Europe automated waste collection systems market in Europe is expected to grow from US$ 103.11 million in 2021 to US$ 150.18 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028.
Waste collection is an important aspect of waste management, but rates differ a lot based on income levels, with upper-middle- and high-income countries having almost universal waste collection. Different types of waste produced in the world include food waste, glass and green, paper and cardboard, rubber and leather, wood, plastic, and so on. Thus, the rising global waste production is influencing the adoption of technologically advanced solutions such as automatic waste collection systems to collect the waste and manage it for ensuring safety and environmental hygiene of the population.
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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.
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With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe Automated Waste Collection Systems Market. The Europe automated waste collection systems market is expected to grow at a good CAGR during the forecast period.
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CAVERION CORPORATION ( Europe)
AERBIN APS (Europe)
AMCS GROUP (Europe, North America)
ENVAC AB (APAC, Europe, North America, South America )
LOGIWASTE AB (Europe)
STREAM ENVIRONMENT (APAC, Middle East and Africa)
MARIMATIC OY (APAC, Europe)
MEIKO Group(APAC, Europe, Middle East and Africa, North America)
MABAT (APAC, Europe, Middle East and Africa, North America)
EVAC GROUP (APAC, Europe, North America)
- Segments Covered
By Product Type
- Stationary and Mobile
By End-user
- Airports
- Educational Institutions
- Hospitals
- Corporate Offices
- Hotels/Restaurants
- Regions and Countries Coveredย ย ย
Europe
- UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Europe Automated Waste Collection Systems Segmentation
By Product Type
- Stationary
- Mobile
By End User
- Airports
- Educational Institutions
- Hospitals
- Corporate Offices
- Hotels / Restaurants
- Others
By Country
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Challenges and Opportunities
Despite its strong growth potential, the European AWCS market faces certain challenges:
- High Initial Investment Costs: The initial investment costs associated with installing AWCS can be significant, which may be a barrier for some municipalities.
- Infrastructure Requirements: Implementing AWCS requires significant underground infrastructure, which can be challenging in existing urban areas.
- Public Acceptance: Public acceptance of AWCS is crucial for their successful implementation. Education and awareness campaigns are needed to address concerns and promote the benefits of these systems.
However, the market also presents significant opportunities:
- Growing Demand for Sustainable Waste Management Solutions: The increasing focus on sustainability and the circular economy is driving demand for innovative waste management solutions like AWCS.
- Technological Advancements: Continued advancements in technology are improving the efficiency, reliability, and cost-effectiveness of AWCS.
- Government Support: Governments are increasingly providing funding and incentives for the development and implementation of sustainable waste management infrastructure.
- Expansion into Emerging Markets: Eastern European countries and other emerging markets offer significant growth potential for AWCS.
The Future of AWCS in Europe
The future of AWCS in Europe appears promising. As cities continue to grow and the need for sustainable waste management solutions becomes more pressing, AWCS are poised to play a crucial role. With ongoing technological advancements, increasing government support, and growing public awareness, AWCS are expected to become an integral part of the European waste management landscape, contributing to cleaner, more efficient, and more sustainable cities. The integration of artificial intelligence and machine learning will allow for even more refined sorting and waste prediction. As the market develops costs will decrease, and more and more cities will find these systems to be a viable and preferable method of waste collection.
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