Market Overview

Global Smart Waste Management Market 2018-2022 | Advent of Smart Technologies to Drive Growth | Technavio

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The global smart waste management market is expected to post a CAGR of
close to 18% during the period 2018-2022, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global smart waste management market fro ...

Technavio has published a new market research report on the global smart waste management market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the improved
operational efficiency of waste management lifecycle. Smart waste
management improves the operational efficiency of the waste management
lifecycle. Smart waste management uses smart bins, which are equipped
with lasers to detect and eliminate bin overflow. For example, companies
such as Enevo have developed a software system that works in conjunction
with a sensor in the bin to communicate with the waste management
company and estimate the temperature inside the bin, the capacity of the
bin, and the need for emptying.

This market research report on the global
smart waste management market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the advent of smart technologies as
one of the key emerging trends in the global smart waste management
market:

Global smart waste management market: Advent of
smart technologies

There have been several advances in technologies such as advanced
driver-assistance systems, autonomous cars, Industrial Internet of
Things, AI infused hardware, and real-time and embedded systems. The
advent of such advanced technologies will improve the fleet data capture
process by introducing efficiency.

"For example, in 2017, companies such as Waste Management equipped
waste collection trucks with tablets and windshield-mounted drive
cameras and implemented a back-end routing software in the waste
collection process. The growing volume of data generated by from these
cameras and trackers can be used to optimize service delivery and track
driver performance. The use of such equipment provides real-time data to
improve the process awareness of drivers,"
says a senior analyst at
Technavio for research on water and waste management.

Global smart waste management market:
Segmentation analysis

This market research report segments the global smart waste management
market by application (collection, landfill, R&R, and processing) and
geographical regions (APAC, EMEA, and the Americas).

The collection segment held the largest market share in 2017, accounting
for nearly 62% of the market. This application segment is expected to
dominate the global market throughout the forecast period.

EMEA led the market in 2017 with a market share of nearly 38% of the
market share. The market share occupied by this region is anticipated to
decrease during 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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