Press release
Smart Waste & Recycling System Market to Witness Steady Expansion by 2027
Also, the adoption of smart bins, which are equipped with sensors to detect and eliminate overflow helps to improve the operational efficiency of the waste management system have accelerated the demand for smart waste & recycling system market, globally.
Read Report Overview at- https://www.transparencymarketresearch.com/smart-waste-recycling-system-market.html
Smart Waste & Recycling System Market Dynamics
Advent of advance technologies accelerates the growth of the smart waste & recycling system market. The advent of advanced technologies such as the internet of things and cloud platforms is positively impacting the global smart waste & recycling system market. The integration of advanced technologies in the waste management process provides real-time information which helps to improve process awareness and operational efficiency. Hence, the improvement of the operational efficiency of waste management systems with the integration of smart technologies is accelerating the smart waste & recycling system market.
Increasing smart city projects provides key growth opportunity to smart waste & recycling system market leaders.
The increasing investment for the development of smart cities by the governments of various countries has provided a key growth opportunity to the smart waste & recycling system market. For instance, the Ministry of Housing and Urban Affairs, Government of India, launched the smart city project in 2015. The government released total funds of US$ 29.5 billion (INR 2,01,981 crore) for 99 smart cities.
Download PDF Brochure- https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=70356
Commercial segment is expected to hold a major share of global smart waste & recycling system market
The commercial segment is expected to account for the largest market share in smart waste & recycling system owing to extensive adoption of touch-less garbage bins in clinics, corporate offices, hospitals, hotels, restaurants, retail shops, and other public places such as malls, airports, bus & metro stations, multiplexes, and restrooms. Moreover, the demand for touch-less waste bins from the residential sector is estimated to escalate in the upcoming years due to increasing awareness or popularity of automatic trash bins.
Asia Pacific market expected to expand at the highest CAGR in the global smart waste & recycling system market during the forecast period
The smart waste & recycling system market in Asia Pacific is expected to expand at the highest CAGR during the forecast period. India, China, Japan, and Australia are some of the key countries which drive the smart waste & recycling system market in this region. The generation of extensive municipal solid waste owing to the large population, and increasing environment factors has accelerated the need for smart waste & recycling systems.
Key players operating in the global smart waste & recycling system market:
Make an Enquiry Before Buying- https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=70356
The increasing adoption of acquisition strategy by smart waste & recycling system market leaders of various countries for increasing their market presence or footprints helps to accelerate the global smart waste & recycling system market. For instance:
In 2016, SmartBin, an Ireland based waste management solution providing company was acquired by OnePlus Systems Inc., a U.S. based company that provides intelligent monitoring solutions for the waste compactor industry.
In 2019, Alexander & Baldwin, a Honolulu based real estate company are installing Bigbelly solar-powered trash cans on their property.
Bigbelly, Inc.
Ausko Pte Ltd.
SmartBin
Enevo
Ecube Labs Co., Ltd.
More Trending Latest Reports by Transparency Market Research:
Artificial Intelligence Market- https://www.transparencymarketresearch.com/artificial-intelligence-market.html
Edge Computing Market- https://www.transparencymarketresearch.com/edge-computing-market.html
Managed Security Services Market- https://www.transparencymarketresearch.com/managed-security-services-market.html
Mobile Wallet Market- https://www.transparencymarketresearch.com/mobile-wallet.html
Smart Home Market- https://www.transparencymarketresearch.com/smart-homes-market.html
Enterprise Mobility Market- https://www.transparencymarketresearch.com/enterprise-mobility-market.html
Digital Experience Monitoring [DEM]
Market- https://www.transparencymarketresearch.com/digital-experience-monitoring-dem-market.html
Edutainment Market- https://www.transparencymarketresearch.com/edutainment-market.html
Sales Enablement Software Market- https://www.transparencymarketresearch.com/sales-enablement-software-market.html
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
About Transparency Market Research
Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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 & Recycling System Market to Witness Steady Expansion by 2027 here
News-ID: 2703343 • Views: …
More Releases from Transparency Market Research
Global Manufacturing Execution System (MES) Market to Surpass US$ 51.2 Bn by 203 …
The global Manufacturing Execution System (MES) market is set to experience robust expansion in the coming decade, reflecting the ongoing digital transformation across industries. Valued at US$ 16.9 billion in 2024, the MES market is projected to grow at a CAGR of 10.6% from 2025 to 2035, reaching approximately US$ 51.2 billion by 2035, according to the latest industry analysis.
Manufacturing Execution Systems (MES) are increasingly becoming the digital backbone of…
HVAC Chillers Market Outlook 2035: Energy-Efficient Cooling Systems Driving Stea …
The global HVAC chillers market is on a robust growth trajectory, powered by the world's increasing emphasis on energy efficiency, sustainability, and the modernization of infrastructure. According to recent market intelligence, the HVAC chillers industry, valued at US$ 13.5 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 5.0% between 2025 and 2035, reaching approximately US$ 23.2 billion by the end of 2035.
This upward…
Bridal Gowns Market to Reach US$ 24 Billion by 2035 Amid Shifting Fashion Trends …
The global bridal gowns market is experiencing steady growth as evolving consumer preferences, cultural diversification, and luxury fashion trends reshape the wedding apparel industry. Valued at US$ 15.6 billion in 2024, the market is projected to grow at a CAGR of 4.0% from 2025 to 2035, reaching US$ 24.0 billion by the end of 2035. The modern bride's pursuit of individuality, sustainability, and personalization is redefining the industry, with both…
Artificial Intelligence Chipset Market to Surpass US$ 847.4 Billion by 2035 as A …
The global artificial intelligence (AI) chipset market is entering a transformative phase as AI technologies become the backbone of next-generation computing, automation, and intelligent decision-making systems. Valued at US$ 58.4 billion in 2024, the market is forecast to expand at an exceptional CAGR of 24.8% from 2025 to 2035, reaching a remarkable US$ 847.4 billion by the end of 2035. The exponential rise of AI adoption across industries such as…
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…
