According to the research report titled ‘Vacuum Waste Systems Market Size By Surface Position (Underground, Overground), By Product (Stationary, Mobile), By End-use Sector (Residential, Industrial, Commercial, Institutional, Transportation Systems), 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 touted to grow at a substantial rate over the forecast period 2019-2026.
 

Report findings state that increasing awareness regarding sustainable development goals issued by the UN (United Nations), and fast paced development of smart waste management service infrastructure are driving global vacuum waste systems industry growth.
 

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Despite the positive outlook, high installation as well as maintenance costs of these systems are likely to hamper market remuneration over the upcoming years.
 

Based on surface position type, underground vacuum waste system segment accounted for 50% of the total market share in the recent past and is likely to boost significantly over the next 6 years. These systems can be utilized across underground space and also have applications on the surface.
 

With respect to product type fragmentation of worldwide vacuum waste systems industry, stationary segment is projected to witness 8% CAGR over the assessment period, driven by booming product demand from several end-use sectors. These systems not only minimize noise, pollution, and odor problems, but are also suitable for accumulating waste from all streams.
 

In terms of end-user scope, transportation system segment captured 25% of the total industry share in 2018 owing to surging demand for waste collection in trains, ships, and airplanes. Moreover, widespread product adoption in metros and buses will also stimulate segmental growth over the forecast period.
 

Regionally speaking, North America industry accounted for USD 60 million worth of revenue share in 2018 and is projected to follow a similar trend over the study duration. This can be credited to the extensive deployment in industrial and transportation sectors across the region.
 

Key players in global vacuum waste systems market sphere are Nederman Holding AB, Goko Seisakusho Co. Ltd., EVAC Group, Jets Vacuum AS, Collins Aerospace (Raytheon Technologies Corp.), MEIKO Maschinenbau GmbH & Co. KG, Wärtsilä Oyj Abp, Aqseptence Group GmbH, Stream Environment Sdn. Bhd., Logiwaste AB, Marimatic Oy, and Envac AB.