Smart Waste Management Market Research Report - Global Forecast till 2030

Global Smart Waste Management Market Research Report - by Component (Hardware, Solution (Data Analytics and Reporting Solution, Remote Device monitoring, Fleet Management, Network Management, Asset Management and others) and Services), Type of waste (Solid, Special and E-waste), Method (Smart Collection, Smart Processing, Smart Energy Recovery and Smart Disposal), Application (Healthcare, Industrial & Manufacturing, Construction, Food & Retail, Residential and Others) - Forecast till 2030

ID: MRFR/ICT/0488-CR | February 2020 | Region: Global | 155 pages

Impact of COVID-19 on the Global Smart Waste Management Market

Smart waste management is a process of the collection, transfer, and effective disposal of waste with a minimal effect on the environment. Smart waste management uses sensors that are placed in the waste containers to measure the levels of waste in the waste bins and notify the city garbage collection services when the bins are to be emptied. The data collected by the sensors helps to identify the fill patterns, reduce the operational costs, and optimize driver schedules and routes. The major factors driving the growth of the market include the increasing number of smart city initiatives and the proliferation of sensor technologies. Besides, smart trash or smart bins are used for collecting waste material, and the garbage monitoring system aids the waste management officials to handle the waste material effectively. The COVID-19 pandemic has accelerated the adoption of smart city technologies, such as smart bins, during the epidemic. In India, an alumnus of IIT Kanpur has come up with a smart container that features a special coating on the surface of its mouth and helps in reducing the lifespan of the virus by up to 95%. This helps in minimizing the risk of infection to other users as well as enhances the safety levels when handling the waste.

During the COVID-19 pandemic, the smart bins system helps to prevent the spread of the virus through waste generated at clinics, hospitals, quarantine zones, and public places. At the beginning of the COVID-19 pandemic, the governments in various countries have imposed lockdowns owing to which the municipal waste operators and public authorities had to quickly modify their waste management systems and measures taking into consideration factors such as health and safety of the employees, the requirement for waste treatment, staff availability, and general procedures for the waste sector.

The COVID-19 virus can survive for days on surfaces; therefore, there is an urgent need to revamp waste disposal and collection. The use of waste management processes through smart bins helps to clear waste containers before they overflow. Waste collection, transfer, disposal, and recycling needs to be revamped quickly. Technologies play an essential role in this process. The waste management sector is expected to suffer through a shortage of workforce post the pandemic as there would be fewer sanitation workers. Also, workers should be equipped with more skills and techniques.

Smart Waste Management Market