According to Fortune Business Insight's report, "Industrial Waste Management Industry, 2021- 2028," the market was worth USD 937.06 billion in 2020 and will be worth USD 979.60 billion in 2021. During the forecast timeline, Asia Pacific is expected to remain at the forefront and hold the highest market position. This can be attributed to the region's growing population. Furthermore, the rise of various industries in the area generates a large amount of scrap. Today, several developed and developing countries are concentrating their efforts on developing innovative technology and enhanced scrap collection solutions, such as advanced sensors that alert garbage management businesses when bins are full and need to be serviced. E-waste management is also getting a lot of traction around the world.
The market is segmented into construction & demolition waste, manufacturing waste, chemical waste, mining waste, oil & gas waste, agriculture waste, nuclear waste, and others. Based on services, the market is further separated into three categories: landfill, recycling, and incineration. Furthermore, increasing environmental regulations by governments and the growing technological transformation of waste management policies are also contributing to the growth of the smart waste management market. Today, there is a growing demand for cost-effective smart waste collection solutions that incorporate a variety of modern technology, such as radio frequency identification (RFID), the Internet of Things (IoT), and global positioning systems (GPS), to name a few. This trend, which is promoting the adoption of smart waste management technology in metropolitan societies, is particularly prominent in urban regions in order to build a healthier environment and public health.
At this juncture, there is a variety of waste management solution providers in the market that caters to the different needs of the enterprises. To help them choose the company that best fits their requirements Food and Beverages Tech Review APAC compiled a list of the 10 most promising waste management solution providers. The enlisted companies are the front runners in the market that provide a wide span of features. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs and CXOs.
We present to you Food and Beverages Tech Review APAC's “Top 10 Waste Management Solutions Providers - 2022.”
