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Smart Waste & Recycling System Market Introduction

  • A smart waste & recycling system is a sensor integrated waste and recycling station which has a feature to communicate real-time status with a collection crew. The station is integrated with a web or cloud-based platform to deliver real-time insights to waste management companies.
  • 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.

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.

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:        

  • 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.

Figure: Global smart waste & recycling system market, by competitive landscape

smart waste & recycling system market

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Global smart waste & recycling system market: research scope

Smart waste & recycling system market, by application

  • Commercial
  • Residential

Figure: Global smart waste & recycling system market, by application

smart waste & recycling system market 1

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Global smart waste & recycling system market, by region

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Figure: Global smart waste & recycling system market, by region

smart waste & recycling system market 2


This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Smart Waste Recycling System Market

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