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

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.

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

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  1. Vacuum Waste Market is likely to register a CAGR of 8% over 2020-2026

  2. KeyInsights 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.

  3. 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.

  4. Request for a Sample Copy of This Research Report @ https://bit.ly/2GHNMI1 Request for customization this report @ https://bit.ly/31m8K9b

  5. Major Companies In Vacuum Waste Market : • Envac AB • Marimatic Oy • Logiwaste AB • Stream Environment SDN. BHD. • WärtsiläOyjAbp • MEIKO International • EVAC Oy • Collins Aerospace • Jets Vacuum AS • Aqseptence Group GmbH • EVAC GmbH • Goko Seisakusho Co. • Nederman Holding AB

  6. 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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