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

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)

The North America automated waste collection systems market is expected to grow from US$ 49.45 million in 2021 to US$ 70.08 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028. Waste collection is an important aspect of waste management; however, rates differ a lot based on income levels, with upper-middle- and high-income countries having an almost universal waste collection. Different types of waste produced worldwide include food waste, glass and green, paper and cardboard, rubber and leather, wood, and plastic. Thus, the rising waste production in North America 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 North American population.

The North America automated waste collection systems market is segmented into product type, end user, and country. Based on product type, the North America automated waste collection systems market is bifurcated into stationary and mobile. In terms 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 a larger 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 a higher CAGR during the forecast period.

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 lower manpower, thereby encountering limited production. This factor has been showcasing a decline in revenue generation among the manufacturers. The disruption in the supply chain also led the manufacturers to observe a 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 in smart and intelligent waste or garbage collection and sorting solutions. Since the residential waste volumes increased substantially, the demand for automated waste collection systems in the residential sector soared. However, disruption in the 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 a slower than usual revenue growth trend in the North American automated waste collection systems market.

The overall North America automated waste collection systems market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the North America automated waste collection systems market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America automated waste collection systems market. Some of the activities undertaken by the companies that have promoted market growth are mergers and acquisitions and market initiatives. The companies include AMCS GROUP, ENVAC AB, MEIKO Group, MABAT, and EVAC GROUP.

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