The Smart Waste Collection Market is expected to register a CAGR of 15.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Smart Waste Collection market is segmented by system into Smart Waste Bin Collection Systems, Smart Fleet Management and Logistic Solutions, Smart Waste Recycling Systems, and Cloud Computing Interfaces. The market is further segmented by waste type into Industrial and Residential Waste. The market evaluation is presented in USD for these segments, with a regional analysis of key countries.
Purpose of the ReportThe report Smart Waste Collection Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Smart Waste Collection Market Segmentation
System- Smart Waste Bin Collection System
- Smart Fleet Management and Logistic Solution
- Smart Waste Recycling System
- Cloud Computing Interface
- Industrial Waste
- Residential Waste
Strategic Insights
Smart Waste Collection Market Growth Drivers- Urbanization and Industrialization: The exponential increase in urban waste due to rising urbanization and industrialization is driving the demand for better waste management solutions, fueling the growth of the smart waste collection market.
- Government Regulations and Environmental Awareness: Stricter pollution standards and growing awareness about environmental issues are encouraging the adoption of smart waste collection systems, supporting the push towards more sustainable cities.
- IoT and Advanced Analytics: The integration of IoT and advanced analytics enables real-time monitoring, optimizing waste collection routes and ensuring predictive maintenance, leading to cost savings and enhanced operational efficiency.
- AI and Machine Learning for Optimization: The integration of AI and machine learning in predictive analytics will enable optimized waste collection routes and resource allocation, driving efficiency and reducing costs.
- Blockchain for Transparency and Security: Blockchain technology will enhance transparency, security, and traceability in waste management operations, further improving accountability in the industry.
- Self-Driving Vehicles and Drones: The adoption of self-driving vehicles and drones for waste collection will lead to significant labor cost reductions and more efficient waste management processes.
- Environmental Sustainability: The use of smart waste collection solutions contributes to better environmental sustainability by reducing operational costs, fuel consumption, and carbon emissions, aligning with global sustainability goals.
- Government and Community Support: Governments and communities are increasingly focused on sustainable development, creating growth and investment potential for innovative smart waste collection solutions that address urban waste challenges.
- Significant Growth Potential: With the rising need for effective waste management solutions in urbanized and industrialized regions, the Smart Waste Collection market is positioned for significant growth and expansion in the coming years.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Smart Waste Collection Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Smart Waste Collection Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The leading players of the market are: Bigbelly, Inc., BIN-e, Covanta Holding Corporation, Ecube Labs Co., Ltd., Enerkem, Enevo, OnePlus Systems, Inc., Sensoneo, Suez, Veolia
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Predictive analytics capabilities would advance by leaps and bounds, and hence the routes and resource allocation for waste collection can be optimized. Integration of blockchain to Smart Waste Collection - Blockchain can be integrated for the maximum transparency, security, and traceability of the transactions in the processes of waste management. Other key innovations are driverless cars and drones that will soon change the face of waste collection by saving labor costs and efficiency improvement. The cities competing in the perception of more sustainable life will need smart waste solutions with circular economy principles. Thirdly, sources of renewable energy in the form of solar power will be integrated in smart waste collection to deliver environmental sustainability as well as cut down the cost of operation. By embracing these emerging trends, the Smart Waste Collection market will play a very important role in developing smarter, cleaner, and more sustainable cities. The wide opportunity base is represented by the Smart Waste Collection market.
Smart Waste Collection Market Market is expected to grow at a CAGR of 15.5% between 2023-2031
Market Drivers Smart Waste Collection market is driven by several factors. With the rising pace of urbanization and industrialization, the generation of waste increases. Therefore, there is an immense requirement for an efficient waste management solution. Governments in all countries are framing rigorous regulations to adopt sustainability practices and reduce pollution. Moreover, with the increasing awareness about environmental concerns and how smart cities need efficient technologies, adoption of advanced technologies in the Smart Waste Collection market is fueled. IoT amalgamated with advanced analytics will be one of the driving factors fueling the market for tremendous growth. The future for Smart Waste Collection is great with tremendous progress in the coming years.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Waste Collection Market - By System
1.3.2 Smart Waste Collection Market - By Waste Type
1.3.3 Smart Waste Collection Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMART WASTE COLLECTION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SMART WASTE COLLECTION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SMART WASTE COLLECTION MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART WASTE COLLECTION - GLOBAL MARKET OVERVIEW
6.2. SMART WASTE COLLECTION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SMART WASTE COLLECTION MARKET - REVENUE AND FORECASTS TO 2028 – SYSTEM
7.1. OVERVIEW
7.2. SYSTEM MARKET FORECASTS AND ANALYSIS
7.3. SMART WASTE BIN COLLECTION SYSTEM
7.3.1. Overview
7.3.2. Smart Waste Bin Collection System Market Forecast and Analysis
7.4. SMART FLEET MANAGEMENT AND LOGISTIC SOLUTION
7.4.1. Overview
7.4.2. Smart Fleet Management and Logistic Solution Market Forecast and Analysis
7.5. SMART WASTE RECYCLING SYSTEM
7.5.1. Overview
7.5.2. Smart Waste Recycling System Market Forecast and Analysis
7.6. CLOUD COMPUTING ( IOT) INTERFACE
7.6.1. Overview
7.6.2. Cloud Computing ( IoT) Interface Market Forecast and Analysis
8. SMART WASTE COLLECTION MARKET - REVENUE AND FORECASTS TO 2028 – WASTE TYPE
8.1. OVERVIEW
8.2. WASTE TYPE MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL WASTE
8.3.1. Overview
8.3.2. Industrial Waste Market Forecast and Analysis
8.4. RESIDENTIAL WASTE
8.4.1. Overview
8.4.2. Residential Waste Market Forecast and Analysis
9. SMART WASTE COLLECTION MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Smart Waste Collection Market Overview
9.1.2 North America Smart Waste Collection Market Forecasts and Analysis
9.1.3 North America Smart Waste Collection Market Forecasts and Analysis - By System
9.1.4 North America Smart Waste Collection Market Forecasts and Analysis - By Waste Type
9.1.5 North America Smart Waste Collection Market Forecasts and Analysis - By Countries
9.1.5.1 United States Smart Waste Collection Market
9.1.5.1.1 United States Smart Waste Collection Market by System
9.1.5.1.2 United States Smart Waste Collection Market by Waste Type
9.1.5.2 Canada Smart Waste Collection Market
9.1.5.2.1 Canada Smart Waste Collection Market by System
9.1.5.2.2 Canada Smart Waste Collection Market by Waste Type
9.1.5.3 Mexico Smart Waste Collection Market
9.1.5.3.1 Mexico Smart Waste Collection Market by System
9.1.5.3.2 Mexico Smart Waste Collection Market by Waste Type
9.2. EUROPE
9.2.1 Europe Smart Waste Collection Market Overview
9.2.2 Europe Smart Waste Collection Market Forecasts and Analysis
9.2.3 Europe Smart Waste Collection Market Forecasts and Analysis - By System
9.2.4 Europe Smart Waste Collection Market Forecasts and Analysis - By Waste Type
9.2.5 Europe Smart Waste Collection Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Smart Waste Collection Market
9.2.5.1.1 Germany Smart Waste Collection Market by System
9.2.5.1.2 Germany Smart Waste Collection Market by Waste Type
9.2.5.2 France Smart Waste Collection Market
9.2.5.2.1 France Smart Waste Collection Market by System
9.2.5.2.2 France Smart Waste Collection Market by Waste Type
9.2.5.3 Italy Smart Waste Collection Market
9.2.5.3.1 Italy Smart Waste Collection Market by System
9.2.5.3.2 Italy Smart Waste Collection Market by Waste Type
9.2.5.4 United Kingdom Smart Waste Collection Market
9.2.5.4.1 United Kingdom Smart Waste Collection Market by System
9.2.5.4.2 United Kingdom Smart Waste Collection Market by Waste Type
9.2.5.5 Russia Smart Waste Collection Market
9.2.5.5.1 Russia Smart Waste Collection Market by System
9.2.5.5.2 Russia Smart Waste Collection Market by Waste Type
9.2.5.6 Rest of Europe Smart Waste Collection Market
9.2.5.6.1 Rest of Europe Smart Waste Collection Market by System
9.2.5.6.2 Rest of Europe Smart Waste Collection Market by Waste Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Smart Waste Collection Market Overview
9.3.2 Asia-Pacific Smart Waste Collection Market Forecasts and Analysis
9.3.3 Asia-Pacific Smart Waste Collection Market Forecasts and Analysis - By System
9.3.4 Asia-Pacific Smart Waste Collection Market Forecasts and Analysis - By Waste Type
9.3.5 Asia-Pacific Smart Waste Collection Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Smart Waste Collection Market
9.3.5.1.1 Australia Smart Waste Collection Market by System
9.3.5.1.2 Australia Smart Waste Collection Market by Waste Type
9.3.5.2 China Smart Waste Collection Market
9.3.5.2.1 China Smart Waste Collection Market by System
9.3.5.2.2 China Smart Waste Collection Market by Waste Type
9.3.5.3 India Smart Waste Collection Market
9.3.5.3.1 India Smart Waste Collection Market by System
9.3.5.3.2 India Smart Waste Collection Market by Waste Type
9.3.5.4 Japan Smart Waste Collection Market
9.3.5.4.1 Japan Smart Waste Collection Market by System
9.3.5.4.2 Japan Smart Waste Collection Market by Waste Type
9.3.5.5 South Korea Smart Waste Collection Market
9.3.5.5.1 South Korea Smart Waste Collection Market by System
9.3.5.5.2 South Korea Smart Waste Collection Market by Waste Type
9.3.5.6 Rest of Asia-Pacific Smart Waste Collection Market
9.3.5.6.1 Rest of Asia-Pacific Smart Waste Collection Market by System
9.3.5.6.2 Rest of Asia-Pacific Smart Waste Collection Market by Waste Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Smart Waste Collection Market Overview
9.4.2 Middle East and Africa Smart Waste Collection Market Forecasts and Analysis
9.4.3 Middle East and Africa Smart Waste Collection Market Forecasts and Analysis - By System
9.4.4 Middle East and Africa Smart Waste Collection Market Forecasts and Analysis - By Waste Type
9.4.5 Middle East and Africa Smart Waste Collection Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Smart Waste Collection Market
9.4.5.1.1 South Africa Smart Waste Collection Market by System
9.4.5.1.2 South Africa Smart Waste Collection Market by Waste Type
9.4.5.2 Saudi Arabia Smart Waste Collection Market
9.4.5.2.1 Saudi Arabia Smart Waste Collection Market by System
9.4.5.2.2 Saudi Arabia Smart Waste Collection Market by Waste Type
9.4.5.3 U.A.E Smart Waste Collection Market
9.4.5.3.1 U.A.E Smart Waste Collection Market by System
9.4.5.3.2 U.A.E Smart Waste Collection Market by Waste Type
9.4.5.4 Rest of Middle East and Africa Smart Waste Collection Market
9.4.5.4.1 Rest of Middle East and Africa Smart Waste Collection Market by System
9.4.5.4.2 Rest of Middle East and Africa Smart Waste Collection Market by Waste Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Smart Waste Collection Market Overview
9.5.2 South and Central America Smart Waste Collection Market Forecasts and Analysis
9.5.3 South and Central America Smart Waste Collection Market Forecasts and Analysis - By System
9.5.4 South and Central America Smart Waste Collection Market Forecasts and Analysis - By Waste Type
9.5.5 South and Central America Smart Waste Collection Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Smart Waste Collection Market
9.5.5.1.1 Brazil Smart Waste Collection Market by System
9.5.5.1.2 Brazil Smart Waste Collection Market by Waste Type
9.5.5.2 Argentina Smart Waste Collection Market
9.5.5.2.1 Argentina Smart Waste Collection Market by System
9.5.5.2.2 Argentina Smart Waste Collection Market by Waste Type
9.5.5.3 Rest of South and Central America Smart Waste Collection Market
9.5.5.3.1 Rest of South and Central America Smart Waste Collection Market by System
9.5.5.3.2 Rest of South and Central America Smart Waste Collection Market by Waste Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SMART WASTE COLLECTION MARKET, KEY COMPANY PROFILES
11.1. BIGBELLY, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BIN-E
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COVANTA HOLDING CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ECUBE LABS CO., LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ENERKEM
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ENEVO
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ONEPLUS SYSTEMS, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SENSONEO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUEZ
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VEOLIA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Bigbelly, Inc.
2. BIN-e
3. Covanta Holding Corporation
4. Ecube Labs Co., Ltd.
5. Enerkem
6. Enevo
7. OnePlus Systems, Inc.
8. Sensoneo
9. Suez
10. Veolia
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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