Global Smart Waste Management (SWM) Market Research Report 2022: Utilization of Smart Sensors and Real-time Monitoring Software Platforms to Enhance Waste Asset Management

DUBLIN, Feb. 2, 2023 /PRNewswire/ -- The "Technological Advancements Enabling Smart Waste Management (SWM)" report has been added to  ResearchAndMarkets.com's offering.

This study covers the following topics:

• Overview of SWM and current trends, along with factors driving the development and adoption of SWM technologies
• Major innovations and R&D activities in the utilization of SWM technologies
• Successful case studies based on the utilization of SWM technologies
• Patent landscape and growth opportunities enabling SWM technologies

The World Bank estimates that rapid population growth and urbanization have resulted in a global average waste generation of about 0.79 kilograms per citizen per day as of 2022.

It predicts a direct relationship between waste generation and income levels and projects the daily per capita waste generation in high-income countries to increase by 19.0% by 2050 when compared to 2020 levels. Waste generation levels in developing and emerging economies are comparatively lower.

However, the waste generation rate in these economies is estimated to increase by 40.0% by 2050 when compared to 2020 levels. The steady growth trajectory of waste generation will have detrimental implications on the environment, human health, and prosperity; therefore, it is necessary to improve waste collection and recycling rates to reduce the negative impact while extracting more valuable resources from waste to enable a circular economy.

The most efficient way of handling the growing waste problem is the adoption of SWM technologies that offer data intelligence and real-time insights into waste generation patterns.

This enables waste operators to improve decision-making regarding waste collection operations, ultimately increasing collection and recycling rates. SWM technologies include the use of sensors, IoT, and robots to enable a smooth transition for cities to adopt data-driven waste collection, sorting, and recycling.

Key Topics Covered:

1 Strategic Imperatives

• Why Is It Increasingly Difficult to Grow?
• Factors Creating Pressure on Growth
• The Strategic Imperative 
• The Impact of the Top 3 Strategic Imperatives on the Smart Waste Management (SWM) Industry
• Growth Opportunities Fuel the Growth Pipeline Engine
• Research Methodology

2 Growth Opportunity Analysis

• Scope of Analysis
• Segmentation
• Growth Drivers
• Growth Restraints

3 Technology Snapshot

• Global Population Growth Along with the Subsequent Increase in Waste Generation Mandates the Deployment of Affordable SWM Solutions
• SWM - Overview and Benefits to Achieve Sustainability
• Digitalized and Intelligent Waste Management Value Chain
• Use of Smart Sensors and Compactors Integrated with Route Optimization Enhances Waste Collection Efficiency
• Technologies Associated with SWM Aiding Smart Collection
• Route Optimization Reduces Waste Collection Time and Improves Services
• Sorting Sensors and Robots Integrated with Cloud-based Platforms Enhance Smart Waste Classification
• Integration of IoT-based Technologies Enhances Overall Efficiency of Waste Management
• Sensors Used in SWM for Real-time Monitoring of Waste Collection and Classification
• Successful Case Studies - San Francisco is Deploying Smart Sensors for City-level based Waste Sorting
• Successful Case Studies - Seoul City in South Korea is Integrating Smart Sensors with Compactors to Increase Waste Collection Efficiency
• Successful Case Studies - Amsterdam is Adopting Image Recognition Systems to Optimize Waste Collection
• SWM Will be Critical to Achieving UN Sustainable Development Goals

4 Innovation Ecosystem - Companies to Watch

• Utilization of Smart Sensors and Real-time Monitoring Software Platforms to Enhance Waste Asset Management
• Integration of AI with Robotics to Revolutionize Waste Collection and Recovery
• Deploying Automated Waste Conveying Systems (AWCS) for Efficient SWM
• Multipurpose and High-speed Robots Equipped with Sensors for Effective Waste Sorting and Management
• End-to-End Software Platform for the Digitalization and Real-time Monitoring of the Waste Management Sector
• IoT Sensors Coupled with Intelligent Routing and Asset Tracking Solutions for Effective SWM

5 IP Analysis

• China Led the Industry in SWM R&D Activity over the Past 3 Years

6 Growth Opportunity Universe

• Growth Opportunity 1: Autonomous Mobile Robots to Improve the Efficiency of Decentralized Waste Collection
• Growth Opportunity 2: Management of Organic Waste by the Installation of Modular and Smart Composters in Residential and Industrial Sectors
• Growth Opportunity 3: Strategic Private Public Partnership (PPP) Models for the Management of Electronic Waste

7 Appendix

• Technology Readiness Levels (TRL): Explanation

8 Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/l6trcu

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