Report : North America 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).
Stationary segment has the Largest Share of Product Type in the North America Automated Waste Collection Systems Market during 2020–2028
According to a new market research study on “North America 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$ 70.08 million by 2028 from US$ 49.45 million in 2021. The market is estimated to grow at a CAGR of 5.1% from 2021 to 2028. The report provides trends prevailing in the North America 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 COVID-19 pandemic has created significant turmoil among several industries in the North American region, especially in the US. The tremendous spread of the virus has led numerous industries and manufacturing facilities in the region to operate with a lower manpower, thereby, encountering limited production. This factor has been showcasing decline in revenue generation among the manufacturers. The disruption in supply chain also led the manufacturers to observe drop in monthly and annual sales. 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.
The market for North America Automated Waste Collection Systems Market is segmented into the product type, end user and country. Based on product type, the North America 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.
AMCS GROUP, ENVAC AB, MEIKO Group, MABAT, EVAC GROUP. Among the leading companies in the North America 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 North America automated waste collection systems is segmented into product type, and end user. Based on product type, the North America automated waste collection systems is segmented into stationary and mobile. Based on end user, the North America automated waste collection systems is segmented airports, educational institutions, hospitals, corporate offices, hotels / restaurants, and others. By Geographically, North America automated waste collection systems is segmented into (US, Canada, and Mexico).
North America Automated Waste Collection Systems Market , By Country, 2021 and 2028 (%)
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