Insights on the Waste Management Equipment Global Market to 2027 - Opportunity Analysis and Industry Forecast
DUBLIN, Dec. 31, 2020 /PRNewswire/ -- The "Waste Management Equipment Market by Product Type, Waste Type, and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global waste management equipment market size was valued at $48,420.0 million in 2019, and is expected to reach $58,876.1 million by 2027, registering a CAGR of 4.1% from 2020 to 2027. Waste management equipment is used for collection, transportation & disposable of garbage, sewage, and other waste products. It involves lifting and unloading waste from garbage containers or garbage bins in an effective manner.
Waste management equipment involves collecting and transporting waste such as solid, liquid, or gas. This equipment is used to deal with municipal, industrial, and hazardous waste efficiently. Municipal waste is collected from residential areas, which is non-hazardous. Industrial waste refers to waste generated in industries while production and manufacturing processes. Hazardous waste is generated from pharmaceuticals, chemicals, and medicals. Further, the activities involved are collection and disposal. Waste collection services consist of loading & unloading, collection & transportation, sorting of waste, and storage & handling. Whereas, waste management equipment is classified as waste disposal and waste recycling & sorting equipment. Waste disposal equipment is used for transport and unloading of garbage in a safe and effective manner. The waste recycling & sorting equipment is used for cuts, bales, and sorting waste materials, which is easy to recycle.
The waste management equipment industry growth is majorly driven by growth in urban population all over the globe. This has eventually led to an increase in the amount of waste from municipal as well as industrial sectors. In addition, the rise in environmental awareness has led to an increase in planned collection and disposal of waste. Further, growing concerns regarding industrial waste recycling are projected to garner the growth of the waste management equipment market. Major players engaged in the manufacturing of high-performance waste management equipment to recycling waste materials. For instance, in July 2018, Coparm Srl, based in Italy, launched a new shredder TR30. It has a shredding capacity of 1 to 3 tons/hr. It has a blade thickness of 30-50 mm. It is operated by a battery of power of 22 Kw. It has two shafts, which rotate at a speed of 12-18 revolution per minute (RPM). Such factors are projected to boost the growth of the waste management equipment market.
However, a lack of awareness regarding sustainable waste management among developing countries is a major restraint for the waste management equipment market along with its labor-intensive and high cost of processing. On the contrary, high growth potential in emerging regions such as the Asia-Pacific and LAMEA due to increase in population and disposable income of people provide lucrative opportunities for the market players during the forecast period.
The global waste management equipment market is segmented on the basis of product type, waste type, application, and region. On the basis of product type, the market is divided into waste disposal equipment and waste recycling & sorting equipment. The waste disposal equipment segment is sub-segmented into dumpers, compactors, trucks, and others. The waste recycling & sorting equipment segment is further segregated into conveyor systems, screeners, shredders, and others. The waste recycling & sorting segment dominated the market in 2019.
Competition Analysis
Key companies profiled in the report include Recycling Equipment Manufacturing Inc, CP Manufacturing Inc, Dover Corporation, Morita Holding Corporation, Tomra Systems ASA, Wastequip LLC, Blue Group, KK Balers Ltd, Shred-Tech Corporation, and McNeilus Trucks and Manufacturing, Inc.
Key Benefits
- The report provides an extensive analysis of the current and emerging waste management equipment market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2019 and 2027.
- Extensive analysis of the waste management equipment market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global waste management equipment market forecast analysis from 2020 to 2027 is included in the report.
- The key market players within the waste management equipment market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the waste management equipment market.
Key Players
- Recycling Equipment Manufacturing, Inc
- CP Manufacturing, Inc
- Dover Corporation
- Morita Holding Corporation
- Tomra Systems ASA
- Wastequip, LLC
- Blue Group
- KK Balers Ltd
- Shred-Tech Corporation
- McNeilus Trucks and Manufacturing, Inc.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Growth in Urban Population
3.4.1.2. Increase in the Amount of Waste Generated
3.4.1.3. The Rise in Environmental Awareness Towards Industrial Waste Recycling
3.4.1.4. Stringent Government Regulations
3.4.2. Restraint
3.4.2.1. Lack of Awareness in Developing Countries
3.4.2.2. High Initial Capital Investment
3.4.3. Opportunity
3.4.3.1. High Growth Potential in Emerging Countries
3.5. Covid-19 Impact Analysis
Chapter 4: Waste Management Equipment Market, by Product Type
4.1. Market Overview
4.1.1. Market Size and Forecast, by Product Type
4.2. Waste Disposal Equipment
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Dumpsters
4.2.3. Compactors
4.2.4. Trucks
4.2.5. Others
4.2.6. Market Size and Forecast, by Region
4.2.7. Market Size and Forecast, by Country
4.3. Waste Recycling and Sorting Equipment
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.1.1. Conveyor Systems
4.3.1.2. Screeners
4.3.1.3. Shredders
4.3.1.4. Others
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Size and Forecast, by Country
Chapter 5: Waste Management Equipment Market, by Waste Type
5.1. Market Overview
5.1.1. Market Size and Forecast, by Waste Type
5.2. Hazardous
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Size and Forecast, by Country
5.3. Non-Hazardous
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Size and Forecast, by Country
Chapter 6: Waste Management Equipment Market, by Application
6.1. Market Overview
6.1.1. Market Size and Forecast, by Application
6.2. Industrial Waste
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Size and Forecast, by Country
6.3. Municipal Waste
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Size and Forecast, by Country
6.4. Others
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Size and Forecast, by Country
Chapter 7: Waste Management Equipment Market, by Region
7.1. Market Overview
7.2. North America
7.3. Europe
7.4. Asia-Pacific
7.5. LAMEA
Chapter 8: Company Profiles
8.1. Recycling Equipment Manufacturing, Inc.
8.1.1. Company Overview
8.1.2. Key Executive
8.1.3. Company Snapshot
8.1.4. Product Portfolio
8.2. Cp Manufacturing, Inc.
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Product Portfolio
8.2.5. Key Strategic Moves and Developments
8.3. Dover Corporation
8.3.1. Company Overview
8.3.2. Key Executive
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. R&D Expenditure
8.3.7. Business Performance
8.3.8. Key Strategic Moves and Developments
8.4. Morita Holding Corporation
8.4.1. Company Overview
8.4.2. Key Executive
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. R&D Expenditure
8.4.7. Business Performance
8.5. Tomra Systems Asa
8.5.1. Company Overview
8.5.2. Key Executive
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. R&D Expenditure
8.5.7. Business Performance
8.5.8. Key Strategic Moves and Developments
8.6. Wastequip, LLC.
8.6.1. Company Overview
8.6.2. Key Executive
8.6.3. Company Snapshot
8.6.4. Product Portfolio
8.6.5. Key Strategic Moves and Developments
8.7. Blue Group.
8.7.1. Company Overview
8.7.2. Key Executive
8.7.3. Company Snapshot
8.7.4. Operating Segments
8.7.5. Product Portfolio
8.7.6. Key Strategic Moves and Developments
8.8. Kk Balers Limited
8.8.1. Company Overview
8.8.2. Key Executive
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.9. Shred-Tech Corporation
8.9.1. Company Overview
8.9.2. Key Executive
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Key Strategic Moves and Developments
8.10. Oshkosh Corporation (Mcneilus Truck and Manufacturing, Inc.)
8.10.1. Company Overview
8.10.2. Key Executive
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. R&D Expenditure
8.10.7. Business Performance
8.10.8. Key Strategic Moves and Developments
For more information about this report visit https://www.researchandmarkets.com/r/hajsxw
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