According to the recent research report titled ‘Vacuum Waste Systems Market Size By Surface Position, By Product, By End-use Sector, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019-2026’, available with Market Study Report, global vacuum waste systems market is anticipated to register robust growth during 2019-2026.
 

Escalating construction activities in Middle East economies, rising cognizance regarding waste management services, and UN sustainable development goals are the key factors driving the growth of global vacuum waste systems market.
 

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Notably, underground vacuum waste systems have gained immense popularity lately, accounting for 50% of the revenue share, which is likely to grow substantially by the year 2026. These systems are used across underground space as well as on the surface, enabling its utilization for recreation of new green fields and residential areas.
 

Underground vacuum waste systems also help preserve sensitive areas such as archaeological sites and historical city centers and are expected to find a variety of applications in residential and commercial sectors, contributing to the overall market outlook.

However, hefty setup and maintenance cost associated with the system is likely to hamper the remuneration scale of the industry.

Based on product landscape, stationary segment of global vacuum waste systems market is predicted to record a CAGR of 8% over the assessment period, owing to its extensive use in various end-use industries. These systems reduce pollution, noise, and odor problems, as well as help in collecting waste from all streams.

Speaking of end-use scope, transportation systems segment accounted for 25% of market revenue share in 2018, on account of wide usage of these systems in airplanes, trains, and ships for waste collection. Surging demand from metros and buses may further add to the segmental growth.

From the regional perspective, North America vacuum waste systems industry was valued at USD 60 million in 2018 and is reckoned to accrue notable gains through 2026, attributable to growing industrial and transportation sector in the region. Installation of these systems in various commercial places such as new city center of Carmel, Hudson Yards of Manhattan, and Quartier des Spectacles of Montreal will further propel the regional market growth.

Leading organizations impacting global vacuum waste systems market trends are Nederman Holding AB, Goko Seisakusho Co., Ltd., EVAC GmbH, Aqseptence Group GmbH, Jets Vacuum AS, Collins Aerospace, EVAC Oy, MEIKO International Wärtsilä Oyj Abp, Stream Environment SDN. BHD., Logiwaste AB, Marimatic Oy, and Envac AB.