Press release
Assessing the Evolving Landscape of the Global Smart Waste Management Market From 2024 to 2032
Allied Market Research has published a report on the global smart waste management market which indicates that the industry garnered $2.2 billion in 2023 and is estimated to reach $8.3 billion by 2032. The report provides a comprehensive analysis of the market, including revenue forecasts for the upcoming years, top segments, market drivers, restraints, and opportunities, as well as the competitive landscape and regional analysis. This report is a valuable resource for stakeholders, industry leaders, investors, and new entrants assisting them in developing strategies to secure a market position and achieve their business objectives.The report includes qualitative and quantitative analyses of market size and shares for historic and forecast periods. It details the research methodology, including primary and secondary data extraction methods. The report highlights key benefits for stakeholders, top investment opportunities, and winning strategies.
Download PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/A08740
The smart waste management industry is gaining prominence due to rapid infrastructure development and industrialization. However, fluctuating prices of raw materials hamper the market growth. Nevertheless, technological advancements in waste management will open new avenues for the market in the future.
Prominent trends in the market
Smart bins: The IoT is transforming the waste management industry. Smart bins, connected to a central system and equipped with sensors, are becoming more prevalent. These bins monitor their fill levels in real time, allowing waste collection services to optimize routes and minimize unnecessary pickups. This approach saves time and resources while also reducing carbon emissions from transportation.
Decentralized waste treatment: Decentralized waste treatment solutions are gaining popularity, particularly in rural and remote areas. These systems enable on-site treatment and conversion of waste into useful resources, reducing the reliance on long-distance transportation and central waste processing facilities.
Automation in recycling: Robotic systems are crucial in enhancing recycling processes. These robots identify and sort recyclable materials with exceptional accuracy and speed. By automating the sorting process, recycling facilities boost operational efficiency and minimize contamination in recycled materials.
Competitive analysis profiling the top entities
The study also examines the competitive landscape of the smart waste management market. It provides details on the strengths, product portfolios, market size and share analysis, business performance, and market positioning of key industry players. The report includes the strategic initiatives undertaken by these players to enhance their market presence, such as entering new agreements, exploring new business sectors, and implementing strategies like mergers and acquisitions, joint ventures, and product launches. The top entities profiled in the report are:
SUEZ Environmental Services
Sensoneo j. s. a.
Covanta Holding Corporation
Waste Management Inc.
Republic Services Inc.
Veolia Environnement S.A.
Ecube Labs Co Ltd
Bigbelly, Inc.
Enevo Oy
Full Report@ https://www.alliedmarketresearch.com/smart-waste-management-market-A08740
Research Methodology
The research utilizes both primary and secondary methods to gather data on various aspects of the industry. Primary market research involves collecting verified data directly from sources such as consumer interviews or surveys. Secondary market research involves compiling information from previously published sources, including reports from international organizations, business groups, government agencies, and research institutions.
Industry highlights
PepsiCo India teamed up with the Smile Foundation in October 2021 to launch a new initiative focused on plastic waste management, titled 'Waste No More'. The initiative seeks to establish behavioral change, educate the community and students on environmental preservation, and promote sustainability.
In June 2023, Republic Services, Inc. finalized its acquisition of GFL Environmental's operations in Colorado and New Mexico. This acquisition includes vertically integrated assets for recycling, collection, and disposal across four markets in Colorado-Denver, Colorado Springs, Durango, and Canon City-along with the Bloomfield market in New Mexico.
In conclusion, the industry report on smart waste management offers a comprehensive overview of the market and provides actionable insights and intelligence to help businesses gain a competitive edge. By incorporating the latest developments and trends, companies can strategically plan their operations and strengthen their market position.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry
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