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Global Smart Waste Management Market: By Waste Type: Solid Waste, Special Waste, E-Waste; By Method: Smart Collection, Smart Processing, Smart Disposal; By Source: Residential, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Smart Waste Management Market Outlook

The global smart waste management market attained a value of about USD 2.2 billion in 2021. The market is further expected to grow at a CAGR of 10.87% during the forecast period of 2022-2027 to reach nearly USD 4.3 billion by 2027.

 

The Advent of AI is Pushing the Market Growth of Smart Waste Management

The global market for smart waste management is being driven by the advent of advanced digital technologies like Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT). Artificial Intelligence is substantially contributing to the development of smart waste management systems. Smart bins that drive on Internet of Things (IoT) technology aid in optimising garbage collection, along with machine learning (ML) which is further used to identify, categorise, and sort waste immediately after it is thrown away.

 

Global Smart Waste Management Market

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Furthermore, owing to the ubiquity of smartphones and internet accessibility, the process of smart waste management is further augmenting the process of smart waste management. Moreover, as a result of AI, ML, robotics, IoT, and other innovative technologies have allowed municipal authorities to minimise manual labour, cut costs, and maximise efficiency. Moreover, with rising concerns regarding sustainability, the process of waste management and recycling is becoming an utmost priority, thereby promoting the adoption of smart waste management and bolstering the market growth.

 

Smart Waste Management: Market Segmentation

Smart waste management refers to a concept that utilises digital technology like AI, ML, and IoT to manage solid waste disposal.

On the basis of waste type, the market can be divided into:

  • Solid Waste
  • Special Waste
  • E-Waste

Based on method, the market can be segmented into:

  • Smart Collection
  • Smart Processing
  • Smart Disposal

The market, based on source, can be categorised into:

  • Residential
  • Commercial
  • Industrial

The EMR report looks into the regional markets of smart waste management like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

The Development of Smart Cities to Augment the Growth of the Market in the Coming Years

The growth in the global market for smart waste management can be associated with the development of smart cities. Smart cities are software-driven infrastructures in which day-to-day operations are computerised using technologies like AI and IoT. With rapid urbanisation and industrialisation, investments in infrastructural projects are contributing to the development of smart cities. Smart bins powered through IoT technology are deployed to effectively differentiate between different kinds of wastes with the help of sensors.

Furthermore, improvements in technology and product design to incorporate features, such as weight management and improved logistics, are expected to bolster the market growth of smart waste management systems in the coming years. Moreover, robust investments into progressive technologies, smart infrastructures, and waste management systems are boosting the market growth.

 

Key Industry Players in the Global Smart Waste Management Market

The report presents a detailed analysis of the following key players in the global Smart waste management market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • Covanta Holding Corporation
  • Veolia Environnement S.A.
  • Republic Services, Inc.
  • Sensoneo j.s.a.
  • BigBelly, Inc.
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Waste Type, Method, Source, Region
Breakup by Waste Type Solid Waste, Special Waste, E-Waste
Breakup by Method Smart Collection, Smart Processing, Smart Disposal
Breakup by Source Residential, Commercial, Industrial
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Covanta Holding Corporation, Veolia Environnement S.A., Republic Services, Inc., Sensoneo j.s.a., BigBelly, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Smart Waste Management Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Smart Waste Management Historical Market (2017-2021) 
    8.3    Global Smart Waste Management Market Forecast (2022-2027)
    8.4    Global Smart Waste Management Market by Waste Type
        8.4.1    Solid Waste
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Special Waste
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    E-Waste
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Smart Waste Management Market by Method
        8.5.1    Smart Collection
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Smart Processing
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Smart Disposal
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    8.6    Global Smart Waste Management Market by Source
        8.6.1    Residential
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Commercial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
    8.7    Global Smart Waste Management Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Covanta Holding Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Veolia Environnement S.A.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Republic Services, Inc.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Sensoneo j.s.a.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    BigBelly, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Smart Waste Management Market: Key Industry Highlights, 2017 and 2027
2.    Global Smart Waste Management Historical Market: Breakup by Waste Type (USD Billion), 2017-2021
3.    Global Smart Waste Management Market Forecast: Breakup by Waste Type (USD Billion), 2022-2027
4.    Global Smart Waste Management Historical Market: Breakup by Method (USD Billion), 2017-2021
5.    Global Smart Waste Management Market Forecast: Breakup by Method (USD Billion), 2022-2027
6.    Global Smart Waste Management Historical Market: Breakup by Source (USD Billion), 2017-2021
7.    Global Smart Waste Management Market Forecast: Breakup by Source (USD Billion), 2022-2027
8.    Global Smart Waste Management Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Smart Waste Management Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Smart Waste Management Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Smart Waste Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Smart Waste Management Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Smart Waste Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Smart Waste Management Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Smart Waste Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Smart Waste Management Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Smart Waste Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Smart Waste Management Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Smart Waste Management Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Smart Waste Management Market Structure

Key Questions Answered in the Report

The global smart waste management market attained a value of nearly USD 2.2 billion in 2021.

The market is projected to grow at a CAGR of 10.87% in the forecast period of 2022-2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 4.3 billion by 2027.

The market is being driven by the advent of advanced digital technology like AI, IoT, and ML, that utilises computerised programmes to manage, recycle, and dispose solid wastes.

The market growth can be associated with the development of smart cities in major economies where smart bins are deployed to effectively manage waste disposal.

The major regional markets for smart waste management are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The waste types of smart waste management are solid waste, special waste, and e-waste.

The different methods of smart waste management are smart collection, smart processing, and smart disposal.

The major sources of smart waste management are residential, commercial, and industrial.

The major players in the industry are Covanta Holding Corporation, Veolia Environnement S.A., Republic Services, Inc., Sensoneo j.s.a., and BigBelly, Inc., among others.

Analyst Review

The global smart waste management market attained a value of about USD 2.2 billion in 2021, driven by the advent of advanced digital technology. Aided by the development of smart cities, the market is expected to grow at a CAGR of 10.87% in the forecast period of 2022-2027 to reach nearly USD 4.3 billion by 2027.

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. On the basis of waste type, the market can be divided into solid waste, special waste, and e-waste. Based on method, the market can be categorised into smart collection, smart processing, and smart disposal. The market, based on source, can be segmented into residential, commercial, and industrial. The major regional markets for smart waste management are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are Covanta Holding Corporation, Veolia Environnement S.A., Republic Services, Inc., Sensoneo j.s.a., and BigBelly, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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