DUBLIN, Mar. 09, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/7s8szl/global_smart) has announced the addition of the "Global Smart Waste Market 2015-2019" report to their offering.
The Global Smart Waste market to grow at a CAGR of 16.82% over the period 2014-2019
Smart waste management refers to the management of solid municipal waste from residential societies, streets, public places, commercial buildings, hospitals, and other institutions. It uses smart technologies such as an RFID disposal tag, sensor containers, and vacuum containers, which provide real-time fill measurement of solid municipal waste.
Smart containers contain sensors help authorities to manage solid waste collecting routes, which ultimately reduces fuel and service cost. Proper and efficient management of solid municipal waste can mitigate many problems related to pollution, climatic changes, and public health.
One key trend in this market is advances in technology in the waste management process. A wide range of waste management technologies have evolved in the fields of waste collection, transportation, and disposal, including landfilling, composting, recycling, and incineration.
According to the report, one of the major drivers in this market is the reduced cost of solid municipal waste collection by the use of smart waste technologies. These technologies use RFID and sensor-based containers to provide real-time easy-to-use web portal services for fill level measurement. They also assist in route planning for municipal waste operators, thereby reducing the logistics cost.
Further, the report states that one of the major challenges that the market faces is the increased volume and complexity of wastes. The complexity of the waste stream directly affects the complexity of its management. The mixing of hazardous wastes with general wastes increases the complexity. This puts pressure on waste management facilities, which are already facing short supply issues.
Key Vendors
- Covanta Energy
- Republic Services
- Suez Environment
- Veolia North America
- Waste Management
Other Prominent Vendors
- Bigbelly
- BRE SMARTWaste
- Enerkem
- Enevo
- Harvest Power
- RecycleSmart Solutions
- ROS ROCA's
For more information visit http://www.researchandmarkets.com/research/7s8szl/global_smart
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
