Smart Waste Collection Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
For the purpose of this market researchreport, Smart Waste Collection is defined as the process of managing the city waste by placing sensors in the waste receptacles so local authorities can be informed when the bins are full and waste needs to be taken out. The data about waste collection can be recorded and used to predict the patterns of waste filling, quicker driving routes for transportation of waste and reduce the total operational costs. The use of Smart Waste Collection is increasing because of the decreasing cost of the sensors used. The implementation of Smart Waste Collection can help to keep cities cleaner.
Smart Waste Collection Market Growth and Trends
Smart Waste Collection Market Regional Analysis
Rising concerns of collective waste management from residential and commercial societies and places coupled with stringent environmental regulations are expected to spur demand for smart waste collection globally. The Asia Pacific regions are expected to dominate the market owing to various technological developments in the countries like India, South Korea, and China that contribute to focusing on waste management and maximizing renewable benefits of waste.
The North American region is also expected to propagate in the market with growing concern towards the environment and strict environmental regulations in the region by government and industries opting for multiple smart waste collection processes.
While Europe is estimated to expand its market with an efficient system of waste collection, recycling, and deposition, the Middle Easter and Africa are presumed to promulgate the idea of advanced infrastructure for smart waste management.
Smart Waste Collection Market Share and Competition
Key companies operating in this industry are: IBM Corporation, SAP, OnePlus Systems, Big Belly Solar, Veolia, Ecube Labs, RecycleSmart Solutions, Covanta Holding Corporation, Enevo Oy, Enerkem and Waste Management.
Smart Waste Collection Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Smart Waste Bin Collection System
• Smart Fleet Management & Logistic Solution
• Smart Waste Recycling System
• Cloud Computing (IoT) Interface
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Hospital
• Family
• Factory
• Public Building
• Other
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Smart Waste Collection Market Companies
• IBM Corporation
• SAP
• OnePlus Systems
• Big Belly Solar
• Veolia
• Ecube Labs
• RecycleSmart Solutions
• Covanta Holding Corporation
• Enevo Oy
• Enerkem
• Waste Management
Available Versions:-
United States Smart Waste Collection Market Research Report
Europe Smart Waste Collection Market Research Report
Asia Pacific Smart Waste Collection Market Research Report
India Smart Waste Collection Market Research Report
