The global smart waste management market reached a value of US$ 2.3 Billion in 2022. As per the analysis by IMARC Group, the top companies in the smart waste management industry are significantly investing in research to develop innovative solutions and advanced technologies and make waste management more efficient and environment friendly. They are also collaborating and partnering with other organizations, including tech companies, research institutions, and government agencies, to expand their production capabilities. Key market players are leveraging the Internet of Things (IoT) and artificial intelligence (AI) technologies for waste monitoring and optimization of collection routes. They are also expanding their service offerings by broadening their range of waste types and extending the reach into new geographical markets. Besides this, leading companies are focusing on a customer-centric approach and providing customized services to meet the specific requirements of clients. They are also adopting sustainable measures to reduce emissions during waste collection and transport and exploring methods for waste-to-energy conversion. Looking forward, IMARC Group expects the market value to reach US$ 5.3 Billion by 2028, growing at a CAGR of 13.9% during the forecast period (2023-2028).
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The global smart waste management market has several major players including Big Belly Solar, LLC, Bine sp. z o. o., Ecube Labs Co. Ltd., Enevo Inc. (REEN AS), Evreka, GreenQ, Pepperl+Fuchs SE, RTS Holding, Inc., Rubicon Technologies LLC, Sensoneo, Suez SA, Veolia Environnement S.A. etc. More information about these companies has been provided below.
Establishment: |
2003 |
Headquarters: |
Massachusetts, US |
Website: |
https://bigbelly.com/ |
Big Belly Solar, LLC is one of the leading companies dealing with efficient waste operations and focusing on enhancing their productivity while minimizing labor, costs, and fuel consumption. The company introduced smart solar-powered compacting waste bins, which are connected to CLEAN, a cloud-based software management platform. It is also investing in research operations to innovate effective recycling solutions for public places.
Headquarters: |
Poland |
Website: |
https://bine.world/ |
Bine sp. z o. o. is a waste management solutions provider offering artificial intelligence (AI)-based smart waste bins designed for public places. The company focuses on simplifying recycling processes by manufacturing smart bins that can compress waste automatically and control the fill level. It also provides an app that gives users detailed statistics and reports about waste production.
Establishment: |
2011 |
Headquarters: |
Seoul, South Korea |
Website: |
https://www.ecubelabs.com/ |
Ecube Labs Co. Ltd. is an innovative green technology company providing eco-friendly waste management solutions for sustainable and smart cities. The company has a diverse portfolio, including integrated Internet of Things (IoT)-based solutions that are capable of improving the efficiency of waste collection and making communities cleaner. It also focuses on providing transparency and increasing operational effectiveness in the waste collection chain.
Establishment: |
2010 |
Headquarters: |
Massachusetts, US |
Website: |
https://enevo.com/ |
Enevo Inc., acquired by REEN AS in 2021, focuses on providing a cloud-based software platform and sensor portfolio to waste services companies, property managers, campus environments, cities, and municipalities. The company provides tools to collect and examine detailed data from waste containers and enables users to take actions for controlling their waste-associated operations and improving recycling rates. It also builds dynamic trends and provides insights on hourly fill level readings and collection events to collect containers on time for optimal service quality.
Establishment: |
2015 |
Headquarters: |
Ankara, Turkey |
Website: |
https://evreka.co/ |
Evreka designs digitized and end-to-end waste management services with a focus on operational excellence in the waste management sector. The company enhances integrated platforms to utilize software and hardware innovations and functions in cooperation with local authorities, waste management companies, and municipalities for more sustainable and digital waste management. It also adopts environmental initiatives and reflects impressive innovations that drive business value and advances sustainability.
Establishment: |
2015 |
Headquarters: |
California, United States |
Website: |
https://greenq.gq/ |
GreenQ functions toward making garbage trucks smarter and eliminates the need for adding sensors to the waste bins. The company focuses on designing advanced technology to meet the requirements of system integrators, municipalities, and collection vendors. It also prioritizes innovation for enhancing waste management practices in cities.
Establishment: |
1945 |
Headquarters: |
Mannheim, Germany |
Website: |
https://www.pepperl-fuchs.com |
Pepperl+Fuchs SE is one of the leading organizations in the fields of explosion protection and sensor technology. The company heavily invests in research operations to manufacture innovative products for its customers. It also possesses a vast portfolio of industrial sensors and process interfaces. It specializes in manufacturing ultrasonic sensors, which can be integrated into refuse collection trucks to enable mobile equipment operations.
Establishment: |
2015 |
Headquarters: |
New York, US |
Website: |
https://www.rts.com/ |
RTS Holding, Inc. is committed to evolving the waste sector by offering comprehensive and sustainable solutions. The company has a waste-conscious collection service to improve the waste industry and is planning to integrate zero waste innovation into its revenue growth. It also believes in testing limits and challenging the status quo to produce responsible and innovative solutions.
Establishment: |
2008 |
Headquarters: |
United States |
Website: |
https://www.rubicon.com/ |
Rubicon Technologies LLC is one of the leading digital marketplaces for waste and recycling solutions. The company focuses on creating software solutions that bring transparency in the waste and recycling industry and encourage customers to make data-driven decisions. It also manages all waste and recycling services via an extensive network of more than 8000 vendors and hauler partners.
Establishment: |
2017 |
Headquarters: |
Bratislava, Slovakia |
Website: |
https://sensoneo.com/ |
Sensoneo is one of the global leaders in smart waste management solutions, which focuses on helping cities and businesses manage the biggest challenges of waste management. The company initiated its journey by launching a waste-fill level monitoring solution that consisted of sensors measuring the levels of waste in bins. It also focuses on waste and collection monitoring, route planning, factory waste management, and deposit return scheme integration.
Headquarters: |
Paris, France |
Website: |
https://www.suez.com/ |
Suez SA focuses on providing access to clean water and waste services to its customers with resilient and innovative solutions. The company delivers essential services that protect and improve the quality of life of its clients and partners. It also promotes and implements responsible behaviors along with efficient technologies to recycle the finite resources on earth.
Establishment: |
1853 |
Headquarters: |
Paris, France |
Website: |
https://www.veolia.com/ |
Veolia Environnement S.A. focuses on the management of water supplies and distribution networks and systems. The company also provides efficient waste management solutions, including collection, processing, and disposal of household, trade, and industrial waste. It has unique expertise in energy efficiency, heating and cooling network management, and renewable energy generation.
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About Author:
Shree Basu Senior Content Writer at IMARC Services Private Limited Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
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