Smart Waste Management Market 2019-2025
発行: Orion Market Research Pvt Ltd
Global Smart Waste Management Market Size, Share & Trends Analysis Report by System (Smart Waste Bin Collection System, Smart Fleet Management & Logistic Solution, and Smart Waste Recycling System), By Application (Residential and Non-Residential), and Forecast 2019-2025
The global smart waste management market is projected to hold a significant CAGR during the forecast period. The primary factors that drive the growth of the market include rapidly changing lifestyle and rapid urbanization. Smart waste management includes the process of collection, transportation, and disposal of waste in a sustainable manner without harming the environment.There has been an increased use of smart bins for the management of waste effectively. However, the lack of sufficient connectivity may hamper the growth of the market during the forecast period.
The global smart waste management market is segmented on the basis of system and applications. Based on the system, the market is sectioned intothe smart waste bin collection system, smart fleet management & logistic solution, and smart waste recycling system. Smart waste bin collection systems segment is estimated to registers significant growth in the market. Based on the application, the market is segmented residential and non-residential, which includes commercial, industrial, municipal, and other wastes.The municipalities of a few cities across the US, United Arab Emirates, UK, and others in collaboration with smart waste management innovators such as Enevo, Smartbin, and Bigbellyare saving significant waste collection costs, and hence contributing significantly to the market growth.
Geographically, the study of the global smart waste management market report covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World. North America is estimated to hold a prominent share in the market owing to the presence of an increasing number of smart cities in the US. Further, Asia-Pacific is estimated to exhibit a significant growth rate in the global smart waste management market during the forecast period.
Moreover, the study of the global smart waste management market report covers the analysis of various players operating in the market. Some of the key players covered in the report includeBigbelly Inc., Building Research Establishment Ltd., Covanta Holding Corp., Ecube Labs Co. Ltd., IBM Corp., Pepperl+Fuchs GmbH, Republic Services Inc., SAP SE, SENSONEO, Smartbin, and SUEZ Group. These are the key companies providing various methods of waste management. New product launches and approvals, merger and acquisition, partnerships and collaborations, and many others are among the growth strategies adopted by these players to gain a competitive share in the overall smart waste management market.
The market study of the global smart waste management market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report is intended for waste managing, collection &recycling companies, software vendors, IoT companies, system integrators, investment companies, government organizations, municipal corporations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
The Report Covers: