Vacuum Waste Systems market size is touted to cross the USD 1.3 billion mark by 2026.

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Vacuum Waste Market is likely to register a CAGR
of 8 over 2020-2026
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Key Insights Vacuum Waste Market

• Vacuum waste systems market outlook is likely to
  be driven by growing awareness pertaining to
  waste management and sustainable utilization of
  resources. Various initiatives undertaken by
  governments, as well as privately held
  organizations, for waste management and recycling
  will support industry growth further.
• Vacuum waste systems transport waste using vacuum
  technology through an underground network of
  pipes. The biggest advantage of using these
  systems is significant reduction in CO2
  emissions, above 90 as compared to traditional
  collection models by truck.
• Waste collection and rubbish disposal play a
  major role in cleanliness, population health
  index, conservation of resources, and
  sustainability drive. In a bid to protect
  environment and health of the population,
  governments across the globe have initiated
  various waste management and recycling programs.
• Spreading consumer awareness regarding
  Sustainable Development Goals laid down by the UN
  coupled with adoption of smart sustainable
  infrastructure for waste management will
  positively impact industry growth over the coming
  years. In terms of revenue, vacuum waste systems
  market size is touted to cross the USD 1.3
  billion mark by 2026.

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Continued

• Underground vacuum waste systems dominate the
  market with over 50 share in the overall revenue
  and the segment is likely to showcase impressive
  growth rate through 2026. These systems are
  witnessing massive adoption as they not only
  utilize the underground space but also create
  space on the surface. The saved space can further
  be used by residential areas or recreational new
  green fields. Underground vacuum waste systems
  also aid in preserving sensitive areas, such as
  historical city centers and archaeological sites.
  Offering ample application scope in residential
  and commercial sector, these systems will
  experience massive demand over the analysis
  period.
• That being said, it is imperative to note that
  even though underground vacuum waste systems are
  garnering rapid acceptance, overground waste
  vacuum systems still predominate in a number of
  end use sectors.
• Stationary vacuum waste market is likely to
  register a CAGR of 8 over 2019-2026 owing to
  wide-ranging application of the product in
  various end-use industries. These systems are not
  only suitable for collecting waste from all
  streams, but they also alleviate pollution,
  noise, and odor problems. Stationary vacuum waste
  systems also reduce the usage of waste collection
  through trucks in municipal areas along with
  enhancing safety of collection workers.

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Major Companies In Vacuum Waste Market

• Envac AB
• Marimatic Oy
• Logiwaste AB
• Stream Environment SDN. BHD.
• Wärtsilä Oyj Abp
• MEIKO International
• EVAC Oy
• Collins Aerospace
• Jets Vacuum AS
• Aqseptence Group GmbH
• EVAC GmbH
• Goko Seisakusho Co.
• Nederman Holding AB

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Regional Vacuum Waste Market

• North America vacuum waste systems market
  generated a massive revenue of over USD 60
  million in 2018 and is expected to gain
  considerably over the coming years. Growing
  demand for vacuum waste systems in transportation
  and other industrial sectors across the region is
  positively impacting industry size. Moreover,
  large scale installations of these systems in
  major commercials places in the region, such as
  Quartier des Spectacles of Montreal, Hudson Yards
  of Manhattan, and new city center of Carmel, will
  further drive regional growth.

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