Global Smart Waste Collection Technology Market Report By Deployment (Wireless Sensor Network And Software Platform), Application (Smart Cities, Commercial And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2017-2024
ID:VMR11210097
September 2018
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Growing level of waste from various end-use industries coupled with rising environmental concern is driving the market growth. Rising adoption of smart waste management in developed nations is further fueling the market growth. Also, rising governmental initiates and policies for greener cities and proper waste management is likely to generate high demand for the smart waste collection technology in forecasting period. Moreover, technological advancement for the development of the products for detection and disposal of the waste is further pushing the market growth uphill.

Latest report by Value Market Research expects the Global Smart Waste Collection Technology Market was valued at USD 70 million in 2017 and is likely to reach at USD 225 million by 2024.

WIRELESS SENSOR NETWORK LED THE DEPLOYMENT SEGMENT
In 2017, wireless sensor network dominated the deployment segment owing to better on-site waste handling and for transfer optimization of waste management is driving the market growth. Better monitoring, detection, and collection of waste by using WSN system to reduce human intervention and operational cost are further fueling the market growth.
 
SMART CITIES EMERGED AS THE LEADING APPLICATION SEGMENT
In 2017, smart cities dominated the application segment owing to growing urban population leading to rising demand for proper disposal of the waste management is driving the market growth. Various favorable government policies for the development of greener and smart cities are further boosting the market demand. Shift in focus towards innovative waste management solution is fueling the market growth.
 
NORTH AMERICA DOMINATED THE REGIONAL MARKET
North America led the market owing to rising investment in R&D for development of novel ways for waste management. Asia Pacific is experiencing fast growth owing to the high demand for renewable energy obtained from the conversion of waste-to-energy. Also, rising concern for better and efficient ways for waste management and the shortage of land is pushing the market growth uphill.
 
KEY PLAYERS OF THE MARKET
The prominent players of the smart waste collection technology market are Bigbelly Solar, Cognito Tech Solutions, Compology, Ecube Labs, Enevo, IoTsens, SmartBin, SmartUp Cities, System Level Solutions, Urbiotica, and WAVIoT.

As per this study, the Global Smart Waste Collection Technology Market was valued USD 70 MN (by revenue) in 2017 and is anticipated to reach USD 194.4 MN by 2024 with a CAGR of 16%.
 
Smart waste collection technology is used to detect and collect the waste for its proper disposal. The garbage bins used, are well equipped with IoT components such as integrated software packages, RFID (Radio Frequency Identification) disposal tags, smart sensors, cameras, etc. for efficient waste collection. This technology helps garbage-carrier truck drivers to update on real-time data of the level of waste in bins along with route optimization for waste collection.
 
Objectives of the Study:

  • Define and measure the global smart waste collection technology market
  • Revenue forecast of the global smart waste collection technology market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
Rising amount of waste generated from the residential, commercial and industrial sector is driving the market growth. Low operational cost along with rising adoption of smart waste management in developed nations is further fueling the market growth. Rising governmental initiates for green cities and proper waste management is likely to generate high demand for the smart waste collection technology market in the forecasting period.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of smart waste collection technology.
 
Market Segmentation
 
The broad smart waste collection technology market has been sub-grouped into deployment and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Deployment
  • Wireless Sensor Network
  • Software Platform
 
By Application
  • Smart Cities
  • Commercial
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for smart waste collection technology in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Smart Waste Collection Technology Market By Revenue (USD MN)
 
Europe Smart Waste Collection Technology Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the smart waste collection technology market include Bigbelly Solar, Cognito Tech Solutions, Compology, Ecube Labs, Enevo, IoTsens, SmartBin, SmartUp Cities, System Level Solutions, Urbiotica and WAVIoT. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1. INTRODUCTION

  • Introduction To Smart Waste Collection Technology
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Smart Waste Collection Technology Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. SMART WASTE COLLECTION TECHNOLOGY MARKET ANALYSIS BY DEPLOYMENT
  • Market In Wireless Sensor Network
  • Market In Software Platform
 
5. SMART WASTE COLLECTION TECHNOLOGY MARKET ANALYSIS BY APPLICATION
  • Market In Smart Cities
  • Market In Commercial
  • Market In Others
 
6. SMART WASTE COLLECTION TECHNOLOGY MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Rest Of North America Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
7. COMPETITIVE LANDSCAPE OF THE SMART WASTE COLLECTION TECHNOLOGY COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
8. COMPANY PROFILES OF THE SMART WASTE COLLECTION TECHNOLOGY INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Bigbelly Solar
  • Cognito Tech Solutions
  • Compology
  • Ecube Labs
  • Enevo
  • IoTsens
  • SmartBin
  • SmartUp Cities
  • System Level Solutions
  • Urbiotica
  • WAVIoT
 
* Tentative TOC
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Smart Waste Collection Technology
Table 2.  Global Smart Waste Collection Technology Market By Deployment
Table 3.  Global Smart Waste Collection Technology Market By Application
Table 4.  Global Smart Waste Collection Technology Market By Geography
Table 5.  North America Smart Waste Collection Technology Market
Table 6.  Europe Smart Waste Collection Technology Market
Table 7.  Asia Pacific Smart Waste Collection Technology Market
Table 8.  Latin America Smart Waste Collection Technology Market
Table 9.  Middle East And Africa Smart Waste Collection Technology Market 
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Smart Waste Collection Technology Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Smart Waste Collection Technology
Fig. 5.     Porter’s Five Forces Analysis
Fig. 6.     Value Chain Analysis
Fig. 7.     Global Smart Waste Collection Technology Market By Deployment
Fig. 8.     Global Smart Waste Collection Technology Market By Application
Fig. 9.     Global Smart Waste Collection Technology Market By Geography
Fig. 10.   North America Smart Waste Collection Technology Market
Fig. 11.   Europe Smart Waste Collection Technology Market
Fig. 12.   Asia Pacific Smart Waste Collection Technology Market
Fig. 13.   Latin America Smart Waste Collection Technology Market
Fig. 14.   Middle East And Africa Smart Waste Collection Technology Market
Fig. 15.   Market Share Of Smart Waste Collection Technology Companies
Fig. 16.   Recent Developments In Smart Waste Collection Technology Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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