Automated Waste Collection System Market is expected to reach US$ 365.37 million by 2028

According to our latest market study on “Automated Waste Collection System Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Stationary and Mobile); End-user (Airports, Educational Institutions, Hospitals, Corporate Offices, Hotels / Restaurants, and Others), the 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% from 2021 to 2028.  

Europe led the global automated waste collection system market with 42.1% revenue share in 2020, followed by APAC and North America. The European region includes France, Germany, Russia, Italy, the UK, and the Rest of Europe. The European market is a highly diverse market with a group of more than 40 countries in it. Western European countries are more advanced compared to the NORDIC and other Eastern European countries. Therefore, there are more developments and advancements in the field of automation in the western part of Europe. On the other hand, economically strong countries such as Germany, Italy, the UK, and Spain have witnessed significant growth in the implementation of automation solutions. Healthcare, automobile industry, food & beverage processing industry, commercial spaces such as airports, and other public entertainment places are the biggest end users of automated waste collection systems.

In 2020, APAC stood second in the automated waste collection system market with a decent share and it is anticipated to witness a steady CAGR from 2021 to 2028. APAC comprises India, China, Japan, Australia, South Korea, and Rest of APAC. Countries such as Japan, India, China, Australia, Singapore, Taiwan, and Indonesia have a plethora of manufacturing industries owing to a diverse sector that includes electronics, food & beverage, chemicals, textile, automobiles, and healthcare. Over the years, the manufacturing spending of the region has grown significantly, and it is further anticipated to grow at the highest estimated growth rate. The amount of waste produced by these industries has increased significantly over the years. Owing to this reason, these industries have experienced a huge shift in the adoption of automated waste management systems. The Asian manufacturing sector is known to rapidly adopt innovation that include robotics along with the emerging cloud and mobility technologies.

Further, developments of smart cities in India and digitalization of industries are influencing the adoption of automated solutions across all verticals including waste management. Moreover, rapid urbanization across the region has led to an increase in municipal waste generation. In recent years, electronic waste and plastic waste have added significantly to the overall waste stream. Untreated waste is dumped in random locations in the outskirts of towns and villages, contaminating groundwater and polluting the air. As a result, there is a growing need to find blind spots in waste collection and transportation to increase efficiency. Thus, these factors are influencing the need for automated waste collection and management systems across the region.

Impact of COVID-19 Pandemic on  Automated Waste Collection SystemMarket

The automated waste collection system manufacturers in the region, however experienced limited tremors as the governments in the region encouraged municipalities and private organizations to invest towards smart and intelligent waste or garbage collection and sorting solutions. Since, the residential waste volumes increased substantially, the demand for automated waste collection systems among the residential sector soared. However, due to disruption in supply chain caused by the limitation of human movements, resulted in slower deployment and installation of the AWCS in the US, Canada, and Mexico. This followed slower than usual revenue growth trend in the North American automated waste collection systems market.

Automated Waste Collection System Market — Geographic Breakdown, 2020 (%)

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Automated Waste Collection System Market to Grow at a CAGR of 5.9% to reach US$ 365.37 million from 2020 to 2028

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

The global automated waste collection system market has been segmented as follows:

Automated Waste Collection System Market – by  Product Type

•   Stationary
• Mobile

Automated Waste Collection System Market – by End-User

• Airports
• Educational Institution
• Hospitals
• Corporate Offices
• Hotels / Restaurants
•  Others

Automated Waste Collection System Market- by Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
• Asia Pacific (APAC)
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
• South America (SAM)
  • Brazil
  • Argentina
  • Rest of SAM