Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2028” provides a comprehensive assessment of the Automated Waste Collection System market for the forecast period from 2020 to 2028, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Automated Waste Collection System market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Automated Waste Collection System Market in order to help decision makers with various strategic insights and future outlook. The Automated Waste Collection System market is expected to witness continued growth during the forecast period from 2020 to 2028.
This is a professional and in-depth study on the current state of the Automated Waste Collection System Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Automated Waste Collection System Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on global major leading Automated Waste Collection System Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
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