Smart Waste Management Market 2020 Business Scenario –Suez Environmental Services, Veolia Environmental Services, Enevo, Smartbin (OnePlus Systems Inc.)

Smart Waste Management Market – Growth, Trends, And Forecast (2020 – 2025)

The report presents an in-depth assessment of the Smart Waste Management including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles, and strategies. The report also presents forecasts for Smart Waste Management investments from 2020 till 2025.

The smart waste management market was valued at USD 1.77 billion in 2019 and is expected to reach USD 6.52 billion by 2025, registering a CAGR of 25.68%, during the forecast period of 2020-2025.

The Smart Waste Management market is highly competitive and consists of a number of major players: Suez Environmental Services, Veolia Environmental Services, Enevo, Smartbin (OnePlus Systems Inc.), Bigbelly Inc., Covanta Holding Corporation, Evoeco, Pepperl+Fuchs GmbH, IBM Corporation, BIN-e, and Others

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Scope of the Report

The smart waste management market covers the trends that are promoting the growth of technologies, such as sensors, RFID, GPS, cloud-based software solutions for effectively managing the waste (from collection to disposal) generated across residential and commercial sectors. The commercial sector includes waste generated from the food and beverage industry, pharmaceutical industries, healthcare industries, paper industries, electronics manufacturers, among others.

Key Market Trends

Smart Waste Collection Through IoT to Contribute to the Market Growth

– In the smart collection segment, the emergence of IoT has revolutionized and addressed operational costs, for the waste handling companies. The companies that offer smart solutions for waste collection primarily focus on three solutions – intelligent monitoring, route optimization, and analytics.
– By deploying sensors, network infrastructure, and data visualization platforms, waste management companies have been able to generate actionable insights, to make informed decisions.
– By using fill-level sensors (sometimes also cameras) near the trash bins, companies have been able to plan the fleet trucks in accordance with the volume of trash in bins, thus reducing the unnecessary fleet fuel consumption and contributing to reducing carbon emissions in cities.
– Municipalities of a few cities across the United States, United Arab Emirates, United Kingdom, etc., in collaboration with smart waste management innovators (such as Enevo, Smart bin, Bigbelly, etc.) are saving around 30% of waste collection costs.
– Due to the presence of commercially available technology providers, coupled with smart city initiatives & decreasing cost of IoT sensor is pushing this market towards robust growth.

North America to Account for the Largest Market Share

– North America comprises an increasing number of smart cities, and the existing ones are currently under development.
– Approximately 22% of cities in the United States and Canada have already been implementing strategic programs, compared to just 7% of cities, worldwide.
– The United States alone contributes the majority of the annual waste produced, at approximately 230 million metric tons of trash, the significant chunk of which is handled by private entities.
– Owing to government initiatives that promote sustainability, to achieve zero waste by 2020, and the penetration of smart city initiatives across the high urban concentration region, North America is expected to account for the lion’s share in the smart waste management market.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Smart Waste Management Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2025 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Smart Waste Management Market Research 2020 by Industry Growth, Business Opportunities, Top Manufacture, Industry Share Report, Status, Regional Outlook and Global Forecast to 2026

The Smart Waste Management Market was valued at USD 1.20 billion in 2017, and is expected to reach USD 3.14 billion by 2023, registering a CAGR of 17.4%, during the forecast period of 2018-2023. The report profiles the providers of smart management solutions and platforms that support technologies.

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Market By Top Companies:

Enevo, Smartbin (Oneplus Systems Inc.), Ibm Corporation, Bigbelly Inc., Covanta Holding Corporation, Bin-E, Compology, Ecube Labs Co., Pepperl+Fuchs Gmbh, Veolia Environment Sa, Nebulae And Sensoneo

Smart waste management is an important aspect of smart city development (along with water management, energy management, traffic management, etc.), in order to improve the quality of life in urban areas. The increasing number of smart city initiatives across regions therefore supports the growth of the smart waste management market. The waste management industry involves various activities, such as collection, transportation, disposal, and recycling, which have been facing efficiency issues at different stages of waste management. Specifically, the high operational costs corresponding to collection and transport of waste are leading to an increasing adoption of smart waste management.

Industry Research Coverage

Smart Collection Expected to Contribute the Most

In the smart collection segment, the emergence of IoT has revolutionized and addressed operational costs, for the waste handling companies. The companies that offer smart solutions for waste collection primarily focus on three solutions – intelligent monitoring, route optimization, and analytics. By deploying sensors, network infrastructure, and data visualization platforms, waste management companies have been able to generate actionable insights, to take informed decisions. By using fill level sensors (sometimes also cameras) near the trash bins, companies have been able to plan the fleet trucks in accordance with the volume of trash in bins, thus reducing the unnecessary fleet fuel consumption and contributing to reduce carbon emissions in cities (by up to 60%, according to Senseno).

Municipalities of a few cities across the United States, United Arab Emirates, United Kingdom, etc., in collaboration with smart waste management innovators (such as Enevo, Smartbin, Bigbelly, etc.) are saving around 30% of waste collection costs. Due to the presence of commercially available technology providers, coupled with smart city initiatives, this segment is expected to record robust growth, during the forecast period.

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Notable Developments

-Jun 2017: Technology giant Cisco partnered with the Danish government, to deploy an IoT city digital platform, intended for intelligent waste monitoring. SmartBin, an innovator in the smart waste management market, deployed its sensors in a wide range of waste and recycling containers that are integrated with the city digital platform.

Major points covered in this research are:-

─Smart Waste Management Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers

─Global Market Size (Value) of Smart Waste Management (2020-2023)

─Global Smart Waste Management Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2023)

─Global Smart Waste Management Production, Revenue (Value), Price Trend by Type

─Global Smart Waste Management Market Analysis by Application

─Global Smart Waste Management Manufacturers Profiles/Analysis

─Smart Waste Management Manufacturing Cost Analysis

─Industrial Chain, Sourcing Strategy and Downstream Buyers

─Marketing Strategy Analysis, Distributors/Traders

─Market Effect Factors Analysis

─Global Smart Waste Management Market Forecast (2020-2023)

─Competitive Landscape

─Research Findings and Conclusion

Finally, this Smart Waste Management report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Smart Waste Management product development and gives an outline of the potential Global market.

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Global Smart Waste Management Market Size, Industry Growth, Trends, Share Analysis, and COVID-19 Pandemic Presenting Opportunity Assessment 2026

The Report “Smart Waste Management Market” provides Key Benefits, Key Market Segments, Secondary and Primary Research, Analyst Tools and Models to 2025. The report will assist reader with better understanding and decision making.

The report mainly studies the size, recent trends and development status of the Smart Waste Management market, as well as investment opportunities, government policy, market dynamics (drivers, restraints, and opportunities), supply chain and competitive landscape. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Porter’s Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, industry competitors) provides crucial information for knowing the Smart Waste Management market.

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Also, The Report Smart Waste Management Market provides Key Benefits, Key Market Segments, Secondary and Primary Research, Analyst Tools and Models to 2025. The report will assist reader with better understanding and decision making.

Key players in global Smart Waste Management market include:
Bigbelly Solar
OnePlus Systems
Compology
Enevo
SmartBin
Urbiotica
IoTsens

Market segmentation, by product types:
Hardware
Service

Market segmentation, by applications:
Public Occasion
Non-Public Occasion

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Market segmentation, by regions:
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium)
Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam)
Middle East & Africa (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria)
Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru)

Reasons to get this report:
In an insight outlook, this research report has dedicated to several quantities of analysis – industry research (global industry trends) and Smart Waste Management market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape, emerging and high-growth sections of Smart Waste Management market, high-growth regions, and market drivers, restraints, and also market chances.
The analysis covers Smart Waste Management market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global Smart Waste Management Market across sections such as also application and representatives.
Additionally, the analysis also has a comprehensive review of the crucial players on the Smart Waste Management market together side their company profiles, SWOT analysis, latest advancements, and business plans.

The report provides insights on the following pointers:
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Smart Waste Management industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Smart Waste Management industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, Brazil, Mexico, Argentina, Colombia, Chile, Peru) market size (sales, revenue and growth rate) of Smart Waste Management industry.
4. Different types and applications of Smart Waste Management industry, market share of each type and application by revenue.
5. Global market size (sales, revenue) forecast by regions and countries from 2020 to 2026 of Smart Waste Management industry.
6. Upstream raw materials and manufacturing equipment, downstream major consumers, industry chain analysis of Smart Waste Management industry.
7. Key drivers influencing market growth, opportunities, the challenges and the risks analysis of Smart Waste Management industry.
8. New Project Investment Feasibility Analysis of Smart Waste Management industry.

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Smart Waste Management Market Size, Trends, Companies, Driver, Segmentation, Forecast to 2026

Market Study Report adds Global Smart Waste Management market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Global Smart Waste Management Market is valued approximately USD 1.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 16.90% over the forecast period 2020-2026. Smart waste management is the procedure of gathering, transferring, and placing or disposing the waste material in an effective manner with least possible effect on the environment.

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The regional analysis of global Smart Waste Management market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to supportive government regulations. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as growing awareness about the environmental hazards of poor waste management and the depletion of land would create lucrative growth prospects for the Smart Waste Management market across Asia-Pacific region.

Equally, in 2017, OTTO Waste Systems Pvt. Ltd.,   signed a MOU with M1, Singaporean operator to implement smart waste management system in order to offer efficient cleaning and productivity. The evolution of Internet of Things and Smart Technology are certain factors accountable for the growth of the market over the forecast period. However, high initial cost   impedes the growth of the market over the forecast period of 2020-2026.

For instance, in 2018, SenRa,  announced partnership with a, SmartEnds (hardware design company) headquartered in Belgium for the development of  smart waste bin solution   to dispose, accurately monitor and accomplish trash collection.

Rising consumer and government concentration for adoption of innovative and effective waste management technologies, and growing investments in smart city initiatives are driving the growth of the smart waste management market. Various of the recognized companies in waste management solutions are gradually focusing on developing consumer-centric affordable solutions for this market.

The use of smart trashes or smart bins for collection of garbage material and waste monitoring system facilitates waste management specialists to manage waste material efficiently. The market involves processes such as collection of waste, recycling it or recuperating useful entities from it, processing it, and its efficient dumping.  Due to these rationales, municipalities, industrial bodies, and numerous other waste management corporations are opting for smart waste management methods.

Major market player included in this report are:

  • IBM Corporation
  • SAP SE
  • Waste Management, Inc.
  • Enevo OY
  • Bigbelly Solar, Inc.
  • Smartbin (OnePlus Systems Inc.)
  • Ecube Labs Co., Ltd.
  • Urbiótica, S.L
  • WavIoT
  • Pepperl+Fuchs

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution:

  • Asset Management
  • Analytics & Reporting
  • Optimization Solutions
  • Network Management
  • Others

By Service:

  • Professional Services
  • Managed Services

By Application:

  • Manufacturing and Industrial
  • Food and Retail
  • Municipalities
  • Construction
  • Healthcare
  • Colleges and Universities

By Region:

  • North America
  • S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Furthermore, years considered for the study are as follows:

  • Historical year – 2016, 2017, 2018
  • Base year – 2019
  • Forecast period – 2020 to 2026

Target Audience of the Global Smart Waste Management  Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

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Table of Content:

Chapter 1.       Executive Summary

1.1.      Market Snapshot

1.2.      Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)

1.2.1.   Smart Waste Management Market, by Region, 2018-2026 (USD Billion)

1.2.2.   Smart Waste Management Market, by Solution, 2018-2026 (USD Billion)

1.2.3.   Smart Waste Management Market, by Service, 2018-2026 (USD Billion)

1.2.4.   Smart Waste Management Market, by Application, 2018-2026 (USD Billion)

1.3.      Key Trends

1.4.      Estimation Methodology

1.5.      Research Assumption

Chapter 2.       Global Smart Waste Management Market Definition and Scope

2.1.      Objective of the Study

2.2.      Market Definition & Scope

2.2.1.   Scope of the Study

2.2.2.   Industry Evolution

2.3.      Years Considered for the Study

2.4.      Currency Conversion Rates

Chapter 3.       Global Smart Waste Management Market Dynamics

3.1.      Smart Waste Management Market Impact Analysis (2018-2026)

3.1.1.   Market Drivers

3.1.2.   Market Challenges

3.1.3.   Market Opportunities

Chapter 4.       Global Smart Waste Management Market Industry Analysis

4.1.      Porter’s 5 Force Model

4.1.1.   Bargaining Power of Suppliers

4.1.2.   Bargaining Power of Buyers

4.1.3.   Threat of New Entrants

 

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At 17% CAGR, Smart Waste Management Market Size Set to Register 20 million USD by 2024

Market Study Report LLC adds new research on Smart Waste Management market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Smart Waste Management market also includes an in-depth study of the industry competitive scenario.

According to this study, over the next five years the Smart Waste Management market will register a 17.0% CAGR in terms of revenue, the global market size will reach US$ 20 million by 2024, from US$ 8 million in 2019.

In particular, this report presents the global market share (sales and revenue) of key companies in Smart Waste Management business.

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The key manufacturers covered in this report:

  • Bigbelly Solar
  • OnePlus Systems
  • Compology
  • Enevo
  • SmartBin
  • Urbiotica
  • IoTsens

Smart Waste Management System market, which is designed to collect data and to deliver the data through wireless mesh network. Total approaches are used to validate the global Smart Waste Management System market size market and estimate the market size for manufacturers, regions segments, product segments and applications.

The market estimations in this report are based on the marketed sale price of Smart Waste Management System. The percentage splits, Market Share, and breakdowns of the product segments are derived on the basis of weightages assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Smart Waste Management System market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major players in the market are identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, Market Share (%)s, growth rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from and presented in this report.

According to the Smart Waste Management System market report, the industry is predicted to gain significant returns while recording a commendable yearly growth rate in the predicted time period. The report provides an outline of this industry and offers details related to the valuation that the market presently owns along with analysis of the Smart Waste Management System market as well as growth opportunities in the business vertical.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Waste Management market by product type, application, key manufacturers and key regions and countries. This study considers the Smart Waste Management value and volume generated from the sales of the following segments:

Segmentation by product type:

Hardware

Service

Segmentation by application:

Public Occasion

Non-Public Occasion

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives

To study and analyze the global Smart Waste Management consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Smart Waste Management market by identifying its various subsegments.

Focuses on the key global Smart Waste Management manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Smart Waste Management with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Smart Waste Management submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Smart Waste Management Consumption Market Report

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Smart Waste Management Consumption 2014-2024

2.1.2 Smart Waste Management Consumption CAGR by Region

2.2 Smart Waste Management Segment by Type

2.2.1 Hardware

2.2.2 Service

2.3 Smart Waste Management Consumption by Type

2.3.1 Global Smart Waste Management Consumption Market Share by Type (2014-2019)

2.3.2 Global Smart Waste Management Revenue and Market Share by Type (2014-2019)

2.3.3 Global Smart Waste Management Sale Price by Type (2014-2019)

2.4 Smart Waste Management Segment by Application

2.4.1 Public Occasion

2.4.2 Non-Public Occasion

2.5 Smart Waste Management Consumption by Application

2.5.1 Global Smart Waste Management Consumption Market Share by Application (2014-2019)

2.5.2 Global Smart Waste Management Value and Market Share by Application (2014-2019)

2.5.3 Global Smart Waste Management Sale Price by Application (2014-2019)

3 Global Smart Waste Management by Players

3.1 Global Smart Waste Management Sales Market Share by Players

3.1.1 Global Smart Waste Management Sales by Players (2017-2019)

3.1.2 Global Smart Waste Management Sales Market Share by Players (2017-2019)

3.2 Global Smart Waste Management Revenue Market Share by Players

3.2.1 Global Smart Waste Management Revenue by Players (2017-2019)

3.2.2 Global Smart Waste Management Revenue Market Share by Players (2017-2019)

3.3 Global Smart Waste Management Sale Price by Players

3.4 Global Smart Waste Management Manufacturing Base Distribution, Sales Area, Product Types by Players

4 Smart Waste Management by Regions

 

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Smart Waste Management Market 2020 Global Insights and Technology Advancement –              Enevo, Smartbin (Oneplus Systems Inc.), IBMCorporation, Bigbelly Inc

The Smart Waste Management Market was valued at USD 1.20 billion in 2017, and is expected to reach USD 3.14 billion by 2023, registering a CAGR of 17.4%, during the forecast period of 2018-2023. The report profiles the providers of smart management solutions and platforms that support technologies.

Global Smart Waste Management Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

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Market By Top Companies:

Enevo, Smartbin (Oneplus Systems Inc.), Ibm Corporation, Bigbelly Inc., Covanta Holding Corporation, Bin-E, Compology, Ecube Labs Co., Pepperl+Fuchs Gmbh, Veolia Environment Sa, Nebulae And Sensoneo

Smart waste management is an important aspect of smart city development (along with water management, energy management, traffic management, etc.), in order to improve the quality of life in urban areas. The increasing number of smart city initiatives across regions therefore supports the growth of the smart waste management market. The waste management industry involves various activities, such as collection, transportation, disposal, and recycling, which have been facing efficiency issues at different stages of waste management. Specifically, the high operational costs corresponding to collection and transport of waste are leading to an increasing adoption of smart waste management.

Industry Research Coverage

Smart Collection Expected to Contribute the Most

In the smart collection segment, the emergence of IoT has revolutionized and addressed operational costs, for the waste handling companies. The companies that offer smart solutions for waste collection primarily focus on three solutions – intelligent monitoring, route optimization, and analytics. By deploying sensors, network infrastructure, and data visualization platforms, waste management companies have been able to generate actionable insights, to take informed decisions. By using fill level sensors (sometimes also cameras) near the trash bins, companies have been able to plan the fleet trucks in accordance with the volume of trash in bins, thus reducing the unnecessary fleet fuel consumption and contributing to reduce carbon emissions in cities (by up to 60%, according to Senseno).

Municipalities of a few cities across the United States, United Arab Emirates, United Kingdom, etc., in collaboration with smart waste management innovators (such as Enevo, Smartbin, Bigbelly, etc.) are saving around 30% of waste collection costs. Due to the presence of commercially available technology providers, coupled with smart city initiatives, this segment is expected to record robust growth, during the forecast period.

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Notable Developments

-Jun 2017: Technology giant Cisco partnered with the Danish government, to deploy an IoT city digital platform, intended for intelligent waste monitoring. SmartBin, an innovator in the smart waste management market, deployed its sensors in a wide range of waste and recycling containers that are integrated with the city digital platform.

Major points covered in this research are:-

─Smart Waste Management Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers

─Global Market Size (Value) of Smart Waste Management (2020-2023)

─Global Smart Waste Management Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2023)

─Global Smart Waste Management Production, Revenue (Value), Price Trend by Type

─Global Smart Waste Management Market Analysis by Application

─Global Smart Waste Management Manufacturers Profiles/Analysis

─Smart Waste Management Manufacturing Cost Analysis

─Industrial Chain, Sourcing Strategy and Downstream Buyers

─Marketing Strategy Analysis, Distributors/Traders

─Market Effect Factors Analysis

─Global Smart Waste Management Market Forecast (2020-2023)

─Competitive Landscape

─Research Findings and Conclusion

Finally, this Smart Waste Management report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Smart Waste Management product development and gives an outline of the potential Global market.

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Smart Waste Management Market Latest Advancements, Developments and Future Scope 2020

Smart Waste Management

Smart Waste Management market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.

The smart waste management market was valued at USD 1.77 billion in 2019 and is expected to reach USD 6.52 billion by 2025, registering a CAGR of 25.68%, during the forecast period of 2020-2025.

The Smart Waste Management market is highly competitive and consists of a number of major players: Suez Environmental Services, Veolia Environmental Services, Enevo, Smartbin (OnePlus Systems Inc.), Bigbelly Inc., Covanta Holding Corporation, Evoeco, Pepperl+Fuchs GmbH, IBM Corporation, BIN-e and Others

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Scope of the Report

The smart waste management market covers the trends that are promoting the growth of technologies, such as sensors, RFID, GPS, cloud-based software solutions for effectively managing the waste (from collection to disposal) generated across residential and commercial sectors. The commercial sector includes waste generated from the food and beverages industry, pharmaceutical industries, healthcare industries, paper industries, electronics manufacturers, among others.

Key Market Trends

Smart Waste Collection Through IoT to Contribute to the Market Growth

– In the smart collection segment, the emergence of IoT has revolutionized and addressed operational costs, for the waste handling companies. The companies that offer smart solutions for waste collection primarily focus on three solutions – intelligent monitoring, route optimization, and analytics.
– By deploying sensors, network infrastructure, and data visualization platforms, waste management companies have been able to generate actionable insights, to make informed decisions.
– By using fill level sensors (sometimes also cameras) near the trash bins, companies have been able to plan the fleet trucks in accordance with the volume of trash in bins, thus reducing the unnecessary fleet fuel consumption and contributing to reducing carbon emissions in cities.
– Municipalities of a few cities across the United States, United Arab Emirates, United Kingdom, etc., in collaboration with smart waste management innovators (such as Enevo, Smartbin, Bigbelly, etc.) are saving around 30% of waste collection costs.
– Due to the presence of commercially available technology providers, coupled with smart city initiatives & decreasing cost of IoT sensor is pushing this market towards robust growth.

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North America to Account for the Largest Market Share

– North America comprises an increasing number of smart cities, and the existing ones are currently under development.
– Approximately 22% of cities in the United States and Canada have already been implementing strategic programs, compared to just 7% of cities, worldwide.
– The United States alone contributes the majority of the annual waste produced, at approximately 230 million metric ton of trash, the significant chunk of which is handled by private entities.
– Owing to government initiatives that promote sustainability, to achieve zero waste by 2020, and the penetration of smart city initiatives across the high urban concentration region, North America is expected to account for the lion’s share in the smart waste management market.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Smart Waste Management Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.

The research includes historic data from 2025 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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