Press release
Smart Waste Collection Market Size, Revenue, Trend, Future Demand and Forecast till 2027
The global smart waste collection market is anticipated to reach value of US$ 4.5 Bn by 2027. The smart waste collection market is projected to expand at a CAGR of ~7% from 2019 to 2027 in terms of revenue. Growth of the smart waste collection market can be attributed to the adoption of the IoT technology encouraged by governments for smart waste collection in smart cities, which has triggered growth of the market globally. Over the forecast period, North America is anticipated to emerge as the leading smart waste collection market, followed by Europe and Asia Pacific.
Government Trend of Smart Waste Collection in Smart Cities with Adoption of IoT Technology
Rising government initiatives, strict regulations, and large- scale investments with the emergence of IoT has revolutionized and addressed operational costs for smart waste collection systems and their management across smart cities worldwide. In addition, increasing adoption of IoT technology that connects a range of smart sensors and devices to monitor and automate city waste management operations is positively impacting the smart waste collection market across the globe.
Furthermore, sensor-based technologies are the key to develop and implement smart solutions in waste collection and management. In smart cities, governments are investing in advanced solutions, which include navigation systems, tracking sensors, smart vehicles, and smart bins, so as to improve the solid waste management process. Increasing adoption of IoT based sensors is improving the waste collection process, which in turn is expected to drive the smart waste collection market over the forecast period.
Get Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures): https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=72564
Smart Waste Collection: Market Segmentation
The global smart waste collection market has been segmented in terms of component, system, utility type, and region. Based on component, the smart waste collection market has been classified into hardware and software. Among utility types, the public utility segment dominated the global smart waste collection market in 2018. Based on system, the smart waste collection market has been categorized into smart waste bin collection system, smart fleet management & logistic solution, smart waste recycling system, and cloud computing (IoT) interface.
Smart Waste Collection Market: Regional Outlook
In terms of region, the global smart waste collection market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the smart waste collection market during the forecast period. The U.S. is estimated to hold a notable share of the market in North America and the market in the country is projected to expand at a CAGR of 8.1% during the forecast period, due to increasing adoption of smart waste collection systems in the country. Asia Pacific led the global smart waste collection market, accounting for a substantial share in 2019, with China, India, and Japan being the major markets in the region. The smart waste collection market in Europe, Middle East & Africa, and South America is also projected to increase moderately over the forecast period.
The report provides in-depth segment analysis of the global smart waste collection market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the smart waste collection market.
Smart Waste Collection Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global smart waste collection market. Key players profiled in the report include Big Belly Solar, Inc., Veolia, Ecube Labs Co., Ltd, IBM Corporation, SAP SE, OnePlus Systems, Inc., RecycleSmart Solutions, Covanta Holding Corporation, Enevo Oy, Enerkem Inc. and Waste Management, Inc.
Request For Covid19 Impact Analysis Across Industries And Markets - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=72564
Global Smart Waste Collection Market: Segmentation
Smart Waste Collection Market, by Component
Hardware
Software
Smart Waste Collection Market, by System
Smart Waste Bin Collection System
Smart Fleet Management & Logistic Solution
Smart Waste Recycling System
Cloud Computing (IoT) Interface
Smart Waste Collection Market, by Utility Type
Public
Private
Smart Waste Collection Market, by Region
North America
Europe
Asia Pacific
Middle East & Africa
South America
Customization of the Report: This report can be customized as per your needs for additional data or countries. - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=72564
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Waste Collection Market Size, Revenue, Trend, Future Demand and Forecast till 2027 here
News-ID: 2043097 • Views: …
More Releases from Transparecy Market Research
Agriculture Lighting Market estimated to be valued at USD 5.4 Billion by 2031
The latest research study released by Transparency Market Research on "Agriculture Lighting Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses.
Agriculture Lighting market is estimated to attain a valuation of US$ 5.4 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 16.8% during…
Pickup Truck Market to Surpass USD 950 Billion by 2030 | Transparency Market Res …
The global Pickup Truck market is estimated to attain a valuation of US$ 950 Bn by the end of 2030, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 2% during the forecast period, 2020-2030.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Pickup…
Top Players in Emulsified Fuel:Projections and Future Opportunities Recorded for …
Emulsified Fuel Market: Introduction
• Emulsified fuel is a mixture of surfactant and water in fuel oil. It is used to run boilers and engines (cars, heavy machinery, etc.). When burned, the calorific value of emulsified fuel does not decrease because of the presence of water. This is a key characteristic of emulsified fuel. Furthermore, emulsified fuel offers several benefits. For instance, it curbs emissions of harmful substances, optimizes combustion efficiency, and…
What is the market size and growth rate of the Silicon Oxide Coated Barrier Film …
Silicon Oxide Coated Barrier Films- Market Overview
Increasing preference for products having longer shelf life and ready to consume products is fuelling the demand for better packaging solutions. Barrier films are used to prevent the inside contents of the products from changing taste, aroma, and quality. Different packaging films are being used in packaging of various products such as food & beverages, pharmaceuticals etc. Silicon oxide coated barrier film is the…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
