Waste Management Equipment Market: Market Size, Key Players, and Growth Forecast by 2024

The Waste Management Equipment Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Waste Management Equipment Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

The global waste management equipment market size was valued at USD 17.83 billion in 2023. The market is projected to grow from USD 18.51 billion in 2024 to USD 26.56 billion by 2032, exhibiting a CAGR of 4.6% during the forecast period.

Recent industry developments are;

• Wastequip LLC acquired Wastebuilt Environmental Solutions LLC based in the U.S. The company deals in manufacturing and trading of refuse, fleet parts, and related equipment. The acquisition was done for improving the supply chain network of waste management services and equipment of the Wastequip LLC.
• Averda International Limited signed a partnership agreement with King Abdullah University of Science and Technology (KAUST) for bringing sustainable waste management services to the universities across Saudi Arabia. The partnership was done for 10 years and aimed to achieve zero waste to landfill centers.
• Sierra International Machinery LLC based in California, U.S. opened a new manufacturing facility at Jesup, Georgia, U.S. The new manufacturing facility is 24,000 square feet. The business expansion was done for improving the production capacity of waste management equipment and increasing demand for Sierra’s products.
• Brightmark signed a partnership with Jamar Health Products based in the U.S. that deals in medical waste recycling services. The partnership was aimed at improving the waste management services of the company.
• Waste Management Inc invested around USD 200 million for improving the recycling infrastructure of the company. The investment also resulted in capturing more recyclable materials, which require more waste management equipment.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

Dover Corporation (U.S.), Morita Holdings Corporation (Japan), Wastequip LLC (U.S.), Oshkosh Corporation (U.S.), Sierra International Machinery LLC (U.S.), JCB (U.K.), Kirchoff Group (Germany), Waste Connections (U.S.), EnerpatGroup UK Ltd (U.K.), Caterpillar Inc (U.S.)

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Waste Management Equipment Market Segmentation:

By Product Type

• Waste Disposal Equipment
  • Dumpsters
  • Compactors
  • Trucks
  • Others (Drum Crushers and Others)
• Waste Recycling & Sorting Equipment
  • Conveyors
  • Screeners
  • Shredder
  • Others (Grinders and Others)

By Waste Type

• Hazardous
• Non-hazardous

By Application

• Industrial Waste
• Municipal Waste
• Others (Agricultural Waste and Others)

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Waste Management Equipment Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Waste Management Equipment Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Increasing regulations and policies promoting sustainable waste management practices.
  • Growing urbanization and industrialization leading to higher waste generation.
• Restraints:
  • High initial investment costs associated with advanced waste management technologies.
  • Limited awareness and adoption of modern waste management solutions in developing regions.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Waste Management Equipment Market Regional Segmentation:

• North America (By Product Type, By Waste Type, By Application, By Country)
  • U.S. (By Application)
  • Canada (By Application)
  • Mexico (By Application)
• Europe (By Product Type, By Waste Type, By Application, By Country)
  • Germany (By Application)
  • U.K. (By Application)
  • France (By Application)
  • Italy (By Application)
  • Rest of Europe
• Asia Pacific (By Product Type, By Waste Type, By Application, By Country)
  • China (By Application)
  • Japan (By Application)
  • India (By Application)
  • South Korea (By Application)
  • Rest of Asia Pacific
• South America (By Product Type, By Waste Type, By Application, By Country)
  • Brazil (By Application)
  • Argentina (By Application)
  • Rest of South America
• Middle East & Africa (By Product Type, By Waste Type, By Application, By Country)
  • GCC (By Application)
  • South Africa (By Application)
  • Rest of Middle East & Africa

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