Smart waste collection technology is used to detect and collect the waste for its proper disposal. Smart Waste Collection Technology Market Report has recently added by Value Market Research, this surveillance report establishing the facts based on current scenarios, historical records from 2020 to future forecast upto 2027.
The latest report by Value Market Research expects the Global Smart Waste Collection Technology Market was valued at USD 70 million in 2017 and is likely to reach at USD 225 million by 2024.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the smart waste collection technology market include Bigbelly Solar, Cognito Tech Solutions, Compology, Ecube Labs, Enevo, IoTsens, SmartBin, SmartUp Cities, System Level Solutions, Urbiotica and WAVIoT.
The broad smart waste collection technology market has been sub-grouped into deployment and application.
Rising amount of waste generated from the residential, commercial and industrial sector is driving the market growth. Low operational cost along with rising adoption of smart waste management in developed nations is further fueling the market growth. Rising governmental initiates for green cities and proper waste management is likely to generate high demand for the smart waste collection technology market in the forecasting period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of smart waste collection technology.
Source: https://www.valuemarketresearch.com/report/smart-waste-collection-technology-market
Nishtha Sarabhai after working for three years in a Bank switched to writing to balance her work and home. She is a mother of two beautiful kids. She enjoys writing on Aerospace, Science and new invcentions. She has been with VMR news since its inception.