According to the latest report by TechNavio, the use of smart waste technologies minimizes the overall cost involved in solid municipal waste collection. These technologies use RFID and sensor-based containers that facilitate real-time, easy-to-use web portal services for fill level measurement.
“The sensor-based container is a battery-powered wireless device that helps reduce the overall collection and logistics cost of waste disposal by approximately 50 percent,” says Faisal Ghaus, Vice President of TechNavio.
“The decrease in the cost of solid municipal waste collection thanks to smart waste technologies is an important factor that will propel growth in the Global Smart Waste Market in the coming years.”
The new report also emphasizes key 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.
“Highly efficient and advanced waste treatment technologies like plasma arc gasification and pyrolysis are gaining momentum in developed countries,” says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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