Smart Waste Management Market to Reach $4.10 Bn, Globally, by 2027 at 15.1% CAGR

1. Smart Waste Management Market to Reach $4.10 Bn, Globally, by 2027 at 15.1% CAGR Rise in environmental awareness and strict regulations by countries from Europe and North America for sustainable waste management drive the growth of the global smart waste management market NEWS PROVIDED BY Allied Market Research Mar 17, 2021, 09:00 ET  PORTLAND, Ore., March 17, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Smart Waste Management Market by Waste Type (Solid, Special, and E-waste), Method (Smart Collection, Smart Processing, and Smart Disposal), and Source (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020–2027." According to the report, the global smart waste management industry generated $1.68 billion in 2019, and is projected to generate $4.10 billion by 2027, witnessing a CAGR of 15.1% from 2020 to 2027. Prime determinants of growth

2. Rise in environmental awareness, strict environmental regulations by countries from Europe and North America for sustainable waste management, and rapid urbanization & industrialization drive the growth of the global smart waste management market. However, high capital investments and lack of e?cient connectivity hinder the market growth. On the other hand, rise in smart city initiatives and technological advancements such as the internet of things (IoT) for waste collection present new opportunities in the coming years. Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/9105 Covid-19 Scenario Lockdown measures implemented in various countries postponed manufacturing activities of equipment and sensors needed for smart waste management for commercial, residential, and industrial waste collection and disposal. Governments of various countries and health governing authorities such as WHO and NHA released guidance and regulations regarding various aspects of smart waste management processes to lower down the spread of coronavirus through waste. However, the production, distribution, and procurement activities of equipment, devices, and tools for smart waste management began getting back on track during the post-lockdown period, which facilitates the collection and disposal processes. The solid waste segment to maintain its lead position during the forecast period Based on waste type, the solid waste segment held the highest market share, contributing to nearly three- ?fths of the global solid waste management market in 2019, and will maintain its lead position during the forecast period. This is due to focus on development of ?eet management services along with development of ?ll level sensors and near the trash bins to reduce the fuel cost. However, the e-waste segment is expected to witness the highest CAGR of 18.8% from 2020 to 2027, owing to implementation of advanced systems to manage huge amount of e-waste generated and changes in the government rules. Get detailed COVID-19 impact analysis on the Smart Waste Management Market: https://www.alliedmarketresearch.com/request-for-customization/9105

3. The residential segment to o?er lucrative opportunities Based on source, the residential segment contributed to the highest share in 2019, accounting for nearly half of the global smart waste management market, and is expected to maintain its leadership status during the forecast period. In addition, this segment is projected to witness the largest CAGR of 16.6% from 2020 to 2027. This is attributed to rapid industrialization and urbanization along with investments of governing bodies for handling and processing waste in the residential sector. The research also analyzes segments such as commercial and industrial. North America to maintain its dominant share by 2027 Based on region, North America accounted for the highest share in terms of revenue in 2019, contributing to nearly two-?fths of the global smart waste management market, and will maintain its dominant share by 2027. This is attributed to rise in smart city initiatives along with utilization of smart bins to manage waste materials e?ectively with the usage of IoT and cloud-based systems. However, Asia-Paci?c is expected to manifest the highest CAGR of 18.5% during the forecast period, owing to rise in infrastructure, increase in urban population, and surge in waste management reforms in emerging countries. Leading market players Covanta Holding Corporation SUEZ Environmental Services Republic Services Inc. Waste Management Inc. Sensoneo J.s.a. Bigbelly Inc. Urbiotica Ecube Labs Co. Ltd. Enevo Oy Interested in Procure Data? Visit: https://www.alliedmarketresearch.com/purchase-enquiry/9105

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5. Waste Sorting Robots Market - Global Opportunity Analysis and Industry Forecast, 2020-2027 About us: 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 con?rms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top o?cials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and o?ine research and discussion with knowledgeable professionals and analysts in the industry. Contact us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 SOURCE Allied Market Research