Vacuum Waste Systems Market, By Surface Position (Underground and Overground), By Product (Stationar

Published Date: June 2020 | Report Code : EQ2068278

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Vacuum Waste Systems Market, By Surface Position (Underground and Overground), By Product (Stationary and Mobile), By End-Use Sector (Residential, Industrial, Commercial, Institutional, and Transportation systems) And By Region (North America, Europe, Asia Pacific, Middle East & Africa, And South America) – Market Size & Forecasting To 2028

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Domain : Equipment

Report Code : EQ2068278

Status : Published June 2020

The Global Vacuum Waste Systems Market was valued at USD 1.32 billion in 2019 and is estimated to grow at a CAGR of 8.98% during the forecast period. The vacuum waste system also known as the automated vacuum waste collection system, pneumatic refuse collection, or automated vacuum collection stand branched pipeline system with waste disposal inlets and a terminal where the waste gets transported by vacuum. The vacuum waste management system is used to maintain and improve the hygiene by litter reduction as no bin overflows ever, they also reduce odor and noise issues associated with waste collections vehicles.

Increasing trend towards promoting industrialization with resilient infrastructure, growing population along with expanding urbanization, use of affordable & clean energy technology, and shifting focus towards sustainable cities & communities is expected to drive the demand for the vacuum waste systems during the forecast period.

However, high installation and maintenance cost combined with requirement of skilled workforce for maintenance are the factors expected to restrain the growth of the global vacuum waste systems market during the forecast period.

Key Factors Impacting the Growth of Vacuum Waste Systems Market:

  • UN Resolution 70/1, transforming our world by 2030 for Achieving Sustainable Development Goals (SDG)
  • Demand to minimize vehicle access issues to busy or narrow streets
  • Increasing demand of vacuum waste system for waste collections & management services.
  • Development of advanced technologies along with appropriate infrastructure
  • Increasing demand for the affordable & clean energy technology
  • Increasing need for waste separation and recycling
  • Rising population and associated expanding urbanization

The vacuum waste systems market segmentation is based on surface position, product, end-use sector, and region.

Surface Position Outlook:

Based on surface position, the global vacuum waste systems market is further segmented into underground and over ground. The overground segment is held the largest market share in the global vacuum waste system and is expected to continue the lead due to its advantages in the densely populated residential areas that lack space for placing waste storage containers.

Product Outlook:

Based on product, the global Vacuum waste systems market is divided into stationary and mobile.  The stationary vacuum waste management systems offers numerous advantages like as inlets in public realm can be fitted with automatic locking mechanism, which can be initiated remotely from the control system, thus this segment held the largest market share in the global vacuum waste management market in 2019.

 For End-Use Sector Outlook:

Based on end-use sector, the Vacuum waste systems market has been segmented into residential, industrial, commercial, institutional, and transportation systems. The residential end use sector with the requirement of less energy and low long-term maintenance costs waste management systems in the residential sector is expected to drive the demand for the vacuum waste systems during the forecast period.

Regional Outlook:

Based on the region, the global vacuum waste systems market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. The North America region includes countries like US, Canada, and Mexico. Western Europe region includes countries like Germany, UK, France, Italy, Spain, and others. Eastern Europe region includes countries like Russia, Turkey, and others. Asia Pacific region includes countries like China, Japan, India, South Korea, Australia, and others. The Middle East region includes countries like UAE, Saudi Arabia, Qatar, Iran, and others. Rest of the World includes South America and Africa.

Europe held the largest market chunk in the global vacuum waste system in 2019, due to the high adoption and penetration of such systems in the emerging and established nations comprising France, Sweden, Germany, Spain, and Finland. However, Asia-pacific region is expected to register highest growth rate during the forecast period, with factors like rising awareness towards clean environment and waste management services in this region.

The report analyzes factors affecting the vacuum waste systems market from both demand and supply side and further analyses market dynamics affecting the market during the forecast year such as driver, restrain, opportunities and future trends. The report also provides comprehensive Porter’s model analysis on the Vacuum waste systems market for all six regions namely; North America, Western Europe, Eastern Europe, Asia Pacific, Middle East and the Rest of the world.

Competitive Landscape

Major companies in global vacuum waste systems market are investing in research and development. Key market players are majorly investing in new product developments to increase their respective markets shares. The key leading players in the market include Goko Seisakusho Co., ltd., Nederman Holding AB,Envac AB, Stream Environment SDN. BHD., Wärtsilä Oyj Abp, MEIKO International, EVAC Oy, Collins Aerospace, Marimatic Oy, Logiwaste AB, Jets Vacuum AS, Aqseptence Group GmbH, EVAC GmbH, and among others.

This report also includes the profiles of key Vacuum waste systems market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments in Vacuum Waste Systems Market:

  • In 2016 Caverion Corporation Finland based company specialized in designing, building and maintaining "user-friendly and energy-efficient building systems", and offers industrial services launched the automatic waste collection systems for better infrastructure in residential areas which transports waste away from residential areas using underground vacuum tubes. This system is completely environmentally friendly and enables waste management in residential areas to be hidden away, minimizing the need for traditional bin shelters.

What Does This Report Provide?

This report provides a detailed understanding of the global vacuum waste systems market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Surface Position

  • Underground
  • Overground

By Product

  • Stationary
  • Mobile

By End-Use Sector

  • Residential
  • Industrial
  • Commercial
  • Institutional
  • Transportation system

By Region:

  • North America Vacuum Waste Systems Market
    • By Country (US, Canada, Mexico)
    • By Surface Position
    • By Product
    • By End-Use Sector
  • Europe Vacuum Waste Systems Market
    • By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
    • By Surface Position
    • By Product
    • By End-Use Sector
  • Asia Pacific Vacuum Waste Systems Market
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Surface Position
    • By Product
    • By End-Use Sector
  • Middle East & Africa Vacuum Waste Systems Market
    • By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
    • By Surface Position
    • By Product
    • By End-Use Sector
  • South America Vacuum Waste Systems Market
    • By Country (Brazil, Argentina, Colombia, Rest of South America)
    • By Surface Position
    • By Product
    • By End-Use Sector

Reasons to Buy This Report:

  • Market size estimation of the vacuum waste systems market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

  • We provide customization of the study to meet specific requirements:
  • By Segment
  • By Sub-segment
  • By Region/Country

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