Global Smart Waste Market 2015-2019
About Smart Waste
Smart waste management refers to the management of solid municipal waste from residential societies, streets, public places, commercial buildings, hospitals, and other institutions. It uses smart technologies such as an RFID disposal tag, sensor containers, and vacuum containers, which provide real-time fill measurement of solid municipal waste. Smart containers contain sensors help authorities to manage solid waste collecting routes, which ultimately reduces fuel and service cost. Proper and efficient management of solid municipal waste can mitigate many problems related to pollution, climatic changes, and public health.
TechNavio's analysts forecast the Global Smart Waste market to grow at a CAGR of 16.82 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Global Smart Waste market for the period 2015-2019. The Global Smart Waste market is segmented on the basis of the following criteria: geography and services.
TechNavio's report, the Global Smart Waste Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Smart Waste market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Global Smart Waste Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Smart Waste Market: Covanta Energy Corp., Republic Services Inc., Suez Environment SA, Veolia North America and Waste Management Inc.
Other Prominent Vendors in the market are: Bigbelly, BRE SMARTWaste, Enerkem, Enevo, Harvest Power, RecycleSmart Solutions and Ros Roca.
Commenting on the report, an analyst from TechNavio’s team said: “One key trend in this market is advances in technology in the waste management process. A wide range of waste management technologies have evolved in the fields of waste collection, transportation, and disposal, including landfilling, composting, recycling, and incineration.”
According to the report, one of the major drivers in this market is the reduced cost of solid municipal waste collection by the use of smart waste technologies. These technologies use RFID and sensor-based containers to provide real-time easy-to-use web portal services for fill level measurement. They also assist in route planning for municipal waste operators, thereby reducing the logistics cost.
Further, the report states that one of the major challenges that the market faces is the increased volume and complexity of wastes. The complexity of the waste stream directly affects the complexity of its management. The mixing of hazardous wastes with general wastes increases the complexity. This puts pressure on waste management facilities, which are already facing short supply issues.
Covanta Energy, Republic Services, Suez Environment, Veolia North America, Waste Management , Bigbelly, BRE SMARTWaste, Enerkem, Enevo , Harvest Power, RecycleSmart Solutions, ROS ROCA's
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