This “Smart Waste Management Market” report provides a thorough analysis of estimating market size and current trends of industry. The report evaluates the important characteristics of the market development status, upcoming opportunities, and growth rate. The research study diminishes the risks involved in making decisions as well as strategies for companies and individuals interested in the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry.
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Smart Waste Management Market Covers Manufacturers:
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.
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Some of the Key Questions Answered in this Report:
- Detailed Overview of Smart Waste Management Market will help deliver clients and businesses making strategies.
- Influencing growth factors that are thriving demand and latest trends running in the market.
- Smart Waste Management Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
- What trends, challenges and barriers will impact the development and sizing of the Global Smart Waste Management Market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Smart Waste Management Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the Smart Waste Management Market demand?
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.
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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Target Audience of Smart Waste Management Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Smart Waste Management Market Report:
- Analysing various perspectives of the Smart Waste Management market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Smart Waste Management market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Smart Waste Management market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Smart Waste Management market studied, during the forecast period
- The segments that are expected to dominate the Smart Waste Management market studied.
Detailed TOC of Smart Waste Management Market Report 2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s Five Force Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Industry Policies
4.5 Introduction to Market Drivers and Restraints
4.6 Market Drivers
4.6.1 Increasing Volumes Of Waste
4.6.2 Rising Adoption of Smart Cities
4.7 Market Restraints
4.7.1 High Costs of Implementation
4.8 Technology Snapshot
4.8.1 Technology Overview
4.8.2 Smart Waste Management Stages
188.8.131.52 Smart Collection
184.108.40.206 Smart Processing
220.127.116.11 Smart Energy Recovery
18.104.22.168 Smart Disposal
5 MARKET SEGMENTATION
5.1 By Solution
5.1.1 Fleet Management
5.1.2 Remote Monitoring
5.2 By Waste Type
5.2.1 Industrial Waste
5.2.2 Residential Waste
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Suez Environmental Services
6.1.2 Veolia Environmental Services
6.1.4 Smartbin (OnePlus Systems Inc.)
6.1.5 Bigbelly Inc.
6.1.6 Covanta Holding Corporation
6.1.8 Pepperl+Fuchs GmbH
6.1.9 IBM Corporation
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
Name: Ajay More
Phone: US +14242530807/ UK +44 20 3239 8187
Email: [email protected]
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