Smart Waste Collection Market Scope
Waste collection is an essential city service yet existing waste management systems are resource-intensive, inefficient, and outdated. Smart waste management solutions use sensors placed in waste receptacles to measure fill levels and to notify city collection services when bins are ready to be emptied. Over time, historical data collected by sensors can be used to identify fill patterns, optimize driver routes and schedules, and reduce operational costs
The Smart Waste Collection market study is segmented by Type (IoT Based Project and RFID,GPS Based Project), by Application (Residential and Commercial) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Enevo (United States), Veolia Enviromental Services (France), Suez Enviromental Services (France), Pepperl+Funchs GmbH (Germany), Bigbelly Inc. (United States), Ecube Labs (South Korea), Bin-e (Poland), Covanta holding corporation (United States), Republic Services, Inc. (United States) and Waste Management, In (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Sensoneo (Slovakia) and IBM Corporation (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Smart Waste Collection market by Type, Application and Region.
On the basis of geography, the market of Smart Waste Collection has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 14 July 2021 Smart waste management solutions enable consumers to save money while also making trash pickup more technologically advanced. The OnePlus Corporation, for example, has come up with the OnePlus Metro to its product range. This product is an ultrasonic trash can sensor that is capable of informing the customers when a trash bin is full. Businesses in the smart trash collection industry are putting more and more efforts into constructing systems that allow customers to quickly check garbage container's capacity. These innovations are projected to support growth of smart waste collection market in the years to come
- Smart Waste Collection Through IoT
- Intelligent monitoring
- Route optimization and analytics
- Raise Public Awareness Of Utilizing Renewable Energy
- Improve Street Sanitation
- Encourage Recycling
- Collect And Analyze Area-Specific Data On Waste Volumes For Better Planning
- Increase Wifi Coverage With Their Function As A Free Public Wifi Hotspot
- High-Cost Expenses
- Sensor nodes used in the dustbins have limited memory size
- Initial Cost Is High Due To Expensive Smart Dustbins
- Maintenance Of Wireless Technologies
- The Training To Handle The System
Key Target AudienceNew Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Smart Waste Collection Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.