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Europe Smart Waste Management Market Size, Share & Trends Analysis Report By Source (Residential, Industrial, and Commercial), By Method, By Waste Type (Solid Waste, E-Waste, and Special Waste), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 96 Pages
  • June 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5982389
The Europe Smart Waste Management Market would witness market growth of 14.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Smart Waste Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $468.5 million by 2031. The UK market is exhibiting a CAGR of 13.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15.9% during (2024 - 2031).



One of the primary drivers of the market is the escalating waste generation. Traditional methods, which often rely on fixed schedules and routes for waste collection, are inefficient and contribute to higher operational costs and increased greenhouse gas emissions.

In contrast, smart waste management systems employ IoT-enabled sensors that monitor the fill levels of waste bins in real time. These sensors communicate data to a centralized platform, which uses AI and data analytics to determine the most efficient collection routes. Cities can substantially reduce fuel consumption, lower emissions, and reduce labor costs by optimizing the routes of collection vehicles and collecting waste only when bins are full.

In Italy, significant investments and national initiatives to improve waste management practices drive the increasing demand for smart waste management. The Italian National Institute for Environmental Protection and Research (ISPRA) reports that Italy's recycling rate was around 50% in 2019. Italy has invested in smart waste collection systems and advanced recycling technologies. Cities like Milan have implemented IoT-enabled waste bins and data-driven collection systems to optimize waste management operations.

The Italian government has also introduced policies to support the circular economy, including incentives for companies that adopt sustainable waste management practices. Initiatives such as the "Waste Watcher" program use smart bins and mobile apps to provide real-time feedback to residents on their recycling performance, enhancing public participation and recycling rates. These initiatives, which are bolstered by government regulations and funding, are indispensable for the advancement of Europe's smart waste management market and the implementation of sustainable waste management practices.

Based on Source, the market is segmented into Residential, Industrial, and Commercial. Based on Method, the market is segmented into Smart Collection, Smart Processing and Smart Disposal. Based on Waste Type, the market is segmented into Solid Waste, E-Waste, and Special Waste. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Sensoneo j.s.a.
  • Reworld Waste, LLC
  • Redwave (BT-Wolfgang Binder GmbH)
  • Suez S.A.
  • Ecube Labs
  • Big Belly Solar, Inc.
  • Waste Management, Inc.
  • Republic Services, Inc. (Cascade Investment Group, Inc.)
  • Veolia Environnement S.A.

Market Report Segmentation

By Source
  • Residential
  • Industrial
  • Commercial
By Method
  • Smart Collection
  • Smart Processing
  • Smart Disposal
By Waste Type
  • Solid Waste
  • E-Waste
  • Special Waste
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Waste Management Market, by Source
1.4.2 Europe Smart Waste Management Market, by Method
1.4.3 Europe Smart Waste Management Market, by Waste Type
1.4.4 Europe Smart Waste Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Smart Waste Management Market by Source
4.1 Europe Residential Market by Country
4.2 Europe Industrial Market by Country
4.3 Europe Commercial Market by Country
Chapter 5. Europe Smart Waste Management Market by Method
5.1 Europe Smart Collection Market by Country
5.2 Europe Smart Processing Market by Country
5.3 Europe Smart Disposal Market by Country
Chapter 6. Europe Smart Waste Management Market by Waste Type
6.1 Europe Solid Waste Market by Country
6.2 Europe E-Waste Market by Country
6.3 Europe Special Waste Market by Country
Chapter 7. Europe Smart Waste Management Market by Country
7.1 Germany Smart Waste Management Market
7.1.1 Germany Smart Waste Management Market by Source
7.1.2 Germany Smart Waste Management Market by Method
7.1.3 Germany Smart Waste Management Market by Waste Type
7.2 UK Smart Waste Management Market
7.2.1 UK Smart Waste Management Market by Source
7.2.2 UK Smart Waste Management Market by Method
7.2.3 UK Smart Waste Management Market by Waste Type
7.3 France Smart Waste Management Market
7.3.1 France Smart Waste Management Market by Source
7.3.2 France Smart Waste Management Market by Method
7.3.3 France Smart Waste Management Market by Waste Type
7.4 Russia Smart Waste Management Market
7.4.1 Russia Smart Waste Management Market by Source
7.4.2 Russia Smart Waste Management Market by Method
7.4.3 Russia Smart Waste Management Market by Waste Type
7.5 Spain Smart Waste Management Market
7.5.1 Spain Smart Waste Management Market by Source
7.5.2 Spain Smart Waste Management Market by Method
7.5.3 Spain Smart Waste Management Market by Waste Type
7.6 Italy Smart Waste Management Market
7.6.1 Italy Smart Waste Management Market by Source
7.6.2 Italy Smart Waste Management Market by Method
7.6.3 Italy Smart Waste Management Market by Waste Type
7.7 Rest of Europe Smart Waste Management Market
7.7.1 Rest of Europe Smart Waste Management Market by Source
7.7.2 Rest of Europe Smart Waste Management Market by Method
7.7.3 Rest of Europe Smart Waste Management Market by Waste Type
Chapter 8. Company Profiles
8.1 Sensoneo j.s.a.
8.1.1 Company Overview
8.2 Reworld Waste, LLC
8.2.1 Company Overview
8.3 Redwave (BT-Wolfgang Binder GmbH)
8.3.1 Company Overview
8.4 Suez S.A.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.5 Waste Management, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 SWOT Analysis
8.6 Republic Services, Inc. (Cascade Investment Group, Inc.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 SWOT Analysis
8.7 Veolia Environnement S.A.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Ecube Labs
8.8.1 Company Overview
8.9 Big Belly Solar, Inc.
8.9.1 Company Overview

Companies Mentioned

  • Sensoneo j.s.a.
  • Reworld Waste, LLC
  • Redwave (BT-Wolfgang Binder GmbH)
  • Suez S.A.
  • Ecube Labs
  • Big Belly Solar, Inc.
  • Waste Management, Inc.
  • Republic Services, Inc. (Cascade Investment Group, Inc.)
  • Veolia Environnement S.A.

Methodology

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