Europe Automated Waste Collection Systems Market Size, Share, Trends, Segmentation And Forecast To 2028

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.

๐Ÿ“š ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ@ https://www.businessmarketinsights.com/sample/TIPRE00027445

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.

Europe Automated Waste Collection Systems Market  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.

๐Ÿ“š๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค @ https://www.businessmarketinsights.com/reports/europe-automated-waste-collection-systems-market

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.

๐“๐ก๐ž ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

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)

ร˜  Segments Covered


By Product Type

  • Stationary and Mobile

By End-user

  • Airports
  • Educational Institutions
  • Hospitals
  • Corporate Offices
  • Hotels/Restaurants

ร˜  Regions and Countries Covered   


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
  • The COVID-19 Impact: A Temporary Setback

    • Disruption of Supply Chains and Manufacturing:
      • The lockdowns imposed across Europe in 2020 significantly disrupted supply chains, causing delays in the procurement of raw materials and components needed for AWCS manufacturing.
      • Factories and production facilities were forced to operate at reduced capacity or shut down entirely, leading to a substantial decrease in production volumes.
      • Countries like Russia, Germany, Spain, Italy, and the UK, which were severely impacted by the virus, experienced the most significant disruptions.
    • Decline in Revenue and Project Delays:
      • The reduction in production volumes directly translated into a decline in revenue for AWCS manufacturers, particularly during the second and third quarters of 2020.
      • Many planned AWCS installation projects were postponed or canceled due to economic uncertainty and logistical challenges.
      • Municipalities and developers, facing budget constraints, delayed investments in new infrastructure projects.
    • Labor Shortages and Safety Concerns:
      • The pandemic led to labor shortages as workers were either sick or required to quarantine.
      • Manufacturers also had to implement strict safety protocols to protect their employees, which further impacted production efficiency.

 The Recovery and Resilience: Securing Contracts and Driving Growth

  • Securing Contracts Amidst Challenges:
    • Despite the challenges, many European AWCS manufacturers demonstrated resilience by actively pursuing and securing new contracts.
    • Companies like MariMatic, based in Finland, secured significant contracts in Saudi Arabia, Amsterdam, and Stockholm, demonstrating the continued demand for their solutions.
    • These contracts provided a crucial lifeline for manufacturers, helping them to offset the losses incurred during the lockdown period.
  • International and Local Demand:
    • The demand for AWCS remained strong both within Europe and internationally, driven by the long-term benefits of these systems.
    • Municipalities and developers recognized the importance of investing in sustainable waste management infrastructure, even during challenging times.
    • The increased focus on hygiene and sanitation during the pandemic further highlighted the advantages of automated waste collection.
  • Recovery in Q3 and Q4 2020:
    • As lockdowns began to ease and economic activity gradually resumed, AWCS manufacturers experienced a recovery in the third and fourth quarters of 2020.
    • The securing of new contracts and the resumption of delayed projects contributed to increased revenue generation.
    • This late 2020 recovery allowed the market to regain some of the ground lost during the peak of the pandemic. Europe Automated Waste Collection Systems Market 

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications


Comments

Popular posts from this blog

Europe Power Management IC Market- Global Drivers, Opportunities, Trends, and Forecasts to 2028

Last Mile Delivery Market Drivers, Opportunities, Trends, and Forecasts by 2031