Europe is the second largest market for the hazardous waste management services. In 2012, more than 100 million tons of hazardous waste was generated in this region. Strict environmental services are pushing plant owners to find better, economically feasible ways of waste management services. This provides sufficient growth opportunities for automation of hazardous waste handling.
Hazardous waste management is the collection, disposal and treatment of harmful materials. If improperly handled, it can cause substantial harm to human health and the environment. These include waste materials generated on a day-to-day basis by people, power plants and manufacturing companies.
Some of these wastes can be handled manually while some may require expertise and automation solutions to minimize human contact with the waste. Use of such automation solutions for handling waste also improves the process efficiency and reduces the reliability on manual intervention. Thus, concerns about the proper handling of these harmful substances can be eliminated.
Different products used in hazardous waste handling automation include cranes, manipulator arms and size reduction arms. Some of the major vendors of these products are Par Systems, Konecranes, DX Engineering, Pallmann Maschinenfabrik GmbH & Co. KG, A.C.E, Inc.
DRIVERS
- Government and industry regulations
- Growing concern about the waste management
RESTRAINTS
- The economic activity still has to pick up in several countries owing to the global recession of 2008.
- The market has reached a stagnant position in several developed countries. Vendors have to look out for new avenues for their products.
SPECIALITIES OF THIS REPORT
- The report will be useful in gaining an exhaustive understanding of the regional market. It will also be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
- The report will be an ideal source material for industry consultants, manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered.
- The report contains a wide range of information about the leading market players and the major strategies adopted by them.
WHAT THE REPORT OFFERS
- Market definition along with identification of key drivers and restraints for the market.
- Market analysis with region-specific assessments and competition analysis on a global and regional scale.
- Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
- Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
- Identification and analysis of the macro and micro factors that affect the industry on both global and regional scale.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
